PBBM approves import of 150k tons of sugar

Ahead of an expected shortage by August this year, the government has approved the importation of sugar to stabilize its supply — and is considering a similar move for onions to bring down prices. President Ferdinand R. Marcos Jr. approved on Monday the additional importation of up to 150,000 metric …

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Biden ‘optimistic’ on debt talks

OPTIMISTIC President Joe Biden goes biking in Gordons Pond State Park in Rehoboth Beach, Del., on Sunday, May 14, 2023. Biden says he and the Congressional Republicans would come to agreement in increasing the US debt limit to avert a default. AP PHOTO REHOBOTH BEACH Del.: US President Joe Biden …

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G-7 finance chiefs vow to contain inflation

IN AGREEMENT Group of Seven (G7) finance ministers and central bank governors attend a group photo session ahead of their meeting in Niigata, Japan, on Friday, May 12, 2023. From top left to right, Secretary-General of the Organization for Economic Cooperation and Development (OECD) Mathias Cormann, President of the Eurogroup …

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