Toll-Road Giant Abertis Just Doubled its Debt to €22 Bn to Pay a Special Dividend to the Companies that Acquired it Last Year by Don Quijones • Mar 12, 2019 • 23 Comments The acquisition created world’s biggest toll-road operator. But it was costly.
State of the World’s Biggest Debt Slaves: Americans Wimp Out in 11th Place by Wolf Richter • Mar 9, 2019 • 131 Comments And where do Chinese consumers fit in?
US Dollar Hits 52-Week High in Cleanest-Dirty-Shirt-Syndrome on New ECB Stimulus, as Old ECB Stimulus Fails to Stimulate by Wolf Richter • Mar 7, 2019 • 46 Comments The real worry is the economy in the Eurozone.
US is Cleanest Dirty Shirt Among Manufacturing Giants. China, Japan & Germany Sink by Wolf Richter • Mar 3, 2019 • 56 Comments The four account for 58% of global manufacturing value added. And the big exporters are getting hit.
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.
