Headlines

The nightmare of Indonesia’s ’10 New Balis’ tourism dream

The idea of replicating Bali’s success across the Indonesian archipelago through the “10 New Balis” initiative was one of the country’s most ambitious economic development visions when it was first launched a decade ago. The objective was compelling: diversify tourist flows,

Asia

Trump says troops turned back from Beirut after Netanyahu call

Shortly after reporting emerged Monday that Iran was suspending talks with the United States over Israel’s ramped up assault on Lebanon, President Donald Trump claimed that Israeli forces headed toward Beirut have “turned back” and that Hezbollah has agreed that “all shooting

Asia

When national security becomes market logic

In recent weeks, Japan halted South Korean equity firm MBK Partners’ acquisition of machine-tool manufacturer Makino Milling Machine on national security grounds. Around the same time, the British government reportedly signaled discomfort with Bharti Enterprises’ plan to

Asia

Trump says talks with Iran continue

June 1 - U.S. President Donald Trump said on Monday that talks with Iran were ongoing, despite a report that Tehran had suspended indirect negotiations with the United States to end hostilities.

Asia