Studded with prominent names from United States President Donald Trump on one side of the atlantic to germanys deutsche of bunk on the other it seems to have complied with rules to report suspicious transactions but took few steps to rein them in our topic Money Laundering all guards terrorists how corrupt are the banks. Welcome to to the point its a pleasure to introduce our guests Daniel Drucker is editor in chief of buzz feed news germany and he says the suspicious activity records give banks a free pass to keep moving dirty money then collect the fees. And its a pleasure to welcome our few carnatic to the program hes chief europe correspondent for politico and he believes this councils are just the latest indication that germanys Banking Sector is neither financially nor culturally sound. And great to have with us as well then to lena fun period oh she works for the british economist and she thinks justice do much of it was finally starting to recover the revelations related to its
Immense challenges secretarygeneral antonio who tests today called for more International Cooperation and multilateralism to curb coverage 19 and face environmental challenges because the pandemic event is taking place online with many latest delivering speeches by video. Huge wildfire northeast of los angeles threatening hunts for the fishes psychometry winds could help firefighters get it under control the bobcat 5 covers 427 kilometers thousands of residents been told to evacuate the blaze has been burning for more than 3 weeks. This is datable the news from perth then you can follow us on twitter and instagram at news or business our website the w dot com. There has never been a 3rd world war a fact which speaks to the success of the United Nations as it turns 75 this year with age that stability is showing signs of fragility multilateralism working together which doesnt seem to work anymore and the consequences are deadly the coronavirus pandemic has now claimed 1000000 lives ther
Studded with prominent names from United States President Donald Trump on one side of the atlantic to germanys deutsche of buck on the other it seems to have complied with rules to report suspicious transactions but took few steps to rein them in our topic Money Laundering all of arks terrorists how corrupt are the banks. Going to. Come up. Welcome to to the point its a pleasure to introduce our guests daniel director is editor in chief of buzz feed news germany and he says the suspicious activity records give banks a free pass to keep moving dirty money can collect the fees. And. A pleasure to welcome Matthew Carney chik to the program hes chief europe correspondent for politico and he believes these scandals are just the latest indication that germanys Banking Sector is neither financially nor culturally sound. And great to have with us as well then to lead a fun creative she works for the british economist and she thinks just as doing was finally starting to recover the revelations
Of the atlantic to germanys deutsche of bunk on the other it seems to have complied with rules to report suspicious transactions but took few steps to rein them in our topic Money Laundering all of arks terrorists how corrupt are the banks. To. Come up. Welcome to to the point its a pleasure to introduce our guests Daniel Drucker is editor in chief of buzz feed news germany and he says the suspicious activity records give banks a free pass to keep moving dirty money then collect the fees. And its a pleasure to welcome our few carnatic to the program hes chief europe correspondent for politico and he believes this councils are just the latest indication that. Germanys Banking Sector is neither financially nor culturally sound. And great to have with us as well then to lead a fun creative she works for the british economist and she thinks justice do it was finally starting to recover the revelations related to its involvement in Money Laundering in the finance and files are a huge setbac
A real you know baked in incentive to go after what you know happening in the 3rd world so lets talk about europes incentive because in fact the European Commission has had quite a bit to say on Money Laundering in the last few years claims to want to do a great deal more to crack down and yet the worlds tax havens including to some leading European Centers like the netherlands switzerland ireland lexan borg play a huge role in the machinery of the Money Laundering system so clearly this is an area where we need a true european approach also a global approach but how likely are we to get that at a time where in essence were seeing d. Globalization and a retreat from multilateralism well in europe its also worth remembering that John Klobuchar who was president of the European Commission was also the finance minister and Prime Minister of luxembourg for 20 years and oversaw many of these. Activities up until 2014 when he became the president of the European Commission and that didnt hal