Philippine cities' GDP contributions are reported while the Middle East crisis causes economic headwinds.
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What happened
Philippine cities' GDP contributions are reported while the Middle East crisis causes economic headwinds.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Tensions in the region are affecting market sentiment, with activity being reported from the capital city of the Philippines.Also in this story
- Airlines operating in major hubs are seeking fee waivers amid a geopolitical crisis that has driven up oil prices.
- Philippine cement manufacturers report that demand is affected by Public Works spending and the ongoing crisis in the Middle East.
- Geopolitical instability affects oil prices and remittance flows, leading to discussions on free trade agreements and infrastructure spending.
- Re-escalation reported in the Middle East conflict.
The entities involved
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Manila
capital city of the Philippines
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Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran