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"The companies that buy and sell debt are buying and selling your slavery." -- Michael Rivero
China’s Finance Ministry has imposed an unprecedented fine of 212 million yuan ($30.8 million) on accountancy firm Deloitte, for negligence in its audit of bad-debt manager China Huarong, the ministry said in a statement on its website on Friday. Bad-debt managers are asset management firms that are tasked with buying distressed loans from banks.
According to the financial authorities, several inspections, staff interviews, and a paperwork review revealed that Deloitte, one of the ‘Big Four’ global accounting giants, had failed to detect the condition of Huarong’s underlying assets and objectively assess its businesses operations from 2014 to 2019. Huarong also concealed the fact that it experienced a number of internal and risk control failures at the time, according to the ministry.
“During the period when it offered auditing services [to Huarong], [Deloitte] did not maintain [a] professional skeptical attitude, did not effectively conduct essential auditing procedures, did not obtain sufficient and adequate auditing evidence and had severe auditing flaws,” the statement read.
Former British Prime Minister Tony Blair has claimed that the US-led invasion of Iraq was more justified than Russia’s ongoing military operation in Ukraine, despite all of his pre-war claims since being proven false.
Speaking to Germany’s DPA and two other European news agencies, Blair stated that the invasion – in which 46,000 British troops took part – was a legitimate response Saddam Hussein’s domestic repressions and his use of chemical weapons against the Kurds.
“At least you could say we were removing a despot and trying to introduce democracy,” Blair said.
The British government has commissioned Rolls-Royce to develop a nuclear reactor that could one day power a lunar base as part of a US-led mission to house humans on the moon. However the project has thus far been plagued by delays and cost overruns.
The UK Space Agency announced on Friday that it has awarded £2.9 million ($3.5 million) to Rolls-Royce to build a prototype. The British engineering firm, which is owned by German firm BMW, plans on having a working reactor ready by 2029.
“As we prepare to see humans return to the Moon for the first time in more than 50 years, we are backing exciting research like this lunar modular reactor with Rolls-Royce to pioneer new power sources for a lunar base,” the minister of state at the Department of Science, Innovation and Technology, George Freeman, said in a statement.
Russsian President Vladimir Putin has made an unannounced “working trip” to Mariupol. The surprise visit is the first time Putin has visted the Donbass region, since it de facto broke away from Ukraine nine years ago.
The Azov Sea port city was liberated by Russian forces last spring during the military operation in Ukraine, and joined Russia as part of the Donetsk People’s Republic following a September referendum.
Putin arrived in Mariupol by helicopter, accompanied by Russian Deputy Prime Minister Marat Khusnullin, multiple news agencies including TASS and RIA Novosti reported on Sunday morning, citing the Kremlin’s press service.
In the latest round of industrial action to disrupt travel plans, strikes at four German airports led to the cancellation of hundreds of flights on Friday.
The latest round of strikes on Friday, described by the German union Verdi as “warning strikes”, brought to halt airports in Dusseldorf, Cologne/Bonn, Stuttgart and Baden-Baden over pay and working conditions and resulted in the cancellation of at least 144 flights.
"No take-offs and landings are possible all day due to the Verdi strike," Stuttgart Airport said in a statement, calling on passengers not to travel to the airport.
Dusseldorf Airport said earlier in the week it was working on a "significantly reduced flight schedule" from what it originally had of 368 take-offs and landings for Friday.
Earlier this week, Berlin, Bremen and Hamburg airports canceled all commercial flights because of the walkouts. The one-day walkout affected 27,000 travelers, and the airport had to cancel around 200 flights.
Republicans continue to try and fix Biden’s economy.
Their latest effort is a sweeping energy bill to help lower inflation fueled by high energy costs, contributing to America’s struggle. A coalition of 27 groups has formed, urging Congress to pass the bill as soon as possible.
In short, the bill will give domestic production a much-needed boost. Then, it will lower taxes and regulations, helping companies save money. Those savings will then be passed on to the consumer. Fox News reports, “‘Families and businesses are facing historic inflation costs driven by President Biden’s war on American energy,’ AFP Vice President of Government Affairs Akash Chougule told Fox News Digital in a statement. ‘Now, Congress has a real opportunity to lower costs by repealing the onerous taxes and regulations that are standing in the way of an abundant, reliable energy supply.’”
Karen Kingston is a biotech analyst and former Pfizer employee who understands complicated medical and biological contracts. Kingston has been doing a deep dive into the contract President Trump signed with Pfizer for their version of the CV19 vax. The contract proves Trump required Pfizer to follow the law to produce a safe and effective vaccine. The Pfizer vax was not safe or effective and violated the contract. On top of that, the Pfizer vax turned out to be a bioweapon. Pfizer says it produced 63% of the 13 billion injections worldwide. Kingston explains, “Unlike any other contract I have ever read before, the contract says right up front the President said they had to produce a safe and effective vaccine, and they would have to promise it would protect against SARS-Cov-2 infections and all its variants. Oh, and by the way, all those Emergency Use Authorization (EUA) laws that give you immunity under Obama and Bush, Jr., you are going to forfeit those.
Donald Trump has received a standing ovation from Tulsa supporters as he arrived inside the NCAA Wrestling Championships at BOK Center.
Wrestling fans cheered the ex-president as he pumped a defiant fist into the air in his first outing since announcing he would be arrested Tuesday in connection to hush money paid to porn star Stormy Daniels.
The crowd pleaser walked through swathes of supporters as he took his seat in the arena waving and smiling despite his claims of imminent arrest.
Officers could handcuff Donald Trump if they arrest him next week over claims he paid porn star Stormy Daniels to keep quiet about their alleged affair.
Secret Service agents are said to be involved in delicate negotiations with Manhattan District Attorney Alvin Bragg's office over how to handle the unprecedented arrest of a former president.
Sources say Trump - who is protected by law by the Secret Service - will have to be fingerprinted and processed like every other defendant though officials are still deliberating over whether he will be handcuffed.
Southern border agents arrested sixteen people on the FBI's terror watchlist last month as border arrests are set to outpace record numbers encountered in the last year.
It brings the total number of encounters for the 2023 fiscal year to 69, which is on the trajectory to exceeding the 98 encounters made in the year prior.
It comes as Republicans demand answers for why the Biden administration is spending millions to store unused border wall panels as the country is inundated with illegal migrants risking their lives to cross onto American soil, and enough drugs to kill five times the population of the U.S. flood in.
A constantly updated list of injuries caused by the Covid vaccines.
A human rights activist is sounding the alarm over pending international World Health Organization (WHO) “treaties” that would sign away U.S. sovereignty and human rights protections, consigning its citizens to a freedom-crushing global health surveillance state.
WHO agreements that can be voted upon as early as May would render U.S. citizens subject to the health policy decisions of the WHO, which could potentially force “vaccinations,” quarantine detentions, and the censorship of dissenting health information, warned Reggie Littlejohn, founder and president of Women’s Rights Without Frontiers, during a Stop Vax Passports Task Force Webinar.
“We are in the battle of our lives and we don’t know it,” said Littlejohn, advising that the “digital gulag” enabled by a combination of surveillance, a central bank digital currency, and social control “to basically trap us” is around the corner.
Teaching and conveying information are one among the most important aspects of writing. Often like a college professor trying to teach undergraduates the vitally important fundamentals of political science and the basics of governmental power.
Fortunately, the far left has been providing an increased number of examples of its inherent authoritarianism that we can use to illustrate these dynamics. Most people would agree that these totalitarian tendencies on leftists' part would cause most people to shy away from the tyrannical ten percent. Unfortunately, there are still some "true believers" in the fascism of the far left.
We've proven the far-left is fascist (here and here) along with many others who have done the same (here and here). We've shown that the National Socialist German Workers' Party was a National Socialist German Workers' Party, along with others here, here, here, here, here, here and here. And we've proven that gun confiscation is a central part of the left's socialist national agenda.
This means that those of the far left living in denial can dispense with continually trying to pretend that something is false simply because it's not explicitly proven every five minutes. We on the pro-freedom right often wonder why leftists persist in staying on the wrong side of history, not to mention being tardy with their lessons in comparison to the rest of the class. They're holding everyone else back while we need to talk about the fact that the far left can't let go of its control obsession and its face mask fetish.
Slovakia’s government has unanimously approved the supply of Soviet-made MiG-29 fighter jets and a Kub air defense system to Ukraine, interim Prime Minister Eduard Heger has announced.
The delivery will also include spare parts for the hardware and missiles, Heger said at a press conference on Friday.
“Our government is on the right side of history” by providing Kiev with the much-needed warplanes amid the conflict with Russia, he said. Heger, who lost a vote of no-confidence late last year, is staying in charge of the cabinet until an early election in September.
French party leader Florian Philippot believes it has long been obvious that the United States was behind last year’s sabotage of the Nord Stream pipelines, which were built to deliver Russian natural gas to Western Europe.
“Even before the war in Ukraine, the US for years fought against Nord Stream, it was a permanent part of their policy,” he told RIA Novosti in an interview published on Friday.
“In early February 2022, [US President Joe] Biden said the Americans could make it so that the pipeline was no more. That’s what happened. And it was in the interest of the Americans,” according to Philippot, who heads the right-wing ‘The Patriots’ party in France.
Last month, veteran investigative journalist Seymour Hersh reported that Biden personally ordered the bombing of the pipelines, and that Norway assisted in the sabotage. He cited an unnamed source and supported his case using some of the same arguments as Philippot.
A German scientist has discovered why the Wuhan coronavirus (Covid-19) “vaccines” made by AstraZeneca and Johnson & Johnson (J&J) are causing some recipients to develop deadly blood clots.
According to Prof. Andreas Greinacher, a blood expert from the University of Greifswald, the two viral vector vaccines contain genetically modified (GMO) cold viruses that, upon injection, trigger an autoimmune response.
Stray proteins, Greinacher says, along with a preservative used specifically in the AstraZeneca jab known as ethylenediaminetetraacetic acid (EDTA), are directly responsible for causing the blood clots, he says.
Greinacher and his team identified more than 1,000 human-derived cell proteins in the injections that they believe are getting into people’s bloodstreams and clamping onto a blood component known as platelet factor 4, or PF4, where they form complexes that activate the production of antibodies.
This then generates an inflammatory response throughout the body, as the immune system is tricked into believing that it has been infected with bacteria. The immune system then overreacts and goes nuts, essentially, causing deadly bleeding and clotting.
A former Black Lives Matter movement member appeared on Fox News to decry the ideology he used to support.
Fox News reports that the former activist was particularly upset by San Francisco’s proposed reparations program for Black residents of that city.
Xavier DuRousseau, who is African-American, does not believe that the proposed plan by San Francisco makes sense, and he is opposed to the program. Fox News reports that DuRousseau is now a PragerU personality and that he appeared on “The Ingraham Angle” to say that the reparations program is “virtue-signaling” to “indoctrinate” minorities into making them all feel like victims.
It may be spring break, but some KSAT viewers in the Hill Country woke up to snow on Saturday.
KSAT meteorologist Sarah Spivey said snow fell in Edwards, Kerr, and Real counties. However, no major impacts are expected since temperatures are largely above freezing.
A CNN reporter fell victim to a 'smash-and-grab' robbery while reporting on San Francisco's "rampant street crime."
In a series of tweets on Friday, CNN correspondent Kyung Lah described how her rental car's rear window was smashed within seconds by thieves who then made off with her bags.
"Got robbed. Again," Lah wrote. "[CNN producer Jason Kravarik] & I were at city hall in San Francisco to do an interview for @CNN. We had security to watch our rental car + crew car. Thieves did this in under 4 seconds. Security stopped the jerks from stealing other bags. But seriously- this is ridiculous."
Bankers at the London branch of Silicon Valley Bank reportedly received tens of millions of dollars in bonuses just days after the Bank of England orchestrated a rescue package that led to Europe's largest lender, HSBC, buying the failed bank's subsidary for just £1, Sky News reports.
Sources described the bonus pool as "modest", and said it totalled between £15m and £20m.
It was unclear on Saturday how much had been awarded to Erin Platts, the UK bank's chief executive or her senior colleagues.
One insider said the bonus payments were a signal of HSBC's confidence in the talent base at its new subsidiary and that the buyer had been keen to honour previously agreed payments in order to help retain key staff. -Sky
On this day in 1998, President Bill Clinton settled a sexual harassment lawsuit by making an $850,000 payment. The settlement with Paula Jones, reached without the suit going to trial, heaped fuel on Clinton’s impeachment proceedings by the Republican-controlled House. (He was acquitted in a subsequent Senate trial and completed his term in office.)
In the aftermath of the settlement payment, most of which went to Jones’ attorneys, Robert S. Bennett, Clinton’s attorney, maintained that Jones’ claim was baseless, and that Clinton agreed to settle only to end the lawsuit and move on.
There are many who believe that America’s economy has gone beyond the point of no return. In other words, we’re going down, and it’s just a matter of how far and how fast.
If that’s the case, what should you do? First of all, houses and buildings will continue to stand. Personal property will continue to exist (i.e. tools, cars, appliances etc.). With that in mind, will we be able to hold on to them? If you’re in debt, you may not be able to. For example, you buy a home for $500,000, and you have a $450,000 mortgage, and then the bottom falls out, and your property drops 50% to $250,000. It’s still a house and it provides the functions of shelter, but now, you have a $450,000 mortgage on a $250,000 house. Sadly, mortgages don’t go down when the price of homes go down. If you can keep your income in line, then you can continue to pay for it, but if you have to take a pay cut, or worse yet, you lose your job, then what? This is a real problem that takes place in a declining economy.
The following factors determine economic health; Inflation which is the increase in the supply of money and credit, deflation which is the decrease of the supply of money and credit. Currently, we are in a deflationary cycle with the supply of money having been reduced by 5% over the last year, while interest rates (credit) have gone up. Debt is becoming more expensive, and the money to pay for the debt is becoming harder to come by. What is the logical conclusion of that dilemma? Bankruptcy! SVB or Signature bank anyone? Watch out for Credit Suisse as well.
Fox News reports that Sen. Bill Cassidy, R-La., and CNN anchor Kaitlan Collins got heated back and forth over President Biden’s stance on Social Security. Senator Cassidy criticized the CNN host for her talking points about the president’s stance on Social Security. Cassidy went after Biden’s unwillingness to budge at all to work with Republicans are reforming a program that everyone tends to agree needs some revamping. This is something that needs to be done about this.
Air pollution is the greatest environmental health hazard to humankind, leading to over six million deaths a year and an economic cost that equates to over $8 trillion dollars.
That’s according to the World Air Quality Report 2022 released Tuesday by Swiss air quality technology company IQAir.
Statista's Anna Fleck reports that the analysis found that out of a surveyed 131 countries, regions and territories, only 13 met World Health Organization air guidelines of annual PM2.5 concentrations at or below 5 μg/m3 in 2022, many of which were in Oceania.
As reported earlier law enforcement agencies are preparing for a possible Trump indictment as early as next week.
Earlier this year the Manhattan District Attorney’s office revived its criminal investigation into Trump’s ‘hush payments’ to porn star Stephanie Clifford, AKA, Stormy Daniels and elevated the case from a misdemeanor to a felony.
Trump has been accused of paying Daniels ‘hush payments’ in a scheme to silence her and stop the story about their alleged affair from being published in the National Enquirer.