JEDI HoloNet

378.02 // Coruscant Stock Market Crash! Millions riot, job losses, Galactic Recession to follow

Disaster strikes as a housing-price bubble across the Galaxy finally bursts, and the stock prices of all major Republic Banks and Investment-Centres crash to an all-time low, falling by over 40% overnight. Speculators continue to withdraw their shares only bringing the prices down by the minute, and major banks are beginning to collapse or close their doors to savers as a ‘run on the bank’ occurs across the Galaxy. The economic calamity has caused not only outrage, despair and travesty for the banking elite, flow of investment to businesses and the Republic, but businesses across the Deep Core are beginning to let off workers. Many business owners are attempting to sell their assets in the chaos of the Stock Crash, but this is putting millions across the Galaxy out of work, out of pay, and possibly onto the streets.

Republic Security personnel is seeing the early days of massive riots outside of banks and other commercial centers, the Police Chief on Coruscant warning RSF across the Galaxy to “Prepare for an impending wave of public disorder.” Tragically, many Stock Brokers have been found dead across Coruscant, presumably due to suicide at the loss of all of their gambled assets.

In these early days, it is unclear how this Economic development will affect the rest of the Galaxy. Speculators predict that with the loss of commercial activity within the Deep Core, the entire Republic – and by extension, the entire Galaxy will be hurt by this loss in commerce. Ex-Chancellor and leading Coruscant Economist Ja’lal Munn predicts that not only will job losses be a pandemic source of monetary distress across the Galaxy, but it will create a catalyst for all kinds of corruption and dissent, “possibly violent”, in the worst-effected areas.

One thing is certain, unemployment will create idle hands, and idle hands are the devil’s playthings. However, Holonews remains optimistic, and reminds its viewers to keep optimistic as well.

375.16 // Omega Aerospace Unveils New Skyhopper Line

Following a competent industry presentation, low flight manufacturer Omega Aerospace Ltd revealed the latest model in their extensive line of skyhoppers: the XMN-45. The new craft was revealed at the annual Flight And Fancy convention held on Corellia.

Omega Aerospace have been changing the face of skyhoppers for many decades with their surprising range of elegant and luxurious craft. Confirmed owners from their line include High Queen Vreela of Kanzi, Oojo the Great III and singer-songwriter Eiar Yovv.

The XMN-45 will be available from early next year, with prices ranging from 12 to 15 million credits.

370.12 // InterCore future uncertain in unexpected sell-off

Stock market analysts were perplexed this morning following the unexpected buy-out of InterCore, an action that has had repercussions for many businesses in the same sectors. This news comes in spite of recent rises in quarterly profits for the conglomerate.

InterCore is the parent company of over eleven smaller companies around the Core and Mid Rim, mostly specialising in energy and research. Rumors speculated that InterCore was the side project of ex-Xycal Corp CEO. Xycal Corp, as many may remember, has been struggling to claw back profits following a devastating stock value drop in 358.28 ABY after the Seltos water contamination fiasco.

No statement has been provided for the sell-off of InterCore from any of the leadership, nor the confirmation of the new buyer. More details as they arrive.

370.01 // Mandalorian Farms Have Record Year

Speaking from his family home on Concord Dawn, Mandalore the Rebuilder, Asdral Gev, mentions the high yields and profits from the Mandalorian farm worlds.

“This past year, with the help of our allies in both the Republic and the Empire, we have been able to bolster our crop production by more than double. We are committed to continue our part of the treaties we have, with not only assisting in rebuilding war torn planets, but also resupplying them.”

Mandalore has been making trade deals and working with several neighboring planets to help bolster this agricultural growth, as well as help from a new division of MandalMotors, MandalAgriProductions. A large number of immigrants have been noted moving to work in Mandalorian space as well.

The Mandalorians previously signed treaties with both major galactic states, assuring their help in rebuilding Imperium ravaged planets in exchange for open trading routes.

While still struggling, the Mandalorian government has almost doubled their gross galactic product.

367.20 // Jedi Order Makes Deal for New Fleet

Image result for e-wing fighter

News from FreiTek’s headquarters on Fresia, Executive Nei Ving announces a partnership with the Jedi Order to supply the Order’s new fleet of E3R E-Wing Escorts.

In a press conference held in the famous FreiTek R&D hangar, Ving announced alongside several high ranking members of the Jedi Order’s famous ‘Ace Squadron,’ that the Order has agreed to phase out their existing fleet of personal fighter craft in favor for the recent developed and released E3R E-Wings.

Rumors had been spreading that the Order had been sending our emissaries to many companies to find a new ship to replace their aging, but iconic ‘Jedi Star Fighter,’ the Kuat Drive Yards’ ETX-80. No comment from KDY on the new contract.

The new deal is expected to deliver unknown amount of ships to the Jedi Order, as well as 15 years of parts and maintenance. It is unknown what cost the Jedi Order has paid for this new contract, but the FreiTek stock jumped up 25 points with the announcement.