advertisement
Forums

 

AAPL stock: Click Here

You are currently viewing the 'Friendly' Political Ranting forum
Huawei CFO arrested in Canada....
Posted by: NewtonMP2100
Date: December 06, 2018 08:12AM
....for allegedly violating U.S. sanctions.....this is regarding sales to Iran......


.....this is fueling trade war worries so the stock market is dropping/will drop.....


Huawei C.F.O. Is Arrested in Canada for Extradition to the U.S.

....A top executive and daughter of the founder of the Chinese tech giant Huawei was arrested on Saturday in Canada at the request of the United States, in a move likely to escalate tensions between the two countries at a delicate moment.

The arrest of Meng Wanzhou, the chief financial officer, unfolded on the same night that President Trump and President Xi Jinping of China dined together in Buenos Aires and agreed to a 90-day trade truce. The two countries are set to begin tense negotiations in hopes of ending a trade war that has been pummeling both economies.

Those talks now face an even steeper challenge. The aim will be for the United States to ease its tariffs; in exchange, China will be expected to lower trade barriers and further open its markets to American businesses.

What’s more, Ms. Meng’s detention raises questions about the Trump administration’s overall China strategy. Beijing is now likely to pressure Canada to release her and to press the United States to avoid a trial.

“The arrest of a family member linked to Huawei’s founder indicates how the tension between the two sides is rapidly escalating,” said T.J. Pempel, a professor of political science at the University of California, Berkeley, who specializes in East Asian politics and economy.

Ms. Meng, who joined Huawei in 1993 and is also a deputy chairwoman, was taken into custody in Vancouver on Dec. 1, said Ian McLeod, a spokesman for Canada’s Justice Department. He said she was “sought for extradition by the United States” but did not give a reason for what prompted the arrest. He added that a publication ban requested by Ms. Meng prevented him from providing any further details. A bail hearing has been set for Friday.

Senator Ben Sasse, a Republican of Nebraska, linked the arrest to the American sanctions against Iran.

Mr. Sasse said China had been “working to creatively undermine our national security interests, and the United States and our allies can’t sit on the sidelines.” He added that “Americans are grateful that our Canadian partners have arrested the chief financial officer of a giant Chinese telecom company for breaking U.S. sanctions against Iran.”

Huawei, China’s largest telecom equipment maker, has been under investigation into whether it had broken American trade controls to countries including Cuba, Iran, Sudan and Syria.

This year, the Treasury and Commerce Department also asked the Justice Department to investigate Huawei for possibly violating economic sanctions against Iran, according to an official who spoke on the condition of anonymity because he was not authorized to discuss the investigation. Prosecutors in the Eastern District of New York took on the case, he said.

In response, a spokesman for the Chinese embassy in Canada said in a statement that “the Chinese side firmly opposes and strongly protests over such kind of actions” and urged the authorities “to immediately correct the wrongdoing and restore the personal freedom of Ms. Meng.”

Huawei said in a statement that Ms. Meng was arrested while changing planes in Canada and that she faced unspecified charges from the Eastern District of New York.

“The company has been provided very little information regarding the charges and is not aware of any wrongdoing by Ms. Meng,” Huawei said, adding that it complies with all laws where it operates.

Press representatives for the Justice Department and the United States Attorney’s Office in the Eastern District of New York declined to comment. The White House did not immediately respond when asked if Mr. Trump was aware of the detention during his dinner with President Xi.

Julian Ku, a professor at Hofstra University Law School, wrote on Twitter that the move was justifiable. “US law prohibits exports of certain US-origin technologies to certain countries,” he said. “When Huawei pays to license certain US tech, it promises not to export to certain countries like Iran. So it is not unreasonable for the US to punish Huawei for flouting this US law.”

The arrest meets several major foreign policy aims of the Trump administration. American officials have sought to persuade other nations to curb business ventures with Huawei because of security concerns. The White House has also focused on tightening and enforcing economic sanctions on Iran, months after Mr. Trump announced he was withdrawing from a multinational agreement reached under President Barack Obama’s administration to freeze Iran’s nuclear program.......


arrested...............extradited...........?!



____________________________________________________

I reject your reality and substitute my own!



Edited 1 time(s). Last edit at 12/06/2018 08:13AM by NewtonMP2100.
Options:  Reply • Quote
Re: Huawei CFO arrested in Canada....
Posted by: samintx
Date: December 06, 2018 08:42AM
Has the "shoe" hit the fan for 45? With this arrest, market futures down today (not to mention 1000 drop earlier) 400+, Flynn info coming out a couple of days ago, Hotel scam, all the little things and big things seem to have hit the fan in December. Happy Holidays Mr. Individual #1.

PS: Tweets seem to have slowed from the WH. Does Melania realize what is going on?



Edited 1 time(s). Last edit at 12/06/2018 08:46AM by samintx.
Options:  Reply • Quote
Re: Huawei CFO arrested in Canada....
Posted by: cbelt3
Date: December 06, 2018 10:10AM
Lucky dude. In China he would have just 'disappeared' and his twitter account would have been used to broadcast personal apologies for a while. If he has a valuable blood type / antigen set, his organs will definitely be transplanted into someone 'more worthy'.
Options:  Reply • Quote
Re: Huawei CFO arrested in Canada....
Posted by: Lemon Drop
Date: December 06, 2018 10:16AM
Quote
cbelt3
Lucky dude. In China he would have just 'disappeared' and his twitter account would have been used to broadcast personal apologies for a while. If he has a valuable blood type / antigen set, his organs will definitely be transplanted into someone 'more worthy'.

The person arrested is the daughter of the founder and CFO of Huawei, one of China's most successful tech companies. Nothing was going to happen to her in China, except staying very wealthy. The reason for her detention in Canada has not been made public but allegedly it's because the company has used technology it licensed from US companies in products it is selling in Iran, which is contrary to US trade law.
Options:  Reply • Quote
Re: Huawei CFO arrested in Canada....
Posted by: rjmacs
Date: December 06, 2018 10:36AM
Quote
Lemon Drop
Quote
cbelt3
Lucky dude. In China he would have just 'disappeared' and his twitter account would have been used to broadcast personal apologies for a while. If he has a valuable blood type / antigen set, his organs will definitely be transplanted into someone 'more worthy'.

The person arrested is the daughter of the founder and CFO of Huawei, one of China's most successful tech companies. Nothing was going to happen to her in China, except staying very wealthy. The reason for her detention in Canada has not been made public but allegedly it's because the company has used technology it licensed from US companies in products it is selling in Iran, which is contrary to US trade law.

Like calling a truce and lobbing a grenade with your outstretched 'hand of friendship.'

This administration has an uppance coming. China has been incredibly calm and restrained during this whole trade war/flap/error. I'm not sure our State Department leadership has the diplomatic chops to understand which actions are strategically valuable and which just stir a hornet's nest. We'll all find out soon!



rj
AKA
Vreemac, Moth of the Future




Edited 1 time(s). Last edit at 12/06/2018 10:37AM by rjmacs.
Options:  Reply • Quote
Re: Huawei CFO arrested in Canada....
Posted by: Sam3
Date: December 06, 2018 10:44AM
Quote
samintx
Has the "shoe" hit the fan for 45? With this arrest, market futures down today (not to mention 1000 drop earlier) 400+, Flynn info coming out a couple of days ago, Hotel scam, all the little things and big things seem to have hit the fan in December. Happy Holidays Mr. Individual #1.

PS: Tweets seem to have slowed from the WH. Does Melania realize what is going on?

Heck no. People love him, he has a high of 50% approval rating.
Options:  Reply • Quote
Re: Huawei CFO arrested in Canada....
Posted by: Lemon Drop
Date: December 06, 2018 11:28AM
Quote
rjmacs
Quote
Lemon Drop
Quote
cbelt3
Lucky dude. In China he would have just 'disappeared' and his twitter account would have been used to broadcast personal apologies for a while. If he has a valuable blood type / antigen set, his organs will definitely be transplanted into someone 'more worthy'.

The person arrested is the daughter of the founder and CFO of Huawei, one of China's most successful tech companies. Nothing was going to happen to her in China, except staying very wealthy. The reason for her detention in Canada has not been made public but allegedly it's because the company has used technology it licensed from US companies in products it is selling in Iran, which is contrary to US trade law.

Like calling a truce and lobbing a grenade with your outstretched 'hand of friendship.'

This administration has an uppance coming. China has been incredibly calm and restrained during this whole trade war/flap/error. I'm not sure our State Department leadership has the diplomatic chops to understand which actions are strategically valuable and which just stir a hornet's nest. We'll all find out soon!

China plays the long game, I doubt they'll do any high profile response soon.

OTOH, kinda hoping there's a Wells Fargo exec trying to depart China right about now.
Options:  Reply • Quote
Re: Huawei CFO arrested in Canada....
Posted by: Speedy
Date: December 06, 2018 12:16PM
I doubt if Tim Cook will be inspecting any Apple facilities in China anytime soon.



Saint Cloud, Minnesota, where the weather is wonderful even when it isn't.
Options:  Reply • Quote
Re: Huawei CFO arrested in Canada....
Posted by: billb
Date: December 06, 2018 04:09PM
Quote
cbelt3
Lucky dude. In China he would have just 'disappeared' and his twitter account would have been used to broadcast personal apologies for a while. If he has a valuable blood type / antigen set, his organs will definitely be transplanted into someone 'more worthy'.

she



The Phorum Wall keeps us safe from illegal characters and words
The doorstep to the temple of wisdom is the knowledge of one's own ignorance. -Benjamin Franklin
BOYCOTT YOPLAIT [www.noyoplait.com]
[soundcloud.com]
Options:  Reply • Quote
Re: Huawei CFO arrested in Canada....
Posted by: max
Date: December 06, 2018 08:36PM
Quote
rjmacs
Quote
Lemon Drop
The person arrested is the daughter of the founder and CFO of Huawei, one of China's most successful tech companies. Nothing was going to happen to her in China, except staying very wealthy. The reason for her detention in Canada has not been made public but allegedly it's because the company has used technology it licensed from US companies in products it is selling in Iran, which is contrary to US trade law.

Like calling a truce and lobbing a grenade with your outstretched 'hand of friendship.'

!

Close, but not close enough, try:

Like calling a truce, asking for his daughter's hand in marriage, and requesting a major loan while lobbing a grenade with your outstretched 'hand of friendship.'




~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
"We know that no one ever seizes power with the intention of relinquishing it. Power is not a means, it is an end.
One does not establish a dictatorship in order to safeguard a revolution;
one makes the revolution in order to establish the dictatorship."
Options:  Reply • Quote
Re: Huawei CFO arrested in Canada....
Posted by: billb
Date: December 06, 2018 11:27PM
If it were Obama it would be a clever poker hand move.



The Phorum Wall keeps us safe from illegal characters and words
The doorstep to the temple of wisdom is the knowledge of one's own ignorance. -Benjamin Franklin
BOYCOTT YOPLAIT [www.noyoplait.com]
[soundcloud.com]
Options:  Reply • Quote
Re: Huawei CFO arrested in Canada....
Posted by: Speedy
Date: December 07, 2018 08:17AM
Quote
billb
If it were Obama it would be a clever poker hand move.

Pres. Trump plays tiddlywinks. He doesn’t don’t even know about the Canadian arrest when he was meeting leaders in Argentina. Huawei is getting cut out of contracts in other places of the world because of their dealings with Iran in addition to the Chinese spy chips they manufacture.



Saint Cloud, Minnesota, where the weather is wonderful even when it isn't.
Options:  Reply • Quote
Re: Huawei CFO arrested in Canada....
Posted by: rjmacs
Date: December 07, 2018 08:27AM
This is what happens when you put Mike Pompeo in charge of diplomacy.



rj
AKA
Vreemac, Moth of the Future
Options:  Reply • Quote
Re: Huawei CFO arrested in Canada....
Posted by: max
Date: December 07, 2018 08:49AM
it is almost as we arrested one of Xi family members.

Lets see the St.Vitus dance trying to get out of this one....




~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
"We know that no one ever seizes power with the intention of relinquishing it. Power is not a means, it is an end.
One does not establish a dictatorship in order to safeguard a revolution;
one makes the revolution in order to establish the dictatorship."
Options:  Reply • Quote
Re: Huawei CFO arrested in Canada....
Posted by: billb
Date: December 07, 2018 11:22AM
Um, they're going after violations of Obama-era sanctions.

What Trump knew and what he knew is WAPO and CNN speculation.


Quote
= national security advisor
Meng was arrested Saturday, the same day that Trump and Bolton dined with China's leader Xi at the G-20 summit in Buenos Aires.
Asked if Trump knew in advance that Meng's arrest was going to occur, Bolton said, "I don't know the answer to that."

It's not even certain what either of them specifically knew or are willing to share with a hostile press and media.

It's more likely than not they both knew of imminence and even more likely than not of potentiality



The Phorum Wall keeps us safe from illegal characters and words
The doorstep to the temple of wisdom is the knowledge of one's own ignorance. -Benjamin Franklin
BOYCOTT YOPLAIT [www.noyoplait.com]
[soundcloud.com]




Edited 1 time(s). Last edit at 12/07/2018 11:50AM by billb.
Options:  Reply • Quote
Re: Huawei CFO arrested in Canada....
Posted by: Speedy
Date: December 07, 2018 01:36PM
Quote
billb
Um, they're going after violations of Obama-era sanctions.

What Trump knew and what he knew is WAPO and CNN speculation.


Quote
= national security advisor
Meng was arrested Saturday, the same day that Trump and Bolton dined with China's leader Xi at the G-20 summit in Buenos Aires.
Asked if Trump knew in advance that Meng's arrest was going to occur, Bolton said, "I don't know the answer to that."

It's not even certain what either of them specifically knew or are willing to share with a hostile press and media.

It's more likely than not they both knew of imminence and even more likely than not of potentiality

You’re kidding, right? Pres. Trump is clueless. He could have been clued in and still wouldn’t know what was happening. He probably doesn’t yet know what’s up.



Saint Cloud, Minnesota, where the weather is wonderful even when it isn't.
Options:  Reply • Quote
Re: Huawei CFO arrested in Canada....
Posted by: hal
Date: December 07, 2018 02:56PM
If I were an Apple officer in China, I'd get the hell outta there asap.
Options:  Reply • Quote
Re: Huawei CFO arrested in Canada....
Posted by: billb
Date: December 08, 2018 10:21AM
Quote
Speedy
Quote
billb
Um, they're going after violations of Obama-era sanctions.

What Trump knew and what he knew is WAPO and CNN speculation.


Quote
= national security advisor
Meng was arrested Saturday, the same day that Trump and Bolton dined with China's leader Xi at the G-20 summit in Buenos Aires.
Asked if Trump knew in advance that Meng's arrest was going to occur, Bolton said, "I don't know the answer to that."

It's not even certain what either of them specifically knew or are willing to share with a hostile press and media.

It's more likely than not they both knew of imminence and even more likely than not of potentiality

You’re kidding, right? Pres. Trump is clueless. He could have been clued in and still wouldn’t know what was happening. He probably doesn’t yet know what’s up.

No.
I don't live in anti-Trump FantasyLand.
The above is all documentable with very little effort.

Meng's charges are from Skycorp's sanction frauds from 2009-2014



The Phorum Wall keeps us safe from illegal characters and words
The doorstep to the temple of wisdom is the knowledge of one's own ignorance. -Benjamin Franklin
BOYCOTT YOPLAIT [www.noyoplait.com]
[soundcloud.com]
Options:  Reply • Quote
Sorry, only registered users may post in this forum.

Click here to login

Online Users

Guests: 281
Record Number of Users: 52 on November 20, 2014
Record Number of Guests: 2330 on October 25, 2018