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.
Lloyds Bank Resurrects 0%-Down Adjustable-Rate Mortgages for First-Time Buyers to Prop Up UK’s Housing Market by Don Quijones • Jan 30, 2019 • 31 Comments Desperate measures for desperate times?
Low-Cost Airlines Are Crashing into Bankruptcy One After the Other as Financial Conditions Tighten in Europe by MC01 • Jan 26, 2019 • 43 Comments But traffic is up, and these are still the good times.
“Worst December in 10 Years”: Brick-and-Mortar Retail in the UK Faces Overindebted Consumers by Don Quijones • Jan 26, 2019 • 54 Comments But online sales are hot, now at 20% of total retail.
Big Exporters are Losing It: US Manufacturing Gains. Germany, Japan, China not so Lucky by Wolf Richter • Jan 24, 2019 • 66 Comments Central-Bank Stimulus Fail: The longer it drags on, the worse it gets?
Uber, Cabify “Evicted” from Barcelona as Turf War with Taxi Drivers Gets Ugly by Don Quijones • Jan 24, 2019 • 27 Comments Will Madrid be next?
What an Investment Fund, Forced to Take a Big Loss, Said about the Housing Bust in Prime Central London by Wolf Richter • Jan 23, 2019 • 46 Comments “Probably now enduring its most protracted period of price suppression since records began.”
Brexit’s Ironic Twists Hit Spain’s Biggest Industry by Don Quijones • Jan 20, 2019 • 60 Comments “Peak Tourism” has already set in. Brits account for 22% of tourists in Spain. Now add Brexit.
4 Months of Carmageddon in the EU Wipe Out Gains for 2018 by Wolf Richter • Jan 16, 2019 • 19 Comments Ford is big loser, Hyundai-Kia big winner, and Opel is someone else’s problem.
Automakers Prepare for “No-Deal” Brexit by Don Quijones • Jan 12, 2019 • 57 Comments They’re already under pressure from the deteriorating market.
