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.
Prabowo stated that joining the NDB would significantly aid Indonesia in accelerating its economic transformation. The NDB, which was created by Brazil, Russia, India, China, and South Africa, has expanded its membership to include additional nations such as Egypt, Ethiopia, Iran, and the United Arab Emirates.
The announcement came during a visit by NDB President and former Brazilian President Dilma Rousseff, who highlighted the bank's interest in collaborating with Indonesia on various sectors, including renewable energy, biodiesel, and technological development. Rousseff added that Prabowo had presented numerous potential projects for collaboration with the NDB.
Indonesia's membership in the NDB marks a strategic step in deepening its economic ties with the BRICS nations, and it is expected to open new avenues for investment and development in the country.
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Indonesia and Australia have signed a security treaty on Friday (6 February) that commits them to consult each other if either country is threatened, Indonesian President Prabowo Subianto said.
The death toll from last week’s landslide in Indonesia has climbed to 60 as search and rescue teams continued operations on the seventh day to locate 20 people still missing in West Java.
A routine military training exercise turned into a major recovery mission this week after a catastrophic mudslide swept through a hillside in West Java, Indonesia.
U.S. President Donald Trump has criticised American freestyle skier Hunter Hess after the athlete said he felt conflicted about representing the United States at the Winter Olympics in Italy, sparking a public clash that highlights growing political tensions surrounding the Games.
U.S. skiing great Lindsey Vonn underwent surgery in an Italian hospital on Sunday after her attempt to win Olympic downhill gold ended in a violent crash just seconds into the race at the Milano Cortina Winter Games.
JD Vance arrived in Armenia on Monday (9 February), becoming the first sitting U.S. Vice President to visit the country, as Yerevan and Washington agreed to cooperate in the civil nuclear sector in a bid to deepen engagement in the South Caucasus.
The death toll from the collapse of two residential buildings in the northern Lebanese city of Tripoli has risen to 15, state media said on Monday, as rescue teams wrapped up search operations and officials warned that more people could still be missing.
António José Seguro’s decisive victory over far-right challenger André Ventura marks an historic moment in Portuguese politics, but analysts caution that the result does not amount to a rejection of populism.
Cuban aviation authorities have warned airlines of jet fuel shortages at nine airports, including Havana’s José Martí International Airport, from 10 February to 11 March, as a worsening energy crisis, intensified by U.S. sanctions, hits the country.
The European Union has proposed extending its sanctions against Russia to include ports in Georgia and Indonesia that handle Russian oil, the first time the bloc would target ports in third countries, a proposal document showed on Monday.
China will offer firm support for "patriotic pro-reunification forces" in Taiwan and strike hard against "separatists", the top Chinese official in charge of policy towards the democratically-governed island said on Tuesday (10 February).
Buckingham Palace said it is ready to support any police investigation into allegations that Prince Andrew shared confidential British trade documents with late sex offender Jeffrey Epstein, as King Charles expressed “profound concern” over the latest revelations.
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