Once touted by its creator as the “Mercedes Benz” of pensions, Chile’s defined contribution scheme is suffering major outflows. More
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
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
UK’s National Health Service Still Playing Fast and Loose With Patients’ Health Data
This time it’s patients’ biometrics — their most sensitive data of all — that appear to be at risk.More
HSBC Bet the Bank on China, Now It’s Paying the Price
The UK’s biggest bank is exposed to Evergrande and the Chinese real estate market. It’s also trapped in the middle of an escalating economic war between the world’s two superpowers. More
Mexico’s AMLO Just Made Washington and Ottawa an Offer They’ll Probably Refuse
AMLO’s proposal: to build an alliance of states within Latin American and the Caribbean, and then pursue economic integration with the United States and Canada. More
Spanish Government Infuriates Energy Giants By Making Them Pay for Soaring Electricity Prices
In retaliation, the energy companies have even threatened to shut down nuclear plants, which would decimate Spain’s energy supplies. More
Is the UK’s Cladding Crisis About to Get Even Worse?
As the UK government prepares to pass its Fire Safety Act, concerns are growing that it could leave even more apartment owners in limbo.More
After a Long, Hard Summer, Southern Europe’s Long Awaited Tourism Recovery Remains Largely Elusive
Global travel is still far from returning to anything like the conditions that existed prior to the pandemic — at least for non-essential travellers.More
Nick Corbishley 