America's Attack and the Impact on the Indonesian Economy

The economy is expected to slide further downhill: businesses will slump and unemployment will rise. But don't be too quick to blame it on Osama or the United States.

October 16, 2001

A month ago, nobody would have thought the terrorist action that destroyed the World Trade Center's twin towers in New York and a wing of the Pentagon in Washington would result in militant rallies in Jakarta. The attack was too horrendous, the consequences too horrific, the incident too sudden. When the United States attacked Afghanistan three weeks later to punish the Taleban for refusing to turn over Osama bin Laden, the world realized a war ha...

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