We officially have a new definition ot “thin-skinned”.
In what may be one of the most dramatic retaliations to a downgrade report, Indonesia’s government said it has terminated all business partnerships with JPMorgan Chase after the U.S. bank downgraded its outlook on stocks in Southeast Asia’s largest economy. The finance ministry announced it would stop using JPMorgan as a primary dealer and as an underwriter of its sovereign bonds, Robert Pakpahan, the ministry’s director-general for budget financing and risk management told reporters in Jakarta on Tuesday. The reason: Pakpahan said a November research report issued by the bank was not “accurate or credible.”
Indonesian President Joko Widodo sought to ease tension in the world’s most populous Muslim nation by appearing at a rally of more than 150,000 people seeking to jail Jakarta’s Christian governor, an ally of his, over blasphemy allegations.
The president, also known as Jokowi, along with his deputy Jusuf Kalla, joined the mass gathering for Friday prayers around the National Monument in Jakarta and appealed for calm. The police detained about 10 activists ahead of the protest, including eight on alleged treason charges, Rikwanto, a national police spokesman, said in a televised address.
h/t JoNova – According to BP, Indonesia’s coal consumption has doubled since 2010, promoting coal to be the largest source of Indonesian energy.
Indonesia’s coal consumption remains high: BP
The BP Statistical Review 2016 revealed on Wednesday that Indonesia’s coal consumption had doubled since 2010. Last year, coal became the country’s dominant source of fuel, accounting for 41 percent of total energy consumption.
JARKARTA: The biggest street protest in years shook this sprawling capital today in a stark display of the more conservative, militant strain of Islam taking hold in the world’s largest Muslim country. (Which Hillary Clinton has called a “shining example of a ‘moderate’ Islamic country”)
WSJ Police said an estimated 100,000 people turned out for a rally called by hard-line Muslim groups against the capital’s Christian governor, whom they accuse of having committed blasphemy. Blasphemy is a criminal offense in Indonesia and prosecutions have increased in the past decade.
President Joko Widodo had met with other political leaders amid calls for calm, but critics say he has been too slow since taking office in 2014 to respond to worsening tension for fear of being labeled anti-Muslim. “Religiosity is rising, especially among the middle class,” said Yon Machmudi, an Islamic politics expert at the University of Indonesia. “A sense of identification is increasing.’’
Indonesian President Joko Widodo has defended the introduction of chemical castration for paedophiles, saying there can be “no compromise” when it comes to tackling sex crimes.Chemical castration involves using drugs to reduce libido and sex drive.
Mr Widodo introduced a series of tough punishments for child sex offenders in May through an emergency decree, including chemical castration and the death penalty, following an outcry over the fatal gang-rape of a schoolgirl.
On Monday we laid out the rather dire road ahead for the world’s emerging economies in the face of China’s entry into the global currency wars. The path ahead is riddled with exported deflation and decreased trade competitiveness for a whole host of emerging economies [and] all of this is set against a backdrop of declining global growth and trade, a trend which many had assumed was merely cyclical, but which in fact may prove to be structural and endemic.” Well don’t look now, but trade just collapsed for Indonesia as exports and imports plunged 19.2% and 28.4% (more than double to consensus estimate), respectively in July. Meanwhile, the rupiah is sitting near multi-decade lows.
Effusion of viscous lava continues at slow pace to feed the lava dome with two active lobes on the SE and E upper flanks of Indonesian Sinabung volcano.
At 12:22 local time today, a small part of the eastern lobe collapsed into a medium-sized pyroclastic flow that traveled approximately 2.5 km (1.55 miles) towards the outskirts of the (already evacuated and destroyed) villages of Bekerah and Simacem, Volcano Discovery reports.
Video courtesy of Ingrid Smet / Volcano Discovery.
During July 18 to 19, BNPB reported pyroclastic flows traveled 2.5 -3 km (1.86 miles) E and SE, ash plumes rose as high as 1 km (0.62 miles), and lava was active as far as 1.5 km (0.93 miles) SE. Seismicity was high and the lava dome continued to extrude.
According to The China People’s Daily, Indonesia has just sank a large Chinese vessel and 40 other foreign ships caught fishing in The South China Sea. AP confirms that Indonesian authorities blew up and sank the 41 vessels… which seems like something that might just lead to some serious escalation if true…
People carry their belongings as they escape flood waters from heavy seasonal rains on a street in Dayeuhkolot, West Java, December 23, 2014 – photo Antara Foto. About 100,000 people in affected regions of Indonesia’s West and Central Java had to leave their homes.
MOUNT SINABUNG, Indonesia — An Indonesian volcano that has been rumbling for months unleashed a major eruption on Saturday, killing 14 people just a day after the authorities allowed thousands of villagers who had been evacuated to return to its slopes, saying that activity was decreasing, officials said.
About 15% of the world’s gold is produced by artisanal and small-scale miners, most of whom use mercury to extract it from the earth. In Indonesia, the industry supports some three million people – but the miners risk poisoning themselves, their children and the land.
In this session of IAEA, researcher Aoyama from Japan Meteorological Research Institute reported Cesium-137 discharged from Fukushima nuclear plant travels to the east in the Pacific. Then it comes back to the offshore of Philippines and Indonesia.After it moves to the east in the Pacific again around the equator, it comes down to Tasman sea. The contaminated water current is estimated to come to the east coast of Australia and Papua New Guinea in 0~200m depth of the sea.
This simulation is based on the the pathway of weapons tests deprived Cs-137 in the North Pacific ocean.