Duterte causes market jitters with vague economic plans


MANILA: Philippine presidential favourite Rodrigo Duterte’s vague economic plans and threats to kill thousands of criminals are spooking the financial markets, with one business leader warning that the trash-talking politician would bring anarchy.

The key Philippine Stock Ex­­change index fell yesterday for the fifth consecutive day, a stretch that began after Duterte made a speech before top business leaders in which he joked about his penis and vowed to pardon himself for mass murder.

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