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Title:
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Rodrigo Duterte Is Crushing Philippines' Stocks
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Author:
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Panos Mourdoukoutas
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Source:
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Forbes
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Date:
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November 6, 2016
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Description:
- The President of the Phillipines’ flip-flops over the South China Sea disputes have been crashing the country’s equities market, which is down 7.2 percent in the last month. Apparently, investors are concerned about the political and economic future of that nation, and the prospects for on-going economic integration of the region and the global economy — most notably China, which needs a market frontier for its manufacturing products.