Indonesia eyes Saudi investment in agriculture

Food security is one of the key objectives of Vision 2030, Saudi Arabia’s diversification and transformation plan. (AFP file photo)
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Updated 26 July 2023
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Indonesia eyes Saudi investment in agriculture

  • Indonesia is the world’s top producer and exporter of palm oil
  • Food security is one of the key objectives of Vision 2030, Saudi Arabia’s diversification and transformation plan

JAKARTA: Indonesia sees an opportunity for agricultural cooperation with Saudi Arabia, the Ministry of Trade said on Wednesday after talks with a Saudi investment company interested in the country’s edible oil products.

Indonesia is the world’s top producer and exporter of palm oil. Its exports of the commodity are worth about $27 billion a year.

Saudi Arabia expressed interest in the sector during a recent meeting between officials of the Indonesian Mission in Riyadh and the Saudi Agricultural and Livestock Investment Co.

“Saudi Arabia has started to look into food security investments in Indonesia. One of the commodities they are looking to invest in is edible oil products,” the Indonesian Ministry of Trade said in a statement.

“On edible oil products, SALIC is extremely interested to form cooperation with Indonesia. Indonesia is the largest producer of crude palm oil (CPO), whether it’s produced by state plantations, private, or those that belong to the public.”

Food security is one of the key objectives of Vision 2030, Saudi Arabia’s diversification and transformation plan.

A state-owned enterprise, SALIC operates as an investment company, with its portfolio focused on food commodities identified “based on their strategic importance to ensure long-term food security,” including edible oil, according to the company’s website.

Commercial ties between Indonesia and Saudi Arabia have been on the rise for the past few years. Indonesia’s exports to the Kingdom grew by around 44 percent between 2018 and 2022, according to data from the Indonesian Embassy in Riyadh.

In 2022, the Southeast Asian country exported nearly 226 million metric tons of cooking oil to Saudi Arabia, making it the Kingdom’s main source of the commodity.


Canadian Prime Minister Mark Carney’s Liberals win an election upended by Trump

Updated 7 sec ago
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Canadian Prime Minister Mark Carney’s Liberals win an election upended by Trump

TORONTO: Prime Minister Mark Carney’s Liberal Party won Canada’s federal election on Monday, capping a stunning turnaround in fortunes fueled by US President Donald Trump’s annexation threats and trade war.
The Liberals are projected to win more of Parliament’s 343 seats than the Conservatives, though it wasn’t clear yet if they would win an outright majority, which would allow them to pass legislation without needing help.
The Liberals looked headed for a crushing defeat until the American president started attacking Canada’s economy and threatening its sovereignty, suggesting it should become the 51st state. Trump’s actions infuriated Canadians and stoked a surge in nationalism that helped the Liberals flip the election narrative and win a fourth-straight term in power.
The opposition Conservative Party’s leader, Pierre Poilievre, hoped to make the election a referendum on former Prime Minister Justin Trudeau, whose popularity declined toward the end of his decade in power as food and housing prices rose.
But Trump attacked, Trudeau resigned and Carney, a two-time central banker, became the Liberal Party’s leader and prime minister.
Trump was even trolling Canada on election day, suggesting on social media that he was in fact on the ballot and repeating that Canada should become the 51st state — an assertion that Canadians find deeply insulting. He also erroneously claimed that the US subsidizes Canada, writing, “It makes no sense unless Canada is a State!”
Poilievre, who has been criticized for not taking a firmer stance against Trump, responded with a post of his own.
“President Trump, stay out of our election. The only people who will decide the future of Canada are Canadians at the ballot box,” he posted hours before polls closed. “Canada will always be proud, sovereign and independent and we will NEVER be the 51st state.”
Until Trump won a second term and began threatening Canada’s economy and sovereignty, the Liberals looked headed for defeat. But Trump’s truculence has infuriated many Canadians, leading many to cancel US vacations, refuse to buy American goods and possibly even vote early. A record 7.3 million Canadians cast ballots before election day.
Trump’s attacks also put Poilievre and the opposition Conservative Party on the defensive and led to a surge in nationalism that helped the Liberals flip the election narrative.
“The Americans want to break us so they can own us,” Carney said recently, laying out what he saw as the election’s stakes. “Those aren’t just words. That’s what’s at risk.”
Election day came as the country grappled with the fallout from a deadly weekend attack at a Vancouver street fair that led to the suspension of campaigning for several hours. Police ruled out terrorism and said the suspect is a local man with a history of mental health issues.
Trump became the main issue
Poilievre and his wife walked hand-in-hand to vote in their district in the nation’s capital, Ottawa. “Get out to vote for a change,” he implored voters.
Sisters Laiqa and Mahira Shoaib said they did just that, with Laiqa, a 27-year-old health care worker, voting for the progressive New Democratic Party, and Mahira, a 25-year-old bank worker, backing the Conservatives.
The sisters, who immigrated from Pakistan a decade ago, said the economy has worsened and job opportunities have dried up under Liberal rule.
After the sisters voted at a community center in the Toronto suburb of Mississauga, Mahira Shoaib said she thinks Poilievre is best equipped to improve Canada’s finances.
“He is business-minded, and that’s what we need right now,” she said.
After Trump became the election’s central issue, Poilievre’s similarities to the bombastic American president might have cost him.
Reid Warren, a Toronto resident, said he voted Liberal because Poilievre “sounds like mini-Trump to me.” And he said Trump’s tariffs are a worry.
“Canadians coming together from, you know, all the shade being thrown from the States is great, but it’s definitely created some turmoil, that’s for sure,” he said.
“He appeals to the same sense of grievance,” Canadian historian Robert Bothwell said of the Conservative leader. “It’s like Trump standing there saying, ‘I am your retribution.’”
“The Liberals ought to pay him,” Bothwell added, referring to the American president. “Trump talking is not good for the Conservatives.”
Foreign policy hadn’t dominated a Canadian election as much since 1988 when, ironically, free trade with the United States was the prevailing issue.
Big challenges await the Liberals
Carney and the Liberals cleared a big hurdle in winning a fourth-straight term, but they have daunting tasks ahead.
In addition to the sweeping US tariffs on Canadian goods, Canada has been dealing with a cost-of-living crisis for some time. And more than 75 percent of its exports go to the US, so Trump’s tariffs threat and his desire to get North American automakers to move Canada’s production south could severely damage the Canadian economy.

Trump administration launches race-based discrimination probes of the Harvard Law Review

Updated 29 April 2025
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Trump administration launches race-based discrimination probes of the Harvard Law Review

  • The investigations come as Harvard fights a freeze on $2.2 billion in federal grants the Trump administration imposed after the university refused to comply with demands to limit activism on campus

The Trump administration on Monday announced federal officials are launching investigations into Harvard University and the Harvard Law Review, saying authorities have received reports of race-based discrimination “permeating the operations” of the journal.
The investigations come as Harvard fights a freeze on $2.2 billion in federal grants the Trump administration imposed after the university refused to comply with demands to limit activism on campus. A letter sent to the university earlier this month called for the institution to clarify its campus speech policies that limit the time, place and manner of protests and other activities. It also demanded academic departments at Harvard that “fuel antisemitic harassment” be reviewed and changed to address bias and improve viewpoint diversity.
Monday marked the first time both sides met in court over the funding fight. The investigations by the US Department of Education and the Department of Health and Human Services were announced separately on Monday, with authorities saying they were investigating policies and practices involving the journal’s membership and article selection that they argue may violate Title VI of the Civil Rights Act of 1964.
According to the federal government, the editor of the Harvard Law Review reportedly wrote that it was “concerning” that the majority of the people who had wanted to reply to an article about police reform “are white men.” A separate editor allegedly suggested “that a piece should be subject to expedited review because the author was a minority.”
“Harvard Law Review’s article selection process appears to pick winners and losers on the basis of race, employing a spoils system in which the race of the legal scholar is as, if not more, important than the merit of the submission,” said Acting Assistant Secretary for Civil Rights Craig Trainor in a statement. “Title VI’s demands are clear: recipients of federal financial assistance may not discriminate on the basis of race, color, or national origin. No institution — no matter its pedigree, prestige, or wealth — is above the law.”
A spokesperson for Harvard Law said in a statement that a similar claim was dismissed in 2018 by a federal court.
“Harvard Law School is committed to ensuring that the programs and activities it oversees are in compliance with all applicable laws and to investigating any credibly alleged violations,” said Jeff Neal. “The Harvard Law Review is a student-run organization that is legally independent from the law school.”
Harvard is among multiple universities across the country where pro-Palestinian protests erupted on campus amid the war in Gaza last year. Republican officials have since heavily scrutinized those universities, and several Ivy League presidents testified before Congress to discuss antisemitism allegations. The Cambridge, Massachusetts, institution was the fifth Ivy League school targeted in a pressure campaign by the administration, which has also paused federal funding for the University of Pennsylvania, Brown, and Princeton universities seeking to force compliance with its agenda.


Amazon launches its first Internet satellites to compete against SpaceX’s Starlinks

Updated 29 April 2025
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Amazon launches its first Internet satellites to compete against SpaceX’s Starlinks

  • Stargazers oppose the fast-growing constellations of low-orbiting satellites, arguing they spoil observations

CAPE CANAVERAL, Florida: Amazon’s first batch of Internet satellites rocketed into orbit Monday, the latest entry in the mega constellation market currently dominated by SpaceX’s thousands of Starlinks.
The United Launch Alliance’s Atlas V rocket carried up 27 of Amazon’s Project Kuiper satellites, named after the frigid fringes of our solar system beyond Neptune. Once released in orbit, the satellites will eventually reach an altitude of nearly 400 miles (630 kilometers).
Two test satellites were launched in 2023, also by an Atlas V. Project officials said major upgrades were made to the newest version. The latest satellites also are coated with a mirror film designed to scatter reflected sunlight in an attempt to accommodate astronomers.
Stargazers oppose the fast-growing constellations of low-orbiting satellites, arguing they spoil observations. Others fear more satellite collisions.
Founded by Jeff Bezos, who now runs his own rocket company, Blue Origin, Amazon aims to put more than 3,200 of these satellites into orbit to provide fast, affordable broadband service around the globe.
Elon Musk’s SpaceX already has launched more than 8,000 Starlinks since 2019. The company marked its 250th Starlink launch Sunday night. More than 7,000 Starlinks are still in orbit some 300-plus miles (550 kilometers) above Earth.
The European-based OneWeb satellite constellation numbers in the hundreds in an even higher orbit.
Amazon already has purchased dozens of rocket launches from United Launch Alliance and Blue Origin for Project Kuiper, as well as others.
“There are some things you can only learn in flight” despite extensive testing on the ground, said Rajeev Badyal, the project’s vice president.
“No matter how the mission unfolds, this is just the start of our journey,” he said in a statement ahead of the evening liftoff.
The first liftoff attempt earlier this month was nixed by bad weather. It took until now to secure another spot in the launch lineup at Cape Canaveral Space Force Station.


Russia says it downs 51 Ukrainian drones in less than three hours

Updated 29 April 2025
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Russia says it downs 51 Ukrainian drones in less than three hours

Russia’s Defense Ministry said its air defense units destroyed 51 Ukrainian drones in the space of less than three hours late on Monday, most of them over western Kursk region.
A ministry statement posted on the Telegram messaging app said its units had destroyed 40 drones over western Kursk region between 8:20 p.m. and 11 p.m. Moscow time (1720-2000 GMT).
Russian President Vladimir Putin said at the weekend that Moscow’s troops had ejected Ukrainian forces from Kursk region more than eight months after Kyiv staged a mass cross-border incursion.
Other drones were destroyed over central Oryol region and Belgorod in the south and over the Crimean peninsula and the Black Sea.


Trump trade war dominates BRICS meeting in Brazil

Updated 29 April 2025
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Trump trade war dominates BRICS meeting in Brazil

  • A BRICS challenge to the hegemony of the dollar is expected to feature high on the agenda

RIO DE JANEIRO, Brazil: The foreign ministers of Brazil, China, Russia and other BRICS members began two days of talks in Rio de Janeiro Monday aimed at forging a united front to US President Donald Trump’s aggressive trade policies.
The meeting comes at a critical moment for the world economy after the International Monetary Fund slashed growth forecasts over the impact of the US leader’s sweeping new tariffs.
Top diplomats from the 11-member bloc — which includes Egypt, Ethiopia, India, Indonesia, Iran, Saudi Arabia, South Africa and the United Arab Emirates — met to hone their agenda ahead of a July leaders summit.
Brazilian Foreign Minister Mauro Vieira stressed the importance of dialogue at a time of “humanitarian crises, armed conflicts, political instability and the erosion of multilateralism.”
BRICS’s “role as a group is more important than ever,” he said.
Trump, since returning to the White House in January, has hit dozens of countries with a blanket 10 percent tariff, but China faces levies of up to 145 percent on many products.
Beijing has responded with duties of 125 percent on US goods.
Senior Chinese economic planner Zhao Chenxin said Monday in Beijing that the country was on the “right side of history” in the face of what he called Washington’s “unilateralism and bullying.”
BRICS has expanded significantly since its 2009 inception as a group of four powers — Brazil, Russia, India and China — seeking an alternative platform to Western-led international organizations such as the G7.
It now makes up nearly half of the world’s population, 39 percent of global GDP and weighs in on issues from Ukraine to Gaza to global trade.
Vieira opened the talks with a call for a “complete withdrawal” of Israeli forces from Gaza, terming Israel’s more than 50-day aid blockade of the territory “unacceptable.”
The group has had generally less to say about the war in Ukraine, issuing calls for peace while steering clear of condemning Russia’s invasion.
And Vieira on Monday called for a “diplomatic solution” which respects the “principles and objectives” of the United Nations charter.
The meeting comes at the start of what the United States has called a “critical week” for talks on ending the Ukraine war.
Trump appeared to turn against Putin at the weekend after a meeting with Ukrainian President Volodymyr Zelensky at Pope Francis’s funeral, saying he felt the Russian leader was “just tapping me along.”
Russian President Vladimir Putin responded by announcing a three-day ceasefire from May 8-10.
The White House, however, suggested the pause was not sufficient, saying Trump had “made it clear he wants to see a permanent ceasefire first.”
At the same time the US president has been piling pressure on Kyiv to give up hopes of reclaiming Russian-annexed Crimea.
A BRICS challenge to the hegemony of the dollar is expected to feature high on the agenda.
At a summit last year, BRICS members discussed boosting non-dollar transactions, eliciting a swift rebuke from Trump who threatened them with 100 percent tariffs if they undercut the US currency.
Speaking to Brazil’s O Globo newspaper ahead of the meeting, Russian Foreign Minister Sergei Lavrov said BRICS nations planned to “increase the share of national currencies in transactions” between member states, but said talk of transitioning toward a unified BRICS currency was “premature.”
Vieira, whose country has so far been spared the worst of Trump’s trade ire — Brazilian imports to the US are subject to 10 percent tariffs, a fraction of those imposed on China — also denied any plans to create a new currency.
Another issue expected to feature prominently in the joint statement issued after the BRICS meeting Tuesday is climate change.
Brazil is the host of this year’s UN COP30 climate conference, which will take place in November in the Amazon city of Belem.