The Middle East conflict has led to oil shocks, while a commission is concurrently investigating systemic corruption issues in the Philippines.

The entities involved

• Middle East →

  geopolitical region encompassing Egypt and most of Western Asia, including Iran

  • The war in the Middle East has hammered the New Zealand economy, occurring while Christopher Luxon leads the ruling coalition.Sat 01:25
  • Sappi is facing operational challenges due to the ongoing geopolitical conflict in the Middle East, which is driving up petrochemical costs and market risks.Fri 23:57
• Philippines →

  archipelagic country in Southeast Asia

  • The US imposes new tariffs on imports originating from the Philippines.Fri 18:40
  • The Department of Health and Social Care is implementing the Universal Health Care program in the Philippines. Edwin Mercado was appointed Health Secretary of DOH, while Beverly Lorraine Ho holds leadership roles at PhilHealth and Ayala Healthcare.Fri 18:20
• Presidential Commission on Good Government →

  Independent government agency

  Nothing else this week.

Related events

• Conflict in the Middle East involving Iran is affecting global oil prices.Jul 26
• Middle East hostilities increase oil price volatility, while the Philippines aids Taiwan's semiconductor supply chain and BSP monitors domestic banking health.Sep 23
• Geopolitical conflicts in the Middle East are causing energy volatility and impacting APEC economies.Oct 31
• The Middle East conflict is causing oil price increases and inflation, leading central banks to manage policy amid global pressures.Jun 17
• US-Iran conflict resolution eased escalation concerns, causing global oil prices to drop and affecting Metro Manila fuel costs.Fri 10:21