Indonesia to join BRICS' New Development Bank
Indonesia will officially become a member of the New Development Bank (NDB), a multilateral financial institution established by BRICS nations, President Prabowo Subianto announced on Tuesday.
Torrential rain that began on Monday has led to widespread flooding in and around Indonesia's capital, forcing thousands of residents to evacuate their homes.
Floodwaters, reported to reach up to 3 meters, have submerged over 1,000 houses, blocked roads, and inundated vehicles, according to the country’s disaster agency.
Jakarta Governor Pramono Anung raised the alert level to the second highest of the critical stages and urged local authorities to activate water pumps and employ weather modification techniques—such as shooting salt flares into clouds—to try to mitigate the flooding before the rain reaches land.
In the eastern town of Bekasi, local media reported that floodwaters have swamped a hospital, with water entering some wards and causing power outages. As a result, patients have been evacuated to other facilities. Reuters reporters observed rescuers navigating thigh-high water on rubber boats to evacuate residents trapped in a housing complex since early morning.
“I hope the floods will soon recede,” said Sri Suyatni, 50, who was forced to leave her home with little time to collect her belongings after her entire house was submerged.
The Greater Jakarta metropolitan area, home to over 30 million people, is no stranger to flooding. However, several local sources noted that the current situation, particularly in Bekasi, is the worst seen since the major floods in 2020, when torrential rains—the heaviest in a single day since records began in 1866—claimed the lives of 60 people.
Aid groups in Myanmar’s worst-hit areas urgently need shelter, food, and water after a devastating 7.7 magnitude earthquake killed over 2,700 people. Rescue efforts face challenges due to ongoing civil war, damaged infrastructure, and restricted aid access, with the toll expected to rise.
French far-right leader Marine Le Pen was banned from running for public office for five years after being convicted of embezzlement, ruling her out of the 2027 presidential race. She received a four-year prison sentence, with two years suspended, and a €100,000 fine. Le Pen plans to appeal.
The Armenian armed forces attempted three reconnaissance drone flights over Azerbaijan Army positions near Gerenzur, but all were successfully intercepted. Meanwhile, Armenian units repeatedly fired on Azerbaijani positions from multiple regions, escalating tensions in the area.
Apple marked its 49th anniversary by reaching a market capitalization of $3.3 trillion. Despite recent tech stock volatility, Apple's shares surged 28% in 2024.
South Korea’s top court will decide on Friday whether to remove or reinstate President Yoon Suk Yeol, whose brief martial law order sparked the country’s biggest political crisis in years.
The Pentagon’s internal debate over restructuring key military commands — including potentially ending the U.S. monopoly over NATO’s top post — has raised red flags among generals and lawmakers alike, amid growing unease in Europe.
President Trump’s new tariffs hit 185 countries, with Kazakhstan facing the highest rate at 27%. Kazakhstan now seeks talks with U.S. officials to ease the impact.
The U.S. has pressured Lebanon to act against Hezbollah, urging the Lebanese Armed Forces (LAF) to enforce a ceasefire. The LAF, caught between U.S. demands and Hezbollah’s influence, risks losing vital U.S. support if it fails to act.
U.N. aid chief Tom Fletcher is set to visit Myanmar on Friday, following the country’s devastating earthquake. The U.N. is urging for urgent international assistance and unhindered aid access as the region grapples with the aftermath of the disaster.
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