The Philippines’ rise to upper-middle-income status was supposed to mark a new phase for one of Southeast Asia’s most closely watched emerging economies. Instead, analysts say the milestone has done little to shield the country from short-term pressures weighing on growth: sluggish public spending, delayed infrastructure, high living costs and the fallout from investigations into alleged irregularities in flood control projects. Those strains have left the Philippines looking like a regional...
Upgraded but underperforming: Philippines’ growth lags behind
High living costs and delayed public works drag growth projections down far behind regional front runners
Instead, analysts say the milestone has done little to shield the country from short-term pressures weighing on growth: sluggish public spending, delayed infrastructure, high living costs and the fallout from investigations into alleged irregularities in flood control projects.
Maria Zakharova commented on Vladimir Zelensky's threats to make the Russian airspace dangerous for passenger flights through the massive use of drones
Mainland China’s stock exchanges have stepped up lobbying of companies and regulators to prioritise domestic listings after Hong Kong stole their thunder in fundraising activities in recent years, according to two sources familiar with the matter. The domestic exchanges recently met representatives of some mainland companies planning Hong Kong listings, especially first-time issuers and firms in sectors supported by national policies, a source said. “Exchanges emphasised the benefits of listing.
Europe faces a fourth-quarter jet fuel deficit, even as it turns to far-flung suppliers including South Korea, which is set to boost its jet exports to Europe to a four-year high in September, according to analysts and shipping data. The continent has been importing more jet fuel from nations including Nigeria, the United States and Canada since the outbreak of the Iran war over half a year ago, which hit Middle Eastern supplies and cut off around half of Europe’s jet imports. Europe remains...
For a decade, the United Nations’s most visible role in the Sahel was its peacekeeping mission in Mali. The United Nations Multidimensional Integrated Stabilization Mission in Mali (MINUSMA) was established by the Security Council in 2013. Its mandate was terminated in June 2023 at the request of Mali’s transitional government, and the mission completed its…
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Die frühere Regierende Bürgermeisterin Giffey wird dem neuen Abgeordnetenhaus nicht mehr angehören. In der aktuellen Hochrechnung fällt das BSW unter die Fünf-Prozent-Hürde - Schwarz-Grün-Rot wäre wieder möglich.