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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Interpol takes whaling activist, Sea Shepherd founder off wanted list | Wildlife News
Canadian-American anti-whaling activist Paul Watson greeted Interpol’s decision with the words: ‘Finally I am free.’Interpol has lifted its red notice for Paul Watson, the founder of Sea Shepherd, who faced extradition to Japan over a 2010 whaling incident. While his lawyer noted the disproportionate nature of the charges and Denmark's refusal to extradite him, Watson remains at risk of arrest due to a standing Japanese warrant. Want More Context? 🔎
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