black market

New Rules for E-Cigarettes May Create Black Market

By Jenn Loro - May 09, 2016 12:08 PM EDT

FDA’s onslaught of recently published e-cigarette regulations is reportedly going to create a black market given the tons of paperwork involved and the ridiculously expensive approval process for each product that costs around millions of dollars. Meanwhile, UK’s Royal College of Physicians advocate the use of e-cigarettes as tobacco substitutes and a way for smokers to quit smoking.

ISIS made $500 Million from Oil Sales, U.S. Official Reports

By Cheri Cheng - Dec 11, 2015 02:15 PM EST

The Islamic State made at least $500 million from black market sales of oil, a U.S. Treasury Official reported on Thursday.

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