They are infamous in the rest of the world for mudflows and their conflict with Nat Rothschild over Bumi Resources, but in Indonesia, the influence of the Bakrie family is far wider. As well as their business interests, the patriarch, Aburizal Bakrie, looks set to be a candidate for the presidential election in 2014. The FT's Ben Bland talks to him, his supporters and critics to unearth why the family holds such a privileged position in Indonesia For more video content from the Financial Times, visit http://www.FT.com/video
BY Eric Linton | November 11 2012 11:29 AM An attacker in an Afghan army uniform killed a member of the International Security Assistance Force in southern Afghanistan Sunday, the force said. "An individual in an Afghan National Army uniform turned his weapon against ISAF service members, killing one," an ISAF spokesman said, declining to give the victim's nationality. Mohammad Zarak, spokesman for the governor of Helmand province, said the shooting took place in Nad Ali district after an argument between an Afghan soldier and coalition forces.
Economics editor Chris Giles explains to capital markets editor Ralph Atkins his concerns about the robustness of data used by the International Monetary Fund to assess the impact of austerity measures on growth.
Follow The Daily Ticker on Facebook! In Hanna Rosin's new book " The End of Men: And the Rise of Women " she argues that women have gained a competitive advantage over men in the workplace. There are more female employees in 12 of the 15 fastest growing industries and more women are choosing occupations that were previously monopolized by men.
Nick Clegg delivered a keynote speech to the Liberal Democrat conference in Brighton, warning of the tough journey ahead in rebuilding the economy and winning back public trust. The FT's editor Lionel Barber analyses the speech with UK news editor Andrew Ward.
Follow The Daily Ticker on Facebook! Almost three years after Europe started to experience a credit crisis that threatened to unravel its monetary union, the European Central Bank today announced a program that has the potential to turn things around.
Follow The Daily Ticker on Facebook! Many of those who work on Wall Street go through a process in which they gradually learn that what is perceived as "smart investing" is often unbelievably dumb. Specifically, they learn that many of the recommendations that Wall Street makes--and the transactions that Wall Street gets paid to facilitate--are not in their clients' best interests
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Follow The Daily Ticker on Facebook! In an economy where millions are unemployed for months or even longer, you might think that those who are employed would be feeling good about their job, maybe even lucky. Think again. A joint survey from PARADE magazine and Yahoo! Finance of 26,000 Americans found that almost 60 percent would choose a different career.
Follow The Daily Ticker on Facebook! Apple ( AAPL ), riding high after a jury ruled that competitor Samsung had infringed on its intellectual property, filed papers Monday to ban U.S. sales of eight older Samsung smartphone product, including the Galaxy S 4G and the Droid Charge; Samsung's top-selling Galaxy S III was excluded in patent lawsuit. The news helped drive shares of Apple to another record high on Monday and the stock has gained more than 66 percent since January
Stockton, California , officially has filed for Chapter 9 protection after talks with bondholders and labor unions failed, making it the largest-ever U.S. city to file for bankruptcy.