Author Archives: Nick Corbishley

No Country for Old Men (or Women): Pensioners in Argentina Bear Brunt of Milei’s Hardcore Austerity

Cloaked in a flimsy veil of libertarianism, neoliberalism is not just alive and well in Argentina; it’s more virulent than ever.

Another Regime Change Operation Begins to Fizzle in Venezuela, As Opposition Leader Flees to Spain

Does this mean Venezuela is about to have another parallel government with a puppet leader in exile? In other words, a Guaidó 2.0? Probably not.

Nick Corbishley: Naked Capitalism – Uncomfortable Truths and Dissenting Views in an Age of Rising Censorship

Support Naked Capitalism generously so it can continue its reporting and analysis in an increasingly hostile information environment

First Sweden, Now Brazil: Digital Crime is Exploding in Two of the World’s Most Cashless Economies

“Criminal groups are migrating from physical to virtual crimes because it is a better, more lucrative and less risky business.”

China Urges US to Give Up Monroe Doctrine, As Washington Intensifies Its Meddling in Latin America

“China firmly supports the just position of Latin American countries on opposing foreign interference and safeguarding their nations’ sovereignty.”

Cash Stuffing Gains Ground: Gen Z Is Using Cash More Than Millennials in UK, New Survey Reveals

This is one generational trend I wasn’t expecting.

Three Amigos No More? US and Canada Warn of Dire Economic Consequences if Mexico Persists With Judicial Reforms

Mexico’s President AMLO responds by refusing to discuss the matter with US Ambassador Ken Salazar while giving the Mexican people a brief history lesson on US interference in Latin America.

US & NATO Allies Are Considering Taking Over State-Owned Argentine Arms Manufacturer to Bolster Munitions for Ukraine

Desperate Times, Desperate Measures

In His Last 40 Days in Office, Mexico’s President Lopéz Obrador Pushes Ahead With Plans to Ban Open Pit Mining

For over three decades, Mexico has been a veritable paradise for global mining conglomerates, serving up some of the laxest regulations in Latin America. That is now changing.

Western Media Finally Begin Warning About the Dark Side of Digital Identity… in China

The volume of critical coverage of China’s proposed digital ID system in Western media stands in stark contrast to the near-total absence of coverage, critical or otherwise, of digital ID systems being developed by Western governments.

Wave of ATM Bombings in “Cash-Addicted” Germany Prompts Calls for Fewer ATMs and Less Use of Cash

“We see ATM blasts all over the world, but the intensity that we experience in Germany is really in a league of its own.”

Why Did US Quietly Reverse Its Decision to Unilaterally Recognise Venezuela’s Opposition Candidate As President?

“Given the overwhelming evidence, it is clear to the United States… that Edmundo González Urrutia won the most votes in Venezuela’s July 28 presidential election.” But it was only clear for four days.

What Is the Milei Government Doing With Argentina’s Gold?

Argentina’s cash-strapped central bank has around two million troy ounces of gold in its vaults, valued at around $4.5 billion. Or at least it did.

Could Russia Become First G-20 Economy to Launch a Full-Fledged Central Bank Digital Currency?

Big moves are afoot on the digital ruble.

Groundhog Day in Venezuela

Nicolas Maduro “wins” presidential elections but the opposition, the US and US-aligned governments in the region refuse to accept results. Eyes are now on Brazil, Mexico and Colombia.