
“The state-owned Bank of China has been ordered by an American court to hand over customer information to the US. The bank has refused to comply, as to do so would violate China’s privacy law. The US court has subsequently ordered the Bank of China to pay a fine of $50,000 per day. China is a sovereign nation, halfway around the globe from the US, yet the US seems to feel that it’s somehow entitled to set the rules for China. All over the world, those who live outside the US are increasingly observing that the US has become so drunk with power that they’re threatening both friend and foe with fines, trade restrictions, monetary sanctions, warfare, and invasions.”
http://www.internationalman.com/articles/babson
Related posts:
Greece demands €278bn WWII reparations from Germany
What NSA Transparency Looks Like
Need Cash, But Don’t Want to Lose Your Bitcoins? Pawn Them
Jim Rogers: China investment opportunities today
The Wiki Weapon
Tax Collectors Grow More Aggressive; Payers Caught in the Middle
Missouri man facing charges for using fake penis to pass drug test
There’s a Good Chance Your Bank Is Committing a Major Crime Right Now
San Antonio Police Leave Man Paralyzed for Taking Photos of Wife’s Business
The situation on the ground in Athens
Why is eBay eager to pay a tax that Apple works to avoid?
Transcending the State with Stefan Molyneux
The Military May Drive You to Suicide
Former US Treasury Official: 'Banks Move To Enslave Humanity'
Bitcoin rapidly approaching $500 price tag, $5 billion market cap