Author Archives: Nick Corbishley

As Europe’s energy crisis deepens in the East, relations are souring between the EU’s fourth largest economy, Spain, and its largest natural gas supplier, Algeria. Once again, the US has played a major role in escalating tensions.

As the World Bank drives the implementation of digital ID programs across the Global South, its fellow Bretton Woods institution, the IMF, is doing exactly the same for central bank digital currencies (CBDCs).

Fears are rising that the boundaries of the cyber war between Russia and NATO could soon spread beyond Europe.

Within hours of the Electricity Reform’s failure, Mexico’s President AMLO had shifted his focus to new legislation aimed at nationalizing Mexico’s lithium deposits.

Food prices were a huge problem across Latin America even before Russia’s invasion of Ukraine. Thanks to surging fertilizer prices, the problem is getting worse.

Governments across the West are hurtling down a path that could lead us all to a very dark place. 

All eyes are now on Mexico’s electricity reform, which threatens the interests of some of the world’s biggest energy companies, many of them in the U.S.

UK airports and carriers are suffering severe labor shortages, at a time that passenger numbers are surging. Throw in COVID-19 absences to the mixture and it’s a perfect storm for an industry desperately trying to dig itself out of the mother of all crises.

Alienating your most important natural gas provider is hardly a good idea even at the best of times. And right now, with the world facing its biggest energy crisis in at least half a century, is certainly not the best of times.

Mexico’s position of neutrality over the Russia-Ukraine conflict provokes backlash from Washington. 

Given how much is at stake, this financial revolution is among the most important questions today’s societies could possibly grapple with. It should be under discussion in every parliament of every land, and every dinner table in every country in the world.

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.