Today's Top 3 News: Economist Says Indonesia Joins BRICS Not to Dedollarize

TEMPO.CO, Jakarta - Tempo English compiled the on Tuesday, February 11, 2025. Here are the highlights: Economist Says Indonesia Joins BRICS Not to Dedollarize, but to Expand Trading Partners; BMKG: 3 Active Cyclone Systems Around Indonesia, Including 96S that Triggered Strong Winds in Bali; and 10 Passive Income Ideas for Students: Make Money Without the Hustle.

The following is the list of the top 3 news on Tempo English today:

1. Economist Says Indonesia Joins BRICS Not to Dedollarize, but to Expand Trading Partners 

TEMPO.CO, Jakarta - Bank Permata Chief Economist Josua Pardede assessed that Indonesia's membership in does not necessarily mean supporting the dedollarization agenda echoed by China and Russia. According to him, this decision is more aimed at expanding trading partners and strengthening Indonesia's economic position in the global arena.

Josua explained that the government is indeed encouraging the Local Currency Transaction (LCT) scheme to reduce dependence on the US dollar in international trade. However, he emphasized that it is not part of a grand strategy to abandon the dollar altogether.

2. BMKG: 3 Active Cyclone Systems Around Indonesia, Including 96S that Triggered Strong Winds in Bali 

TEMPO.CO, Jakarta - The Meteorology, Climatology, and Geophysics Agency () continues to monitor the movement of tropical cyclone seeds that have affected weather conditions in Indonesia lately. Referring to the official statement released by BMKG at 10:00 WIB (Western Indonesian Time) Monday morning, February 10, 2025, there are three active cyclone phenomena around Indonesia.

Tropical Cyclone Taliah, referring to the information, was observed in the Indian Ocean. Its center point is 1,580 kilometers southwest of Bengkulu. This cyclone has a maximum wind speed of 35 knots or 65 kilometers per hour, with a minimum air pressure of 995 hectopascals (hPa).

"Taliah's maximum wind speed is predicted to increase in the next 24 hours and move west-southwest, away from Indonesia," reads the official statement from BMKG.

3. 10 Passive Income Ideas for Students: Make Money Without the Hustle 

TEMPO.CO, Jakarta - Being a student can be expensive nowadays. Between tuition fees, textbooks and the mandatory iced latte, it can often feel like your short on cash. But not to worry we’ve got you covered. These streams will have you earning money in your sleep!

Unlike a regular 9-5, passive income allows you to make money while you sleep. You don’t need a ton of time or experience to make money with the methods we have here.

So, if you’re a student looking to make a little extra cash and has some creativity and time, here are some money-making methods, as recommended by Forbes, Indeed and Amber Student.

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