Independent thinking for complex markets and current events
🇺🇸🇨🇳🇮🇷 The US threatens to sanction Chinese banks for buying Iranian oil pic.twitter.com/WAxW3wrbKn — Jackson Hinkle 🇺🇸 (@jacksonhinklle) April 15, 2026 NOW – Scott Bessent: "Two Chinese banks received letters from the U.S. Treasury… If we can prove that there is Iranian money flowing through your accounts then we are willing to put on secondary …
Authored by Mike Shedlock via mishtalk, The more you use dollar sanctions, the more countries will cooperate to defeat them. Another Big Leap for China Eurointelligence has a great article today on the US overusing sanctions as a financial threat. The result took a while but it’s Another Big Leap for China China’s Cross-Border Interbank Payment …
Belgium will join the group of countries that will recognize the state of Palestine at this month’s U.N. General Assembly and will impose sanctions on Israel over the war in Gaza, Foreign Minister Maxime Prévot announced overnight. The recognition of Palestine would only be formalized if Hamas releases all remaining Israeli hostages kidnapped in the …
BREAKING: The SEC will sanction Elon Musk in its Twitter acquisition probe Biden right after Elon bought Twitter: "There's a lot of ways [to get him]" pic.twitter.com/HrHH9mwNP6 — End Wokeness (@EndWokeness) September 20, 2024 The U.S. Securities and Exchange Commission said on Friday it intends to seek sanctions against Elon Musk after he failed to …
The White House on Tuesday came out against legislation being pushed by House Republicans to sanction senior members of the International Criminal Court over its pursuit of arrest warrants against Prime Minister Benjamin Netanyahu and Defense Minister Yoav Gallant. “We don’t believe the ICC has jurisdiction [in this case], so we don’t support these arrest …
via Mike Shedlock Russia and Iran developed a way to avoid the US dollar routing system known as SWIFT, Trade between the nations is booming. Image from US Institute for Peace – The Iran Primer. What is the SWIFT Banking System? Investopedia explains: The Society for Worldwide Interbank Financial Telecommunications (SWIFT) system powers most …