Author Archives: Nick Corbishley

Canada and Australia shelve plans for retail CBDCs while the US could soon become the first country to explicitly ban the central bank from issuing a CBDC.

“The time has come to show the United States that it is under threat from a country of 130 million inhabitants that is finally waking up.” Russia is trying to poison bilateral relations between the Mexico and the US by taking advantage of Mexico’s ruling party Morena’s innate anti-Americanism. That is the conclusion of an […]

Mexico is the leading consumer of soft drinks in the world with an average consumption of 163 litres per person per year — 40% more than the US in second place. Child and adult obesity are off the charts. 

“The scale of the expansion being considered would surpass moves made by the Blair government, which first introduced use of the private sector by the NHS.”

The title of this post may, at first sight, seem a little baffling. After all, what does the smallish one-party Central American state of Nicaragua have to do with Europe’s largest economy, Germany? Well, as it turns out, quite a lot.

Recent trends and developments in Northern Europe suggest the shift away from cash and toward purely digital payment systems may have reached its upper limits — at least for now.

Europe is hardly the safest place for financial assets these days, as Russia and Venezuela can attest. It may now be Argentina’s turn to have its assets frozen or even stripped. 

Some people, including three of the Supreme Court judges, are calling it an attempted “coup”. Unsurprisingly, Washington’s fingerprints are all over this

“China is a very interesting trading partner,” said Javier Milei, who just a year ago described the Chinese government as as “assassin.” They “do not make demands, the only thing they ask is that they not be bothered.”

During his first ten months in power, Noboa has done everything he can to place Ecuador even more firmly under Washington’s thumb. 

Amid rising diplomatic tensions with the US, Mexico’s diplomatic and economic relations with China appear to be going from strength to strength. 

As two big bank mergers, both hostile, one cross-border, hang in the balance, Draghi and the editorial boards of the FT and Bloomberg call for a fresh round of European bank consolidation. 

“People are increasingly looking for ways to digitize everyday items — with one of the top requests being a digital ID.”

Cloaked in a flimsy veil of libertarianism, neoliberalism is not just alive and well in Argentina; it’s more virulent than ever.

Does this mean Venezuela is about to have another parallel government with a puppet leader in exile? In other words, a Guaidó 2.0? Probably not.