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PHILIPPINES PERSPECTIVE
THE OIL SHOCK HITS ASIA: RATIONING, CURFEWS, AND FREE PUBLIC TRANSPORT
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DOMINANT ANGLE
The Covid reflex returns: third Bayanihan for a crisis caused by a distant war
ANALYSIS
The energy crisis hits the Philippines down to local festivals: Tayabas City cancels its Easter celebration 'Tayabasaan' due to the energy crisis -- a signal the shock reaches rural community life. The Inquirer reports Senator Ejercito welcoming Iran's 'safe passage' pledge for Filipino vessels at Hormuz -- OFW (overseas Filipino workers) on merchant ships are a national concern. Rappler details legislative responses: President Marcos Jr signed a law allowing him to suspend fuel taxes, Congress prepares 'Bayanihan 3' -- the third crisis package after Covid. Representative Quimbo calls for a 'comprehensive legislative response' including aid for affected sectors. Senator Legarda prepares a framework bill. The Philippines relives the Covid reflex: emergency packages, targeted subsidies, transport aid. The difference is this crisis doesn't come from a virus but from a war 8,000 kilometers away -- and the virus had a foreseeable end, the war doesn't.
KEY POINTS
- Tayabas cancels Easter celebration due to energy crisis -- shock reaches rural festivals
- Congress prepares Bayanihan 3 -- third crisis package after Covid ones
- Iran's safe passage pledge for Filipino ships is welcomed -- OFW are a priority
COGNITIVE BIASES IDENTIFIED
OFW as prism: the crisis is read through the impact on overseas workers
Legislative populism: every crisis produces an emergency package with a catchy name
US alliance unquestioned despite the American war causing the crisis
SOURCES (2)
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