Cempaka Business and Economy: Indonesia cuts fuel price again to curb inflation

"A Summary" – Apr 2, 2011 (Kryon channelled by Lee Carroll) (Subjects: Religion, Shift of Human Consciousness, 2012, Intelligent/Benevolent Design, EU, South America, 5 Currencies, Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Middle East, Internet, Israel, Dictators, Palestine, US, Japan (Quake/Tsunami Disasters , People, Society ...), Nuclear Power Revealed, Hydro Power, Geothermal Power, Moon, Financial Institutes (Recession, Realign integrity values ..) , China, North Korea, Global Unity,..... etc.) - (Text version)

"The Timing of the Great Shift" – Mar 21, 2009 (Kryon channelled by Lee Carroll) - (Text version)

“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.
They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."

"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)

"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it), Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse), Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

“… The Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …”

Monday, January 12, 2009

Indonesia cuts fuel price again to curb inflation

By Muklis Ali, Reuters, Mon Jan 12, 2009 1:10pm GMT

JAKARTA, Jan 12 (Reuters) - Indonesia's president cut fuel prices for the third time in six weeks in a bid to reduce inflation and combat the impact of the global crisis ahead of elections this year in Southeast Asia's biggest economy.

"With this decision we expect to see a direct or indirect impact on prices of goods," President Susilo Bambang Yudhoyono told a press conference.

Finance Minister Sri Mulyani Indrawati said the cut in fuel prices would feed into lower transportation costs, and ease inflationary pressures in January and February.

"The trend of declining prices is expected to help ease inflation to single digits, approaching 6 percent in the near future," Indrawati said.

Annual inflation was 11.06 percent in December. The government had forecast annual inflation in the range of 6-7 percent for 2009.

The reduction in fuel prices follows several other measures, including interest rate cuts and a fiscal stimulus package, aimed at spurring growth which the government earlier this month said could slow to around 5 percent in 2009 from an estimated 6.2 percent in 2008.

The 10 percent and 6.3 percent reductions in gasoline and diesel fuel announced on Monday will take effect on Jan. 15 and should help ease inflationary pressures, paving the way for the central bank to cut its key interest rate BIPG again.

Bank Indonesia has cut twice, by a total of 75 basis points, since early December, bringing the key rate down to 8.75 percent.

The government announced a 72 trillion rupiah ($6.5 billion) fiscal stimulus in early January, with plans to spend heavily on the country's creaking infrastructure in order to create jobs and drive economic growth.

Indonesia already has some of the lowest fuel prices in Asia, thanks to state subsidies. Since Dec. 1, the government has cut gasoline prices by 25 percent in total and diesel by 18 percent.

"It may help restore purchasing power. But due to psychological factors, people may not spend their money and may save it instead," said David Sumual, an economist at Bank BCA.

"To create demand, the focus of the government should be on the fiscal stimulus, including spending and tax cuts, not price cut". ($1=11,075 Rupiah)

(Additional reporting by Dicky Kristanto and Tyagita Silka; Editing by Sara Webb and Toby Chopra)

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Monday, January 12, 2009

Indonesia cuts fuel price again to curb inflation

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