Nick Corbishley

All Heck Breaks Loose amid Fears of Another Currency Crisis after Turkey’s Central Bank Governor Got Sacked Following Shock-and-Awe Rate Hike

The Lira plunges, stocks plunge, yields jump. Capital controls expected.More

365 Days With My Mother-in-Law: Boots on the Ground View of Barcelona’s Economy

It remains in a state of suspended animation.More

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SoftBank Fintech Unicorn Greensill on Verge of Collapse

A massive murky mess of supply-chain finance, amid criminal allegations against the management of its German bank subsidiary, with wide repercussions.More

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Looking on the Bright Side of Brexit, 60 Days In

The hard Brexit has compounded pressures on many UK industries, but some key positives have started to emerge.More

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Global Green Energy Zombie Abengoa, Caught Cooking its Books in 2015 & Bailed Out Twice, Finally Runs Out of Bailouts, Files for Bankruptcy, 2nd Largest in Spanish History

Biggest beneficiaries of the now scuttled rescue plan would have been private equity firm KKR and Banco Santander.More

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The Growing Pains of Brexit, 50 Days In

The crucial services exports, manufacturing exports and imports, the arts & entertainment industry, fishing industry… it’s a mess.More

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Owner of Westfield, Buckling under $32 Billion in Debt, Plans to Dump its US Malls After Huge Losses

“A management team that remains prisoner of its failed strategy that started with the acquisition of Westfield.”More

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Despite Terrible US Economy in 2020, Workers of Mexican Descent Sent Most Dollars Ever Back to Mexico

Against expectations, the feared plunge in remittances, as during the US Housing Bust, did not occur. For interesting reasons. Weirdest Economy Ever.More

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Biggest Office Glut since 2005 Hits Hong Kong Commercial Real Estate amid Worst Recession on Record

Several unique factors, topped off by the enduring trend to working from home and an exodus of companies.More

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Eurostar Near Collapse, Asks for Bailout, Becomes Hot Potato

Eurostar Near Collapse, Asks for Bailout, Becomes Hot PotatoMore

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