Flood Ondoy hits the Philippines
Hundreds still missing
Just a few hours after we were analyzing our portfolio performance (see previous blog entry), we got the news that the Philippines was hit by a Typhoon.
The disaster was nothing new for a country that is used to calamities during the rain season. However this storm was quite severe and hundreds are still missing. A month of rain fell in a few hours time. Actually, last year in August - just to give an example - the country was also hit by a typhoon.
It is sad news and our thoughts are with the people in the Philippines, a country where we have many friends. It is shocking that it happened just a week after our focus on two leading ladies of the country, president Gloria Arroyo and music star Charice Pempengco (see earlier blog entry here).
For more information I refer to our firm's social platform LMG World TV, where we have a video entry with first images from the typhoon (from Al Jazeera).
Feel free to join LMG World TV as a member. It is free of costs and you will be joining other people like you, who believe that the world is changing and that it is necessary to be part of this change.
LMG World TV brings news, background stories, education, videos, music and a lot more. All with a focus on the countries that will be key in this changing world, the Developing Countries.
LMG World TV
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