European central bankers held interest rates steady amid soaring energy shocks, while Iranian hardliners tighten their grip on the Strait of Hormuz and threaten global trade routes. Over in Todos Santos, however, the only blockade anyone cares about is the gringo RV parked across the dirt track to the fish taco stand. Expats sipped their Pacificos, confident that macro-economic collapse cannot touch anyone holding a temporary residency visa and an overpriced artisanal mezcal.