Indonesia is Collapsing!!!!

🇮🇩 INDONESIA IN SERIOUS TROUBLE Deadly wildfires, choking haze and a stock market plunge—Indonesia is facing mounting pressure on multiple fronts. Nearly 300 homes have reportedly been destroyed, while four firefighters have lost their lives battling a blaze at Mount Bromo’s national park. Fuelled by El Niño and dry conditions, the fires are devastating communities, with haze spreading to neighbouring Singapore and Malaysia. Meanwhile, Indonesia’s Jakarta Composite Index plunged 11.6%, triggering a trading halt, according to the Financial Times. MSCI is consulting on a proposal to reclassify Indonesia as a standalone market—a move that could exclude it from major indices and potentially trigger billions of dollars in investment outflows. The proposal is not yet a final decision. In this livestream, we discuss why underground peat fires are so difficult to extinguish, what is shaking investor confidence, and what these developments could mean for people and investors across our region. #Indonesia #IndonesiaNews #StockMarketCrash #MSCI #JakartaCompositeIndex #IndonesiaHaze #SingaporeHaze #MalaysiaHaze #Wildfires #ElNino #1M65