On Wire

Breaking news, updates, and reports on current events.

HMM: China Imposes Limits on Large Transactions After Bank Runs.

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via bnnbloomberg: “The People’s Bank of China this month kicked off a pilot plan in Hebei province that would require retail and business clients to pre-report any large withdrawals or deposits, according to a statement. The two-year program will be expanded to Zhejiang and Shenzhen in October, encompassing more than 70 million people. Chinese lenders are … Read more

Tucker: When you express an opinion our leaders don’t like, they call it violence. When criminals commit acts of actual violence, they call it speech. In other words, the game is rigged.

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When you express an opinion our leaders don’t like, they call it violence. When criminals commit acts of actual violence, they call it speech. In other words, the game is rigged. https://t.co/1VuyVC581Y — Tucker Carlson (@TuckerCarlson) May 30, 2020     h/t  Lla26

FBI chief slams Chinese cyberattacks on U.S., calls it ‘one of the largest transfers of wealth in human history’

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In blistering remarks Tuesday, FBI Director Christopher Wray slammed the Chinese government for its use of espionage and cyber-attacks against the United States. “The stakes could not be higher, and the potential economic harm to American businesses and the economy as a whole almost defies calculation,” Wray said of the Chinese government during an address … Read more

MIC DROP! WH Press Sec McEnany Drops a NUKE on Dems That Will Leave them SPEECHLESS

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https://www.youtube.com/watch?v=CnfmAuQMRvo Marty Walsh from Trending Politics reports, Cities and communities across the country have been damaged and destroyed as some protests have turned into riots. And, countless people have been injured — and even killed — during these “protests.” White House press secretary Kayleigh McEnany was asked about this on Monday and called on Democratic … Read more

Crazy. Corporate bond yields now at record lows even though debt levels have soared to new highs. The Fed has created its own monster.

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Crazy. Corporate bond yields now at record lows even though debt levels have soared to new highs. The Fed has created its own monster. It can't stop buying assets otherwise the whole system will collapse. pic.twitter.com/5wIdsvTpN0 — Otavio (Tavi) Costa (@TaviCosta) July 7, 2020 Buy gold & sell stocks. Thanks for opportunity, Kit. It was … Read more

China claims 10 % of Bhutan territory

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China lights a new fire in Bhutan, claiming more than 10% of the tiny nation… What does it mean for India, neighborhood, and the global balance of power…#CutTheClutter Episode 515 https://t.co/MKIa062TX9 — Shekhar Gupta (@ShekharGupta) July 7, 2020 China is asshole. h/t Pillar of Poland

FBI is opening a new China-related counterintelligence case approximately every 10 hours.

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“We’ve now reached the point where the FBI is opening a new China-related counterintelligence case approximately every 10 hours. Of the nearly 5,000 active FBI counterintelligence cases currently under way across the country, almost half are related to China.” — Hudson Institute (@HudsonInstitute) July 7, 2020 Hudson Institute @HudsonInstitute “We’ve now reached the point where … Read more

Right there… “Pension funds buy stocks, promising to their clients that they will not lose money” – Bloomberg

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Right there.. “Pension funds buy stocks, promising to their clients that they will not lose money” – Bloomberg pic.twitter.com/x4YeoiNCIu — Alessio (@AlessioTMAD) July 7, 2020 FED'S CLARIDA SAYS THERE IS NO LIMIT ON HOW MUCH MBS, TREASURIES THE FED CAN BUY CLARIDA: THERE'S MORE WE COULD DO IN TERMS OF OUR BALANCE SHEET Headlines from … Read more