27 October 2009

Wall Street on the Tundra

The author explores the nature of Iceland and its financial crisis through the nation’s alpha male fisher attitudes, dangerous optimism, over-educated arrogance and… belief in elves. I laughed repeatedly.

26 August 2009

Nokia plans to launch mobile “banking”, “paypal”

“The “Nokia Money” service will make it possible “to send money to another person just by using the person’s mobile phone number, as well as to pay merchants for goods and services, pay their utility bills, or recharge their pre-paid SIM cards,” […] Nokia said it was building up a large network of Nokia Money agents where consumers can deposit money or withdraw cash from their mobile accounts. […] “In many countries, mobile phone ownership significantly exceeds bank account usage””

[via:FNB]

23 March 2009

UN crime chief Antonio Maria Costa says drug money flowed into banks

Interaction between drug traders and financial institutions has to my limited knowledge been hinted at by lots of people, sometimes with less “mainstream credibility”, for ages.

The original print edition of the article in Profil is described briefly here (machine translation). I’d really like to read the original piece.

Finnish readers might have noticed that this story was featured in today’s edition of Kauppalehti, a financial news outlet.

[via:Nelg]

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