The Global Intelligence Files
Wikileaks, 02 Aug 2021
On Monday February 27th, 2012, WikiLeaks began publishing The Global Intelligence Files, over five million e-mails from the Texas headquartered “global intelligence” company Stratfor. The e-mails date between July 2004 and late December 2011. They reveal the inner workings of a company that fronts as an intelligence publisher, but provides confidential intelligence services to large corporations, such as Bhopal’s Dow Chemical Co., Lockheed Martin, Northrop Grumman, Raytheon and government agencies, including the US Department of Homeland Security, the US Marines and the US Defence Intelligence Agency. The emails show Stratfor’s web of informers, pay-off structure, payment laundering techniques and psychological methods.
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US reaches deal with Vietnam on currency manipulation
KUWAIT TIMES, 19 July 2021
WASHINGTON: The United States and Vietnam on Monday said they had reached an agreement to resolve a dispute over the value of Hanoi’s dong currency, which Washington had briefly accused it of manipulating. Washington in April withdrew its accusation, but Vietnam remains on the US Treasury’s “Monitoring List” for scrutiny of its currency policies.
The new agreement will resolve the dispute between the two countries, according to the joint statement. “Treasury and the (State Bank of Vietnam) have had constructive discussions in recent months through the enhanced engagement process, and reached agreement to address Treasury’s concerns about Vietnam’s currency practices,” the statement said. Continue reading “Article: US reaches deal with Vietnam on currency manipulation”
HONG KONG WATCHDOGS ARREST CULPRITS FOR MONEY LAUNDERING
ANDREW SMITH, 15 July 2021
Intro: Four men and a mastermind running a money-laundering syndicate in the city have been arrested by the Hong Kong Police. The officials have dismantled the operation of the gang that used cryptocurrency to process HK$1.2 billion for illegal funds.
Four men along with the local mastermind of the money laundering syndicate have been arrested by the Hong Kong Police. The customs officials have confirmed that they had dismantled the money laundering syndicate that used cryptocurrency to process HK$1.2 billion ($155 million) in illegal funds. Continue reading “Article: HONG KONG WATCHDOGS ARREST CULPRITS FOR MONEY LAUNDERING”
Alert Reader Comment:
1). FNGR. The Chinese are cracking down on Big CompaniesThat are listed in USA that have BIG DATA on their own. FNGR does not have DATA but the right to analyze it. Their partners with the Data are the Chinese Telecoms 1.6B People with Phones. THEY ARE the Chosen one by the CHINESE GOVT
They will be the biggest in the world You want to buy Data on the Chinese Guess where you have to get it.
The Naked short continues to play 3,600,000 to cover now maybe he thought this crackdown would help him out NOW WHAT?
2) GTII naked short continues to sell, 93,000 more on Friday. But this stock has a very different feeling now. New People keep Calling and buying. Like they know it’s going to go soon. I have Been contacted by a shareholder who has a friends who have Huge YouTube followers and they are doing a report on the potential of a major squeeze Stock has a STRONG VIBE again maybe its merger time or the Picasso or Maybe the SEC something is up.
I stopped adding and will just stick with 72,000,000 in the last 20 days they sold about 1.8M. So the # grows
And grows and Like I said he is all in ONLY way out is up and they will just walk away from this mess once it starts
Today’s squeeze names SGOC up another $4. And TPST up $22
When the Markets go down SHIT stocks go up. You know what I mean
Chinese regulator halts Huya-Douyu game-streaming merger
Zen Soo, 09 July 2021
HONG KONG – China’s market regulator on Saturday blocked the merger of Tencent-backed game streaming platforms Douyu and Huya following an anti-monopoly investigation, as authorities ramp up scrutiny of some of the country’s biggest technology companies.
Huya and Douyu — which provide videogame live-streaming services akin to Twitch in the U.S. — are two of the largest companies of their kind in China. Both count gaming firm Tencent among their investors. Continue reading “Article: Chinese regulator halts Huya-Douyu game-streaming merger”
China targets offshore IPO structure, to require ministry approval -sources
Reuters, 09 July 2021
China’s securities regulator is setting up a team to review plans by Chinese companies for initial public offerings (IPOs) abroad, sources with knowledge of the matter said, including those using a corporate structure which Beijing says has led to abuse.
Chinese companies looking to list offshore will also need approval from the relevant ministry, the sources told Reuters, in a break from a decades-old arrangement that did not require them to seek a formal go-ahead from any authorities in China. Continue reading “Article: China targets offshore IPO structure, to require ministry approval -sources”
Economic Watch: China tightens crackdown on capital market violations
Xinhua, 07 July 2021
BEIJING, July 7 (Xinhua) — China has tightened crackdown on illegal activities in the securities market to promote the high-quality development of the country’s capital market.
Efforts to improve the securities legislation mechanism will be enhanced, and criminal punishment and market discipline will be strengthened, according to an official document jointly issued by the General Office of the Communist Party of China Central Committee and the General Office of the State Council. Continue reading “Article: Economic Watch: China tightens crackdown on capital market violations”
Didi Loses $22 Billion in Market Cap After China Crackdown
Divya Balji and Filipe Pacheco, 06 July 2021
Didi Global Inc. plunged in premarket trading after a Chinese regulator ordered the removal of the company’s platform from app stores, days after a $4.4 billion initial public offering in the U.S.
Shares of the China-based tech firm fell as much as 30% to $10.90, wiping out about $22 billion of market value and taking the stock below the $14 IPO price. They traded at $12.17 as of 6 a.m. in New York. Continue reading “Article: Interpol issues red notice for Guptas and associates”
Insider trading research with Taiwanese vaccine makers reveals broader issues
bernardblack, 02 July 2021
A survey of insider trading with Taiwan’s Covid-19 vaccine maker raised concerns about Taiwan’s fiscal oversight and involved President Tsai Ing-wen’s administration.
The Taipei-based Shilin District prosecutor’s office said Medigen Vaccine Biologics Corporation after the company’s stake jumped more than 20% in the days before announcing positive results for a phase II vaccine trial in June. He told the Financial Times that he was investigating. The prosecution refused to reveal the details of the investigation. Continue reading “Article: Insider trading research with Taiwanese vaccine makers reveals broader issues”
China Asks Citic Group to Examine Huarong’s Finances
Charlie Zhu, Zheng Li, Jun Luo, and Heng Xie, 28 June 2021
China has asked one of its biggest state-owned conglomerates to examine the finances of China Huarong Asset Management Co., people familiar with the matter said, adding a new twist to the drama that has roiled the world’s second-largest credit market for months.
Citic Group, whose businesses span everything from banking to securities and mining, recently dispatched a team to Huarong to pore over the embattled distressed-debt manager’s books, the people said, asking not to be identified discussing private information. Continue reading “Article: China Asks Citic Group to Examine Huarong’s Finances”
U.K. AML expert convicted of aiding money launderers
Neil Hodge, 25 June 2021
A U.K. money laundering prevention expert was found guilty Wednesday of allowing criminals to use his company to launder the proceeds of an £850,000 (U.S. $1.2 million) investment fraud that resulted in dozens of victims being ripped off.
Dominic Thorncroft was chair of the Association of UK Payment Institutions for 14 years and worked with lawmakers and financial regulators providing anti-money laundering advice and training. In 2014, he allowed fraudsters to use his money services business to transfer criminal proceeds from an investment scam overseas. Continue reading “Article: U.K. AML expert convicted of aiding money launderers”
Why India wants to put an end to Amazon and Flipkart’s flash sales
Ananya Bhattacharya, 22 June 2021
Online retail giants in India may soon have to play by new rules when it comes to offering discounts.
“No e-commerce entity shall organise a flash sale of goods or services offered on its platform,” says the amended version of India’s Consumer Protection Rules, 2020, released on June 22. The consumer affairs department describes a flash sale as one that offers “significantly reduced prices, high discounts or any other such promotions or attractive offers for a predetermined period of time on selective goods and services or otherwise with an intent to draw large number of consumers.” Continue reading “Article: Why India wants to put an end to Amazon and Flipkart’s flash sales”
China to shut down over 90% of its Bitcoin mining capacity after local bans
GT staff reporters, 20 June 2021
Many Bitcoin mines in Southwest China’s Sichuan Province – one of China’s largest cryptocurrency mining bases – were closed as of Sunday, according to after local authorities ordered a halt to mining in the region on Friday amid an intensified nationwide crackdown against cryptocurrency mining.
The ban also means that more than 90 percent of China’s Bitcoin mining capacity is estimated to be shut down, at least for the short term, as regulators in other key mining hubs in China’s north and southwest regions have taken similar harsh steps. Continue reading “Article: China to shut down over 90% of its Bitcoin mining capacity after local bans”
China Pushes Back Against Threat Of Inflation – Analysis
Michael Lelyveld, 19 June 2021
China’s government has suffered a setback in its campaign against inflation as consumer prices accelerated last month despite pressure on producers to keep commodity costs down.
On June 9, the National Bureau of Statistics (NBS) reported that the consumer price index (CPI) for May rose 1.3 percent from a year earlier, quickening from the 0.9-percent pace the month before. Continue reading “Article: China Pushes Back Against Threat Of Inflation – Analysis”
Stop Relying on China. We Need to Start Manufacturing PPE Here in the U.S. | Opinion
GILES KYSER , 18 June 2021
The U.S. public health system is part of our country’s center of gravity: a critical sustaining element of our society and a comparative advantage that sets us apart from—and supports—other parts of the world. But our system is not without its challenges. We witnessed during the COVID-19 pandemic how a vulnerable healthcare system exposes our communities to a cascading set of problems, highlighting just how important it is to strengthen our public health infrastructure. Continue reading “Article: Stop Relying on China. We Need to Start Manufacturing PPE Here in the U.S. | Opinion”