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'It's a Big Moment for Japan': Fed's Bullard:

Silver Lining to Philippine Disaster? A Rebel Truce

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Published: Tuesday, 11 Dec 2012 | 10:04 PM ET
By: Patrick Winn
AFP | Getty Images

There is little to celebrate about a horrific typhoon that took the lives of nearly 650 Filipinos and ruined more than $200 million worth of crops. The storm, known as Bopha, has devastated the Philippines in a year already stricken with destructive monsoons.

(Read More: Philippines Backs Rearming of Japan)

But at least the storm has convinced the island nation's communist rebels, the New People's Army, to suspend its strikes while damaged regions recover. As the Manila-based GMA outlet reports, the Maoists, whose struggle has left more than 40,000 dead, have offered a truce in the storm's wake.

(Read More:From Imelda's Shoes to Hot Dogs: a Shift in the Philippines)

This disaster won't reverse the rebels' ideological stance. Nor will it resolve the fundamental problems the fuel their decades-running insurgency.

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But history has shown us that extreme weather events can sometimes be parlayed into peace - or at least open the door to improved negotiations. In Islamic Aceh, wracked by rebellion for decades, the 2004 Indian Ocean tsunami played an invaluable role in pushing the rebels and the Indonesian military to draw down their bloody conflict.

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Here's the silver lining to the Philippines' horrific typhoon Bopha: Maoist rebels have offered a truce in the storm's wake.

   
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