Barkah News

                                                                             Source Yahoo finance Masayoshi Son Lost His Credibility and $11.5 Billion Due to the WeWork Saga In Bloomberg The bankruptcy filing of WeWork Inc. brings to an end a protracted legal battle that exposed startling weaknesses in Japanese billionaire Masayoshi Son's investing strategy, harming his standing in the business considerably more than the money he lost. Overriding the protests of his lieutenants, Son gave WeWork founder Adam Neumann billions of dollars from the Vision Fund and SoftBank Group Corp., driving the co-working space's valuation to an astounding $47 billion in the first quarter of 2019. A few months later, WeWork's IPO papers exposed significant losses and conflicts of interest, which incensed investors. SoftBank is suffering larger losses from WeWork's subsequent collapse than from the projected $11.5 billion in stock losses and the additional $2.2 billion in debt that is stil

                                                                                            Source Antara Human rights are given priority in ASEAN human trafficking proceedings by Komnas HAM. ANTARA, Badung, Bali - As human trafficking cases in ASEAN are linked to the violation of fundamental human rights, the National Commision on Human Rights (Komnas HAM) said on Tuesday that it is giving human rights-based handling priority. "As a follow-up to the cases, all parties involved in handling human trafficking must integrate (human) rights into their analysis," stated Atnike Nova Sigiro, chairperson of Komnas HAM, during the ASEAN Regional Conference on Human Trafficking in Kuta, Bali. She clarified that the Witness and Victim Protection Agency (LPSK), the Ministry of Foreign Affairs, the Ministry of Manpower, the Ministry of Women's Empowerment and Child Protection, and the police are all active in the fight against human trafficking. She said that forced labour, forced mar

                                                                                  Source Thejakartapost The wildfire on Mount Rinjani is still growing, and the climbing path may have to be closed. (The Jakarta Post) News Desk Sun., November 5, 2023, Jakarta On Thursday, the wildfire in Mount Rinjani National Park had grown from 30 hectares to over 95 hectares. The national park's chief officer for land and forest fires, Lalu Santawana, reported that 19 new hot spots had been found on Thursday. With this, there are now 26 hot spots in all. Tuesday saw the start of the wildfire in East Lombok's Gomongan forest. It is thought that local hunters started the original fire, which was exacerbated by the dry conditions brought on by the protracted dry season. "Over an area of 30 ha, the fire's coordinates are 08°23'24.28" S 116°30'17.84 "E," according to Dwi Pangestu, the national park's head of administration. According to the official, among

                                                                                  Source Antara Jakarta  Implementing the constitution includes saving Palestine: MPR Antara Jakarta - Jazilul Fawaid, the deputy speaker of the People's Consultative Assembly (MPR), declared that preserving Palestine is a component of Indonesia's constitutional implementation. "Saving humanity entails saving Palestine. During his Sunday speech at the Solidarity Act for Palestine in Jakarta, he stated that "saving Palestine is part of implementing the Indonesian constitution." In line with the principles of Indonesia's constitution, Fawaid stated that it is his duty as the MPR's representative to collaborate with the Indonesian people in upholding and defending the rights and dignity of the Palestinian people. "I, representing the high state institution MPR, am here to emphasize and jointly take part in the grand action to defend the Palestinian people in accordan

  Source Abu Dhabi (CNN) Saudi Arabia's economy has reversed due to the country's reduction in oil production. Following a reduction in output by the world's largest crude oil exporter to support prices, Saudi Arabia's economy has reversed course. The country's official statistics agency announced this week that the third quarter of 2023 saw a 4.5% year-over-year decline in Saudi Arabia's gross domestic product, the broadest indicator of the country's economic health. Since the Covid-19 epidemic in 2020, that contraction has been the biggest. The decline would have been far more severe if non-oil activities hadn't grown by 3.6%. Even though the nation's enormous oil industry had been contracting for months, the economy as a whole managed 1.2% annual growth in the second quarter. The third quarter saw the worst year-over-year decline in the kingdom's oil sector since at least 2011 as a result of the voluntary reductions in oil production intended

                                                                           Source Forests News What occurs when funding for conservation ends? Payments for Environmental Services (PES), also referred to as conservation payments, are a well-liked method for halting deforestation and preserving tropical forests. The tactic is to give land managers conditional rewards in the form of cash or in-kind benefits in exchange for their active support of forest protection. The idea is to increase the financial value of standing forests over chopped ones. This indicates that the amount paid for forest protection must be more than the opportunity cost of preventing deforestation, or the money lost by giving up economically dependent on deforestation activities (like large cow ranching and swidden agriculture). The majority of PES impact evaluations show some progress in stopping deforestation and preserving forests. However, little is known about how long-lasting conservation successes are when fun

Source tempo.co Indonesia and the UK Ink Cassava Export Deal Jakarta's TEMPO.CO Particularly in light of the UK's Brexit, Indonesia and the UK have reached an agreement on the country's concession timetable for the Tariff Rate Quota (TRQ) with country-specific Indonesia for cassava goods. With a 6 percent tariff, Indonesia may export up to 660,000 tons of cassava (HS 071410) annually using this. On October 24, at the World Trade Organization's Senior Official Meeting (SOM) in Geneva, the agreement was signed (WTO). The agreement was signed by DG Djatmiko Bris Witjaksono of Indonesian International Trade Agreements Negotiations and DG Joanna Crellin of the UK Trade System. Djatmiko said that Brexit's opportunities and challenges were the reason behind Indonesia and the UK's agreement. First of all, TRQ varies per nation. This means that just 660,000 cassava are meant for Indonesia annually. Second, the import duty on cassava will drop to 6% as a result of this ar