A member of the House Committee on Appropriations wants to strengthen through legislation government 's protection and assistance mechanism for overseas Filipino Workers (OFWs) during war, disasters, pandemics, and other crises abroad. Nueva Vizcaya lone district Rep. Timothy Joseph “Tim”...
JERUSALEM (AP) — The Israeli military said it launched strikes on Beirut on Sunday targeting Hezbollah infrastructure, despite ongoing efforts to negotiate an end to the U.S.-Iran war. Smoke could be seen rising over the Lebanese capital. The office of Israeli Prime Minister Benjamin Netanyahu...
ISLAMABAD (AP) — The United States and Iran once again appear close to a deal to end the war and open the Strait of Hormuz. Pakistani Prime Minister Shehbaz Sharif said Saturday that a deal aimed at ending the war in the Middle East is closer than ever before and expected to be finalized within...
ISLAMABAD (AP) — Key mediator Pakistan on Saturday said a deal to end the Iran war was closer than ever and U.S. President Donald Trump asserted it would be "signed tomorrow," while Iran made some of its most optimistic statements yet but indicated a bit more time was needed. Trump said the...
Emerging market (EM) Asian currencies continue to bear the brunt of ongoing geopolitical rifts, with the peso suffering the deepest decline among the region’s energy-importing economies since conflicts in the Middle East flared up nearly four months ago. According to a report published last...
The Asian Development Bank (ADB) is mobilizing $4 billion in financing to help its developing member countries (DMCs) cope with the economic fallout from the ongoing war in the Middle East, with the Philippines among those seeking assistance as higher fuel, food, fertilizer, and freight costs...
The Washington-based International Monetary Fund (IMF) said it stands ready to deploy support to the Philippines should it request assistance during the ongoing Middle East war, assuring close engagement with local authorities through surveillance and policy advice. This remained the IMF’s...
The World Bank Group (WBG) has lowered its 2026 growth forecast for the Philippines to 3.7 percent, warning that the ongoing war in the Middle East is weighing heavily on energy-importing economies and threatening to push global growth to its weakest pace since the onset of the Covid-19 pandemic....
WASHINGTON (AP) — President Donald Trump has long been looking for this weekend to be a big one for his presidency. The World Cup returns to the U.S. on Friday for the first time in 32 years after Trump threw himself into winning the bid to co-host the soccer tourney during his first term. He...
DUBAI, United Arab Emirates (AP) — U.S. President Donald Trump said Thursday he had called off new military strikes on Iran, claiming a breakthrough in negotiations to end the war just hours after the American leader threatened to escalate the conflict by seizing control of Iran 's oil...
Amid a prolonged global oil crisis, the Philippines is poised to secure fresh grant and loan financing from bilateral as well as multilateral partners to support power-sector reforms and the transition to more renewable energy (RE) sources. United States (US) aid agency Millennium Challenge Corp....
DUBAI, United Arab Emirates (AP) — The United States launched a second round of airstrikes on Iran into Thursday morning after President Donald Trump warned that Tehran would “pay the price” for stalled negotiations, and Iran responded with strikes targeting Bahrain, Kuwait and Jordan. The...
