Author Archives: Nick Corbishley

As two big bank mergers, both hostile, one cross-border, hang in the balance, Draghi and the editorial boards of the FT and Bloomberg call for a fresh round of European bank consolidation. 

“People are increasingly looking for ways to digitize everyday items — with one of the top requests being a digital ID.”

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

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.

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

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

This is one generational trend I wasn’t expecting. 

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.

Desperate Times, Desperate Measures

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.

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.

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

“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. 

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.