Switzerland unveils money laundering clampdown
Alternative headline: Switzerland Unveils Swiss Banking Clampdown Switzerland unveils money laundering clampdown – https://on.ft.com/3qY2qFO via @FT
China sends finance experts to tackle regions’ debts
China sends finance experts to tackle regions’ debts – https://on.ft.com/47sWZPA via @FT
Santander protects customers from mortgage hike after Bank of England’s rate rise
https://www.thisismoney.co.uk/money/article-12375177/Santander-protects-customers-mortgage-hike-Bank-Englands-rate-rise.html
Potential Coup on Russia
https://www.linkedin.com/posts/rod-dubitsky-0aa94118_ed-krassenstein-on-twitter-activity-7078312424646303744-pb6J?utm_source=share&utm_medium=member_android
Why Goldman’s Marcus project failed and what it means for CEO Solomon
Bottom line: consumer banking is a tough f#&*ing business. Most likely Goldman customer base ended up being rate shoppers – like me. https://www.cnbc.com/2023/02/27/why-goldmans-marcus-project-failed-and-what-it-means-for-ceo-solomon.html
How London became the dirty money capital of the world | FT Film
Great doc from the Financial Times. “Russian oligarchs and companies have been investing in London for two decades, encouraged by British politicians of all stripes, but critics say the ‘London laundromat’ cleans dirty money from Russia and across the globe. The FT examines why it took Russia’s invasion of Ukraine to put the issue in …
Russia can only afford its war in Ukraine because Britain helped raise the cash
https://www.theguardian.com/commentisfree/2022/apr/08/britain-war-in-ukraine-britain-putin-regime?CMP=Share_AndroidApp_Other
NYTimes: Local Officials in China Hid Coronavirus Dangers From Beijing, U.S. Agencies Find
US intelligence concensus adds more nuance of China’s role in the Covid19 outbreak. Far from being a top down Beijing controlled conspiracy of silence, it was in fact local officials shielding information from Beijing Local Officials in China Hid Coronavirus Dangers From Beijing, U.S. Agencies Find https://nyti.ms/2EbxVnr
School closures force parents to choose between family and work
Article neatly highlights the double poverty burden of Covid rules – poor working women who don’t can’t afford to hire childcare providers and children who disproportionately suffer from home schooling. The evidence shows that opening schools presenta relatively low risk. But when the voiceless disproportionately suffer who will listen? Boris Johnson telling the employer to …
Number of missing vulnerable children soars as safeguarding is cut during pandemic
Number of missing vulnerable children soars as safeguarding is cut during pandemic One of the many adverse consequences of lockdown. https://www.theguardian.com/society/2020/jun/06/alarming-rise-in-cases-of-missing-children-following-safeguarding-cuts?CMP=Share_AndroidApp_WordPress