The Lira plunges, stocks plunge, yields jump. Capital controls expected.
It remains in a state of suspended animation.
A massive murky mess of supply-chain finance, amid criminal allegations against the management of its German bank subsidiary, with wide repercussions.
The hard Brexit has compounded pressures on many UK industries, but some key positives have started to emerge.
Biggest beneficiaries of the now scuttled rescue plan would have been private equity firm KKR and Banco Santander.
The crucial services exports, manufacturing exports and imports, the arts & entertainment industry, fishing industry… it’s a mess.
“A management team that remains prisoner of its failed strategy that started with the acquisition of Westfield.”
Against expectations, the feared plunge in remittances, as during the US Housing Bust, did not occur. For interesting reasons. Weirdest Economy Ever.
Several unique factors, topped off by the enduring trend to working from home and an exodus of companies.
Traffic down 95%. To run out of money by April.