Wednesday, June 26, 2019

Huawei CFO's lawyers say Canada should end extradition | Power & Politics


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Huawei CFO's lawyers say Canada should end extradition | Power & Politics
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CBC News
Published on Jun 24, 2019

Lawyers for Meng Wanzhou say it would be in "Canada's national interests" to drop extradition proceedings against the Huawei chief financial officer.
To read more: economic collapse that is on our doorstep, because the economic numbers are really starting to deteriorate very rapidly now.  On Tuesday we got some more new numbers, and they were just as bad as we thought they might be.  But even before today’s numbers all of the data were telling us the exact same thing: economic collapse is coming. 

The world has never seen anything like this ever before, and one of the central themes of Epic Economist youtube channel is that these bad economic numbers will destroy our society with a horrible stock market crash and financial collapse:

The New York Fed’s Empire State manufacturing index just suffered the worst one month decline in U.S. history, Morgan Stanley’s Business Conditions Index just suffered the largest one month decline that we have ever seen, global trade numbers are the worst they have been since the last financial collapse, and just last week I detailed the complete and utter “bloodbath” that we are witnessing in the U.S. trucking industry right now.  So considering what we already knew, it shouldn’t have been a surprise that new home sales in the U.S. were down a whopping 7.8 percent during the month of May: The Commerce Department said Tuesday that new homes sold at a seasonally adjusted annual rate of 626,000 in May, down from 679,000 in April. During the first five months of the year, purchases of new homes have fallen 3.7% compared to the same period in 2018. Those are absolutely horrible numbers, and this is precisely what an economic crisis looks like.

On Tuesday we also learned that U.S. consumer confidence is rapidly declining. Once again, this is precisely what we would expect to see during a recession.

In the fiscal fourth quarter, which ended May 31, FedEx reported a loss of $1.97 billion, compared with profit of $1.13 billion a year earlier. FedEx blamed this horrible number on the ongoing global economic slowdown, and unfortunately things are not likely to get any better for them any time soon.

Many in the mainstream media continue to speak of “the next economic collapse” as some future event, but when we get the final economic numbers many months from now we may discover that it had already started by now.  In fact, one prominent economist recently stated that he believes that “we’re probably already in a recession”

Meanwhile, the global trade war continues to intensify, and over 300 companies are literally begging the Trump administration to find a way to end it. Sadly, it isn’t likely that the trade war will end any time soon.
In fact, it is probably much more likely that a shooting war will start in the Middle East instead.  And if that happens, economic collapse will dramatically escalate.

America is headed for a day of reckoning, and author Michael Snyder is sounding the alarm.  His novel about the future of America entitled "The Beginning Of The End" and his best-selling book about the end times entitled "The Rapture Verdict" are both available on Amazon.com.

Michael Snyder's author page: http://cbc.ca/1.5187662

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1,099 Comments
 Auggie Giuseppe
Add a public comment...
William King
William King
1 day ago (edited)
The level of debate here is abysmal. President Trump has made it clear on two occasions that he will consider releasing Huawei executive, Ms Meng, if the US can obtain a favourable trade agreement with China.
Question: Is the detention of Ms Meng a matter of law or an economic/political matter?
Actually, considering Trump's position on this, China's claim that Ms Meng is being held as a hostage to leverage the US position in trade negotiations with China certainly appears to have some substance.

217


Former El Chupacabra
Former El Chupacabra
2 days ago
Kidnapped by one criminal gov and want to extradite to another criminal cartel.

192


Max Simons
Max Simons
2 days ago
There no shame to admit wrong.
But shameful to justify wrong doing.

185


A Q
A Q
2 days ago
Canada should do what Hong Kong did. When US want Hong Kong to arrest Snowden for them, Hong Kong just put him on the plane to Russian, then inform US they have just missed Snowden. The plane has just took off.

173


Dan H
Dan H
2 days ago (edited)
In the G20, Trump will simply "forget" to ask president Xi about Canada.
He will then say " don't worry, I will ask next time I see president Xi. He is a friend of mine."

164


Great Asia
Great Asia
1 day ago
Strong-arming Canada?! Didn't you realise that, for a long time, the US has been doing so to other countries across the world with the help of its minions such as Canada?

49


bill xia
bill xia
2 days ago
We will see Nothing special happen in G 20 summit

68


schivver
schivver
2 days ago
And the world keep talking about the extradition bill in Hong Kong when this still happened

31


laijiang han
laijiang han
2 days ago
Rule of law! Hilarious! LOL

113


noir
noir
1 day ago
Wow can he hear himself "we should band together to resist strong arming tactics", what about all the crap US tried to pull. Unilaterally tearing up agreement an threatening sanction on anyone that don't follow suit.

39


Dan D
Dan D
1 day ago
The sanctions against Iran are unilateral, and not supported by the U.N. There is no obligation for Canada to honor the extradition treaty.

27


Nelson C
Nelson C
2 days ago
I think it’s naïve to depend on the US to help Canada out.  They would have done it by now if they were willing to.  As long as Trump can get what he wants in the trade deal, helping Canada would not be at the top of his to do list

83


Ian Rasmussen
Ian Rasmussen
1 day ago
The USA uses the LAW as a political tool - Canada was nieve to get involved...

39


Paradigm
Paradigm
2 days ago
Yes, every country must respect legal agreements, not legal agreements based on illegal withdrawal of legal agreements ie UN 2231 (international law)

63


Simine Bokharaiee
Simine Bokharaiee
2 days ago
US has sanctioned Canada.

17


Henry
Henry
1 day ago
Make Canada Great Again Trudeau, not MAGA! Think of what's good for Canadians, don't just follow Washington's order blindly.

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