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VP Sara still expected at SONA, House ready to welcome her if she attends

VP Sara still expected at SONA, House ready to welcome her if she attends

Filipino Times12 hours ago
Vice President Sara Duterte is still expected to attend President Ferdinand Marcos Jr.'s State of the Nation Address (SONA), according to House spokesperson Princess Abante, despite Duterte's earlier announcement that she would skip the event.
Abante emphasized that attending the SONA is part of the vice president's responsibilities. If Duterte changes her mind, the House of Representatives is ready to welcome her to the event, which will be held in the Batasang Pambansa complex.
Preparations for the SONA are already 90 to 95 percent complete, according to Abante, with around 1,500 attendees expected—similar to last year. Despite recent rains, she noted that preparations continued smoothly.
No security threats have been reported, and all inter-agency coordination meetings have been concluded. The House Secretary-General confirmed that invitations have been sent out and that most seats in the plenary and viewing areas are already taken.
The House will go on lockdown from July 23 to 27 to ensure security, allowing only essential personnel to enter. The 20th Congress will also open its regular session in the morning ahead of the SONA.
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VP Sara still expected at SONA, House ready to welcome her if she attends
VP Sara still expected at SONA, House ready to welcome her if she attends

Filipino Times

time12 hours ago

  • Filipino Times

VP Sara still expected at SONA, House ready to welcome her if she attends

Vice President Sara Duterte is still expected to attend President Ferdinand Marcos Jr.'s State of the Nation Address (SONA), according to House spokesperson Princess Abante, despite Duterte's earlier announcement that she would skip the event. Abante emphasized that attending the SONA is part of the vice president's responsibilities. If Duterte changes her mind, the House of Representatives is ready to welcome her to the event, which will be held in the Batasang Pambansa complex. Preparations for the SONA are already 90 to 95 percent complete, according to Abante, with around 1,500 attendees expected—similar to last year. Despite recent rains, she noted that preparations continued smoothly. No security threats have been reported, and all inter-agency coordination meetings have been concluded. The House Secretary-General confirmed that invitations have been sent out and that most seats in the plenary and viewing areas are already taken. The House will go on lockdown from July 23 to 27 to ensure security, allowing only essential personnel to enter. The 20th Congress will also open its regular session in the morning ahead of the SONA.

Global crypto assets reach all time high as US Trump signs off on GENIUS Act
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Institutional investors warm to crypto but demand still nascent
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Khaleej Times

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Institutional investors warm to crypto but demand still nascent

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The new wave of U.S. legislation could also pave the way for more listed companies to allocate a portion of their cash reserves to crypto tokens, said Susannah Streeter, head of money and markets at Hargreaves Lansdown. Analysts warn, however, that a drop below $90,000 for bitcoin could put half of these corporate treasuries underwater. Demand for crypto ETFs has also been rising in recent months. Global net inflows into crypto exchange-traded products hit $4 billion last week, the highest so far this year, according to data from crypto firm Bitwise. Among the big institutional investors to have made public their investments in crypto ETFs in the past 18 months are the State of Wisconsin Investment Board, Abu Dhabi's Mubadala sovereign wealth fund and hedge fund Millennium Management, regulatory filings show. So far this year, bitcoin has gained around 25%, compared with the SP 500 index's 6.5% gain. Ether, another cryptocurrency has climbed 2%, while XRP is up nearly 40%. 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