Corruption
Reuters: EU plan on bank money laundering pushes back action to next year
Once again the EU political elite demostrates its fealty to banks and corporations and protects their criminal activities. Read here
Reuters
EU politics
Reuters: EU watchdog raps Juncker over aide’s move to top job
First, this is what the Germans wanted and as they dictate policy at the EU, that is what they get. Second, of course there is criticism, but no consequences. And the EU political elite wonders […]
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
Climate Crisis
Reuters: French environment minister quits, citing lack of policy progress
Another green activist who allowed his vanity to override political judgement and support conservative, neo-liberal policy. It is a pity, because they discredit themselves. People increasingly want credibility and integrity from public figures. Political stars […]
EU politics
Reuters: Italy passes law targeting temporary work, firms moving abroad
It will be interesting how far the 5-Star Movement fulfils its promises and how Italian companies react, should that be the case. Read here
EU politics
Reuters: Spain’s Basques form 202-km human chain to call for independence vote
It appears democracy is catching up with the Spanish central government in Madrid. First in Catalonia now in the Basque conuntry. Read here
EU politics
Reuters: ECB mulls shelving rules tackling euro zone’s bad loans pile
With regard to austerity for the people, the EU wields an iron fist. When it comes to banks it will bend over backward to be obliging and generous. Read here
EU politics
Reuters: Spain defies resolution of the UN Human Rights Committee again blocking Catalan election of government
As expected, Spain defied this resolution of the UN Human Rights Committee. The investigating judge at the Supreme Court on yesterday rejected the request of Jordi Sanchez to stand for election as president of the […]
Finance
Reuters – Denmark: Danske Bank executive exits over Estonian money-laundering controls
Who said the hygge and money-laundering are incompatible. It took five years after a whistle-blower informed the Danske Bank of massive money-laundering for something to happen. Maybe less candles and more integrity is called for […]
EU politics
Reuters: Swiss bank whistleblower arrested in Spain
Suddenly Europe is seeing a radical increase in political prisoners. Falciani is supposed to be extradited to Switzerland in exchange for the Catalan Marta Rovira. It will be interesting to see what Germany receives for […]