The card that is “created by Apple, not a bank” is actually issued by – a bank.
Finance
Reuters: Swiss watchdog to propose looser anti-money laundering rules for fintechs
Having lost much business due to new banking rules with regard to illicit money, Switzerland is looking for ways to regain lost business by dreating new legal loopholes. Read here
Economics
Common Space: John McDonnell’s Ownership Fund, The Meidner Plan and the gradual transition to socialism
This is an interesting piece, especially providing a good insight in the Meidner Plan (if you do not know it, it alone is worth the read) and the Swedish economy . Read here
EU politics
Politico – Germany may hold election sooner than planned, Scholz says
Germany’s Chancellor has lost all authority. He could be gone by Christmas. Read the article HERE.
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