“President Ferdinand Marcos said on Sept. 4 that the only reason for the surge in the retail prices of rice is the price manipulation by smugglers and hoarders.”
Vera Files says: Executive Order No. 39 dated Aug. 31 cited “global events” beyond the country's control, such as the Russia-Ukraine conflict, India's ban on rice importation and the unpredictability of oil prices in the world market, t…