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Dirty money, fraud and tax evasion hit Denmark

Bloomberg A series of major scandals in Denmark is testing its status as one of the world’s least corrupt nations, with Transparency International warning that its image may now be at risk. The Scandinavian nation known for its love of bikes, equality and welfare has more recently been associated with money laundering, tax evasion and embezzlement. The development should force ...

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Brexit risks cut Britain’s ad growth to slowest in 3 years

Bloomberg Growth in UK advertising budgets has slowed to its weakest in 2 1/2 years as Britain struggles to define its future relationship with the European Union. The proportion of companies increasing their ad spending exceeded those scaling it back by 2.5 percentage points in the third quarter of 2018, down from a 6.5 point margin in the second quarter, ...

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Italy’s economic growth is almost non-existent

Just when it seemed safe not to worry about the next financial crisis, up pops Italy. “In Italy, lavish plans may propel next crisis,” warned The New York Times. Or, “Italy’s budget rattles financial markets on debt crisis fears,” said Sky News. Exactly how a crisis might emerge isn’t clear. Would Italian interest rates soar, reflecting fears that the country ...

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