Section: Indonesia
Asian stocks fall, China rises on stimulus hopes
Asian stocks slid Tuesday as further weakness in oil prices and the slumping Russian ruble helped extend the global market rout. China’s benchmark rose after poor factory data fueled hopes of more stimulus.KEEPING SCORE: Japan’s benchmark Nikkei 225 index tumbled 1.9 percent to 16,774.92 and South Korea’s Kospi lost 0.4 percent...
US lawmakers press Obama to back Russian sanctions
Republicans and Democrats spoke with one voice on Monday in pressing President Barack Obama to sign legislation that would slap new sanctions on Russia while providing weapons and other assistance to Ukraine.The widely popular legislation cleared Congress late Saturday, but the White House has remained non-committal about whether Obama will sign...
Ambassador calls for a ‘balanced decision’ for Total E&P Indonesie
Corinne Breuzé. JP/Arnaud Richard-FerraroFrench Ambassador to Indonesia, Timor Leste and ASEAN Corinne Breuzé received The Jakarta Post’s intern Arnaud Richard-Ferraro in France’s new embassy in Jakarta. She elaborated on the presence of France in Indonesia. Here is an excerpt:Question: Could you explain the state of bilateral...
Bank of Russia hikes rate to aid sinking currency
The Bank of Russia has drastically raised its key interest rate to 17 percent from 10.5 percent to try to boost its currency, which has been plunging along with oil prices.The moves comes after the ruble has shed roughly 50 percent of its value since January, battered by Western sanctions imposed over the conflict in Ukraine and a huge drop in...
Modi to Putin: Russia to Stay India’s Top Defense Partner
Indian Prime Minister Narendra Modi told President Vladimir Putin on Thursday that Russia will remain India’s top defense supplier, even though New Delhi’s options had improved since the end of the Cold War. Modi spoke after a one-day summit that sought to revive a relationship that peaked in the Soviet era, while the two sides signed...
Gorbachev urges US and EU to “defrost relations” with Rusia
The last Soviet leader Mikhail Gorbachev on Tuesday urged the United States and the European Union to “defrost” relations with Moscow despite tensions over Ukraine. The 83-year-old said in an article published in state daily … …read more Source: ANTARA...
Ukraine president urges Russia to withdraw troops
Australia pledged its support for Ukraine during a visit by the nation’s president on Thursday, with Australia’s prime minister calling for an end to the bloody conflict in Eastern Europe and Ukraine’s leader urging Russia to withdraw.Australian Prime Minister Tony Abbott, a sharp critic of Russia since Malaysia Airlines Flight...
Record Numbers Trying and Dying to Reach Europe: UN
Geneva. More than 3,400 people have died in the Mediterranean this year trying to reach Europe, the UN refugee agency said Wednesday, urging governments to take more action to save lives. More than 207,000 people have made the risky sea crossing since January, almost three times the previous high of 70,000 during the Libyan civil war in 2011, the...
UN predicts increased global economic growth
The global economy will grow by more than 3 percent in 2015 and 2016, the United Nations predicted Wednesday, but that growth will be uneven in some regions.The U.N.’s annual economic report says growth edged up in 2014 at an estimated 2.6 percent.The U.N. is forecasting 3.1 percent economic growth in 2015 and 3.3 percent growth in 2016.The...
MH17 Wreckage Arrives in Netherlands
The Hague. A convoy carrying wreckage from Malaysia Airlines flight MH17 arrived in the Netherlands on Tuesday on its way to a Dutch air force base where the doomed plane will be reconstructed. Dutch national broadcaster NOS showed eight trucks carrying wreckage crossing the border with Germany overnight, before heading to a southern air base...
