"Nobody Eats A Whole Fish Now": The Philippines' Poor Hit By Soaring Food Prices (opens in new tab)

Filipinos are facing the biggest inflationary shock in 30 years\. Rising fuel and food prices are squeezing household budgets, with some families cutting back to just one meal a day\. We examine why the sharp rise in living costs is hitting the Philippines' poorest families hardest - though there are signs of relief ahead\. A newly announced US-Iran peace deal could help stabilise global oil markets by reopening the Strait of Hormuz, a key shipping route for energy supplies\. 00:00 Why market...