Indonesia: History
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The Dutch colonize present day Indonesia, naming it the Dutch East Indies.
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Japan invades the Dutch East Indies during World War II.
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After four years of guerrilla warfare, the Dutch recognize Indonesian independence.
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West Papua is formally incorporated into Indonesia.
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The Asian economic crisis significantly depreciated the Indonesia's rupiah currency value.
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East Timor gains its independence from Indonesia.
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More than 220 thousands are killed by a tsunami that was triggered by an undersea earthquake off the coast of Sumatra, damaging the fishing and tourism industries significantly.
Sources:
BBC NewsBritannica