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5.0-Magnitude Earthquake Hits Philippines

Aras-asan: An earthquake measuring 5.0 on the Richter scale hit the city of Aras-asan in northeastern Philippines on Thursday.

According to Qatar News Agency, the US Geological Survey reported that the epicenter was located 26 km from Caraga city, at a depth of 10 km. The Philippines is prone to volcanic and seismic activity due to its location along the Pacific Ring of Fire, where tectonic plates meet.

A major earthquake measuring 7.1 on the Richter scale struck the Philippines in October 2013, killing more than 220 people.

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Gold Prices Climb by One Percent Amid Declining Oil Prices

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According to Qatar News …