The ongoing power play between the world’s largest economies, the United States and China, is being waged on many fronts, including on the shores of allies. Now that the Philippines is again under an American-friendly administration with Ferdinand “Bongbong” Marcos Jr. at the helm, the US military presence in the archipelago is growing.| International Banker
Bassirou Diomaye Faye’s story of advancing from prison to presidency in less than a month is inspiring, but will Senegal’s new president’s left-wing Pan-Africanism ideologies succeed in inspiring the country’s population and economy to new heights? Fortunately, he has much to build on, starting with a sound economy and rich natural resources.| International Banker