Word: jakarta
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...rupiah went from 2,500 per dollar to 11,000 per dollar in about 90 days. Then came the anti-Suharto revolution, and the beginnings of Indonesian democracy. Then the presidential election, where a plurality of popular votes went to Megawati but the politicians in Jakarta decided to give the Presidency to Abdurrahman Wahid. Then this year another crisis led the same politicians to bring down Wahid and install Megawati into power...
...Summers has a once-in-a-lifetime opportunity to make these things happen. As the new guy, he has the chance to change the status quo meaningfully. As he does so, Summers should remember his own words. As he told USA Today while viewing the slums of Jakarta last year, “It’s good to remind oneself that these economic policies have very important implications for real people.” All of Summers’ actions will have important implications for real people in the year ahead: students, faculty and workers. As someone who commands...
Friday afternoon will be a good opportunity to measure the global impact of America's war on terrorism. That's when the Muslim faithful from Jakarta to Jersey City will emerge from their mosques having been given spiritual guidance - guidance on what Washington deems a war on terrorists who defile Islam, but what America's enemies are doing their best to portray as an attack on the universal Muslim "ummah" - the global community of believers which, like NATO, is inclined to believe that an injury to one is an injury...
...three Palestinians. Arafat appears to have gambled that the diplomatic gains from ingratiating himself with the U.S. outweigh the danger posed by Palestinian anger - and, perhaps, that he can rely on Israel to provide sufficient incentive to prevent a Palestinian civil war; Anti-American protests in Indonesia's capital, Jakarta, turned violent Wednesday, and police warned they would not tolerate any further violence; Malaysia's largest opposition party has called for jihad, and promised demonstrations outside the U.S. embassy on Friday...
...Indonesia, right now, may be the wobbliest "domino" in Southeast Asia, because of Jakarta's notoriously volatile domestic politics. Four years of economic meltdown and political flux has left the question of power in Indonesia - even of the archipelago's future integrity as a single nation state - dangerously unresolved. If the Islamic parties that previously conspired to keep President Megawati Sukarnoputri out of power use the unrest sparked by the Afghanistan raids to move against her once again, Jakarta could be in for another year of living dangerously...