Courtesy of Foreign Policy, an article on China’s Latin American “gold rush”: A new gold rush is underway in Latin America—only this time around, the bounty is white. With its sprawling salt flats, the region is rich with a new ore—lithium—and everyone from Germany to China is clambering to get in on the race. White […]
Read more »Via HeatMap, commentary on whether Latin America can really build an OPEC for lithium: In a move that shocked Wall Street, Chilean President Gabriel Boric announced last week that his country will nationalize its lithium industry. “This is the best chance we have at transitioning to a sustainable and developed economy,” Boric said. “We can’t […]
Read more »Courtesy of RANE Worldview, a report on growing interest amongst countries to join BRICS: What Happened: South Africa’s ambassador to BRICS (the informal bloc of Brazil, Russia, India, China and South Africa) said 19 countries had expressed an interest in joining the bloc, which will meet in Cape Town on June 2-3 to discuss enlargement, […]
Read more »Via Mining.com, a look at ongoing discussions over the creation of a lithium OPEC: Argentina, Chile, Bolivia and Brazil are analyzing the creation of a lithium cartel of sorts in charge of expanding South America’s processing capacity, turning more of their mined lithium into batteries and tapping into the electric vehicles (EVs) manufacturing sector: The […]
Read more »Courtesy of Latinometrics, a surprising graphic on Argentina and Venezuela’s cheese production: The first cheese factory in the world opened its doors in Switzerland in 1815. However, the first concrete evidence of cheese-making comes from present-day Poland, making the food staple 7.5K+ years old and deeply ingrained in European culture. Needless to say, they’ve mastered the craft. In fact, […]
Read more »Courtesy of Visual Capitalist, a very interesting graphical look at inflation forecasts for 2023 – with Venezuela, Argentina, and Zimbabwe showing the highest estimates: Mapped: 2023 Inflation Forecasts by Country This was originally posted on Advisor Channel. Sign up to the free mailing list to get beautiful visualizations on financial markets that help advisors and their clients. Inflation […]
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