The Philippines fell a spot to 61st out of 121 nations with a score of 38.7 out of 100 in the 2023 edition of the Global Soft Power Index by brand valuation consultancy Brand Finance. The index measures “soft power” or a nation’s ability to influence various actors in the global arena through attraction or persuasion.
China spent $240 bln bailing out ‘Belt & Road’ countries – study
LIN ZHIZHAO-UNSPLASHJOHANNESBURG – China spent $240 billion bailing out 22 developing countries between 2008 and 2021, with the amount soaring in recent years as more have struggled to repay...
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