As Argentina grapples with an unpayable debt load, triple-digit inflation, severe drought and rising economic hardship, the idea of abolishing the crumbling peso and adopting the US dollar gains ground. More
EU Adopts “Pragmatic Approach” To Sharing Its Citizens’ Most Precious Data With US Department of Homeland Security
“The EU’s own top court has ruled on multiple occasions that the USA does not offer adequate privacy protections for non-citizens, yet the Commission and the member states are planning to open up their biometric databases to the [DHS].”More
US Corn Industry Faces Tough Times In Its Two Largest Export Markets, China and Mexico
After Russia’s invasion of Ukraine, China has sought new suppliers, including fellow BRICS members Brazil and South Africa, to reduce its dependence on US producers, while Mexico is determined to push through with its partial ban on GM corn.More
One of the Few South American Governments Still Closely Aligned With Washington Just Signed a Trade Agreement With China
China continues to pull off big commercial and diplomatic coups in the US’ direct neighbourhood — this time with Ecuador, whose government is so closely aligned with the US that it recently asked Washington to directly intervene in its drug wars.More
EU Commission’s Flagship Annual Economic Event Just Showed How Little Public Appetite There Is for Cashless Economy
Even at the very heart of the EU’s political establishment, a majority of people believe that a cashless society would not be beneficial for the general public or the economy.More
UN Development Program Believes Ukraine’s Digital ID and Governance Platform Is Ready to “Go International”
Ukraine is “building the most convenient digital state in the world — without corruption, without bureaucracy, absolutely paperless, and open for everyone.” And the UNDP, like USAID, is fully on board.More
Chinese Companies Are Taking Advantage of United States’ Nearshoring Strategy By Setting up Shop in Mexico
Although China accounts for only a small fraction of Mexico’s total Foreign Direct Investment, it has significantly expanded its portfolio in recent years.More
After Four Years of Hugely Costly Tragicomic Farce, the Jig Is Surely Up for Juan Guaidó
After pulling off one last stunt, resulting in his expulsion from Colombia, Gauidó has not only outlived his political usefulness but has become a source of embarrassment to his erstwhile handlers (primarily the US).More
Is Zelensky’s International Charm Offensive, Backed Up With US Bullying, Finally Paying Dividends in Latin America?
Mexico’s Chamber of Deputies “hosted” a video conference with Zelensky last week, becoming only the second legislative chamber in Latin American to do so since the war began. But the event turned out to be a lot less than met the eye.More
What Does Biden’s Pick for Next World Bank President Augur for the Global War on Cash?
Ajay Banga, in his former senior executive roles at Mastercard, waged a decade-long “war on cash.” Under his tenure, the company did more than just about any other to demonise the role of physical money around the world. Almost exactly two months ago, on February 23, the Biden administration unveiled its nomination for the next…More