How’s Tuesday, Rappler readers?
As Asia slept, Wall Street stocks plunged steeply, erasing whatever gains it had in the past few weeks. The stocks drop are seen as a pullback after months of stock market highs. The wobbly markets has already affected Philippine stocks on Monday, with the PSE logging its biggest single-day price drop in over a year.
Back home, the dengue vaccination controversy was the focus of a House probe on Monday, February 5. During the probe, lawmakers pressed regulatory officials about why the Dengvaxia vaccine was approved for use. Meanwhile, health experts have warned of “wild” claims linking the use of the vaccine to other diseases, especially without valid scientific evidence at hand.
Meanwhile, new photos have emerged showing the progress of China’s construction on Mischief Reef, which is part of the disputed Spratlys and has been declared part of the Philippines’ Exclusive Economic Zone. The Duterte administration has downplayed China’s continued militarization, and even questioned critics on what they wanted the government to do with the situation.
These stories, and more, are in today’s wRap.
Pediatric infectious disease specialist Dr Lulu Bravo said on Monday, February 5, that there must be an exhaustive scientific study before the Dengvaxia vaccine could be linked to a rare viscerotropic disease, associated years back with the yellow fever vaccine.
China continued massive construction on Panganiban (Mischief) Reef off the coast of Palawan to build facilities and a runway despite a 2016 international court ruling that categorically declared the maritime feature as part of the Philippine Exclusive Economic Zone (EEZ).
Wall Street stocks plunged in chaotic trading on Monday, February 5, as the Dow’s gains for 2018 were erased in a brutal pullback from months of stock market euphoria that had been acclaimed by President Donald Trump.
New magma is pushing to the crater, says Phivolcs’ resident volcanologist in Bicol, as nearly 20,000 families remain in evacuation camps.
The PNP chief is furious at the Catholic bishops’ group for criticizing cops who brought bibles and rosaries in their return to the anti-drug war.
EU chief negotiator Michel Barnier warns that Britain faces ‘unavoidable’ trade barriers after Brexit if it also quits the bloc’s single market and customs union.
The Philadelphia Eagles scored an upset 41-33 victory over the New England Patriots to win their first ever Super Bowl here Sunday, February 4, after a late Tom Brady fumble ended the quarterback’s tilt at history.
Top photo: A bulldozer shovels snow off Red Square as snow falls in Moscow on February 4, 2018. Vasily Maximov/AFP