Philippine ferry victims

Rescuers halted efforts on Monday night to find nearly 800 people missing from a capsized ferry in the Philippines as darkness fell and large swells prevented divers from drilling holes into the doomed vessel.

Many passengers were feared trapped inside the Princess of Stars after a handful of survivors said people were still onboard when the ship sank off the central island of Sibuyan in waves as big as houses during Saturday's typhoon.

But officials held little hope of finding people alive in airpockets on the ferry.

"We feel there is no life inside," said Lieutenant-Colonel Edgard Arevalo, a Philippine navy spokesman.

The ship was resting upside down with the tip of its bow above water and its stern resting on the bottom of the sea, easily visible from shore.

The coast guard said divers would cut open the 23,824 metric ton vessel on Tuesday after rescue efforts were halted for the night.

At least 20 new survivors and 15 bodies were found close to Masbate island, at least 70 km away from where the ship sank.

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Late

Well today I have my work here in our school but sad to say I am so late because it was so traffic along the high way. So thats why I am not on my time when I went to my work today. But still it is ok, because when I arrived in our school the laboratory is open and they are starting there classes. Because I will be the one to assist them in there needs in the laboratory. But I am so thankful because my boss did not get angry with me, and I don't know why. I am so really tired already of doing this every Sunday. huhuhuhu but still I believe that I can do it. And tomorrow, I will go back again to my class oh my God. But at least I only have 3 years left in this institution and after that I am done. And then I have to face the real world.

US state jobless rates higher

All but one US state reported a higher jobless rate in May, led by Michigan and Rhode Island.

Michigan, hit hard by a slumping automotive industry and high home foreclosure rates, saw its unemployment rate rise 1.6 percentage points to 8.5 percent in May from 6.9 percent in April.

Only Louisiana showed a month-on-month decrease in its seasonally adjusted unemployment rate, edging down to 4.0 percent in May from 4.1 percent in April. But the Gulf Coast state's labor force declined about 11,300 during the month, indicating fewer people actively were seeking jobs.

All other states and the District of Columbia, showed increases in their unemployment rates in May versus April.

The national unemployment rate rose to 5.5 percent in May compared to 5.0 percent in April, the Labor Department reported on June 6. A number states exceeded the national half-percentage point rise for the month.

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Lord Jesus

Jesus was born a Palestine Jew. He was born of Mary and Joseph at Bethlehem without impregnation and out of immaculate conception.

Jesus welcomed and embraced the sinners, the despised and the harlots and purified them. He comforted them and gave them solace and peace. He raised the fallen. He brought relief and rest to the broken-hearted.

Christ's message has always been: "Love thy neighbour as thyself". He said: "The Kingdom of Heaven is within thee. His will be done on earth as it is in heaven. Be not anxious. Seek ye first His Kingdom. Everything will be added unto thee". He was the way, the truth and the light, for all men to follow.

Jesus Christ laid stress on love of God and love of fellowmen, and the need for repentance or a change of heart, for entry into the Kingdom of God. He instructed people to feed the hungry and clothe the naked. He said that a contrite heart was necessary in order to receive God's forgiveness.

"The Kingdom of God is within thee. Seek and ye shall find. Knock and the door shall be opened unto thee." This is the foundation upon which the ethics of Jesus has been built.

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Mike Defensor as NAIA-3 task force head

President Arroyo has appointed former presidential chief of staff Michael Defensor as the head of the new powerful task force that would work on the immediate opening of the Ninoy Aquino International Airport International Passenger Terminal 3 (NAIA-3).

Mrs. Arroyo signed last June 9, Executive Order No. 732 creating the Presidential Task Force on the NAIA-3 that was "mandated to ensure the immediate opening and operation of Terminal III."

In her EO, she said the NAIA-3 was a major infrastructure project initiated in 1997 to service heavy passenger traffic.

"Since its construction in 1998, Terminal III has not been operational due to several legal, technical and other controversies," she said in her order. "The immediate opening and operation of Terminal III is of paramount national importance."

The government in 2004 took expropriated and took physical control of the facility after the Supreme Court ruled that the contract to build it with the Philippine International Air Terminal Co. (Piatco) and its German partner, Fraport AG, was onerous.

Since then, the NAIA-3 remained closed amid ongoing arbitration cases in the International Chamber of Commerce (ICC) in Singapore and in the International Center for the Settlement of Investment Disputes (ICSID) in Washington D.C.

LEAD ME LORD - WORSHIP SONG LYRICS

Lead me Lord, lead me by the hand
And make me face the rising sun
Comfort me through all the pain
That life may bring
There's no other hope
That I can lean upon
Lead me Lord Lead me all my life
Walk by me, walk by me across
The lonely road that I may face
Take my arms and let your hadn
Show me the way
Show the way to live inside your heart
All my days, all my life

Refrain: You are my light
You're the lamb upon my feet
All the time my Lord
I need You there
You are my light I (just) cannot live alone
Let me stay
By Your guiding love
All through my life
Lead me Lord
Lead me Lord Even though at times
I'd rather go alone my way
Help me take the right direction
Take Your road Lead me Lord
And never leave my side
All my days
All my life
You are my light
You're the lamb upon my feet
All the time my Lord
I need You there
You are my light I (just) cannot live alone
Let me stay By Your guiding love
All through my life
All through my days Lead me, O Lord Lead me Lord

Buying more Rice

The Philippines is negotiating with the Vietnamese government about buying an unspecified quantity of rice, taking advantage of a recent drop in international prices to boost stocks of its national staple.

Agriculture Secretary Arthur Yap told reporters on Friday that Manila, the world's biggest rice importer, had asked eight countries to submit offers but only Hanoi returned with terms.

Yap declined to say what volume or price was under discussion but said Manila was holding out for better conditions and would make a decision on a deal within seven days.

The Philippines and Hanoi have already signed an agreement for Vietnamese traders to supply up to 1.5 million tons of rice for this year but the Vietnamese government has previously said only around 1 million may be possible due to rising food inflation at home.

So far, the Philippine government has bought around 1.7 million tons of rice from overseas sources, mainly Vietnam and Thailand, at a total cost of around $1 billion. It wants to import around 2.1 million tons for this year.

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The Heart Of Worship Lyrics

Verse 1:
When the music fades
All is stripped away
And I simply come
Longing just to bring
Something that's of worth
That will bless Your heart

Bridge:
I'll bring You more than a song
For a song in itself
Is not what You have required
You search much deeper within
Through the way things appear
You're looking into my heart

Chorus:
I'm coming back to the heart of worship
And it's all about You,
It's all about You, Jesus
I'm sorry, Lord, for the thing I've made it
When it's all about You,
It's all about You, Jesus

Verse 2:
King of endless worth
No one could express
How much You deserve
Though I'm weak and poor
All I have is Yours
Every single breath

Bridge:
I'll bring You more than a song
For a song in itself
Is not what You have required
You search much deeper within
Through the way things appear
You're looking into my heart

Chorus:
I'm coming back to the heart of worship
And it's all about You,
It's all about You, Jesus
I'm sorry, Lord, for the thing I've made it
And it's all about You,
It's all about You, Jesus

Chorus:
I'm coming back to the heart of worship,
And it's all about You,
It's all about You, Jesus
I'm sorry, Lord, for the thing I've made it
When it's all about You,
It's all about You, Jesus

Source: www.google.com

Dollar on recovery

TOKYO - The dollar inched up in sluggish Asian trade on Friday as market participants stayed on the sidelines ahead of a key monthly US payroll report, dealers said.

The dollar inched upwards to 106.05 yen in Tokyo morning trade from 105.93 in New York late on Thursday.

The euro edged down to 1.5589 dollars from 1.5590 but rose to 165.30 yen from 165.20 yen.

"It's difficult to take positions as players want to see the US non-farm payroll data" to be released later in the day, said Hironobu Hagi, deputy general manager at the capital markets division of Shinsei Bank.

"A positive employment report should strengthen dollar-buying momentum as the dollar has steadily been on course to recovery," Hagi said.

"Recently, factors surrounding the dollar have become quite positive, but the dollar's downside risks have yet to be erased," he said. "If the dollar continues recovering at a faster pace, selling pressure would emerge."

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RP stocks lower on Wall St fall

Stocks fell on Tuesday as investors turned cautious following Wall Street's decline overnight due to more signs of weakness in the US economy, and ahead of a widely anticipated hike in the central bank's interest rates.

A squeeze in US manufacturing activity in May and construction spending in April, along with persistent credit problems, sent the Dow Jones industrial average down 1.06 percent or 134.50 points on Monday.

At home, analysts said investors have been worried that the central bank would raise its key interest rates in a meeting on Thursday, the same day the official data on May inflation would be released.

Four out of five economists polled by ABS-CBN were expecting the Bangko Sentral ng Pilipinas (BSP) to tighten monetary policy by at least a quarter of a percentage point to curb runaway inflation.

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Oil steady at $127

Oil prices were little changed below $128 a barrel on Monday, with traders tracking the dollar for direction as fleeting Tropical Storm Arthur marked the start of the Atlantic hurricane season, shutting two Mexican oil ports.

US light, sweet crude oil futures dipped 14 cents to $127.21 a barrel by 2325 GMT. Prices fell by nearly $5 last week as traders took profits from the previous week's record high above $135 on concerns over demand.

Oil managed modest gains on Friday, as the dollar's recovery stalled. The dollar inched down against the yen early on Monday, but market fundamentals also vied for traders' attention.

Tropical Storm Arthur became this season's first in the Atlantic at the weekend, opening a June-November hurricane period that forecasters expect to be more active than usual, threatening US and Mexican oil facilities.

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