Economics
Hopes High, Returns Low in Philippine Stocks Under Duterte
- Philippine equities gained 0.2% since Duterte assumed office
- Optimism spurred by infrastructure build-up, consumer spending
The Philippines' Bloody Drug War Rages On
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It’s going to take a lot more than some dirty words and militant attacks for investors to abandon hope in Rodrigo Duterte.
In his first year in office, the Philippine president ordered a drug war that killed thousands, cursed out former U.S. president Barack Obama, backed the arrest of a top critic and had a major city overtaken by Islamic State.