Indonesia’s foreign debt continues to rise, primarily because private sector debt is growing. Of the various issues related to private sector foreign debt, the composition of new debts to pay old debts needs to be given attention. The ‘nomenclature’ of this kind of foreign debt is referred to as ‘refinancing’.

Taufik Wijaya, Palembang – The inauguration of President Susilo Bambang Yudhoyono and Vice President Boediono on October 20 was also greeted by protest actions in Palembang, South Sumatra, demanding that Yudhoyono and Boediono prove that they are not adherents of neoliberalism.

[The following is a statement from (the temporary) National Collective of National Student League For Democracy-The Politics of The Poor (Liga Mahasiswa Nasional untuk Demokrasi-Politik Rakyat Miskin, LMND-PRM), Indonesia, about the capitalist crisis now and the solutions being taken by our government, the Susilo Bambang Yudhoyono-Jusuf Kalla re

[The following is a compilation of abridged translations on demonstrations between September 16-25 against the government’s plan to increase fuel prices by as much as 60 per cent on October 1.]

Malang students oppose fuel price increases

Detik.com – September 16, 2005