Marcos Jr.’s White House Trip Highlights Improving U.S.-Philippines Ties |
U.S. President Joe Biden and Philippine President Ferdinand Marcos Jr. will pledge to step up military coordination during Marcos Jr.’s White House visit today, unnamed U.S. officials told Reuters. As part of the plans for increased cooperation, the Biden administration will send the Philippines several new aircraft and patrol vehicles. Later this week, the administration will announce a trade and investment mission (WaPo) to the Philippines, and Marcos Jr. will meet with private sector executives.
In contrast to his predecessor Rodrigo Duterte, Marcos Jr. has sharply accelerated military ties with the United States since taking office in July. Still, he has said the Philippines will not become a “staging post” (Reuters) for military action.
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ASEAN+3 Considers Enlarging Currency-Swap Agreement |
The grouping of countries—members of the Association of Southeast Asian Nations (ASEAN) along with China, Japan, and South Korea—is in talks about expanding a currency swap initiative to better respond to nonfinancial crises such as pandemics and national disasters, Nikkei reported. Envoys plan to meet in South Korea next month to work toward an agreement. This Backgrounder explains ASEAN’s currency-swap arrangement.
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Uzbek Voters Approve Constitutional Overhaul |
The amendments that passed in a referendum yesterday will increase individual and property rights (Nikkei) and could potentially permit President Shavkat Mirziyoyev to remain in power until 2040.
Afghanistan: UN Secretary-General António Guterres is in Doha, Qatar, to host a two-day meeting (UN News) on international engagement in Afghanistan. He will hold discussions on women’s and girls’ rights, terrorism, and drug trafficking, among other issues.
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| Middle East and North Africa |
Jordan Hosts Meeting on Syrian Conflict |
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UN Warns of Humanitarian ‘Breaking Point’ as Fighting Continues in Sudan |
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Ukrainian Official: Attack on Crimea Oil Depot Was Prep for Counteroffensive |
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Candidate of Paraguay’s Conservative Ruling Party Wins Presidential Election |
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Regulators Seize First Republic Bank, Sell It to JPMorgan Chase |
San Francisco–based First Republic Bank had struggled (AP) following the collapses of Silicon Valley Bank and Signature Bank in March, even after a group of large banks granted it a $30 billion rescue package. |
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Council on Foreign Relations |
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