Property Buyers in China Protest As Bank Embezzles Money
Posted 15/10/2021 | No Comment
By Gu Xiaohua October 14, 2021 Updated: October 14, 2021 Security personnel stand in front of China's Banking Regulatory Commission in Beijing, China, on Aug. 6, 2018, after Chinese police aggressively quashed a planned protest against losses sustained by peer-to-peer (P2P) lending platforms. (GREG BAKER/AFP via Getty Images) A Chinese bank had embezzled the supervisory funds belonging to the ...
As Evergrande Default Looms, What Legal Options Do Offshore Creditors Have?
Posted 15/10/2021 | No Comment
By Reuters October 14, 2021 Updated: October 14, 2021 A traffic light is seen near the headquarters of China Evergrande Group in Shenzhen, Guangdong province, China on Sept. 26, 2021. (Aly Song/Reuters File Photo) LONDON/HONG KONG—With China Evergrande Group’s default deadline drawing closer, offshore bond investors in the property developer are pondering their legal options to safeguard their investments. ...
Central Banks Likely to Make Policy Errors: Deutsche Bank Survey
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By Tom Ozimek October 12, 2021 Updated: October 12, 2021 Federal Reserve Chair Jerome Powell testifies during a U.S. House Oversight and Reform Select Subcommittee hearing on the CCP virus crisis, on Capitol Hill in Washington on June 22, 2021. (Graeme Jennings/Pool via Reuters/File Photo) The Federal Reserve and the European Central Bank are likely to keep policy settings ...
Americans quit their jobs at a record pace in August
Posted 15/10/2021 | No Comment
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By CHRISTOPHER RUGABERPublished: Oct. 12, 2021 at 10:06 PM UTC|Updated: Oct. 12, 2021 at 11:25 PM UTC A disappointing September jobs report leaves uncertainty around key elements of economic recovery. The Labor Department said that quits jumped to 4.3 million in August, the highest on records dating back to December 2000, and up from 4 million in July. (Source: ...
Czech voters oust communists from parliament for first time since 1948
Posted 14/10/2021 | No Comment
October 10, 20212:39 AM +07Last Updated a day ago By Michael Kahn and Robert Muller People cast their ballots during the parliamentary elections in Lovosice, Czech Republic, October 8, 2021. REUTERS/Bernadett Szabo PRAGUE, Oct 9 (Reuters) - Czech voters evicted the communists from parliament on Saturday for the first time since the end of World War Two, voting out ...
Secretary Yellen is turning down calls from the scandal-plagued head of the IMF
Posted 14/10/2021 | No Comment
By Saleha Mohsin, Eric Martin, and Bloomberg September 28, 2021 12:31 PM GMT+7 Treasury Secretary Janet Yellen has declined to return calls from the beleaguered head of the International Monetary Fund, Kristalina Georgieva, since a scandal broke, indicating that the Biden administration’s withholding of support for her goes beyond its public statements. Since Georgieva was accused earlier this month of improperly intervening ...
IMF boss Georgieva risks losing her job over China bias claims. Here’s what you need to know
Posted 14/10/2021 | No Comment
Published Mon, Oct 11 20218:32 AM EDTUpdated Tue, Oct 12 20211:16 AM EDTSilvia AmaroKey PointsA report published in September said that during her time at the World Bank, “Georgieva became directly involved in efforts to improve China’s ranking [in the Doing Business Report].”In a statement on Sept. 16, Georgieva said, “I disagree fundamentally with the findings and interpretations [of ...
Media Attempt to Downplay Alarming New Inflation Report
Posted 14/10/2021 | No Comment
Despite media spin, price inflation is still very much a problem. Tuesday, September 14, 2021 Brad Polumbo It’s no secret that the mainstream media has a left-leaning bias. So it’s not exactly surprising that when alarming new inflation data were released on Tuesday, many journalists and media outlets attempted to downplay the story. After all, rising concerns about inflation ...
Inflation Hits 30-Year High According to This Key Metric
Posted 14/10/2021 | No Comment
It's the biggest annual surge recorded since January 1991—roughly three decades ago. Friday, October 1, 2021Brad Polumbo Left-leaning media coverage has in recent weeks pushed the narrative that inflation is fading. But shocking new inflation numbers released today blow that media spin to smithereens. The federal government just released the latest Personal Consumption Expenditures index (PCE), which is ...
Trump: China Wouldn't Threaten Taiwan Under My Administration
Posted 14/10/2021 | No Comment
By Charlie McCarthy | Monday, 11 October 2021 12:31 PM Former President Donald Trump said China would not be threatening Taiwan if he were still in the White House. Before stepping to the podium at Saturday night’s rally in Iowa, Trump was asked by Newsmax’s John Bachman about Chinese President Xi Jinping’s vow to achieve "reunification" with Taiwan. "I ...
International Partners Collaborate to End Illegal, Unreported and Unregulated Fishing
Posted 14/10/2021 | No Comment
Posted on September 10, 2021 by Edward Lundquist, Special Correspondent Crew members from the Coast Guard Cutter Munro (WMSL 755) prepare to conduct a law enforcement boarding from the cutter’s 35-foot Cutter Boat in the Central Pacific, Dec. 2, 2018. The cutter was conducting its first operational patrol and was enforcing conservation and management measures established by the ...
Statement regarding USS Connecticut (SSN 22)
Posted 14/10/2021 | No Comment
07 October 2021 Pearl Harbor, Hawaii - USS Connecticut (SSN 22) struck an object while submerged on the afternoon of Oct. 2, while operating in international waters in the Indo-Pacific region. There are no life threatening injuries. FILE PHOTO - BREMERTON, Wash. (Dec. 15, 2016) The Seawolf-class fast-attack submarine USS Connecticut (SSN 22) departs Puget Sound Naval Shipyard ...
Rubio to POTUS: What Were You Referring to When You Said the “Taiwan Agreement?”
Posted 14/10/2021 | No Comment
Oct 07 2021 Washington, D.C. — U.S. Senator Marco Rubio (R-FL) sent a letter to President Joe Biden following his remarks to the press that he received a commitment from Chinese Communist Party General Secretary Xi Jinping that ...
Leaked Border Patrol docs show mass release of illegal immigrants into US by Biden administration
Posted 14/10/2021 | No Comment
The Biden administration is releasing enormous numbers of migrants into the U.S., often with little to no oversight By Bill Melugin , Adam Shaw | Fox News Fox News national correspondent Bill Melugin reports on leaked document revealing over 135K migrants were released into the U.S. since August 6th. EXCLUSIVE: At least 160,000 illegal immigrants have been released into ...
Chinese food-delivery giant Meituan’s $530 million fine is a relief for investors
Posted 14/10/2021 | No Comment
By Jane Li Published October 11, 2021 China’s biggest provider of food-delivery services was hit with a 3.4 billion yuan ($528 million) fine by China’s antitrust watchdog last week for monopolistic practices, making it the latest firm to be caught up in Beijing’s ongoing crackdown on big tech. Investors may not mind. The State Administration for Market Regulation (SAMR) ...
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