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The Department of Transportation (DOTr) announced Tuesday its readiness to roll out fuel subsidies for public utility vehicle (PUV) drivers and operators, in response to sharp oil price hikes triggered by unrest in the Middle East.

The Stratbase Institute has strongly criticized Vice President Sara Duterte for her recent comments on the Marcos administration's foreign policy, particularly regarding the West Philippine Sea. In a statement, the institute said Duterte's remarks align with Beijing's propaganda and dangerously downplay China's repeated violations of Philippine sovereignty.

The Economy and Development (ED) Council, chaired by President Ferdinand R. Marcos Jr., has approved the P27.7-billion Farm-to-Market Bridges Development Program (FMBDP) of the Department of Agriculture that will be financed through official development assistance from the government of France.

President Donald Trump said Saturday that the U.S. had launched strikes on three sites in Iran, backing the ongoing effort of Israel to cripple Tehran’s nuclear program. It is a bold and risky action, aimed at a long-time adversary, and comes after more than a week of Israeli attacks that have targeted the air defenses and missile systems of Iran. Iran has yet to responded publicly, but the US attack raises fears that any retaliation could quickly spiral into a broader regional conflict. The White House said Trump will make a national address on the military action.

Foreign direct investment (FDI) inflows to emerging markets and developing economies (EMDEs) have declined sharply since their 2008 peak, falling from 5 percent of GDP to around 2 percent in recent years, according to a World Bank study. The decline affects nearly 60 percent of EMDEs, including regional players like the Philippines, and threatens progress in infrastructure development, poverty reduction, job creation, and climate action.