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Nick Corbishley

Journalist covering global financial, economic, and political developments

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European Systemic Risk Board Issues First Ever “General Warning” about “Financial Stability Risks”

The European Systemic Risk Board is essentially an offshoot of the European Central Bank. And central banks are normally the last to admit that a crisis is around the corner, if not already here.More

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Fast-Shrinking TBTF Giant Credit Suisse is Living Dangerously

Time, money and options are fast running out for Switzerland’s second largest lender, Credit Suisse.More

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The US-Led War on Drugs, Now in Its 51st Year, Just Hit a Major Snag in Colombia

After a million deaths in Latin America, Washington’s staunchest ally in the region, Colombia, just called time on the US’ “irrational war against drugs”.More

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Digital Dollar and Digital Euro Just Took a Big Step Closer to Becoming a Reality

As the US government begins setting up the regulatory guardrails for a digital dollar, the EU forms a consortium, including Amazon and large EU banks, to develop a prototype for a digital euro.More

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EU Hipocrisy Hits Dizzying New Heights as Commission’s Scandal-Tarnished President Pledges to Wage Global Fight on Corruption

Given EC President Ursula von der Leyen’s apparent allergy to basic transparency, she is the last person in Brussels to be leading the EU’s roll out of so-called “corruption sanctions”. More

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Political Violence is on the Rise Again in South America

Political violence is back with a vengeance in South America, as death threats abound, coups d’états are foretold and assassination attempts are carried out.More

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Big Banks in Australia and Canada are Leading the Way on Digital Identity

Canadian and Australian lenders will be the perfect guardians of people’s digital identity, thanks to their high levels of public trust. At least so say the banks.More

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7 Reasons Why Naked Capitalism Deserves Your Money

I, like you, owe this wonderful website a big debt of gratitude.More

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The Race for Lithium is Heating Up in Latin America

As the US remains “grossly unprepared” to meet the exponential increase in demand for lithium, it stakes a claim to Argentina’s massive deposits of “white gold.” All for Argentina’s benefit, of course. More

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China Just Gave a Foretaste of One of the Biggest Dangers of Biometric Surveillance Systems

Like just about anything on the Internet, biometric surveillance systems are eminently hackable as well as prone to human error.More

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