Author Archives: Nick Corbishley

As the Mexican government’s commitment to energy independence smashes into US financial interests, President López Obrador threatens to put sovereignty first.

After being launched to great fanfare in October 2021, Nigeria’s eNaira has so far had minimal impact on the country’s economy and citizens.

The US is planning to give up its citizens’ most precious data in exchange for the biometric data harvested by its “partner” governments in Europe and beyond.  

Mercosur’s refusal to host Zelenski at its 60th Summit is yet further confirmation of Latin America’s largely neutral stance on the Ukraine conflict. The US is beginning to get worried. 

As the global race for “white gold” intensifies, the so-called “Lithium Triangle” in South America is taking on increasing importance in the global economy.

Bank CEOs have good reason to be worried about rising civil unrest, as economic conditions deteriorate fast around the world. If 2019 was the year of protest, 2022 could be the year of unbottled rage.

On the same day as the OECD meeting, the governments of 21 African countries quietly embraced mandatory vaccine passports, which will link up with other global systems. 

Washington has intensified its Latin American charm offensive (onus on the word “offensive”) by warning of the dangers posed by China’s increasing use of “debt trap” diplomacy in the region.

Concerns are rising about the EU Commission’s ongoing opacity over its relations with Pfizer. But this is not the first time von der Leyen has been caught deleting sensitive information regarding deals with large corporations.

After Turkey’s official inflation rate surged above 70% in May, some global companies, including the British consumer goods giant Unilever, have begun applying hyperinflation accounting to their Turkish operations.

In a move that has already raised hackles in Washington, Nicaragua’s government has renewed a decade-long military partnership with Russia. 

The World Bank and its partners “argue that investing in digital ID systems is paving the road to an equitable digital future.” But instead “they may well be paving a digital road to hell.”

The Mexican government’s legal action against Vulcan has drawn accusations of “anti-business attitude[s] and rhetoric” from both sides of the US Senate.

For the first time in a very long time, central bankers are coming under friendly fire as they lose control over some of the economic forces they themselves have helped to generate.