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Why China is on track to replace the US as the world’s financial center

The US’ status as the global financial hub is under threat due to brazen corporate greed and self-harming government policy Holdings of Chinese government bonds rose in January, according to a February 12 report by Reuters citing official data, despite the fact that yield premiums have substantially narrowed between US and Chinese government debt. These […]

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US nuclear reactors contain ‘fake’ parts, watchdog finds

The investigation followed whistleblower allegations about the use of counterfeit items in ‘most, if not all’ plants An unspecified number of US nuclear power plants contain counterfeit parts that could potentially lead to “serious” safety risks, an investigation by the federal nuclear industry watchdog has found. The new report revealed that the Energy Department (DOE) […]

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12 major US cities broke murder records in 2021 – senator

Republican senator blames ‘soft on crime’ Democratic leaders Twelve major American cities experienced record-breaking homicide numbers in 2021, Senator Ted Cruz (R-Texas) revealed during a Republican press conference earlier this week. The senator blamed “soft on crime” Democratic leaders, noting all 12 cities were run by party members. “Crime is surging across this country,” Cruz […]

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China rebukes ‘tool of US hegemony’

Beijing says the regional Quad talks were created to “besiege” the country Beijing said on Friday that the Quadrilateral Security Dialogue (the Quad), a format for annual consultations between the US, Australia, India, and Japan, is “essentially a tool for containing and besieging China [in order] to maintain US hegemony.” “It aims to stoke confrontation […]