Nancy Pelosi criticised for including son in Taiwan delegation
Borqs’ filings with the US Securities and Exchange Commission from June 2021 show that Paul Jnr. acquired 700,000 shares of Broqs Technologies as part of an “employee benefit plan”. But his name does not appear among the company’s 10 major shareholders in an SEC filing submitted on May 2, 2022.
China’s state-run China Petrochemical Group, Sinopec, says it has discovered a massive oilfield in the Tarim Basin, containing 1.7 billion tons of oil reserves.
The discovery is the result of exploration in the Shunbei oil and gas field, said to be one of the deepest commercial fields in the world, in the country’s Xinjiang region.
China Heralds Another Major Oil Discovery
Related:
Chinese Oil Giants Sinopec And PetroChina To Delist From NYSE
The Energy Industry in Xinjiang, China: Potential, Problems, and Solutions
Vast oil deposits discovered in Xinjiang
I’m sure Halliburton would love to get their hands on that oil! Oh wait, that was Iraq!
from the that’s-not-how-any-of-this-works dept
Mon, Aug 8th 2022 09:36am – Mike Masnick
As I type this, I’m sitting in a (fairly uncomfortable) chair in the lobby of a Holiday Inn, having read through nearly 300 pages of legal filings of sniping between Elon Musk (165 pages) and Twitter (127 pages) trying to figure out how to best explain what’s in the filings in a meaningful and accurate way. Because the media coverage of this case continues to suck. For example, you may have heard that Elon Musk “countersued” Twitter. Headlines blasted that left and right and Musk’s fans lapped it up. I saw multiple tweets claiming that Musk was going to cost Twitter “so much” money by suing them back.
Elon Musk Still Wants Everyone (Including The Judge) To Believe His Fight With Twitter Is About Spam. It’s Not
Exclusive: The Fugitive Who Tried to Spark a US-China War
Guo’s intelligence handlers, Ma and Zhou, were allies of Ling Jihua, who was former President Hu Jintao’s chief of staff. The crucial link between Ma and Ling was provided by Sun Zhengcai, the former party secretary of Chongqing, also a Politburo member.
As we’ve seen, Zhou, Ling, and Sun all ended up in jail – targets of Xi’s anti-corruption campaign. But, remarkably, not Guo – who according to former Chinese government officials was Ma’s MSS agent in charge of special ops overseas.
Guo’s job in 2012 was to sabotage the ascension of Xi by spreading an array of fake news in China and among the Chinese diaspora. That failed.
Nonetheless, Guo remained at work as an MSS agent until at least October 2021, according to well-placed Chinese sources. Considering his recent activities and the fact he was lavishly embraced by prominent US China hawks, it appears that his assignment was to cause maximum damage to US-China relations, arguably derailing them to a point of no return.
Links behind paywalls (all but a few that I weren’t archived):
Read More »As for Bannon’s financial patron, Guo Wengui, he is now officially declared bankrupt but still living in the United States. Given his role in sponsoring a failed coup in the U.S., one would think that the authorities might be considering extraditing him to China where he is wanted on serious corruption charges. That doesn’t appear to be a likely outcome. Why not? It seems that Guo’s anti-China views and broadcasts to the Chinese-American diaspora are too useful for the U.S. establishment in pursuing its hostile policy towards Beijing.
Washington’s hostile agenda against China (dressed up as a purported security threat) is evidently a much bigger priority than defending its own democratic institutions.
Wrong GTV, I believe.
Related:
A Fugitive Chinese Mogul Spent Big to Overturn the 2020 Election
The new information shows that Guo played a previously unreported role in financing the promotion of false election fraud claims in the immediate aftermath of Trump’s defeat. Guo’s spending on these efforts was not against the law. But Guo—a divisive figure with extensive legal problems—had ample reason to seek Trump’s favor. Guo is pursuing political asylum in the United States. If denied, he could face deportation and probable imprisonment in China. He was then, and remains, under investigation by US federal prosecutors for possible fraud and other malfeasance. Since 2020, the US Security and Exchange Commission has also been investigating his role in what it has said was an illegal public offering by a Guo media company. The SEC forced three companies linked to Guo to pay a $539 million settlement last year. According to two sources with knowledge of the probe, the commission is continuing to investigate Guo personally.
Guo has also been accused in lawsuits filed by former business partners and Chinese dissidents of working as a Chinese agent while posing as a CCP critic. No court has ruled on the legitimacy of those allegations, and Guo denies them. He denies all allegations of fraud and other wrongdoing, as well.
RIO DE JANEIRO – Four-plus years after the assassination of Rio de Janeiro councilwoman Marielle Franco (38), social media giant Facebook has yet to provide investigators with the full stored data of Internet users who visited her social media account prior to the double homicide.
Big Tech Keeps Withholding Data that Could Help Solve Assassination of Rio de Janeiro Councilwoman Marielle Franco
Nancy Pelosi’s husband buys millions worth of Nvidia stock ahead of chip-manufacturing bill vote
It’s worth noting that Nvidia designs their owns chips, but hires other companies to manufacture them and likely would not directly receive benefits from subsidies related to this congressional bill.
Related:
Newly sworn-in SEC commissioner is former Pelosi aide
Chips and Dip: Congressional Trading in the Semiconductor Industry since 2020
The whale had to separate Speak Pelosi and Rep. Kim Schrier’s huge AAPL sell offs, as they make their House colleagues’ trades look like peanuts.
By Pam Martens and Russ Martens, July 15, 2022
Yesterday afternoon, Mark Bialek, the Inspector General of the Federal Reserve, released a memorandum clearing Fed Chair Jerome Powell and former Fed Vice Chair Richard Clarida of wrongdoing in the trading scandal that has engulfed multiple officials of the Federal Reserve.
The Fed’s Inspector General Clears Jerome Powell of Wrongdoing in the Trading Scandal, One Day After Five Senators Accuse Him of Hampering the Investigation
Related:
By Pam Martens and Russ Martens: June 20 , 2022 ~
On June 7, Senator Kirsten Gillibrand, a Democrat from New York who sits on the Senate Agriculture Committee which oversees commodities, and Senator Cynthia Lummis, a Republican from Wyoming who sits on the Senate Banking Committee which oversees Wall Street and trading, introduced a bill as an early Christmas present to the crypto industry. It carries the Alice in Wonderland title of the Responsible Financial Innovation Act.
After Crypto Money Piled into Campaign Coffers of Senators Lummis and Gillibrand, They Introduced a Sweetheart Legislative Bill for Crypto
Ms. Cat’s Chronicles 
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