Midway

[Svetlana]

Midway officially defaults on its debt as the central bank blames overspending on the military, protests break out as austerity measures are implemented: please make the arrows go up

Watashina, Midway. Concerning news have came from Midway as the governor of the central bank Arashi Nobuzaku has officially declared that Midway will not be able to payback the debts it has accumulated over the past decades in addition to officially declaring the country as bankrupt. The announcement caused a major crash in the stockmarket as investors massively tried selling their shares as fast as possible in order to ease their ongoing fall, this reaction caused a massive hysteria to catch the population seeing the indicators all point down in deep red, banks witnessed their cash reserves empty up in the blink of an eye which has then forced the government to ban all withdrawals of money for an indefinite period alongside declaring the state emergency nationwide. Shortly after the declaration of martial law, protests broke out throughout the entirety of the isles as protests reclaimed the resignation of the current sitting president and complete slash of the military budget, which the governor of the central bank accused of being the main cause that pushed Midway into the debt spiral. The government, and especially the military, did not take too kindly to the sudden rebellion of their citizens this prompted the start of a massive arrest campaign against leaders of the opposition and surprisingly the leader of the Confederation of Workers, Merchants, and Artisans of Midway, Qiao Jian shared live on social media police officers raiding her officers who then handed her a notice stating that her union, the biggest organized union of Midway, was no illegal under the presidential decree N°37010-03 which also makes her a so called "enemy of the proletarian state" but fortunately Qiao escaped before being caught in the police. Before ending her broadcast, she called all members of the confederation and its sister organization the ASPNSI to all mobilize in order to restore "transparent and popular democracy". Now the world watches as its gateway of Dovani burns with the fires seemingly growing in ferocity and impact by the minute marking a turn in the small nation's history and possibly the start of a domino effect.