€100bn laundered in Germany every year – report — RT Business

English: Russia Today logo

English: Russia Today logo (Photo credit: Wikipedia)

This is an alarming report published by RT Business. It reports that money laundering in Germany exceeds €100 billion annually, citing a report from the country’s Finance Ministry. This is double the amount initially assumed and goes largely undetected by the authorities.

Source: €100bn laundered in Germany every year – report — RT Business

The implications here are quite far ranging. There’s a touch of double standards here. Germany has been quick with austerity and preaching to Southern Europe about fiscal matters but there are large holes in the Germany economy too.

If Germany was able to tax the €100bn black economy, this would impact the welfare of the whole of Europe.

Thoughts?

Defamation? Germany launches criminal probe into satirical poem about Erdogan — RT News

English: Turkish Prime Minister Recep Tayyip E...

English: Turkish Prime Minister Recep Tayyip Erdogan at the Third Global Forum of the UN Alliance of Civilizations in Rio de Janeiro, Brazil. (Photo credit: Wikipedia)

This is an amazing story published by Russia’s leading news agency RT. It reports that a German prosecutor’s office has confirmed that it is investigating if TV comedian Jan Böhmermann violated the law by reciting a “defamatory poem” about Turkish President Erdogan, while Chancellor Angela Merkel called the piece “deliberately insulting.”

Source: Defamation? Germany launches criminal probe into satirical poem about Erdogan — RT News

‘Deliberately insulting’ is a weasel expression. Satire is part of Western culture and a part of a free society.

Two open questions readily come to mind:

  1. Whilst one must respect the laws of Germany, I wonder if there was political pressure to start the criminal probe?
  2. Surely, it’s no coincidence that Erdogan has Merkel over a barrel with regard to refugees.

Thoughts?