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Base effect-driven rebound expected in Q2; recovery path uncertain — poll

Base effect-driven rebound expected in Q2; recovery path uncertain — poll
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Duterte Set to Push Congress on Virus Recovery, Successor

U.K. Banks Prepared for Negative Rates in Case Recovery Crumbles U.S. Labor Shortages, Price Pressures to Continue, Survey Shows Chinese Tutoring Firms Extend Plunge as Beijing Cracks Down Evergrande’s Special Dividend Has Investors Searching for Clues ‘Freak Out’ Factor, China Cools, Yellen on Default Risk: Eco Day Oil Edges Higher After Weekly Gain as Investors Assess Demand Stocks Eye Mixed Start as China Tempers U.S. Boost: Markets Wrap China’s Ongoing Recovery Showed Signs of Weakness in July Duterte Set to Push Congress on Virus Recovery, Successor Aussie-Loving Hedge Funds Face Inflation Risk as Currency Slips

Philippines: Duterte set to push Congress on COVID-19 recovery, successor

Philippine President Rodrigo Duterte is poised to capitalize on his popularity to push for pandemic recovery measures that could bolster his candidate in next year s election. In his last annual address to Congress on Monday, Duterte is expected to urge lawmakers to pass bills to complete his tax agenda. Legislators will await Duterte s directives on any further stimulus for pandemic recovery and on pending revenue bills, including proposed taxes on online casinos, House ways and means committee chairperson Joey Salceda said. Senators will prioritize measures to further open the economy to foreign investors, Senate President Vicente Sotto said at a briefing Monday. Meanwhile, the House will focus on next year s budget that will aid in the nation s pandemic fight, Speaker Lord Allan Velasco said in a speech.

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