Closure of ABS-CBN franchise.
ABS-CBN is a broadcasting network founded in October 23, 1953, after its long-going broadcasting it sadly came to an end this July 10, 2020. Huge amount of people were saddend when they heard this news.
The case of the shut down was because of a violation. Before the shut down ABS-CBN had been closed down on September 23, 1972 when martial law under Ferdinand Marcos was announced and the station's television and radio stations were sequestered.
March 30, 1995RA 7966 grants ABS-CBN franchise until 2020
May 19, 2020 The Supreme Court accepts the case.
June 30, 2020 Two alias cease-and-desist orders from NTC and Calida. All the exclusive digital channels of ABS-CBN TV Plus ceased broadcasting. SKYdirect ceased operations.
You may ask, 'why didn't abs cbn renew their contract' the reason is President Rodrigo Duterte maintained Monday that local media giant ABS-CBN Corp. still has unsettled taxes with the government worth billions of pesos
Phil health issue
(The P15bil issue)
PhilHealth Officials Face P15-Billion Fraud, Other Allegations; Funds Seen To Run Out By 2022
Dubbed by whistle-blower Thorrsson Montes Keith as the crime of the year, senators bewailed that these controversies are coming out at a time when the country is grappling with the COVID-19 pandemic.
A “mafia” involving the whole of Philippine Health Insurance Corp.'s executive committeee has stolen some P15 billion from the agency using different fraudulent schemes, resigned PhilHealth anti-fraud legal officer Thorrsson Montes Keith alleged during a Senate investigation on Tuesday, Aug. 4.
At the same time, a PhilHealth official said the agency is projected to run out of funds by 2022, with its 10-year actuarial life being cut drastically short by decreased collections and increased payouts due to the coronavirus disease 2019 (COVID-19) pandemic.
She said the agency projected a net operating loss of P90 billion in 2020 and P147 billion in 2021 should the pandemic persist. Senate Minority Leader Franklin Drilon pointed out that during the first quarter of this year – the COVID crisis exploded only in March – the reported loss was just P2 billion.
Covid 19
Covid 19 started in the 2020 'coronavirus'. it does not have an exact reason of why started but health experts said "A disease from the animals that got passed through people"
The economic and social disruption caused by the pandemic is devastating: tens of millions of people are at risk of falling into extreme poverty, while the number of undernourished people, currently estimated at nearly 690 million, could increase by up to 132 million by the end of the year.
There are already vaccines to have a stronger immune system, I recommend you getting your vaccine!
