Philippines’ Duterte Says Vice-Presidential Run Still Likely
(Bloomberg) -- Philippine President Rodrigo Duterte said he's still considering a vice-presidential run in the 2022 elections, again signaling his intention to stay in a top post after his term ends next year.
“Consider me a candidate for the vice presidency at this time, maybe to maintain equilibrium for all,” he told reporters at a train station inauguration Thursday.
Duterte said a vice presidential run would also help him retain political leverage. “It's political posturing, so they would not treat you badly even if I'm on my way out.”
The Philippine leader, who's been hinting at a shot for the second-highest elected post for a few weeks, however, said that he will only run “if there's space” for him and if his allies such as House Majority Leader Martin Romualdez won't run for vice president.
Duterte's political party earlier urged him to seek the vice-presidency after his single term ends in 2022. His possible candidacy has raised legal questions about how it could circumvent a ban on presidential term limits and has also been viewed as a way for him to remain immune from criminal charges.
Under Philippine law, a president can only be elected for one six-year term.
Duterte Says Running for Vice President Is a ‘Good Idea'
Duterte also hit back at boxer-turned-Senator Manny Pacquiao, a possible presidential contender in 2022, who earlier criticized his government for alleged corruption. “When you are a champion in boxing, it does not mean to say that you are a champion in politics, so he is blabbering his mouth,” Duterte said of Pacquiao.
©2021 Bloomberg L.P.
-
India's Troika Of Good Luck | Joining The Dots
A weaker Trump, a cooling AI trade and resilient earnings have put Indian markets back in favour. Rising inflation could spoil the party.
-
Talking Points This Week: Leadership Shock At Nvidia, Earnings Strength, And The Fog Over Hormuz
The Anthropic IPO pricing and first trading day, Nvidia's upcoming earnings, and any fresh signals from Iran will set the tone for the following week.
-
Signature Play: The Classic Cocktail Is Dead. Or Is It?
Classic cocktails are disappearing from India's cocktail menus. But they're still being ordered, taught to bartenders and borrowed from. So, who's really having the last drink?
-
A New Samvat Wishlist: Inclusive Prosperity And Human Development
India has strengthened its economic foundations through infrastructure, digital access and enterprise. Its next growth chapter must deepen productivity, create better livelihoods and widen participation in prosperity.
-
Love, Sex Aur Dhokha: The Audacious Plot To Spy On Jensen Huang
A Taipei dinner, a Singapore chip buyer and a suspected Chinese asset: inside the alleged spy operation that got close to NVIDIA's Jensen Huang.
-
Ten Things I Learnt This Samvat
Patience can be a trap. Cheap stocks can stay cheap. Leverage can wipe you out. What did Samvat 2082 teach us? Niraj Shah writes on 10 lessons from the year gone by.
-
Talking Points This Week: Tech Nerves, FII Buying, And A Faraway Banking Shock
The global markets are not shining this Diwali. The exception in the large markets is, India.
-
Midterm Rally Lasted A Day. The Hard Reality Of A Divided US May Last Two Years | Opinion
Between a contested AI boom, a debt ceiling that arrives in 2027 and a president with every incentive to act alone, the next two years may prove more volatile than the first day's rally suggests.
-
Blue Wave Will Derail the AI Trade but Won't Dismantle the AI Era | Unhedged Position
The Democrats' sweep of the US Congress will see politics collide with economic forces both over the long and short term.
-
It's Time To Take The GST Council's Bet On Trust Global
Payment records can prove India's services exports, and clear, proportionate rules can bring foreign digital sellers into the tax net.