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When business meets science: creating products that people need

“It’s all right to do something that produces knowledge, said Dr. Kenneth Y. Hartigan-Go, senior research fellow and program director for leadership and innovation of the Ateneo Policy Center School of Government.

You need, however, “to bring in a generalist perspective – like a sociologist, or a businessman with an acumen for looking at what the market needs – and then develop that product into something that people need,” he said.

Interview by Patricia Mirasol
Video editing by Jayson Mariñas

Trump reinstates US travel ban, bars citizens of 12 countries

THE air traffic control tower can be seen from the Hartsfield Jackson Atlanta International Airport terminal in Atlanta, Georgia, US, May 15.

US PRESIDENT Donald J. Trump signed a proclamation on Wednesday banning the citizens of 12 countries from entering the United States, saying the move was needed to protect against “foreign terrorists” and other security threats.

The directive is part of an immigration crackdown Mr. Trump launched this year at the start of his second term, which has also included the deportation to El Salvador of hundreds of Venezuelans suspected of being gang members, as well as efforts to deny enrollments of some foreign students and deport others.

The countries affected by the latest travel ban are Afghanistan, Myanmar, Chad, Congo, Equatorial Guinea, Eritrea, Haiti, Iran, Libya, Somalia, Sudan and Yemen.

The entry of people from seven other countries: Burundi, Cuba, Laos, Sierra Leone, Togo, Turkmenistan and Venezuela, will be partially restricted.

“We will not allow people to enter our country who wish to do us harm,” Mr. Trump said in a video posted on X. He said the list could be revised and new countries could be added.

The proclamation is effective on June 9, 2025 at 12:01 a.m. EDT (0401 GMT). Visas issued before that date will not be revoked, the order said.

During his first term in office, Mr. Trump announced a ban on travelers from seven Muslim-majority nations, a policy that went through several iterations before it was upheld by the Supreme Court in 2018.

Former President Joseph R. Biden, a Democrat who succeeded Mr. Trump, repealed that ban on nationals from Iran, Libya, Somalia, Syria and Yemen in 2021, calling it “a stain on our national conscience.”

Mr. Trump said the countries subject to the most severe restrictions were determined to harbor a “large-scale presence of terrorists,” fail to cooperate on visa security and have an inability to verify travelers’ identities, inadequate record-keeping of criminal histories and high rates of visa overstays in the United States.

“We cannot have open migration from any country where we cannot safely and reliably vet and screen those who seek to enter the United States,” Mr. Trump said.

He cited Sunday’s incident in Boulder, Colorado in which a man tossed a gasoline bomb into a crowd of pro-Israel demonstrators as an example of why the new restrictions are needed.

An Egyptian national, Mohamed Sabry Soliman, has been charged in the attack. Federal officials said Mr. Soliman had overstayed his tourist visa and had an expired work permit — although Egypt is not on the list of countries facing travel limits.

BEING IN THE US A ‘BIG RISK’
Somalia immediately pledged to work with the US to address security issues.

“Somalia values its long-standing relationship with the United States and stands ready to engage in dialogue to address the concerns raised,” Dahir Hassan Abdi, the Somali ambassador to the United States, said in a statement.

Venezuelan Interior Minister Diosdado Cabello, a close ally of President Nicolas Maduro, responded on Wednesday evening by describing the US government as fascist and warning Venezuelans of being in the US
“The truth is being in the United States is a big risk for anybody, not just for Venezuelans … They persecute our countrymen, our people for no reason.”

A spokesperson for the Taliban-led Afghan foreign ministry did not immediately respond to a request for comment. Pakistan’s foreign ministry did not immediately reply to a request for comment on how it would handle the thousands of Afghans waiting in Islamabad who had been in the pipeline for US resettlement.

Calls early on Thursday to the spokesperson of Myanmar’s military government were not answered.
The travel ban threatens to upend a 31-year-old Myanmar teacher’s plan to join a US State department exchange program, which was slated to start in September.

“It is not easy to apply nor get accepted as we needed several recommendation letters,” said the teacher, who currently lives in Thailand and asked not to be named because her visa application is still outstanding.

“In my case, I would get to work at universities that provide digital education,” she said, adding that she had not been updated by the program after Mr. Trump’s announcement.

Mr. Trump’s presidential campaign focused on a tough border strategy and he previewed his plan in an October 2023 speech, pledging to restrict people from the Gaza Strip, Libya, Somalia, Syria, Yemen and “anywhere else that threatens our security.”

Mr. Trump issued an executive order on January 20 requiring intensified security vetting of any foreigners seeking admission to the US to detect national security threats. — Reuters

In call with Putin, Pope Leo urges Russia to support peace

POPE LEO XIV waves as he leaves the basilica of Saint Paul Outside the Walls in Rome, Italy, May 20, 2025. — REUTERS

MOSCOW/VATICAN CITY — Pope Leo XIV urged Russia to take steps towards ending the conflict in Ukraine when he spoke to President Vladimir Putin for the first time, the Vatican said on Wednesday.

“The pope made an appeal for Russia to make a gesture that favors peace, emphasizing the importance of dialogue for achieving positive contacts between the parties and seeking solutions to the conflict,” the Vatican said.

It confirmed that Leo, the first US pope, had spoken by telephone to Mr. Putin on Wednesday afternoon. The readout of the call was unusual for the Vatican, which does not always issue statements about papal phone calls.

“There was talk about the humanitarian situation, the need to facilitate aid where necessary, ongoing efforts for the exchange of prisoners, and the value of the work carried out in this regard by Cardinal (Matteo) Zuppi,” the Vatican added. Zuppi, the archbishop of Bologna, has been the Vatican’s peace envoy for Ukraine.

Mr. Putin for his part thanked Leo, who became pontiff almost four weeks ago, for offering to help settle the conflict and told him Ukraine was intent on “escalating” the war, the Kremlin said.

US President Donald J. Trump has previously said the pope offered to host Russia-Ukraine negotiations at the Vatican.

But Russian Foreign Minister Sergei Lavrov and other officials have said the Vatican is not a suitable site for peace talks between two largely Orthodox Christian countries.

Mr. Putin highlighted “that the Kyiv regime is banking on escalating the conflict and is carrying out sabotage against civilian infrastructure sites on Russian territory,” the statement said, describing those acts as terrorism.

The Kremlin restated that the conflict’s “root causes” must be addressed, a reference to Russian demands that Ukraine adopt a neutral status and NATO rule out eastward expansion.

Russia has sought to cultivate good ties with the new pope and his predecessor, Francis, especially on humanitarian issues, like family reunifications.

The Vatican statement thanked Russian Orthodox Patriarch Kirill for his greetings when Leo was elected. Pope Francis had been critical of Kirill’s support for Mr. Putin.

The Russian statement expressed hope the Vatican would “take a more active role” in calling for freedom of religion in Ukraine for members of the Ukrainian Orthodox Church that has historic links to Russia.

Ukrainian authorities have launched criminal proceedings against many of its clergy because of suspected sympathies for Moscow. A separate Kyiv-based Ukrainian Orthodox Church, formally recognized in 2019, has grown larger in Ukraine during the war. — Reuters

US vetoes UN Security Council demand for Gaza ceasefire

The United States vetoed a draft UN Security Council resolution that demanded an “immediate, unconditional and permanent ceasefire” between Israel and Hamas militants in Gaza.Credit: UN Photo/ Mark Garten

UNITED NATIONS/CAIRO/JERUSALEM — The United States on Wednesday vetoed a draft United Nations (UN) Security Council resolution that demanded an “immediate, unconditional and permanent ceasefire” between Israel and Hamas militants in Gaza and unhindered aid access across the war-torn enclave.

The other 14 countries on the council voted in favor of the draft as a humanitarian crisis grips the enclave of more than 2 million people, where famine looms and aid has only trickled in since Israel lifted an 11-week blockade last month.

“The United States has been clear: We would not support any measure that fails to condemn Hamas and does not call for Hamas to disarm and leave Gaza,” Acting US Ambassador to the UN Dorothy Shea told the council before the vote, arguing that it would also undermine US-led efforts to broker a ceasefire.

Washington is Israel’s biggest ally and arms supplier.

The Security Council vote came as Israel pushes ahead with an offensive in Gaza after ending a two-month truce in March. Gaza health authorities said Israeli strikes killed 45 people on Wednesday, while Israel said a soldier died in fighting.

Britain’s UN Ambassador Barbara Woodward criticized the Israeli government’s decisions to expand its military operations in Gaza and severely restrict humanitarian aid as “unjustifiable, disproportionate and counterproductive.”

Israel has rejected calls for an unconditional or permanent ceasefire, saying Hamas cannot stay in Gaza. Israel’s UN Ambassador Danny Danon told the council members who voted in favor of the draft: “You chose appeasement and submission. You chose a road that does not lead to peace. Only to more terror.”

Hamas condemned the US veto, describing it as showing “the US administration’s blind bias” towards Israel. The draft Security Council resolution had also demanded the immediate and unconditional release of all hostages held by Hamas and others.

RIVAL AID OPERATIONS
The war in Gaza has raged since 2023 after Hamas militants killed 1,200 people in Israel in an October 7 attack and took some 250 hostages back to the enclave, according to Israeli tallies. Many of those killed or captured were civilians.

Israel responded with a military campaign that has killed over 54,000 Palestinians, according to Gaza health authorities. They say civilians have borne the brunt of the attacks and that thousands more bodies have been lost under rubble.

Under global pressure, Israel allowed limited UN-led deliveries to resume on May 19. A week later a controversial new aid distribution system was launched by the Gaza Humanitarian Foundation (GHF), backed by the US and Israel.

Israel has long accused Hamas of stealing aid, which the group denies. Israel and the US are urging the UN to work through the GHF, which is using private US security and logistics companies to transport aid into Gaza for distribution at so-called secure distribution sites.

“No one wants to see Palestinian civilians in Gaza go hungry or thirsty,” Ms. Shea told the Security Council, adding that the draft resolution did not “acknowledge the disastrous shortcomings of the prior method of aid delivery.”

The UN and international aid groups have refused to work with the GHF because they say it is not neutral, militarizes aid and forces the displacement of Palestinians.

No aid was distributed by the US-backed GHF on Wednesday as it pressed the Israeli military to boost civilian safety beyond the perimeter of its so-called secure distribution sites after a deadly incident on Tuesday.

The GHF said it has asked the Israeli military to “guide foot traffic in a way that minimizes confusion or escalation risks” near military positions, provide clearer civilian guidance and enhance training of soldiers on civilian safety.

‘DELAYS AND DENIALS’
The GHF posted on Facebook that “ongoing maintenance work” would delay the opening of its distribution sites on Thursday. It said on Tuesday that it has so far distributed more than seven million meals since it started operations.

Despite US and Israeli criticism of the UN-led Gaza aid operation, a US ceasefire plan proposes the delivery of aid by the UN, the Red Crescent and other agreed channels. Israel has agreed to the ceasefire plan but Hamas is seeking changes that the US has rejected as “totally unacceptable.”

Ahead of the UN Security Council vote, UN Aid Chief Tom Fletcher again appealed for the UN and aid groups to be allowed to assist people in Gaza, stressing that they have a plan, supplies and experience.

“Open the crossings — all of them. Let in lifesaving aid at scale, from all directions. Lift the restrictions on what and how much aid we can bring in. Ensure our convoys aren’t held up by delays and denials,” Mr. Fletcher said in a statement.

The UN has long-blamed Israel and lawlessness in the enclave for hindering the delivery of aid into Gaza and its distribution throughout the war zone.

“Enough of suffering of civilians. Enough of food being used as a weapon. Enough is enough is enough,” Slovenia’s UN Ambassador Samuel Zbogar told the Security Council.

A similar humanitarian-focused draft resolution is now expected to be put to a vote in the 193-member UN General Assembly, where no countries have a veto power and it would likely pass, diplomats said.

Mr. Danon warned: “Don’t waste more of your time, because no resolution, no vote, no moral failure, will stand in our way.” — Reuters

China offers bounty on hackers it says are linked to Taiwan

STOCK PHOTO | Image by geralt from Pixabay

BEIJING — Authorities in southern China have offered an undisclosed bounty for more than 20 people they say are linked to Taiwan and suspected of cyber attacks in China, the official news agency Xinhua said on Thursday, accusations Taipei strongly rejected.

The public security bureau in the Chinese city of Guangzhou said the hackers were connected to the Taiwan government and published their pictures, names and Taiwan identity card numbers.

Chinese authorities accused Taiwan of organizing, planning and premeditating attacks on key sectors such as military, aerospace, government departments, energy and transportation, maritime affairs, science and technology research firms in China as well as in special administration regions Hong Kong and Macau, Xinhua said.

Xinhua, citing a cybersecurity report, said the Taiwan “information, communication and digital army” had cooperated with US anti-Chinese forces to conduct public opinion and cognitive warfare against China, secretly instigate revolution and attempt to disrupt public order in China.

Taiwan’s defense ministry said in a statement it was not carrying out any “corporate cyber attacks,” and that China’s offers of a bounty highlighted “the rude and unreasonable attitude of the Chinese communists in intimidating and coercing the Taiwanese people.”

“Recent statements by the European Union, the United States and the Czech Republic condemning the Chinese communists’ hacking organizations for carrying out cyber-attacks prove that the Chinese communists are not only a regional troublemaker, but a common threat to the global internet,” it added.

A senior Taiwan security official told Reuters that the Chinese allegations were invented, saying Beijing was trying to shift the focus from Czech and European scrutiny over alleged Chinese hacking activities there.

“They fabricated a false narrative to shift the focus. It’s a very typical behavior by the Chinese Communist Party,” the official said, speaking on condition of anonymity given the sensitivity of the matter.

China also said Taiwan had long-standing cooperation with the US National Security Agency, the Central Intelligence Agency and other intelligence agencies as part of the United States’ “Asia-Pacific Strategy,” calling it Taiwan’s attempt to gain independence through relying on the United States.

“The US intelligence department has long provided personnel training and technical equipment support for Taiwan’s ‘information, communication and digital army’, and many police stations have sent ‘hunting’ teams to Taiwan, to launch a cyber attacks on China,” according to a social media post by an account linked to Chinese state television.

Last week authorities in Guangzhou, the capital of southern Guangdong province, attributed a cyber attack on an unnamed technology company to the Taiwan government, saying Taiwan’s ruling Democratic Progressive Party supported the “overseas hacker organization” responsible.

In response, Taiwan said Beijing was peddling false information, and that it was China that was carrying out hacking against the island.

China views Taiwan as its own territory. Taiwan’s democratically elected government rejects Beijing’s sovereignty claims.

Chinese courts and legal bodies have no jurisdiction in Taiwan, whose government has repeatedly complained about Beijing’s “long-armed jurisdiction” efforts. — Reuters

Ascott Philippines brings fresh perspectives to Cebu with new General Manager

The Ascott Limited names Angelo Ascue, 34, as its youngest appointed General Manager, set to lead Citadines Cebu City and lyf Cebu City.

The Ascott Limited, the globally recognized serviced residence and hospitality brand, is delighted to announce the appointment of a new General Manager to its well-loved, well-appointed properties in Cebu. Multi-awarded hotelier Angelo Ascue takes on the title as he looks to build upon and further innovate Citadines Cebu City and lyf Cebu City in time for the 25th anniversary of Ascott Philippines this year.

The young yet seasoned Ascue serves as the youngest appointed General Manager for Ascott Philippines at 34 years old, with over a decade of experience in the hospitality industry. In 2023, he was awarded “Manager of the Year” during his tenure with Robinsons Hotels and Resorts group. Ascue’s leadership style was also recognized by the renowned Association of Human Resources Managers in the Hospitality Industry (AHRM), which honors the Filipino brand of service excellence.

“It is a true honor to be able to lead key properties of Ascott Philippines in the dynamic market of Cebu,” says Mr. Ascue, whose multi-faceted background in the hospitality industry spans the front office and F&B-related operations, to go with his expertise in hotel events, sales, and marketing. “I am eager to contribute to the continued success of Citadines Cebu City and lyf Cebu City, especially on this milestone year for the organization, celebrating a quarter century of excellence.”

The Ascott Limited turns 25 this year in the Philippines, marking a momentous milestone for the international brand in the country. The organization lists 17 properties under its name across five time-tested brands in Ascott, Oakwood, Citadines, Somerset, and lyf. Since its establishment in 2000, Ascott Philippines has always pushed the boundaries of what guests can expect from curated service experiences, from upscale modern amenities to one-of-a-kind Filipino hospitality.

Shot of Citadines Cebu City’s lobby

On its silver anniversary this year, Ascott Philippines looks to reach new heights. The organization extends its unique brand of accommodations and service experiences nationwide, from bustling urban cityscapes to scenic yet modern island destinations. Two such star properties are those now under the leadership of Ascue, Citadines Cebu City and lyf Cebu City, which are strategically located in the heart of the Queen City of the South.

Shot of lyf Cebu City’s Stadium

Citadines Cebu City offers serviced apartments in studio, one-bedroom, and loft styles, along with modern amenities, for a personalized experience enjoyed by both leisure and business travelers. Meanwhile, the chic and dynamic lyf Cebu City in Midtown Cebu presents experience-driven social living with distinctive areas like the Say Hi check-in and reception, Bond and Chill for relaxation and co-working, alongside Burn group workouts. Room layouts include One of a Kind, Side by Side, and All Together.

 


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China urges EU to stop ‘provoking trouble’ in South China Sea dispute

BEIJING – The Chinese embassy in the Philippines advised Manila on Thursday not to “fantasise” about relying on outside forces to resolve the South China Sea dispute, and urged the European Union to stop “provoking trouble”.

An embassy spokesperson made the comments after EU foreign policy chief Kaja Kallas visited the Philippine capital and voiced concern over China’s activities in the busy waterway, where its claims overlap those of some Southeast Asian nations.

“The EU is not a party to the South China Sea disputes and has no right to interfere in the South China Sea differences between China and the Philippines,” the spokesperson said in a statement on the embassy website.

The Philippine embassy in Beijing did not immediately respond to an emailed request for comment. — Reuters

Insuring Filipinos for a more resilient Philippine economy

GCash Insurance Partnerships and Business Development Head Jay Young (right)

GCash underscores the significance of insurance in building security and certainty among Filipinos through GInsure

An inclusive and resilient future is made possible only by achieving solutions that cater to all sectors of society, even the traditionally underserved. In a world where risks may come in various forms, insurance steps in with solutions that address consumers’ needs for security while empowering and protecting them financially.

In a growing digital economy like the Philippines, consumers increasingly prefer services that are simple, instant, and accessible. Insurance should be no different. Insurance products and other financial services are evolving to meet growing demand by becoming more readily available through digital platforms.

In one of the panel discussions in this year’s BusinessWorld Economic Forum, GCash Insurance Partnerships and Business Development Head Jay Young shared why digital insurance is paramount to building financial inclusivity and a resilient future for the Philippines.

GCash, the country’s top financial super app, provides insurance products that are cost-effective and cover a wide range of consumer needs through GInsure. Launched in 2021, GInsure makes protection just a tap away. It features 58 insurance products tailored to different lifestyles, covering personal accidents, medical services, and much more.

At present, GInsure has successfully insured an estimated 20 million users with 55 million policies. Out of 90 million registered users of the app, about 60 million are eligible for its insurance products and services. The platform makes insurance products accessible at the tap of a button, partnering with 15 top insurance providers, such as Singlife Philippines, Sun Life, and Standard Insurance, among others, to protect Filipinos.

GCash Insurance Partnerships and Business Development Head Jay Young, one of the panelists in this year’s BusinessWorld Economic Forum, shared why digital insurance is paramount to building financial inclusivity and a resilient future for the Philippines.

Through the years, GCash has become deeply embedded in Filipinos’ daily lives, and GInsure aims to do the same. As Mr. Young observed, the average Filipino purchases mobile load credits weekly. With this, GCash offers free health and accident insurance coverage for up to seven days to users who buy mobile load from the platform.

Moreover, he pointed out how GCash seeks to build the pathway for Filipinos to achieve security and certainty through insurance.

“We’re giving away free insurance with the hope that they will be able to understand this micro insurance product, so that one day, they will be able to have broader understanding on how insurance works, and they will be able to get a more comprehensive insurance for themselves. We want to be on that journey with our users,” Mr. Young said.

Beyond insurance, Mr. Young also noted how GCash makes inclusive and resilient growth possible among different communities when he observed fisherfolk benefitting from the app’s e-wallet functions and perks like the GCash card.

“For them, [the GCash card] is the first time something tangible has been named after them. They consider it as a key or a gateway to financial possibilities. Inclusion can be as simple as that. We realized in GCash inclusion should start with small things, [such as in] making people using the app feel proud of what they have. Once they experience that, they feel included,” Mr. Young said.

 


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DigiPlus’ BingoPlus Foundation expands FutureSMART program, unites with tech education leaders to bridge skills and careers

The ceremonial Memorandum of Agreement attended by remarkable executives from each organizations namely (from left to right) Phoebe Fontanilla and Ken Ngo, Board Members of Edukasyon.ph; Angela Camins-Wieneke, Executive Director of BingoPlus Foundation; Celeste Jovenir, DigiPlus’ VP for Investor Relations, Corporate Communication, and Sustainability and BPF COO; Precious Lim, Country Manager of AWS Philippines; and Rajas Karandikar, Head of Greenfield for AWS ASEAN.

DigiPlus Interactive Corp., through its social development arm, BingoPlus Foundation, has officially launched a strategic partnership with Edukasyon.ph to expand its flagship education initiative, the FutureSmart Program, strengthening the link between technology education and real-world employment for Filipinos. The ceremonial Memorandum of Agreement (MoA) signing was held on May 26, 2025 at the AWS Philippines in Bonifacio Global City, Taguig City.

As part of the partnership, DigiPlus and BingoPlus Foundation will allocate P2 million in financial support for 50 scholars to complete the AWS re/Start program — a 12-week workforce development training program that prepares individuals for careers in the cloud. For post-training, Edukasyon.ph will provide job placement support to ensure graduates are connected to employment within three months. The partnership will also connect these scholars and other AWS-certified professionals nationwide to career opportunities within DigiPlus and its network of tech industry partners.

This partnership aligns with DigiPlus and BingoPlus Foundation’s mission to equip Filipinos with the tools they need to thrive in a digital economy. It also reinforces the Foundation’s FutureSmart Program, which has already impacted over 5,000 students and teachers through scholarships, technology training, learning center donations, and employment pathways.

Earlier this year, the FutureSmart Program was recognized with a Gold Stevie Award for Excellence in Social Impact at the 2025 Asia-Pacific Stevie Awards in Seoul, South Korea. The award affirms the program’s success in driving real, measurable change and highlights the importance of strategic partnerships in scaling its impact.

“Winning the Gold Stevie Award is not just a recognition of our past efforts, but a push to do more, go further, and reach higher,” said Angela Camins-Wieneke, Executive Director of BingoPlus Foundation. “FutureSmart is our way of turning education into a real, life-changing impact. With Edukasyon.ph and Amazon Web Services as partners, we are confident we can take even more learners from classroom to career.”

As the demand for digital skills continues to grow, DigiPlus and BingoPlus Foundation remain committed to investing in future-ready education and inclusive pathways to employment. Through FutureSmart, the Foundation will continue shaping a workforce that is not only skilled but empowered to lead the country’s digital future.

View the official Memorandum of Agreement signing ceremony video:

For more information on the FutureSmart Program and other initiatives, visit www.digiplus.com.ph/bingoplus-foundation.

 


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Trump bans nationals from 12 countries, citing security concerns

RAWPIXEL

 – U.S. President Donald Trump signed a proclamation on Wednesday banning the nationals of 12 countries from entering the United States, saying the move was needed to protect against “foreign terrorists” and other security threats.

The countries affected are Afghanistan, Myanmar, Chad, Congo, Equatorial Guinea, Eritrea, Haiti, Iran, Libya, Somalia, Sudan and Yemen.

The entry of people from seven other countries: Burundi, Cuba, Laos, Sierra Leone, Togo, Turkmenistan and Venezuela, will be partially restricted. The travel restrictions were first reported by CBS News.

“We will not allow people to enter our country who wish to do us harm,” Mr. Trump said in a video posted on X. He said the list could be revised and new countries could be added.

The proclamation is effective on June 9, 2025 at 12:01 am EDT (0401 GMT). Visas issued before that date will not be revoked, the order said.

During his first term in office, Mr. Trump announced a ban on travelers from seven majority-Muslim nations, a policy that went through several iterations before it was upheld by the Supreme Court in 2018.

Former President Joe Biden, a Democrat who succeeded Trump, repealed the ban in 2021, calling it “a stain on our national conscience.”

Mr. Trump said the countries subject to the most severe restrictions were determined to harbor a “large-scale presence of terrorists,” fail to cooperate on visa security and have an inability to verify travelers’ identities, inadequate record-keeping of criminal histories and high rates of visa overstays in the United States.

“We cannot have open migration from any country where we cannot safely and reliably vet and screen those who seek to enter the United States,” Trump said.

He cited Sunday’s incident in Boulder, Colorado in which a man tossed a gasoline bomb into a crowd of pro-Israel demonstrators as an example of why the new restrictions are needed.

An Egyptian national, Mohamed Sabry Soliman, has been charged in the attack. Federal officials said Soliman had overstayed his tourist visa and had an expired work permit – although Egypt is not on the list of countries facing travel limits.

 

BEING IN THE U.S. A ‘BIG RISK’

Somalia immediately pledged to work with the U.S. to address security issues.

“Somalia values its longstanding relationship with the United States and stands ready to engage in dialogue to address the concerns raised,” Dahir Hassan Abdi, the Somali ambassador to the United States, said in a statement.

Venezuelan Interior Minister Diosdado Cabello, a close ally of President Nicolas Maduro, responded on Wednesday evening by describing the U.S. government as fascist and warning Venezuelans of being in the U.S.

“The truth is being in the United States is a big risk for anybody, not just for Venezuelans … They persecute our countrymen, our people for no reason.”

Calls early on Thursday to the spokesperson of Myanmar’s military government were not answered. The foreign ministry of Laos did not immediately respond to a request for comment.

Mr. Trump’s directive is part of an immigration crackdown that he launched at the start of his second term. He previewed his plan in an October 2023 speech, pledging to restrict people from the Gaza Strip, Libya, Somalia, Syria, Yemen and “anywhere else that threatens our security.”

Mr. Trump issued an executive order on January 20 requiring intensified security vetting of any foreigners seeking admission to the U.S. to detect national security threats. That order directed several cabinet members to submit a list of countries from which travel should be partly or fully suspended because their “vetting and screening information is so deficient.”

In March, Reuters reported that the Trump administration was considering travel restrictions on dozens of countries. – Reuters

Philippine annual inflation at 1.3% in May

INDIVIDUALS shop for food items inside a supermarket in Quezon City, Jan. 16, 2023. — PHILIPPINE STAR/ MIGUEL DE GUZMAN

MANILA (UPDATE) – Philippine annual inflation eased for a fourth consecutive month in May, driven by slower increases in utility and food prices, the government said on Thursday, and the central bank said the data would allow for a more accommodative monetary policy.

The consumer price index rose 1.3% year-on-year in May, down from 1.4% in April, marking the lowest inflation rate since November 2019. The figure matched the forecast in a Reuters poll and brought the year-to-date average to 1.9%, undershooting the central bank’s 2.0% to 4.0% target range for the year.

“On balance, the more manageable inflation outlook and the downside risks to domestic economic activity allow for a shift toward a more accommodative monetary policy stance,” the central bank said in a statement.

Price increases for housing, water, electricity, and other fuel items moderated to 2.3% in May from 2.9% in April, while transport costs declined more sharply, falling 2.4% versus April’s 2.1% drop.

Core inflation, which excludes volatile food and energy prices, was steady at 2.2%
“Looks like the door remains wide open for the Bangko Sentral ng Pilipinas (BSP, the central bank) to cut rates in June,” said Metrobank economist Nicholas Mapa on X.

The BSP resumed monetary easing in April, cutting its key policy rate by 25 basis points to 5.5% to support economic growth amid global headwinds. The central bank is scheduled to review policy again on June 19.

On Thursday, the lower house of Congress approved a bill raising the daily minimum wage by P200, which the country’s chief statistician said could have inflationary effects. — Reuters

Nintendo Switch 2 launches globally with shortages expected amid pent-up demand

Source: Nintendo.com

 – Nintendo’s Switch 2 launched on Thursday and is widely expected to be in short supply globally amid pent-up demand for the more powerful next-generation gaming device.

“The level of demand seems to be sky-high,” said Serkan Toto, founder of the Kantan Games consultancy.

The Switch launched in 2017 and followed the underperforming Wii U. The home-portable device became a juggernaut with games including two “The Legend of Zelda” titles and COVID-19 pandemic breakout hit “Animal Crossing: New Horizons”.

The Switch 2 bears many similarities with its predecessor but offers a larger screen and improved graphics and debuts with titles including “Mario Kart World”.

“The much larger audience of Switch users should translate to stronger adoption in the opening part of its lifecycle,” said Piers Harding-Rolls, an analyst at Ampere Analysis.

“Nintendo is better prepared this time around” to deal with the high demand, he said.

The launch of the $499.99 Switch 2 is a test of Nintendo’s supply chain management during U.S. President Donald Trump‘s trade war.

Nintendo last month forecast sales of 15 million Switch 2 units during the current financial year.

President Shuntaro Furukawa said Nintendo will strengthen production capacity to respond to strong demand and focus on sales promotion in an effort to exceed the forecast.

The company, which is known for conservative forecasts, also expects to sell 4.5 million Switch units.

Nintendo said it received 2.2 million applications for its Switch 2 sales lottery on its My Nintendo Store in Japan. Pre-orders at Target TGT.N sold out in less than two hours.

“You are looking at weeks or months until you can walk into a store and buy a Switch 2,” said Toto of Kantan Games.

Investor expectations for the new device are similarly lofty.

Nintendo’s shares are trading near highs and have gained almost 30% this year.

Concerns include whether momentum for the Switch 2 will be sustained after hardcore gamers have upgraded.

“The volume of first-party games on offer at launch isn’t as strong as it could be, so some more casual users may wait and see how the games available build over the next one to two years before making the leap,” said Ampere’s Harding-Rolls.

Ampere forecasts Switch 2 sales to exceed 100 million units in 2030. Nintendo has sold 152 million Switch units in total. – Reuters