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Citi's "What If?" Scenarios: Part 2

Citi's "What If?" Scenarios: Part 2

Yesterday we published the first set of 7 "What If" scenarios that didn't make it into the Citi Credit team's (already rather gloomy) year-ahead forecast. Because while Citi's "base case" was clearly bearish (our summary can be found here), what was left unsaid was even more unsettling, if not troubling. As the bank's credit team wrote "what about the outcomes that didn’t quite make it into our base case?

US Ambassador Calls Own 2015 Statement "Fake News"; Things Then Rapidly Go South

US Ambassador Calls Own 2015 Statement "Fake News"; Things Then Rapidly Go South

The new US ambassador to the Netherlands, Pete Hoekstra, is not off to a good start following an international embarrassment on Dutch TV in which he smugly denied every saying there are no-go zones in the Netherlands - calling the suggestion "fake news." 

Ambassador Pete Hoekstra

Hoekstra - former congressman (R-MI) and chair of the House Intelligence Committee for two years, was asked by Dutch journalist Wouter Zwart of news program Nieuwsuur about comments he made in 2015: 

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