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
Mining Corporations Are Up in Arms Over Mexican Government’s Potentially Game-Changing Mining Reform Proposals
Mexico’s government already faces the threat of international dispute settlements over its energy reforms and proposed ban of GM corn. It now wants to radically change the rules of the game for its huge mining sector.More
German Vaccine Maker BioNtech Faces Series of Lawsuits for Alleged COVID-19 Vaccine Harms
The experimental mRNA COVID-19 vaccines that were developed and launched to market in record time, generating record profits for their manufacturers as well as injuries for untold thousands, will be put to the test before the German courts.More
Austria’s Third Largest Lender, Raiffeisen Bank International (RBI), Is Trapped In Russia, Its Most Lucrative Market
Raiffeisen Bank International (RBI) is one of the few large European banks that continues to conduct business more or less as usual in Russia. But as the profits from its Russian operations surge, the associated risks and costs are also rising.More
As US and Canada Threaten to Sue Mexico Over Energy Policies, Mexico “Nationalises” Sizable Chunk of Electrical Grid
After years of confrontation and souring relations with Spanish energy giant Iberdrola, Mexico’s AMLO government has just agreed to purchase 80% of the company’s Mexican operations.More
First Russian Shipment of (Allegedly) Diesel Docks in Mexico Since G7 Plus-Imposed Price Cap, Stoking Controversy and Confusion
The ultimate irony: if the ship was indeed carrying Russian diesel, it was probably able to skirt the price cap rules due to a cheeky little manoeuvre in Spain. More
Shining a Light on the UK Government’s Disingenuous Role in Trying to Kill Cash
It should perhaps come as little surprise that when it comes to protecting the right to pay in cash, the UK government prioritises freedom of choice for businesses (to reject cash) over freedom of choice for citizens (to use it).More
Nick Corbishley 