Tony Blair adalah konco/anteknya George Bush dimana kedua orang ini adalah "war 
criminal" dgn. penyerangan Irak-nya dgn. mebuat berita kebohongan "weapon of 
mass destruction". Mereka barangkali tidak berani pergi ke LN sebab mereka 
adalah war criminal. Betul tindakan pak presiden.
 

---In GELORA45@yahoogroups.com, <comoprima45@...> wrote :

 JITU pak PRESIDEN !! TEGAS DAN BIJAKSANA. 
 TUTUP PINTU selamanya untuK TONY BLAIR dan  business partnerships with J.P. 
Morgan Chase & Co.
 They are nothing but The Rough and Greddy Cheater Bunch..... 
 

 JP MORGAN dibawah Yayasan Scholarship TONY BLAIR memberikan kesempatan 
Scholrship  atau Bea Siswa untuk mejadi Para Expert JP MORGAN ( para Analytic 
dan Financial Advicer ) bagi ANAK2  PARA PEJABAT TINGGI diantaranya DI 
REP.CHINA  dengan Tujuan (  jelas Tidak dinyatakan dan tidak Nampak dimata umum 
maupun oleh Umum Media ...) untuk MENJADIKAN ANAK  PEJABAT TINGGI PEMERINTAH 
TSB MENDAPATKAN CARRIER YANG BAIK UNTUK KEMUDIAN DISUSUPKAN dan MENDAPAT TUGAS 
untuk MEMPENGARUHI ORANG2 TUANYA  yang menjabat Kedudukan Tinggi di 
Pemerintahan dan atau di Lembaga2 KENEGARAAN/


 

 >> Suatu Politik KUDA TROYAN JP MORGAN CHASE melalui Yayasan Scholarshipnya 
 >> dibawah TONY BLAIR yang juga aktive bekerja  sebagai Top Advisor dari JP 
 >> MORGAN CHASE &  CO 
 

 NOTE: 
 Pemerintah Rp.China pernah mengajukan Gugatan Serious dan Nota Keras terhadap 
Usaha Penyusupan Intelektuil ( Kuda Troyan) JP MORGAN tsb. dn Penetrasi Politik 
kedalam Tubuh lebaga Negara dan kehiduupan Poltik Rep.China
 

 

 

 
 On 4 January 2017 at 04:48, jonathangoeij@... mailto:jonathangoeij@... 
[GELORA45] <GELORA45@yahoogroups.com mailto:GELORA45@yahoogroups.com> wrote:
   
 

 Indonesia Cuts Ties With J.P. Morgan Over Downgrade 
http://www.wsj.com/articles/indonesia-cuts-ties-with-j-p-morgan-over-downgrade-1483434650
 
 Equities downgrade could destabilize country’s financial system, Indonesia 
officials say 

 J.P. Morgan was one of several banks appointed to receive repatriated funds 
from Indonesians in a tax-amnesty program aimed at boosting funding for 
President Joko Widodo’s infrastructure projects. PHOTO: MONEY SHARMA/AGENCE 
FRANCE-PRESSE/GETTY IMAGES

 

 By  BEN OTTO and
  I MADE SENTANA

 Updated Jan. 3, 2017 8:20 a.m. ET 6 COMMENTS 
http://www.wsj.com/articles/indonesia-cuts-ties-with-j-p-morgan-over-downgrade-1483434650#livefyre-comment

 JAKARTA—Indonesia’s government has cut its business partnerships with J.P. 
Morgan Chase & Co., saying the bank’s recent rating downgrade of the nation’s 
stocks, based in part on Donald Trump’s U.S. election win, could destabilize 
Indonesia’s financial system.
 J.P. Morgan had multiple business partnerships with the government of 
Southeast Asia’s largest economy, including acting as one of several banks 
appointed to receive penalty payments from Indonesians in a tax-amnesty program 
aimed at boosting funding for President Joko Widodo’s ambitious infrastructure 
projects. J.P. Morgan is one of the largest foreign banks operating in 
Indonesia.
 In a letter announcing the decision, the Finance Ministry’s treasury 
directorate general said that, effective Jan. 1, it was ending all partnerships 
with J.P. Morgan because of the bank’s research that the government said could 
disturb the stability of the country’s financial system.
 In a Nov. 13 report about the global repercussions of Mr. Trump’s victory, 
J.P. Morgan downgraded its rating on Indonesian equities to underweight from 
overweight, noting that a rise in bond-market volatility “increases 
emerging-market risk premiums” and “potentially stops/reverses flows into 
emerging-market fixed income.”
 “There are losers from Trumponomics,” the report said. An underweight rating 
means the bank expects an investment to underperform others over the next six 
to 12 months. The bank also downgraded Turkish equities to underweight and 
Brazil to neutral.
 J.P. Morgan will also no longer act as a government-appointed primary dealer 
in government domestic bond auctions, nor as a panelist for Indonesia’s global 
dollar-bond offerings, Robert Pakpahan, Indonesia’s director general of budget 
financing and risk management, said Tuesday. The bank’s research wasn’t 
credible and accurate, he said.
 “We don’t close ourselves to assessment because it’s important for us to 
improve ourselves,” Finance Minister Sri Mulyani said. “But the institutions 
with big names have very high responsibility in creating positive psychology 
instead of doing [something] misleading.”
 J.P. Morgan declined to comment on Indonesia’s views.
 The bank said its business in Indonesia continues to operate as usual and that 
the effect on clients is minimal. It said it is working with the Finance 
Ministry to resolve the issue.
 J.P. Morgan has worked on six debt-capital-markets deals for the Indonesian 
government since 2012 worth $13.7 billion, including a $3.4 billion deal it 
worked on with other banks in June last year, according to Dealogic.
 On Nov. 14, the day after J.P. Morgan’s report was issued, the yield on 
Indonesia’s 10-year government bond shot up 0.466 percentage point, its biggest 
intraday jump since January 2011, to 7.895%. Yields rise as prices fall.
 The moves came amid a sharp selloff in government bonds around the globe after 
Mr. Trump’s Nov. 8 victory, which bruised emerging markets. Foreign investors 
sold $1 billion worth of Indonesian debt in just one week after the election, 
about 13% of net inflows for the entire year at that point.
 



 Mr. Trump’s victory triggered a selloff especially in emerging-market stocks 
and bonds, with investors pushing up U.S. stocks and Treasury yields on the 
president-elect’s plans for tax cuts and higher infrastructure spending. In 
Indonesia, the local stock market has lost almost 4% of its value since the 
election, while the rupiah has slid 3% against the U.S. dollar. In the fourth 
quarter last year, foreigners sold a net $2.8 billion in stocks and bonds.
 Harry Su, an analyst with Bahana Securities in Jakarta, said he has mixed 
feelings about the report and the government’s decision. “I think the 
government expects greater support and a more balanced report from its 
partners,” he said. But he added, “Negative feedback also provides a positive 
warning system for the government.”
 Indonesia is a $900 billion economy that has been growing at 5% or better in 
recent years. Ms. Mulyani, a former managing director for the World Bank, took 
over the Finance Ministry last year amid efforts by President Widodo to inject 
changes and fresh credibility into an economy that he says could be growing 7% 
a year by 2019.‎
 Ms. Mulyani has been attempting to bring more credibility to the Finance 
Ministry, including by cutting spending and implementing reforms to increase 
tax collection.
 Write to Ben Otto at ben.otto@... mailto:ben.otto@... and I Made Sentana at 
i-made.sentana@... mailto:i-made.sentana@...
 
 


 

 

 
 
 
 
 





 

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