.. boi valued at 7.9 billion vs 12 for aib.. although the latest financial results placed the equity at 13.1 billion. still time to see if there is a higher valuation by the sale date.. whatever that may be..
Now we are seeing the party whose members are all born to rule in their true colours - well their underpants really - Boris on this evenings news really should put in a transfer request. Perhaps if I sent his CV to "The Donald" old goldilocks might see the possibility of forming a double act like the twins (Jedward) with the Haircuts except that they are brighter - they actually answer questions and are quite funny at the same time.
As the deadline draws nearer I fully expect to hear some of their spokesmen speaking in tongues if a microphone is put in front of them.
It was more or less admitted today, on various channels, that the emperor has no clothes and that even if Theresa May puts on her biggest hat, she won't be able to fool anyone when she tries the bluff on Europe. In the past this country could always rely on America when both were working on five year cycles because their elections fell at different times when America was rising it was helpful here and vice versa.
Now that Donald is in office that avenue is closed because he has no interest or understanding it would seem of economic cycles.
It doesn't help our share all this confusion, but at least Europe can start to make decisions and Ireland is well placed to take advantage of any improvement in economic activity which arises out of all of this once the dust has settled.
The Conservatives running around like headless chickens is great fun to watch but it is a shame that it can do so much damage at the same time.
Don't think my nephew has been given his ticket to Frankfurt yet but it can't be long now looking at todays antics.
Spain is still in a big mess with very high unemployment but the construction sector is taking off again. Part built concrete shells that have lay abandoned for years have burst into life. Cranes appearing on the skyline again... They were completely absent for years.. Salaries here very low but cost of living must lower.
Brexit is an unmitigated disaster and our nearest and dearest neighbours seem hell bent on self destruction.
Pound is crashing in anticipation. When article 50 is actually trigerred we could be looking at close to parity... Not good for me as I am invested in the UK.
Good to see BKIR have a bit of a rise but the road ahead is going to be bumpy, for sure...
.. just read an article about brexit.. article 50 could be invoked during march.. another requirement the EU wants to impose on the UK is a 60 billlion € divorce package.. a large penalty..disproportionate.. no country in the EU has this extra cash. the EU is also having trouble with the east block countries. things suddenly become complicated.
here is part of the article... .. Part of the ECB’s reasoning for exploring the possibility of raising rates before finishing its 2.28 trillion-euro ($2.4 trillion) bond-buying program lies with the structure of the euro-area economy, the people said.
The negative deposit rate is squeezing banks’ profit margins because they can’t generally pass the cost -- charged by the ECB on overnight funds kept at the central bank -- back to their customers. That potentially holds back lending to companies and households."
the other more pressing reason is the outflow of european capital elsewhere.. rates are forced by the Fed hikes..
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