Dark clouds ahead

THE Philippines is riding high these days, first with the successful hosting of the Asean summit and second with the higher than expected economic growth rate of 6.9 percent in the third quarter. But even as the country relishes the good news, its leaders better keep an eye on what lies ahead.

There are probably at least three threats abroad that need attention because of their likely impact on the domestic economy— the development of artificial intelligence, the political situation in Saudi Arabia, and closer to home, the nuclear threat from North Korea.