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CNA938 Rewind - How much is Trump's revised 19% tariff a win for Indonesia?

CNA938 Rewind - How much is Trump's revised 19% tariff a win for Indonesia?

CNA5 days ago
Indonesian leader Prabowo Subianto on Wednesday (Jul 16) hailed a "new era of mutual benefit" with Washington after President Donald Trump announced Indonesian goods entering the United States would face a 19 per cent tariff, far below the 32 per cent he had earlier threatened. Andrea Heng and Hairianto Diman assess the impact of the revised rate on Indonesia's economy with Adam Samdin, an economist from the Asia Macro team at Oxford Economics.
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Venezuela releases 48 detainees under prisoner swap deal
Venezuela releases 48 detainees under prisoner swap deal

Straits Times

time16 minutes ago

  • Straits Times

Venezuela releases 48 detainees under prisoner swap deal

FILE PHOTO: Relatives of political prisoners hold balloons during a vigil outside the headquarters and detention centre of the Bolivarian National Intelligence Service (SEBIN) known as \"Helicoide\", in Caracas, Venezuela April 10, 2025. REUTERS/Gaby Oraa/File Photo CARACAS - Forty-eight Venezuelans detained by their own government have so far been released under the terms of a prisoner exchange agreed with the United States, legal rights advocacy group Foro Penal said on Monday. The U.S. said last week that 80 people would be released from Venezuelan jails as part of the prisoner exchange, which saw the return home of over 200 Venezuelans detained in a notorious El Salvador prison. A total of 57 people it classes as political prisoners have been released from Venezuelan jails, Foro Penal said on X, including 48 Venezuelans and nine Americans or U.S. permanent residents. A tenth American released in the swap had not been counted as a political prisoner, the NGO added. "We regret the absence of an official list that allows us to verify with more precision," the group said, adding that some lists in circulation have included people not classed as political detainees, people who had already been released and even prisoners who have died. "At Foro Penal we remain in coordination with families working to verify other cases." The communications ministry did not immediately respond to a request for comment about who is set to be released and whether any of them will be subject to house arrest or other alternatives to detention. The main opposition coalition in Venezuela has cheered the release of the prisoners. But the coalition said on Sunday nearly 1,000 people remain jailed in Venezuela for political reasons and 12 others have been arrested in recent days, in what it called a "revolving door" for political prisoners. The Venezuelans who had been detained in El Salvador were sent there from the United States in March after U.S. President Donald Trump invoked the 1798 Alien Enemies Act to deport alleged members of the Tren de Aragua gang without normal immigration procedures. The deportations drew fierce criticism from human rights groups and a legal battle with the Trump administration. Family members and lawyers of many of the men deny they had gang ties. The former detainees arrived near Caracas on Friday, where some reunited with their families, but they have not yet returned to their own homes. Yajaira Fuenmayor, the mother of former El Salvador detainee Alirio Guillermo Belloso, said on Sunday afternoon from her home in Maracaibo that she was preparing him arepas, traditional corn cakes, as a welcome. "I can't stop thinking of the hunger my son went through. I have a salad ready, some grilled arepas because he loves them, and there is fish in the refrigerator to fry," she said. The government has said the men will be medically evaluated and interviewed about their time in El Salvador before being released. REUTERS

Romania to buy Israeli anti-aircraft systems for $2.3 billion
Romania to buy Israeli anti-aircraft systems for $2.3 billion

Straits Times

timean hour ago

  • Straits Times

Romania to buy Israeli anti-aircraft systems for $2.3 billion

Find out what's new on ST website and app. Romania has signed a framework agreement to buy Israeli-made Shorad-Vshorad anti-aircraft systems for more than 2 billion euros ($2.3 billion), the Romanian defence ministry said on Monday. Under pressure from U.S. President Donald Trump, Romania and other European countries have been looking to increase their defence spending since Russia's full-scale invasion of neighbouring Ukraine in 2022. The European Union and NATO member state, which shares a 650 km (400 mile) border with Ukraine, has had Russian drone fragments fall onto its territory repeatedly over the past two years as Moscow attacks Ukrainian port infrastructure. The framework agreement with the Israeli company Rafael Advanced Defense Systems - maker with U.S. backing of Israel's Iron Dome defence system - provides for the signing of three further contracts, through which six integrated anti-aircraft systems will be acquired. The contracts will also cover training, ammunition and logistical support. The framework agreement will run for seven years, with the first two Vshorad systems to be delivered within three years of the signing of the first of the three further contracts, the ministry said. REUTERS

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