“An upside surprise to inflation is among the greatest risks”; we’d need “to tighten policy even more rapidly or on a more significant scale, or possibly both, in a way that would take the legs out of the recovery.”More
How my Friend’s Small Hostel in Barcelona Survived
“It’s impossible to know how many of these shuttered hotels and hostel will reopen.”More
“I Don’t Know of a Bigger Story in the World” Right Now Than Ivermectin: NY Times Best-Selling Author
So why are journalists not covering it?More
More Bad Omens for Business Travel, As WEF Axes Tropical Davos and Mobile World Congress Suffers Wave of Cancellations
The cancellation of the World Economic Forum’s Singapore meeting and the gathering exodus of participants from the World Mobile Congress in Barcelona do not bode well for the near-term future of business travel.More
Spiking Inflation, Rate Hikes, and Debt Defaults in Latin America
Mexico and Brazil, having seen the economic destruction that high inflation can wreak, don’t want to see it again.More
Bayer-Monsanto Fails (At First Attempt) to Block Mexico’s Phaseout of Glyphosate and Ban on GMO Corn
Mexico has already gone mano a mano with Monsanto before, and it came out on top. But this time it’s on a direct collision course with Big Ag and the U.S. government.More
How the BoE & UK Government Stoke the Housing Fire
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
Nick Corbishley 