Marcos renews pitch for nuclear energy

Inquirer.net - Oct 12, 2026

SINGAPORE — President Ferdinand Marcos Jr. on Saturday pitched for nuclear energy anew, saying Filipinos are becoming more concerned about access to cheaper electricity than the source of energy. The president talked about the need for cheaper power sources amid the Energy Regulatory Commission’s announcement on Saturday that it had approved Meralco’s new average distribution

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Oct 12, 2026

Policymakers take on energy shock, rising debt at IMF-World Bank meetings

BANGKOK — Finance ministers and central bankers meet in Bangkok this week for the annual gatherings of the International Monetary Fund (IMF) and World Bank, with the global economy buffeted between the U.S.-Iran war's energy shock, rising debt pressures and the AI boom. The meetings run from Monday through Saturday in the Thai capital, and will see policymakers tackle some stark choices, with the IMF calling on governments to rein in spending even as vulnerable citizens' needs may be growing in the face of surging inflation and climate risks. The week will see a combination of high-level closed-door meetings, public events and policy announcements from the world's top economic officials. On Tuesday, the IMF will unveil its global economic forecast, along with detailed regional outlooks through the week, as policymakers set about tackling the challenges darkening the economic horizon. "To put it simply, the global economy is being pulled in two opposite directions: a negative energy supply shock and a positive demand shock from AI," said IMF chief Kristalina Georgieva at an event kickin

Oct 12, 2026

Iran calls latest US response to proposal insufficient, other Mideast developments

A senior Iranian official says Tehran finds the latest U.S. response to a proposal to end the war “insufficient" and warns of attacks on regional data centers and cables if fighting intensifies again. Meanwhile, Israel’s former attorney general took the witness stand in corruption cases against Benjamin Netanyahu, as the political future of the country's longest-serving prime minister hangs in the balance with elections weeks away. Iran says latest US response is ‘insufficient’ The head of Iran’s Supreme National Security Council says Tehran finds the latest response from the United States “insufficient” as efforts at negotiations to end the war and fully open the Strait of Hormuz limp along. The comments by Mohsen Rezaei, a former Revolutionary Guard commander, were carried by Iran’s state-run IRNA news agency. Rezaei added that Iran is no longer responding to the U.S. and said Washington must clarify certain issues, without giving details. He said the U.S. has accepted some of the seven conditions but others remain unclear. Iran’s delegation to the annual U.N. gathering

Oct 12, 2026

139 migrants, including children, die after boat capsizes off Djibouti

GENEVA — At least 139 people, including children, have died after a boat carrying more than 300 migrants capsized off the coast of Djibouti in east Africa, the International Organization for Migration said Sunday. That number only includes those buried by authorities in Djibouti. Others have been buried by the migrants themselves but they won't be added to the official count until authorities can verify the bodies, Alexandre Coissac, IOM Chief of Mission in Djibouti, told the AP via the phone. “What is terrible is that they were buried with no names, in a common grave, like in a war situation,” Coissac said. “They all have a mother, a father, and we may never learn what happened.” Coissac said the migrants boarded the ship in the evening of Oct. 8 and that it sank very soon after, close to the shore, “mainly because it was overcrowded.” “The local authorities did their best,” Coissac said, “but they were overwhelmed with all the bodies that kept coming at once towards the shore.” He said authorities were bringing the surviving migrants to the IOM rescue center in Obo

Oct 12, 2026

Riyadh airport hit by fresh Houthi strike day after deadly attack

RIYADH, Saudi Arabia — A fresh Houthi strike hit Riyadh’s international airport on Sunday, a day after an attack claimed by the Yemeni group killed at least a dozen people and forced authorities to suspend operations there. Saturday’s attack, the deadliest on Saudi soil in more than a decade, was a sharp escalation in the

McKinsey strips partner of leadership role over LinkedIn posts on challenges faced by women in the workplace

Oct 12, 2026

Marcos renews pitch for nuclear energy

More News

Policymakers take on energy shock, rising debt at IMF-World Bank meetings

Iran calls latest US response to proposal insufficient, other Mideast developments

139 migrants, including children, die after boat capsizes off Djibouti

Riyadh airport hit by fresh Houthi strike day after deadly attack

McKinsey strips partner of leadership role over LinkedIn posts on challenges faced by women in the workplace

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