Category: politics
Global stocks see mixed day amid trade angst, Powell comments
NEW YORK, United States — European and US stock markets fell before recovering somewhat as markets weighed trade tensions between Beijing and Washington and digested fresh Federal Reserve commentary. Wall Street indices opened firmly in the red amid the latest back and forth involving the United States and China on trade. But US stocks recovered somewhat
Escudero: P30-M donation from contractor-friend from private fund
MANILA, Philippines — Sen. Francis “Chiz” Escudero merely reiterated in his explanation to the Commission on Elections (Comelec) that he accepted the P30 million donation of a contractor-friend for his Senate campaign in May 2022 because he believed the money was given by the donor in a “personal capacity.” Talking to reporters about Escudero’s affidavit,
Recto: Corruption probe stalls Philippines trek to ‘A’ rating
MANILA, Philippines – The high-profile corruption scandal over state-funded flood control projects has upended the Philippines’ bid for an “A” credit rating this year, Finance Secretary Ralph Recto said, warning that the fallout could hurt economic growth and weigh on the government’s fiscal position. Recto told reporters on Tuesday that, based on recent discussions with
The New York Times
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