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Indonesia's President Prabowo Subianto has reappointed Sri Mulyani Indrawati as finance minister, aiming to reassure markets of fiscal stability. Her experience is crucial as the country faces significant debt obligations. Analysts express concerns over continuity in economic policies and potential dependency on China amid rising geopolitical tensions.
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Indonesian President Prabowo Subianto has initiated a military-style retreat for his newly appointed cabinet in Central Java. The retreat aims to foster teamwork and discipline among the 109 ministers, emphasizing loyalty to the nation. This marks a significant shift in leadership style following his inauguration on October 20, 2024.
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On October 24, 2024, Indonesia's Maritime Security Agency expelled a Chinese coast guard vessel disrupting seismic surveys by PT Pertamina in the North Natuna Sea. This incident highlights ongoing tensions over territorial claims in the resource-rich South China Sea, where both nations assert competing rights.