An online lending platform Tang Xiaoseng was shut down by authorities over the weekend. Media warned about the company in 2016 and some have questioned whether it is a legitimate business because it offered extremely high returns to entice investors...
"History is rhyming in China. The government is forcing large banks to lend trillions of yuan for rental housing, at below market rates, to borrowers who can't afford it, and banks are trying to pass of the risk by bundling these loans into asset-backed securities. "
In the latest revelation concerning the "mysterious Maltese Professor," Joseph Mifsud, and his involvement in the "Russiagate" saga, it appears that he was engaging in "pay to play" for the purposes of pushing specific policies on behalf of donors.
"NATO has not lifted a finger to dissipate tensions. Instead, it is rapidly increasing the tempo of military activities near Russia on unprecedented scale, undermining whatever is left of European security. The alliance has made its choice, giving preference to the policy of provocations."