Tuesday, September 20, 2016

Breaking News - Wells Fargo creates a mess, so does Barroso, French Muslims reject secular laws - 20/9/16

In this frequent "Breaking News" section - with a wink and nod to the ever "important" breaking news  - I highlight articles, interviews and other publications from international and Dutch sources, that offer a context to the many breaking news items we all are bombarded with:

In deze regelmatige "Breaking News" post - met een knipoog naar de waan van de dag van "breaking" nieuwsberichten  - verwijs ik naar artikelen, interviews en andere berichten uit Nederlandse en internationale bronnen, die "breaking news" van context en kleur kunnen voorzien.

Europe:
"Juncker questions Barroso's decision to join Goldman Sachs" - The Guardian -
It's getting worse for Barroso, now being attacked by his own colleagues. See also Former EU President Barroso joins Goldman Sachs, Another Nail in the EU Coffin.

Economy:
"Misbehaving bankers - Accounts receivable" - The Economist -
The once poster-child for reliable banking, Wells Fargo, is now also implicated in fraudulent behavior. Another bank bites the dust.

"Wells Fargo’s wagonload of insincere regrets" - The Irish Times -
"One apology by Wells Fargo was for something huge. For years, its staff had been quietly setting up as many as 2m fake customer accounts and credit cards. Now they’ve been rumbled: the bank has been fined $185m and 5,300 people have been sacked."   I don't think this saga will end with this apology.

Islam:
"Just under 30 percent of French Muslims reject secular laws: poll" - Reuters -
"Just under 30 percent of France's 3 to 4 million Muslims reject the country's secular laws, according to an Ifop poll published by the French weekly Journal du Dimanche. When asked if they considered the Islamic legal and moral code of sharia to be more important than the French Republic's laws, 29 percent of respondents answered "yes." Not sure why Reuters starts this article with "just": for those who didn't know that France has a big problem, now they know.

Bookreview:
"Hand on Heart" - The Economist -
a book review of Strangers in Their Own Land: Anger and Mourning on the American Right by Arlie Russell Hochschild. "This book is an astute study of America’s “culture war” drawn from the perspective of the white conservatives who feel they are losing it."  Fascinating reading in order to understand why Trump is gaining so much traction.






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