Authored by Charles Hugh Smith via The Daily Reckoning blog, To understand why the financial dominoes toppled by the Covid-19 pandemic lead to global insolvency, let’s start with a household example. The point of this exercise is to distinguish between the market value of assets and net worth, which is what’s left after debts are subtracted from the market value of assets. Let’s say the household […]
Ruling
18 posts
A federal appellate court handed the Trump administration a stinging loss in its ongoing battle against sanctuary cities on Tuesday. A three-judge panel in the Court of Appeals for the First Circuit ruled that Attorney General William Barr does not have the authority to deny federal law enforcement grants to states and cities that maintain laws protecting undocumented immigrants from deportation. The controversy stems from a […]
The Telegram messaging platform has appealed a U.S. court ruling prohibiting it from distributing its gram cryptocurrency. U.S. District Judge P. Kevin Castel of the Southern District of New York said Tuesday that Telegram’s 2018, $1.7 billion token sale appeared to be an unregistered securities sale, and barred the company from issuing grams after it launches its Telegram Open Network. The ruling granted a preliminary injunction […]
Singapore’s government said on Wednesday it was not ruling out holding a general election during the coronavirus outbreak in the city-state, saying strong leadership was needed in a crisis. Singapore, which must hold a ballot by early 2021, revised its electoral boundaries earlier this month, in a move typically seen as a precursor to calling a vote. Some opposition parties have urged against an election due […]
A federal court on Tuesday ruled that a lawsuit brought by a literary advocacy group was allowed to go forward. The group accused President Donald Trump of violating the First Amendment by using the powers of his office to retaliate against media entities over coverage he disliked, In a 24-page opinion, U.S. District Judge Lorna G. Schofield denied a government motion to dismiss the case, reasoning […]
Dueling press reports and statements have created major confusion over the upcoming primary vote in Ohio – where the governor promised to delay the vote over fears of Covid-19, while a judge struck down the request. As such, @DrAmyActon will order the polls closed as a health emergency. While the polls will be closed tomorrow, Secretary of State @FrankLaRose will seek a remedy through the courts […]
India 09:34 GMT 10.03.2020Get short URL New Delhi (Sputnik): India’s opposition Congress Party barely managed to form a government in Madhya Pradesh after the provincial legislature elections in 2018, with Kamal Nath as Chief. But a faction of the legislators, led by Jyotiraditya Scindia was unhappy, with his claim to the leadership ignored by the party. On Tuesday, the crisis-ridden Congress Party received a jolt, when […]
Riots In India During Trump’s Visit Expose Brutal Nature Of Indian Ruling Class By Adam Pal, Marxist.com March 7, 2020 Riots In India During Trump’s Visit Expose Brutal Nature Of Indian Ruling Class2020-03-072020-03-06https://popularresistance-uploads.s3.amazonaws.com/uploads/2017/12/popres-shorter.pngPopularResistance.Orghttps://popularresistance-uploads.s3.amazonaws.com/uploads/2020/03/screenshot-96-e1583553434951.png200px200px Above Photo: Syeda Zainab Trump’s visit to India on 24-25 February saw deadly riots in Delhi in which at least 46 people were killed, while hundreds were injured. Many houses, shops and religious buildings […]
While the Indian cryptocurrency industry has won a court battle over a central bank-brought block on banking access, the war may not yet be over. The Reserve Bank of India (RBI) – which issued an order to cut off crypto firms from the country’s financial system in April 2018 – now says it plans to return to the supreme court to fight the Wednesday ruling that […]
Ajit Tripathi, a CoinDesk columnist, is an entrepreneur and crypto co-host at the Breaking Banks Europe Podcast. Previously, he served as a Fintech Partner at ConsenSys and a co-founder of PwC’s UK Blockchain Practice. On Wednesday, the Supreme Court of India overturned the Central Bank’s ban on trading in virtual currencies. This order is clearly a major victory not only for the digital asset industry but […]
Congress cannot enforce its duly-authorized subpoenas against the executive branch using the judicial branch, according to a blockbuster federal court ruling released late Friday afternoon that shocked and appalled several legal experts. In the case stylized as Committee on the Judiciary v. Donald F. McGahn, the U.S. Court of Appeals for the District of Columbia ruled that former White House counsel Don McGahn did not have to […]
June 2010, 15-year old Sergio Hernandez was playing a game with his friends in Ciudad Juarez, Mexico when a U.S. Border Patrol officer Jesus Mesa shot him in the face, killing him instantly. Mesa fired from El Paso, Texas on the American side of the border into Mexico. In court, he claimed that the teenage boy had attacked him, pelting him with stones, and he feared […]
India 09:59 GMT 26.02.2020Get short URL New Delhi (Sputnik): India’s federal Election Commission earlier ordered the removal of a junior minister in Narendra Modi’s ministry and a ruling BJP lawmaker from the list of star campaigners for the February legislative assembly elections in the national capital for what has widely been perceived as hate speech during campaigning. Police in the Indian national capital earlier probed the […]
Authored by Michael Krieger via Liberty Blitzkrieg blog, There are several reasons I spend so much time discussing and analyzing the current state of affairs. The primary motivation, aside from a drive to share personal opinions and spread awareness, is to encourage people to think critically. I don’t want readers to agree with everything I say, I want people to become inspired to think for themselves. […]
President Donald Trump has proposed a number of outside-the-box solutions to combat illegal immigration from Mexico, reportedly including fortifying the southern border with a snake and alligator-filled moat, erecting an electrified fence, and suggesting that U.S. officials shoot migrants in the legs to slow them down. The moat and electric fence never ideas came to fruition (despite reports that administration aides sought out cost estimates), but […]
Europe 20:40 GMT 14.02.2020Get short URL In yet another erratic development in Italian party politics, a veteran of both politics and adult entertainment has engaged in a heated row with the dominant political movement in Rome after seeing MP pensions cut. Italy’s most famous adult film celebrity, Ilona Staller, launched a new political party on Friday, pledging to fight the governing Five Star Movement. The 68-year […]
Israeli occupation authorities banned Palestinian farmers from working their own land last month, on the basis that the area “had been declared an antiquities site during the British Mandate period”. According to the report by Haaretz, the Palestinian landowners in question – residents of Al-Mughayyir village in the occupied West Bank – have been farming the area since the 1950s. Brothers Nader and Rasem Abu Aleiyeh […]
A network of pro-Israel lawyers is gearing up to fight the implementation of a European Court of Justice (ECJ) ruling on the labelling of produce from Israeli settlements in the occupied West Bank. According to right-wing news outlet Arutz Sheva, the Lawfare Project and Israel Allies Foundation “are teaming up” to undermine the ECJ decision. The Lawfare Project’s international network includes more than 400 lawyers, and […]