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Business Matters: Philippines Election: Dictator's son heads for landslide win

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10/05/2022 GMT

Philippines Election: Dictator's son heads for landslide win

BBC World Service - Business Matters, Philippines Election: Dictator's son heads for landslide win

Ferdinand Marcos Jr, son of the former president, heads for decisive victory.

Ferdinand Marcos Jr, son of the former president, is on course for a decisive victory. Plus the latest from Sri Lanka as the economist crisis triggers unrest on the streets.

Ferdinand Marcos Jr, the son of the country's ruler during most of the 1970s, is heading for a landslide victory in the race to replace the current strongman Rodrigo Duterte. Why did voters flock back to the Marcos family, whose reign in the 20th century was so controversial? We speak to Josh Kurlantzick at the Council on Foreign Relations in Washington, DC. There's been further unrest on the streets of Colombo as the economic crisis in Sri Lanka grows deeper. The Prime Minister has resigned and there have been casualities as mobs tried to storm the presidential residence on Monday, as journalist Dimuthu Attanyake tells us. A sharp drop on the US stock markets worried traders on Monday, we get the latest from Peter Jankovskos of Arbor Investments. The value of Bitcoin has halved since November, Taiwan adjusts its previously tough stance on living with Covid and could a reduction in plastic mean less paid work for those who collect it for recycling?  Throughout the programme we're joined by by Samson Ellis, Bloomberg's Taipei Bureau Chief, and by political journalist Erin Delmore in New York. 

Picture: A supporter of Ferdinand Marcos, Jr. Credit: EPA

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