Vacation Giant & Airline Thomas Cook Verges on Collapse
Citi Group analysts slashed their price target to zero… Read More Vacation Giant & Airline Thomas Cook Verges on Collapse
Category: Europe
Bayer Ordered To Pay $2 Billion In Roundup Damages; Admits Spying On Influential Europeans
Not a great day for Bayer and its Monsanto unit… Read More Bayer Ordered To Pay $2 Billion In Roundup Damages; Admits Spying On Influential Europeans
The Night the U.S. Bombed a Chinese Embassy
Was it an accident or intentional?… Read More The Night the U.S. Bombed a Chinese Embassy
Brexit: Denial
In no sense do any of the institutions of the Union represent the interests of the peoples whom they supposedly serve… Read More Brexit: Denial
The Government Of Most Cashless Economy Just Told Citizens to Hoard Cash in Case of Cyber Attack
Sweden’s Civil Contingencies Agency says cash is needed in case of emergencies such as technology failures and cyber attacks… Read More The Government Of Most Cashless Economy Just Told Citizens to Hoard Cash in Case of Cyber Attack
Global Foreign Direct Investment Flows Collapse
More and more companies either choose not to invest in other countries or are prevented from doing so… Read More Global Foreign Direct Investment Flows Collapse
Deutsche Bank Has No ‘Plan B’
Critics are renewing attacks on the German giant’s investment banking division now that talks with Commerzbank have collapsed… Read More Deutsche Bank Has No ‘Plan B’
Unemployment in Spain Still Miserably High Despite Six Years of Economic Growth
“The worst labor market” on the planet: unemployment exceeded 20% in three downturns over the past 35 years.… Read More Unemployment in Spain Still Miserably High Despite Six Years of Economic Growth
Deutsche Bank Merger Talk Ends — Now Comes the Pain
Deutsche Bank is not some little German bank running amok. It’s designated a G-SIB or Global Systemically Important Bank. That means that it has the potential to spread systemic risk in the global financial system… Read More Deutsche Bank Merger Talk Ends — Now Comes the Pain
Italy’s ‘Perma-recession’ Could Trigger a €2 Trillion Financial Crisis
The continued existence of the Eurozone could be under threat… Read More Italy’s ‘Perma-recession’ Could Trigger a €2 Trillion Financial Crisis
Threat of Contagion to Eurozone from Spanish Banks’ Huge Bet on Emerging Markets: UBS
Spanish banks expanded aggressively into Emerging Markets to flee the consequences of the euro debt crisis… Read More Threat of Contagion to Eurozone from Spanish Banks’ Huge Bet on Emerging Markets: UBS
After a $354 Billion U.S. Bailout, Germany’s Deutsche Bank Still Has $49 Trillion in Derivatives
, Deutsche Bank is in the same league as the bank holding companies of U.S. juggernauts JPMorgan Chase, Citigroup and Goldman Sachs. But its financial health is much weaker. … Read More After a $354 Billion U.S. Bailout, Germany’s Deutsche Bank Still Has $49 Trillion in Derivatives
