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Joe Blogs

Joe Blogs

著者: Joe Blogs
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Information, Explanation and Understanding of the latest Economic Events from around the World. Find out what's going on and hear my views and comments on the likely implications for you and the Global Economy.Joe Blogs 政治・政府
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  • RUSSIA Seizes More Western Assets as Putin Signs Decree to Seize German & Finnish Power Stations Located in Russia
    2023/05/01

    President Putin has issued a DECREE enabling Russia to take CONTROL of Russian Power Stations owned by German business UNIPER and Finnish business FORTUM. These power stations have continued to be owned and operated by both companies since the Invasion of Ukraine started however both companies have been looking to sell these assets to Russian businesses. The Sale needs to be approved by the Russian state however President Putin has now decided to SEIZE these assets rather than allow a sale.


    In this episode I look at the announcement in more detail, the investments made by Uniper & Fortum, how many other companies could be affected and what losses have incurred and written off by industries including the OIL INDUSTRY, AUTO INDUSTRY, BANKING and CONSUMER PRODUCTS.

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    26 分
  • FOURTH USA BANK COLLAPSES IN 8 WEEKS - First Republic Fails After Bank Runs & Concerns Rise Over 2023 & New Global Financial Crisis
    2023/05/01

    First Republic Bank has COLLAPSED after it lost over $100 BILLION in Customer Deposits in Q1 2023. This Run on the Assets was despite First Republic receiving almost $120 Billion Bailout from the Fed and $30 Billion from other USA Banks.


    In this episode I look at the current situation for First Republic & Credit Suisse and discuss the possibility of seeing another Banking Crisis and more bank failures in 2023.

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    18 分
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