Philippine presidential election of 2022

Why Was Ferdinand Marcos Jr.’s Presidential Victory So Controversial?

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When the Philippine presidential election of 2022 concluded in a landslide victory for Ferdinand “Bongbong” Marcos Jr., the Philippine Stock Exchange Index sank by 0.6% at 6,720.93. Losses from investor sell-offs amounted to an estimated total of 488 billion PHP (9.3 billion USD). At-the-close of market, the index’s total market capitalization fell by 168.27 billion

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