Word: indonesian
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Dates: during 2000-2009
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...Because all of these countries are growing more robustly than the U.S., their interest rates are higher, thus creating a short-term opportunity for traders. Here's how it works with a currency like the Indonesian rupiah: the six-month London Interbank Offer Rate (or LIBOR, the benchmark for U.S. dollar borrowing), is now hovering at slightly less than 1%. That rock-bottom rate stands in stark contrast to the 6.5-7% rate of interest one can get from a short-term money market bill in Indonesia, where the 5-year government bond currently yields roughly 9%. The wide...
...short-term yield. One factor behind its growing popularity in Asia is because the other side of the trade - the currency one buys with the dollars one cheaply borrows - are mostly to be found in the Asia-Pacific region. Most coveted, according to traders, are the Australian dollar, the Indonesian rupiah, and even the infrequently circulated Sri Lankan rupee...
...Indonesian woman gave birth to a 19-lb. 2-oz. baby behemoth on Sept. 24, but that was only the second weirdest pregnancy tale of the month. The strangest belongs to Julia Grovenburg, a 31-year-old Arkansas woman who has a double pregnancy. No, not twins - Grovenburg became pregnant twice, two weeks apart. Isn't that supposed to be impossible...
...extremist teachings, others have been incubators for a more benign trend in the world's most populous Muslim nation: the development of feminist readings of the Quran and Islamic traditions. Indonesia's two largest Muslim political parties - the Nahdlatul Ulama and Muhammadiyah - have intricate campaigns promoting women's rights. Indonesian feminists, male and female alike, have worked with progressive pesantran to develop women-friendly interpretations of shari'a - a radical break with the conservative notions of shari'a across the Muslim world, which tend to be heavily reliant on the world views of medieval - and male - jurists...
...strong tradition of male authority in Indonesia, as well as a more recent trend towards fundamentalism, so feminists have to be careful to pick kyais who will be open to their teachings. Jakarta-based feminist activist Lies Marcoes-Natsir says much of her work is protecting indigenous Indonesian Islamic culture from the spread of stricter, Saudi-style Wahhabi interpretations of Islam. "The good thing is that [Indonesia's religious scholars] are also worried about Wahhabism, so we can work hand-in-hand with them," she says. Tellingly, Marcoes-Natsir finds that traditional scholars are easier to get through to than...