iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
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Former Canadian Diplomat Seized Upon And Detained in China

What fuckeries we will have, indeud. It appears the fixer for Trudeau in Hong Kong got himself into a spate of trouble today, leading to his eventual arrest by the very fair and democratic Chinese government.

Micheal Kovrig has been arrested and the CFO of Huawei is still rotting in prison, in the middle of the longest bail hearing known to mankind — which is going on day 3.

More on the seized upon Canadian.

“We are aware of the situation of a Canadian detained in China. We have been in direct contact with the Chinese diplomats and representatives. We are engaged on the file which we take very seriously and we are of course providing consular assistance to the family,” Trudeau said, echoing comments by his foreign affairs department.

“The Canadian government is seized with this case and will continue to speak with the Chinese government,” said Guillaume Bérubé, spokesperson for Global Affairs Canada. “Due to provisions of the Privacy Act, no further information can be disclosed.”

Public Safety Minister Ralph Goodale declined to say whether the government believes it is retaliation for Canada’s arrest it of a high-profile Chinese executive in Vancouver on an American extradition request.

“We’re obviously worried about whenever a Canadian is put in a situation that puts them at some risk or jeopardy, where’s there’s no apparent or obvious cause or trigger for that,” he said.

“So, before we characterize it, we want to make sure we get all the facts. But at the same time we are sparing no effort to do everything we possibly can to look after his safety.”

Kovrig worked at the Canadian embassy from 2014 to 2016 and for a few months in the Hong Kong consulate, and is now senior adviser on north-east Asia for the International Crisis Group, a non-governmental organization that promotes ways to prevent and resolve deadly conflict.

The organization, the ICG, said in a statement on its website: “We are doing everything possible to secure additional information on Michael’s whereabouts as well as his prompt and safe release.”

Without question, this is reciprocity for the barbaric actions of Canada, at America’s request. Nevertheless, stocks are moving higher again and such grandeur is both deserving and appropriate, give the present environs.

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3 comments

  1. s.k.

    The machines are confused as fuck.

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    • irma vep

      Not really. We are due for a major correction in the market. When? Can’t say for sure but it feels,( sorry I am primarily an intuitive on the Meyers-Briggs test), as if it will be sometime in 2019.

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      • irma vep

        Not difficult to intuit considering the volatility. I just hope it doesn’t involve deploying the Seventh Fleet.

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