US regulator probing China’s role in container shortage/strong>
John Gallagher, 06 May 2021
A top maritime official has started an informal investigation into whether China is using its market power to monopolize containers and other equipment crucial to international supply chains to pump up rates paid by American exporters.
Carl Bentzel, a U.S. Federal Maritime Commissioner (FMC), told attendees at a virtual business meeting hosted by the Intermodal Association of North America that he is looking into the availability of containers, intermodal chassis and railroad equipment, and whether the U.S. has become overly dependent on such equipment owned and managed by China. Continue reading “Article: US regulator probing China’s role in container shortage”
One of Cambodia’s wealthiest families with close ties to Prime Minister Hun Sen late last year acquired a British payment services provider, Connectum Limited. That company generates millions of dollars in revenue each year, serving as an intermediary between small businesses and major credit card firms like Visa and MasterCard.
The altcoins market is bustling with new all-time highs and crypto scammers are once again round the corner. Members of the popular WallStreetBets Reddit forum were recently targeted by a spammy and dummy Telegram group duping investors of $2 million in losses.
The corporate regulator has taken legal action accusing Westpac of insider trading over a $12bn interest rate swap linked to the part-privatisation in 2016 of New South Wales’s electricity distribution network, Ausgrid.
Money managers intimate a growing confidence that oil prices have room to run higher this year, thanks to expectations of a robust economic rebound and rising global demand for crude. 
Chris Hedges: Don’t Be Fooled By Joe Biden
Another Mysterious Banker Death…
The Canadain federal government has tasked a committee with investigating money laundering, gambling and drug smuggling operations through casinos in Vancouver, in which a network reportedly affiliated with the Iranian regime and Hizbullah are involved, al-Arabiya network revealed on Tuesday.
Silvio Berlusconi’s Mediaset, Italy’s largest commercial broadcaster, and Vivendi, the parent company of Universal Music Group and Canal Plus Group, have reached an agreement to settle their legal spat over their failed pay-TV deal.
The BBC is taking a fresh look at the biggest heist in British history – the Northern Bank Robbery.
During the pandemic, Australians were forced to use online banking over branches and, as a result, there has been a continuous string of banks shutting up their physical branches. Now, a new report suggests that 88 per cent of Aussies won’t care, as they’ve well and truly embraced the digital banking age. So is this the beginning of the end for bank branches?