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Nick Corbishley

Journalist covering global financial, economic, and political developments

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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

The Fallout from the Nigel Farage Debanking Scandal Continues to Spread

The share price of Coutts’ parent bank, semi-state owned Natwest, has slumped 8% over the past 10 days, wiping £1 billion off its market cap and generating juicy returns for short-selling hedge funds.More

No Joke: Ursula Von der Leyen’s EU Commission Just Received “World Prize for Peace and Freedom”

Few political figures have done more to keep Ukrainians fighting — and dying in huge numbers — in a bloody, futile proxy war of attrition than Von der Leyen.More

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