Author Archives: Nick Corbishley

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.

“Criminal groups are migrating from physical to virtual crimes because it is a better, more lucrative and less risky business.” 

“China firmly supports the just position of Latin American countries on opposing foreign interference and safeguarding their nations’ sovereignty.”

This is one generational trend I wasn’t expecting. 

Mexico’s President AMLO responds by refusing to discuss the matter with US Ambassador Ken Salazar while giving the Mexican people a brief history lesson on US interference in Latin America.