“There are no plans to introduce digital ID. Our position on physical ID cards remains unchanged.” More
Madrid Has Become a New Miami, Attracting Well-Heeled Latin Americans
Spain’s golden visa program has helped to attract thousands of affluent Latin American politicians and business owners to Madrid, but its days may be numbered, at least in its current form. More
Nigerian Central Bank’s “Drive to Entrench” a “Cashless Economy” is Creating a World of Pain for Nigerian Citizens
“Nigeria must go cashless. It is a global policy, checking insecurity and fighting corruption”: Central Bank of Nigeria Governor Godwin EmefieleMore
Is Switzerland About to Become First Country to Outlaw a Cashless Society?
As in neighboring Germany and Austria, cash is still king in Switzerland albeit a much diminished one. But the Swiss will soon have the chance to vote on whether to preserve notes and coins indefinitely. More
Shining a Light on Canada’s Much-Ignored Role in Peru’s Internal Conflict
“Canada’s influence on mining is felt in Latin America more than in any other region of the world.” And its second most important market is Peru.More
This Was Another Big Week for Central Bank Digital Currencies (CBDCs)
Another G-7 economy took a big step toward adopting a central bank digital currency (CBDC). At the same time, the first largish economy to have launched a CBDC, Nigeria, descends further into financial chaos.More
Brazilian President Lula da Silva Locks Horns with Brazil’s Richest Man, Jorge Paulo Lemann
In a rare turn up for the books, the head of state of Latin America’s largest economy just accused the country’s richest billionaire of engaging in blatant accounting fraud.More
Companies in UK are Hitting the Wall at Fastest Rate Since Global Financial Crisis
As the price of everything, including debt, continues to soar, life is getting harder and harder for the UK’s heavily indebted businesses. More
Is the Unstoppable Force of Mexico’s GMO Ban About to Meet the Unmovable Object of US Big Ag Lobbies?
Mexico is not only dangerously dependent on US growers for its most important staple crop; it is growing more and more dependent by the year. Mexico’s government wants to reverse this dynamic, but the US has other ideas.More
That Didn’t Take Long: Latin American Governments Refuse to Send Weapons, Russian or Otherwise, to Ukraine
Washington, Kiev and the EU have been furiously lobbying Latin American governments to provide weaponry to Ukraine, but LatAm governments still want no part in this war. More
Nick Corbishley 