The US government officially shut down early Wednesday after both Republican and Democratic funding bills failed in the Senate, leaving federal agencies without a budget and triggering the suspension of nonessential services.
The country's international investment position (IIP) posted a net external liability of US$68.3 billion as of end-June 2025, according to latest figures from the Bangko Sentral ng Pilipinas (BSP).
A magnitude 6.9 earthquake struck Bogo City in northern Cebu late Tuesday, September 30, shaking a vast stretch of the Philippines from Camarines Sur in Luzon to Davao del Sur in Mindanao, according to the Philippine Institute of Volcanology and Seismology.
Philippine exports in August 2025 rose 4.6 percent year-on-year to USD7.06 billion, led by electronics, gold, and mineral products—offering a bright spot amid weakening global trade.
A partial US government shutdown appears imminent this week as Republicans and Democrats remain at an impasse over budget negotiations, raising the risk of economic disruption just as inflationary pressures and job‑market uncertainty weigh on growth.