Even Chilean President’s Machete Won’t Halt Venezuelan Influx

Bloomberg

Venezuelans are leaving the country in large numbers, as shown here in April 2018. These people were headed to Colombia. Bloomberg

Skift Take: From the Middle East and Europe to Myanmar and Chile, refugees under duress will flee to safety, paperwork or not. That’s what’s happening as Venezuela collapse and many of its citizens escape to Chile.

— Dennis Schaal

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EU to Crack Down on Passports-for-Sale Schemes

Dani Oliver  / Flickr.com

Tallinn, Estonia on August 9, 2016. Danske Bank A/S has said that about $230 billion that flowed through an Estonian unit may need to be treated as suspicious. The EU thinks passports in exchange for investments may harbor money laundering. Dani Oliver / Flickr.com

Skift Take: Money often can’t buy you love, but it can buy you visas and European passports. It’s wise that the EU wants to clean up the money-laundering cycle.

— Dennis Schaal

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