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Introduction: Senator Risa Hontiveros has raised concerns about the recent presidential certification of the Maharlika Investment Fund (MIF) bill as urgent. Hontiveros has questioned the justifications provided for its immediate passage, stating that the arguments put forth are “too convoluted and vague.”…
Introduction: Kai Sotto, the promising Filipino basketball prodigy, has signed a contract extension with the Hiroshima team in the Japan B.League. The news was confirmed by Hiroshima general manager Shuji Okazaki, who also revealed that Sotto has the option to opt out…
Introduction: Exciting news for Taylor Swift fans! The renowned singer-songwriter has announced the long-awaited release date for her re-recorded version of the highly acclaimed album, ‘Speak Now.’ Swift, who has been diligently re-recording her earlier music catalog, shared the exciting update during…
Introduction: In recent discussions within the Federal Reserve, murmurs have been growing about the possibility of revisiting the 2% inflation target. While any potential changes remain distant and uncertain, several regional Federal Reserve presidents have expressed a willingness to examine whether the…
Introduction The Philippines is set to refocus its attention on economic development following the World Health Organization’s (WHO) declaration of the end of the COVID-19 emergency. President Marcos expressed his optimism about the new phase, highlighting the lessons learned during the pandemic…
Introduction The World Bank has reaffirmed its commitment to supporting the development efforts of the Philippines. Anna Bjerde, the managing director for operations of the World Bank, concluded a two-day visit to the country and conveyed the institution’s dedication to assisting the…
Introduction Despite facing unprecedented Western sanctions and being shut out of much of the global economy due to its actions in Ukraine, Russia has found a valuable economic ally in China. The two nations have strengthened their trade relations, with Russia predicting…
Introduction Meta Platforms Inc., the parent company of Facebook, recently carried out the final phase of its three-part round of layoffs, resulting in job cuts across various business and operations units. This move is part of Meta’s previously announced plan in March…
Introduction The Biden administration expressed optimism on Wednesday, stating that it still sees a potential path to reaching a deal with Republicans to avert a “catastrophic” US debt default. Negotiators from both parties gathered at the White House, moving the talks from…
Introduction The Department of Budget and Management (DBM) has recently announced the approval of a significant budget allocation of P25.16 billion to provide health insurance coverage for 8.3 million qualified and enrolled Filipino indigents. This move highlights the government’s commitment to ensuring…