Instead of the $10 million that Apple previously offered, Indonesian authorities are demanding $1 billion to be invested in the region
  • makingStuffForFun
    81·
    8 days ago

    So I have not kept up on this.

    Is this just large scale brown paper bag diplomacy?

    • Alphane Moon@lemmy.worldOPMEnglish
      61·
      8 days ago

      Was not aware about the “brown paper bag” idiom, seems to be a US-specific thing.

      This is a market access in exchange for local production issue. Commonly used by countries such as China (in some industry segments), India, Brazil.

    • Alphane Moon@lemmy.worldOPMEnglish
      21·
      8 days ago

      The initial $10M offering is how you know US oligarch groups are completely out of control and disconnected from reality.