London is a financial backwater

 

I remember when London was the center of the financial world. It financed the train network in Argentina, developed the frozen meat exports, the mines in South Africa, and coffee plantations in Brazil. In Bauchi, they developed the peanut cultivation, created the Bauchi Meat Plant, etc. 

 The British Navy was a force for morality; it eliminated the slave trade worldwide, against the material interests of the Empire. 

All that, gone. 

President Trump mentioned the disaster that London has turned into. I am a lifelong Anglophile. I don't want the disappearance of the English nation. What a pity.

PS: Overall equity offerings on TASE raised a total of NIS 5.6 billion in H1-2025 (1.7 billion USD). H1 means the first six months of 2025, so we should rank in the 7th - 9th. place, but Bloomberg ignores us. Money is flowing into Israel.