On Sept. 18, Indonesia’s Central Bank (Bank Indonesia) announced a decrease in their interest rate from 25 basis points (0.25%) to 6%, in a move that came as a surprise to most experts.

In the midst of the worldwide polarization over the Israel-Palestine conflict, Southeast Asia has not been immune to its impact. Malaysia and Indonesia, two predominantly Muslim nations, have voiced strong support of the Palestinian cause. In contrast, several other countries in the region have maintained relatively vague or pro-Israel stances on the issue.

The Indonesian capital of Jakarta is sinking and it is sinking fast. Parts of the megacity could be entirely submerged by 2050, with 95% of North Jakarta estimated to sink. In addition to this, Jakarta has been continuously plagued by traffic congestion, air pollution and land subsidence – all of which contribute to increasingly damaging floods in the region.