Peter Lockyer, David Thaxton & More to Step Into West End’s Les Miz

first_img Rob Houchen, Carrie Hope Fletcher and Wendy Ferguson will continue their performances as Marius, Eponine and Madame Thenardier, respectively. Based on the novel by Victor Hugo, Les Miserables originally opened in London at the Barbican Theatre on October 8, 1985.The story begins in 1815 as Jean Valjean, a man condemned to 19 years of hard labor for stealing a loaf of bread, finds only hatred and suspicion when he is released on parole and breaks free, yearning for a new life. Claude-Michel Schonberg and Alain Boublil’s score contains the signature numbers “I Dreamed a Dream,” “On My Own,” and “One Day More.” View Comments Lockyer recently played the role of Jean Valjean in the 25th Anniversary North American tour of Les Miz, having previously taken on the role of Marius on Broadway. He has also appeared on the Great White Way in Miss Saigon. Thaxton received a 2011 Olivier Award for his performance in Passion at the Donmar Warehouse, and has appeared in the West End previously in Les Miz as Enjolras and in Love Never Dies as Raoul. Edden earned a Tony nod for One Man, Two Guvnors on Broadway. Schoenmaker returns to Les Miz after making her West End debut as Fantine last year. Colbourne, who recently appeared in Follies at the Yvonne Arnaud Theatre, makes his West End debut as Enjolras. Fleming was a Dorothy finalist in BBC One’s Over the Rainbow. A new crew of convicts, inspectors, revolutionaries and more are getting ready to storm the barricades. The record-breaking West End production of Les Miserables will welcome Peter Lockyer as Jean Valjean, Olivier Award winner David Thaxton as Javert, Tony nominee Tom Edden as Thenardier, Celinde Schoenmaker as Fantine, Michael Colbourne as Enjolras and Emilie Fleming as Cosette. The new cast members will take their first bow on June 16 at the Queen’s Theatre.last_img read more

Odds & Ends: Joe Jonas’ DNCE Set for Grease: Live & More

first_img View Comments P.S. The 61st Annual Obie Awards, which recognize excellence in off-Broadway and off-off-Broadway theater, will be held on May 23 at Webster Hall; Lea DeLaria has been enlisted to return as host. Here’s a quick roundup of stories you may have missed today. Joe Jonas’ DNCE Set for Grease: LiveThey’re the ones that we want! Joe Jonas (not to be confused with his little brother Nick, who is a Broadway alum) will appear on Grease: Live with a slew of Main Stem faves including Aaron Tveit and Vanessa Hudgens. PEOPLE reports that Joe and his DNCE bandmates have been tapped for the upcoming telecast on January 31; they are set to play Johnny Casino and the Gamblers during the infamous school dance sequence at Rydell High. Did we mention that we’re already knee-deep in our viewing party plans?Joe Iconis’ New Tuner Will Bow at BSCWe’re dreaming of those summer nights…in the Berkshires. Joe Iconis’ (Be More Chill, Smash’s “Broadway Here I Come”) new musical will make its world premiere at the Barrington Stage Company this summer. Directed by Leah Gardiner and inspired by the Blaxploitation movies of the 1970’s (think Shaft), the production will play a limited engagement August 12 through September 3. Opening night is set for August 19 at the St. Germain Stage. Other productions slated for BSC’s season include a revival of Gilbert & Sullivan’s The Pirates of Penzance, helmed by Tony winner John Rando and choreographed by Joshua Bergasse, which will run July 15 through August 13, officially opening on July 20 at the Mainstage.$100,000 Kleban Prize AnnouncedHugh congratulations to Stacey Luftig and Daniel Goldstein, who have been honored with the 26th annual Kleban Prize, each winning $100,000, payable over two years. Luftig takes home the accolade for most promising musical theater lyricist, and Goldstein most promising musical theater librettist. Established in 1988 under the will of Tony winner Edward L. Kleban (A Chorus Line), the Kleban Foundation has awarded approximately $5,000,000 to 62 artists including Tony winner Jason Robert Brown and EGOT-er Robert Lopez. This year’s private ceremony will take place on February 8 at the American Society of Composers, Authors and Publishers.Broadway Backwards Sets 2016 DateBroadway Backwards, the annual celebration where the LGBT community sees its stories told through the great songs of musical theater by a plethora of Great White Way mainstays, will return for its 11th edition on March 21. This year’s one-night-only event is set to play at the Al Hirschfeld Theatre and benefit Broadway Cares and the Lesbian, Gay, Bisexual & Transgender Community Center in New York City.Will Adele Pen a Broadway Musical?Did we mention how much we love The Late Late Show host James Corden? The Tony winner recently filmed Carpool Karaoke with Adele and brought up the possibility of the songstress achieving the EGOT. “The Tony’s pretty unlikely…I ain’t got time for that,” she remarked. Corden, however, was convinced that one day she should be “writing a huge musical,” to which Adele replied: “What if no one cares then?” Trust us, Adele, whether its next year or decades from now WE WILL CARE. Check out the video below!last_img read more

$800,000 In State Grants Available For Planning Projects

first_img$800,000 In State Grants Available For Planning ProjectsMunicipal Grants Program Now Administered Entirely OnlineMONTPELIER, Vt. – The state is making more than $800,000 in grants available to communities across the state for municipal planning and other special projects.Officials at the Vermont Department of Housing and Community Affairs (DHCA) announced the Municipal Planning Grants of up to $15,000, which can be used for a variety of planning projects.”These grants help Vermont’s cities and towns craft plans that promote economic and housing development in our downtowns and village centers, while protecting Vermont’s working landscape from sprawl,” said Kevin Dorn, Secretary of Commerce and Community Development, whose agency includes DHCA.Through a competitive process, towns can be awarded grants for such traditional planning activities as updating town plans, maps and zoning bylaws.As part of Governor Jim Douglas’ E-State Initiative, these grants will now be applied for, approved, and administered completely on-line.”This is an excellent example of how we can use technology to be more efficient in state government,” Douglas said. “By eliminating the paper involved in applying for and administering grants, we make the process faster, less costly, and less time-consuming.”The Municipal and Regional Planning Fund was first established in 1988 and funds technical assistance for town planning, zoning bylaws, implementation of town plans, encouragement of citizen participation and education, and innovative demonstration planning projects.Municipalities may apply for any amount up to $15,000 or $25,000 for multi-town “consortia” projects. Funds for the municipal planning grants are allocated by the Vermont Legislature from revenue generated by the property transfer tax.With no local matching funds required, this is one of the few state grant programs accessible to even the smallest of Vermont municipalities. Communities have 18 months to complete their planning projects.The application deadline for this program is October 31, 2008. The Municipal Planning Grant site went live on September 2nd, and can be accessed at: www.dhca.state.vt.us/Planning/MPG.htm(link is external)last_img read more

VEDA announces April 15 for federal stimulus bond applications

first_imgThe Vermont Economic Development Authority (VEDA) is inviting eligible and qualified borrowers to apply for an allocation of Vermont s $135 million in Recovery Zone Facility Bond (RZFB) tax-exempt bond issuance capacity.  The next round of applications is due at VEDA s offices on April 15, 2010. This special tax-exempt bond financing is only available through the end of 2010, said VEDA Chief Executive Officer Jo Bradley.  Financing a project with tax-exempt bonds enables borrowers to make needed investments at the lowest possible cost, and so the Authority is eager to commit all of the funding Vermont has been allocated.   Thus far, VEDA has committed approximately $30 million of Vermont s special tax-exempt bonding capacity.The RZFB Program was created by the American Recovery and Reinvestment Act (a.k.a. the Stimulus Act), enacted by Congress in 2009.  All of Vermont has been designated a Recovery Zone by Governor James Douglas, so eligible and qualified projects may be located anywhere in the state.  A qualified business is any trade or business (including some non-profits), except those engaged in the rental of residential property and certain other prohibited facilities such as golf courses, country clubs, gambling facilities and liquor stores.The RZFB Program allows borrowers the opportunity to avail themselves of tax-exempt, and consequently lower cost, financing for many types of assets.  Project funds may be used for the acquisition of machinery and equipment, the construction of new facilities, and in some cases, the purchase and renovation of existing real estate. Projects should total at least $2 million to make this type of financing cost effective for borrowers. Refinancing and working capital are not eligible uses.All applications for RZFB financing must be reviewed and approved by the VEDA Board.  This review is a two step process.  First, preliminary approval (Inducement) must be granted before any significant project expenditures are incurred.  VEDA Staff will review all applications received by April 15th, and the most qualified applicants will have their proposals presented to the VEDA Board for Inducement approval at the May Board Meeting. VEDA acts as a conduit issuer for RZFBs, and neither VEDA nor the State of Vermont guarantees payment of the RZFBs.  The ability to sell these bonds is based solely on the creditworthiness of the borrower.  Borrowing terms such as interest rate, amortization, collateral and required equity contribution are negotiated on a case-by-case basis between the borrower and the bond purchaser.  Successful applicants who receive RZFB Inducements in response to VEDA s solicitation for applications will have their bond issuance allocation reserved through August 15, 2010.  Project financings that have not received Final Approval and been closed by then will have to apply to VEDA for an extension, which, at VEDA s discretion, may or may not be granted.Recovery Zone Facility Bond inducement applications may be downloaded from the VEDA website (www.veda.org/RZFB(link is external) ), or obtained from VEDA s office by calling (802) 828-5627.  For more information about the program, businesses may contact any of VEDA s Commercial Loan Officers at (802) 828-5627.VEDA s mission is to promote economic prosperity in Vermont by providing financial assistance to eligible businesses, including manufacturing, agricultural, and travel and tourism enterprises.  Since its inception in 1974, VEDA has made financing commitments totaling over $1.5 billion. Source: VEDA 3.11.2010last_img read more

Columbia County lawyers raise funds for reading project

first_img Columbia County lawyers raise funds for reading project “Thank you, attorneys and judges of Columbia County for $20,000 donation,” proclaimed the sign in front of the school board building on Main Street in Lake City.The story behind the sign is a remarkable 100-percent participation of every lawyer and judge who practices in Columbia County to give money to the local public school system to buy books for its “Accelerated Reading Program.”It was Jacksonville attorney Quinton Rumph, a native of Columbia County, who sparked the fund-raising blitz by giving the first $10,000 contribution.That challenged the legal community to raise $10,000, and when matched by state funds, that meant a total of $40,000 for much-needed books for the rural community’s resource-strapped schools that were facing a $1.1-million state budget cut.Third Judicial Circuit Public Defender C. Dennis Roberts served as fund-raising chair and said the project “ties in well with President-elect Tod Aronovitz and his new ‘Dignity in Law’ campaign. . . . “There were 80 attorneys and judges who worked on this effort. No one, repeat no one, did not assist in some manner,” Roberts said, adding that the average donation was $125 per attorney and judge.“While our legal community takes great pride in its effort, we are not immune to the overall perception problem that unjustly plagues our legal community throughout the state. We felt this would be a prime example of what our profession could do when we put our minds to it and worked diligently. Hopefully, this will serve as an inspiration for the other legal communities to pull together to assist their local schools — or other worthwhile endeavors — with a similar effort.”Morris Williams, executive director of the Columbia County Public School Foundation, enlisted Roberts as fund-raising chair, and ensured that every penny raised would be used for the reading program — with no administrative funds attached.“I don’t know of any time when one profession has boldly stepped forward and organized itself and pulled something like this off,” Williams said, adding that as a direct result of the money raised by the legal community, reading skills of the county’s children have improved. “And it was attorneys and judges that did it.”Students were so excited to read the new books that they couldn’t even wait for them to hit the library shelves, grabbing them off the book cart. Students earn points as they reach certain levels in reading abilities, reading books, and taking quizzes.“I’ve been able to buy a lot of new books and new tests,” Lake City Middle School media specialist Joyce Ogden told the Lake City Reporter.“Students have really become excited about reading and have gone from hating to do a book report to being excited about their favorite authors.”Columbia High School Media Specialist Sally Moses wrote Roberts a glowing appreciation letter: “Thank you for your support and meeting the challenge of Mr. Rumph!”She said there’s been a marked increase in reading for pleasure at the high school, noting the increase in circulation of fiction books from 29 percent of circulation last year to nearly half of all books checked out this year.As Roberts said: “Of course, just as in the legal profession, reading is at the heart and soul of everything that is done in the school system.”On May 14, a ceremony honored the area attorneys and judges, along with the reading of this resolution: “It is exemplary that one profession in our community would boldly step forward to help our schools in their time of need. The Columbia County School Board hereby thanks and praises, individually and collectively, the members of the local legal community for so generously helping our school district in a time of economic need.” Columbia County lawyers raise funds for reading projectcenter_img June 15, 2002 Regular Newslast_img read more

Fire Suspends Service on Long Beach Branch

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York A fire in Island Park has caused the Long Island Rail Road to suspend train service between Valley Stream and Long Beach, the railroad said.The fire occurred at an electrical substation in Island Park, said LIRR spokesman Sal Arena. Service between Long Beach and Valley Stream was suspended around 12:30 p.m.The Island Park Fire Department responded to the fire and the situation is still ongoing, Arena said.Buses were expected to arrive in Long Beach around 2 p.m. for customers affected by the suspension. Also, all Babylon branch westbound trains will stop at Lynbrook to accommodate Long Beach customers, the railroad said.The cause of the fire is not yet known, Arena said. It’s also unclear when service will be restored.last_img read more

New podcasts, credit unions, and lost shoes with TODAY Show’s Jean Chatzky

first_img 2SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr It’s that time of the year again as we have our annual visit with NBC’s TODAY Show Financial Editor Jean Chatzky on the show to share some of her financial tips, thoughts on credit unions, and more. In this episode, Jean joins us to discuss her new podcast called: HERMONEY — which is geared toward women and finance.Jean shared that there just wasn’t a whole lot on the web that dealt with this topic in-depth, so she launched HERMONEY to fill the bill. And it’s already off to a smashing start with big name guests, helpful money tips, and a ton more. Jean also mentioned that her podcast would be good to play in a credit union lobby for members to listen to as they waited in line.We also touched on how credit unions, even though they have experienced a surge in popularity lately, can deliver their message more succinctly and clearly to the average consumer. Jean has some insightful advice for CU’s from the consumer perspective. By the way, Jean is a huge credit union advocate.Enjoy this candid conversation with Jean — and hang out until the end as tells the story of how she lost her shoe last week during one of her reports on the TODAY Show with Savannah Guthrie. continue reading »last_img read more

Human H5N1 cases in Azerbaijan called likely

first_imgMar 14, 2006 (CIDRAP News) – Authorities in Azerbaijan have reported that three people who died of suspected avian influenza were infected with an H5 virus, and further tests very likely will confirm it to be H5N1, the World Health Organization (WHO) said today.”H5N1 is the only strain within the H5 subtype known to cause human infections,” the WHO said. “It is highly likely that the H5N1 strain will be detected in further tests.” Those tests will be conducted at a WHO reference laboratory in Britain.If confirmed as H5N1, the three cases will be the first ones in Azerbaijan, a former Soviet republic in the Caucasus region on the west side of the Caspian Sea. The country would be the eighth nation to face human cases of H5N1, following Vietnam, Thailand, Cambodia, Indonesia, China, Turkey, and Iraq.Yesterday the WHO recognized the avian flu in a 12-year-old Indonesian girl who died Mar 1, apparently the same girl whose case was announced by Indonesian authorities Mar 10. Her case increased the WHO’s reckoning of the global toll to 177 cases with 98 deaths. Confirmation of the Azerbaijani cases would boost the death toll to 101.The WHO announced Mar 10 that Azerbaijani authorities were investigating 10 suspected human cases of H5N1.The victims who tested positive for an H5 virus included a 17-year-old girl from Sarvan settlement who died Feb 23 and a 20-year-old woman from Daikyand settlement who died Mar 3, the agency said. Both villages are in the southeastern area of Salyan.The other patient was a 21-year-old woman from the central-western province of Tarter, who died Mar 9, the WHO said.In its Mar 10 statement, the WHO mentioned a 17-year-old girl who died Feb 23 but said she was thought to have died of a respiratory illness that had afflicted her for more than a year. That report also had said all 10 patients were from the same town (Daikyand).A portable field laboratory provided by US Naval Medical Research Unit 3, based in Cairo, Egypt, tested samples from the three patients, the WHO said. The lab, which arrived in the country yesterday, provides reliable results, the agency said.A Reuters report today said the three patients became ill after contact with sick birds and were not thought to have infected one another. “I do not believe the virus passed from human to human,” said Shyakar Babayeva, head nurse at the institute in Baku, the capital, where the patients were treated.WHO spokesman Dick Thompson said test results were still pending on two other Azerbaijanis who died of suspected avian flu, according to a Canadian Press report published today.Thompson also said several other possible cases are being investigated, including some clustered in families, according to the report.In confirming the case in the Indonesian girl, the WHO said she lived in Boyolali in central Java. She fell ill Feb 19, was hospitalized Feb 23, and died Mar 1. Chickens in her household had died in the days just before she got sick, the agency said.The girl had a 10-year-old brother who became ill on Feb 19 and died Feb 28, the WHO said. But because his symptoms looked like dengue hemorrhagic fever, he was not tested for avian flu. “It will therefore never be known whether he may have died following co-infection with dengue and H5N1 avian influenza,” the WHO said.In other developments:A Hungarian H5N1 vaccine for humans has been approved by Hungary’s pharmaceutical authorities, according to an Agence France-Presse (AFP) report today. Announcing the approval, Prime Minister Ferenc Gyurcsany said the vaccine is intended for people working with diseased birds.India reported new outbreaks of H5N1 in poultry in Maharashtra state, about 85 miles from India’s first outbreak, discovered last month, according to AFP. An agriculture ministry official said four samples from four different villages in the Jalgaon district tested positive. Officials said 75,000 birds in the area would be killed to contain the outbreak.Several seagulls from southern Croatia tested positive for the virus, according to another AFP report. The seagulls came from the town of Pantana, near Split on the southern coast, officials said. About 1,200 birds from the area have been tested since two swans there were found infected with the virus in mid-February, AFP reported.See also:Mar 14 WHO statement on situation in Azerbaijanhttp://www.who.int/csr/don/2006_03_14/en/index.htmlMar 13 WHO statement on case in Indonesiahttp://www.who.int/csr/don/2006_03_13/en/index.htmllast_img read more

Manure implicated in E coli outbreak

first_img The positive finding is significant but is just one aspect of the investigation, the FDA said. Testing of other environmental samples from all four ranches is ongoing. Oct 13, 2006 (CIDRAP News) – Investigators seeking the contamination source in a nationwide Escherichia coli O157:H7 outbreak have genetically matched an E coli strain found in manure from a California cattle ranch near spinach fields with the strain isolated from sick patients and their leftover spinach. Foodborne disease expert Craig Hedberg, PhD, told CIDRAP News that the spinach outbreak highlights a lack of attention to sanitation on farms and how that translates into disease risk. “This is going to make it impossible for the industry not to deal with these issues in the future,” said Hedberg, an associate professor of environmental and occupational health at the University of Minnesota in Minneapolis, In a statement yesterday, the US Food and Drug Administration (FDA) said the investigation points to one infected lot of contaminated spinach that contained spinach from fields on four different farms. Thus, the FDA has narrowed its investigation from nine farms to four, which are located in Monterey and San Benito counties. See also: However, federal and state investigators still don’t know how the feces contaminated the spinach. Suspected transport mechanisms include agricultural runoff, irrigation water, and farm-worker hygiene. Media reports say three manure samples tested positive for the outbreak strain and that investigators have so far taken 650 samples from soil, water, and manure on the farms. “While the focus of this outbreak has narrowed to these four fields, the history of E coli O157:H7 outbreaks linked to leafy greens indicates an ongoing problem,” the FDA said. The outbreak has sickened 199 people and killed 3, and has spanned 26 states and one Canadian province. Since 1995, 20 E coli outbreaks have been traced to leafy greens. Just last week, Nunes Company, Inc., a Salinas, Calif. produce marketer, recalled its green leaf lettuce because of possible E coli contamination from a secondary irrigation water source. In an Oct 10 press release the company said its follow-up tests on the recalled lettuce and irrigation water were negative for E coli O157:H7. Media reports said this is the first time investigators have been able to link an outbreak strain of E coli to a farm where contaminated spinach or lettuce was grown. The Times reported that the cattle ranch and nearby spinach operations are separated by a paved road and fences. The ranch has not been identified. Reilly told the Chronicle the farm where matching manure was found did not fully follow voluntary guidelines that growers use to prevent contamination of leafy greens. He said concerns include the proximity of the cattle to spinach fields and the failure of fences to keep wildlife out of the growing fields. Hedberg said he’s not surprised that the investigators were able to locate a possible source. “With the scope of the outbreak and the attention it got, much more effort was put into the investigation,” he said, noting that federal and state authorities had a lot of data to work with, such as product case numbers and spinach samples. Findings raise more questionsKevin Reilly, deputy director of prevention services for the California Department of Health Services, told reporters at a press conference yesterday that the results don’t prove that the manure was responsible for the outbreak. Risky farming practices?The pasture where the contaminated cattle manure was found is part of a ranch that leases fields to spinach growers, according to an article today in the San Francisco Chronicle. Fences on the property had been penetrated by wild pigs, and investigators are assessing whether the pigs might have spread the bacteria from the cattle pasture to the spinach field, the Chronicle said. The spinach outbreak is the produce industry’s “Jack in the Box” moment, Hedberg said, referring to a nationwide, hamburger-linked E coli O157:H7 outbreak that killed four and sickened hundreds in 1993. “The Jack in the Box episode changed perceptions of eating hamburger and led to changes in how we slaughter cattle and prepare meat,” he said. “The spinach outbreak will usher in a series of changes in how we manage farms and the environment and handle fresh produce.” “The fields are surrounded, frankly, by pastures where livestock are kept,” Reilly told reporters. Reilly was quoted by the Times as saying the closeness of cattle to leafy greens farms is not uncommon in the Salinas Valley area, but that not all four of the suspected farms have both livestock and produce operations. The manure samples that tested positive for the outbreak strain were located between a half mile and a mile from a spinach field, the Los Angeles Times reported. Oct 12 FDA statementhttp://www.fda.gov/bbs/topics/NEWS/2006/NEW01489.htmllast_img read more

Rupiah inches closer to Rp 17,000 per US dollar as COVID-19 fears grow

first_imgTopics : Futures firm RFX Garuda Berjangka director Ibrahim said COVID-19 had crippled the global economy, which prompted investors to dump emerging market currencies, adding that the only solution would be the discovery of a vaccine.  “Investors consider the coronavirus to be the third world war, which could cause the rupiah to surpass 17,000 per dollar,” Ibrahim told reporters. “They are panicked as governments implement stricter measures, which have disrupted businesses and pushed consumers to stay home.”The rupiah tumbled 3.85 percent against the dollar to trade at 16,575 at Monday’s close. It reached Rp 16,625 during the day, the lowest level since the 1998 crisis, as the currency weakened almost 20 percent against the greenback this year.Meanwhile, the benchmark stock index, the Jakarta Composite Index (JCI), has lost a third of its value this year. The rupiah fluctuated at around 16,500 per US dollar on Tuesday despite a slight gain after falling sharply to near the 17,000-mark the previous day.The rupiah inched closer to Rp 17,000 against the dollar on Monday, the weakest since the 1998 crisis, as analysts believe it will further weaken amid the COVID-19 pandemic, despite strong economic fundamentals.According to Bloomberg’s latest currency data, the rupiah gained slightly to 16,495 per dollar on the spot market on Tuesday but analysts believe it will take time for the currency to return to the level of between 13,800 and 14,000 per dollar recorded in February.center_img The benchmark JCI, the main gauge at the Indonesia Stock Exchange (IDX), fell another 1 percent on Tuesday to 3,951 after losing 5 percent on Monday, the lowest level since June 2012. The benchmark index has lost 36 percent of its value since the beginning of the year.Ibrahim said the flagging rupiah was caused by the late response of the government in handling the outbreak, urging central government and regional administrations to work together to contain the outbreak and roll out further stimulus for the healthcare sector.Separately, Bank Permata chief economist Josua Pardede said that while currencies in emerging markets, including the rupiah, had weakened against the dollar, economic fundamentals were much better compared to the 1998 crisis.“Even though the rupiah almost reached the 1998 crisis level, the current depreciation rate of 19 percent year-to-date is much lower compared to the depreciation rate of 600 percent during the 1998 the crisis,” Josua told The Jakarta Post. “This means that Indonesia’s economic fundamentals are much stronger compared to the situation in 1998.”There were several reasons why economic fundamentals remained strong, Josua went on to say, including better management of corporate debts and better credit ratings compared to 1998.“The central bank’s decision to oblige companies to transact in safe-haven assets in mitigating risks from foreign exchange has resulted in better management of external corporate debts, as shown in lower growth of short-term debt,” Josua said.From the credit rating perspective, meanwhile, Indonesia had junk bond status in 1998, as the government borrowed money with high premiums, Josua said.“Indonesia’s credit rating is considered worth to invest in by all credit rating agencies worldwide right now. This further shows that they have confidence in Indonesia’s economic performance.”With the rupiah sliding over the last few weeks, Bank Indonesia (BI) has injected Rp 300 trillion (US$18 billion) into the market through the purchase of sovereign bonds, supply of dollars in the spot market and intervention in domestic non-deliverables forward.“The country’s foreign exchange reserves are adequate to meet dollar liquidity,” said BI Governor Perry Warjiyo on Friday. Indonesia’s central bank has begun holding daily repurchase and foreign exchange swap auctions to bolster liquidity.It also cut the benchmark interest rate to 4.5 percent on Thursday following the central bank’s board of governors meeting.last_img read more