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Senator Francis ‘Tol’ N. Tolentino today June 21 asked the incoming leadership of the Department of Budget and Management (DBM) to empower local government units (LGUs) using the ‘Mandanas ruling’ of the Supreme Court in averting the effects of a looming global recession amid the combined effects of the Covid-19 pandemic and the inflation brought by the ongoing Russia-Ukraine conflict.

The ongoing conflict between Russia and Ukraine has caused many industries to take sides, among them is the fashion industry. As the war unfolded last March, many fashion brands like Louis Vuitton, Versace, Isabel Marant, as well as major luxury goods conglomerates have shown their solidarity with Ukraine. Apart from donating to humanitarian organizations, some have also banned their products from being sold in Russia, one of which is Chanel. In response, Russian women are destroying products from the French fashion house and sharing them on social media.

President Duterte revealed that he is set to talk to Chinese President Xi Jinping on April 8, reiterating his worries that the armed conflict in Eastern Europe might spill over to Asia and get the Philippines in the “vortex of a war” in the region.

Cybercriminals now exploit the Russia-Ukraine conflict, using humanitarian aid-themed scams and online petitions for Ukraine to lure victims in the Philippines and the rest of Asia, Globe Telecom Inc. has warned.

The European Union (EU) delegation to the Philippines was heartened by the country’s support for a United Nations (UN) resolution that demands an immediate cessation of hostilities in Ukraine, particularly attacks against civilians.

President Duterte said he decided to allow American forces to use Philippine bases and facilities amid the ongoing armed conflict in Eastern Europe to “get it over with.”

Consumer should brace themselves for further acceleration in prices as the Philippines continues to face inflationary pressures from both food and non-food items, the Department of Finance (DOF) said.

The Philippines and other countries should be on the alert and to observe the possible conflicts in different regions that may arise while the whole world is focused on the armed hostilities between Russia and Ukraine.

The Philippines is “more than prepared” to accept refugees from Ukraine should the ongoing armed conflict in Eastern Europe escalate further, Communication Secretary Martin Andanar said.

Camarines Sur 2nd district Rep. Luis “Lray” Villafuerte says that the full implementation of Alert Level 1 in the entire country can cushion the economy from the impact of the Russia-Ukraine war.

Senator Christopher Lawrence “Bong” Go on Friday, March 11 said he supports proposals for a temporary moratorium on the collection of excise taxes on oil products to help Filipinos cope with the economic shocks as the Russia-Ukraine conflict drives up oil prices across the globe.

Nissan Motor Co., Ltd. is creating a 2.5 million Euros fund to support the humanitarian crisis in Ukraine. The Nissan Cares fund will contribute to wider efforts to support the people of Ukraine as well as helping affected employees and their families.

Senate Minority Leader Franklin Drilon on Wednesday said the next administration is bound to face a “perfect economic storm” with the ongoing record-high budget deficit and high prices of fuel products caused by the crisis between Russia and Ukraine as well as a ballooning debt.

Former world number one Andy Murray said Tuesday he would donate his prize money from tennis tournaments for the rest of the year to UNICEF’s Ukraine appeal.

The looming fuel crisis could have been averted if the Department of Energy (DOE) had the foresight to stabilize oil prices by creating buffer stocks on gasoline and diesel at the onset, presidential aspirant Senator Manny Pacquiao said on Monday.

EJ Obiena dedicates his latest feat to Ukraine, a country that is currently in conflict with Russia.

“We can’t stop the war in Europe, but we can help the country brace for crisis.”

Players draped in Ukraine flags, pledges of aid and placards demanding “No War” and “United in Peace”, international sport turned blue and yellow in support of Ukraine this weekend.