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#corruptionscandal — Public Fediverse posts

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  1. AMRO Slashes 2026 Philippines GDP Growth Forecast

    The Philippines, which is currently the host of the ASEAN Summit and is also one of the economic weaklings of Southeast Asia, is predicted by ASEAN+3 Macroeconomic Research Office (AMRO) to have slower gross domestic product (GDP) growth this year, according to a news report by BusinessWorld.

    To put things in perspective, posted below is an excerpt from the news report of BusinessWorld. Some parts in boldface…

    THE Philippine economy may continue to grow below its potential through 2027 as persistent energy shocks and weak investment weigh on activity, the ASEAN+3 Macroeconomic Research Office (AMRO) said.

    In its latest ASEAN+3 Regional Economic Outlook, AMRO slashed its Philippine gross domestic product (GDP) growth projections for this year to 3.3% from its July estimate of 4.1% and for 2027 to 4.6% from 5.5%.

    Both forecasts are below the National Government’s growth targets of 3.5%-4.5% for 2026 and 5%-6% for 2027.

    AMRO also trimmed its inflation forecast for this year to 5.6% from 5.7% previously but raised it for next year to 4.6% from 4.1% previously.

    If realized, inflation will accelerate from the 1.7% clip last year and breach the central bank’s 3% target for two consecutive years.

    At a press briefing on Monday, AMRO Chief Economist Dong He noted that the Middle East war-driven energy shock took a heavy toll on the Philippine economy, significantly slowing growth while fueling inflation.

    “The Philippines is one of the economies that was hit harder by the energy shock,” he said. “As you recall, when the Middle East conflict took place, the government took very swift action and they introduced a national emergency. So that, I think, helped the country galvanize towards responses towards this big energy shock.”

    “But of course, growth did slow down significantly and the inflation went up very quickly,” Mr. He added.

    The AMRO chief economist also noted that the Philippine economy continues to be weighed down by an investment slump following the flood control corruption scandal which broke out last year.

    “Now, the Philippines also have some domestic issues that they need to deal with,” Mr. He said. “Remember, there was this flood control-related issue and that significantly slowed down public investment.”

    “So, the growth outlook is very dependent on how fast public investment and construction related activities can pick up,” he added.

    Let me end this post by asking you readers: What is your reaction to this recent development? Do you think there really is not much the government can do to boost economic growth this year? What is your opinion about the way the current economic managers of the Philippines are handling economic matters? Would you be surprised to see the Philippine economy fall into a recession in the first half of 2028?

    You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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    #ASEAN #ASEANSummit #ASEAN3MacroeconomicResearchOfficeAMRO #Asia #AssociationOfSoutheastAsianNationsASEAN #BongbongMarcos #business #businessNews #BusinessWorld #CarloCarrasco #corruption #corruptionInThePhilippines #corruptionScandal #economicGrowth #economics #economy #EconomyOfThePhilippines #finance #financialGrowth #floodControl #floodControlProjects #floodControlScandal #foreignInvestors #GDP #GDPGrowth #grossDomesticProductGDP #growth #growthForecast #investments #investors #jobs #Marcos #money #news #Philippines #Pinoy #PinoyBlog #PresidentMarcos #scandal #SoutheastAsia #WordPress #WordPressCom
  2. Ukraine’s top prosecutor leaves country, accuses rivals of corruption

    Ukrainian Prosecutor General Ruslan Kravchenko left the country overnight, media reported, just a few days after submitting his…
    #Ukraine #UA #Europe #Europa #EU #News #anti-corruption #Corruption #corruptionscandal #plenarysession #Prosecutor #RuslanKravchenko #Ukrainianparliament #VolodymyrZelensky
    europesays.com/ukraine/41743/

  3. Thursday, May 7, 2026

    Trump doesn't speak for America on Ukraine, congressman say -- Ukrainian drones reportedly strike Russian military logistics facility in Moscow Oblast -- Russia plans to expand exploitation of resources in Ukraine's occupied territories -- Kyiv rejects Russia's 'Victory Day' truce after Moscow violates ceasefire ... and more

    activitypub.writeworks.uk/2026

  4. Saturday, February 28, 2026

    We've overestimated Russia for too long -- Ukraine's Flamingo manufacturer unveils new FP-7 ballistic missile in launch test video -- US lifts sanctions on Malian officials linked to Russian Wagner Group -- Flamingo threat triggers unprecedented missile alert across Russia ... and more

    activitypub.writeworks.uk/2026

  5. Philippines seeks extradition treaty with Portugal over Zaldy Co

    Jean Mangaluz – Philstar.com January 13, 2026 | 1:27pm MANILA, Philippines — President Ferdinand Marcos Jr. has ordered…
    #Portugal #PT #Europe #Europa #EU #corruptionscandal #dilg #jonvicremulla #noticias #portugal #zaldyco
    europesays.com/2699719/

  6. Saturday, January 3. 2026

    Russia may be preparing large-scale provocation with human casualties -- A cult of death: Former Soviet dissident on Russia and authoritarianism's global rise -- [Vlog] Inside the fight for Ukraine's river islands -- How Ukraine's military intelligence faked the death of Denis Kapustin, a Russian commander fighting for Kyiv ... and more

    activitypub.writeworks.uk/2026

  7. Bê bối tham nhũng tại Ukraine đang gây sức ép lên Tổng thống Volodymyr Zelensky, buộc ông phải cân nhắc tham gia đàm phán hòa bình theo yêu cầu từ Mỹ. Các quan chức EU cho rằng vấn đề nội bộ này làm suy yếu niềm tin vào chính quyền Ukraine và ảnh hưởng đến sự hỗ trợ quốc tế.
    #Ukraine #Zelensky #ThamNhũng #HòaĐàm #EU #Mỹ #InternationalNews #ChốngThamNhũng #XungĐộtNgaUkraine
    #EU #CorruptionScandal #PeaceTalks #VolodymyrZelensky #WorldNews #UkraineWar #USPolicy

    vietnamnet.vn/eu-noi-be-

  8. Bê bối tham nhũng của cựu Cao ủy Chính sách đối ngoại EU Federica Mogherini đang đe dọa đến vị trí của Chủ tịch Ủy ban châu Âu Ursula von der Leyen. Cuộc điều tra này có thể khiến nữ lãnh đạo EU đối mặt nguy cơ mất chức.

    #EU #LiênMinhChâuÂu #ThamNhũng #UrsulaVonDerLeyen #FedericaMogherini #ChâuÂu #ChínhTrị #Scandal #EUPolitics #CorruptionScandal

    vietnamnet.vn/nu-lanh-dao-eu-n

  9. Zelensky under pressure to fire chief of staff over ‘Golden toilet scandal’

    Volodymyr Zelensky is under mounting pressure to fire Andriy Yermak, his chief of staff, amid a corruption scandal…
    #NewsBeep #News #Headlines #AndriyYermak #CorruptionScandal #energysector #goldentoilet #MrZelensky #Nabu #TimurMindich #Ukraine #VolodymyrZelensky #World
    newsbeep.com/262937/

  10. Wednesday, November 19, 2025

    US holding secret peace talks with Moscow -- Killzone: Devastating scale of Russia's drone terror against civilians laid bare in new report -- Russian troops spotted north of Pokrovsk, military confirms -- TNT shipments to Ukraine at stake as NATO supplies diverted to Israel for Gaza bombardment ... and more

    activitypub.writeworks.uk/2025

  11. Monday, November 17, 2025

    Russian military reportedly executes 2 Ukrainian POWs in Zaporizhzhia Oblast -- Ukraine strikes major oil refinery in Russia’s Samara Oblast, hits elite Rubikon drone base -- Major corruption scandal and Russian deepfakes -- What the fall of Pokrovsk would mean for Ukraine and Russia ... and more

    activitypub.writeworks.uk/2025

  12. 🚨 BREAKING: Chaos erupts in Manila as anti-graft protests swell to 600k+ on day two! Corruption in flood projects exposed, 37 charged—Marcos scrambles. GDP tanks. Fury rises! #PhilippinesProtests #CorruptionScandal #ManilaRally #DnnPress

  13. Sunday, November 16, 2025

    How a trio of power brokers turned Putin's US strategy into a quiet turf war -- Four S-400 launchers and radars hit by SBU drones in Russia's Novorossiysk -- Ukraine confirms withdrawal from Novovasylivske amid Russian advances in Zaporizhzhia Oblast -- Pro-Ukrainian partisans sabotage rail equipment in Russian-occupied Zaporizhzhia Oblast, group claims ... and more

    activitypub.writeworks.uk/2025

  14. Cựu Phó Chủ tịch tỉnh Phú Thọ Hồ Đại Dũng bị đề nghị 4-4,5 năm tù vì chi hơn 7 triệu USD đánh bạc tại khách sạn Pullman. Vụ án gây chấn động với số tiền khổng lồ và chức vụ cao của bị cáo.

    #VietnamNews #Corruption #Gambling #PhuTho #Legal #Justice #TinTức #ThamNhũng #ĐánhBạc #PhápLuật #ViệtNam #News #CorruptionScandal #LegalNews #VietnameseNews

    vtcnews.vn/cuu-pho-chu-tich-ti

  15. Senior Histadrut official arrested in major corruption probe

    A senior Histadrut labor union official was arrested Sunday night along with his wife and additional organization executives,…
    #NewsBeep #News #Headlines #ArnonBar-David #arrests #CorruptionScandal #HistadrutLaborFederation #IL #Israel
    newsbeep.com/225882/

  16. Thomas needs to be removed from office. If rule of law doesn't matter to our courts, we are lost. #clarencethomas #corruptionscandal #ClarenceThomasResign #scotus #supremecourt

    Clarence Thomas Didn’t Disclose Harlan Crow Real Estate Deal — ProPublica
    propublica.org/article/clarenc

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