Bibi1581.com Blog: Evening Edition For 2020-02-27 17:36:48 +0000

2…………….> Chinese National Sentenced for Stealing Trade Secrets Worth  Billion

A former associate scientist was sentenced to 24 months in federal prison in federal court today for stealing proprietary information worth more than  billion from his employer, a U.S. petroleum company.

In November 2019, Tan pleaded guilty to theft of a trade secret, unauthorized transmission of a trade secret, and unauthorized possession of a trade secret. From June 2017 until December 2018, Tan was employed as an associate scientist at the petroleum company and was assigned to work in a group with the goal of developing next generation battery technologies for stationary energy storage, specifically flow batteries. In his plea agreement, Tan admitted to intentionally copying and downloading the technologies’ research and development materials without authorization from his employer.

“This investigation and prosecution uncovered another instance of China’s persistent attempts to steal American intellectual property,” said Assistant Attorney General for National Security John C. Demers. “The department of justice will continue to confront this type of illicit behavior to safeguard American industry and protect American jobs.”

“American ingenuity inspires advances in science and technology and drives world markets. Nowhere is that more true than in Oklahoma’s energy industry. Unscrupulous individuals like Hongjin Tan seek to steal American trade secrets to take home to China so they can replicate our technology,” said U.S. Attorney Trent Shores for the Northern District of Oklahoma. “United States Attorneys from coast stand ready to combat China’s economic aggression that criminally threatens American industry.”

https://www.justice.gov/opa/pr/chinese-national-sentenced-stealing-trade-secrets-worth-1-billion

3…………>  Corona-Virus First Case In Hamburg: Stock Markets Diving

Bibi1581.com has been short for days at 29250, with a cumulative gain so far of nearly 2700 points, with Asian indices opening in the red on Friday after a brutal day’s trade in Europe and the US as corona-virus continues to spread, as Hamburg confirmed the city’s first case, while major stock market indices in US and Europe dropped by an average of 4%.

Hamburg confirmed it first case of COVI-19 as infections in Germany and France doubled over the last two days, China reported 327 new cases on Thursday, the lowest daily figure since January, number of South Korea cases cross over 2,000 — the highest outside China, and the World Health Organization has said the corona-virus epidemic was at a decisive point

At least 82,500 people have now been infected globally, with over 2,800 dead.

02:25 Nigeria on Friday said it has confirmed a corona-virus case, the first in sub-Saharan Africa. The country’s health ministry said the case was confirmed on Thursday in Lagos state.

Federal Ministry of Health, NIGERIA

✔

@Fmohnigeria

The Federal Ministry of Health has confirmed a coronavirus(Covid-19) case in Lagos State Nigeria. The case which was confirmed on 27/02/2020 is the first case to be reported in Nigeria since the beginning of the outbreak in China in January 2020 @WHO @BBCWorld #CoronaVirusUpdates

https://p.dw.com/p/3YYzY

4…………> A Bear On Wall Street: Bibi1581.com Short At 29250

US stock lap-dogs took a long overdue dive, after years of cuddling by Washington-swamp “New World Disorder”, endless money printing “Deep State” insiders, closing the day more than 1,100 points in the red, using the massive sell-offs on prolonged fears of the COVI-19 corona-virus’s effects on the global economy, as the “Fake News” media never mentioned the trillions of paper dollars the Wall Street billionaires incubator, and their Fed stooges flooded the markets with, loading every American person with brand new $45,000 of debt that would never be repaid.

The Dow Jones Industrial Average Index ended up the day with a loss of 1,190.95 points and the S&P 500 with a 137.63-point loss, with he Nasdaq Composite falling by 414.30 points.

“We’ve hit a pocket of fear,” Gregory Faranello, head of US rates trading at AmeriVet Securities, told CNBC. “This is a big deal … If this flows into the US, we could be in trouble, because, let’s face it, the US consumer is what’s holding this thing together.”

Really? If you are confused what is happening around you, read George Sorbane’s book “The Endless Beginning” about how the”silent takeover” of the US government was procured during the last years of the administration of our beloved 1st Muslim President, Grand Ayatollah Barack, “We must spread freedom around the world by reading our citizens email” Obama, “May Allah Shadow fall upon him”, as the 4th branch of US government was established, that is the unelected, invisible, answerable to no one Federal Reserve Bank, allowed to reduce rates to zero world-wide in support of the global middle class, and print deluge of money without any oversight by Congress.