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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.
Guest essay by Eric Worrall
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.’’
“Suridi showed no remorse in the court room.”
Why should he? He believes he has done a great deed for Allah, and will be rewarded in Paradise.
An Indonesian court on Thursday sentenced an Islamic militant to 10 years in prison for his involvement in a suicide bombing and gun attack in the capital Jakarta earlier this year.
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.
A 7.8 magnitude earthquake has struck off the coast of Indonesia, killing an unconfirmed number of people. The country has issued a tsunami warning, the National Meteorological Agency reported.
The shallow quake led to multiple deaths, according to Indonesia’s search and rescue agency.