Top judge falls in the Philippines

Top judge falls in the Philippines: The firing of Renato Corona as chief justice of the Philippine Supreme Court for failing to disclose US$2.4 million in bank assets is a major boost for President Benigno Aquino's anti-corruption campaign. If Aquino can succeed in dispelling long-held perceptions about deep-rooted graft in the Philippines, the country's youthful demographics could give it a competitive edge over regional rivals. - Simon Roughneen (May 30, '12)