U.S. Secretary of State Marco Rubio has announced that the Trump Administration, working with Congress, plans to allocate $250 million in new assistance to the Philippines to address acute public health challenges.
"Through this assistance, our governments will work together on tuberculosis and maternal health while investing in preparedness, detection, and response capabilities to reduce the threat of emerging diseases and protect our homelands," Rubio said.
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Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.