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Friday, October 23, 2026Updated 07:24 UTC

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‘They are trying to intimidate us’: Indonesia’s Prabowo remains defiant in the face of an MSCI double downgrade

Source: Fortune · Oct 23, 2026 03:45 UTC

Trading floor of the New York Stock Exchange with banks of monitors — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

MSCI's proposal to reclassify Indonesia as a "standalone" market triggered a stock rout and a presidential outburst.

Read the full story at Fortune

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