Turkish Bank Charged in Manhattan Federal Court for Its Participation in a Multibillion-Dollar Iranian Sanctions Evasion Scheme

The Department of Justice announced that TÜRKİYE HALK BANKASI A.S., aka “Halkbank,” was charged today in a six-count indictment with fraud, money laundering, and sanctions offenses related to the bank’s participation in a multibillion-dollar scheme to evade U.S. sanctions on Iran.  The case is assigned to United States District Judge Richard M. Berman.  Please follow … Read moreTurkish Bank Charged in Manhattan Federal Court for Its Participation in a Multibillion-Dollar Iranian Sanctions Evasion Scheme

Two International Shipping Companies Pay $1.8 Million for Failing to Notify the Coast Guard of a Hazardous Vessel Condition and Concealing Vessel Oil Pollution

Two shipping companies incorporated in Liberia pled guilty today in federal court in Wilmington, Delaware, to failing to notify the U.S. Coast Guard of a hazardous condition on one if its vessels and to violating the Act to Prevent Pollution from Ships (APPS) by presenting false documents to the Coast Guard that covered up vessel … Read moreTwo International Shipping Companies Pay $1.8 Million for Failing to Notify the Coast Guard of a Hazardous Vessel Condition and Concealing Vessel Oil Pollution

Department of Justice Awards More than $122 Million in Public Safety Funding to Michigan

Today, the Department of Justice announced awards of more than $122 million to support public safety efforts in Michigan. The funds will help law enforcement agencies and community organizations in jurisdictions across the state fight gun, gang, drug and sexual violence, and bring criminals to justice. Please follow and like us:

Department of Justice Awards More than $16.5 Million in Public Safety Funding

Office on Violence Against Women (OVW) Acting Director Laura L. Rogers today announced awards of more than $16.5 million to support public safety efforts in the Northern District of Texas. Funds will help law enforcement agencies, local cities and counties, campus safety, and victim service providers and domestic violence shelters fight gun, gang, drug and … Read moreDepartment of Justice Awards More than $16.5 Million in Public Safety Funding

Justice Department Settles Immigration-Related Discrimination Claim Against Oregon School District

The Department of Justice announced today that it reached a settlement agreement with Marion County School District 103, aka Woodburn School District, a public school district that serves suburban and rural communities in Marion County, Oregon. The settlement resolves a complaint that the Woodburn School District violated the anti-discrimination provision of the Immigration and Nationality … Read moreJustice Department Settles Immigration-Related Discrimination Claim Against Oregon School District

Reuters: Immigration Enforcement Fattens Wages of American Workers

Oil companies in New Mexico are raising more Americans’ wages because President Donald Trump has tightened immigration enforcement, says a complaint from Reuters news service. Companies are meeting the labor demands “by paying overtime and shipping [distant American] workers in and out,” says the Reuters article written by Andrew Hay under the headline “‘Broken system’ … Read moreReuters: Immigration Enforcement Fattens Wages of American Workers

RBA Rose Tinted Specs On The Blink

The RBA minutes for October are decidedly bearish, clearly the battery in their rose-tinted specs as run down, revealing the mounting risks in the economy. Probably more risks ahead, more cuts and the proverbial QE in some form… International Economic Conditions Members commenced their discussion of global economic conditions by noting that heightened policy uncertainty … Read moreRBA Rose Tinted Specs On The Blink

USINPAC & Congressman Brad Sherman Working Together for India & Indian Americans

Washington D.C.: USINPAC is working closely with Congressman Brad Sherman (D-CA), co-chair of the House India Caucus and Chairman of the House Foreign Affairs Subcommittee on Asia, the Pacific, and Nonproliferation, to drive outcomes that matter for India and Indian Americans.  On October 13, 2019, USINPAC hosted a fundraiser in California for the Congressman. Since its … Read moreUSINPAC & Congressman Brad Sherman Working Together for India & Indian Americans

USINPAC & Congressman Brad Sherman Working Together for India & Indian Americans

Washington D.C.: USINPAC is working closely with Congressman Brad Sherman (D-CA), co-chair of the House India Caucus and Chairman of the House Foreign Affairs Subcommittee on Asia, the Pacific, and Nonproliferation, to drive outcomes that matter for India and Indian Americans.  On October 13, 2019, USINPAC hosted a fundraiser in California for the Congressman. Since its … Read moreUSINPAC & Congressman Brad Sherman Working Together for India & Indian Americans

President Trump Introduces Health Insurance Requirement for Immigrant Visa Applicants

According to a proclamation issued by President Donald Trump on October 4, 2019, the U.S. Department of State will begin issuing immigrant visas only to those foreign nationals who will have health insurance once admitted to the United States, or who can prove that they have the financial means to cover their own medical expenses. Details about … Read morePresident Trump Introduces Health Insurance Requirement for Immigrant Visa Applicants

Industry responds to ACCC inquiry into home lending

Yesterday, the government announced the ACCC will be conducting an inquiry into home loan pricing, investigating how lenders set their rates, why they often fail to pass through RBA rate cuts to borrowers in full, and the barriers that may be preventing consumers from switching to cheaper options on the market. Via AustralianBroker. Over the … Read moreIndustry responds to ACCC inquiry into home lending

APRA On Changes To Capital For NZ Subsidiaries

The Australian Prudential Regulation Authority (APRA) has launched a review of the capital treatment of authorised deposit-taking institutions’ (ADIs’) investments in their banking and insurance subsidiaries. It is open for consultation until 31 January 2020. APRA intends to finalise the changes to the Prudential Standard in early 2020 with the updated Prudential Standard to come … Read moreAPRA On Changes To Capital For NZ Subsidiaries

Following Up: CNBC Interview Video Now On-Line…& More!

I’m pleased to announce that the video is now on-line of my appearance today on CNBC‘s “Power Lunch” program focusing on the latest developments on the U.S.-China trade front.  Click here for a timely discussion of one of today’s biggest headline stories. In addition, here’s the link to an interview I did last week for … Read moreFollowing Up: CNBC Interview Video Now On-Line…& More!

Economics is not a science; it’s a story

What the wealth tax debate tells us about the bias of economists (Photo credit: warren.senate.gov) One of the clearest illustrations of the economic notion of a “market failure” is the market for academic economists — a market so captured by the dominant neoliberal narrative, that it has proven nearly impervious to competition from empirical facts. Take, for … Read moreEconomics is not a science; it’s a story

Trump Wants to End the “Stupid Wars”?, by Philip Giraldi

The discussion, if one might even call it that, regarding the apparent President Donald Trump decision to withdraw at least some American soldiers from Syria has predictably developed along partisan, ideologically fueled lines. Trump has inevitably muddied the waters by engaging in his usual confusing explanations coupled with piles of invective heaped upon critics. The… … Read moreTrump Wants to End the “Stupid Wars”?, by Philip Giraldi

Controlled Explanations Rule the Western World, by Paul Craig Roberts

Now that the lying machine that comprises the US and Western media has failed with the Russiagate propaganda, the machine has switched to Chinagate. The least trusted American Institution, other than the CIA, is the FBI. McClatchy news reports that the FBI has “expanded its task force on election security beyond examining Russian efforts ahead… … Read moreControlled Explanations Rule the Western World, by Paul Craig Roberts

Is the Interventionists’ Era Over for Good?, by Pat Buchanan

President Donald Trump could have been more deft and diplomatic in how he engineered that immediate pullout from northeastern Syria. Yet that withdrawal was as inevitable as were its consequences. A thousand U.S. troops and their Kurdish allies were not going to dominate indefinitely the entire northeast quadrant of a country the size of Syria… … Read moreIs the Interventionists’ Era Over for Good?, by Pat Buchanan

The Strategies of Targeting Trump

Victor Davis Hanson // American Greatness There is no logical Democratic explanation for impeaching Donald Trump. The various factions within the Democratic Party calling for impeachment are united only by their loathing of Donald Trump, the person, and his systematic repeal of the Obama progressive project. After failing with the … Read more → Please … Read moreThe Strategies of Targeting Trump

Mexico Military Police Halt 2,000-Strong Migrant Caravan on Its Way to US

Mon, Oct 14th 2019 @ 1:51 pm EDT Mexico’s military police on Saturday halted and turned back a caravan of up to 2,000 migrants from Africa, the Caribbean, and Central America, hours after they embarked toward the United States. The group was apprehended on a road through Huehuetan by nearly 500 Mexican National Guard police … Read moreMexico Military Police Halt 2,000-Strong Migrant Caravan on Its Way to US