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Indonesia Announces Capital May Relocate From Jakarta as City Sinks
At a Glance As Jakarta sinks, Indonesia officials are looking at options for relocating the capital.About half of Jakarta's metropolis lies beneath sea level. If the move is realized, it could take up to 10 years and cost upwards of $33 billion. Other incentives for the relocation include overpopulation and the world's worst traffic congestion. Jakarta, widely seen as the world's fastest sinking city, may soon no longer be Indonesia's capital, the country's planning minister announced this week. Indonesia's Minister...