
Indonesia readies island medical facility for 2,000 wounded Gazans
JAKARTA: Indonesia will convert a medical facility on its currently uninhabited island of Galang to treat about 2,000 wounded residents of Gaza, who will return home after recovery, a presidential spokesperson said on Thursday (Aug 7).
Muslim-majority Indonesia has sent humanitarian aid to Gaza after Israel started an offensive in October 2023 that Gaza health officials say has killed more than 60,000 Palestinians, whether fighters or non-combatants.
"Indonesia will give medical help for about 2,000 Gaza residents who became victims of war, those who are wounded, buried under debris," the spokesperson, Hasan Nasbi, told reporters, adding that the exercise was not an evacuation.
Indonesia plans to allocate the facility on Galang island, off its island of Sumatra and south of Singapore, to treat wounded Gaza residents and temporarily shelter their families, he said, adding that nobody lived around it now.
The patients would be taken back to Gaza after they had healed, he said.
Hasan did not give a timeframe or further details, referring questions to Indonesia's foreign and defence ministries, which did not immediately respond to Reuters' requests for comment.
The plan comes months after President Prabowo Subianto's offer to shelter wounded Palestinians drew criticism from Indonesia's top clerics for seeming too close to US President Donald Trump's suggestion of permanently moving Palestinians out of Gaza.
In response to Trump's suggestion, the foreign ministry of Indonesia, which backs a two-state solution to resolve the Middle East crisis, said at the time it "strongly rejects any attempt to forcibly displace Palestinians".
A hospital to treat victims of the Covid-19 pandemic opened in 2020 on Galang, which had been until 1996 a sprawling refugee camp run by the United Nations, housing 250,000 of those who fled the Vietnam War. - Reuters

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


The Star
13 minutes ago
- The Star
Analysis-Argentina's copper dreams need infrastructure - but who will build it?
SAN JUAN (Reuters) -Argentina holds rich copper deposits in the mountainous north along the Chilean border, but, unlike its mining powerhouse neighbor, has not built power lines and roads needed for new projects backed by miners such as BHP and Rio Tinto. President Javier Milei's austerity campaign to clamp down on inflation and debt means the South American country is up against bigger challenges than most countries to build the infrastructure needed by mines worldwide. Unconventional ideas, such as sharing infrastructure between miners or paying for it with royalties, will likelybe part of the solution. "The government said it won't provide any funding, but that doesn't mean it isn't responsible for getting things done," said Roberto Cacciola, president of Argentina's mining chamber, who is urging authorities to step up efforts to ensure infrastructure gets built. Argentina exports gold, silver, and lithium but has not produced copper since 2018. Milei's administration, as well as governors who control local development, are banking on copper to help stabilize the country's volatile economy, just as mining companies worldwide seek to boost output to cover a looming supply gap for the metal widely used in construction and electric vehicles. A federal official said the government is assessing infrastructure needs nationwide and identifying ways the private sector could play a role. Eight copper projects in Argentina could bring total mining export value to $15.4 billion by 2030, according to a government forecast. That would more than triple last year's figure and make the sector one of the country's largest net foreign exchange earners. Copper projects alone could reel in $5.2 billion by 2030, if they reach the government's projection of producing 521,000 metric tons a year. The copper projects are concentrated in the northern province of San Juan, which some call the "Vaca Muerta of copper," an allusion to Argentina's shale oil and gas field the size of Belgium. San Juan enacted a compensation program in 2022 that could help get infrastructure built. It allows mining companies that develop road or energy infrastructure to be repaid with mining royalties if provinciallegislators deemthe project a "public utility." Miners normally pay royalties to governments. The Vicuna project, from global miner BHP and Canada's Lundin, hopes to use the provision, said Vicuna's Argentina director Jose Morea. "That speeds up investments that the private sector is currently in a position to make ... which the provincial government would probably have to defer otherwise,"he said in an interview. Vicuna consists of two mines, Filo del Sol and the more advanced Josemaria, which could become one of the region's first projects to start production. The $5-billion mine will need a 220-kilometer (137-mile) road - a distance of about two or three hours by car - to reach operations at an altitude of 4,200 meters (13,780 feet) in the Andes Mountains. It will also require a high-voltage power transmission line at a scale that could support a large city. SHARING INFRASTRUCTURE Some miners are exploring other ways to reduce costs. McEwen Mining's Los Azules is looking at sharing infrastructure with nearby projects and has consulted the Inter-American Development Bank about infrastructure loans. Some business leaders want the government to turn over more projects, such as railways and road maintenance, to the private sector through public tenders or public-private partnerships,said Nicolas Munoz, a copper supply analyst at consultancy CRU. "It's feasible to think that private companies will assume these costs and see a business opportunity," Munoz said. There are already signs of interest from the mining sector, such as global miner Rio Tinto, which recently took over U.S.-based Arcadium's lithium mines in Argentina and is developing another of its own in the country. According to a public register of lobbyist meetings, Rio held a meeting with Argentina's mining secretary in June after expressing interest in bidding for the state's Belgrano Cargas railway, which the government said in February it would privatize. Rio Tinto did not have an immediate comment. Rio Tinto is also backing McEwen's Los Azules and Aldebaran's Altar copper projectsthrough shares owned by its leaching technology arm, Nuton. Some governors are still looking to the federal government to take part of the burden. Governor Gustavo Saenz of Salta, where Canada's First Quantum Minerals wants to develop the Taca Taca copper mine, said aqueducts, roads, and gas pipelines will pay off. "We need them to give us ... everything necessary so that those who want to come and invest can do so," he said this week at the Argentina Copper 2025 conference in San Juan. (Reporting by Lucila Sigal, Writing by Daina Beth Solomon, Editing by Rod Nickel)


The Star
an hour ago
- The Star
Analysis-Investors betting voters in Bolivia will make a turn to the right
(Reuters) -Bolivia's international bonds have rallied ahead of a fiercely contested presidential election, fueled by investors' hopes that a political U-turn could help shore up the country's fragile economy and pave the way for an IMF program. The South American nation of 12 million people is engulfed in a crisis marked by inflation at a four-decade high, dwindling dollar reserves and a fiscal squeeze in which the government must choose to service debt or pay for fuel and food imports. Bolivia's international bonds, however, have enjoyed a stellar rally since the start of 2025. With a return of more than 30%, they are one of the top performers in JPMorgan's emerging markets bond index, which across the asset class has returned slightly more than 7%. Citigroup recently upgraded its assessment on Bolivian bonds to "neutral" from "underweight." Having started the year below 60 cents, Bolivian government bonds have scaled multi-year highs in recent days and are trading in the mid-70 cent range - well above the 70 cent threshold below which debt is seen as being in distress. A change in government "is likely to be quite positive for the economy, which has been on an unsustainable fiscal and current account position for so many years," said Carlos de Sousa, emerging markets debt strategist at Vontobel Asset Management. "A restructuring could be avoided, particularly if the country gets an IMF program soon after," de Sousa said, adding that turning to the International Monetary Fund for support would be a political choice. Bolivia's political landscape is dominated by a power struggle that has fractured the incumbent left-leaning Movement to Socialism (MAS) party. Polls show it winning about 12% of the vote in the first round of the elections on August 17. Evo Morales, who ruled the country from 2006 to 2019 under the MAS banner, has been barred from running for another term as president. Betting websites peg the chances of a win for center-right businessman Samuel Doria Medina, the National Unity party's presidential candidate, at more than 50%. Favored by markets, he has pledged to restore central bank autonomy, tackle a dollar shortage and take on corruption. To avoid a runoff, which has been scheduled for October 19, a candidate must secure more than 40% of the vote as well as have a lead of at least 10 percentage points. IMF LOAN PROGRAM The election is taking place at a critical time for Bolivia's $50 billion economy. Central bank-financed fiscal deficits have become a major flash point, revenues from gas exports - a big source of hard currency for the government - have dwindled and the central bank has been forced to spend precious reserves defending the boliviano currency's peg to the dollar. The gap between parallel and official exchange rates has blown out to 80%, the IMF says. Despite the recent spurt of optimism, investors remain worried that political infighting and falling gas export revenues could jeopardize the country's ability to service upcoming debt payments - large chunks of which are due in the first quarters of the next three years. Bolivia's external debt amounted to about $13.3 billion by the end of 2024, of which $1.8 billion is in hard-currency bonds and the remainder in multilateral and bilateral loans, according to its central bank. Foreign exchange reserves were at a record low of about $165 million in April, central bank data shows. JPMorgan calculates that the country's liquid reserves are only $100 million. The IMF puts reserves at two months worth of imports - well below the minimum threshold of the equivalent of three months. Earlier this year, the three major credit rating agencies downgraded Bolivia's rating deeper into junk. S&P Global said the economic circumstances could impair the government's ability to service debt over the next six to 12 months. Some relief may come from loans worth more than $1 billion from official lenders like the World Bank and the Japan International Cooperation Agency that have been secured but not drawn down amid government infighting, and which analysts expect could be unlocked by a new government in La Paz. Monetizing Bolivia's vast lithium deposits could also bring in financing. But the real silver lining - at least for investors - would be an IMF loan program. It would, however, require painful reforms. The IMF said in May that the Bolivian government should ditch the dollar peg, lift capital controls and phase out fuel subsidies, among a raft of other policy changes. It estimates Bolivia's economy will grow 1.1% in 2025 and 0.9% next year - less than half the 2.2% growth expected across broader Latin America this year and the 2.4% forecast for the region in 2026. With a balance of payments crunch looming, analysts say, the next government might not have much choice. "All these liberalizing reforms will eventually allow the economy to flourish, but there's going to be some short-term pain as you shut down money-losing businesses, cut fuel subsidies, and unshackle the economy," said Ajata Mediratta, partner at Greylock Capital Management. "Very few countries can do that in an election year." (Reporting by Johann M Cherian in Bengaluru and Rodrigo Campos in New York; editing by Karin Strohecker, Christian Plumb and Paul Simao)


The Sun
an hour ago
- The Sun
Germany halts military exports to Israel, urges ceasefire in Gaza
BERLIN: The German government will not approve any exports to Israel of military equipment that could be used in the Gaza Strip until further notice, Chancellor Friedrich Merz said on Friday in response to Israel's plan to expand its military operations there. The release of the Israeli hostages and negotiations for a ceasefire are Germany's top priorities, Merz said in a statement, expressing deep concern over the suffering of civilians in the Gaza strip. - REUTERS