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View all search resultsBy bringing fierce regional rivals to the same negotiating table, the BRICS ministerial in New Delhi positions the expanding bloc not as an anti-Western alliance, but as a crucial diplomatic hedging mechanism for a multipolar world.
it remains to be seen whether President Prabowo’s ambitious "single window" export policy will turn Indonesia into a global price maker, or will tight state centralization trigger a historic crisis of market trust.
Beyond negative sentiment related to warning from global index compiler MSCI, global investors have also become more sensitive to concerns surrounding Indonesia’s fiscal resilience, particularly amid rising global energy prices.
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