Before the Philippines’ credit outlook was revised, BSP Governor Eli M. Remolona Jr. had already issued a quiet but telling warning. Monetary policy, he said, had largely “reached the limits of its effectiveness” in supporting growth. What comes next would depend on fiscal action and governance. That warning now finds an echo in the decision of Fitch Ratings to revise the Philippines’ outlook from “Stable” to “Negative,” while affirming its “BBB” investment-grade rating.

The Pre-Trial Chamber 1 of the International Criminal Court “unanimously confirmed” Thursday all charges of crimes against humanity against former president Rodrigo Duterte, a decision that commits the 81-year-old former leader to a full trial in The Hague.

The ICC’s Appeals Chamber, composed of five judges, affirmed by majority vote the Oct. 23 decision of its Pre-Trial Chamber I that the court has legal power over drug war killings committed when the Philippines was still a member of the Rome Statute, the treaty that established the ICC.