“The most telling thing about the entrapment prosecution is the sentencing memo, which blatantly lays out the feds’ fear and contempt for any attempt to keep a financial transaction private, whether or not anything inherently illegal is happening.”
Read more: https://reason.com/blog/2018/07/17/entrapment-prosecution-of-bitcoin-exchan
“Officials no longer want to publicize what kind of transactions fall under the reporting requirement. They worry that making too much information public will give money launderers a road map to stay off the radar of regulators.”
Read more: https://www.miamiherald.com/news/business/real-estate-news/article213797269.html
“The ‘Section 232’ probe was prompted by a petition filed by two U.S. uranium mining companies, Ur-Energy Inc and Energy Fuels Inc, complaining that subsidized foreign competitors have caused them to cut capacity and lay off workers.”
“At the intersection of programming, economics, cryptography, distributed systems, information theory, and math, you will find Vitalik Buterin, who has managed to synthesize insights across those fields into successful, real-world applications like Ethereum, which aims to decentralize the Internet.”
“That the Treasury Department, Federal Reserve, BIS, JPMorganChase, and IMF refuse to answer the questions spelled out here shows that they fear that exposure can beat them.”
Read more: http://www.gata.org/node/18368
“Global foreign direct investment flows were down 18% in 2017 from the previous year and nearly 24% from its post-recession high in 2015, which the OECD attributed to a surge in financial and corporate restructuring.”
Read more: https://money.cnn.com/2018/07/11/news/economy/foreign-direct-investment-2017/index.html
“Bringing in more tax revenues doesn’t help if spending goes up even faster. And that has, unfortunately, been the case, as the GOP-controlled Congress has gone on a spending spree.”
Read more: http://blog.independent.org/2018/07/16/u-s-collects-record-tax-revenue-but-deficits-keep-piling-up/
“Thank the Trump tariffs on imported washing machines, washing machine parts, steel, and aluminum for the largest three-month price increase—16.4% from February to May this year—in the 40-year history of the Bureau of Labor Statistics (BLS) series for Major Appliances: Laundry Equipment.”
“The major culprits in Malaysia’s epic 1MDB financial scandal may already have destroyed much of the evidence against them but newly minted Finance Minister Lim Guan Eng is confident a global money trail will reveal the truth.”
“Chinese tech isn’t an imitation of its American counterpart. It’s a completely different universe.”
Read more: https://logicmag.io/04-letter-from-shenzhen/