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https://www.bbc.com/news/world-asia-61212659 His father was a ruthless dictator. His mother gained international notoriety for her massive collection of shoes. So how is 64-year-old Ferdinand Marcos Jr, more commonly known by his nickname Bongbong, the frontrunner to be the next president of the Philippines when the country votes on 9 May? The answer lies in an intriguing web made up of dynastic politics, loyalties going back generations and social media mani[CENSORED]tion. A golden crown and a white stallion In the Marcos stronghold of llocos Norte sits an impressive colonial Spanish-era style building - the Malacañang of the North. The original Malacañang palace - the official home to the Philippines' president, sits hundreds of miles away in the capital Manila - but this particular building was gifted to the family by the Philippine Tourism Authority when Ferdinand Marcos ruled the country in the 1960s. Now open to the public, it is a shrine to his family. Supporters take selfies next to regal portraits of Ferdinand and his wife Imelda Marcos and explore the rooms they once lived in. Inside Bongbong's childhood room, hanging next to an ornate four-poster bed, is an extraordinary portrait of the would-be-leader. Bongbong, wearing a golden crown, rides on a white stallion through the clouds. In one hand he carries the Philippine flag, in the other a bible. A psalm reference in the corner of the painting helps decode the imagery - Apo 21:1 a revelation that describes an angel flying over the holy, walled city of Jerusalem. Deposed in a people's power revolution in 1986, the Marcos family became globally synonymous with corruption. Independent reporting and court documents offer irrefutable proof of the massive excesses and human rights abuses during their rule. When revolutionaries stormed the Presidential palace, they found fantastical oil portraits of the family, a jacuzzi with gold-plated fixtures, 15 mink coats, 508 couture gowns, and most memorably - more than 3,000 pairs of Mrs Marcos' designer shoes. But now, Bongbong is the frontrunner to be the country's next president - and as his campaign gathers steam, his supporters have been casting doubt on these facts. The controversial candidates for Philippines president His opponents say this is because social media has been used to sow disinformation and whitewash history, an allegation the Marcos family deny. But for years, Facebook has been awash with propaganda posts and anonymous accounts defending the Marcos family legacy. This mani[CENSORED]tion of the past has been so widespread that people parrot misinformation with absolute conviction. The common theme is that Marcos's tyrannical rule was actually a "golden period" for the country - despite the inconvenient truth that the economy was on the brink, heavily in debt to foreign banks. Loyalty and legacy Jesus Bautista, 71, from the capital Manila is a staunch Bongbong supporter. Mr Bautista used to scavenge at a mountain of rubbish called "Smokey Mountain" - after the time combustible materials in the waste would catch fire, and billow smoke. In 1983 he was offered a full-time job and pension with the city's traffic enforcers.

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Elon Musk has been warned he must protect Twitter users from harmful content after he struck a $44bn deal to buy the social media giant. The billionaire vowed to relax content restrictions, sparking fears from human rights groups it could lead to a rise in bullying and misinformation. "Regardless of ownership, all social media platforms must be responsible," Boris Johnson's spokesman said. The European Commission also warned Mr Musk that he must protect users. "Be it cars or social media, any company operating in Europe needs to comply with our rules - regardless of their shareholding," Thierry Breton, commissioner for the internal market at the EU executive, warned in a tweet. The European Union has said its new online rules will "overhaul" the digital market, including how tech giants operate. Once they come into force, there will need to be greater transparency around why content is recommended to users, or why they are being targeted with certain ads, for example. 'Bedrock of democracy' Mr Musk, who is a self-described "free speech absolutist", has been vocal in his criticism of Twitter's policies on moderating content, arguing that it needs to be a genuine forum for free speech. "Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated," he said on announcing the deal. The social media firm faces growing pressure from politicians and regulators over the content that appears on its platform. It has drawn critics from left and right over its efforts to mediate misinformation. In one of its most high-profile moves, last year it banned former US President Donald Trump, perhaps its most powerful user, citing the risk of "incitement of violence". But in a series of tweets Twitter founder Jack Dorsey, who still sits on the firm's board, welcomed Mr Musk's takeover, describing him as "the singular solution I trust". He said the firm had been "owned" by Wall Street and that Mr Musk's decision to delist the shares and take it private was the "correct first step". Twitter "will continue to serve the public conversation", he said, but added he did not believe "anyone should own or run Twitter". But in a Twitter thread, Amnesty International said: "We are concerned with any steps that Twitter might take to erode enforcement of the policies and mechanisms designed to protect users. "The last thing we need is a Twitter that wilfully turns a blind eye to violent and abusive speech against users, particularly those most disproportionately impacted, including women, non-binary persons, and others." https://www.bbc.com/news/business-61225355

The Federal Reserve announced today it would raise benchmark interest rates by a quarter percentage point with the aim of counteracting the effects of inflation. CEI Senior Fellow Ryan Young said: “Inflation happens when the money supply grows faster than real economic output. The wider the gap, the higher the inflation rate. The Fed has by far the most control over the money supply, so fighting inflation is on its shoulders far more than on Congress or President Biden’s. “The Fed should have started acting months ago to stem inflation. And it needs to take more action than raising the federal funds rate by a quarter of a percentage point. Its massive bond buying program is finally due to wind down this month, which has directly added several trillion dollars to the money supply. This has had more impact than its interest rate policy, which affects the money supply only indirectly. “The Fed can ease fears of further inflation by credibly committing not to embark on another bond-buying spree, and continuing to raise the federal funds rate throughout the year. Inflation expectations play a role in how companies set their prices, so easing these fears by itself can help keep prices in check. Congress and President Biden can also help fight inflation by spending less. This would make life easier for both the Fed and taxpayers.” https://cei.org/news_releases/in-order-to-counter-inflation-federal-reserve-should-end-bond-buying-spree/

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The AT35, which is based on Isuzu’s range-topping D-Max V-Cross, is offered in just one trim but with the choice of two gearboxes: manual at £47,999 or automatic at £49,999. This is paired with a 162bhp turbocharged diesel engine, which can deliver up to 266lb ft of torque and is the same powerplant found in all D-Max models. Yet this is where the similarities with the V-Cross end. Off-road specialist Arctic Trucks has given the truck an overhaul, which the firm says will allow it to “handle the most challenging landscapes with ease”. This kit includes fat, 35in all-terrain tyres (which is where the truck got its name), 17in black alloy wheels and Bilstein performance suspension, which includes bespoke springs and dampers at the front, an adjustable anti-roll bar and extended shackles at the rear. The truck also gets extra-wide arch extensions, and additional clearance at both the front and rear. Inside, there are Arctic Trucks-branded headrests and floor mats, with the seats trimmed in leather as standard, plus a 9.0in touchscreen infotainment system with Apple CarPlay and Android Auto. Dual-zone climate control, automatic windscreen wipers and an HDMI port are also standard. Isuzu UK managing director William Brown said: “This new halo model for the Isuzu range really demonstrates how adaptable and versatile the D-Max platform is, and with the AT35 we showcase how inspiring and extreme the vehicle can be, while importantly retaining the full commercial vehicle status, with no compromise to payload or towing capacity.” Brown added that the AT35 will be covered by Isuzu’s five-year/125,000-mile warranty. Peter Smith, managing director of Arctic Trucks UK, said: “We are delighted to finally be able to bring the all-new Isuzu D-Max Arctic Trucks AT35 to the market. “We are very proud of what we have developed together with Isuzu UK on this latest-generation D-Max, which is undoubtedly the best yet.” As well as structural upgrades, the D-Max receives added safety features such as forward collision warning, lane keeping assistance and automatic emergency braking, helping it achieve the highest score in the latest Euro NCAP safety tests. Other features include traffic sign recognition, cruise control, a rear camera and parking sensors. https://www.autocar.co.uk/car-news/new-cars/new-2022-isuzu-d-max-at35-priced-£47999

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Sports Mercedes-AMG has added two special edition packages to its line-up to celebrate 55 years since the inception of the performance brand. The Mercedes-AMG A35 and Mercedes-AMG CLA 35 can both now be ordered with an Edition 55 package, which adds a unique design and upgraded standard equipment. Both cars are equipped with an AMG aerodynamics package as standard, which the firm says improves driving dynamics and performance. It includes a new front apron, an enlarged front splitter and a large rear wing. Side spoiler lips add further to the sporty look of the hatchback and four-door coupé. The two cars are also fitted with the top-rung Night Package, which adds gloss black trim to the front splitter, trim elements, exterior mirrors, outer air intakes and window sills. The tailpipes are also finished in black, as are the wings, bootlid, front grille and model badges. Under the skin, both models are unchanged, using a turbocharged 2.0-litre four-cylinder petrol engine that produces 302bhp and 295lb ft. Two paint colours are available – Cosmos Black Metallic and Digital White Metallic – and both special editions sit on a set of 19in alloy wheels finished in grey. The cabin is decorated with a combination of black and red leather and the steering wheel is finished with microfibre.

https://www.bbc.com/news/world-europe-61166601 Four days before France votes on its next president, the two remaining candidates go head to head in their only televised debate. Far-right leader Marine Le Pen has fallen behind Emmanuel Macron in the opinion polls but millions of voters are still undecided. For two and a half hours they will take part in Wednesday night's duel in the hope of gaining an advantage. Mr Macron emerged as clear winner in 2017 and went on to become president. Although he won the first round of the vote 10 days ago, more than half of the electorate backed either far-right or far-left candidates. The burning issue for voters has been France's spiralling cost of living and that is bound to play a big part in the debate, broadcast on the two biggest TV networks. It has also been a successful focus of Marine Le Pen's campaign. Televised confrontations between the top two candidates have been a highlight of French presidential elections for almost five decades. The last debate attracted 16.5 million viewers so it could play a crucial role with undecided voters. The TV duels have proved most decisive when the polls are close. In 1974, conservative Valéry Giscard d'Estaing went on to beat Socialist François Mitterrand after performing well in their debate. Mitterrand did better in the rematch in 1981 and won the run-off vote. And this is the first time since then that the same candidates square off in two consecutive elections. The 2017 debate was a disaster for Ms Le Pen, who appeared exhausted and unfocused in front of a confident and articulate Emmanuel Macron. He was already well ahead in the polls and trounced his far-right opponent by securing two-thirds of the vote. This time around it will be a much closer race and a strong performance by Ms Le Pen could win over a big section of undecided voters. She has halted her campaign since Monday to concentrate on the debate and her rival may not have the easy ride of five years ago.

https://www.bbc.com/news/business-61163546 A Russian oligarch has lambasted the country's "massacre" in Ukraine and called for an end to the "crazy war". Oleg Tinkov wrote in a profanity-littered Instagram post that he did not see "any beneficiary" of the conflict. Mr Tinkov is one of Russia's most well-known entrepreneurs and founded the global online bank Tinkoff Bank and owned the cycling team Tinkoff-Saxo. He is also one of the most high profile Russians to publicly condemn President Vladimir Putin's actions. Two of the country's most prominent oligarchs Mikhail Fridman and Oleg Deripaska have made separate calls for peace, but have stopped short of direct criticism. Mr Fridman, a billionaire banker, has said any personal remarks could be a risk not just to himself but also staff and colleagues. However, the businessman Boris Mints, who worked for the Russian government in the 1990s but was discharged of his political roles four days after Mr Putin took office, has joined Mr Tinkov in voicing direct criticism of the president. Mr Mints, who lives in the UK, is the subject of current legal action by the Kremlin. He told the BBC "every right-thinking person has a duty to speak out against this appalling war and Vladimir Putin's growing authoritarianism". "All of us must do what we can to support Ukrainians suffering from this vicious onslaught, whether in Ukraine or as refugees beyond its borders," he added. Who are the mega-rich Russians facing sanctions? The UK government has sanctioned Mr Tinkov along with many other Russians identified as having close links to the Kremlim. Mr Mints has not been sanctioned. Warning: This story contains language some may find offensive. Mr Tinkov has previously denied having any close relationship with President Putin or the Kremlin. In his Instagram post, Mr Tinkov said 90% of Russians were against the war in Ukraine and added "morons in any country are 10%". "I don't see a SINGLE beneficiary of this insane war! Innocent people and soldiers are dying," Mr Tinkov added. "Waking up with a hangover, the generals realised that they have a shit army. "And how will the army be good, if everything else in the country is shitty and mired in nepotism, sycophancy and servility?" Before Russia invaded Ukraine in late February, Mr Tinkov's wealth had been estimated at more than $4.4bn (£3.4bn). But he has since lost his billionaire status as shares in his bank have plummeted, Forbes reported last month. Switching to English in his post, Mr Tinkov wrote: "Dear 'collective West' please give Mr Putin a clear exit to save his face and stop this massacre. Please be more rational and humanitarian." In a statement, Tinkoff Bank said it would not comment on the "private opinion" of its founder, who stepped down as chairman in 2020, saying he no longer made decisions for the brand started in 2006. Mr Tinkov, who is not currently in Russia, owns about 35% of Cyprus-based TCS Group Holding, whose stable of companies under the Tinkoff brand span sectors from banking and insurance to mobile services. He has been described as a "serial entrepreneur" whose career has seen him go from bike racing, to importing electronics, flogging frozen food, brewing beer, issuing credit cards and then back to bike racing as owner of cycling's Tinkoff-Saxo team.

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