Troubles Brewing in Questaria
The finance and shipbuilding industries of Yohannes - two principal machineries of growth and source of foreign exchange earnings for the small island nation - are feeling the negative effect regionally by the recent situation unfolding in Questers, Morieux, Van Luxemburg, Sondstead, Pollona, and the region of Maredoratica as a whole.
Information collected by His Majesty’s Treasury showed shipbuilding related manufacturing and electronics related engineering output gradually declined by 3.3% for the month, 1.3% more than previously forecasted by analysts - both foreign and Yohannesians - in the kingdom. Meanwhile, the previous week showed the withdrawal of Yohannesian capital in Maredoratic-related projects, and the subsequent drop of rating of 27 vulnerable small-scale local banks of the four countries.
His Majesty’s economic advisers had predicted their ‘doom and gloom’ forecast of Yohannes’ commercial and trading operations in Maredoratica for the next eight years, with more than 30,000 high-paying engineering-related jobs to be axed, and further employment casualties to be expected in the kingdom’s financial services & banking operation regionally. “Despite this somewhat… depressing development, however, it is to be noted that the kingdom’s commerce and trade with hundreds of nations outside Maredoratica will not be affected by this recent, unfortunate development.”
“That is beside the fact, however, for the headquarters of our multiregional commerce is the island nation of Yohannes itself, which is, of course, a nation located in southern Alisna. Allied governments of His Majesty’s Government outside the region will carefully observe further development in Maredoratica, and judged their views, and confidence, upon the stability of our economy correspondingly. As a result, any further escalation of this regional dilemma would slowly affect our balance of foreign exchange earning outside Maredoratica, thus harming not just Yohannes’ commerce in the region, but the entirety of its multiregional operation.”
“The day that that prediction will be made into reality, will be the moment that our economy would be affected very significantly indeed. I can not but think of the number of jobs that would be lost not just in Yohannes, but also overseas, resulting from the realisation of such a catastrophe”, Bank of Yohannes Foreign Relations Director Sir Grant Wellington anxiously explained at a press conference this morning.
“Thanks to our kingdom's vast network of commerce and trade, Yohannes has so far been insulated from some negative historical economic development and events happening in Maredoratica. But the latest crisis unraveling in the Questarian economy - without a doubt one of the most influential in our region, alongside that of Prekonate, Morieux and other corresponding economies - certainly has presented us with something of an entirely different order of magnitude… something which we most likely can not escape from, as most unfortunate as that would indeed be...”, the President of the Wiremu University of Wellington, Charles Arehu, added this morning.
“I dunno how many jobs will be lost, man, but I certainly ain’t holdin’ my breath for another government handouts”, he coughed, “... engineering-related student loan, of course, for the next five years.”