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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Rolla Coasta who wrote (9894)	1/19/2001 3:42:17 PM
From: CIMA	Read Replies (1) \| Respond to of 9980

A year ago, STRATFOR.com analyzed the situation in the Philippines and forecast that the president would not serve out his term. At this hour, President Joseph Estrada is besieged on nearly all sides and his vice president is moving to take power. Read our extensive analysis and coverage. Analysis Having outlasted popular opposition, an impeachment trial and a souring economy, Philippine President Joseph Estrada is now set to fall as most elements of his country have turned defiantly against him. Across the country, key figures, security forces, politicians, the business community are abandoning Estrada, a former movie actor who became president just over a year ago only to be embroiled in a vast corruption scandal. Only hours ago most of his cabinet resigned. And his vice president has taken to calling herself commander in chief, as well as reportedly ruling out any amnesty for the besieged president. So confident is the opposition that it has set a deadline of 2200 GMT for the president to resign. Estrada's opponents appear secure enough to be unwilling at this time to offer him a deal. Opposition figures say that Estrada wants a pardon and he appears to be unwilling to make a move in the hopes of getting one, according to the Straits Times. Vice President Gloria Macapagal- Arroyo has within hours flatly refused. "Estrada's in no position to strike a bargain or make concessions," she said on Friday, according to Agence Prance Presse. Arroyo is reportedly awaiting a call from the presidential palace. A three member transition team of hers is reportedly holding talks with Estrada advisers. The vice president is reportedly naming new officials. ********* TO READ THE REST OF THIS ARTICLE CLICK HERE ********* stratfor.com ___________________________________________________________________ <<<<<<<<<<<<<< SUBSCRIBE TO BECOME A MEMBER TODAY!>>>>>>>>>>>>>>> Stratfor.com introduces new, expanded analysis for readers seeking more insight on the entire range of global affairs. Our new site features more intelligence on more subjects, easier navigation and expanded coverage. stratfor.com <<<<<<<<<<<<<< SUBSCRIBE TO BECOME A MEMBER TODAY!>>>>>>>>>>>>>>> ___________________________________________________________________ SIGN-UP: Get the free, daily Global Intelligence Update: stratfor.com You can stop receiving the GIU by clicking on: stratfor.com CONTACTS AND CUSTOMER SERVICES: STRATFOR.com 504 Lavaca, Suite 1100 Austin, TX 78701 Phone: 512-583-5000 Internet: stratfor.com Email: info@stratfor.com ADVERTISE For information on advertising in the GIU or any section of the Stratfor.com website, please email us at advertising@stratfor.com ==================================================== (c) 2000 Stratfor, Inc.