Under the new Philippine president, what’s next for the economy? | Business and Economy

From: counting the cost

Ferdinand Marcos Jr won the presidential election, but there are challenges to achieving a robust economic recovery.

The Philippines has been hit by the pandemic and a deep recession. Now, after more than two years of lockdowns, people are returning to their everyday lives and the economy is expected to outpace its neighbors.

But there are serious challenges to achieving a robust recovery: inflation is rising and government debt is high. Thus, all eyes are now on the economic policies of the new president Ferdinand Marcos Jr.

Also, can the US Federal Reserve project a soft landing for the economy?

Additionally, Andy Warhol’s iconic Marilyn Monroe painting sells for a record $195 million.

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