Philippines Faces Severe El Niño Drought Amid Inflation Concerns and Criticism of Preparedness
The Philippine central bank is modeling severe El Niño scenarios alongside an oil shock as inflation reaches a three-year high, and critics say the government has failed to prepare adequately for the predicted drought and resource shortages.
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| Oct 15, 9:00 PM | scmp.com | Is Philippines geared for El Nino? Critics say water-planning has run dry |
| Oct 13, 9:24 PM | cnbc.com | 'Godzilla El Niño' is wreaking havoc with Philippine central bank's inflation forecasts |