HY Energy, a Chinese fuel trading company, has filed two separate lawsuits in Shanghai and Beijing against JPMorgan and Citigroup, alleging the banks improperly blocked $40 million in payments intended for China Oil and Petroleum Company (COPC) in 2023. According to court documents, the transfers were initiated months before the U.S. Department of the Treasury designated COPC as a sanctioned entity. The lawsuits claim the banks froze the funds without legal justification at the time, as no sanctions had been imposed on COPC when the payment orders were executed. HY Energy is seeking compensation for financial losses resulting from the…
Newswire
Russia downs 264 Ukrainian drones during Victory Day ceasefire, warns of retaliation Russia intercepted 264 Ukrainian drones overnight despite declaring…
Key Takeaways A North Philadelphia homeowner shot a woman trying to break into their home through a back window, and…
Publix Supermarkets has officially rolled back its policy allowing customers to openly carry firearms in its Florida locations, updated signage…
Introduction: The Escalation Trap I have spent decades watching the machinery of geopolitical power, and I have never seen a…
Key Takeaways The DOJ has filed a lawsuit against Colorado’s ban on large capacity magazines, following another suit against Denver’s…
Features
The Latest
Police fatalities hit lowest level since WWII, with firearm deaths falling 15%. Line-of-duty police fatalities in the U.S. dropped…
Estimated reading time: 16 minutesI used to think that prepping was a once-and-done activity. And the more money you throw…
Denmark confirms 1952 “shoot first” order remains active as Trump renews threats to annex Greenland Denmark confirms its soldiers…
In the United States, heart disease remains the leading cause of death, with someone suffering a heart attack every 40…
Two people were shot by US Customs and Border Protection agents Thursday afternoon near East Burnside and 141st Avenue in…
This article was originally published by William L. Anderson at The Mises Institute. As he placed his hand on the Koran,…