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China calls on Canada to free Huawei CFO or face consequences

BEIJING/OTTAWA: China warned Canada on Saturday that there would be severe consequences if it did not immediately release Huawei’s chief financial officer, calling the case “extremely nasty.” Meng Wanzhou, Huawei’s global chief financial officer, was arrested in Canada on Dec. 1 and faces extradition to the United States, which alleges that she covered up her company’s links to a firm that tried to sell equipment to Iran despite sanctions. The executive is the daughter of the founder of Huawei. If extradited to the…

China, Russia warn US of consequences over sanctions

MOSCOW: Moscow and Beijing lashed out Friday at Washington's new anti-Russian sanctions that also target China for the first time, warning the United States could face consequences. The United States is "playing with fire", Russia's deputy foreign minister Sergei Ryabkov said, while Beijing voiced "strong indignation" over the move. United in their resentment of America's global influence, China and Russia have sought in recent years to tighten up their ties and this month conducted week-long joint military drills,…

IMF austerity has consequences for children’s health: study

WASHINGTON: Austerity policies imposed by the International Monetary Fund may harm parents' ability to care for their children's health, according to a study published Monday. The steep cuts in social spending the IMF often demands can curtail the availability of education, leaving parents poorer, less employable and more vulnerable to economic change, according to the study. Those who do benefit from an education can suffer from reduced quality teaching -- with notable consequences for the health of their children,…