The Philippine peso will struggle to repeat its strong year-end performance as overseas remittances fade and the nation’s current-account deficit weighs. Money sent home by overseas workers typically drops after the year-end holidays, while the central bank forecast last month that the current-account gap for 2023 will be similar to…
“Without acting on this front, we won’t succeed in solving the climate crisis, because the finest technologies to solve the climate crisis are not sophisticated machines. They are trees, oceans and healthy ecosystems.” Virginijus Sinkevicius, EU commissioner for environment, oceans and fisheries