China’s Huawei Stealing U.S. Trade Secrets

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A pedestrian walks past a Huawei Technologies Co. store on January 29 in Beijing, China. (Getty Images)

 

This troubling trend fulfills a specific Bible prophecy.

The United States Justice Department unveiled a list of criminal charges against the Chinese telecom company Huawei last month in the latest acknowledgment of China’s systematic theft of American intellectual property and trade secrets.

Most of the charges were related to Huawei stealing intellectual property from T-Mobile, including the firm’s proprietary phone testing technology. Court documents say Hauwei promised hefty bonuses to any employee who was able to gather confidential information on T-Mobile, encouraging them to send photos and spec sheets to Chinese officials. One Hauwei employee was caught stealing a proprietary robotic arm. Continue reading

Huawei Is Being Targeted Because Of The “Tech Arms Race”, Not The “Trade War”

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Acting U.S. Attorney General Matthew Whitaker answers questions from reporters as he stands in front of Commerce Secretary Wilbur Ross, right, at the Justice Department in Washington on Jan. 28.

 

Huawei is the only company capable of competing with Apple, and it’s also the global leader in the 5G technology that’s expected to take the “Fourth Industrial Revolution” to its next phase. The US fears losing its global monopoly on the internet in general and wireless technologies in particular, especially in what it had previously regarded as its lucrative “captive markets” in the West, so it has an incentive to fearmonger about Huawei’s intentions in order to deter others from doing business with them. It also shouldn’t be seen as coincidental that American ally Poland recently cracked down against an alleged Huawei conspiracy as well, since this sends a trans-Atlantic signal of what the US is after. Continue reading

Is U.S. Geopolitical Strategy Experiencing a Monumental Shift?

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The defining question about global order for this generation is whether China and the United States can escape Thucydides’s Trap. The Greek historian’s metaphor reminds us of the attendant dangers when a rising power rivals a ruling power—as Athens challenged Sparta in ancient Greece, or as Germany did Britain a century ago. Most such contests have ended badly, often for both nations, a team of mine at the Harvard Belfer Center for Science and International Affairs has concluded after analyzing the historical record. In 12 of 16 cases over the past 500 years, the result was war. When the parties avoided war, it required huge, painful adjustments in attitudes and actions on the part not just of the challenger but also the challenged.

– From Graham Allison’s article: The Thucydides Trap: Are the U.S. and China Headed for War?

For the past two years, my geopolitical assumption has been that the Trump administration would more or less continue along with the reckless, shortsighted, and disastrous neocon/neoliberal interventionist foreign policy of the past two decades focused on undeclared regime change and proxy wars across the world, especially the Middle East. Given his strange obsession with Iran, I figured he’d start a conflict there and that this conflict would end up a bigger disaster than Iraq. Continue reading

China Hacks America—and ‘None Goes to Battle’

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Gary Dorning/Trumpet

 

A tiny Chinese microchip may have infiltrated numerous American governmental and military systems, giving insight into how several specific Bible prophecies could come to pass.

It isn’t hard to imagine a time in the near future when great numbers of Americans take to the streets. Maybe the trigger would be another divisive presidential election, with half the nation refusing to accept four more years of an administration they loathe. Maybe the trigger would be impeachment hearings or a particularly controversial decision by “Brett Kavanaugh’s Supreme Court,” such as restricting abortion.

Whatever the spark, it isn’t hard to imagine America’s intensifying domestic tensions exploding into mass riots. Continue reading

New Evidence Of Chinese Spy Hardware Found By Ex-Mossad Investigators; Super Micro Shares Plunge

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A major US telecommunications company found “manipulated” hardware from Super Micro Computer Inc. in its network in August – bolstering claims in a Bloomberg report last week alleging that China installed bugging devices on hardware bought by Apple, Amazon and a host of other companies.

According to a new report by Bloomberg, the unnamed telecom company hired former Israeli Intelligence Corps security expert Yossi Appleboum, now of Maryland-based Sepio Systems, who provided “documents, analysis and other evidence of the discovery” following last week’s report detailing how China’s intelligence agencies had ordered subcontractors to install malicious chips in Super Micro motherboards between 2013 and 2015.  Continue reading

Is There Enough of America Left To Be Saved?

As many readers of this website have noticed, the United States has lost its character and become a dysfunctional society. In place of a largely homogeneous population once united in veneration of the Constitution, there exists today massive diversity which Identity Politics has used to disunite the population into separate interest groups.

No clause or article of the Constitution, nor the Bill of Rights, is safe. The George W. Bush and Obama regimes destroyed two of the most important protections of civil liberty—habeas corpus and due process. Bush declared indefinite imprisonment on suspicion alone without evidence or trial. Obama declared execution of US citizens on accusation alone without due process. The Justice (sic) Department wrote legal memos justifying torture, thus destroying the constitutional protection against self-incrimination. One of the authors of the memos is now a professor of law at UC Berkeley. The other is now a federal judge, indications that respect for the Constitution and enforcement of US and international laws against torture is fading in law schools and the federal judiciary. Continue reading

Russia moving into Libya

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Libyan National Army forces, under the leadership of Maj. Gen. Khalifah Haftar, is pushing for a Russian military presence in eastern Libya. (The Washington Times/File) Photo by: Mathieu Galtier

 

U.S. intelligence agencies are closely monitoring Russian military activities in Libya for signs that Moscow may soon build a military base in the divided North African state.

Intelligence reports indicate that Russia is planning to expand its Syrian bases at Tartus and Hemeimeem to Libya.

The possible Russian move into Libya represents the most recent failure stemming from the policies of President Obama that backed Islamist rebels who overthrew and killed Libyan strongman Moammar Gadhafi in 2011.

Mr. Obama has said that the failure to prepare for the aftermath of the ouster of Gadhafi was the worst mistake of his presidency. Secretary of State Hillary Clinton also came under fire for failing to provide security for Americans who were attacked and killed in Benghazi after Gadhafi’s fall. Continue reading

Trade war threats get real as US and China impose tariffs

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Donald Trump has turned his threats of a trade war into reality. (Photo: AP)

 

US President Donald Trump fired the biggest shot yet in the global trade war by imposing tariffs on $US34 billion ($46 billion) of Chinese imports. China immediately said it would be forced to retaliate.

The duties on Chinese goods started at 12:01 am Friday in Washington (2:01 pm AEST), which was just after midday in China. Another $US16 billion of goods could follow in two weeks, Trump earlier told reporters, before suggesting the final total could eventually reach $US550 billion, a figure that exceeds all of US goods imports from China in 2017.

US customs officials will begin collecting an additional 25 per cent tariff on imports from China of goods ranging from farming plows to semiconductors and airplane parts. China’s officials have previously said they would respond by imposing higher levies on goods ranging from American soybeans to pork, which may in turn prompt Trump to raise trade barriers even higher.

Continue reading

China Industrial Policy Seeks to Steal ‘Crown Jewels’ of U.S. Tech

Xi Jinping

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White House exposes Chinese economic aggression

China’s government is using a multi-pronged strategy to systematically steal advanced American technology as part of economic aggression against the United States, according to a White House report.

The report, based in part on declassified intelligence from the Pentagon and intelligence agencies, provides some of the first public details on China’s industrial policies that have produced the world’s second largest economy, often at the expense of American companies. Continue reading

The U.S. Firms at Risk From China Trade War: QuickTake Scorecard

 

U.S. companies need to prepare for greater tension between the Trump administration and China. U.S. Commerce Secretary Wilbur Ross opened high-level economic talks on July 19 by scolding China over its trade surplus. That doesn’t necessarily signal a trade war is imminent — the two countries have come through other rocky patches since Donald Trump became U.S. president. Still, Trump is weighing whether to restrict imports of Chinese steel and aluminum, a move that could prompt retaliation from President Xi Jinping. Such tit-for-tat actions could lead to a Chinese backlash against American businesses. The following are among those most at risk:

1. Hollywood

The movie studios want more access to China, where foreign releases accounted for 61 percent of box office sales in the first half of 2017. China allows about three dozen foreign films to be imported on a revenue-sharing basis — with the studio only getting 25 percent. Hollywood wants a higher number of imports and better revenue splits. Negotiations are ongoing and the U.S. could take China to the World Trade Organization if the two sides don’t reach an agreement by the start of 2018. Continue reading

Files released by WikiLeaks show advanced CIA collection methods

As we all know by now:

 

Thousands of documents belonging to the United States Central Intelligence Agency, which were released on Tuesday by the international anti-secrecy website WikiLeaks, are almost certainly genuine. They reveal an entire universe of technical intelligence collection methods used by the CIA to extract information from digital applications and electronic devices, ranging from flash drives to smart screen televisions. WikiLeaks named the collection Vault 7, and said that it consists of nearly 8,000 web pages and 1,000 attachments. It also said that its editors redacted hundreds of pages of computer code, in order to prevent the public release of advanced cyberweapons that are allegedly used by the CIA to sabotage electronic devices and systems. Continue reading

Expert Jim Rogers Says US is Desperate for Deutsche Bank Funds

The main reason the US government wants $14 billion in penalties from the German bank is that it is deep in debt. They’ve got a gigantic deficit – they are desperate for money. They’ll try to get it anywhere they can, Jim Rogers, financial commentator and investor, told RT.com.

Germany’s Deutsche Bank reportedly failed to reach an agreement with the US on settling a massive fine. The bank is facing a $14 billion fine penalty from the US Justice Department for mis-selling mortgage securities in the run-up to the 2008 financial crisis. Continue reading

US accused of waging economic war on Deutsche Bank

Global Geopolitics called it, you witnessed it: The United States and Germany, though the European Union it dominates and runs, are locked in economic warfare against one another.

It’s a very dangerous game America is playing by trying to gut the largest economy in the world, the European Union, especially when nations are beginning to jump to the Sino-Soviet bloc.

 

German parliament’s economics committee chairman Peter Ramsauer says he believes the $14 billion fine being leveraged against Deutsche Bank is part of a long US tradition of waging trade and economic war.

  • Ramsauer to Welt am Sonntag: Washington has a “long tradition” of waging trade wars, if they are favorable to the US economy, and the Deutsche Bank case is an example of that.
  • “The threat to force Deutsche Bank to pay a $14 billion fine over its mortgage-backed securities business before the 2008 global crisis has the characteristics of an economic war.”
  • “Extortionate damages claims” in the case are an example of that.” Continue reading

Deutsche Bank – The Meltdown Crisis

Most people don’t see a crisis. Out of the minority that does see it, a majority of that doesn’t see it for what it is: Economic warfare between the United States and the EU, mainly Germany.

Germany hit the NSA with a manufactured scandal. America then retaliated with sanctions on Volkswagen. Germany then retaliated through EU channels and began launching hits on Google, Facebook, Microsoft, Apple, etc… and all the other big companies doing business out there — which now leads us to the hit on Deutsche Bank.

To hear the words “Germany” and “instability” today in the same sentence is unheard of and absurd but that’s the world we now live in. Switzerland used to be one of the, if not the most, sound financially nations in the world. Now it’s gutted just as badly as Germany is being gutted. Note that the estimated fines on both Volkswagen and Deutsche Bank eerily mirror what can be found on their balance sheets.

 

Ten of the large hedge funds are withdrawing from Deutsche Bank. What must be understood here is that Deutsche Bank is the main clearing house for trades in Europe. The problem the hedge funds have is where do they move for clearing? Short-term, they can move to New York or London. With over $60 trillion derivative book at the Deutsche Bank, the government is totally incapable of even understanding how to deal with this crisis. We are looking at a major crisis in confidence.

Merkel is simply out of her mind to adhere to this insane policy of a bail-in. How can hedge funds stay with clearing at Deutsche Bank when she takes this position that would set off a catastrophic global meltdown. It still appears that Merkel will have to blink. Once people realize this is the real crisis, then the German debt market should turn down rather hard. Continue reading

IMF Concedes Central Banks Are Doomed

 

The International Monetary Fund (IMF) has warned at the G20 summit in Hangzhou, China, that in the face of crises, the refusal to reform how things are functioning will lead to economic weakness in the global economy. “The latest data show subdued activity, less growth in trade and a very low inflation, suggesting an even weaker global economic growth this year,” the IMF told G20 leaders.

Indeed, we are looking at 2016 coming in as the fifth consecutive year in which global growth will be below the average of 3.7% which prevailed between 1990 and 2007. The IMF said: “Without strong political countermeasures the world could suffer a disappointing growth” for several years to come. Christine Lagarde told world leaders: “Even in the longer term the outlook remains disappointing.” Continue reading