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Indonesia central bank says monetary policy to remain pro-stability

Indonesia central bank says monetary policy to remain pro-stability

4/4 © Reuters. Governor of Bank Indonesia Perry Warjiyo speaks during the annual meeting of Indonesia’s central bank with its financial stakeholders in Jakarta, Indonesia, November 30, 2022. REUTERS/Willy Kurniawan 2/4 JAKARTA (Reuters) – Indonesia’s central bank governor Perry Warjiyo said on Wednesday that monetary policy will remain pro-stability and that energy subsidies next year…

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Credit Suisse Keeps Sinking

The end of 2022 could be a nightmare for Credit Suisse.  The second largest Swiss bank is once again in the line of fire, with the resurgence of fears and questions about its solvency.  The bank’s shares fell on November 29 to a new life-to-date low below 3 Swiss francs, to 2.9080 Swiss francs. Since…

Cuba wins China debt relief, new funds

Cuba wins China debt relief, new funds

© Reuters. Cuba’s President Miguel Diaz-Canel attends a wreath-laying ceremony at the Monument to the People’s Heroes at Tiananmen Square in Beijing, China, November 25, 2022. Alejandro Azcuy/Courtesy of Cuban Presidency/Handout via Reuters By Marc Frank HAVANA (Reuters) – China has agreed to restructure Cuban debt and provide new trade and investment credits to the…

France’s Le Maire: Europe must defend its economic interests against U.S. subsidy package

France’s Le Maire: Europe must defend its economic interests against U.S. subsidy package

© Reuters. FILE PHOTO: French Minister for Economy, Finance, Industry and Digital Security Bruno Le Maire arrives for a meeting at the Elysee Palace in Paris, France, Nov. 8, 2022. REUTERS/Benoit Tessier/File Photo PARIS (Reuters) – France may try to negotiate some exemptions from the duties and limits imposed by the U.S. anti-inflation act but…

Sri Lankan central bank threatens administrative measures to bring down market rates

Sri Lankan central bank threatens administrative measures to bring down market rates

© Reuters. FILE PHOTO: People walk past the main entrance of the Sri Lanka’s Central Bank in Colombo, Sri Lanka March 24, 2017. REUTERS/Dinuka Liyanawatte By Uditha Jayasinghe and Swati Bhat COLOMBO (Reuters) – Sri Lanka’s central bank on Thursday threatened administrative intervention to control high market interest rates that it regarded as out of…

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What Is Opportunity Cost in Finance? Definition, Formula & Importance

In a financial sense, the opportunity cost of one decision is the financial return of its best alternative.  Piret Ilver via Unsplash; Canva ContentsWhat Is Opportunity Cost? What Does Opportunity Cost Mean in Finance? How Is Opportunity Cost Calculated? Examples of Opportunity Cost in FinanceOpportunity Cost vs. Sunk Cost: What’s the Difference? Can Opportunity Cost…