Backlash Against “War on Cash” Reaches Washington & China by Don Quijones • Jul 21, 2018 • 92 Comments The electronic-payments industry, which gets a cut from every electronic transaction, wants to kill cash. But wait…
Under Fire, Biggest Brick & Mortar Retailers in Europe Seek Refuge in Cartel Economics by Don Quijones • Jul 18, 2018 • 23 Comments It’s a brutal environment.
Multiyear, Job-Creating, Mass-Tourist Boom in Spain Runs Out of Steam by Don Quijones • Jul 17, 2018 • 26 Comments Tourism accounted for a quarter of the jobs created since 2013 — but mass-tourism of this type brings its own problems.
“Big Four” Audit Firms Not Amused by Threatened Breakup of their Cozy Oligopoly in the UK by Don Quijones • Jul 14, 2018 • 22 Comments After a series of scandals and sudden corporate collapses.
As Erdogan Cements His Hold Over Turkey’s Economy, Global Investors Begin to Panic by Don Quijones • Jul 11, 2018 • 23 Comments His Toxic Mix: destruction of the lira and a mountain of foreign-currency debt.
What IBM Said about the IT Chaos at UK Bank TSB and Owner Sabadell, Now in its 12th Week by Don Quijones • Jul 10, 2018 • 39 Comments Contracted to fix the fiasco, IBM estimates costs at $1.25 billion: sources. There’s even talk of divorce, after just 3 years of corporate marriage.
Banks Squeal as Spain’s New Government Threatens to Do Unthinkable: Raise Taxes on Their Profits by Don Quijones • Jul 7, 2018 • 15 Comments Payback time for the financial sector that was bailed out by taxpayers, the new government thinks.
Already Troubled Pemex & Mexico’s Oil Industry Wake Up in a New World by Don Quijones • Jul 5, 2018 • 19 Comments Tectonic shifts and clouds of uncertainty after Sunday’s election.
Despite Wave of Cyber Attacks, Banks in Mexico Double Down on Biometric Tracking of Customers by Don Quijones • Jun 30, 2018 • 12 Comments For hackers, biometric data is the Holy Grail. Now banks, including the ones that got hacked, will require it from their customers.
Corporate Brexodus Begins as “No-Deal” Brexit Looms by Don Quijones • Jun 28, 2018 • 31 Comments Potential for ugly consequences, intended or otherwise, is rising.
