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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 366.54+1.2%4:00 PM EST

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To: TobagoJack who wrote (144752)12/15/2018 6:33:01 PM
From: Maurice Winn  Read Replies (3) of 217544
 
The contract that Huawei broke was agreement with USA suppliers to not supply Iranian people (in Iran). The USA suppliers had to comply with USA law.

If executives in Huawei supply Iran then there's breach of contract.

If the USA company's executives knowingly broke the USA law by supplying Iran or a foreign company who supplied Iran, then those executives and the company would be liable.

The foreign company and its executives would be liable for breach of contract with the USA company and remedy would apply.

It's a reach for the Huawei CFO to be liable. I'm surprised a CFO would be deciding to supply Iran but a good company is not simplistic in organization charts and who does what and decides what.

The remedy should also be USA bans USA companies from supplying Huawei unless Huawei agrees to pay a penalty and refrains from supplying Iran.

Gaoling the Huawei CFO seems a bad idea.

I used to visit USA every couple of years. It's now 13 years since Ive been. Partly that's because I'm scared of them ham sandwiching me.

Our beloved son Tarken gave up visiting or transiting a few years before me.

Once at LAX I was threatened with arrest by a TSA man because I had walked over to them to ask where I should go for security checking. He pointed to some tape on the floor which apparently defined a non public area and issued his warning. No assistance.

I dislike gratuitous threats. USA now doesn't have me to bother with, or spend the $thousands I spent there. They can make up for my unwelcome presence with another caravan of third worlders.

It's very pleasant going through Singapore or Hong Kong. I have not risked China yet = a special hazard of its own. Dubai is tolerable but unpleasant. They could offer better toilets for example. And wifi. And they have jihad laws one better watch out for as many foreigners learn to their dismay.
Mqurice
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