Fundamentally, this proposed merger isn’t about creating a robust and profitable bank. It is all about German politics. Germany would suffer considerable loss of face if its largest bank were forced into the ignominious European bank resolution procedure, with creditors bailed in and shareholders wiped. How the Italians would laugh…
The European giant can rely on an army of poorly paid workers to weather a downturn. Read here
The Turkish government feels it is critical to send the message to women across the Middle East that if they rise up for their rights, let alone rise up in arms, the likely result is […]
The European Union = The Great Hypocrisy now with a fascist spin Read HERE An EU team visits the new prison in the Jenin area of the occupied West Bank. (EUPOL COPPS)
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