“When Russia insults the high representative of the European Union, it is insulting all Europeans.”More
Brazil Mulls Phasing Out Physical Cash, As Central Bank Prepares to Launch CBDC
How did Brazil, a country that until recently was heavily dependent on cash, reach a point where its politicians are now considering eliminating it altogether? The most likely answer is a three letter word: Pix.More
Could New BRICS Member Argentina Become First Country to Receive a Full-Scale BRICS Bailout?
The country is once again in deep crisis mode, with decades high inflation, a crumbling currency and no foreign currency reserves. It is shackled to the IMF but now faces the possibility of being able to tap alternative sources of finance.More
The Moment of Truth Arrives for Mexico’s Anti-GM Corn Laws
This may be an important battle for Big Ag lobbies and biotech companies but it is an existential one for Mexico, for whom corn is the cornerstone not only of its cuisine and diet but also its culture.More
Better Late Than Never? Spain’s El País Sounds Alarm Over Consequences of Ukraine “Proxy War” for EU’s Future
After enthusiastically selling the war since its inception, the mainstream media in Europe may be beginning to change its tune.More
Argentina Just Took a Step Closer to Dollarising Its Economy, And Away from the BRICS
There is a lot riding on the outcome of the upcoming general elections, not just economically but geopolitically, and not just for Argentina but across Latin America and perhaps even the globe.More
Ecuador Descends Deeper Into Chaos Following Assassination of Presidential Candidate Fernando Villavicencio
Ecuador was already in a major crisis; now it is in an even bigger one.More
“Big Four” Banks in Both UK and Australia Escalate Their War of Attrition Against Cash
British banks are now making it harder for customers to even deposit cash in their own accounts, while three of Australia’s Big Four banks are eliminating cash services altogether from many of their branches. More
From Covert to Overt: UK Government and Businesses Seek to Unleash Facial Recognition Technologies Across Urban Landscape
The Home Office is encouraging police forces across the country to make use of live facial recognition technologies for routine law enforcement. Retailers are also embracing the technology to monitor their customers.More
The World’s Most Indebted Oil Company, Pemex, Is in Serious Trouble (Or So We Are Told)
At the beginning of July, the AMLO government’s biggest bet on energy self-sufficiency — the Dos Bocas refinery in Tabasco — began processing crude oil. But since then, things have not gone according to plan.More
Nick Corbishley 