Nick Corbishley

Big Banks in Emerging Economies Are Suffering Crippling Cyber Attacks

Risks are also on the rise in advanced economies, as the Reserve Bank of Australia recently warned. More

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Mexico’s AMLO Blasts IMF for Causing Global Crisis, After Fund Takes Aim At His Energy Policy

The IMF caused social and economic decadence in the world; they and other international financial organisations are responsible for the global crisis.”More

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Italy’s Latest Rescue of Perennially Troubled Monte Dei Paschi Hits the Rocks

Even former ECB Chairman Mario Draghi, now in his new role as Italy’s prime minister, can’t convince other Italian banks to take on the world’s oldest lender. More

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UK Goes Full-On Big Brother, Employs Facial Recognition Technology to Expedite School Lunch Queues

The UK government’s love affair with tech-enabled surveillance knows no bounds.More

Things Are Getting Messy In Draghi’s Italy

Sixteen percent of the country’s officially employed workforce just lost their jobs (temporarily for the moment). And as one would expect, they’re not happy. More

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Bayer Loses Plot As Mexican Government Enforces Ban on GMO Imports

Bayer branded Mexico’s behaviour as “unscientific”, a popular term of insult these days.More

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Chicago Boys’ 100% Private Pension System in Chile Is in Big Trouble

Once touted by its creator as the “Mercedes Benz” of pensions, Chile’s defined contribution scheme is suffering major outflows. More

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UK Nurses Threaten to Strike After Government Offers Measly Below-Inflation Pay Rise

With vax mandates looming and industrial action on the table, the UK’s overstretched National Health Service could be in for a winter of even more discontent.More

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Inflation Is Back With a Vengeance in Latin America

After last year’s economic carnage, the spectre of runaway inflation is the last thing the region needs. More

Banks Around World Are Suffering Big Outages, Leaving Millions of Customers in Lurch At Worst Possible Time

Twenty banks (some suffering repeated outages), six countries (one in lockdown), five continents, tens of millions of unhappy customers.More

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