North Korea’s remaining links to global banking networks via Swift have been severed, according to the Brussels-based international system that supports most of the world’s financial transactions. Experts say the loss of formal ties to the global financial system has only pushed North Korea to take its cross-border dealings underground. Source: FT
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The head of MI5 has said Britain is now facing the worst terror threat he has ever seen in his 34-year career. Andrew Parker, director general of the security service, gave a rare public speech, calling the threat “multi-dimensional, evolving rapidly and operating at a scale and pace we’ve not seen before”. Source Evening standard
Unemployment among native Swedes fell to 3.9 percent in August – the lowest level since August 2008 before the financial crisis, according to statistics by national job agency Arbetsförmedlingen. A total of 22 percent of people born outside of Sweden were registered as unemployed at the end of August. Source TheLocal
Russian President Vladimir Putin approved plans to launch the country’s own cryptocurrency, Russian Minister of Communications Nikolay Nikiforov said Sunday. Source: Daily Sabah