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
Did Mexico’s AMLO Government Just Blink in Standoff With Global Energy Lobbies?
Washington finally makes its feelings known on Mexico’s dream of energy independence. More
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
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
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
Nick Corbishley 