This is AI generated summarization, which may have errors. For context, always refer to the full article.
“We’ve been very clear to everyone, to include Beijing, that the kind of behavior that we’ve seen, where Filipino crews are put in danger… sailors have been injured and property damaged, that is irresponsible behavior,” Austin told a joint press conference in Hawaii. Philippine Defence Secretary Gilberto Teodoro refused to speculate about the conditions in which Manila might invoke the treaty, saying that would be a “political decision”.
The Scarborough Shoal, a prime fishing patch used by several countries, has been occupied by China for more than a decade and has been flashpoint between the Philippines and China on and off for years.
Mutual Defense Treaty South China Sea Philippine News National News
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: PhilstarNews - 🏆 1. / 94 Read more »
Source: MlaStandard - 🏆 20. / 55 Read more »
Source: gmanews - 🏆 11. / 68 Read more »
Source: gmanews - 🏆 11. / 68 Read more »
Philippine Banks to Benefit from Robust Economy, says Fitch RatingsFitch Ratings predicts that the strong economy will support the asset quality and earnings of Philippine banks in the next two years, despite lower interest rates. The ratings agency expects GDP growth to accelerate to 6.0-6.5% in 2024 and 2025. Fitch also anticipates stable issuer default ratings for Philippine banks, driven by the expectation of support from the Philippine sovereign if needed. Private banks such as BDO Unibank, Bank of the Philippine Islands, and Metropolitan Bank & Trust Company are expected to outperform state-owned banks due to their underwriting standards and business profiles.
Source: MlaStandard - 🏆 20. / 55 Read more »
Source: rapplerdotcom - 🏆 4. / 86 Read more »