Latest news with #economicgains
Bloomberg
20-05-2025
- Business
- Bloomberg
Turkey Sees ‘Huge' Peace Dividend From End of $1.8 Trillion War
Turkey said it expects to reap 'huge' economic gains from the Kurdish separatist group's decision to stop its 40-year war in the country's southeast. Treasury and Finance Minister Mehmet Simsek said Tuesday that fighting with the militant group Kurdistan Workers' Party, or the PKK, since 1984 cost Turkey around $1.8 trillion.
South China Morning Post
10-05-2025
- Politics
- South China Morning Post
Marcos touts Philippines economic gains ahead of midterm election
Philippine President Ferdinand Marcos Jr. touted economic gains under his government as he made a final pitch for his Senate candidates before the May 12 midterm vote. Advertisement Marcos underscored how the Southeast Asian nation has posted one of the fastest economic expansions in the region, and how his government was able to tame price pressures. He also cited his administration's efforts to fix the country's education and health systems. 'There is still much that needs to be done,' Marcos said during his slate's rally in the capital late on Friday to conclude the campaign period. 'We have united the best Senate candidates to continue our progress, to continue our development.' The president also repeated his pledge to defend Philippine territory, as his government contends with lingering tensions with Beijing in the South China Sea. 'No matter what happens, we will not stop defending the Philippines, even if it is against a very large, foreign, very powerful force. Filipinos do not retreat. We will not retreat,' he said. Marcos and his arch-rival, Vice-President Sara Duterte, have been campaigning furiously ahead of Monday's elections, after the breakdown of the political alliance that brought them to power in 2022. While neither is on the ballot, both want strong showing by their favoured candidates. Philippine Vice-President Sara Duterte holds a press conference at a hospital in Quezon City, Metro Manila, on November 26 last year. On November 26 Duterte denied she was plotting to kill President Ferdinand Marcos, saying recent comments that sparked a government probe only reflected 'consternation' with her one-time ally. Photo: AFP The race for the 12 Senate seats is key, as the chamber's 24 members will help decide Duterte's political fate in her July impeachment trial for alleged misdeeds including a death threat against the president. Duterte denies the charges, and has been pushing a 'DuterTEN' slate of Senate candidates to reduce the chances of her conviction.
Bloomberg
10-05-2025
- Business
- Bloomberg
Marcos Touts Philippine Economic Gains in Last Senate Vote Pitch
Philippine President Ferdinand Marcos Jr. touted economic gains under his government as he made a final pitch for his Senate candidates before the May 12 midterm vote. Marcos underscored how the Southeast Asian nation has posted one of the fastest economic expansions in the region, and how his government was able to tame price pressures. He also cited his administration's efforts to fix the country's education and health systems.
