Author Archives: Nick Corbishley

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.  

Since the Global Financial Crisis residential property in European cities has become an attractive asset class for financial institutions, many in the U.S. The virus crisis has merely intensified this trend. 

An eight-year court case in Mexico involving the New York lender remains unresolved. And it could take another two years to reach a verdict.   

With Omicron evading the current crop of vaccines with effortless ease and the UK Government withdrawing most other virus-control measures, there is no rational justification for vaccine mandates for healthcare staff. 

Big global lenders, including Spain’s Santander and Canada’s Scotiabank, are interested, but Mexico’s President Lopéz Obrador would prefer Mexico’s third largest bank to pass back into the hands of Mexican owners.