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VIBRANT. Dancers in vibrant Benguet weave perform a modern ethno-cultural number inspired by the kiling’s rhythms, blending contemporary movement with traditional Ibaloy motifs during Kabayan’s 4th Kiling Festival. Mia Magdalena Fokno/RapplerVIBRANT. Dancers in vibrant Benguet weave perform a modern ethno-cultural number inspired by the kiling’s rhythms, blending contemporary movement with traditional Ibaloy motifs during Kabayan’s 4th Kiling Festival. Mia Magdalena Fokno/Rappler
Bird, dance, and Ibaloy life: A look at Kabayan, Benguet’s Kiling Festival
BENGUET, Philippines – Long before roads carved through the mountains in Kabayan, before tourism brochures called it mystical, the town in Benguet measured its seasons not by dates on a calendar but by the cry of a tiny red-throated bird.
As the town marked its 125th founding anniversary and the 4th Kiling Festival on Thursday, November 27, the small migratory bird kiling (Siberian rubythroat) returned to center stage, carrying with it memory, myth and the heartbeat of Ibaloy identity.
Kabayan – a town of more than 15,000 people, largely of Ibaloy descent – calls itself the cradle of Ibaloy culture, and the festival is a reminder of what that culture holds dear.
Local folklore tells of a clever kiling, whose ruby-colored throat once fooled a rat into slashing its own neck in envy. It is a tale that Ibaloy children once learned like a lullaby, a story that tucked values of wit and survival into a single bright-feathered creature.
But the kiling plays a role beyond myth. For generations of Ibaloy families, its high, crisp calls signaled the end of storms and the arrival of tegin, the cold season brought by the amihan (northeast monsoon) winds, which meant the start of rice planting. In the old days, the bird meant safety, renewal and the promise of food.
“Kiling reminds us that rains have passed, and the new planting season begins,” Mayor Rex Alwin Aquisan said. “Its cry was once our guide.”
Preserving identity
This year’s celebration, held at the municipal grounds in Poblacion, gathered elders, youth, cultural performers and visitors to honor the Siberian rubythroat, the bird that travels from northern Russia to these Cordillera mountains every winter.
DANCE BLENDING. Students perform the vibrant “Kiling-Tinikling,” blending the bird’s quick, playful movements with the classic bamboo dance. Mia Magdalena Fokno/Rappler
Students in devit (girls) and g-string (boys) performed the Kiling-Tinikling, a fusion dance conceptualized by the late former mayor Faustino Aquisan, blending the bird’s movements with the familiar rhythm of tinikling, the folk dance in which a woman traditionally steps in and out of two long poles held close to the floor.
Schools mounted performances, from Abucot Integrated School’s theatrical retelling of the kiling legend to modern ethno-cultural showcases by Ballay and Tawangan-Lusod students.
A tradition at risk
Yet behind the celebration lies a quiet grief. The old rhythm of rice farming has faded. Kabayan once grew the heirloom kintoman (red rice), the grain used to make tapuy (rice wine), which took seven to eight months to harvest. Today, only a handful of farmers still plant it.
Economics drove the change. Vegetable crops meant faster turnover and higher income. The slopes of Kabayan, even near Mount Pulag, slowly transformed into gardens of cabbage, cauliflower and potatoes, making the municipality a major vegetable producer in Benguet.
Despite government encouragement to revive the heirloom rice, reality continues to weigh heavier than nostalgia. Families must survive.
VIBRANT. Dancers in vibrant Benguet weave perform a modern ethno-cultural number inspired by the kiling’s rhythms, blending contemporary movement with traditional Ibaloy motifs during Kabayan’s 4th Kiling Festival. Mia Magdalena Fokno/Rappler
The festival’s theme, “Bridging Generations Through Culture and Progress,” captures the delicate balance Kabayan tries to achieve: honoring the past while navigating the demands of the present.
For Aquisan, the message carries a deeper resonance especially after Super Typhoon Uwan (Fung-wong) impacted the town just weeks earlier, leaving damage and fear in its wake.
Uwan, the 21st tropical cyclone to hit the country this year, struck Luzon with relentless rain and fierce winds. It hit Aurora as a super typhoon on November 9, then weakened to a typhoon the following day as it barreled over Northern Luzon’s rugged mountains.
It tore through the country, forcing 1.4 million people to flee their homes and upending the lives of 3.6 million across 16 regions and 66 provinces. Officials reported 27 dead, roads and bridges damaged, and schools and workplaces shuttered as communities struggled to cope with the storm’s aftermath.
“The Kiling Festival, inspired by the bird whose call once meant safety after storms, holds greater meaning for us now,” he told residents during his festival message. “We were tested again. But like the kiling, Kabayan rose.”
“After every storm, there is renewal. After every hardship, a call toward progress. And after every challenge, Kabayan stands as one…. May our children inherit not only the memory of this festival but the love for our heritage,” he added. – Rappler.com
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BitcoinEthereumNews2025/09/18 00:09
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Crucial Fed Rate Cut: October Probability Surges to 94%
BitcoinWorld Crucial Fed Rate Cut: October Probability Surges to 94% The financial world is buzzing with a significant development: the probability of a Fed rate cut in October has just seen a dramatic increase. This isn’t just a minor shift; it’s a monumental change that could ripple through global markets, including the dynamic cryptocurrency space. For anyone tracking economic indicators and their impact on investments, this update from the U.S. interest rate futures market is absolutely crucial. What Just Happened? Unpacking the FOMC Statement’s Impact Following the latest Federal Open Market Committee (FOMC) statement, market sentiment has decisively shifted. Before the announcement, the U.S. interest rate futures market had priced in a 71.6% chance of an October rate cut. However, after the statement, this figure surged to an astounding 94%. This jump indicates that traders and analysts are now overwhelmingly confident that the Federal Reserve will lower interest rates next month. Such a high probability suggests a strong consensus emerging from the Fed’s latest communications and economic outlook. A Fed rate cut typically means cheaper borrowing costs for businesses and consumers, which can stimulate economic activity. But what does this really signify for investors, especially those in the digital asset realm? Why is a Fed Rate Cut So Significant for Markets? When the Federal Reserve adjusts interest rates, it sends powerful signals across the entire financial ecosystem. A rate cut generally implies a more accommodative monetary policy, often enacted to boost economic growth or combat deflationary pressures. Impact on Traditional Markets: Stocks: Lower interest rates can make borrowing cheaper for companies, potentially boosting earnings and making stocks more attractive compared to bonds. Bonds: Existing bonds with higher yields might become more valuable, but new bonds will likely offer lower returns. Dollar Strength: A rate cut can weaken the U.S. dollar, making exports cheaper and potentially benefiting multinational corporations. Potential for Cryptocurrency Markets: The cryptocurrency market, while often seen as uncorrelated, can still react significantly to macro-economic shifts. A Fed rate cut could be interpreted as: Increased Risk Appetite: With traditional investments offering lower returns, investors might seek higher-yielding or more volatile assets like cryptocurrencies. Inflation Hedge Narrative: If rate cuts are perceived as a precursor to inflation, assets like Bitcoin, often dubbed “digital gold,” could gain traction as an inflation hedge. Liquidity Influx: A more accommodative monetary environment generally means more liquidity in the financial system, some of which could flow into digital assets. Looking Ahead: What Could This Mean for Your Portfolio? While the 94% probability for a Fed rate cut in October is compelling, it’s essential to consider the nuances. Market probabilities can shift, and the Fed’s ultimate decision will depend on incoming economic data. Actionable Insights: Stay Informed: Continue to monitor economic reports, inflation data, and future Fed statements. Diversify: A diversified portfolio can help mitigate risks associated with sudden market shifts. Assess Risk Tolerance: Understand how a potential rate cut might affect your specific investments and adjust your strategy accordingly. This increased likelihood of a Fed rate cut presents both opportunities and challenges. It underscores the interconnectedness of traditional finance and the emerging digital asset space. Investors should remain vigilant and prepared for potential volatility. The financial landscape is always evolving, and the significant surge in the probability of an October Fed rate cut is a clear signal of impending change. From stimulating economic growth to potentially fueling interest in digital assets, the implications are vast. Staying informed and strategically positioned will be key as we approach this crucial decision point. The market is now almost certain of a rate cut, and understanding its potential ripple effects is paramount for every investor. Frequently Asked Questions (FAQs) Q1: What is the Federal Open Market Committee (FOMC)? A1: The FOMC is the monetary policymaking body of the Federal Reserve System. It sets the federal funds rate, which influences other interest rates and economic conditions. Q2: How does a Fed rate cut impact the U.S. dollar? A2: A rate cut typically makes the U.S. dollar less attractive to foreign investors seeking higher returns, potentially leading to a weakening of the dollar against other currencies. Q3: Why might a Fed rate cut be good for cryptocurrency? A3: Lower interest rates can reduce the appeal of traditional investments, encouraging investors to seek higher returns in alternative assets like cryptocurrencies. It can also be seen as a sign of increased liquidity or potential inflation, benefiting assets like Bitcoin. Q4: Is a 94% probability a guarantee of a rate cut? A4: While a 94% probability is very high, it is not a guarantee. Market probabilities reflect current sentiment and data, but the Federal Reserve’s final decision will depend on all available economic information leading up to their meeting. Q5: What should investors do in response to this news? A5: Investors should stay informed about economic developments, review their portfolio diversification, and assess their risk tolerance. Consider how potential changes in interest rates might affect different asset classes and adjust strategies as needed. Did you find this analysis helpful? Share this article with your network to keep others informed about the potential impact of the upcoming Fed rate cut and its implications for the financial markets! To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action. This post Crucial Fed Rate Cut: October Probability Surges to 94% first appeared on BitcoinWorld.
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Coinstats2025/09/18 02:25