Indonesia’s efforts to attract capital from tech companies like Apple through local investment and manufacturing requirements may not yield long-term gains, economists caution. With long-standing local content policies preventing Apple from selling its newest iPhone model in the country, Indonesia plans to increase local content requirements for smartphone investments after rejecting a $100 million proposal from Apple and asking for a $1 billion investment in cell phone component production. While the aim is to protect local industries and create a value-added supply chain, economists argue that the policy is misguided and may not address the deeper reasons why Indonesia struggles to attract tech supply chains.
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As Trump administration eases EPA regulations, Houston could pay a price
SummarySince President Trump's administration began, the Environmental Protection Agency has been rolling back pollution regulations, impacting health in communities like Houston near coal plants. A study indicated that pollution from the NRG Energy coal plant is responsible for 177 premature deaths annually, disproportionately affecting low-income, minority populations. Critics argue that increasing reliance on coal harms public health and advocate for renewable energy as a cleaner, more reliable alternative, while the Trump administration defends deregulation as...
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