Politics – Canadian Investor

Poland charges Huawei manager, ex-spy with spying for China

January 11, 2019 CanadianInvestor

WARSAW, Poland — Poland’s counter-espionage agency has arrested a Chinese manager at tech giant Huawei in Poland and one of its own former officers and informed them both that they face charges of spying on Poland for China, state television reported Friday. The two men were arrested Tuesday, according to the Internal Security Agency. Polish security agents also searched the... Read More

First ministers’ meeting likely to be most fractious, least productive for PM

December 7, 2018 CanadianInvestor

$First ministers’ meeting likely to be most fractious, least productive for PM$

MONTREAL — Manitoba’s Brian Pallister is warning that nothing will be accomplished at today’s first ministers’ meeting if premiers insist on expanding the agenda to discuss a laundry list of issues. “That’s the trick isn’t it? When you’ve got a few hours to discuss things and there are many things,” Pallister said on his way into a meeting of first... Read More

France suspends fuel tax, but protesters vow to fight on

December 4, 2018 CanadianInvestor

PARIS — The French government’s decision to suspend fuel tax and utility hikes Tuesday did little to appease protesters, who called the move a “first step” and vowed to fight on after large-scale rioting in Paris last weekend. In a major U-turn for the government, Prime Minister Edouard Philippe announced in a live televised address that the planned increases, which... Read More

Qatar will pull out of OPEC amid tension with Saudi Arabia

December 3, 2018 CanadianInvestor

DUBAI, United Arab Emirates — The tiny, energy-rich Arab nation of Qatar announced on Monday it will withdraw from OPEC in January, mixing its aspirations to increase production outside of the cartel’s constraints with the politics of slighting the Saudi-dominated group amid the kingdom’s boycott of Doha. The surprise announcement from Qatar’s minister of state for energy affairs, Saad Sherida... Read More

As G-20 summit opens, contentious issues loom on sidelines

November 30, 2018 CanadianInvestor

BUENOS AIRES, Argentina — Heads of state from the world’s leading economies were invited to the Group of 20 summit to discuss issues like development, infrastructure and investment. As the gathering officially kicks off Friday, those themes seem like afterthoughts, overshadowed by contentious matters from the U.S.-China trade dispute to the conflict over Ukraine. Also expected to loom large amid... Read More

Canada Post strike reveals the shifting nature of the postal service

November 21, 2018 CanadianInvestor

TORONTO — The Canada Post of today that finds itself struggling through rotating strikes is a very different organization from the postal service that last saw labour disruptions. Back in 2011, as the company faced a labour dispute that led to its first loss in 17 years, then-CEO Deepak Chopra unveiled a plan to restructure the centuries-old institution to adapt to major... Read More

With new Egypt capital being built, what becomes of Cairo?

November 16, 2018 CanadianInvestor

CAIRO — Billboards across Cairo advertise luxury homes with “breathtaking” views in compounds with names like “La Verde” or “Vinci” in Egypt’s new capital that is under construction in the desert, miles from the Nile-side city which has been the seat of power for more than 1,000 years. Often, what lies behind the billboards are Cairo’s most overcrowded neighborhoods, with... Read More

Google app tested in Venezuela takes swipe at press censors

October 26, 2018 CanadianInvestor

CARACAS, Venezuela — Google has unveiled a tool meant to help fight press censorship around the world, testing it first in Venezuela, where journalists say they’re battling a government bent on burying online stories that expose corruption and human rights abuses. News junkies in Venezuela clicking on links to independent websites have been frustrated in recent years by messages on... Read More

U.S. Exxon lawsuit takes aim at Alberta oilsands over climate risks

October 26, 2018 CanadianInvestor

A lawsuit filed this week in a U.S. court says ExxonMobil has dramatically underestimated the risks its oilsands assets face from efforts to reduce carbon emissions. The lawsuit, filed after a three-year investigation by the New York attorney general’s office, charges that Exxon deliberately lowballed by $30 billion the carbon costs faced by 14 different Alberta oilsands operations it runs... Read More

Apple CEO backs privacy laws, warns data being ‘weaponized’

October 24, 2018 CanadianInvestor

BRUSSELS — The head of Apple on Wednesday endorsed tough privacy laws for both Europe and the U.S. and renewed the technology giant’s commitment to protecting personal data, which he warned was being “weaponized” against users. Speaking at an international conference on data privacy, Apple CEO Tim Cook applauded European Union authorities for bringing in a strict new data privacy... Read More