Nick Corbishley

IMF Just Flagged Another Multi-Trillion Dollar Threat to the Global Financial System: Open-End Funds

Open-end funds have grown significantly over the past two decades and now manage around $41 trillion in assets globally. And the risks they pose to the global economy are growing, says the IMF. More

Pressure Rises on Von Der Leyen as Pfizer CEO Backs Out of Testifying to EU Parliament Covid Panel

“After von der Leyen’s silence, Bourla had the opportunity to set the record straight in the European Parliament, but he preferred to slip away. Why all these secrets? What do they have to hide from European citizens?” More

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

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

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

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

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