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Is BSP still independent?
Watching the Senate hearing on the Maharlika Fund last week, I wondered if the BSP is still independent.
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Crisis to crisis: What Asia learned from the financial chaos of 1997
Twenty-five years ago this month marked the beginning of economic, political and financial market turmoil that would become known as the Asian Financial Crisis. Currencies and stock markets tumbled. Governments were overthrown. Poverty rates soared.
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