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Economic Interests: Gain control over the clove trade to boost Spanish revenues. Strategic Aims: Isolate Muslim powers in the southern Philippines, such as the Sultanates of Sulu and Maguindanao, by cutting off their support from Ternate. Reputation: Enhance Spain's prestige in the region and deter Dutch encroachment.
The trade was changed by the Crusades and later the European Age of Discovery, [4] during which the spice trade, particularly in black pepper, became an influential activity for European traders. [5] From the 11th to the 15th centuries, the Italian maritime republics of Venice and Genoa monopolized the trade between Europe and Asia. [ 6 ]
Control over the spice trade was an early priority of the Dutch, who were soon to be organized in the East India Company (VOC). Being inveterate enemies of the Catholic Iberian monarchy, the Protestant seafarers seemed to be natural allies with Ternate which, in spite of past victories, still perceived the Philippine colony as an acute threat.
Afonso de Albuquerque conquered Malacca—central to Southeast Asian trade—in 1511. Learning the secret location of the " spice islands "—the Bandas and Ternate and Tidore in the Malukus in present-day Indonesia , then the single source of nutmeg and cloves and the main purpose for the European exploration of the Indian Ocean [ citation ...
The Philippines also became the distribution center of silver mined in the Americas, which was in high demand in Asia, during the period. [20] In exchange for this silver, the Philippines very much functioned like a trade entrepot between the nations of South, East and Southeast Asia and the territories in Spanish North and South Americas ...
Campaigning for the Philippines' midterm elections kicked off on Tuesday against a fractured political backdrop, heightened by a high-profile row among warring elites that culminated in last week ...
The Philippines accused China's coast guard on Tuesday of firing water cannon at government ships taking supplies to fishermen at a disputed shoal in the South China Sea, but Beijing said its ...
Politiko is a Filipino news website covering Philippine politics.Politiko was established in 2014 and managed by MCD Multimedia Corporation (as mentioned in the disclaimer of their website) and Prage Management Corporation who also controls the operation of the tabloid newspaper Abante as well as sibling websites, Bilyonaryo.com, Abogado and NewsKo.