Word: arroyos
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...reporting on the Philippines' embattled President Gloria Macapagal Arroyo drew mail from readers who called for her to clean up the system. Others saw little hope for any such reform...
...That was Cardinal Sin's philosophy too. Up until the day he died, he was devouring newspapers and demanding thrice-daily reports on the crises hitting Arroyo, according to his brother and his private secretary (though this time Sin had not made his views public). Cardinal Sin's legacy is a church that sees no need to remain in the bully pulpit...
Meals at Manila's Malacañang palace are a modest affair. at a recent lunch, the Philippine President Gloria Macapagal Arroyo and some guests from TIME were fed scrambled eggs, bacon, burgers and fries. It was a menu with a message-that Arroyo is scrupulously guarding the nation's scant resources. It's easy to see why her kitchen is engaged in this game of culinary p.r. Despite a solid growth rate of around 5%, the economy is a mess, hobbled by 11% unemployment, 8% inflation, and a crushing $70 billion in national debt. Adding to the perception that...
...months ago, I bought a stake in a small, private company that operates a call center in downtown Manila. Call centers, which do everything from handling customer-service inquiries to taking purchase orders, are a rare success story in the Philippines. "It's a sunrise industry," Arroyo told me, delighted by the chance to discuss a positive trend. "Four years ago, it was just beginning here. Today, it's employing about 70,000 young people and hiring thousands more each month. I think the sky is the limit...
...night after I met with Arroyo, I had dinner in Manila with the firm's co-founder, a Westerner who has done business in the Philippines for 30 years and who personally pays for the education of 21 local kids. I was taken aback by how emotional he was about what he called the "moral obligation to invest" in the country. "These people are trying to find a way out," he said. "You just have to give them the chance. They've given up on the idea of something changing at the top. But money gives them hope...