Under new Philippine president, what is next for the economy? | Business and Economy

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Ferdinand Marcos Jr won the presidential election, but there are challenges to achieving a strong economic recovery.

The Philippines has been battered by the pandemic and a deep recession. Now, after more than two years of closure, people are returning to their normal lives and the economy is expected to outpace its neighbours.

However, there are serious challenges to achieving a strong recovery: inflation is rising and government debt is high. So all eyes are now on the economic policies of new President Ferdinand Marcos Jr.

Also, can the US Federal Reserve create a soft landing for the economy?

Plus, Andy Warhol’s iconic Marilyn Monroe painting sold for a record $195 million.

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