An estimated 66 million to 84 million birds are in captivity on java, and a significant portion of them have been whisked from the forests of indanesia. So many birds have been taken from the wild that more than a dozen species are in danger of going extinct. Traders exploit those loopholes, and they exploit the fact that many of these laws are pacally enforced. This is the tragedy of thi sport, and danisa's love of bird song frettens the song birds themselves.
Stablecoins are essential to the financial plumbing of the cryptocurrency world. They’re pegged to a real-world asset, usually the dollar. But when that peg breaks, things can turn ugly in a hurry. Much of India is suffering through a particularly blistering and costly
heatwave. And Indonesians’ love of songbirds is threatening wild bird populations within and beyond Indonesia itself. For full access to print, digital and audio editions of
The Economist, subscribe here
www.economist.com/intelligenceoffer