Indonesia has one of the world's fastest growing economies, and it's already the largest in Southeast Asia. This growth and stability recently earned it a major credit upgrade at a time when Western countries are fearful of downgrades.
Yet this vibrant economy has an Achilles' heel: its crumbling, overwhelmed infrastructure.
The problem becomes painfully apparent this time every year, when the rainy season fills commuters with dread in the capital, Jakarta, and many other cities.
Originally published on Tue January 3, 2012 12:53 pm
For string quartet lovers, a new release by the Takács Quartet is always reason to celebrate. In recent years, their vividly intense recordings of Schubert, Schumann and Brahms, not to mention Bartok and Beethoven, have continued to garner the huge acclaim that has become the nearly default critical response over some three decades.
"This order for the mass evacuation of all persons of Japanese descent denies them the right to live," Seattle native Gordon Hirabayashi wrote in 1942. "I consider it my duty to maintain the democratic standards for which this nation lives. Therefore, I must refuse this order of evacuation."
America's big three automakers all experienced double-digit sales growth in 2011, helping the U.S. market continue its rebound from a dismal 2009. With annual reports out today, Chrysler says its sales were up 26 percent, while General Motors and Ford Motor Co. reporting gains of 13 and 11 percent, respectively.