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Is about to be trashed, with all the inevitable consequences and wider fallout!

Pork and chicken about to become as rare as hens teeth, owing to CO2 shortages, a knock on from oil supply chain issues and don't bother booking your summer holidays, if you plan to fly abroad, as theUK has only six weeks of jet fuel left!

There are some rather sad naive individuals on here who swallow western media spin hook, line and sinker!

Try getting a balanced picture by getting the spin from both sides and then forming your own opinion with the aid of cognitive flexibility.

Of course if you are already biased one way or the other, you can be helped, but unfortunately that will result in you making poor financial decisions and losing money!

It is impossible for a man to learn what he thinks he already knows." — Epictetus

https://www.presstv.ir/

https://www.aljazeera.com/

Both these station report 24/7 on the situation as it develops.

Come on now troublesome, we do need to be realistic!

I've a very positive disposition, but we could be looking at 200 dollars a barrel of oil, out of control inflation an economic crash, a numbers of years of recession, job loses; widespread home repossessions, the war in the Middle east going on for years with American boots on the ground with massive US casualties, putin invading another Eastern European country after ukraine, China having a pop at Taiwan, climate change spiralling out of control causing rapid global climate crisis and Reform UK winning the next election, with Farage as its leader!

The current economic and political reality we find ourselves in is rather dire!

This week the International Monetary Fund (IMF) warned that the US-Israel war with Iran could plunge the global economy into recession, with the UK set to be the hardest hit of the world's advanced economies.

In its latest World Economic Outlook, the IMF cut its estimate for UK growth this year to 0.8%. In January, before hostilities began, it had forecast growth of 1.3%.

Rachel has been in Washington DC at the IMF's annual conference representing UK interests.

Lloyd and the markets remain bullish, in spite of what has being going on, but this could turn very nasty economically, very fast!

https://www.bbc.com/news/articles/cr5110n2l3mo

IDoji, that's all a bit grim...

But Lloys now over 103p...

Further recovery in Lloyds share prices, as both sides are continuing to talk!

"Lloyds is close behind. Analysts forecast 18% growth, from 101p to 119p"

https://uk.finance.yahoo.com/news/just-check-latest-bumper-forecasts-141100158.html

I agree with trouble a lot.

Folks!

Things are really starting to l@@k up!

OK Troublesome, you have two parallel activities. The follow up to the ice breaker I referred to and then the one you refer to.

Stand back and see what is happening, i.e. folks are taking, which is the part to peace!

There is not the sniff of a deal yet, but if it happens then stocks will fly!

I remain optimistic and anticipate a resolution, as everyone and their dog knows, the current situation is causing huge damage to the world economy!

Troublesome yes, I think lloyds is starting to look like a very safe bet for investors if you can see through the political theatre and posturing! The two sides met for the highest level talks a few day ago for the first time in 47 years, which was the ice breaker. More talks about to happen. I can see grand mullah of Iran Mojtaba Khamenei and the US team popping out for a bit of friendly lunch in the not too distant future. Mood music is lookin' good folks!

Strong buy folks!

https://uk.investing.com/equities/lloyds-banking-grp-technical

Rejoining the EU would eliminate post-Brexit trade barriers for UK banks, potentially restoring "passporting" rights that allowed seamless services across Europe. While full re-entry is unlikely soon, closer regulatory alignment is actively being discussed to reduce friction, although political "red lines" regarding sovereignty remain, notes the House of Lords Library.

The advantages to the UK banking sector are clear!

Joeoh, there is a lot of domestic discontent, which in itself could rattle the markets, and most certainly cost a few of our political elite to lose this heads.

But a few of us are left who have been invested in Bank of Ireland for many years and been through the wringer a number of times already will just sit back and let yet another crisis resolve itself with time.

I have added a bit of music which should hit the mark in Ireland, at the moment!

https://www.youtube.com/watch?v=D1JIgtX5pCk

can't understand why ****stan get filtered...?

if ****stan is successful in its attempts to bring together the experts on both sides to bridge the gaps!

i remain optimistic that common sense will prevail and lloyds will be back to 110p by the end of may 2026!

Well done Linda!

LONDON BROKER RATINGS - "JPMorgan raises Lloyds Banking price target to 121 (117) pence - neutral"

Music to my ears!

https://global.morningstar.com/en-gb/news/alliance-news/1776069557991759500/london-broker-ratings-bernstein-cuts-wizz-air-and-easyjet

"The pattern should be obvious to everyone by now.

- Weekend, whilst markets are closed: Threaten, performative action. Markets can't react until Monday, when oil and whatever else predictably drops, so Trump and Co can buy falling stocks at cheap. 

- Monday until Tuesday 8pm (market after hours trading, when commercial trades occur): Keep threatening, escalate, cause stocks to drop further, all the way up until just before 8pm Tuesday, when he announces a "delay" "defer" or whatever to cause a last minute stock market surge. Trump and Co sell their stocks at a high, guaranteeing profits through market manipulation. 

- Friday, after 8pm when markets have closed: Repeat. "

Source is Reddit.

No end in sight = economic chaos

Will be watching the Asian markets to see what direct they go, as a precursor to what London is going to do!