Thought for the day

"I just wonder what it would be like to be reincarnated in an animal whose species had been so reduced in numbers than it was in danger of extinction. What would be its feelings toward the human species whose population explosion had denied it somewhere to exist.... I must confess that I am tempted to ask for reincarnation as a particularly deadly virus." -- Prince Philip, in his Forward to "If I Were an Animal" - United Kingdom, Robin Clark Ltd., 1986.

donate

NEED SOME HELP!

The U.SGovernment Accountability Office conducted a study, requested by House Republican Conference Chair Elise Stefanik and House Foreign Affairs Ranking Member Michael McCaul, which found that U.S. government agencies sent more than $28 million taxpayers dollars to Chinese entities for research and development between 2015 and 2021.

The People's Bank of China has told major state-run banks to prepare to shed dollar holdings while snapping up offshore yuan, which has continued to fall despite prior interventions, sources told Reuters.

The scale of this latest effort to prop up the yuan will be big and could provide a floor to the Chinese currency, according to the report.

Tags

Leftist American President Joe Biden, skipping the funeral of longtime Japanese Prime Minister Abe Shinzo, signaled to Japan that “he’s more worried about the midterms than the threat of China and Russia,” Japanese conservative journalist and commentator Yoko Ishii told Breitbart News in an exchange on Friday.

Defense Secretary Lloyd Austin declined to directly endorse President Joe Biden’s statement that the U.S. military would defend Taiwan if China invaded, saying that America’s priority is helping Taiwan prepare to protect itself.

Speaking on CNN’s “Fareed Zakaria GPS” in an interview that aired Sunday, Austin said: “In accordance with the Taiwan Relations Act, we’re committed to helping Taiwan develop the capability to defend itself. And that work has gone on over time and will continue into the future.”

China has opened dozens of "overseas police service stations" around the globe to monitor its citizens living abroad, including one location in New York City and three in Toronto.

China has told state-run financial institutions to prepare to sell off their dollar holdings while stocking up on offshore yuan, as Beijing tries to bolster the national currency, Reuters reported on Thursday, citing sources with knowledge of the matter.

The simultaneous dumping of the US dollar and purchasing of the yuan are expected to avoid further drops in the Chinese currency, which is currently on track for the biggest annual loss versus the greenback in nearly three decades. So far this year, the yuan has dropped over 11% against the dollar.

Tags

The US has slapped new sanctions on Chinese firms related to Iran’s petrochemical and petroleum trade, after years of reports of Chinese tankers engaged in sanctions-busting activity, and at a moment that a finalized restored JCPOA nuclear deal has all but collapsed.

US Secretary of State Antony Blinken announced punitive measures Thursday against two China-based companies, Zhonggu Storage and Transportation Co Ltd and WS Shipping Co Ltd, which stand accused of sanctions evasion.

On September 12, Russian President Vladimir Putin stated that, given mounting economic sanctions, full “de-dollarization” of the Russian economy is only a matter of time (RBC, September 12).

 In recent years, opioids, frequently produced by the communist Chinese and trafficked by illegal aliens, have killed hundreds of thousands of Americans. Extra to promoting this tragic loss of life, a new congressional report indicates that the opioid crisis is also taking a profound economic toll.