The Building Blocks Of A Global Stagflationary Shock Are Falling Into Place

US Working To Close Visa Loophole For Chinese Visitors: Homan Authored by Frank Fang and Jan Jekielek via The Epoch Times, The Trump administration is taking steps to prevent Chinese nationals from exploiting a visa-free travel program to the Northern Mariana Islands, according to White House border czar Tom Homan. Chinese citizens wait to submit their visa applications at the U.S. Embassy in Beijing on May 2, 2012. Mark Ralston/AFP/GettyImagesSpeaking to Epoch Times senior editor Jan Jekielek in an "American Thought Leaders" interview aired on Sept. 26, Homan called birth tourism a...

New Arizona Law Targets Demand Behind Prostitution, Sex Trafficking Authored by Allan Stein via The Epoch Times, Arizona has enacted a law that increases penalties for people who buy or attempt to buy sex, and directs new funding to services for victims of sex trafficking. Under the law, paying, agreeing to pay, or offering to pay for sexual conduct is now a felony offense and carries mandatory jail time. Offenders must also pay a $200 assessment, with all proceeds dedicated to programs that assist trafficking survivors. A first offense can result in up...

Regulators Find Their Situational Awareness: Fed, BoE Probe Bank Exposure To Jane Street After AI Fund Meltdown Better late than never... Nearly two months after Leopold Aschenbrenner's Situational Awareness went from a $45 billion AI juggernaut to a Citadel block trade after it dumped its entire public book on Ken Griffen's doorstep at a 10% discount and six weeks after we learned that Jane Street lost $15 billion in July, its first down month in a decade, central bankers on both sides of the Atlantic have noticed that something may have happened. According to the...