July 19th 2017
Welcome to another episode of Kaizen. My name’s Aaron Schere, and my goal is to guide you to financial solvency.
On today’s show, we’ll be joined by Sasha Bart from the New United to discuss the current economic landscape, which has been volatile since the passing of the Human-Xi’an Trade Initiative last month. Hang tight for her thoughts on what’s going on.
But, before that, let’s do a quick Market Breakdown.
Let’s start with the DevCo Group. CEO Terrence Naban continues to turn heads with his aggressive acquisition of distressed securities. This week, the investment group made waves by acquiring a majority stake in Titus Tools, the failing construction equipment manufacturer. Naban assuaged concerns that mass layoffs were imminent at their Selene-based production facilities by promising the company would operate normally until DevCo completed a thorough review of the enterprise. Still, he stopped short of making any promises about what would happen once their review was done.
Titus Tools joins a growing list of distressed companies that DevCo Group has acquired over the past few years. In particular, Naban seems to covet companies with prominent Empire-wide name recognition, seeing them as cheaper to relaunch with a streamlined marketing strategy. This was made apparent when DevCo Group partnered with numerous independent investors to purchase the Tumbril brand, which had been dormant since 2862. Now, with Titus Tools, it looks like Naban seems willing to continue testing this theory.
Next, Storm Securities is in hot water once again. The Advocacy raided their corporate headquarters in New Junction, with a warrant relating to Maurice Vano, the failed assassin who made an attempt on Imperator Costigan’s life in May. Shortly after the raid, a report by the Terra Gazette alleged that Storm Securities over the previous few months had made several payments to a shell company owned by Vano.
A statement released by Storm Securities said the payments were solely for “contract security services provided.” The company also claimed that it would be improper to elaborate on the matter due to the ongoing investigation and out of respect for the privacy of their clients. The statement did go on to strongly condemn the actions taken by Vano and vehemently deny any foreknowledge of them.
Now, it’s time to switch gears. Here to discuss the current state of the UEE economy is our old friend, Sasha Bart. She’s been an economic correspondent for the New United for years and is a frequent guest on this show.
As always, it’s a pleasure to have you here.
A lot has happened since you were last on the show. Besides the absolutely shocking attempt on Imperator Costigan’s life, the other big story has been the Senate narrowly passing the Human-Xi’an Trade Initiative. How has HuXa, as it’s commonly called, affected the current economic landscape?
What’s that reality looking like?
How likely is it that things will improve anytime soon in Baker? Certain aspects of HuXa aren’t even in place yet, with many provisions being phased in over the next few months. I feel like traffic through the system will only increase as those come online.
So, the Baker System and haulers caught in long customs lines are struggling to deal with HuXa. Who’s benefiting from it?
The food and drink conglomerate?
It makes a lot of sense for CTR to provide similar services and amenities no matter which Empire they’re in.
Now, let’s pivot to your latest column for the New United, which was titled “Commodities Chaos.” Anyone who’s been watching the commodities markets knows that their prices have been on a bit of a roller coaster ride. You did some digging around on this. What’s happening?
According to your article, the uncertainty of when this will all happen and how it’ll subsequently affect commodity prices are what’s fueling all this recent speculation.
We need to take a quick commercial break, but don’t go anywhere. Sasha Bart for the New United will be back with us to discuss how the mining industry is preparing itself for increased competition from Xi’an markets. That and more when Kaizen returns.