The document discusses a 7.2 magnitude earthquake that struck the central Philippines on a national holiday, severely shaking an estimated 43,000 people. Another earthquake in 1990 in the same fault zone caused $154 million in damage. The earthquake is the strongest to hit the region in 23 years. Relief efforts are underway, with the Philippine Red Cross and IFRC providing essential supplies to at least 10,000 families affected by the disaster.