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In "Watershed Moment" China Orders Companies To Defy US Sanctions
In "Watershed Moment" China Orders Companies To Defy US Sanctions
China ordered companies in the country not to comply with US sanctions on five domestic refiners linked to the Iranian oil trade, deploying for the first time a blocking measure introduced in 2021 that was aimed at protecting its firms from foreign laws it deemed unjustified.
Refiners - including Hengli Petrochemical (Dalian) Refinery which was sanctioned last month and several other privately-owned processors - had been facing asset freezes and transaction bans. Hengli was the most ambitious target to date in China’s refining sector, and...
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Mar 18, 2026 / Tyler Durden
US Median Rent Hits 4-Year Low, 30th Straight Month of Decline
US Median Rent Hits 4-Year Low, 30th Straight Month of Decline
Authored by Mary Prenon via The Epoch Times (emphasis ours),
Renters across the United States may be able to save a bit more on apartment leases this month, as rents nationwide hit a four-year low last month, marking the 30th consecutive month of declines.
A sign is posted in front of an apartment building with available rentals in San Francisco on June 9, 2023. Justin Sullivan/Getty Images
In its February Rental Report issued on March 17, Realtor.com recorded that the national median...
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Jun 10, 2026 / Tyler Durden
Massive SpaceX IPO Demand Coming From Gulf Sovereign Wealth Funds
Massive SpaceX IPO Demand Coming From Gulf Sovereign Wealth Funds
One week ago, SpaceX kicked off its institutional roadshow, headlined by JPMorgan CEO Jamie Dimon, who hosted a nationwide "live interactive discussion" with private wealth clients.
The latest signal of investor demand comes from the Gulf, where massive sovereign wealth funds are reportedly seeking allocations in the IPO ahead of its expected Friday debut, according to Bloomberg News.
The report says Saudi Arabia's Public Investment Fund and Kuwait Investment Authority have each placed orders for the IPO worth $1 billion to...
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Jul 21, 2026 / Larry C. Johnson
DeBasification… A Fancy Word for Booting the US Out of the Middle East
Tehran delivered to Washington via Pakistan in early April, a formalized demand for the withdrawal of US combat forces from military bases across the region. It sat in a package alongside the lifting of all sanctions and UN resolutions, the release of Iranian assets held overseas, reparations, and Iran’s right to nuclear enrichment. Instead of […]
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