1/31/2022: Turkey’s money problems, Indonesia’s big move

Nusantara image from Future Southeast Asia

Pocket dictionary: age of majority. The Philippines raises its age of consent. Turkey gambles on its untraditional monetary policy. Indonesia’s capital moves — but not necessarily for why you think.

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Turkey’s monetary policy sources:

1. Reuters: https://www.reuters.com/markets/europe/turkey-passes-law-exempting-converted-lira-deposits-corporate-tax-2022-01-21/
2. Hurriyet Daily News: https://www.hurriyetdailynews.com/parliament-passes-law-imposing-higher-fines-for-stockpiling-170609
3. CNBC: https://www.cnbc.com/2022/01/05/turkish-lira-falls-as-inflation-hits-nearly-two-decade-high.html
4. Moneyweek: https://apple.news/AGXP2bC3hQ_qxKhaUvZzKyg
5. Financial Times: https://www.ft.com/content/ed5918a8-d699-417b-a0f8-4e947fee3dc7

Indonesia’s capital sources:

1. BBC: https://www.bbc.com/news/world-asia-60037163
2. CNN: https://www.cnn.com/travel/article/indonesia-nusantara-new-capital-intl-scli/index.html
3. NPR: https://www.npr.org/2022/01/26/1075720551/jakarta-indonesia-sinking-into-java-sea-new-capital