Ferdinand Marcos Jr has won the presidency, but challenges remain for a strong economic recovery.
The Philippines has been hit by the pandemic and a severe recession. Now, after more than two years of lockdown, people are returning to their daily lives and the economy is expected to outperform its neighbours.
But achieving a strong recovery faces serious challenges: rising inflation and high government debt. So now all eyes are on the economic policies of the new president, Ferdinand Marcos Jr.
Also, can the Fed design a soft landing for the economy?
Also, Andy Warhol’s iconic Marilyn Monroe painting sold for a record $195 million.