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78%  
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Keyword: freezeaccounts

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  • After Court Victory for Freedom Convoy, Canadians Ready to Sue

    02/09/2024 6:06:30 PM PST · by george76 · 5 replies
    Epoch Times ^ | February 07, 2024 | Matthew Horwood
    Following a federal court ruling against the Canadian government for using the Emergencies Act during the trucker convoy, several plaintiffs plan to sue.. Several Freedom Convoy protesters, buoyed by a recent victory in Canadian federal court, said they’re preparing to sue the federal government, banks, and the police that brought the 2022 protest to a heated end. “I think it’s the second phase to what took place with the federal court case,” military veteran and plaintiff Eddie Cornell said. “We’ve got a big hill to climb, but it’s something that’s necessary. It has to be done.” On Jan. 23, Federal...
  • EU explores account freezes to prevent runs at failing banks

    07/29/2017 8:45:08 AM PDT · by george76 · 10 replies
    Reuters ^ | JULY 28, 2017 | Francesco Guarascio
    European Union states are considering measures which would allow them to temporarily stop people withdrawing money from their accounts to prevent bank runs ... The move is aimed at helping rescue lenders that are deemed failing or likely to fail, but critics say it could hit confidence and might even hasten withdrawals at the first rumors of a bank being in trouble. The proposal, which has been in the works since the beginning of this year, comes less than two months after a run on deposits at Banco Popular contributed to the collapse of the Spanish lender. It also come...