Market Review and Trends
Top News this Week (9 June)
By Financial Horse  •  June 9, 2024
Rounding up top investing articles from around the web, including articles shared on Twitter. Jokowi says Indonesia’s new capital city is on track despite project leadership resignations (Straits Times) President Joko Widodo has travelled to East Kalimantan and reassured the public that Indonesia’s planned new capital there is on track. This comes just a day after the bombshell announcement that the leaders of the body overseeing the project had resigned. On June 4, speaking at an event in the city of Balikpapan, the closest port of call to upcoming capital Nusantara, Mr Widodo stressed how the new city is still “in the development process” and that it would be the “greenest capital in the world”. He noted that as much as Nusantara will be filled with buildings, it will also be filled with green spaces, and that the city will be designed to include city parks as well....
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By Financial Horse
Financial Horse was founded with a simple goal – To provide high quality financial commentary, in plain English. He is a firm believer in Einstein’s quote that “If you can’t explain it to six-year-old, you don’t understand it yourself.” Too much of finance is shrouded in complex jargon, and Financial Horse aims to demystify financial investments.
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