Paradoxically, this is likely to create more, not less, illegal immigration to the US. More
The Curious Case of the Hostile Takeover Bid by a Bank Facing Criminal Charges
Despite facing prosecution on a number of charges, including widespread corporate espionage, Spain’s BBVA still wants to take over its third biggest rival. The ECB has already given its blessing. More
Mexico’s Exports to US Just Surged to a New Record High Despite, or Largely Because of, Trump’s Tariffs
The world’s largest bilateral trade relationship continues to grow, but it’s a trend that is unlikely to last.More
Despite Last Week’s Nationwide Blackout, Spanish Government Takes Criminalisation of Cash to Whole New Level
Taking money out of the bank becomes a Kafkaesque nightmare. Anyone looking to withdraw more than $3,000 of their own money must notify the State in advance as well as explain the reason(s) why, or face fines. More
Washington Is Once Again Weaponising the IMF to Try to Reclaim Its “Back Yard”
Through its selective lending to struggling economies in Latin America, the IMF is helping Washington, once again, to reassert its strategic influence.More
Suddenly Everything Stopped: Nationwide Blackouts in Spain and Portugal Underscore Extreme Fragility of Our Modern Systems
As the system comes back online and attention turns to the possible cause(s) of one of Western Europe’s largest peacetime blackouts, one thing is clear: without cash, the chaos would have been far worse. More
One of UK’s Largest (and Oldest) High Street Retailers Suffers Week of Chaos After “Cyber Incident”
“Back to Normal”… Erm, Not Quite.More
China Sends Strong Message to “Global South” (and US) Via Its Embassy in Argentina
“[W]e urge the US side to detoxify its mind. Instead of devoting its time and energy to… attacking China, it would be much more productive to make real contributions to the development of the countries of the region.”More
As Appetite for War and Repression Rise in the New Western (Dis-)Order, Palantir Is Making a Killing
Silicon Valley’s darkest and most secretive unicorn “has finally made it big”. But at what cost to the rest of us?More
Your Face, Your Passport: The Hi-Tech, Dystopian Future of International Travel
“E-gates of this type open the possibility of harvesting the travel data and biometrics of the population across our lifetimes.”More
Nick Corbishley 