Mortgage applications spike to record, while 130,000 homeowners are on mortgage holidays, 500,000 on tailored payment plans, and over 1 million are in unmortgageable apartments due to the flammable cladding crisis.More
India Just Became Latest Country to Approve Use of Ivermectin to Treat Covid-19
There are now more than 20 countries on the planet that are using the off-patent anti-parasite drug against Covid-19. More
As Flammable-Cladding Crisis Crushes Prices at Low End of UK Housing Market, Bank of England Frets about Contagion, Banks
The BoE is assessing if contagion from this scandal could spread to the broader housing market and cause a new financial crisis.More
Mexico’s AMLO Locks Horns With Business Elite As Make-or-Break Elections Loom
Long-simmering tensions between government and business interests escalate in the run-up to the country’s biggest ever midterm elections.More
Producer Prices Surge. Germany, China, other Countries Are Now Exporting Inflation, Adding to US Inflation Pressures
Central banks still brush it off as just “temporary.”More
Europe’s Eminence Grise, BlackRock, Is Helping to Write Europe’s Sustainable Banking Rules. What Could Go Wrong?
Despite facing accusations of rampant greenwashing, BlackRock is once again in the driving seat of public policy in Europe. But its potential conflicts of interest are at least finally attracting a little attention. More
Unwelcome Inflation Heats Up in Mexico, Brazil, and as Always in Argentina
Brazil’s central bank struck back with shock-and-awe rate hike. Mexico’s central bank faces tough spot after big hit to economy. Argentina’s inflation exceeds 42%.More
7 Reasons Why a Vaccine Passport (Pass, Certificate or Whatever They Want to Call It) Should Give Us Pause for Thought
As the use of vaccine passports snowballs around the world, concerns about their potential reach and implications are growing.More
Mexico’s War on Obesity Sends Global Junk-Food & Sugary-Drink Giants Scrambling
The Pandemic strengthened the resolve to fight obesity.More
All Heck Breaks Loose amid Fears of Another Currency Crisis after Turkey’s Central Bank Governor Got Sacked Following Shock-and-Awe Rate Hike
The Lira plunges, stocks plunge, yields jump. Capital controls expected.More
Nick Corbishley 