Loading…
VERA Files fact-checked a viral Facebook post linking the Liberal Party to P300 million worth of smuggled rice seized in Bulacan warehouses. The Bureau of Customs seized about 125,000 sacks on September 12, but reports did not mention any political involvement.
Rice smuggling and shortages in the Philippines have prompted extra import allowances, which affects Asian rice trade flows, but this article is a political fact check with limited price impact.
verafiles.orgVERA FILESSep 28, 2018After 70 past neutral trade events, Rough Rice moved a median +0.2% over 5 sessions (51% higher; middle half -1.3% to +1.9%), and +1.3% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
