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Pacquiao wants China peace panel if elected Philippine president

  Bloomberg Philippine boxer-turned-presidential candidate Manny Pacquiao said he will form a “peace panel” that will negotiate with Beijing on the South China Sea dispute if elected to the top post, while also deepening defense ties with the US. “Our goal is to be a friend to all nations,” Pacquiao said at a virtual forum. The senator said that while ...

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Ukraine president targets oligarchs amid Russia crisis

  Bloomberg While Ukrainian President Volodymyr Zelenskiy has downplayed the likelihood of a large-scale invasion as Russia masses troops near the border, he is targeting what he sees as another threat to his country’s sovereignty: oligarchs. The president in a national address slammed unidentified businesspeople for fleeing the country in the face of a US warning of a potential imminent ...

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UK inflation overshoot adds to brutal cost of living squeeze

  Bloomberg UK inflation unexpectedly accelerated for a fourth straight month in January, a surprise that highlights a brutal cost-of-living crisis that’s only set to worsen this year. Annual price growth rises to 5.5 percent, a new 30-year high, driven by clothing and footwear, the Office for National Statistics said on Wednesday. Both economists and the Bank of England had ...

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