Chile's Lithium Public-Private Framework Is Producing Real Production, Not Just Headlines
The SQM-Codelco joint venture and the Maricunga tender process have moved beyond political theatre — actual incremental volumes are now ramping.
Latest from Sarah Chen
UK Defence Capex Is the Single Largest Public Investment in a Generation
The 2.5%-of-GDP commitment is now mechanical — and the multi-year capex schedule for shipyards, missiles and nuclear has crossed every prior post-war comparison.
The Saudi PIF Has Quietly Pivoted From Megaprojects to Operating Returns
Neom and the giga-projects are still on the slide deck, but PIF's actual deployments since 2024 have shifted decisively toward operating businesses with cash flow.
Argentina Has Stabilized — Milei's Macro Bet Worked, Even if Convertibility Did Not
Inflation has fallen, the peso has stabilized, and reserves have rebuilt — without dollarization or hard convertibility.
Israel's War-Economy Hangover Is Real — And the VC Re-engagement Says It's Ending
Foreign venture capital is returning to Israeli early-stage funding, ending a three-year drought driven by security risk and political tension.
Colombia's Petro Experiment Is Quietly Producing Worse Macro Than Markets Priced
Fiscal slippage, oil-sector underinvestment and a stalled tax base have produced a macro path the market underestimated.
South Africa's PGM Producers Are Pivoting From EV-Catalyst Anxiety to Hydrogen Catalyst Hope — and the Market Is Quietly Repricing
Platinum's demand story shifted from autocatalyst decline to genuine PEM electrolyzer scale-up. The repricing of South African PGM equities has only just started.
Greek Banks' Investment-Grade Restoration Marks the End of the Eurozone Periphery Crisis Trade
With Greek sovereign debt back at investment grade and the Big Four banks finally cleaned, the last leg of the periphery-crisis trade has closed.
The Philippine BPO Industry Faces an AI Displacement Curve Steeper Than Anyone Inside Manila Acknowledges
Conversational AI capability has crossed the threshold where mid-skill BPO work is automatable. Manila's industry is large, profitable — and exposed.
Brazil's Cerrado Carbon-Credit Market Is the First Real Test of Whether Agricultural Sequestration Can Scale
If Brazilian soy and cattle producers can monetize cover-crop and rotational-grazing sequestration credibly, the global voluntary market doubles in five years.
Russian LNG's Sanctions Workaround Through Pakistan Reveals the Persistent Porosity of Energy-Export Controls
Re-flagged cargoes routed via Karachi terminals demonstrate the limits of secondary sanctions on physical commodity flows.
Walmart's Healthcare Expansion Into Specialty Pharmacy and Diagnostics Is the Direct Counter to UnitedHealth's Optum
Owning specialty pharmacy plus retail diagnostics creates a vertically integrated consumer-healthcare platform that has not previously existed at retail scale.