The Week in Numbers: game over for Microsoft?
STORY: From why it may be game over for Microsoft, to an $80 trillion black hole in currency markets, this is the Week in Numbers. First up…
$69 billion is how much money Microsoft might save, against its will.
Washington this week moved to block its takeover of game-maker Activision Blizzard, valued at that sum.
U.S. trade watchdogs said the deal could harm competition.
About $2.66 billion was the cost to South Korea’s economy after 12 days of a truckers’ strike.
On Friday (December 9) the drivers voted to go back to work though, amid signs that government and business weren’t about to give in.
$80 trillion is the amount of hidden dollar debt that pension funds and the like have lurking in the foreign exchange market.
That’s according to the Bank for International Settlements.
It says the debt concealed in foreign exchange swaps is a “blind spot” that leaves policymakers in a “fog”.
Almost $4.3 billion is how much new capital Credit Suisse has raised.
The bank called it a “milestone” in turnaround efforts, after years of scandal and mishaps.
And 3.1% is now the benchmark interest rate in Australia - a 10-year high.
The Reserve Bank’s quarter point hike this week was its eighth in as many months.
And it hinted that more would be needed to keep inflation in check.
