now we are having a lot of these trade numbers that are kind of an expanding deficit, but also the bsbre not going to hike rates any time soon, which is what a lot of people expected. so why are we seeing the central bank of the philippines intervening to stem the peso's for? i think they have the ammunition to do it, because they have a lot of reserves at the moment. but i think the fact they have allowed it to weaken so far is because they are a little bit relaxed about how much inflationary consequences are weak peso has. and it is positive for incomes, because purchasing power becomes higher.m it is also a double—edged sword. it is good for overseas filipino workers who are committing to the philippines, for the outsourcing sector, but not so good for foreign investors who are sending money back to their home countries. this is where there is a lot of concern about the currency. given its fundamentals, and the fact it is still underperforming, does not go well with what markets are expecting at the moment. so i think, provided things will be stable and the bsb comes in from time to

probably violating bsb and i rushed statute is the easy way so people like algeria's -- alger hiss had access to the secrets he gave them to the soviets that is classical espionage he was a government official but did not have access to official secrets but did he do damage to the united states? in node. that is not what he was about. he thought i can do it all. i can fight fascism the way i want to and still remain a good american citizen. hemingway was far more deeply involved in espionage and intelligence and paramilitary fighting and with that group of activities than previously were ignored alleged. so for people to look at that and that consider that impact to be involved with this you have to be prepared for the possible consequences in one of the takeaways is i don't think he was fully prepared