After Divorce, I Can Hear the Future Chapter 796: Old and Unyielding, a True Monster

"OFAC, this departnt is the functional body involved in formulating and implenting sanctions policies, subordinate to the Treasury. Delii can apply for andnt Article 31 through mortgage to temporarily unfreeze the funds."

In the life of an Arican citizen, there are three inescapable things: birth, death, and taxes.

The power status of the IRS in the United States is no less than the Jinyi Guard and Eastern Depot at their peak during the Ming Dynasty.

Superman Li dare not assert that he can 100% help Delii unfreeze funds, but he can take an alternative path.

Lu Liang only needs to make a small sacrifice to make the two major subordinate departnts of the Treasury clash with each other.

OFAC was established in 2011, the year Ma Ao represented and led the United States in the Trans-Pacific Partnership Agreent, also known as the ’Return to Asia-Pacific Strategy’, mainly to curb the economic developnt of several East Asian countries.

Under this background, OFAC was born, primarily responsible for issuing, managing, and enforcing economic and trade repression against countries and personal groups.

At that ti, Ma Ao’s move was more of a precautionary asure.

However, the leadership of OFAC at the ti clearly misunderstood, adhering to an approach of "better to kill by mistake than let go", began to a large-scale crackdown on East Asian enterprises in the US, including but not limited to frozen funds and forced improvent of the welfare of factories in the US.

East Asian countries were forced into a corner and had to once again propose the concept of a free trade zone, which was historically the closest to success.

The United States realized the situation and felt it was going awry.

After all, through the establishnt of the free trade zone, Neon can escape the cycle of being "shorn" by the US, East Country can mitigate the impact of US dollar depreciation on exports, and Korea can also achieve a certain degree of independence.

The three countries joined forces, accounting for 26% of the global economic volu. Not to ntion one United States, even if Europe and Arica combined, they couldn’t stop the economic surge of the East Asia circle.

Moreover, if the collaboration among the three countries continues to deepen, abandoning the US dollar as the settlent currency, then the US dollar hegemony would be completely cooled down, so the free trade zone project absolutely cannot succeed.

Thus, Ma Ao swiftly patched up, fixing the bugs.

For example, the head of OFAC was dismissed, and andnts were initiated, adding 32 new laws, among which Article 31 was the most crucial.

To ensure the normal developnt of enterprises in the United States, if funds are frozen by any departnt, they can use Article 31 of the andnt to apply for a loan from OFAC under the guise of collateral, with an annual interest rate normally around 2%.

If the frozen funds of the enterprise amount to 100 million US Dollars, a loan of 100 million can be applied for, and if it’s 1 billion, a loan of 1 billion can be applied for.

OFAC will negotiate with the departnt that froze the funds to investigate and understand the situation.

The interest incurred during this period does not need to be borne by the enterprise, and OFAC will only collect it in one go after the funds are unfrozen.

Following the andnt of the law, the financial minister of Neon committed suicide at ho, and the US has been frequently ntioning North Cold to prevent the warming of relations between the two countries.

After a series of asures, the once widely popular free trade zone of the three countries could only end without success.

"Since then, OFAC was downsized to near extinction, only to be reappointed in April this year."

Superman Li raised his teacup, sniffing the faint aroma of tea at his nose, took a gentle sip, and revealed a satisfied smile.

He is a Chaoshan person with a deep knowledge of tea.

This tea is quite good.

Superman Li paused for a mont, placed down the teacup, "OFAC has been idle for too long and desperately needs an opportunity to perform."

Even the strongest countries are not monolithic. The internal situation of the Treasury is sowhat like Xiangjiang a few months ago.

At that ti, when Lu Liang first arrived, if he chose to develop the Xiangjiang market with a steady and sure approach, it would take at least a few years to make certain achievents.

However, such developnt was too slow, so he chose to challenge the strongest local forces in the market to prove his strength and quickly establish his foothold.

OFAC is the sa, as a departnt reactivated and entrusted with heavy responsibility.

Nobody knows how great its power is or how much resource it can mobilize, it urgently needs an opportunity to prove itself.

The best way for them is to challenge the authority of the IRS to indirectly prove their strength.

Lu Liang pondered for a long ti and asked, "Does OFAC have the guts? It is facing the IRS." Newest update provided by novel•fire

Superman Li sighed, "Curtailing East Country developnt has beco the most correct behavior in US political circles."

Lu Liang instantly understood and asked respectfully, "Mr. Li, do you have any good suggestions or friends?"

Suppression of East Country developnt has beco a kind of political correctness in the political arena, so the power of departnts responsible for policy formulation and execution would be infinitely magnified.

Dare they not?

The answer is yes!

Superman Li smiled and nodded, "I have a friend nad Terence Paul, Deputy Director of the Treasury, concurrently serving as the head of OFAC, he should be willing to help with this."

Lu Liang asked again, "Mr. Li, how do you want Delii to cooperate with Cheung Shing?"

Superman Li said, "Cheung Shing intends to spin off all the port shipping business, with an initial market valuation of about 28 billion US Dollars, currently there is still a funding gap of 5.6 billion US Dollars..."

In the evening, Superman Li left Tianxing Financial Building contentedly with his son Li Zhikai.

Seemingly sensing sothing, before getting in the car, he hunched over and looked up at the top floor of the building, revealing a trace of a smile.

At the sa ti, Lu Liang stood by the window, watching the vehicles leave expressionlessly until they rged into the traffic and disappeared.

He turned to look at the cooperation intent on the table, showing a look of lancholy, lanting, "Old but not dead is a monster."

Ninety-year-old Superman Li has been active in the business world for more than half a century.

Even though Mr. Lu has influence, Superman Li has a request for him, but during this period, Mr. Lu is always being led by the nose.

Ninety years lived without regret, the old fox has thoroughly studied the political ecology and legal clauses of various countries.

After pondering for a mont, Mr. Lu put away his lancholy and called Hilt to inquire about the feasibility of Superman Li’s suggestion.

Hilt was taken aback and couldn’t help but ask a question similar to Mr. Lu’s: "Does OFAC have such great authority?"

"Wait a few days for Wen Chao to go to New York, then you can try again. If it succeeds, great. If not, there’s no loss."

After ending the call, Mr. Lu summoned Wen Chao, who was handing over work with Li Junwei, to inform him of Superman Li’s proposal.

Unlike Hilt, Wen Chao didn’t even ask, demonstrating 100% trust in Mr. Lu.

Because he believes that since Mr. Lu adopts Superman Li’s plan, there must be feasibility, and they just need to execute it.

In the following days, Mr. Lu failed to et the expectations of the Hong Kong dia, remaining silent as if he wasn’t there at all.

Standard Chartered Bank was the first to lose patience, and the then-CEO, He Jiafan, personally visited.

"Mr. Lu, with HSBC retracting their business, what actions does Tianxing plan to take?" he asked.

HSBC assud a defensive posture,

Bank of China stays out of worldly affairs,

Where should Standard Chartered go?

To be honest, Standard Chartered wants to encroach on HSBC’s market but doesn’t dare to offend Tianxing.

So they sent He Jiafan to sound out the situation, hoping to clearly divide the market to avoid unnecessary conflicts.

Mr. Lu chuckled, softly asking, "Mr. He, do you think HSBC is more important to , or the Xiangjiang Market?"

"HSBC?"

He Jiafan pondered for a while before responding.

Seeing Mr. Lu shaking his head,

He added, "A stable and prosperous Xiangjiang!"

Since HSBC assud a defensive posture, foreign forces have all retreated, bringing long-lost peace to Xiangjiang.

No demonstrators are seen on the streets, and even if there are, they are unorganized and undisciplined, dispersing quickly.

As a result, there is a popular theory that Mr. Lu was sent by East Country to rectify the chaos in Xiangjiang.

Because in a normal capitalist society, power controls everything, and capital controls power.

Due to so historical legacy issues, Xiangjiang’s power and capital belonged to two incompatible factions.

But with the New World battle, HSBC was repelled by Tianxing, and Xiangjiang’s power and capital began to converge.

This is why a prosperous and stable situation has erged.

Mr. Lu was speechless, smiling as he said, "Mr. He, how co you also like conspiracy theories like those third-rate tabloids?"

He dared to say with confidence that Tianxing Finance settling in Xiangjiang has nothing to do with the mainland.

As for whether the mainland has taken the opportunity, that’s none of his business.

"HSBC and Xiangjiang are not important to , but the absence of HSBC is very important to ."

Mr. Lu smiled as he provided the answer to the question.

Tianxing Finance settled in Xiangjiang only to facilitate easier access to international markets.

But he doesn’t like having a giant occupying his base.

If he could completely eliminate HSBC,

He would have done it already.

But as one of only three holding the right to issue currency,

Striking HSBC to death is definitely impossible.

Now that HSBC is self-castrating, it’s a good thing, and Tianxing has no reason to act against them again.

The goal has been achieved, and Tianxing’s next focus is to fully prepare for the best opportunity to set sail.

He Jiafan, thoughtfully probing, asked, "So Standard Chartered developing the market, Tianxing won’t stop it?"

Mr. Lu laughed and said, "Mr. He, such matters you shouldn’t ask , you should ask Chen Jiebin, he is the number one."

"Understood, understood." He Jiafan was delighted to receive a definite answer and could finally report back to the board of directors.

After exchanging a few polite words, he cupped his hands in farewell to Mr. Lu, and as he turned to leave, Mr. Lu’s voice ca from behind.

"Mr. He, it’s enough to make so money, don’t let Standard Chartered get involved in too many aningless troubles."

He Jiafan felt a chill in his heart and quickly assured, "Please rest assured, Mr. Lu, Standard Chartered is not the sa as HSBC."