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John Stanmeyer for TIME.  | click here for audio |

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Gloria Macapagal Arroyo addresses jubilant supporters after being sworn in as the country's new President. The diminutive ecomonist has already lived in the presidential palace -- her father was former President Diosdado Macapagal (1961- 65) -- but this time round she will be running the show.

ALSO
People Power—the Sequel

Abandoned by even his closest allies, President Joseph Estrada gives in to the chanting crowds on the streets of Manila and agrees to make room for his Vice President


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