Here are today’s headlines – the latest news in the Philippines and around the world:
A Rappler investigation finds, Justice Undersecretary Jose ‘Jojo’ Cadiz Jr., a trusted aide of President Ferdinand Marcos Jr., is closely linked to a construction firm that has won more than P200 million worth of infrastructure projects in Ilocos Norte in just the last two years.
The Independent Commission for Infrastructure recommends criminal and administrative complaints against former senator Bong Revilla, Maynard Ngu, and eight others.
Advocacy groups warn, corruption may hinder the Philippines from achieving its increased targets in cutting greenhouse gas emissions.
ABS-CBN confirms rumors that TV5 plans to terminate their content supply agreement, due to financial problems.
California-based doctor Salvador Plasencia is sentenced to two and a half years in prison for illegally supplying Friends star Matthew Perry with ketamine. —Rappler.com



Market participants are eagerly anticipating at least a 25 basis point (BPS) interest rate cut from the Federal Reserve on Wednesday. The Federal Reserve, the central bank of the United States, is expected to begin slashing interest rates on Wednesday, with analysts expecting a 25 basis point (BPS) cut and a boost to risk asset prices in the long term.Crypto prices are strongly correlated with liquidity cycles, Coin Bureau founder and market analyst Nic Puckrin said. However, while lower interest rates tend to raise asset prices long-term, Puckrin warned of a short-term price correction. “The main risk is that the move is already priced in, Puckrin said, adding, “hope is high and there’s a big chance of a ‘sell the news’ pullback. When that happens, speculative corners, memecoins in particular, are most vulnerable.”Read more