Chapter 597 was mixed
The Corvette people are still very kind, and they have a lot of people to thank, but William White must be appeased.
White Bank is not an investment bank, and of course prefers this kind of relatively secure loan. Of course, one family can't eat it all, and asset allocation can't be too casual. Balance, balance is very important.
People respect him, and of course he won't be ignorant of the so-called chaos. White Bank also gives a very low interest rate.
William White knows very well that over time. The Corwitt Investment Bureau will become a behemoth. It is obviously better to pull a hand when they are facing a difficult situation than to fall into a well.
Well, it also depends on the object, if you run into Maozi, believe me, drop the biggest stone as soon as possible.
The resumption of production is in sight, and oil prices, which have been strong, are beginning to loosen. The rebound of the footbasin stock market is anticlimactic, and it seems that there will be no way to do it for a while. The most critical issue is that the central bank intends to intervene in the property market.
The collapse of property prices is of course not good for the economy, and the skyrocketing is even more troublesome. Let's not talk about whether the bubble will burst, let's just say that if your house price rises, the rent will naturally rise.
Well, do you want to open a store and do business?
Not to mention shops, the same is true for residences. Your rent is so expensive, if the boss doesn't give you a salary increase, who can continue. The salary is too much, and you still have the competitiveness of fart?
The North Sea Brent oil forward contract was lower due to worries about the economic index of the foot basin and the increase in market worries, and the imminent resumption of some crude oil supply by Corwitt.
The price of iron ore, which should have been lower, rose due to the supply interruption in Tuao.
The strike of the dock workers has been going on for some time. It seems that the guild has no intention of compromising either.
"Boss, after so long on strike, you didn't react. I said, "That's a lot of loss." Jason was smiling and wincing.
"Cut, I'm still afraid of them, these guys, it's cool to go there and play. When I got annoyed, I built a private dock. ”
"Damn, if that's the case, it's going to be a big deal, and those councillors won't agree. ”
"Hehe, what if you don't agree? Believe it or not, I'll build another railway. Tuao is an island, I still don't believe it, is it really difficult to find another outlet to the sea?"
Jason was dumbfounded, and Filson on the side was also sweating profusely. He found out that the boss was going to make things bigger.
"Boss, in this way, I'm afraid there is no room for relaxation?" Filson said with some concern.
"Ease, aren't they just going to give the cowboy a dismount?" William White was a little depressed, he didn't look for things, things always came to him.
"Hehe, it may mean that, they're all spoiled. ”
"Well, I've decided, resurvey a line. Due to the inability to export iron ore in time, BHP Billiton, which had just completed the merger, decided to lay off 15% of its workforce. ”
"Boss, are you sure you want to do this?"
"Filson, I'm ready to fight a protracted war, let me tell you, the price of iron ore is so low, I don't plan to sell a ton. Drag, I don't believe they can hold out for a few years. ”
Jason Gao almost made a mistake, he didn't expect William White to be so ruthless. A few years? Just kidding, is this going to make a world record? The previous record holder seems to be a coal worker from John Bull.
Sure enough, as soon as the news of BHP Billiton was released, a group of parliamentarians in Tuao couldn't sit still.
Don't agree to the acquisition?
Yes, it's okay to say, return the money to me, and then compensate for the loss by the way. Then we were able to break up without a hitch.
With strong?
Don't joke, people are US imperialists, you are sick.
Crucially, there is simply no good reason for your strike. Nima, do you have a dime to do with building a wharf? Now that I'm not talking about it, I'm going to build my own wharf.
A group of turtles immediately fainted, Nima, this is money to burn, since you are so rich, wouldn't it be good to add some income.
"Isn't that outrageous?"
"Yes, boss, look at him, it's not like a joke, it's not a matter of the docks now, there's a railroad to be built. It's convenient for him here, several mining areas are connected, the original wharf, and the town next to it, I'm afraid I need to go to herd sheep again. Seeing the constipated expressions on his subordinates' faces, Da Mo's current boss was also speechless. The richest man, this is really not an ordinary willfulness.
"Don't these buns watch the news? When did William White accept coercion? You discuss it through normal channels, it's not too outrageous, he will think about it. Even if it won't pass, a reason will be given. Strikes, threats, hehe, hopefully they can continue to hold on. ”
The welfare system in Tuao is very perfect, and workers are really not afraid of unemployment. Those relief funds can also make them live well.
Well, it's just not bad either. It's just the ordinary kind of life, if you have some extra expenses, I'm sorry, maybe you can have a bunch of children.
Of course, many people are still willing to work. Giving birth at home all day long is not a very wonderful thing. They also need vacations, and their children need a better education. And all this is not something that can be provided by the relief money.
They don't want to make trouble, but other companies don't do it. Nima, you can do whatever you want, what do I say about my orders during this time, such a big loss, is it deducted from your salary?
Why should you go, you uncles, you can't afford to be served.
A group of local sticks finally saw the domineering of the local tyrants.
Isn't it compensation?
Not a dime will be given less, and what labor and management have is money.
Having said that, if you want to enter this company again, you better pray to God.
BHP Billiton is making a lot of noise here, and Rio Tinto and Vale are very happy. Iron ore, which can't be sold, has actually begun to rise in price.
Nima, what kind of immortal means is this. Tsk, it seems that it is very necessary to properly control the export volume of iron ore.
"Boss, in the past two days, the steel company of the footbasin has been miserable. Their gross profit margin is only about 10%, and iron ore is generally up 5%, and their profits are at least one percentage point off. ”
"Hehe, they can digest it internally. Even if they rise by 5%, our steel companies still can't handle it. I wondered how they managed the company. ”
Filson was speechless, these guys, not as rich as you. If they also fry that group of thorns, the efficiency of the factory will naturally increase.
William White set a very bad precedent in Tuao. Since then, if you want to invest in mining companies in Tuao, you will be subject to many restrictions.
For example, the current footbasin is jumping and scolding the street. Nima, William White is okay with the acquisition, why can't we. Light prospecting is useful, what we need is control of iron ore.
William White is very happy that Tuao's response will definitely pull up the company's valuation. Tsk, this method is good, and you can still make money by stopping production. If so, it's good to stop for two more years.
The price of a ton of dozens of dollars is a pain in the eyes when you think about it. If you remember correctly, this thing went up to the hundreds. Nowadays, these losses are really nothing, and they can be earned back with interest in a month.