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Jokowi orders ministries to crunch numbers on plunging oil prices

first_imgPresident Joko “Jokowi” Widodo has ordered his ministers to calculate the impact of plunging global crude oil prices on Indonesia’s economy so as to “make use of this momentum and opportunity’.Jokowi gave the order on Wednesday, March 18, a week after several ministries announced their attitudes toward the low prices. He told Cabinet members to calculate the impact of the plunge on subsidized and unsubsidized fuel prices and how long it might last.“We have to make use of this opportunity,” he said during a live-broadcast Cabinet meeting. Global crude oil prices dropped early last week after Saudi Arabia, the world’s top oil exporter, slashed its selling prices and set plans to increase production in punishing rival oil producer, Russia. The Middle Eastern country effectively triggered a price war between oil exporting countries. Read also: ‘We have many tanks to fill’: Indonesia to make the most out of globally low oil pricesAs a result of the war, international oil price benchmark Brent reached US$26.17 per barrel as of 5:40 p.m. Thursday, the lowest since 2003, and close to a third of its peak price this year at $68 per barrel on Jan. 6.In response to plunging prices, Indonesia’s Energy and Mineral Resources Ministry announced plans to increase oil imports while the country’s Finance Ministry announced it would monitor the potential impact of the plunge on the state budget.Lower crude prices and reduced oil and gas industry activity is a risk to the state budget as the industry is expected to contribute 35.4 percent – equal to Rp 127.3 trillion ($8.85 billion) – to Indonesia’s non-tax state revenue this year.Topics :last_img read more

New York to set up COVID-19 ‘checkpoints’

first_imgTravelers from the states on the quarantine list will have to fill out a health form which will help authorities with contact tracing in case of an infection.Arrivals at New York’s airports already have to complete the form. Anyone who refuses to is subject to a $2,000 fine.”New York City is holding the line against COVID-19, and New Yorkers have shown tremendous discipline,” de Blasio said.”We’re not going to let our hard work slip away and will continue to do everything we can to keep New Yorkers safe and healthy,” he added. Topics : COVID-19 has killed more than 32,000 people in New York state, according to a running tally by Johns Hopkins University.The city was the epicenter of America’s outbreak back in March and April but the spread of the virus has largely been brought under control, even as cases have surged elsewhere in the country.Individuals who violate New York’s quarantine can be fined $10,000.center_img New York will put up checkpoints at key entry points to the city to ensure that travelers are complying with the state’s quarantine requirements, Mayor Bill de Blasio announced Wednesday.Visitors from 35 US states, including Florida and Texas, are currently required to quarantine for two weeks after entering New York in an attempt to contain the spread of coronavirus.De Blasio said law enforcement agencies will operate “traveler registration checkpoints” at major bridge and tunnel crossings into the Big Apple from Thursday.last_img read more

U.S. Open 2019: Gary Woodland holds serve as Justin Rose sits one shot back

first_img U.S. Open 2019: Tiger Woods closes out day with birdie to finish at even par U.S. Open 2019: Runaway golf cart injures spectators in freak accident He leads world No. 4 Justin Rose by one stroke after three rounds.While the course was gettable on Saturday, there weren’t a lot of big numbers out there and Woodland did enough to maintain his lead, making three birdies to go with just one bogey to finish out a steady round. Related News GARY WOODLAND, THERE ARE NO WORDS! #USOpen pic.twitter.com/vEyfiBMmof— U.S. Open (USGA) (@usopengolf) June 16, 2019Rose wasn’t at his best Saturday either as he traded birdies for bogeys on several occasions, but he did enough to keep pace with Woodland who he trailed by two shots after 36 holes.His birdie at 14 was a nice bounceback from a bogey as he nailed a putt to get back to 9 under.JUSTIN ROSE, UNPHASED! #USOpen pic.twitter.com/6Ak6wntZic— U.S. Open (USGA) (@usopengolf) June 16, 2019He finished the day by making birdie at 18 to shoot a 3-under 68 and move to 10 under for the tournament.center_img Gary Woodland wasn’t fantastic Saturday, but he did enough to maintain the lead going into the final round Sunday.The Kansas native shot 2-under 69 to move to 11 under for the tournament. Two-time defending U.S. Open champion Brooks Koepka posted his third straight day in red numbers with a 3-under 68 to move to 7 under for the tournament. Chez Reavie is tied with Koepka as is Louis Oosthuizen.Rory McIlroy shot a 1-under 70 to move to 6 under. He is one shot ahead of Chesson Hadley and Matt Kuchar.Tiger Woods birdied his final hole of the day to finish even par after 54 holes.last_img read more

Ethnic Relations Commission must first work with politicians

first_imgDear Editor,The constitutional Ethnic Relations Commission (ERC) should direct its work as a matter of high priority at political leaders, Ministers of Government, members of the National Assembly, public servants, politicians and political groups of the People’s Progressive Party and the People’s National Congress.Working first with these categories can impact positively on race relations and social cohesion. They are the influential ones who – by private and public statements, conduct, and practice in their public duties – set the national tone for the politics of race and lust for power in Guyana. These groups should be the primary targets to promote peace, justice and reconciliation for the national community good.The ERC will be wasting its time and resources and will achieve nothing, unless it engages the political players and public officials identified above in a determined effort to promote reconciliation for improved race relations for the building of national unity. The ERC should simultaneously engage and investigate thoroughly public employment practices to determine fairness, discrimination based on ethnicity, political affiliation, or political opinion with reference to our Constitution and labour laws.There is wide spread observation and concern by the national community about employment practices in the public service and in public agencies. The Ethnic Relations Commission should undertake a comprehensive human resource audit on the ethnic composition of senior persons in the public sector for the challenge to those in public life, Government, the National Assembly, and public officials to take the appropriate corrective actions and measures in the national interest. The ERC can only justify its existence with integrity by pursuing actively the recommended actions above.With thanks,Joshua Singhlast_img read more

Actor Shia LaBeouf debuts a bald head

first_imgTransformers star Shia LaBeouf has been spotted sporting a shaved head.The 29-year-old actor was photographed with clean shaven head during an outing in LA over the weekend, reported Aceshowbiz.LaBeouf previously had long locks, a rattail and a thick beard for quite some time. He wore a t-shirt and short pants paired with a pair of sneakers during the outing.Shia LaBeouf was spotted with a clean shaven head during an outing in LA. Picture courtesy: FlameFlynet.uk.comHe reportedly shaved head for his upcoming role in British filmmaker Andrea Arnold’s new movie American Honey. He will be starring in the film alongside Arielle Holmes.Shia LaBeouf says he would have killed girlfriend Mia Goth had locals not intervened | Actor Shia LaBeouf injured on the set of American Honey Back in July, it was reported that he landed a part in American Honey.The film’s story “revolves around a runaway teenager who earns a living by selling magazine subscriptions around the US and then gets caught up in a whirlwind of hard-partying, law-bending, and young love.”The film not yet has a release date.last_img read more

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