Day: September 20, 2022

Oil Falls on Demand Concerns

WTI crude futures fell to $84.5 per barrel on Monday, extending three weeks of declines as aggressive monetary tightening and recession fears weighed on the demand outlook ahead of the European Union embargo on Russian oil in...

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Euro Falls Below $1

The euro traded below the $1 parity level ahead of the Federal Reserve’s interest rate decision on Wednesday, at which US policymakers are expected to hike the fed funds rate by at least 75 bps for the third time, widening...

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Nasdem’s Axis with Dems & PKS: The Issues

The Nasdem Party, a political party led by media mogul Surya Paloh, is almost forming a coalition with Susilo Bambang Yudhoyono’s (SBY) Democratic Party and PKS for 2024 race. However, there are some issues to be settled between...

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Prabowo: Loss and Gain (2)

Prabowo Subianto, the chairman of Gerindra Party, isn’t among the names being considered by the opposition and Islamic party PKS to be endorsed in the 2024 presidential race. Prabowo may lose the support from PKS, his long-time political ally, but the three-star retired general got new allies and supporters, including PKB that is strongly affiliated to the Nahdlatul Ulama (NU), the largest Islamic organization in the country.

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