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Indonesia’s inflation soars to a five-year high

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2 years ago

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Indonesia’s inflation rate has hit a five-year high, as businesses continue to pass rising costs onto consumers

As countries around the world deal with the rising cost of living, Indonesia’s inflation rate has exceeded predictions.

The country’s consumer price index rose just above 4 percent in June, which is the biggest year-on-year climb since 2017.

This blew the Bank of Indonesia’s estimates out of the water, with the Bank expecting a rise of between 2 and 4 percent.

Experts say June’s inflation was largely triggered by red chilies, cayenne pepper, cooking oil, and shallots.

Prices of food, beverages, and tobacco all rose above 8 percent, and transportation is also helping drive inflation, especially in airline passenger fees due to high fuel costs.

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William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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Cinema recycling films in lieu of fresh content?

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13 hours ago

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May 3, 2024

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In an industry constantly looking towards the future, anniversary re-releases offer a welcome opportunity to celebrate the past.

In an era of nostalgia, anniversary re-releases of classic films like “Star Wars Episode 1: The Phantom Menace,” “Spider-Man 2,” and “Shrek 2” are captivating audiences anew.

From the thrill of podracing to the iconic battles between heroes and villains, these films offer a chance to relive cherished moments on the big screen.

Tobey Maguire’s Spider-Man swings back into action, Shrek and his crew return for another hilarious adventure, and the galaxy far, far away beckons once more.

As fans of all ages flock to theaters, these timeless classics remind us why great storytelling endures, bridging generations and captivating audiences with their magic.

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TikTok’s fate in the United States

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23 hours ago

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May 3, 2024

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TikTok’s fate in the United States has never been more in doubt.

Congress approved a bill, which President Joe Biden signed into law that gives its Chinese parent company two options: sell it to an approved buyer or see it banned.

But now, the owners of the popular social media app says they’re preparing to challenge the statute in court.

Andy Keiser a Senior Fellow at the National Security Institute, and a Former Senior Advisor for the House Intelligence Committee joins Veronica Dudo to discuss. #IN AMERICA TODAY #featured #business #socialmedia #TikTok #TikTokban #nationalsecurity

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The ongoing alcohol related research many ignore

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2 days ago

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May 2, 2024

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New research shows the impact of alcohol on our gut microbiome.

Alcohol affects gut microbes, potentially leading to gut imbalance and heightened cravings.

Research suggests moderate drinkers have healthier gut microbiomes. While red wine consumption may enhance gut diversity, similar benefits can be found in plant-based and fermented foods. Dysbiosis may worsen addiction, highlighting the need for holistic approaches to treatment.

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