Author Archives: Nick Corbishley

The Spanish government has reversed its long-held position of neutrality regarding  Western Sahara despite the risk of alienating the EU’s third largest provider of natural gas, Algeria.

Like the Trudeau government, the Sánchez government blames the truckers’ strike on far-right elements while blaming Putin for record-high gas prices and decades-high inflation in Spain.

On a pound for pound basis, European banks are far more exposed to Russian debt than their U.S. counterparts. And Russia is looking increasingly likely to default on that debt. 

Even as the pressure rises to endorse the West’s sanctions against Russia, most countries, including U.S. neighbor Mexico, prefer to sit on the fence. 

There are many reasons why Palantir’s new NHS deal is troubling, including first and foremost the company’s close ties with the US military, intelligence and security agencies.

The move towards central bank digital currencies (CBDCs) “is gaining momentum, driven by the ingenuity of Central Banks.”

As the world is transfixed by the escalating war in Ukraine and its economic fallout, big moves concerning vaccine passports are taking place behind closed doors..

After bearing the brunt of the banks’ years-long war on cash, elderly customers have had enough and are not going to take it anymore.

The sanctions could end up causing more pain to U.S. allies in Europe than Russia itself, which will probably use this opportunity to take another step closer to autarky. 

Is there more to this story than we are being told?

Even if you have complied with all of the public health requirements, human error or algorithmic bias can leave you stuck in limbo.

Some banks will do just about anything to try to wean their customers off using physical money, including (in the case of BBVA) charging their customers for withdrawing cash too often. 

The decision to implement back-to-back rate hikes, for the first time since 2004, heaps yet more pressure on household incomes and struggling businesses. It came a day after the UK Government passed generous tax cuts for banks.