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Utopia Talk / Politics / Iran attacks US economy
Thu Dec 06 07:38:57
Dow futures off 400 points as arrest of Huawei exec reignites trade worries
By Barbara Kollmeyer, Chris Matthews
Published: Dec 6, 2018 8:06 am ET

U.S. stock futures tumbled Thursday, with selling so intense at one point that circuit breakers were triggered, after the arrest of a Huawei executive reignited trade worries that helped drag equities to their worst session since early October on Tuesday.

Investors were rattled by news that the Canadian authorities had arrested Meng Wanzhou, the chief financial officer of Huawei Technologies, at the request of U.S. authorities for allegedly violating sanctions against Iran. The arrest, which was made on Dec. 1, comes as the U.S. has taken several steps to restrict the Chinese technology giant, trying to persuade international allies to do the same.

China authorities reacted furiously, with the spokesperson of the Chinese Embassy in Canada demanding the release of the Huawei executive. “At the request of the U.S. side, the Canadian side arrested a Chinese citizen not violating any American or Canadian law,” said a statement on its website. Huawei itself said it was “unaware of any wrongdoing by Ms. Meng,” in a statement released on Twitter.


How much more proof do you liberals need that Iran is an existential threat to the US? Nuke Tehran!
Anarchist Prime
Thu Dec 06 08:41:53
putin winning!
Thu Dec 06 12:20:53
The US regime is a mafia. A gangster regime.
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