Philippines’ Marcos maintains huge lead in presidential election with 61% votes counted

Philippines’ Marcos maintains huge lead in presidential election with 61% votes counted


Presidential aspirant Ferdinand “Bongbong” Marcos Jr., the son and namesake of the late dictator, waves after casting his vote in the 2022 national elections at Mariano Marcos Memorial Elementary School in Batac, Ilocos Norte, Philippines, May 9, 2022. 

Eloisa Lopez | Reuters

Ferdinand Marcos Jr. on Monday retained his wide lead in the tally of votes in the Philippines presidential election with 61% of eligible ballots counted, unofficial data from the poll body showed.

Marcos, the son and namesake of the notorious late dictator who ruled the country for 20 years, had 20 million votes, more than double the 9.49 million of rival Vice President Leni Robredo, according to a live unofficial count by the Commission on Elections (COMELEC).

The big early lead raises the prospect of a once-unthinkable return to the rule of the Marcos family, 36 years after its patriarch’s overthrow in a “people power” revolution and his family’s humiliating retreat into exile.

It closely tracks the outcome of all opinion polls this year, which showed Marcos, a former senator and congressman, with a huge advantage over Robredo, who is allied with the movement that toppled the Marcos dictatorship in 1986.

Despite its fall from grace, the Marcos family returned from exile in the 1990s and has since been a powerful force in politics, retaining its influence with vast wealth and far-reaching connections.

The vote was also a chance for Marcos to avenge his loss to Robredo in the 2016 vice presidential election, a narrow defeat by just 200,000 votes that he sought unsuccessfully to overturn.

Marcos has presented no real policy platform but his presidency is expected to provide continuity with outgoing leader Rodrigo Duterte, whose ruthless, strongman approach proved popular and helped him to consolidate power rapidly.



Source

European Central Bank trims interest rates after inflation dips below target
World

European Central Bank trims interest rates after inflation dips below target

The European Central Bank on Thursday announced a 25-basis-point interest rate trim and lowered its inflation expectations on the back of a stronger euro and lower energy costs. This takes the deposit facility rate to 2%, down from a mid-2023 high of 4%. Ahead of the announcement, traders had been pricing in an almost 99% […]

Read More
Like it or not, NATO’s hitting a 5% defense spending target, U.S. says
World

Like it or not, NATO’s hitting a 5% defense spending target, U.S. says

U.S. Secretary of Defence Pete Hegseth attends the meeting of North Atlantic Council defence ministers during the NATO defence ministers’ meeting at the NATO headquarters on June 05, 2025 in Brussels, Belgium. Omar Havana | Getty Images News | Getty Images A higher defense spending target for NATO members is looking likely, as the alliance […]

Read More
Stock futures are little changed after Dow snaps four-day winning run: Live updates
World

Stock futures are little changed after Dow snaps four-day winning run: Live updates

Traders work at the New York Stock Exchange on June 4, 2025. NYSE Stock futures were little changed Thursday after the Dow Jones Industrial Average snapped a four-day win streak. Futures tied to the Dow edged 58 points higher, or 0.1%. S&P 500 futures gained 0.1% along with Nasdaq-100 futures. The Dow slid 0.22% on […]

Read More