[Blueboard] Newsbriefs 5 August Afternoon

Simbahang Lingkod ng Bayan slb at admu.edu.ph
Fri Aug 5 15:48:17 PHT 2005

*Newsbriefs 5 August Afternoon
Simbahang Lingkod ng Bayan*

Malacañan: Roco a true patriot, freedom fighter (*abs-cbnnews*)**

Malacañan on Friday joined the Filipino people in mourning the death of 
former senator and education secretary Raul Roco, calling him "a true 
patriot and freedom fighter."

"He was an exemplary lawyer, legislator and leader who inspired many 
with not just his words, but with his actions. His passing is a great 
loss for our nation," Press Secretary Ignacio Bunye said in a statement.

Last month, a newspaper quoted Roco as saying President Arroyo had "lost 
the moral right to govern" and should step down "for the sake of 
national unity" in the face of vote-rigging allegations.**

*Palace expresses sympathy over passing of former senator  **(philstar.com)*

MANILA (AP) - A top Palace official expressed sorrow over the death of 
Raul Roco, a former senator, education secretary and last year's 
presidential contender, who died Friday after a long bout with cancer, 
his brother said. He was 63.

Roco passed away at Manila's St. Lukes Hospital, where he had been 
confined for several weeks, Ding Roco said.

"We mourn the death of Sen. Raul Roco, a true patriot and freedom 
fighter," Arroyo's spokesman Ignacio Bunye said.

"He was an exemplary lawyer, legislator and leader who inspired many 
with not just his words, but his actions," he said. "His passing is a 
great loss for our nation."

*Dy invited to Senate inquiry on 'jueteng' -- Villar* (inq7.net)

Former Isabela governor Faustino Dy Jr. has been invited to attend the 
Senate inquiry on "jueteng," according to Senator Manuel Villar, head of 
the committee on public order and illegal drugs.

Dy, who is in the United States, said he would speak up only at the 
"proper forum" and would not allow himself to be used by those with 
"selfish interests."

Dy has been implicated in the payoff scandal after former Malacañang 
employee Michaelangelo Zuce claimed that the former governor, among 
others, was present when money was distributed to poll executives at 
Arroyo's La Vista home in Quezon City before the election.

*Stocks close mixed on consolidation as peso strengthens **(philstar.com)*

Consolidation overtook the Philippine stock market Friday due to 
political uncertainties, the index closing lower by 2.40 points to end 
at 1,975.60.

However, the All-Shares market closed higher by 2.84 points to end at 

Trade volume was at 447 million shares worth 1.45 billion pesos. 
Decliners beat advancers, 42 against 29, with 58 shares unchanged.

At the foreign exchange market, the local currency was trading stronger 
against the US dollar at *55.934 pesos* as compared to yesterday's close 
of 55.960 pesos.



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