An eight-year court case in Mexico involving the New York lender remains unresolved. And it could take another two years to reach a settlement.More
Opposition Rises to NHS Vaccine Mandate, As Justifications for Mandate Run Out of Logic
With Omicron evading the current crop of vaccines with effortless ease and the UK Government withdrawing most other virus-control measures, there is no rational justification for vaccine mandates for healthcare staff. More
As Citi Prepares to Leave Mexico, the Hunt Is On for Its Assets
Big global lenders, including Spain’s Santander and Canada’s Scotiabank, are interested, but Mexico’s President Lopéz Obrador would prefer the country’s third largest bank to pass back into the hands of Mexican owners…More
Remittances Soar to Record High in Latin America, Providing a Lifeline for Desperate Economies
Remittances are a vital source of income and foreign currency for many countries but are no substitute for home-grown development…More
Mexico City Grapples With Acute Water Shortages, As “Day Zero” Approaches
Unless dramatic steps are taken, one of the world’s largest cities could face “Day Zero” — when supplies of water run so low that government must begin rationing the precious liquid — as early as 2028…More
Why Is the UK’s National Health Service Being Run by Former Bankers?
This forms part of a growing trend in which bankers and central bankers are taking up positions of influence within government beyond their traditional bailiwicks…More
As Debt, Inflation and Hunger Rises, Latin America’s Fate Lies Once Again in Wall Street’s Hands
We’ve seen this movie before and it rarely ends well…More
Inflation Continues to Soar in Latin America, Even As Central Banks Intensify Their Rate Hikes
After hiking interest rates seven times in eleven months, Brazil now faces the most dreaded of economic scenarios: stagflation…More
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
Nick Corbishley 