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Stock futures plunge after Huawei CFO arrested for extradition to US


nir

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Daughter of Chinese tech giant’s founder thrust into trade war geopolitics

 

The chief financial officer of Chinese telecommunications giant Huawei has been arrested in Canada and is now facing extradition to the United States in connection with alleged violations of Iran sanctions.

 

Meng Wanzhou, who is also the daughter of Huawei’s founder, Ren Zhengfei, was apprehended in Vancouver at the request of US law enforcement agencies, The Globe and Mail reported. Canadian authorities declined to offer further detail as to the nature of criminal charges.

 

US stock futures dropped sharply on the news, which has presented a new twist in sensitive trade negotiations between Washington and Beijing.

 

The Chinese embassy in Ottawa issued a statement condemning the action.

 

“China firmly opposes to and strongly protests over such kind of actions which seriously harmed the human rights of the victim. China has lodged stern representations with the US and Canada, urging them to immediately correct the wrongdoing and restore the personal liberty of Meng Wanzhou. We will closely follow the development of the issue and take all measures to resolutely protect the legitimate rights and interests of a Chinese citizen,” the statement read.

 

Huawei said that it has not been informed as to the nature of the arrest.

 

“The company has been provided very little information regarding the charges and is not aware of any wrongdoing by Ms Meng. The company believes the Canadian and US legal systems will ultimately reach a just conclusion,” a spokesperson for the company said.

 

US Senator Marco Rubio – a cheerleader of penalties levied against Chinese telecoms firm ZTE for Iran sanctions violation – welcomed the action, citing what he described as Huawei’s threat to US national security.

 

“The arrest of Huawei’s CFO by the Canadian government for potential violations of Iran sanctions is welcome and I urge prompt extradition to the US,” Rubio was quoted as saying in a statement to The Globe. “Huawei has direct ties to the Chinese government and Communist Party, has long posed a serious risk to US national security, and I continue to strongly urge Canada to reconsider Huawei’s inclusion in any aspect of its 5G development, introduction, and maintenance.”

 

In the midst of a tentative trade truce between the US and China, the arrest of Huawei’s CFO presents one more issue of contention for leaders in both countries to deal with. Last spring, harsh penalties slapped on fellow Chinese national champion ZTE were eventually overruled by President Trump in the context of trade talks with China.

 

The move also comes as Huawei faces other challenges abroad this week, with UK wireless provider BT Group announcing that it will no longer use the Chinese firm’s equipment for its networks. The US, Australia and New Zealand have already issued restrictions on the use of Huawei gear in telecoms operations.


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The world is under control of US. idk how Europe call themselves Europe anymore, they should be shameful, being slaves, no power at all. American do whatever they like. this world is so corrupt

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4 hours ago, Sylence said:

The world is under control of US. idk how Europe call themselves Europe anymore, they should be shameful, being slaves, no power at all. American do whatever they like. this world is so corrupt

You want some cheese to go with all that whine, people like  you  make me laugh , Your government bans porn so you use western tech to break your own  countries messed up  laws, they would put you in jail if they ever catch up with you, something that's legal to look at in the free  world.  And you have the balls to talk about other countries .Instead of trying to  defeat capitalism you embrace it by using Windows and Google products and just make the problem worse  .The EU  is one the few places actually trying to do something to stop the death grip big teach USA  has on them .  Even China is  stuck between a rock and a hard place on this one  they whole world is watching how they react if they take hostages  that will end it any trade deals ,  messing up any future they have  with trading with the USA and you know it 1st hand . Because that was the biggest mistake Iran ever made and why the USA still sees them as a hostile  nation today . China putting people who believe the same as your country in training camps to deprogram  them and you cheer them on because of your hate of some place you don't have a clue about.Your pathetic..  I wish you lived in China behind the great firewall so we don't have listen to your anti western propaganda.

 

One the 1st things i remember as a kid was your country taking my people hostage on the news and you guys are still  whining over the fact the USA  don't like you today . Its all about money at one time Iran use to be peaceful and the USA friend  you decided  your own fate.

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30 minutes ago, steven36 said:

You want some cheese to go with all that whine, people like  you  make me laugh , Your government bans porn so you use western tech to break your own  countries messed up  laws, they would put you in jail if they ever catch up with you, something that's legal to look at in the free  world.  And you have the balls to talk about other countries .Instead of trying to  defeat capitalism you embrace it by using Windows and Google products and just make the problem worse  .The EU  is one the few places actually trying to do something to stop the death grip big teach USA  has on them .  Even China is  stuck between a rock and a hard place on this one  they whole world is watching how they react if they take hostages  that will end it any trade deals ,  messing up any future they have  with trading with the USA and you know it 1st hand . Because that was the biggest mistake Iran ever made and why the USA still sees them as a hostile  nation today . China putting people who believe the same as your country in training camps to deprogram  them and you cheer them on because of your hate of some place you don't have a clue about.Your pathetic..  I wish you lived in China behind the great firewall so we don't have listen to your anti western propaganda.

 

One the 1st things i remember as a kid was your country taking my people hostage on the news and you guys are still  whining over the fact the USA  don't like you today . Its all about money at one time Iran use to be peaceful and the USA friend  you decided  your own fate.

 

bunch of crap

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Just now, Sylence said:

 

bunch of crap

Truth hurts don't it , If you actuality practiced what you preached maybe someone would take you serious. But you act like a wannabe Westerner  yourself so your one the biggest jokes on this site and many members have called you out on it.:dance2:

 

  All you Anti West people come on here day in and day spreading hate and the admins do nothing about it,  they can ban me they would be doing anyone from USA a favor . I don't even like coming on here because all the news trolls any more.

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1 hour ago, steven36 said:

All you Anti West people

Is truth anti-west?:

 

Why America is Great?:  "Tucker Carlson says Trump is ‘not capable’ and hasn’t kept his promises", "Tillerson: Trump would ask me to do things I couldn't legally do", "Judge Andrew Napolitano: Why I don't believe that Mueller is on a fishing expedition (or is about to go home)"...

 

Freedom granted its citizens to speak the truth as they see it and express it without fear (or ridicule)!

 

The Start of a Great Nation:

 

When in the Course of human events it becomes necessary for one people to dissolve the political bands which have connected them with another and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature and of Nature's God entitle them, a decent respect to the opinions of mankind requires that they should declare the causes which impel them to the separation.

 

We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. — That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed ...

 

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1 hour ago, nir said:

Is truth anti-west?:

 

Why America is Great?:  "Tucker Carlson says Trump is ‘not capable’ and hasn’t kept his promises", "Tillerson: Trump would ask me to do things I couldn't legally do", "Judge Andrew Napolitano: Why I don't believe that Mueller is on a fishing expedition (or is about to go home)"...

 

Freedom granted its citizens to speak the truth as they see it and express it without fear (or ridicule)!

 

The Start of a Great Nation:

 

When in the Course of human events it becomes necessary for one people to dissolve the political bands which have connected them with another and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature and of Nature's God entitle them, a decent respect to the opinions of mankind requires that they should declare the causes which impel them to the separation.

 

We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. — That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed ...

 

Posting crap off topic  again @tao  why you tell me I was born in the USA and i don't even believe in God?  I'm Agnostic , Unlike China we have freedom to believe in what ever we want , We also have freedom of speech  witch is slowly fading away on the internet before long   sites like this one will be ban  because they allow copy and paste of protected  media. It starts with them going after big sites like Google , Facebook, Twitter and then after they have them censored the way they want them, they come after the forums and things. They will charge a tax for even posting a link offsite . This not even a closed forum there easy prey for take downs. You want a Chinese style internet,  be careful what you wish for because that's what you will get. I i will just logoff and watch movies or something because the internet will  be a ghost in a shell . My life is more than worrying about what some country does i don't live in.

 

How much is China paying you too spread anti USA crap?I belonged to Chinese warez  sites before and even if you so much as posted something that was not software they ban you . They sure would not put up with the :shit: they do on here  they didn't allow off topic chit chat. You people use this place as a refuge  to spread hate . Most of you were even ban before  and what good does it do ? like me and some the staff was talking about before it's really sad to see people  who was ban keep coming back  under other names because they have no life but nsaneforums  witch just a very small spot on the www.

 

On other sites when you read about this site  it's never for it's news it's ether someone who is ban and join back and is butt hurt and dissing it, or someone is telling them to come here to get some warez i don't really know why they have news here. Its not like other news sites were it's  lots of feed back. Because they lock the topics and run everyone off.

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34 minutes ago, nir said:

Great! 

Typical of news trolls  hired by other countries  that spread hate to not know how to relate with the people they troll .Because they live in a closed society. I think you are just a sock puppet someone else on here maybe . How many accounts you have on here ? Any one comes back after a ban with a different  name must have more..If i take a ban for calling out a troll it want be the 1st time and most likely want be the last site it happens on,   but one thing is for sure after i'm banned i don't go back for more abuse from the board trolls under another name. If they don't  need me , I sure don't need them  .. This site to me is just any other other open site  I use  i don't even have to sign in to benefit from it i only sign in to contribute.. Any site bans me is one less site tracking me, so they are just doing me a favor.:lmao:

K`Tetch' has some good research  on about how risky it is to sign into sites to get your warez were they keep a record  of everything you do, I been doing it since 2006 i just been luckey i guess .:rofl:

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33 minutes ago, steven36 said:

How many accounts you have on here ?

Jedan, een, one. un. eins. uno, 1, এক, एक, một, satu, 壹, Один ...  

 

America is Great because it is a welcoming country.

 

Nsane is a good welcoming forum. Give and take a few out of 55,527 members

 

China, USA, India, Russia, Iran, Egypt, Greece ...  all great countries. 

Asia, Europe, Africa, America, Australia ... all great.

Animals, humans ... all great.

The earth ... is great.

 

 

 

 

 

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11 minutes ago, nir said:

America is Great because it is a welcoming country.

Most people don't have a choice about were they are born and i don't hold that against them its when they start letting there own government brain wash  them I see they have a problem . We don't have that problem here it don't matter who  is in charge  if they do something wrong we will  expose them for it .We don't live in a closed society and try to make like we do no wrong,  we expose our own government for there wrongs and that's what keeps us free .You cant let them control you, the government is only there to serve the people. Your welcome to come live in the USA anytime you want as long as you do it legally and are willing to follow our laws so you don't get sent back. 

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34 minutes ago, steven36 said:

Your welcome to come live in the USA anytime you want as long as you do it legally

Yes, that's what people like to say ...

 

It's much freeing to see and to face reality: "Making President Trump’s Bed: A Housekeeper Without Papers"  At the president’s New Jersey golf course, an undocumented immigrant has worked as a maid since 2013. She said she never imagined she “would see such important people close up.”

Excerpt: Ms. Morales’s journey from cultivating corn in rural Guatemala to fluffing pillows at an exclusive golf resort took her from the southwest border, where she said she crossed illegally in 1999, to the horse country of New Jersey, where she was hired at the Trump property in 2013 with documents she said were phony.

She said she was not the only worker at the club who was in the country illegally....

Give me your tired, your poor,
Your huddled masses, yearning to breathe free,
The wretched refuse of your teeming shore,
Send these, the homeless, tempest tost to me,
I lift my lamp beside the golden door.

 

Author: Emma Lazarus

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53 minutes ago, nir said:

Yes, that's what people like to say ...

 

It's much freeing to see and to face reality: "Making President Trump’s Bed: A Housekeeper Without Papers"

 

Give me your tired, your poor,
Your huddled masses, yearning to breathe free,
The wretched refuse of your teeming shore,
Send these, the homeless, tempest tost to me,
I lift my lamp beside the golden door.

 

Author: Emma Lazarus

What you are talking about have nothing to do with coming here legal . That's coming here illegally  he is not the 1st president who sent back illegals , but i been around illegal immigrants  since I was a kid  they always getting sent back, and even broke bread with them and worked with them and train  them how to run machines  . If the law says you need to apply for a vista to come here and you cross  without papers that's not following  our laws  ..But i want turn you in,  but there is many people not as kind as me,  that have nothing better to do but try to get people in trouble that will snitch you out. The way many got away with it back in the 90s was they used fake ids but after 9-11 they stared cracking down on that.

 

What your talking  about is  were the left don't want to follow the laws  that were always there ,they just want to complain about it ,but when they was in office they done nothing to fix it to make it better for us all.

 

We had immigration laws since 1790 the 1st laws allowed any one to come to the USA, they  just established the rules for naturalized citizenship. By 1798 we made new laws that if you was deemd dangerous  they would send you back. By 1875 we had lots of laws  on sending people back . its much better than it was back then but the laws have not really changed any since 2012 .

 

Quote

On June 15, 2012, the Secretary of Homeland Security announced that certain people who came to the United States as children and meet several guidelines may request consideration of deferred action for a period of two years, subject to renewal. They are also eligible for work authorization. Deferred action is a use of prosecutorial discretion to defer removal action against an individual for a certain period of time. Deferred action does not provide lawful status

 

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