Thousands of protesters set fire to barricades and police posts in the Indonesian capital Thursday as opposition mounted to a controversial new investment law critics say will harm labour rights and the environment.
Tens of thousands of people have protested in cities across the archipelago since Monday’s passing of the bill, which seeks to attract foreign investment by cutting red tape around taxation, labour and environment regulations.
Labour activists and green groups have slammed the legislation, however, with Amnesty International saying it is “catastrophic” for workers.
Nearly 13,000 police deployed Thursday to block access to government buildings in central Jakarta failed to stop protesters from making their way to the heart of the capital.
The protesters set fire to barricades and torched several bus stops and police traffic posts.
Police had banned the protests on the grounds it could spread the coronavirus. At least 300,000 people have been infected in
By Jamie McGeever
BRASILIA (Reuters) – Brazil’s government posted a primary budget deficit of 96.1 billion reais ($17 billion) in August, the Treasury said on Monday, as the coronavirus crisis continued to necessitate huge emergency spending.
The deficit, excluding interest payments, was slightly less than the 98.7 billion reais deficit economists in a Reuters poll had predicted. The shortfall, excluding interest payments, expanded in the first eight months of the year to 601.3 billion reais.
That compares with an accumulated deficit of 52.1 billion reais in the same period last year, Treasury said.
In the 12 months to August, the deficit totaled 647.8 billion reais, or 9% of gross domestic product, Treasury said. The government’s 2020 forecast is for a record-busting