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Ownership of Meralco Securities Corporation was placed under a newly created shell company called the Meralco Foundation, Inc., controlled by Marcos' brother-in-law Benjamin Romualdez, [9] which made a downpayment of about $1,500 for a "very minimal" total sale price of about $28 million (200 million pesos at the prevailing rate). Installment ...
U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The U.S. dollar was originally defined under a bimetallic standard of 371.25 grains (24.057 g) (0.7734375 troy ounces) fine silver or, from 1834 , [ 2 ] 23.22 grains (1.505 g) fine gold, or $20.67 per troy ounce .
The Philippines, [f] officially the Republic of the Philippines, [g] is an archipelagic country in Southeast Asia. In the western Pacific Ocean, it consists of 7,641 islands, with a total area of roughly 300,000 square kilometers, which are broadly categorized in three main geographical divisions from north to south: Luzon, Visayas, and Mindanao.
As the cultural center of the Philippines, Manila has a number of museums. The National Museum Complex of the National Museum of the Philippines, located in Rizal Park, is composed of the National Museum of Fine Arts, the National Museum of Anthropology, the National Museum of Natural History, [287] and the National Planetarium.
Benigno Aquino III, the outgoing president, whose term expired on June 30, 2016 Map of the results of the 2010 vice presidential election.. Senator Benigno Aquino III of the Liberal Party, who ran on an anti-corruption platform, won the 2010 election with 42.08% of the votes defeating Joseph Estrada, a former president who was deposed in 2001 after scandals of massive corruption, and several ...