Let's Do The News! (May 27, 2023)

                                                                  

Your daily round-up of today's news:

- Super Typhoon Betty entered the Philippine Area of Responsibility at 0200 hours local time. As of 0400 hours, Betty was located 1,320km east of Central Luzon, moving west-northwest at 25kph. It is expected to maintain its direction over the weekend before turning northwest and slowing down on Monday.

- The fire damage sustained by the iconic Manila Central Post Office building was valued at an estimated 300 million PhP, according to the GSIS.

- PH President Bongbong Marcos rejected a proposal to impose a total deployment ban to Kuwait after the Gulf state suspended the issuance of visas for new Filipino workers.

- The DENR aims to complete the land tilting in Baguio and Cordillera by 2026.

- US House Speaker Kevin McCarthy, a top Republican, says he'll continue to work on a debt deal as both sides of the political spectrum struggle to reach a deal to raise the government's $31.4 trillion debt ceiling before the end of this month. Recently, the US Treasury has extended the debt ceiling deadline until the 5th of June.

- Lloyd's of London has pulled out from the UN-backed climate alliance.

- The US jury says Google owes Sonos $32.5 million in a smart-speaker patent case.

- Credit Suisse was ordered to pay the Georgian billionaire Bidzina Ivanishvili $926 million by a Singapore court in one of the biggest legal awards made against the bank.

- Twitter is not paying its PR firm's bills following Elon Musk's buyout, according to the lawsuit.

- Serbia deployed its troops to the Kosovo border following violent protests.

TTFN.