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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFiscal discipline in Indonesia can continue, former trade minister saysFormer Indonesian Trade Minister, Mari Pangestu, says maintaining consumption levels and increasing investments are the answer to achieving the government's 8% growth target. She also discusses the steps and challenges to developing Indonesia's human capital and productivity.
Persons: Mari Pangestu Organizations: Indonesian Trade Minister Locations: Indonesia
Top 10 people most likely to reach trillionaire status
  + stars: | 2024-09-06 | by ( Robert Frank | ) www.nbcnews.com   time to read: +3 min
According to a new report from Informa Connect Academy, which predicts trillionaire status based on average annual growth rate in wealth, Tesla CEO Elon Musk will likely be the first trillionaire. Musk is currently the world’s richest person, with $251 billion, according to the Bloomberg Billionaires Index. The second to reach trillionaire status, according to the report, will be India’s Gautam Adani, founder of the Adani Group conglomerate. If Adani maintains his recent annual growth rate of 123%, the report says he will be a trillionaire in 2028. The report predicts Pangestu could reach trillionaire status by 2028.
Persons: , John D, Rockefeller, Berkshire Hathaway, Warren Buffett’s, Elon Musk, Musk, Gautam Adani, Adani, Jensen Huang, Pangestu, Bernard Arnault, Mark Zuckerberg, Jeff Bezos, wouldn’t, Larry Page, Sergey Brin Organizations: , New York Times, Berkshire, Nvidia, Informa Connect Academy, Bloomberg, Connect, Adani Group, Barito, Meta, Google
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe should be deepening the regional value chain, says former Indonesian trade ministerMari Pangestu, independent non-executive director of AIA Group and former Indonesian minister of trade, discusses Indonesia's trade outlook and the importance of diversifying investment sources and markets.
Persons: Mari Pangestu Organizations: AIA Group Locations: Indonesian
(Photo by Kevin Frayer/Getty Images)Developing nations will need more than $1 trillion each year to make significant progress in climate transition, according Mari Pangestu, a former World Bank official. "The estimate is like $1 [trillion] to $3 trillion a year for developing countries to be able to transition," she told CNBC's "Squawk Box Asia" on Thursday. This has led to tensions between developing nations and the developed world, which are pushing for more progress in climate related issues. "This debate is going to continue unless developed countries can see that this is about development and climate — not just about climate," Pangestu, a former trade and tourism minister for Indonesia, said. This was "part of the bone of contention," for the lack of progress made in the recently concluded Group of 20 climate ministers meeting in India, Pangestu said.
Persons: Kevin Frayer, Mari Pangestu, CNBC's, Pangestu Organizations: World Bank Locations: Inner Mongolia, China, Indonesia, India
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDeveloping countries need over $1 trillion a year to make climate transition: Ex-World Bank officialMari Pangestu, former managing director for development policy and partnerships at the World Bank, says developed countries will need to recognize that "this is about development and climate, not just about climate — and that has been the source of tension."
Persons: Mari Pangestu Organizations: World Bank
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