Automakers in the UK Are Not Amused by Don Quijones • Mar 2, 2019 • 55 Comments Laying off workers and closing plants as exports and production plunge — Jaguar Land Rover is the biggie.
Balance Sheet “Error” Wreaks Havoc on UK’s Fastest Growing, Most Popular Bank by Don Quijones • Mar 1, 2019 • 25 Comments But (well-connected?) investors started smelling a rat 10 months before the first disclosure.
All Heck Breaks Loose After Spanish Banks Block Thousands of Accounts with Chinese Names & Folks Can’t Get to Their Money by Don Quijones • Feb 26, 2019 • 51 Comments The banks claim they’re complying with anti-money laundering regulations.
“New Economic or Financial Crisis” in the Eurozone Could Start in Italy: French Government Frets by Don Quijones • Feb 23, 2019 • 53 Comments French banks are heavily exposed to Italy.
Disorderly Brexit Increasingly Likely, EU Blinks on Derivatives-Clearing in London by Don Quijones • Feb 22, 2019 • 65 Comments No one can afford even the smallest hiccup in derivatives.
London Housing Meltdown Spreads as Pre-Brexit Angst Batters Market Sentiment by Don Quijones • Feb 19, 2019 • 43 Comments “If you are looking to buy a house in Q1 you will have the market to yourself.”
Just How Huge Are Mexico’s Auto Exports to the US? How Fast Have they Grown? by Don Quijones • Feb 15, 2019 • 24 Comments GM’s Mexico vehicles now are 23% of its US sales. And the Japanese have massively discovered Mexico’s cheap labor.
Spanish Grocery Giant Unveils Big Losses, Teeters on Brink of Bankruptcy, after Allegations of Accounting Fraud by Don Quijones • Feb 8, 2019 • 18 Comments What could this mean for one of its big creditors, the ECB?
Mexico’s Cash Cow: Remittances from the US & Other Countries Surge to New Record by Don Quijones • Feb 6, 2019 • 36 Comments These workers are a lifeline for Mexico.
Italy Guns For Glass-Steagall-Type Law to Break Up Banks, Cut Bailout Costs for Taxpayers by Don Quijones • Feb 3, 2019 • 45 Comments The banking lobby and the ECB will have a cow.
