Did Moody’s Just Sever Energy Giant’s Last Life Line? by Don Quijones • Aug 25, 2016 • 9 Comments Out-of-money, felled by debt and shady accounting, Abengoa faces reality.
Revealed: ECB Secretly Hands Cash to Select Corporations by Don Quijones • Aug 22, 2016 • 27 Comments Expanding its Program of Financial Darwinism.
The Impossible Italian Job by Don Quijones • Aug 20, 2016 • 31 Comments The Italian Banking Crisis would complete Europe’s “Doom Loop.”
Why China’s Multi-Decade Manufacturing Miracle is Over by Wolf Richter • Aug 17, 2016 • 60 Comments The Great Equalizer has arrived.
UK’s Nuclear Future Threatened by Chinese Espionage, Brexit by Gregory Brew • Aug 15, 2016 • 11 Comments The drama of the stalled nuclear facility grew more Shakesperean, with the Chinese partner now under investigation in the US for espionage.
China Furious, French Energy Giant Desperate, as UK Stalls $24bn Nuclear Deal by Don Quijones • Aug 9, 2016 • 42 Comments It could crush EDF and the French nuclear industry. Or is it a Brexit negotiating ploy?
It’s Getting Uglier in Spain by Don Quijones • Aug 8, 2016 • 36 Comments With attention riveted on the disintegration and “rescue” of Italy’s banks, other crises go unnoticed, including the gathering problems in government-less Spain.
City of London Office Values Plunge 6% in One Month by Wolf Richter • Aug 8, 2016 • 8 Comments “Global Economic Uncertainty,” Brexit meet UK Commercial Property Bubble.
LEAKED: Who Profits the Most from Italy’s Banking Crisis? by Wolf Richter • Aug 7, 2016 • 35 Comments JP Morgan’s deal “would be great for Italy”: CEO Jamie Dimon.
Big European Banks Try to Block Contagion from Italian Banking Crisis (Before it Sinks them) by Don Quijones • Aug 5, 2016 • 20 Comments These big banks have every reason to try keeping Italian banks afloat.