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January to March – The First Quarter Storm [1] was a period of leftist unrest in the Philippines, composed of a series of heavy demonstrations, protests, and marches against the government. January 26 – Pres. Marcos delivers his State of the Nation Address at the Legislative Building, Manila .
The protest during Ferdinand Marcos' Fifth State of the Nation Address on January 26, 1970, and its violent dispersal by police units, [1] marked a key turning point in the administration of Ferdinand Marcos, and the beginning of what would later be called the "First Quarter Storm" a period of civil unrest in the Philippines which took place during the first quarter of the year 1970.
The First Quarter Storm (Filipino: Sigwa ng Unang Kuwarto or Sigwa ng Unang Sangkapat), often shortened into the acronym FQS, was a period of civil unrest in the Philippines which took place during the "first quarter of the year 1970".
According to World Bank data, the Philippines' gross domestic product (GDP) quadrupled from $8 billion in 1972 to $32.45 billion in 1980, for an inflation-adjusted average growth rate of 6% per year. [40] Indeed, according to the U.S.-based Heritage Foundation, the Philippines enjoyed its best economic development since 1945 between 1972 and 1980.
The social unrest of 1969 to 1970, and the violent dispersal of the resulting "First Quarter Storm" protests were among the early watershed events in which large numbers of Filipino students of the 1970s were radicalized against the Marcos administration. Due to these dispersals, many students who had previously held "moderate" positions (i.e ...
Early humans made stone tools in the Tabon Caves in Palawan. 40,000 Negritos start to settle. [2] [clarification needed] [3] 35,000 At the old Kapampangan region was 10 times larger than the present borders, years ago, a series of eruptions from Mount Pinatubo dumped lava, ashes, tephra and lahar into the sea, forming the present landmass of ...
At 7:15 p.m. on September 23, 1972, President Ferdinand Marcos announced on television that he had placed the Philippines under martial law, [1] [2] stating he had done so in response to the "communist threat" posed by the newly founded Communist Party of the Philippines (CPP), and the sectarian "rebellion" of the Muslim Independence Movement (MIM).
The external debt of the Philippines rose more than 70-fold from $360 million in 1962 to US$2.3 billion in 1970 to US$17.2 billion in 1980 to $26.2 billion in 1985, [21] leaving the Philippines one of Asia's most indebted nations. [8] At the end of 1979, the ratio of debt to GDP was about the same as South Korea. [11]