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Pompeo: Washington Seeks New Way with Indonesia in the South China...

JAKARTA (TheInsiderStories) - United States (US) secretary of state, Mike Pompeo, said Washington would find new ways to work with Indonesia in the South China...

Indonesia, US Exim Signs Funding Opportunities US$750M

JAKARTA (TheInsiderStories) - President and head of the United States Export Import Bank (US Exim), Kimberly A. Reed, and the coordinating minister for maritime and investment...

IHS Markit: US GDP to Contract 3.5% in 2020

JAKARTA (TheInsiderStories) - United States (US) economy to pass pre-pandemic peak in late 2021, regain full employment in 2023, said Joel Prakken and Chris Varvares from IHS...

Morning Briefing: Various Things to Know on Tuesday

JAKARTA (TheInsiderStories) - Good Morning! President of United States (US) Donald Trump and former Vice President Joe Biden met in Cleveland on Tuesday for the first...

Weekly Briefing: Presidential Debates to Economic Data

JAKARTA (TheInsiderStories) - Good Morning! This week we will sees the first of the United States (US) presidential debates and non-farm payrolls, inflation data, and worldwide...

US Congress’s Aid Packages US$380M Unused, Trump Signs Healthcare Plan

JAKARTA (TheInsiderStories) - United States (US) Federal Reserve (Fed) chair Jerome Powell and treasury secretary Steven Mnuchin, reported as much as US$380 billion from the Congress'...

Indonesia, US Collaborates in Infrastructure Financing and Financial Market

JAKARTA (TheInsiderStories) - Indonesia and United States (US) ministry of finance have agreed to cooperates on the infrastructure financing and financial market development, said...

Defense Ministers of Indonesia, China Discusses South China Sea Dispute

JAKARTA (TheInsiderStories) - Defense minister of Indonesia, Prabowo Subianto, has met Chinese state councilor and defense minister, Wei Fenghe, at his office on Tuesday (09/08). In...

Morning Briefing: White House Avoiding the Government Shutdown

JAKARTA (TheInsiderStories) - The White House expects United States' (US) Congress to approve the legislation needed to avoid a government shutdown at the end of September,...

US Still Imposes Import Duty for Airbus, EU Products

JAKARTA (TheInsiderStories) - United States (US) government confirmed that it would still impose an import duty of 15 percent for Airbus aircraft and 25 percent for...

US Forecast Update: 2Q Worst Quarter on Record Despite Fiscal Support

JAKARTA (TheInsiderStories) - IHS Markit sees United States (US) economic growth in 2020 could contraction around 4.8 to 6.1 percent, it said in the latest...

Morning Briefing: Bidden Chooses Haris as Running Mate

JAKARTA (TheInsiderStories) - Good Morning! The candidate president of United States (US), Joe Bidden has picked Kamala Haris as his vice president running mate in...

IMF: US’s Economy has the Potentials to Contract 6.5% in 2020

JAKARTA (TheInsiderStories) - The economic outlook in United States (US) has shifted dramatically with the rapid spread of COVID-19, said the International Monetary Fund (IMF) in...

Morning Briefing: US Economy Drops to Lowest Level in History

JAKARTA (TheInsiderStories) - Good Morning! United States (US) economy contraction 32.9 percent to 9.5 percent in the second quarter of 2020 compared to previous quarter,...

IHS Markit: US GDP to Contract by a Historic 35.3% in...

JAKARTA (TheInsiderStories) - IHS Markit estimated, the United States (US) economy fell at a 35.3 percent in the second quarter, which subtracts about 25 percentage points from...

Morning Briefing: US-China Relations Plummeted to Lowest Point

JAKARTA (TheInsiderStories) - Good Morning! United States (US) - China relations have plummeted to their lowest point in decades. Secretary of state, Mike Pompeo, said...

China Passes National Security Law for Hong Kong

JAKARTA (TheInsiderStories) - National People's Congress of China has passed a national security law for Hong Kong that prohibits acts of secession, subversion, terrorism...

Trump: US – China Trade Deal Remains in Place

JAKARTA (TheInsiderStories) - President Donald Trump said the United States (US) - China trade deal remains in place shortly after a senior said on national television...

The Fed Sees US Economy Shrink to 6.5% in This Year

JAKARTA (TheInsiderStories) - The Federal Reserve (Fed) rated United States (US) economy would shrink to 6.5 percent this year. However, the central bank expects the economy will...

The Fed Hold the Benchmark Rate to Support US’s Economy

JAKARTA (TheInsiderStories) - Federal Open Market Committee (FOMC) decided to kept the Fed Funds Rate (FFR) at 0 - 0.25 percent, confirmed the intention of the central bank...

Trump Considers to Imposes Sanction for Countries Adopting Digital Tax

JAKARTA (TheInsiderStories) - United States Trade Representative (USTR) has announced is beginning investigations into digital services taxes that have been adopted or being considered by a...

US’s Economy Shrank to 4.8% in First Quarter of 2020

JAKARTA (TheInsiderStories) - United States (US) economy shrank 4.8 percent in the first quarter of 2020, the first contraction since 2014, said the secretary of commerce...

The Fed Hints to Hold Interest Rates Until US’s Economy Recover

JAKARTA (TheInsiderStories) - The Federal Reserve (Fed) decides to hold interest rates at zero to 0.25 percent and promises to keep the policy until the...

Morning Briefing: WTI Price Turns to Negative for First Time

JAKARTA (TheInsiderStories) - Good Morning! United States (US) West Texas Index (WTI) crude prices slipped into negative territory for the first time ever over storage capacity...

Global Economy: After Worst Recession in 1930s, What Path Will the...

JAKARTA (TheInsiderStories) - IHS Markit is looking past the horrific second-quarter drop in real GDP, and a deeper recession in 2020 than in 200 8 –...

Morning Briefing: Trump Unveils Guidelines for Re-opening US’s Economy

JAKARTA (TheInsiderStories) - Good Morning! President Donald Trump announced the three-stage approach called "downward trajectory" to revive the United States (US) economy as the country continues...

Morning Briefing: Oil Prices Plunges to Lowest Level in Two Decades

JAKARTA (TheInsiderStories) - Good Morning! Crude oil prices plunged to their lowest level in almost two decades amid the weak of United States (US) demand and...

OPEC+ Agrees to Cut Output 9.7MBPD to Support Oil Prices

JAKARTA (TheInsiderStories) - Organization Petroleum Exporting Countries and its allies (OPEC+) agreed to cut oil output by 9.7 million barrels oil per day, representing around 10...

US, Eurozone’s Economies Need Three Years to Recover

JAKARTA (TheInsiderStories) - The United States (US) and Eurozone’ economies could take until 2023 to recover from the impact of the COVID-19, according to a new...

US Scramble for Resources in COVID-19 Response

JAKARTA (TheInsiderStories) - Based on new IHS Markit data, the United States (US) shortage of medical supplies is being exacerbated by trade disruptions from the...