- Nov 18, 2018
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NATIONALRAT RECALLS RESERVISTS, PUTS LANDWEHR ON HIGH ALERT AMIDST GROWING CRISIS
WIEN'S STOCK MARKET CRASH SPARKS PANIC SELLING, FEAR OF ANOTHER "DAYS OF SORROW"
Panic and fear as National Government enact emergency financial measures amidst stock market chaos.
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By Alexander Besselman
WIEN (Ostmark) - In an emergency session of the Nationalrat, convened amidst the escalating crisis in the neighboring Hanseatic Republics, Ostmark's lawmakers faced a nightmarish scenario eerily reminiscent of the infamous Days of Sorrow in 2014. As tensions escalated, a sudden and catastrophic stock market crash sent shockwaves through the nation, deepening the sense of dread and uncertainty.
Chancellor Karina Berger, her voice strained but resolute, condemned the invasion of the Hanseatic Republics by the Tarusan Empire in no uncertain terms. She pledged unwavering support for the affected civilian population and vowed to utilize all available resources to provide humanitarian aid. But as she spoke, her eyes betrayed the heavy burden of a nation teetering on the brink. "The people of Ostmark stand united once again in the face of disaster," Berger declared. "We will do everything in our power to aid those in need during these trying times. Togheter, we will make it through. Nobody will be left behind. Glory to the Republic. Glory to Ostmark"
Staatspräsident Karl Albrecht, as the constitutional Commander in Chief of the Landwehr, promptly ratified the Nationalrat's decision, ordering the immediate recall of all 7,000 reservists. This move underscored Ostmark's commitment to safeguarding its borders and maintaining regional stability. "The Territorial Defense Force will ensure the safety and integrity of its borders" but specified that will not take part to the conflict, reaffirming Ostmark's neutrality in the ongoing crisis.
However, the government was confronted with another pressing issue during this session - a sudden and steep decline in Ostmark's stock markets. The chaos is palpable, evoking memories of the dark days of 2014 when the nation was plunged into economic turmoil, marking the beginning of the Days of Sorrow. As panicked investors rushed to sell, stock prices plummeted, and the collective wealth of the nation seems to evaporate before its eyes. Ostmark's financial experts liken the crash to a merciless tempest, ravaging the nation's financial stability with the unrelenting force of a hurricane.
In response, the government enacted a series of emergency financial measures aimed at stabilizing the situation and restoring investor confidence. These measures are not just a safeguard against economic disaster; they are a lifeline, a desperate attempt to avoid reliving the horrors of the Days of Sorrow. The measures are the following:
1. Temporary Suspension of Stock Trading: In a bid to halt the carnage, the government temporarily suspended all stock trading in Ostmark.
2. Activation of Emergency Financial Reserve: The government accessed an emergency financial reserve, a measure not invoked since the Days of Sorrow, to inject liquidity into the markets.
3. Currency Stabilization: The National Bank of Ostmark, battle-hardened from past crises, intervened in currency markets to stabilize the Ostmarkian Mark.
4. Communication and Transparency: The government initiated a comprehensive communication campaign to keep the public informed about the measures being taken.
These financial emergency measures were not taken lightly. They are a painful reminder of the fragility of Ostmark's economy and the relentless tide of uncertainty. But in the shadow of the Days of Sorrow, they are deemed necessary to mitigate the economic fallout from the stock market crash. While the crisis in the south and the stock market turmoil present unprecedented challenges, the Republic of Ostmark remains steadfast in its commitment to safeguarding its borders, and ensuring the stability of its financial sector. The government presided by Karina Berger continues to monitor both fronts closely, determined to navigate Ostmark through these harrowing times.