The Manila Times delivers its news stories for Saturday, January 18, 2025, covering a range of topics including President Marcos Jr.'s address on the 2025 budget, US Senator Marco Rubio's warning to China, the declaration of a food security emergency in the Philippines, the Iglesia ni Cristo rally, a petition to disbar former President Duterte, the World Bank's economic outlook, and Hidilyn Diaz's induction into the Philippine Sportswriters Association Hall of Fame.
The Manila Times delivers its news stories for Saturday, January 18, 2025. President Ferdinand Marcos Jr. addresses the nation regarding the 2025 budget, describing it as 'suboptimal' and outlining plans to restore cuts in essential sectors like education, health, and tourism. Marcos emphasizes the government's commitment to securing funding for these critical areas.
Meanwhile, US Senator Marco Rubio, President-elect Donald Trump's nominee for State Department Secretary, warns China against further actions that destabilize the region, specifically mentioning the Philippines and Taiwan. Rubio urges China to refrain from any rash or irrational moves concerning these nations and advocates for stability in US-China relations.Turning to domestic issues, President Marcos Jr. expresses his support for declaring a food security emergency to mitigate the soaring prices of rice in the country. He acknowledges the recommendation aims to address the urgent need to bring down rice prices and ensure food security for the Filipino people.President Marcos Jr. also weighs in on the recent Iglesia ni Cristo (INC) rally, agreeing with Chief Presidential Legal Counsel Juan Ponce Enrile that the massive gathering opposing calls to impeach Vice President Sara Duterte could set a detrimental precedent. Adding to the political landscape, human rights group Karapatan, alongside families of victims of extrajudicial killings, files a petition with the Supreme Court seeking to disbar former President Rodrigo Duterte. The petitioners accuse Duterte of gross violations of the Code of Professional Responsibility and Accountability, citing his actions as detrimental to human rights and the rule of law.In the business sector, the World Bank expresses concerns over the global economic outlook, predicting low growth rates for both 2025 and 2026. The report highlights the insufficient pace of growth for sustained economic development, particularly impacting developing countries like the Philippines. The World Bank projects global growth to remain steady at 2.7 percent in 2025 and 2026, while developing economies are expected to collectively grow by 4.1 percent in 2025, slowing to 4.0 percent in 2026.Finally, in the realm of sports, Hidilyn Diaz, the Philippines' first Olympic gold medalist, is honored by the Philippine Sportswriters Association (PSA) with enshrinement in the PSA Hall of Fame. Diaz's achievements and contributions to Philippine sports are recognized and celebrated
PHILIPPINES MARCOS JR. BUDGET CHINA RUBIO FOOD SECURITY INC DUTERTE WORLD BANK ECONOMY SPORTS DIAZ
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