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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (145723)1/27/2019 6:54:16 PM
From: James Seagrove  Respond to of 217847
 
Andrew Coyne: McCallum may have revealed Canada's risky plan to play U.S. and China off against each other

“I regret that my comments with respect to the legal proceedings of Ms. Meng have created confusion. I misspoke. These comments do not accurately represent my position on this issue.”

So now repents John McCallum, ambassador of Canada to the People’s Republic of China, in a statement issued by the Department of Foreign Affairs. Plainly he did not misspeak: the now-infamous comments to Chinese-language media earlier this week, questioning whether the Huawei executive Meng Wanzhou should be extradited to the United States to face charges of bank fraud, were delivered at length and with evident forethought.

Whether they represent his position, however, is another matter. Perhaps they represented someone else’s.

There are three possibilities. One, the ambassador was publicly contradicting the government that employs him, at the most sensitive possible moment, with two Canadians held hostage by the Chinese government, plus another under sentence of death, in obvious retaliation for Meng’s arrest. This is conceivable — McCallum has a history of saying odd things — but unlikely.

Two, the ambassador was speaking for the government and at its behest, deliberately signalling a change in position on an issue on which the government has until now been adamant: that Meng’s arrest was entirely by the book, under the terms of the Canada-U.S. extradition treaty, and that the government could do nothing to prevent it or to free her, at least at this stage of the extradition process. Again, this seems unlikely, and in any case the government has denied it.

Or three, the ambassador was inadvertently revealing government thinking. It might have preferred his comments had not been made in public, but it cannot disavow them, or him, now that they have been — for whatever it was they signalled, even unwittingly, the government would not wish to send the opposite signal.

Evidence for this last possibility can be found in the prime minister’s refusal to fire him; in his refusal to deny that his views represented the government’s; and, perhaps of greatest interest, in the selective nature of McCallum’s retraction.

For his comments did not only dwell on the “strong arguments” Meng could make against her extradition. Neither did he confine himself to observing that her extradition “would not be a happy outcome.”

He also noted a “second option,” wherein “the United States made some kind of a deal with China, and part of the deal would be that they would no longer seek her extradition. And we would hope, if the U.S. made such a deal, part of the deal would also be to release the two Canadians.” Whether commuting the third Canadian’s death sentence might also be part of the “deal” is unclear.

But hardly had these comments come to light before a “senior government official” was confiding to the Toronto Star that the government had made strenuous efforts to arrange just such a deal. Even as it was publicly denouncing Donald Trump for suggesting he might intervene in her case if it were necessary to secure a trade deal with China — Foreign Minister Chrystia Freeland publicly reminded “our extradition partners” not “to politicize the extradition process” — behind the scenes the government was angling to get in on the politicization.

Indeed, the prime minister personally implored Trump, according to the Star, that if he intended “to use Meng’s extradition as a bargaining chip … to make sure that the two Canadians who were taken in retaliation by China are released.”

As ever, what is extraordinary about this is not just that it happened, but that the government should now choose to tell us about it. What seems to be implied is a three-corner deal, of a kind Canadian governments have negotiated in the past so as not to be seen to be paying ransom for hostages. In effect, the U.S. would pay the ransom on our behalf.

Why would the U.S. agree to look after our interests as part of a bilateral trade deal with China? Sure, they owe us one, having arrested Meng for them, and taken the heat from China for doing so. But this is the Trump administration, remember, for whom moral obligations are for losers.

Perhaps, rather, it might be in response to some inducement we might offer — for example, to adapt a suggestion by the columnist Tom Parkin, barring Huawei, at long last, from supplying equipment to Canada’s 5G networks, as the U.S. and other nations, acting on the advice of their intelligence agencies, have done. We ought to have done this long ago, in our own national interests. But perhaps it is also a card that can now be played.

And if the U.S. still refused to co-operate, or struck a harder bargain? If there was any signalling going on at McCallum’s press conference, perhaps it was aimed at the Americans: we have options. Maybe not in court — we are a rule of law country, after all — but at some later time, as the ambassador noted, “when the justice minister is required to give a view” — the minister having the final say on extradition requests under Canadian law.

The Extradition Act does not give the minister unlimited licence to refuse an extradition once the courts have approved it. He can do so where to surrender a prisoner would be “unjust or oppressive,” or where the crime for which they were sought constituted “a political offence,” among about a dozen specified circumstances.

The minister may, however, “subject the surrender to any conditions that the minister considers appropriate,” and refuse to proceed with it until these have been met. In that event, “the minister shall order the discharge of the person,” meaning Meng would be on her way back to China.

If that is what is going on here, it is an exceedingly risky game: playing one superpower off against another. Still, as ransom payments go, this would be less objectionable than most. Yes, China would get Meng back. But they would also suffer a major setback for Huawei, widely seen as an agent of the Chinese state. On balance this seems a net loss.



To: Maurice Winn who wrote (145723)1/27/2019 9:06:40 PM
From: TobagoJack  Read Replies (1) | Respond to of 217847
 
unrelated, but just pointing out, that perhaps the sum total of all issues macro to geopolitical has trended usd-down, gold-up; we wait to see whether everything else go up.

one can only play the market accidentally / coincidentally, as opposed to deliberate, strategise, position, and and and

gold up is better than gold down even as gold up portends other stuff down



To: Maurice Winn who wrote (145723)1/27/2019 9:42:55 PM
From: TobagoJack  Respond to of 217847
 
Peace or war may breakout on the peninsula
The N./S.- Koreans may have to think for themselves first time in a long time
Just as the Germans and Japanese shall

bloomberg.com

Trump's Spat With Ally South Korea Raises Fears of U.S. Pullback
Youkyung Lee



U.S. army soldiers during a training exercise between the U.S. Army and the the South Korean army in 2017. Photographer: SeongJoon Cho/BloombergJust as President Donald Trump looks to make peace with North Korea’s Kim Jong Un, his administration is putting fresh strain on the U.S.’s seven-decade alliance with South Korea.

At issue is the Trump administration’s insistence that South Korea accepts as much as a 50 percent increase in what it pays for U.S. military protection, including subsidizing the nuclear-capable bombers stationed thousands of miles away on Guam. The dispute caused their cost-sharing deal to lapse on Dec. 31 and, if it’s not renewed soon, South Korean civilian personnel will face furloughs like the ones that just ended in Washington.

The prospect of getting a deal before an April 15 deadline seems poor, according to a South Korean official familiar with the talks. South Korean President Moon Jae-in’s negotiators have sought help from people outside the direct talks, including U.S. Secretary of State Mike Pompeo, said the official, who asked not to be named due to sensitivities of the discussions.

A State Department spokesperson said Friday that South Korea must contribute “significantly more” more than has offered to achieve what the administration believed was a fair balance of costs. The administration is asking all its allies to offset the cost of U.S. deployments overseas, said the official who spoke on the condition of anonymity.

The dispute is among several issues weighing on the relationship as Trump -- a frequent critic of the 70-year-old alliance -- prepares for a second summit with North Korean leader Kim Jong Un next month. In recent weeks Kim has made demands that would weaken the military readiness of the allies, including seeking the removal of U.S. “strategic assets” from the region and an end to joint drills.

Why the Trump-Kim Nuclear Summit Needs a Sequel: QuickTake

“My main concern is a possible perfect storm where Trump’s desire to withdraw troops will be reinforced, if he is misled to believe he can trade them for North Korean nuclear weapons and if the allies can’t settle defense cost negotiations before the next Trump-Kim summit,” said Duyeon Kim, an adjunct senior fellow at the Center for a New American Security. “This would be an immediate crisis for South Korea that trumps North Korea’s nuclear weapons threat.”

The cost-sharing dispute was among the security issues left unresolved when former Secretary of Defense James Mattis resigned on Dec. 20, citing differences with Trump over the value of alliances. The pact, which lasts five years and requires legislative approval by both nations, expired 11 days later.

While the U.S. doesn’t detail South Korea’s contribution to the deployment, American officials have said Seoul subsidizes about half of its local personnel costs. South Korea said it paid an estimated 960 billion won ($849 million) last year, financing the construction of U.S. military facilities and paying South Korean civilians who work at military posts.

With the deal about to expire, the U.S. suddenly requested 1.4 trillion won ($1.2 billion) from South Korea, lawmaker Hong Young-pyo, the Democratic Party’s floor leader in the National Assembly, told ruling party officials Monday. “It is undesirable that one country’s unilateral demand undermines its ally’s trust and causes divisions,” Hong said.

The real crisis won’t hit until April 15 when South Korea is scheduled to start paying civilian personnel.

“We are both very keen to get to agreement as quickly as possible,” South Korean Foreign Minister Kang Kyung-wha told CNN on Thursday. “It’s still a back and forth. We are not there yet, but we are very much hoping to close the gap.”

The State Department declined to make Timothy Betts, the deputy assistant secretary of state for plans, programs and operations, available to discuss the negotiations. The department spokesperson said the U.S.’s commitment to South Korea’s security remained “ironclad,” a description long preferred by both sides.

The alliance serves to maintain U.S. influence in Asia and defend against Kim, who hasn’t yet committed to give up the nuclear weapons he once threatened to use to “sink” Japan and reduce the America to “ashes and darkness.” Even if the U.S. normalized ties with North Korea, a military presence on the peninsula would remain a valuable check on China’s rising might.

Trump has repeatedly expressed frustration with the open-ended troop deployment, saying after his meeting with Kim in June that he would “like to bring them back home, but that’s not part of the equation right now.” At the same time, he accepted a long-standing Kim demand and suspended major joint military exercises that the two sides have relied on to maintain readiness.

The moves have raised more doubts about the U.S.’s commitment to the alliance than at any time since President Jimmy Carter considered withdrawing American troops in the 1970s. Kim has sought to tie the alliance to nuclear talks, with state media saying last month the U.S. nuclear-armed aircraft and warships must be part of any disarmament deal.

What Does Kim Want? Trump’s Next North Korea Summit May Cost Him

The U.S.’s demands have even managed to bridge South Korea’s partisan divide, especially one proposal to replace the five-year pact with a deal that legislatures from both sides must approve annually. The conservative-leaning editorial page of Chosun Ilbo, one of South Korea’s biggest newspapers, warned Trump on Thursday against using the alliance as a bargaining chip.

“It’s so hard to say how much of this is a negotiation tactic,” said Jenny Town, a research fellow at the Washington-based Stimson Center. “But it is consistent with how Trump has undervalued U.S. alliances, and may cause more damage to the U.S.-ROK relationship as a whole than whatever monetary concessions are gained.”

— With assistance by Margaret Talev




To: Maurice Winn who wrote (145723)1/28/2019 6:52:31 PM
From: TobagoJack  Read Replies (1) | Respond to of 217847
 
in the meantime let us see which way team Australia decides w/r to aircraft carriers defenceconnect.com.au!/ccomment-comment=2000

believe the cost of such is expensive-enough, what with the flag ship carrier, attendant cruisers, destroyers, frigates, corvettes and submarines, not to mention on board aircrafts and drones, together with perhaps several thousand crew, and annual upkeep

perhaps better if Australia imports team China rocketry (the video just released by team China is to put all at ease that Pacific Ocean shall be kept at peace while lunar new year celebration is tee-ed up next week - at least that is the title caption in the video - and is entirely coincidental that team USA sailed two boats through the Taiwan strait last week although MSM seems to think no-coincidence. MSM is too sensitive, perhaps because of what they guilt-ridden champion)

to think a few trucks in the deep desert can help with maintaining the peace in the far away big Pacific ... interesting, and certainly economical, and mostly passive and not busy

China claims the system is defensive in nature, because it is not designed to reach Hawaii, and just everywhere west of Hawaii. Technically there are no reasons why the business-end of the device cannot be couriered by a longer-range rocket, I suppose.

I understand the team is working on an air-launched version, which I guess would be able to keep the in the Atlantic and Caribbean, and maybe even south Atlantic to help out the Brazilians ;0)



the rocketeers decided to go the less expensive route, akin to acupuncture, and certainly defensive in nature even if offensive in capability / capacity, and assuredly multiple uses (nuclear, conventional, against fixed and moving targets) on a mobile portable platform

the DF-26 ballistic contraption, together with hypersonic steerable warhead, and layered with shore and sea- & sub-sea based cruise missiles, submersible sea glider drones, sea-skimming rocket torpedos, and all target coordinated via space and sub-sea based situation-awareness / targeting systems, should ensure that peace breaks out in the pacific for smoother flow of freedom of passage

businessinsider.com

China shows off its 'carrier killer' missiles to send 'a clear message to the US'
South China Morning Post

China recently released footage of the country's DF-26 ballistic missiles being test-fired during a military exercise. Chinese military analysts took note of the missiles features, pointing out the fin-like flight control surfaces that would give it the maneuverability necessary to strike a US Navy aircraft carrier. Expert observers believe that the video footage is meant to send "a clear message to the US about China's growing missile capability," making it clear that China "can hold at risk US strategic assets, such as carriers and bases."
China has revealed footage of its next-generation Dongfeng-26 ballistic missile showing improved stability and accuracy, a move analysts say aims to send a message to the United States about its military strength.

Footage of the missile was released for the first time in a report on state broadcaster CCTV, amid intensifying military rivalry between China and the US.

Four fin-like flight control surfaces are seen around the missile nose in the report on an exercise in northwest China. The People's Liberation Army Rocket Force launched at least one DF-26 missile during the drill.

Military analysts said the fin-like flight control surfaces provided better stability for the missile as it neared a moving target, such as a US aircraft carrier.

The intermediate-range ballistic missile is also known as the "Guam killer" for its range - 3,000km to 5,741km (1,864 to 3,567 miles) - that puts the US island in the western Pacific within striking distance.

It could be used in nuclear, conventional and anti-ship strikes, meaning China could use it to attack US aircraft carriers and naval bases in the Asia-Pacific region.

China's defence ministry in April confirmed the DF-26 had been put into service with the Rocket Force.

Adam Ni, a China researcher at Macquarie University in Sydney, said the latest exercise sent "a clear message to the US about China's growing missile capability, and that it can hold at risk US strategic assets, such as carriers and bases".

"It's an attempt to reinforce the notion that the PLA has the capability to sink US carriers and inflict unacceptable damage on American forces," Ni said.

"Within the context of increasing strategic competition and tension between the two countries, the latest drills are just another signal to the US about the prevails of escalation, including by intervening militarily in support of Taiwan against China … We are likely to see more [of these drills] if bilateral relations worsen."

Footage of the exercise was released just one week after US Admiral John Richardson in Tokyo said the US Navy had not ruled out sending an aircraft carrier through the Taiwan Strait, despite China's military technology advances posing a greater threat to its warships than ever before.

Military tension between the two countries is escalating, with the US sending two warships through the strait on Thursday, and Taiwan saying multiple PLA military jets had also flown near the southern tip of the self-ruled island to the western Pacific for a drill that day.

James Floyd Downes, a lecturer in comparative politics at the Chinese University of Hong Kong, said releasing footage of the missile drill was a calculated political act.

"Beijing is demonstrating its military capacity and overall strength in power," Downes said. "This is arguably a strategic power play and a sign to Washington and the Trump administration of its underlying military power … a key strategy taken directly from the realist playbook in international relations."

Zhang Baohui, a director of the Centre for Asian Pacific Studies at Lingnan University in Hong Kong, said the drill was about deterrence amid rising tensions in the region.

"China has repeatedly stated that the missile can hit moving targets like ships," Zhang said. "While the overall probability of war between the US and China remains very low, Beijing is nonetheless concerned by recent changes in the dynamics of Sino-US relations. The public debut of the DF-26 could mean enhancing its general deterrence."



To: Maurice Winn who wrote (145723)2/6/2019 6:59:33 PM
From: TobagoJack  Read Replies (2) | Respond to of 217847
 
makes one either doubt the numbers given that the government folks are only half-working being so engrossed on whether the potus is a secret Russian agent, or that the trade is in truth free, between will buyers and able sellers

since, as far as I know, no one forced anyone's hand in signing sale & purchase agreements ala gunboat open-door diplomacy-not

bloomberg.com

The U.S. Trade Deficit With China Is Set to Balloon Again
Katia Dmitrieva
President Donald Trump underscored his desire to reduce the trade gap with China in his State of the Union speech Tuesday, yet the deficit is on track to balloon again this year as a solid economy boosts American demand for imports.

The total U.S. deficit in goods with China jumped by $37.6 billion, or 10.9 percent, in the first 11 months of 2018 compared with a year earlier, according to Commerce Department figures that were updated Wednesday with November data.



That brought the year-to-date U.S. trade gap with the world’s second-largest economy to $382.3 billion -- more than five times the next-largest deficit, with Mexico -- keeping the trend of widening intact despite the China gap narrowing by $5.2 billion in November on a monthly basis.

The report illustrates how the trade figures can be volatile from month to month, particularly with a tariff war between the U.S. and China affecting the timing and amount of shipments between the nations.

The China data were part of a shutdown-delayed report showing the overall U.S. trade deficit in goods and services narrowed in November to a five-month low. The smaller gap spurred some analysts to boost tracking estimates of fourth-quarter economic growth, with JPMorgan Chase & Co. raising its projection to a 2.6 percent annualized pace from 2.2 percent.

Trump has pointed to the imbalance of imports and exports with the Asian nation as a sign of how the U.S. is being taken advantage of. He’s vowed to close the gap, saying during his speech Tuesday that one of his goals in negotiating with President Xi Jinping is to “reduce our chronic trade deficit.” But many analysts disagree that the large deficit is a problem for the U.S. economy.

But the data show that despite tariffs on Chinese goods, U.S. consumers and companies keep buying items from the country, importing 7 percent more merchandise in the first 11 months of 2018 than the same period in 2017. The threat of future tariffs also had the effect of pushing companies to stockpile goods, which in some months inflated imports from China, which accounts for about one-fifth of total U.S. imports.

The deficit with China also widened in advanced technology products, which include aerospace, electronics and communications. U.S. imports of such items from China increased in the first 11 months of 2018 by about $6 billion to $160.1 billion, though they were down about $1 billion in November from October. Trump has cited allegations of China’s theft of American technology and information as a basis for confronting the country on trade.

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