VOI - Voice of Indonesia | RRI - Radio Republik Indonesia

More than 500,000 Somali children under five are expected to suffer severe acute malnutrition and risk death from famine this year, a number unseen in any country this century, the U.N. children's agency said on Tuesday.

"We've got more than half a million children facing preventable death. It's a pending nightmare," James Elder, spokesperson for the U.N. children's agency UNICEF said at a Geneva news briefing.

The United Nations has warned that parts of Somalia will be hit by famine in coming months as the Horn of Africa region faces a fifth consecutive failed rainy season. The projection is more severe than in 2011, when famine killed more than a quarter of a million Somalis, around half of whom were children.

The prediction of 513,000 children likely to suffer from severe malnutrition was an increase of 30 percent from an estimate in June.

Elder said nutrition centres across Somalia were already at maximum capacity and infants were receiving treatment on the floor.

"You've got critically ill children who, without treatment, may die in a matter of hours," he said.

UNICEF said last week that over 700 children had died in nutrition centres across the country.

The president of the International Committee of the Red Cross (ICRC) said that too many people will have already died in Somalia by the time a hunger emergency is declared.

"The alarm bells are ringing loudly," Peter Maurer said at a separate briefing, calling for faster action by the international community. (Reuters)

 Germany said on Tuesday it would step up lending to energy firms at risk of being crushed by soaring gas prices, as the European Union readied proposals to help households and industry cope with an energy crisis sparked by Russia's invasion of Ukraine.

The European Commission is due to announce on Wednesday proposals including targets to cut electricity consumption and a revenue cap for non-gas fuelled plants. EU energy ministers will hold an emergency meeting on Sept. 30 to try and agree on them. 

Separately, the EU's securities watchdog is also considering measures to help energy firms struggling to meet rocketing collateral demands after they were caught out by the surging prices as Russia cut gas supplies to Europe.

The crisis is already weighing heavily on Europe's economy, even before the onset of winter when industrial users could face rationing if gas reserves prove inadequate. Industry sentiment in the bloc's economic powerhouse, Germany, has tumbled.

"Of course we knew, and we know, that our solidarity with Ukraine will have consequences," German Chancellor Olaf Scholz said on Tuesday, urging Germans to brace for a tough winter and rise to the challenge of a shift in energy supply away from Russian gas.

"Let us tackle the task together!" Scholz said.

Germany's finance ministry said it wanted to boost state loans for energy firms by using credit authorisations created to offer relief in the COVID-19 pandemic, with a German newspaper putting the value at 67 billion euros ($68 billion).

Last week, VNG (VNG.UL), one of Germany's biggest importers of Russian natural gas, became the latest energy firm to ask the government for aid to stay afloat.

The German cabinet is expected to approve draft legislation for the boosted credit funds on Wednesday.

RAFT OF EU PROPOSALS

At the EU level, a spokesperson for the European Securities and Markets Authority (ESMA) said on Monday the regulator was "actively considering" whether any regulatory measures were necessary to help support energy firms.

ESMA directly regulates clearing houses in the EU, which in turn set mandatory levels of margin based on potential risks from markets and counterparties. Public intervention in this area is rare, especially after the global financial crisis over a decade ago led to tougher margin requirements.

A draft of the European Commission's proposals, seen by Reuters, would cap at 180 euros per megawatt hour the price at which wind, solar and nuclear plants could sell their power in the 27-nation bloc. It would also force fossil fuel firms to share excess profits.

Governments would be required to use the cash to help consumers and companies facing sky-high energy bills.

EU officials said, however, that plans for emergency liquidity support for power firms facing soaring collateral needs were still being drafted, and would likely be published later than Wednesday.

NO GAS PRICE CAP

Diplomats say there is broad support for a revenue cap for non-gas generators, as well as plans to impose electricity demand cuts. But countries are split over other ideas - including a gas price cap, which was not included in the draft Commission proposals.

The EU has also backed away from an earlier plan to impose a price cap on Russian gas. Countries including Hungary and Austria had opposed that idea in case Moscow retaliated by cutting off the dwindling supplies it still sends to the EU.

Meanwhile, investor sentiment in Germany fell further than expected in September as concerns over the country's energy supply increasingly weigh on the outlook for Europe's largest economy. 

"The prospect of energy shortages in winter has made expectations even more negative for large parts of the German industry," said Achim Wambach, president of the ZEW economic research institute.

Separately, Swedish utility Vattenfall said it had delayed the restart of the Ringhals 4 nuclear reactor by two months to Jan. 31, in a further setback to power supply in the Nordic and Baltic region.

"This worsens an already difficult power situation in southern Sweden," power market analyst Tor Reier Lilleholt at Norway's Volue said.

Meanwhile, the CEO of Ukrainian state energy firm Naftogaz said on Tuesday he hoped to restore production thanks to the recent military successes.

Naftogaz produces the lion's share of Ukraine's gas, with output totalling 13.7 billion cubic meters (bcm) in 2021. (Reuters)

 Russia's Vladimir Putin and China's Xi Jinping will discuss Ukraine and Taiwan at a meeting in Uzbekistan on Thursday which the Kremlin said would hold "special significance" given the geopolitical situation.

Xi will leave China for the first time in more than two years for a trip this week to Central Asia where he will meet Putin, just a month before he is set to cement his place as the most powerful Chinese leader since Mao Zedong. 

"The presidents will discuss both the bilateral agenda and the main regional and international topics," Kremlin aide Yuri Ushakov said at a briefing in Moscow.

"Naturally, they will give a positive assessment of the unprecedentedly high level of trust within the bilateral strategic partnership," he added.

Ushakov said Moscow values China's position towards what he called the "Ukraine crisis", saying Beijing had struck a "balanced approach" towards the conflict.

China "clearly understands the reasons that forced Russia to launch its special military operation. This issue, of course, will be thoroughly discussed during the upcoming meeting," Ushakov said.

The meeting between Xi and Putin in Uzbekistan will take place on the sidelines of the Shanghai Cooperation Organization's summit in the ancient Silk Road city of Samarkand in Uzbekistan.

The deepening "no limits" partnership between the rising superpower of China and the natural resources titan of Russia is a geopolitical development the West is watching with anxiety. (Reuters)

The government continues to monitor preparations for the G20 Summit in Bali, next November. Coordinating Minister for Economic Affairs Airlangga Hartarto said the progress of the G20 preparations was going well.

"Preparation progress is quite good, working groups, engagement groups. We continue to monitor the presence of state leaders, but these two months have been quite good," said Airlangga after meeting the President at the Palace, Tuesday (13/9/2022).

Several heads of state have already declared their presence at the G20. There are still leaders of countries waiting for his presence, such as Russian President Vladimir Putin.

The G20 presidency with Indonesia as the host invited many countries. In addition to big countries, archipelagic countries and small countries were also invited.

President Joko Widodo (Jokowi) officially invited Russian President Vladimir Putin and Ukrainian President Volodymyr Zelensky. The Head of State extended a direct invitation to President Zelensky to participate in the G20 Summit. (RRI)