WINNIPEG, Aug. 26 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.
– Canadian Foreign Minister Francois-Philippe Champagne and Chinese state councilor Wang Yi discussed the plight of Michael Spavor and Michael Kovrig, the two Canadians detained in China since December 2018. Spavor and Kovrig were put behind bars shortly after Canadian authorities arrested Huawei executive Meng Wanzhou at the request of United States officials. Spavor and Kovrig have since been charged with espionage. While respectively on official business in Rome, Champagne and Wang met for 90 minutes with Champagne calling for the release of the two Canadians.
– As for Meng Wanzhou, her defence team lost their bid to have secret documents made available to them for her extradition hearing. The defence claimed Meng’s arrest in December 2018 at the Vancouver airport was “co-ordinated state misconduct” alleging that Canadian authorities were working together with the Federal Bureau of Investigation in the United States. Federal Court Justice Catherine M. Kane ruled on Tuesday that the documents were not relevant to Meng’s extradition. In a separate action, Meng’s defence is also pursuing the matter through the Supreme Court of British Columbia, which held closed-door hearings last week.
– Two people were killed and a third was wounded following protests in Kenosha, Wis. late Tuesday evening. Kenosha Police reported three shots were fired at 11:45 pm. Video footage on social media shows a gun battle between civilians, including a man with a long gun. Demonstrations have been ongoing in the Wisconsin city following the shooting of Jacob Blake, an African-American man, who was struck seven times by police bullets on Sunday. Kenosha Police have yet to publicly explain why their members shot Blake.