BSP’s rate-cut run may stretch into 2026

The Bangko Sentral ng Pilipinas (BSP) may keep its easing cycle alive well into next year, hoping to jolt an economy weighed down by weak business sentiment and sluggish public spending—local pressures that have begun to eclipse external risks. Miguel Chanco, chief emerging Asia economist at London-based Pantheon Macroeconomics, called last week’s surprise quarter-point rate Continue reading BSP’s rate-cut run may stretch into 2026

Manchester councillors demand flags in UK town are ‘taken down without delay’

During a council meeting this week, two Greater Manchester councillors asked for flags to be removed from lamp-posts after a number of residents expressed concerns about them. Continue reading Manchester councillors demand flags in UK town are ‘taken down without delay’

Politics turning parochial

T he war of words between some Pakistan Muslim League-Nawaz leaders and the Pakistan Peoples Party leadership is no longer confined to the two coalition allies. Showing a low tolerance threshold for each other, both have indulged into harsh exchanges after the PPP insisted on using the. Continue reading Politics turning parochial