After hiking interest rates seven times in eleven months, Brazil now faces the most dreaded of economic scenarios: stagflation…More
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Why An Open, Transparent, Informed Debate About Mandatory Vaccination Is All But Impossible in the EU
There is just too much murkiness for anyone, including MEPs, to reach anything like an informed decision. More
Is It Time for Eurozone Banks to Start Worrying About Turkey Again?
The ECB has already warned once about the potential impact a plummeting lira could have on Euro Area banks heavily exposed to Turkey’s economy.More
South East Asia’s Biggest Bank (By Assets) Just Suffered Its Biggest Outage in Over a Decade
As lenders increasingly nudge their customers toward online services, the frequency and scale of bank outages raises serious questions about the resilience and reliability of those services.More
Deliveroo Prepares to Quit Spain After New Law Gives Delivery Riders Rights
If other European capitals follow suit, turning a profit is going to become even harder for food delivery platforms.More
Austria Imposes Full Covid Lockdown and Plans Mandatory Vaccination Early Next Year
The situation is fluid, but one thing is clear: Austria’s imposition of lockdowns shows that after five months of the EU’s Green Pass, the Covid-19 virus is far from under control.More
Mexico’s World Bank-Funded Mandatory Biometric Database Raises Serious Ethical and Legal Questions
Mexico’s government wants the biometrics of all its citizens. Given the fragility of its institutions and organized crime’s infiltration of both government and law enforcement, this is a major cause for concern. More
Is HSBC Really the Right Bank to Spearhead New Global “Sustainable Finance” Rules?
The UK-based lender, with one of the longest rap sheets in the banking world, is one of a number of big banks leading efforts ostensibly aimed at greening global finance. More
Why Naked Capitalism Is Such a Precious Place for Writers
So what is so special about writing for Naked Capitalism? (Hint: since Naked Capitalism is special, please support this fundraiser at the Tip Jar).More
Nick Corbishley 