Philippine peso > 63 per dollar for the first time.
27th record low THIS YEAR.
The Palace blames the Middle East, El Niño and "political noise".
Nobody in Manila says the obvious. Marcos tied the country to Washington's agenda. US bases, US missiles, confrontation with China, its biggest trading partner.
Filipinos pay the bill at the market.
Vassalage is expensive.
'IF NONE COMES, THE AMBASSADOR SHOULD BE DECLARED PERSONA NON GRATA'
Senator Risa Hontiveros urged President Ferdinand Marcos Jr. to demand a formal retraction and apology from Beijing after Chinese Ambassador to the Philippines Jing Quan said China could potentially use force amid escalating tensions in the West Philippine Sea.
In a statement on Friday, Hontiveros said the ambassador should be declared persona non grata if Beijing refuses to retract the remarks and apologize.
"Let it be clear to China that no threat will make us surrender what is rightfully ours. The Philippines has only done what every law-abiding member of the community of nations would do — defend our rights through legal and diplomatic means," she added.