The ANC Brief April 25, 2018

ABS-CBN News

Posted at Apr 25 2018 04:57 AM

Here are the stories ANC will be covering today:

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Southern guns

The President will be in Buluan, Maguindanao for the launch of the Balik Baril Program at 2 p.m. ANC will air the proceedings live, including the probable speech by the Chief Executive. It looks like a program to get citizens to return loose firearms. The proliferation of firearms in Mindanao has been a peace and order problem in the South for the longest time. Will this program work to reduce violence?

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Defensive fire

Chief Justice on leave Ma. Lourdes Sereno will attend the Forum on Upholding Judicial Independence as a Pillar of Democracy at the Ateneo Law School at 10 a.m. ANC will air her speech live. Expect her to defend herself from the quo warranto case against her and efforts to impeach her.

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Kuwaiti fire out?

Foreign Affairs Sec. Alan Peter Cayetano has apologized for the Kuwait rescue video. Will the Kuwaiti government accept? Is it “fire out” for this diplomatic conflagration? The apology comes after President Duterte met with Kuwait Ambassador to the Philippines Musaed Saleh Ahmad Al-Thwaikh Monday night. ANC will talk to international and labor experts on this latest development. Will this be good or bad for relations between the two countries? 

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Regional issues

The ASEAN Summit is set for this weekend in Singapore. Leaders are expected to talk about the effect of the US-China trade war, the crisis in Myanmar and tensions in the South China Sea. ANC will talk to international policy and economists on the summit.

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Fighting inflation

In a press conference Tuesday, the Development Budget Coordination Committee (DBCC) said it expects the Philippine peso to trade in the range of P50 to P53. This comes as a Pulse Asia survey revealed that salaries and inflation remain top concerns of Filipinos. BSP Gov. Nestor Espenilla was also quoted in reports saying that it is “just a question of time” before interest rates are raised in a bid to fight inflation. The report said this is the strongest indication that the BSP is ready to raise key interest rates. ANC’s Business group will stay on top of these key economic developments and their effect on the markets.