MANILA (Reuters) - Investors and ordinary Filipinos braced for more turmoil on Tuesday as President Gloria Macapagal Arroyo battled allegations of wrong-doing and a court freeze on a tax law at the centre of her economic and social reforms.
Arroyo has vowed to finish her second term in 2010 but is facing the worst crisis of her four-year presidency as some of the professionals, business groups and Catholic Church leaders who make up her support base begin to distance themselves from her. More...
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