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TOPIC: indonesia

Economy

Why More Countries Are Banning Foreigners From Buying Real Estate

Canada has become the most recent country to impose restrictions on non-residents buying real estate, arguing that wealthy investors from other countries are pricing out would-be local homeowners. But is singling out foreigners the best way to face a troubled housing market?

PARIS — It’s easy to forget that soon after the outbreak of COVID-19, many real estate experts were forecasting that housing prices could face a once-in-generation drop. The logic was that a shrinking pandemic economy would combine with people moving out of cities to push costs down in a lasting way.

Ultimately, in most places, the opposite has happened. Home prices in the U.S., Canada, Britain, Germany, Australia and New Zealand rose between 25% and 50% since the outbreak of COVID-19.

This explosion was driven by a number of factors, including low interest rates, supply chain issues in construction and shortages in available properties caused in part by investors buying up large swathes of housing stock.

Yet some see another culprit deserving of particular attention: foreign buyers.

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Russia’s New Commander, More Classified Biden Files, Musk Record Loss

👋 Selamat pagi!*

Welcome to Thursday, where U.S. President Joe Biden aides find a second cache of classified files, Russia appoints a new commander in yet another military reshuffle, and Elon Musk really is a big loser. Meanwhile, speculation is rising that Brazil's former president Jair Bolsonaro and his family may take refuge in Italy, where they could qualify for citizenship.

[*Indonesian]

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Java Quake Death Toll Jumps, Defiant Iranian Soccer Players, Monster Goldfish

👋 Kaixo!*

Welcome to Tuesday, where the death toll in Indonesia’s earthquake rises to 252, the Iranian soccer team refuses to sing their national anthem in apparent support of protests, and holy carp, that’s a nice catch. Meanwhile, Suman Mandal in Indian website The Wire looks at how the deaths of migrant workers and Qatar's poor human rights record will linger over the World Cup.

[*Basque]

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Russia Declares Martial Law, Anarchy In The UK, HD Pillars Of Creation

👋 Kia ora!*

Welcome to Thursday, where Putin declares martial law in the Russian-occupied regions of Ukraine, UK Prime Minister Liz Truss clings to power and the James Webb telescope keeps wowing space enthusiasts. Meanwhile, Benjamin Quénelle reports for French daily Les Echos from the small Russian town of Ust-Labinsk, where support for Putin’s war remains strong.

[*Māori]

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In The News
Chloé Touchard, Lisa Berdet, Lila Paulou and Anne-Sophie Goninet

World Comes To New York, Myanmar School Attack, Vegan Bite

👋 Goedendag!*

Welcome to Tuesday, where world leaders start gathering in New York for the first in-person UN General Assembly since the pandemic, Iran faces growing protests after a young woman died following her arrest by the “morality police” for violating the hijab law and a group of scientists manage to estimate the total number of ants on Earth. Meanwhile, Jan Grossarth for German daily Die Welt unpacks the potential of “hempcrete,” i.e. bricks of hemp used as building material.

[*Dutch]

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In The News
Lisa Berdet, Chloé Touchard, Lila Paulou and Bertrand Hauger

Nuclear Experts Arrive At Zaporizhzhia, UN Condemns China For Uyghur Crimes, “Just Serena”

👋 សួស្តី!*

Welcome to Thursday, where the team of UN nuclear experts have arrived at Zaporizhzhia after being delayed by shelling, the UN reports “serious human rights violations” in China’s treatment of Muslim minorities, and Serena Williams’ on-court interview goes viral. And for Global Press Journal, Coraly Cruz Mejías looks at the effects of Puerto Rico’s updated gun laws.

[*Susadei - Khmer, Cambodia]

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In The News
Lisa Berdet, Lila Paulou, Joel Silvestri and Anne-Sophie Goninet

The Battle For Severodonetsk, Iran Raises Nuclear Eyebrows, Paula Rego Dies

👋 Aniin!*

Welcome to Thursday, where heavy fighting and shelling rock eastern Ukraine, Germany calls out Iran for its nuclear ambitions, and the art world mourns the passing of “visceral” painter Paula Rego. Meanwhile, our This Happened video format explores one of the most iconic photographs of the Vietnam War, which just turned 50.

[*Ojibwe - Canada]

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In The News
Lila Paulou, Lisa Berdet, Bertrand Hauger and Anne-Sophie Goninet

Alleged Mariupol Chemical Attack, 4 Million Displaced Children

👋 Khulumkha!*

Welcome to Tuesday, where reports have surfaced of a possible Russian chemical weapons attack in the besieged city of Mariupol, at least 25 die in a tropical storm in the Philippines, and a British woman breaks an exhausting world record. Meanwhile, Spanish independent magazine La Marea zooms in on BioTexCom, a Kyiv-based surrogacy clinic that continues to function in the middle of the war.

[*Kokborok - India and Bangladesh]

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food / travel
Gwendolyn Ledger

How Asia's High-End Demand Fuels South American Coffee Exports

Amid post-pandemic trade distortions and changing consumer habits, Latin American countries seeking to boost coffee exports should eye a growing specialty market in prosperous Asian countries.

SANTIAGO — Like many sectors of the economy, coffee production has suffered the impact of the coronavirus pandemic. But COVID-19 and a consequent change of habits that include working from home have also boosted consumption of hot and caffeinated drinks. Now, cultivators of a crop grown around the Tropic of Capricorn are striving to meet this global demand of around three billion cups of coffee per day.

As marketing consultants Euromonitor observed in a recent study, coffee is an eminently social drink and global lockdowns distorted social habits. At the same time, consumers are also seeking out drinks thought to boost the immune system and provide comfort during this troubling era.

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In The News
Anne-Sophie Goninet, Jane Herbelin and Bertrand Hauger

Pandora Papers, Japan’s New PM, Spicy Medicine Nobel

👋 Bom dia!*

Welcome to Monday, where the financial secrets of the rich and powerful are exposed in a massive data leak, the two Koreas get on the phone for the first time in months, Japan has a new prime minister and there's a spicy Nobel prize winner for medicine. For Paris-based daily Les Echos, we have Anna Rousseau reporting on how fashion-famous France is finally starting to catch up with the plus-size market.

[*Portuguese]

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WORLDCRUNCH
Carl Karlsson and Clémence Guimier

How Far The No-Vaxxers Will Go To Dodge Vaccine Mandates

Countries are rolling out increasingly aggressive campaigns in an international effort to vaccinate the world out of the COVID-19 pandemic. Two weeks ago, Italy became the first European country to make COVID-19 health passes mandatory for all workers, while others, including the U.S, France and Hungary, have mandated vaccination for federal workers or healthcare staff. Meanwhile, rules and laws are multiplying that require full vaccination to travel or enter movie theaters, restaurants and other indoor activities .

But with the increased pressure comes increased resistance: From anti-vaxxer dating to fake vaccine passports, skeptics are finding new — and sometimes creative — ways to dodge mandates and organize against their governments. Here's how people around the world are getting around vaccination rules:

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Geopolitics
Christina zur Nedden

Role Model No More: Why COVID Is Spreading In Asia

Asia was considered a role model in the fight against the pandemic. But now COVID-19 numbers are rising, forcing lockdowns just as the U.S. and Europe regain their freedom thanks in large part to high vaccination rates.

When Panji Respati comes home from work, he has seen at least one person die that day. The young doctor works at a clinic in Bandung, Java, Indonesia. At the moment, he says, there are approximately 150 people in the emergency room. His clinic is overcrowded and his colleagues are overwhelmed. "It's mainly older people and those with pre-existing conditions who are dying, regardless of whether they have been vaccinated once, twice, or not at all," Respati tells Die Welt by telephone.

Like most Indonesians who have received a vaccine despite the limited supply, they have been immunized with the Chinese vaccine Chinese vaccine Sinovac. The physician himself has been double-vaccinated and still contracted the Delta variant. "That's how it is for some here," he says.

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