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Philippine economy grows 5.5%, within target range


Today’s headlines: Philippine economy, US’ tariff rates, sports spaces

Here are today’s headlines – the latest news in the Philippines and around the world: 

The Philippine Statistics Authority reports the economy grew 5.5% in the second quarter of 2025 despite the slowdown of government spending growth.

Equipment used to monitor the Pinatubo Volcano in Central Luzon were stolen from the government’s observation station in San Jose, Tarlac.

U.S. President Donald Trump announces new tariffs of up to 41% on goods imported from dozens of countries, citing emergency powers, Trump’s new higher tariffs of 10% to 50% on many trading partners take effect on Thursday, August 7.

A recent research shows Australia’s Great Barrier Reef suffered the largest decline in coral cover in two of its three regions over the last year, following a mass bleaching of its corals.

The Philippine Sports Commission plans to open more sports complexes around the country for the public to use.-Rappler.com

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