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Trump Tariffs Pushing Global Economy to the Damage

JAKARTA (TheInsiderStories) - The global economy is closer to the damage after the United States (US) President Donald Trump revved up his global trade...

The Global Economy Downward Pressure has Eased

JAKARTA (TheInsiderStories) - The past month has seen some relief in the unrelentingly downbeat news on the global economy. There seems to be an uneasy cessation...

Global GDP Shrinks, ICP Declines to US$59.82 in October

JAKARTA (TheInsiderStories) -  Indonesian government set the Indonesian Crude Price (ICP) in October 2019 at US$59.82 a barrel followed the downtrend of global economic growth...

Indonesia’s Forex Reserves Rises to US$126.7B in October 2019

JAKARTA (TheInsiderStories) - Indonesia' foreign exchange (forex) reserves amounted to US$126.7 billion at the end of October 2019, said the central bank on Thursday...

BI Prepares Various Strategies to Drive the Economic Growth

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) is preparing various strategies to get out of the adverse effects of the unconducive global economy conditions, said...

Bank Indonesia Makes Fourth Straight Cut in 2019

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) make a fourth straight cut during this year, after decided cut the BI 7-Days Reverse Repo rate (BI-7DRR)...

Nasution Assesses US – China Trade Disputes Flatten

JAKARTA (TheInsiderStories) - Indonesian coordinating minister for economic affairs Darmin Nasution rated the trade dispute between United States (US) and China has been calmed after...

IMF, World Bank Warns of Worsening Global Economy

JAKARTA (TheInsiderStories) - The new leaders of the World Bank and International Monetary Fund (IMF) warned in twin speeches of worsening global economic outlook, just a...

Indonesia’s Deficit Potential Widens to 1.93% This Year

JAKARTA (TheInsiderStories) - Indonesian deficit has potential to widened to 1.93 percent of gross domestic products (GDP) in 2019, amid the shortfall of tax revenue...

Insight: Trade War, Oil Market Disruption Increases the Risk of Recession

JAKARTA (TheInsiderStories) - August saw another intensification of the trade conflict between the United States (US) and China. Then, in mid-September, the attack on Saudi Arabian...

IMF: Tariff War Lowering Global GDP by 0.8% in 2020

JAKARTA (TheInsiderStories) - The International Monetary Fund (IMF) sees tariffs imposed by the United States (US) and China could shave 0.8 percent off global...

Indonesia Planning to Cut Red Tape to Win More Investors

JAKARTA (TheInsiderStories) - Indonesian President Joko Widodo asked his ministers to immediately cut the red tape to attract more investment enter the country. For...

Indrawati Sees the Potential Second Damage from US-China Trade War

JAKARTA (TheInsiderStories) - Indonesia' finance minister rated that the global economy could be hit by a second wave of damage from the United States (US)...

Insight: Taming the Currency Hype

JAKARTA (TheInsiderStories) - Escalating trade tensions are taking a toll on the global economy and are partly responsible for the recent downward revisions to...

Global Economy: Heightened Danger, Increased Policy Stimulus

JAKARTA (TheInsiderStories) - The past month has brought its fair share of good and bad news. The United States (US) Federal Reserve cut interest...

Morning Briefing: US – China Getting Fiercer, Financial Market is Battered

JAKARTA (TheInsiderStories) - Most of financial market in the world plummeted after China struck back United States (US) President Donald Trump' threatened to impose another...

G20 Summit: Leaders Call to Fend Off Threats to Economic Growth

JAKARTA (TheInsiderStories) - World leaders at Group of 20 (G-20) Summit in Japan are clashing over the values that have served for decades as...

WTO Report Shows G20 Trade Restrictions Historically High

JAKARTA (TheInsiderStories) - Trade coverage on imports among Group of 20 (G-20) countries -including tariffs, import bans, and new customs procedures -topped US$336 billion...

Insight: US Monetary Policy’s Effect to the Global Economy

JAKARTA (TheInsiderStories) - The global economy has move to its slowest pace in three years time. While, international trade and investment have been weaker...

G20 Agrees to Collect Tax from Tech Companies

JAKARTA (TheInsiderStories)- The Group of 20 (G20) minister of finance aimed to collect taxes from giant tech companies like Google and Facebook, according to a...

G20 Economic Leader Vows to Deal with Trade War Risk

JAKARTA (TheInsiderStories) - Finance ministers and central bankers from the Group of 20 (G20) agreed to address global trade and geopolitical tensions, which show no signs...

World Bank: Global Growth to Weaken to 2.6% in 2019

JAKARTA (TheInsidesStories) — Global economic growth is forecast to ease to a weaker-than-expected 2.6 percent in 2019 before inching up to 2.7 percent in 2020,...

Singapore Topples United States as World’s Most Competitive Economy

JAKARTA (TheInsiderStories) – International Institute for Management Development (IMD) places Singapore as the most competitive economy in the world for the first time since...

PBoC Warns Trade Friction Could Harm Global Economy

JAKARTA (TheInsiderStories) – People's Bank of China (PBoC) warned that uncertainty caused by friction and trade tensions between the United States (US) and China...

IHS Markit: Major CBs Will Tightening Monetary Policy

JAKARTA (TheInsiderStories) - The acceleration in global growth that occurred in 2017 led some key central banks to begin a steady—albeit slow—tightening of monetary policy,...

IMF’s Lagarde Emphasizes the Importance of Sustainable Growth

JAKARTA (TheInsiderStories) - International Monetary Fund (IMF) Managing Director Christine Lagarde stressed how to ensured the effectiveness and sustainable financing of international development. She...

Weekly Briefing: Indonesia’s New Leader will be Determines This Week

JAKARTA (TheInsiderStories) — Good morning! This week Indonesia will determine the new president to lead this country. The two candidates Jokowi Widodo - Ma'ruf...

Morning Briefing: IMF Warns Brexit Damage

JAKARTA (TheInsiderStories) — Good morning! The International Monetary Fund (IMF) reported about damage that could be impacted by no-deal Brexit. If the United Kingdom...

ASEAN Strengthens Collaboration Facing Global Economic Challenges

JAKARTA (TheInsiderStories) – Southeast Asian countries (ASEAN) stated to strengthened the collaboration to face the regional and global economic challenges such as trade tension,...

Morning Briefing: May Asks Further Delay to EU, ouse of Common,...

JAKARTA (TheInsiderStories) — Good morning! British' Prime Minister Theresa May would ask for further Brexit delay to European Union (EU) beyond April 12. So...