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Philippines successfully conducts resupply through disputed sea under new deal

July 28, 2024

Matthew Kendrick

FILE PHOTO: Philippine Marines fold a Philippine national flag during a flag retreat at the BRP Sierra Madre, a marooned transport ship in the disputed Second Thomas Shoal, part of the Spratly Islands in the South China Sea, March 29, 2014.

REUTERS/Erik De Castro/File Photo

On Saturday, Filipino vessels carried food and supplies to the Second Thomas Shoal, a disputed atoll in the South China Sea that has been the source of severely strained relations with Beijing in recent months. Manila deliberately beached a ship called the Sierra Madre on the Second Thomas Shoal in 1997 to effectively control it and now must regularly resupply Marines based there.

The mission represents an early success for the recently signed deal between China and the Philippines intended to cool temperatures in the region and preserve the status quo through better coordination and communication.

Manila and Beijing’s coastguards reportedly communicated about the mission in advance, and Chinese ships did not shadow or intercept the Filipinos as in past attempted resupply missions.

While details about the deal have not been made public, both sides passed the first test with flying colors. Confrontations between Manila and Beijing had been posing a serious risk of escalation – and such encounters could spiral quickly given the longstanding mutual defense treaty between the US and the Philippines.

US Secretary of State Antony Blinken applauded the peaceful coordination and said the US “[expects] to see that it continues going forward.”

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When a country hits rock bottom financially, the International Monetary Fund is meant to step in with funds to stabilize the economy without damaging its society — or the gender gap. But studies show that these programs often push women out of work at a disproportionate rate to men as the economy contracts. Matthew Kendrick reports from the World Bank-IMF Annual Meetings on a push to build more equitable programs.

North Korean troops move into Russia’s border area with Ukraine

Russia's President Vladimir Putin and North Korea's leader Kim Jong Un attend a farewell ceremony before Putin's departure at an airport in Pyongyang, North Korea June 19, 2024.

Gavriil Grigorov/Reuters

Kyiv says that roughly 12,000 North Korean troops are in Russia, a far greater number than reported by the US, though it remains unclear precisely how many have entered what Ukraine referred to as the “combat zone.”

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(photo by Yoshio Tsunoda/AFLO)

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Global economy at risk if Middle East conflict expands, says World Bank's Ayhan Kose

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While the global economy shows signs of growth and decreasing inflation, the near future involves risks, including the escalation in the Middle East impacting oil prices, strained China-US relations, and an increasingly challenging tariff and trade environment, said Ayhan Kose, World Bank Deputy Chief Economist. He discussed the geopolitical tensions influencing the global economy with GZERO's Tony Maciulis at the IMF and World Bank Annual Meetings in Washington, DC, in a GZERO Global Stage interview.

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Philippines successfully conducts resupply through disputed sea under new deal

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