The US could impose economic sanctions on China if it does not implement the new sanctions regime against North Korea, the US Treasury Secretary has warned. Steven Mnuchin said the restrictions could involve cutting off Beijing’s access to the US financial system. “North Korea economic warfare works,” Mnuchin said Tuesday…
U.S. Threatens to ‘Cut China Off’ from Dollar If It Does Not Uphold Sanctions Against N. Korea…
China Joins Russia in Condemning New U.S. Sanctions over North Korea…
China has made a statement condemning America’s most recent sanctions targeting individuals and entities in China and Russia alleged to be conducting business with North Korean entities. Chinese Foreign Ministry spokeswoman Hua Chunying has stated, “China opposes the imposition of unilateral sanctions outside…
Trump Sanctions President Maduro. What It Means for Venezuela…
On Monday, the U.S. Treasury Department announced new sanctions on Venezuelan president Nicolas Maduro. The sanctions mean that “…. all assets of Nicolas Maduro subject to U.S. jurisdiction are frozen, and U.S. persons are prohibited from dealing with him.” The penalties are a response to Maduro’s decision to replace Venezuela’s parliament with a…
Freezes U.S. Assets…
Venezuelan’s Vote to Support National Constituent Assembly…
REPORT: How the Federal Reserve Serves U.S. Foreign Intelligence…
The Federal Reserve’s little-known role housing the assets of other central banks comes with a unique benefit to the United States: It serves as a source of foreign intelligence for Washington. Senior officials from the U.S. Treasury and other government departments have turned to these otherwise confidential accounts several times a year to analyze the […]
China’s Plan to Subvert the Global Dollar Standard…
If nothing else, the Chinese have a sense of history and destiny. They have had a glorious past, stretching back millennia, and once controlled most of the Asian heartland in the days of Genghis and Kublai Khan. But even then, China was essentially inward-looking, protecting her own cultural values. Trade with Europeans in the centuries […]
Why Democrats Are Delighted With The Republican Spending Bill…
Why were Democrats unable to hide their enthusiasm for the latest Omnibus spending bill proposed by House Republicans? Simple: because, as the Washington Examiner’s Philip Klein writes, “Dems basically got everything. It’s like they control House, Senate, & WH rather than the other way around”…