Nick Corbishley

A Political Earthquake Just Took Place in Latin America

Colombia’s presidential elections this past weekend were historical on a number of levels, not least because they portend a shift in relations with its long-term hegemon, the US.More

View post to subscribe to site newsletter.

Mexico to Take Legal Action Against US Construction Materials Giant, Vulcan, for Environmental Damage

The Mexican government’s moves against Vulcan has drawn accusations of “anti-business attitude[s] and rhetoric” from both sides of the US Senate. More

View post to subscribe to site newsletter.

After Decades of God-like Omnipotence, Central Bankers Are Finally Falling Back Down to Earth

For the first time in a very long time, central bankers are coming under friendly fire as they lose control over some of the economic forces they themselves have helped to generate.More

View post to subscribe to site newsletter.

Spain Faces Energy Blowback, As Its Largest Natural Gas Provider, Algeria, Breaks Commercial Ties

“Seldom in the history of Spanish diplomacy… has a foreign policy initiative had such disastrous results,” as Spain loses its grip on diplomatic relations with Algeria at the worst possible moment.More

View post to subscribe to site newsletter.

Recent Payment Outage in Germany Underscores One of the Dangers of a Cashless Economy: System Fragility

As recent payment outages in Germany (and elsewhere) have shown, even strong proponents of a cashless economy have an interest in safeguarding the future of cash, if only for the sake of financial stability. More

View post to subscribe to site newsletter.

Blame Game Begins As Chaos Reigns At Airports in UK (and Other Parts of Europe)

Neither airports nor airlines in the UK have restored enough capacity into their operations to handle the predictable surge in passenger numbers as the skies reopen.More

View post to subscribe to site newsletter.

Europe Braces for Stagflation After EU Bans, At Least Officially, Two-Thirds of Russian Oil

The EU’s latest hare-brained gambit is likely to put further downward pressure on economic activity while exerting further upward pressure on inflation, making stagflation all but inevitable.More

View post to subscribe to site newsletter.

How to Lose Influence and Alienate Neighbors in Latin America, the US Way

“If the US assumes that it has staunch allies [in Latin America], it is making a big mistake.”More

View post to subscribe to site newsletter.

Costa Rica, A Country Without an Army, Is At War With (Mainly) Russian Hackers

The Russia-based hacker group Conti’s cyberattack on Costa Rica continues to metastasize, spreading to 27 government institutions.More

View post to subscribe to site newsletter.

Mastercard Pushes Biometrics Even Harder on Consumers in Increasingly Cashless UK

The roll-out of biometric-authenticated payments is merely the latest example of the accelerating encroachment of biometrics into everyday life. But a global push back is gathering.More

View post to subscribe to site newsletter.