'Chexit': Global Asset Managers Are Fleeing China

Gold Isn't Returning... Confidence Is Leaving Authored by Mark St.Cyr via AmericanThinker.com, Most people are framing the conversation regarding gold wrong. They talk about gold making a comeback -- as though the metal changed. As though something happened to gold. Nothing happened to gold. Gold is exactly what it has always been. What's changed is the environment around it. And that distinction matters enormously, because it tells you where to look for better insights. For decades, people treated fiat currency as the unquestioned foundation of global finance. Gold became an afterthought -- an inflation...

Beijing Flip-Flops, Asks Banks To Pause Loans To Sanctioned Refiners Days After Ordering Them To Ignore Sanctions Over the weekend, we reported that in what some called a "watershed moment", Beijing ordered Chinese companies 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. Of note, China's refiners - including Hengli Petrochemical (Dalian) Refinery which was sanctioned last month and several other...

State Department Issues Travel Advisory For Mexico Authored by Naveen Athrappully via The Epoch Times, The State Department updated its travel advisory for Mexico on May 29, continuing to warn Americans who plan on visiting the country to be wary of terrorism and crimes. “Many violent crimes take place in Mexico. They include homicide, kidnapping, carjacking, sexual assault, and robbery. There is a risk of terrorist violence, including terrorist attacks and other activity in Mexico,” the advisory said. Overall, Mexico is categorized with a “Level 2—Exercise Increased Caution” designation for travelers. “The U.S. government...