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Nick Corbishley

Journalist covering global financial, economic, and political developments

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Mexico Escalates Its War on Obesity by Declaring National Ban on Junk Food Sales in Schools

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. More

As UK’s NHS Drowns in PFI Debt, Private Healthcare Providers Offer to Lend a Helping Hand (sarc)

“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.”More

Nicaragua Severs Ties With Tel Aviv While Germany Creates “Genocide Clause” to Justify Sending More Arms to Israel

The title of this post may, at first sight, seem a little baffling. After all, what does the smallish Central American state of Nicaragua have to do with Europe’s largest economy, Germany, especially with regard to Israel’s war crimes in Gaza? Well, as it turns out, quite a lot.More

Norway, One of World’s Most Cashless Economies, Just Made It a Lot Easier, Rather Than Harder, to Pay With Cash

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

Quelle Surprise: Vulture Funds Set Their Sights on the Argentine Gold Milei’s Government Just Shipped to Europe

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.More

On Third Day of Claudia Sheinbaum’s Presidency, Mexico’s Supreme Court Plunges Country into Constitutional Crisis

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

Washington Enters Panic Mode As Even Javier Milei’s Argentina Seeks Closer Economic Ties With Beijing

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

Quelle Surprise: Ecuador’s US-Born President, Daniel Noboa, Plans to Scrap Constitutional Ban on Foreign Military Bases

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

China and Mexico Seek to Deepen Cooperation As Bilateral Trade Surges to Record Levels

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

Are Europe’s Too-Big-To-Fail Banks About to Get Even Bigger?

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

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