President Rodrigo Duterte declared that he would continue to shift the Philippines toward China despite Donald Trump’s victory. At an briefing in Davao, Duterte said that while the U.S. would remain a friend and ally, the Philippines’ foreign policy was now geared toward China and the Association of Southeast Asian Nations. Source Bloomberg
The U.S. Department of Energy (DOE) is offering 11 million barrels of oil for sale from the nation’s Strategic Petroleum Reserve (SPR) ahead of sanctions on Iran that are expected to reduce global supplies of crude. Source: Reuters
The number of Venezuelans entering Brazil is rising, officials say, despite Saturday’s attacks on makeshift migrant border camps. Source: BBC
Taiwan lost another ally to Beijing on Tuesday when diplomatic ties with El Salvador were severed, as China presses the remaining nations with diplomatic links to Taipei to end them. Source: France24
