A fish story from Indonesia.
Camera: Dimas Ardian/Bloomberg.Adam Majendie
Whereas the events of the world may seem a bit gloomy and fearful, This weekend, we will attempt to water down the darkness by examining some of the other aspects of life, like making a fortune, the pursuit of peace and everlasting life.
Only a handful of countries have managed over the past few decades to escape the middle-income trap — where developing countries get caught in a cycle of rising wages without a large boost in productivity. Now Indonesia has a plan to join them and it involves everything from coconuts to fish.
Across the technological spectrum, Indonesia is planning a state crypto exchange to capture a larger share of the volatile market and hedge against downturns such as the FTX collapse. Here’s how it would work
Some feel that crypto’s slump have left it nowhere to go but up. You can't say that about the American dollar. After the worsening of poverty and the overabundance of inflation in countries all over the world, the king of the dollar is finally in flight. And some forecasters say the currency could now be at the start of a multi-year decline
The monstrous meteorological phenomena show more and more that this is not normal. That’s the case this month in India, where an unusually warm winter is already forcing some utilities to ration electricity, with dire forecasts for what could happen in the summer. "There is no alternative but to cut off the electricity supply," said the Minister of Rajasthan.
One person who’s unlikely to be affected by the cuts is German Chancellor Olaf Scholz, who makes his first visit to India today, towing a posse of senior managers from industrial heavyweights such as Siemens, ThyssenKrupp, Renk and SAP, all angling for business opportunities. Attention, however, can concentrate on discussions between scholz and the prime minister narendra modi on the war of Russia in Ukraine.
After a year of war in Europe, a number of nations are voting on proposals for a ceasefire, among them . However, to date no one has addressed the key issue of the territory seized by Russia. Meanwhile Ukrainians are helping their defense by crowdfunding drones.
Also today, a country with a population of about 220 million and a median age of 18 goes to the polls to elect a new president, with the first two applicants at the same time in their 70. Read the Big Take on how Nigeria’s economy, Africa’s biggest, is on the verge of ruin.
The age gap between the young population of Nigeria and its aging leadership may make you wonder how long you will live. Hannah Fry tells how you can find out in her new series:
Have a weekend of youthfulness.