Recent Posts

Philippines on Alert for Strengthening Tropical Storm Hagupit

By admin On December 2, 2014 No Comments

Residents of the Philippines are being put on alert for possible severe dangers from strengthening Hagupit.

Hagupit is currently a tropical storm churning near the western Caroline Islands.

Conditions are prime for Hagupit to strengthen further as it tracks through the Caroline Islands, becoming a typhoon by the time it is tracking very close to the island of Yap Wednesday night (local time).

Residents of this island should prepare for torrential rain, damaging winds and dangerously rough surf as the typhoon passes by. The weather will begin deteriorating Wednesday afternoon.

Beyond Yap, meteorologists have identified two scenarios for Hagupit. Both scenarios are typical with tropical systems that form in this region and would support Hagupit becoming a powerful typhoon with maximum sustained winds of 185 kph (115 mph) or greater.

The first scenario would be a more westerly track, bringing the cyclone into the southern or central Philippines this weekend and in contact with

Click here to continue reading

Biggest Palladium Deposits Discovered in Philippines

By admin On November 28, 2014 No Comments

NASA, together with USGS, (United States Geological Survey), released a 3-year study report detailing the 8,450 square kilometer palladium deposits lying below the seas of Visayan, Sibuyan, and Tablas Strait.

Current biggest producer of Palladium is Russia with 44%, followed by Africa with 40%, and the rest are from Canada and US.

If the Philippine government allows foreign investors to dig and mine the palladium deposits, the country can expect around $9.8B a year in net profit, report said.

USGS estimated that the whole deposit is 2% bigger than that of Russia with a total volume of around 3.8 million metric tons.

Current price of processed 99.9 carats of palladium is $24,570 per kilogram. The total estimated price for the whole deposit is $93B, or 410 trillion PHP.

Palladium is one of the most precious and rare metals used in jewelries, electronics, and automotive mainly in catalytic converters.

Aside from the discovery of palladium, other mineral

Click here to continue reading

Russia reduces gas exports to Poland

By admin On September 11, 2014 No Comments

Russia’s gas supplies to Poland have dropped by 45%, Poland’s state gas firm PGNiG says, amid tensions over Ukraine.

The news came just hours after Poland stopped providing gas to Ukraine through “reverse-flow” pipelines.

The Russian gas volumes were 24% lower on Tuesday and 20% lower on Monday, according to PGNiG. That shortfall prompted Poland to halt reverse-flow.

Poland and Ukraine rely heavily on Russian natural gas. Russia is in a pricing dispute over gas with Ukraine.

Some analysts believe Russia, which stopped gas supplies to Ukraine in June over the pricing dispute, is punishing Poland for sending gas to Ukraine.

Ukrainian forces have been fighting pro-Russian rebels in eastern Ukraine since April, after the separatists declared independence in two regions.

Russia has denied arming the rebels and sending soldiers across the border.

On Wednesday Russia’s state gas monopoly Gazprom denied Poland’s allegation that it had reduced gas supplies.

“Currently exactly the same volume of gas

Click here to continue reading

Ladies’ Code singer Rise dies four days crash

By admin On September 7, 2014 No Comments

A second member of South Korean pop group Ladies’ Code has died, four days after the vehicle they were travelling in crashed near Seoul.

Kwon Ri-sae, known as Rise, died in hospital at the age of 23 on Sunday.

She had been unconscious after emergency brain surgery following Wednesday’s accident, a spokesperson from Polaris Entertainment said.

The funeral of EunB took place in Seoul on Friday

Her death follows that of 22-year-old bandmate Go Eun-bi, better known as EunB, who died shortly after the crash.

The five-member group made their debut in 2013 and released their latest single Kiss Kiss last month.

One other member of Ladies’ Code fractured her jaw and two had minor injuries and were treated for shock.

Police inspector Lee Ho-dong told the Associated Press that the crash happened when band were returning to the South Korean capital after filming a TV interview in the south-eastern city of Daegu.

The van driver was

Click here to continue reading

Costa Concordia wreck enters Genoa port for salvage operation

By admin On July 27, 2014 No Comments

The wrecked Italian cruise ship, the Costa Concordia, has entered the port of Genoa for scrapping after a two-year salvage operation.

Its removal was one of the biggest ever maritime salvage operations.

It limped into the port to be greeted by Prime Minister Matteo Renzi and to the sound of ships’ horns blaring.

Worries that the damaged hull would disintegrate under the strain of the four-day, 280km (170-mile) journey from the disaster site proved unfounded.

“This is not a runway show. It’s the end of a story in which many people died, which none of us will ever forget,” Prime Minister Matteo Renzi said

Italian Prime Minister Matteo Renzi (R) with Italian Defence Minister Roberta Pinotti (L) arrives at the site where the Costa Concordia is moored Italian Prime Minister Matteo Renzi arrived in Genoa on Sunday with Defence Minister Roberta PinottiClick here to continue reading