As the Philippine peso slips further against the U.S. dollar, recently hovering around ₱59 and projected to weaken to ₱60 or even ₱62 within the year, Filipino consumers are bracing for ripple effects. But while a weaker currency typically rings inflationary alarm bells, data suggests the impact on Philippine inflation might not be as dramatic […]
Read MoreWashington, D.C. | April 30, 2025 – The U.S. Navy just locked in a massive $17.1 billion submarine deal to supercharge its attack fleet, awarding a long-awaited contract modification to General Dynamics Electric Boat (EB) and prime contractor Huntington Ingalls Industries (HII). The mega-contract covers the construction of two new Virginia-class attack submarines, part of […]
Read MoreManila | April 30, 2025 – The Philippines and New Zealand have signed a landmark Status of Visiting Forces Agreement (SOVFA), allowing troops from both countries to operate on each other’s soil, marking a major step in regional defense collaboration. The deal was signed at Malacañang Palace by Philippine Defense Secretary Gilberto Teodoro and New […]
Read MoreWashington, D.C. | May 1, 2025 – The United States and Ukraine have officially signed a long-awaited agreement granting Washington access to Ukraine’s energy and mineral resources, in a move seen as a major step in Kyiv’s post-war recovery. The deal was signed by U.S. Treasury Secretary Scott Bessent and Ukrainian First Deputy Prime Minister […]
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In the UK, nearly 42,000 asylum seekers are waiting for their appeals to be processed, a significant backlog that has led to growing concerns over the country’s immigration system. The delays are exacerbating the financial and emotional strain on applicants, many of whom have been waiting for years. The backlog includes individuals who have already […]
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Hospitals are increasingly turning to artificial intelligence (AI) nurses to help manage patient care, but the shift has faced strong resistance from human nurses. The growing use of AI technology aims to reduce workloads, but it raises concerns about patient safety and job security. AI nurses are being implemented to handle routine tasks, such as […]
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A human rights group has filed a lawsuit to block the deportation of pro-Palestinian protesters under the Trump administration’s new policies. The group claims that the deportations are politically motivated and violate constitutional rights. The protesters were detained during demonstrations in support of Palestinian rights. They face removal despite their claims of facing political persecution. […]
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A Lebanese doctor who arrived in the U.S. on a valid work visa has been detained by the Department of Homeland Security (DHS). The physician was scheduled to begin teaching medicine but was taken into custody upon arrival. DHS officials have not provided a clear explanation for the detention. Immigration authorities cite security protocols as […]
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The U.S. government has deported more than 200 Venezuelans, ignoring a court order requiring their return. The deportations took place under President Donald Trump’s administration, which reinstated strict immigration policies. A federal judge had ruled against the removals, citing legal protections for asylum seekers. However, the administration proceeded with deportations, arguing that these individuals did […]
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Ninety One’s top investment fund is shifting its focus to UAE stocks to protect against global trade disruptions. The move comes as tensions between major economies continue to create uncertainty. Global markets have been volatile due to ongoing trade disputes. Investors are looking for stable alternatives with strong economic fundamentals. The UAE’s stock markets have […]
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