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Trump nominated Powell as Fed chair during his first presidency. Powell's term as chair ends in May, but he could stay on the Fed's board until 2028.
2 days agoDuring the 2015-2024 period, wages grew by 16.1 percent in compound annual growth rate (CAGR), significantly outpacing productivity per worker, which increased by only 2.4 percent. ...
2 days agoFormer prime minister Kevin Rudd, who departs his post on March 31 to become president of the Asia Society think tank in New York, had sharply criticised Trump while he was out of office. ...
2 days agoThe long-awaited Balikpapan refinery upgrade, beset by multiple delays since the project broke ground in 2018, came onstream on Monday in a ceremony led by the President, with the energy ministry hailing the integrated facility's potential to significantly reduce fuel imports.
2 days agoThe G20 has done exactly what it was set up to do; the problem is that the capitalist financial system is no longer sufficient to address the challenges of today's world.
2 days agoBulgaria has finally completed its full integration into the euro area, a journey that began with its membership of the European Union in 2007. What does the full integration mean for this nature-rich, beautiful country in the Balkans, which borders the Black Sea, and how can this benefit Indonesia?
3 days agoFrom cyberpunk classics to rural dramas, these Japanese Film Festival picks show why the country’s cinema continues to resonate far beyond its borders.
3 days agoThe talks come as Pakistan's defense industry moves forward with a series of defense procurement negotiations, including deals with Libya's National Army and Sudan's army, and looks to establish itself as a sizable regional player.
3 days agoIf Indonesia’s diplomacy remains entrenched in selective silence, the privilege of presiding over the council will devolve into symbolic prestige devoid of impact.
3 days agoScientists warn that shrinking habitat is pushing Indonesia’s iconic raptor closer to extinction.
3 days agoA surge in Japanese shares led Asia higher on Tuesday amid investor bullishness over all things AI, while the cloud of uncertainty over Federal Reserve independence favored gold even as it weighed on the dollar.
3 days agoAmran said illegal imports of agricultural produce not only cause financial losses to the state through unpaid taxes and duties, but also pose a serious threat to the environment and national agriculture by potentially introducing plant diseases.
3 days agoTrumps' actions against Venezuela has turned hegemony into bullyism, and other countries should be asking whether the world really needs the US.
3 days agoJakarta faces an escalating threat from land subsidence, which experts warn could leave parts of the city underwater and cause massive economic losses if aggressive mitigation measures are not implemented
3 days agoThe quasi-corporate approach to direct local elections is fundamentally flawed, as a price cannot be put on the democratic principle of popular sovereignty.
3 days agoGoogle has denied any involvement in the corruption case that centered on a laptop procurement policy at the education ministry between 2019 and 2022, saying it never made use of its ties with former minister Nadiem Makarim to win any government contracts.
3 days agoBy personalizing liability for organizational failure, the new KUHP assigns risk to corporate managers even when they do not control the full set of variables that produce harm.
3 days agoIndonesia entered 2026 with an unusual fiscal blind spot. In the first week of the new year, the State Budget (APBN) 2026 Law had yet to be made publicly available, only appearing on the same day the Finance Ministry released its report on the 2025 APBN performance. More strikingly, Presidential Regulation (Perpres) No. 118/2025, which details the APBN and operationalizes the budget, has yet to surface at all.
3 days agoSince its launch, the program has been plagued by a series of food safety incidents, with more than 15,000 students reported to have suffered food poisoning between January and November last year.
3 days agoDisplaced children are turning to begging on the streets amid limited aid, often with their parents' permission, potentially leading to their long-term mental and developmental harm.
3 days agoThe Indonesian Democratic Party of Struggle (PDI-P) has become the only party to formally oppose scrapping direct regional elections in the House of Representatives, pushing back against the ruling coalition’s plan while acknowledging the need to curb soaring election costs by other effective means.
3 days agoWithout a massive increase in investment, our economy will diverge further from the National Medium-Term Development Plan road map, which envisions a gradual increase in gross domestic product growth from 5.3 percent in 2025 to 8 percent in 2029.
3 days agoThe retail sales index was projected to climb to 231.7 points in December while the consumer confidence index dropped slightly to 123.5 points.
3 days agoAll 386 registered Indonesians in Iran, most of them students based in the cities of Qom and Isfahan, remain safe, according to a ministry statement issued on Monday.
3 days agoThe low-cost carrier's local branch is set to operate the new route connecting Bali and Vietnam four times weekly from mid-March as part of its strategy to expand regional connectivity.
3 days ago"The Islamic Republic of Iran is not seeking war but is fully prepared for war," Foreign Minister Abbas Araghchi told a conference of foreign ambassadors in Tehran broadcast by state TV. "We are also ready for negotiations but these negotiations should be fair, with equal rights and based on mutual respect."
3 days agoA report from property consultancy Colliers Indonesia shows that only around 2200 units were added to the apartment supply in the capital last year, marking a significant drop from some 4,000 new units that had entered the market in 2024.
3 days agoMorning commuters faced flooded roads and transit disruptions in and around the capital on Monday due to heavy rainfall.
3 days agoThe installation of solar cells is a realistic solution for lighting in South Papua, which is still dependent on diesel generators due to a limited electricity network in the province.
3 days agoTwo-wheeler sales, meanwhile, reached 6.4 million units last year, marking a 1.3 percent rise from the year before.
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