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Prabowo Accuses MSCI of Intimidating Indonesia

Indonesian President Prabowo Subianto criticized MSCI after a downgrade warning triggered a stock market rout. He stated the nation refuses to be cowed by foreign pressure while MSCI defended its transparent methodologies.

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Indonesian President Prabowo Subianto delivers his speech in front of stacks of banknotes representing fines paid by companies found to have operated illegally in forest areas, during a ceremony marking the work of his forestry task force that has led to a crackdown on illegal plantations and mines, at the Indonesian Attorney General's Office in Jakarta, Indonesia, October 6, 2026. REUTERS/Ajeng

Indonesia President Prabowo Subianto accused MSCI INC of intimidation after index provider warnings triggered a record two-day stock rout. The conflict threatens capital flows for the $1.5 trillion G20 economy. Investors face potential market demotion if coordinated trading practices persist.
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