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Q1 2024 Rimini Street Inc Earnings Call
The Indonesian government will permanently relocate almost 10,000 residents after a series of explosive eruptions of the Ruang volcano has raised concerns about the dangers of residing on the island in future, a minister said on Friday. About 9,800 people live on Ruang island, in the province of North Sulawesi, but in recent weeks all residents have been forced to evacuate after the mountain has continued to spew incandescent lava and columns of ash kilometres into the sky. Authorities this week raised the alert status of the volcano to the highest level, closed the provincial airport in Manado, and also warned of the a possible tsunami if parts of the mountain collapse into the surrounding waters.