Chapter 598

The Kuwaitis are still very kind, and they have a lot of people to thank, but William White definitely needs to be appeased.

White Bank is not an investment bank, so of course it likes this kind of more secure loan. Of course, one family can't finish it, and asset allocation can't be too casual. Balance, balance is very important.

People respect him a foot, of course he will not be ignorant of the so-called disorder. White Bank also gives a very low interest rate.

William White knows all too well that over time. KIA would become a behemoth. It is obviously better to give them a hand when they are facing difficulties than to add insult to injury.

Well, it also depends on the object. If you encounter a problem, believe me, throw the biggest stone down immediately.

The resumption of production in Kuwait is in sight, and oil prices, which have been strong, are beginning to loosen. The rebound of the foot basin stock market is anticlimactic. It seems that there will be no way out for a while. The most critical issue is that the central bank intends to intervene in the property market.

Plunging property prices are of course not good for the economy, and skyrocketing prices are even more troublesome. Let’s not talk about whether the bubble will burst, but just say that if your house price rises, the rent will naturally rise.

Well, then, do you want to open a shop and start a 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. With too much salary increase, you still have the competitiveness of farts?

The economic index in the foot basin is worrisome, and the market's worries have intensified. Kuwait will resume some crude oil supply soon. Affected by this, the North Sea Brent oil forward contract fell.

The price of iron ore, which was supposed to go down, went up because of the supply interruption in Tuao.

The dock workers' strike has been going on for some time. It seems that the guild does not intend to compromise.

"Boss, you've been on strike for such a long time, but you didn't respond. I said, this is a huge loss." Jason laughed very cheaply, and kept winking.

"Tch, I'm still afraid of them, these guys, go and play there when it's cool. If it gets annoying, I'll build a private pier."

"Fuck, if this is the case, the matter will be a big deal, and those congressmen will not agree."

"Hehe, so what if you don't agree? Believe it or not, I will build another railway. Tu'ao is an island, but I don't believe it. Is it really difficult to find another outlet?"

Jason Gao was dumbfounded, and Filson beside him was also dripping with sweat. He found out that the boss is trying to make things bigger.

"Boss, in this way, there is no room for relaxation?" Felson said with some concern.

"Easy? Aren't they just planning to give the cowboy a bad start?" William White was a little depressed. He didn't look for things, things always came to him.

"Hehe, it might mean that, they are all spoiled."

"Well, I decided to re-survey a line. Since the iron ore could not be exported in time, BHP Billiton, which had just completed the merger, decided to lay off 15% of its staff."

"Boss, are you sure you want to do this?"

"Filson, I am prepared to fight a protracted war. Let me tell you this, the price of iron ore is so low, I don't plan to sell a ton. If you delay, I don't believe they can last for a few years."

Jason Gao almost stumbled, but he didn't expect William White to be so ruthless. How many years? Just kidding, is this going to set a world record? The previous record holder appeared to be a John Bull coal worker.

Sure enough, as soon as the news about BHP Billiton was released, a group of councilors in Tuao couldn't sit still.

Do not agree to the acquisition?

That's okay, so to speak, return the money to me, and compensate for the loss by the way. Then we can break up smoothly.

Use strong?

Don't joke, he is the emperor of the United States, you must be sick.

Most importantly, your reasons for striking are simply not sufficient. Nima, does the building of the wharf have anything to do with you? It's all right now, no one else will talk about it, and I plan to build a pier by myself.

A group of soil turtles immediately fainted, Nima, this is money to burn, since you are so rich, it would be nice to give some more income.

"It's not that outrageous, is it?"

"Yes, boss, looking at him, it doesn't look like a joke. Now it's not a problem with the dock. A railway needs to be built. It's convenient for him here. Several mining areas have been connected into one. The original dock, and The town next to it may need to re-herd the sheep." Seeing the constipated expression on his subordinate's face, the current boss of Dalmo was also speechless. The richest man, this is really not ordinary willfulness.

"Don't these bumpkins read the news? When did William White accept coercion? You discuss it through normal channels. If it's not too outrageous, he will consider it. Even if it doesn't pass, he will give a reason. Strike? Threat? Hehe, Hope they can keep going."

The welfare system in Tuao is very complete, and workers are really not afraid of losing their jobs. Those relief funds can also allow them to live well.

Well, it's just not bad either. It's just an ordinary life. If you have some extra expenses, I'm sorry, maybe you can have a bunch of children.

Of course, many people still want to work. Giving birth at home all the time is not a terrific thing. They also need vacations and their children need better education. And all of this is not what relief funds can provide.

They don't want to make trouble anymore, but other companies quit. Nima, you can do whatever you want. How about my orders during this period, is such a big loss deducted from your salary?

What should you do, you uncles, labor and management can't afford to take care of you.

A group of local sticks finally saw the arrogance of local tyrants.

Isn't it just compensation?

No dime will be given less, labor and capital have plenty of money.

To be clear, if you want to get into this company, you better pray to God.

BHP Billiton is making trouble here, while Rio Tinto and Vale are very happy. Iron ore, which cannot be sold, has actually started to rise in price.

Nima, what kind of fairy method is this. Tsk tsk, it seems that it is very necessary to properly control the export volume of iron ore.

"Boss, in the past two days, the iron and steel companies in the foot basin have been miserable. Their gross profit margin is only about 10%, and iron ore has generally increased by 5%, and their profits have dropped by at least one percentage point."

"Hehe, they can digest it internally. Even if they increase by 5%, our steel companies still can't handle it. I wonder how they manage the company."

Filson was speechless, these guys are not as rich as you. If they also fire those thorns, the efficiency of the factory will naturally increase.

William White set a very bad precedent in Tuao. From then on, if you want to invest in mining companies in Tuao, you will be subject to many restrictions.

For example, the current foot basin is jumping and cursing. Nima, William White's acquisition is fine, why can't we. Light energy prospecting is useless, what we need is control of iron ore.

William White is very happy. Tuao's response will definitely increase the company's valuation. Tsk tsk, this method is not bad, it can still make money after stopping production. If so, stop for two more years.

The price of tens of dollars per ton is painful to think about. If you remember correctly, this thing has risen to several hundred. Now these losses are really nothing, and they can be earned back with interest in a month.