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Thousands evacuated, flights disrupted as Indonesia’s Ruang volcano erupts
Thousands evacuated, flights disrupted as Indonesia’s Ruang volcano erupts Mount Ruang in the central province of North Sulawesi sent thick clouds of ash more than 5km (3 miles) into the sky. Thousands of people have been evacuated and flights disrupted after Indonesia’s Mount Ruang erupted again, sending thick clouds of ash more than 5km (3 […]
A powerful volcano is erupting. Here’s what that could mean for weather and climate
A powerful volcano is erupting. Here’s what that could mean for weather and climate CNN — When Mount Ruang in Indonesia underwent multiple explosive eruptions last week, volcanic gases were flung so high they reached the atmosphere’s second layer, tens of thousands of feet above ground. Ruang’s eruptions ejected a massive ash plume and sent some volcanic gases […]
World’s Largest Coal Exporter Warns Of Energy Crunch, Imposes Export Ban
World’s Largest Coal Exporter Warns Of Energy Crunch, Imposes Export Ban Chinese coal futures rose on Tuesday on Indonesia’s export ban over the weekend. Indonesia is the largest exporter of dirty fossil fuel, stoking fears of supply woes as the Northern Hemisphere winter is underway. Bloomberg Intelligence notes ever since China suspended coal imports from […]
Krakatoa Eruption in Indonesia – Dawn of a Volcanic Winter?
Krakatoa Eruption in Indonesia – Dawn of a Volcanic Winter? Krakatoa has once again erupted on April 11, 2020. The risk of a more serious eruption extends into August 7th, 2020. Indonesia has over 130 active volcanoes, the most of any nation. Of course, there remains the legendary eruption of Krakatoa which culminated in a series […]
Oil’s $133 Billion Black Market
Oil’s $133 Billion Black Market Oil is still the world’s leading energy source, with growing demand, a fluctuating pricing system, and much of its production in volatile regions. The oil market’s value is larger than the world’s valuable raw metal markets combined, with an annual production valued at US$1.7 trillion. A flourishing black market is […]
“The Situation Is Chaotic” – Hundreds Dead, Dozens Missing After Devastating Tsunami Hammers Indonesia
“The Situation Is Chaotic” – Hundreds Dead, Dozens Missing After Devastating Tsunami Hammers Indonesia Communications were down across the Indonesia island of Sulawesi on Saturday after a powerful 7.5 magnitude earthquake and subsequent tsunami decimated communities across central Sulawesi, leaving scores dead and hundreds of buildings destroyed in the city of Palu and the surrounding […]
Massive 7.7 Magnitude Earthquake Recorded Off Coast Of Indonesia
Massive 7.7 Magnitude Earthquake Recorded Off Coast Of Indonesia A massive magnitude 7.7 earthquake struck off the Indonesia island of Sumatra, prompting tsunami warnings across the Pacific ring of fire, according to USGS. The quake followed a smaller quake killed one person and damaged some homes. View image on Twitter ✔ #BREAKING: A magnitude 7.5 […]
Rupiah Plunges To 1998 Asian Financial Crisis Low Amid Emerging Market Liquidation
Rupiah Plunges To 1998 Asian Financial Crisis Low Amid Emerging Market Liquidation Despite four rate hikes by the Bank of Indonesia since May, the Indonesia’s rupiah slid to a two-decade low, falling to 14,750 per dollar, a level last hit during the Asian Financial Crisis of 1998, and just shy of an all time low, […]
“Dollar Is King”: Indonesia Joins India In Begging Fed To Stop Shrinking Its Balance Sheet
“Dollar Is King”: Indonesia Joins India In Begging Fed To Stop Shrinking Its Balance Sheet It’s getting a little tight around the neck for emerging market central bankers. On the same day that the governor of Malaysia’s central bank quit, and just days after Urjit Patel, governor of the Reserve Bank of India, took the […]
OUTBREAK ALERT: Indonesia To Mass Vaccinate In Order To Contain Diphtheria
OUTBREAK ALERT: Indonesia To Mass Vaccinate In Order To Contain Diphtheria Indonesia is seeing an outbreak of diphtheria which is scaring civilians and government officials alike. The disease continues to spread as officials desperately work to contain the bacteria before it becomes a pandemic. The bacteria that causes diphtheria ravages the human body. It causes a […]
Tens Of Thousands Flee As Active Bali Volcano Set To Erupt
Tens Of Thousands Flee As Active Bali Volcano Set To Erupt In the latest example of a natural cataclysm displacing tens of thousands of people, and as reported earlier this week, the number of people taking shelter in makeshift evacuation centers on the Indonesian island of Bali has surged to around 104,000, officials said on […]
The American Empire: Murder Inc.
The American Empire: Murder Inc. As Indonesia’s former President Suharto lay ill in 2008, a supporter displayed a portrait of him outside the Jakarta hospital where the military dictator died two weeks later. It was in Suharto’s brutal three-decade reign that Indonesia invaded East Timor, where investigative journalist Allan Nairn covered atrocities the general’s […]
Indonesian Coal Mining Boom Is Leaving Trail of Destruction
Indonesian Coal Mining Boom Is Leaving Trail of Destruction Since 2000, Indonesian coal production has increased five-fold to meet growing domestic demand for electricity and feed export markets in Asia. The intensive mining is leading to the clearing of rainforest and the pollution of rivers and rice paddies. Standing on a hilltop in Kerta Buena, an […]
Will Indonesian Fires Spark Reform of Rogue Forest Sector?
Will Indonesian Fires Spark Reform of Rogue Forest Sector? Massive fires in Indonesia caused by the burning of forests and peatlands for agriculture have shrouded large areas of Southeast Asia in smoke this fall. But analysts say international anger over the fires could finally lead to a reduction in Indonesia’s runaway deforestation. The fires that blazed […]
Indonesia Impaled: Currency Crashes To 1998 Asian Crisis Low As Exports Crater
Indonesia Impaled: Currency Crashes To 1998 Asian Crisis Low As Exports Crater On Monday we laid out the rather dire road ahead for the world’s emerging economies in the face of China’s entry into the global currency wars. The path ahead is riddled with exported deflation and decreased trade competitiveness for a whole host of emerging economies […]