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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…