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The United States vetoed a United Nations Security Council resolution on Wednesday calling for a “humanitarian pause” in the raging Israel-Hamas conflict as the text did not recognize Israel’s right to defend itself, the US ambassador said.
HONG KONG, China — Asian markets mostly rose Tuesday and oil was subdued as Joe Biden prepared for a trip to the Middle East aimed at preventing the Israel-Hamas conflict spilling over into a regional conflagration.
WASHINGTON, United States — More debris and suspected human remains have been recovered from a privately owned submersible which failed catastrophically in June while on a mission to the Titanic, the US Coast Guard said.
MANILA, Philippines — Artificial intelligence (AI) has become a part of people's lives, whether we like it or not, but to what extent will humans allow it to be integrated into our daily lives? Will that realization come too late or too clouded by judgment?
The Bangko Sentral ng Pilipinas (BSP) [link] announced yesterday, after the market close, that it would hold interest rates steady for September. This followed the overnight decision of the US Federal Reserve to do the same. The BSP’s Governor, Eli Remolona, said that the latest BSP projections “show a slightly higher inflation path”, but that inflation is still projected by the BSP to “revert to the 2 to 4 percent target range by Q4 2023”. Mr. Remolona qualified this projection, saying that the stated timeline applies “in the absence of further supply-side shocks.” While the BSP Governor said that any rate cuts are “off the table” for this year, he could not say the same for further rate hikes coming as soon as the Monetary Board’s next meeting in November.