FOREIGN NATIONAL ARRESTED FOR ALLEGEDLY TRYING TO CLAIM UIF BENEFITS WITH FRAUDULENT DOCUMENTS
The Department of Employment and Labour (DEL) in the North West has opened a fraud case with the South African Police Services (SAPS) against a foreign national who tried to claim Unemployment Insurance Fund benefits using fraudulent documents earlier today, 21 August 2026 at Rustenburg Labour Centre. Reacting to the arrest, the Acting Chief Director: […]
IRAN CONDEMNS THREATENED US SANCTIONS AS ‘ECONOMIC TERRORISM’
Iran’s Ministry of Foreign Affairs has strongly condemned the new economic sanctions imposed by the United States against Iran, describing the action as an instance of “economic terrorism” and “crimes against humanity.” In covering the Foreign Ministry statement, IRNA noted that Aug. 19, the day Trump issued his declaration of economic warfare on Iran, was […]
DIESEL/FOOD CRISIS: THE ‘SPREAD’ BETWEEN CRUDE AND DIESEL HAS EXPLODED
While most attention is on the rising price of crude oil, the prices of refined products are far worse, and show the real price effects of “demand destruction” wherein industries and countries cut refined production and thereby squeeze prices up. Paradoxically, this tends to reduce the pressure on crude oil prices to rise: While a […]
CHINA’S GLOBAL TIMES: ‘US HAS SET ITS OWN HOUSE ON FIRE’ WITH ‘D-DAY’ SANCTIONS VS IRAN
A scathing editorial in the Aug. 21 Global Times, the influential semi-official Chinese English-language publication, rips into the Trump administration’s announced “economic D-Day” sanctions against Iran, and Treasury Secretary Scott Bessent’s preposterous demand that China had better “get with the program.” Excerpts follow: “The so-called ‘economic D-Day’ operation is less a new offensive launched by […]