Manila Protesters Rally, Defying Arroyo's State of Emergency
Feb. 24 (Bloomberg) -- Thousands of Filipinos marched through Manila tonight demanding President Gloria Arroyo's resignation hours after she declared a state of emergency and banned demonstrations. The peso had its biggest drop in more than three years. Stocks and bonds slumped.
In a nationally televised address today, Arroyo said a group of military officers and civilians had planned to establish an ``extra-constitutional regime'' in the country. The military said this morning it detained General Danilo Lim, commanding officer of the army's elite Scout Rangers. Lim was involved in 1989 coup attempt against then-President Corazon Aquino.
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Thousands marched even after the police said permits to rally today would be canceled. Police broke up rallies at two points on Manila's main road, Edsa. They used shields and truncheons as they tried to disperse a group headed toward Makati, Manila's financial district, according to video broadcast by ABS- CBN News. ``Many'' civilians participating in the rallies have been arrested, ABS-CBN reported.
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A group saying it is made up of active and retired members of the military earlier this week claimed responsibility for an explosion on the grounds of Malacanang. Malacanang officials said the explosion, which didn't cause any injuries or damage, may have been a construction-related accident, without ruling out the possibility it was intentional.
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