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#prabowo #indonesia #indonesiadocumentary HOW THE EU’S PALM OIL BAN WILL BACKFIRE HOW THE EU’S PALM OIL BAN ON INDONESIA WILL BACKFIRE By the end of 2023, 11 EU countries had debt levels exceeding 60% of their GDP, which is the threshold set under the EU's Stability and Growth Pact. Italy and Greece each had debt levels even surpassing 135% of their GDP. these economic struggles have caused the prices of goods and services to rise in Europe, like food, energy, and housing. Many European people are finding it difficult to afford their daily needs, and some even struggle to pay their bills. This is just an image of how bad the EU’s economy has been in recent years. And Today, we’re diving into a story that shows how trying to bring someone down can sometimes hurt you even more. You’ve probably heard about the European Union’s big decision to ban palm oil from Indonesia, right? They claimed it was all about saving the environment and promoting sustainability. But, spoiler alert: it didn’t go as planned. Instead of weakening Indonesia’s economy, the EU’s move ended up being a major backfire. It hurt their own economy, which, let’s be honest, isn’t doing so great already. So, how did the EU mess this up? And how did Indonesia turn the tables? Let’s talk about it. the EU thought they had all the power to push Indonesia around. But Indonesia didn’t sit back and take the hit. They found new markets, strengthened trade relationships with other countries, and even boosted their domestic industry. Meanwhile, Europe is facing higher costs, a shortage of key resources, and growing economic problems. It’s like they shot themselves in the foot while trying to run a marathon. And the best part? The world is watching this unfold. What was supposed to be a big win for the EU has become a lesson in why underestimating others is a dangerous game. Please watch the full video for better understanding. Credits resources : DW News Reuters Al Jazeera English Andy's Adventures EU Debates TheColombusDispatch AFP News Agency FRANCE 24 English Kemhan RI Sekretariat Presiden bagus Gis music : https://inaudio.org/ ►This track: https://inaudio.org/track/bravery-tra... https://inaudio.org/ ►This track: https://inaudio.org/track/goodbye-piano/ https://inaudio.org/ ►This track: https://inaudio.org/track/pirate-cine...