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Comelec allocates seats to 4 winning parties in BARMM polls

MANILA, Philippines — The Commission on Elections (Comelec) has allocated parliamentary seats among four winning political parties in the first Bangsamoro Parliamentary elections, with Bangsamoro Federalist Party (BFP) and United Bangsamoro Justice Party (UBJP) getting the two highest numbers of allotted seats.

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Japanese Bond Yields Surge To 30 Year High On Report Tokyo May Hike Defense Spending To 3.5% Of GDP

Just in case Japan's bond yields weren't high enough already, Bloomberg reports that Japan is considering a new mid-term defense spending target of 3.5% of GDP in line with NATO and other US allies. Such a move would send a shockwave through financial markets concerned about Prime Minister Sanae Takaichi’s spending …

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