MARCOS ADMIN HANDLES CRISIS ‘BETTER THAN AVERAGE’
BizNewsAsia founder Tony Lopez said the Marcos administration is handling the current crisis “better than average,” noting that the ongoing energy situation is among the worst in history, even compared to past global oil shocks.
He added that while the government has provided targeted subsidies, he believes the response was initially slow due to pressure from oil industry lobbying and the administration’s effort to assess limited fuel supply before acting.
More on this in the full episode of #TheSpokes.
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BizNewsAsia founder Tony Lopez said the Marcos administration is handling the current crisis “better than average,” noting that the ongoing energy situation is among the worst in history, even compared to past global oil shocks.
He added that while the government has provided targeted subsidies, he believes the response was initially slow due to pressure from oil industry lobbying and the administration’s effort to assess limited fuel supply before acting.
More on this in the full episode of #TheSpokes.
📺 Free TV Ch. 31, Cignal Ch. 24, Samsung TV Plus, TCL Smart TVs, Blast TV, AmasianTV
📱 Cignal Play, BNC YouTube and Facebook
Visit our website: https://bnc.ph
Check out our official social media accounts:
https://www.facebook.com/bncphl
https://twitter.com/bncdotph
https://www.instagram.com/bnc.ph
https://www.tiktok.com/@bnc.ph
https://www.youtube.com/@bncphl
#bilyonaryonewschannel #bnc #latestnews
Warning: Unauthorized use of any BNC videos without proper approval will lead to legal action to the fullest extent of the law.