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China Sentences Evergrande Founder To Life In Prison
China Sentences Evergrande Founder To Life In Prison
Five years after Chinese property development firm Evergrande Group collapsed under the weight of enormous debt, founder Xu Jiayin was sentenced to life in prison on Thursday.
Xu Jiayin, also known as Hui Ka Yan, founder of property developer Evergrande, appears for sentencing at the Shenzhen Intermediate People's Court in Shenzhen, China, on Aug. 20, 2026. Shenzhen Intermediate People's Court /Xinhua via AP
Xu (Hui Ka Yan in Cantonese), 64, pleaded guilty in April to fundraising fraud, illegally taking public deposits, illegally extending loans, bribery, fraudulently...
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Aug 10, 2026 / Dave DeCamp
Trump Responds To Iran’s Calls for Compensation for War Damages To Open Strait of Hormuz
President Trump on Monday responded to an Iranian official calling for the US to provide compensation for damage caused by the war as a condition for the opening of the Strait of Hormuz, saying that instead, Iran should pay the US. “I see that Representatives of the Islamic Republic of Iran are asking for compensation […]
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Jun 26, 2026 / Tyler Durden
IAEA Chief Confirms Nuclear Inspectors Returning To Iran, No Timeline Given
IAEA Chief Confirms Nuclear Inspectors Returning To Iran, No Timeline Given
For the first time since the US-Iran MoU was signed earlier this month, the International Atomic Energy Agency (IAEA) announced it will have access to Iran for official inspections of the country's nuclear facilities.
However, a precise timeline for when the inspections are expected to commence was not given. "There is an agreement and to comply with that agreement, the IAEA will have to have access and inspect,” UN nuclear watchdog chief Rafael Grossi said at a news conference in...
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Aug 11, 2026 / Tyler Durden
Hegseth Pushes $1.5 Trillion Military Budget As Tribute To Lindsey Graham
Hegseth Pushes $1.5 Trillion Military Budget As Tribute To Lindsey Graham
Authored by Dave DeCamp via AntiWar.com,
US Secretary of War Pete Hegseth called on Congress to approve his request for a $1.5 trillion military budget for 2027 during remarks at a ceremony in South Carolina for the renaming of Joint Base Charleston to Joint Base Lindsey Graham in honor of the late Sen. Lindsey Graham, who died unexpectedly last month.
Hegseth claimed that before he died, Graham told him that the $1.5 trillion request was the best military budget he'd ever seen.
Department of...
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