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.
Carmageddon for Ford in the US, China, and Europe by Wolf Richter • Feb 22, 2019 • 102 Comments The New Emissions & Fuel-Economy Cheating Scandal is just a Dimple.
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.”
Next in the Bankruptcy & Restructuring Saga of European and Asian Airlines by MC01 • Feb 17, 2019 • 72 Comments The fate of the A380 is sealed.
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?
German Industrial Production Falls the Most Since 2009. New Orders Plummet by Wolf Richter • Feb 7, 2019 • 45 Comments Q4 is falling apart before everyone’s astonished eyes, and a “technical recession” beckons.