LA Café stays closed — city hall
There are several facets with which to appreciate or dis-appreciate the convoluted and controversial case involving the Philippine government and the Philippine International Air Transport Corp. (Piatco), wherein the former was recently reported to have emerged with the longer straw in an arbitration case with the International Chamber of Commerce (ICC) in Singapore. I choose to delve into the fact that it is nothing more than a Pyrrhic victory for the state, something which the Aquino government conveniently glosses over, because in effect it lost an atrocious amount of money while defending itself in the complicated proceedings before the arbitration body thereby dampening the supposed huge gains that had come its way. Source: The Daily Tribune URL: http://www.tribuneonline.org/commentary/20100819com4.html |
|
0 comments
Post a Comment