The sanctions could end up causing more pain to U.S. allies in Europe than Russia itself, which will probably use this opportunity to take another step closer to autarky. More
Mexico Tries and Fails to Get Michoacan’s “Green Gold” (Avocados) Back on the Market [Updated]
Is there more to this story than we are being told?More
Spain and UK Give a Masterclass on Why Both Vaccinated and Unvaccinated Should Fear Vaccine Passports
Even if you have complied with all of the public health requirements, human error or algorithmic bias can leave you stuck in limbo. More
Resource Nationalism on Rise in Latin America, As Fever for “White Gold,” aka Lithium, Grips the World
Countries in the region are taking greater control of the revenues generated by the minerals and hydrocarbons produced within their borders, in particular when it comes to lithium…More
Spain’s Second Largest Lender, BBVA, Escalates Its War on Cash in Mexico
Some banks will do just about anything to try to wean their customers off using physical money, including (in the case of BBVA) charging their customers for using cash too often. More
Bank of England Warns of Record Slump in Standard of Living, As It Hikes Interest Rates for Second Time in Two Months
The BoE’s decision to implement back-to-back rate hikes, for the first time since 2004, heaps yet more pressure on stretched household finances and struggling businesses…More
Almost Half of Spain Is Now Vaccine Passport-Free (At Least for Domestic Uses)
Catalonia becomes the third region in two weeks to drop the digital vaccine certificate. Four regions, including the Community of Madrid, never implemented it for domestic use… More
Financialization of Housing in Europe Is Intensifying, New Report Warns
Since the Global Financial Crisis residential property in European cities has become an attractive asset class for financial institutions, many in the U.S. The virus crisis has merely intensified this trend…More
Citi’s Hurried Exit From Mexico Just Hit a $5 Billion Snag
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
Nick Corbishley 