Black Thursday sends ripples through Zardic economy
Beleco - Crowned as "Black Thursday" the economic fallout from the perceived failure of the Majatran Alliance has sent ripples throughout the economy in Zardugal, likewise in Vanuku and Istalia and other Majatran economies. President Vlaĥos issued a statement that he had directed the Secretariat of Finance to closely monitor the situation; the Chairman of the Federal Reserve System also stated that they had taken measures to ensure that the Zardic economy was stable. President Vlaĥos has offered assistance to fellow Majatran economies that suffered, noting that: "...with the rise of a new Zardic Eagle, we have a place in leading Majatra and countries that are in need, are welcome to come to Zardugal and we can work out assistance programs with them." When the President was pushed for questions to what Zardugal would do in regards to the Majatran Alliance or the Majatran Union of Nations, the President remained tight lipped. He noted that he was actively exploring all options and the Secretariat of Foreign Affairs was conducting a study on what might be more advantageous.
Zardugal however has been helped as the Defense Material Export Agency has announced that it has exported nearly 15b worth of Zardic arms so far in the close of 4428, bringing it to a total of 37.5b in arm sales for the year. The DMEA is responsible for exportation of small arms, military vehicles and other smaller, less "integral" arms of the Zardic defense industry. Zardugal and the Vlahos administration has directed it's Secretariat of Defense to shop for selling equipment to various countries throughout the world. Only has Ostland purchased a large naval system with the Zeno Morona-class frigate; however Zardugal is actively seeking close allies and friends to sell its equipment such as its MBT and other ground systems.