Catastrophic situation. Canada is going to arrest the Prime Minister of Israel
Category
World
Publication date

Catastrophic situation. Canada is going to arrest the Prime Minister of Israel

Canada agrees with the decision of the ICC
Source:  Ukrinform

Canadian authorities have publicly confirmed that they intend to "abide by their commitments" regarding the potential arrest of Israeli leader Benjamin Netanyahu under an International Criminal Court ruling.

Points of attention

  • Canada explained why it supports the ICC's decision.
  • The court accuses Israeli officials of war crimes and crimes against humanity.
  • US President Joe Biden and Hungarian leader Viktor Orbán have already opposed the ICC's decision and refuse to comply with it.

Canada agrees with the decision of the ICC

The head of Canadian diplomacy, Melanie Jolie, made a statement on this occasion.

She reminded that Canada is a founding state of the International Criminal Court, so it has no right to ignore the decision of the ICC.

Canada has always believed not only in the importance of international law, but also in the obligation of its observance by all parties at all times. At the same time, to achieve this, we need accountability in the world. Based on this, Canada will comply with its obligations under the Rome Statute.

Melanie Jolie

Melanie Jolie

Head of Foreign Affairs of Canada

According to her, as of today, "the situation in Gaza is catastrophic."

The Canadian diplomat draws attention to the fact that too many children and women were killed.

The hostages must be released... That is why a truce is needed, and Canada has been advocating this position for a very long time, — emphasized Jolie.

Why did the ISS make such an unexpected decision

The International Criminal Court accuses both Israeli officials of war crimes and crimes against humanity in the context of the conflict with Palestine.

According to official data, we are talking about crimes that were committed from at least October 8, 2023 to at least May 20, 2024.

Journalists managed to find out that the arrest warrants are labeled "secret" to protect witnesses and ensure an investigation.

The pre-trial chamber of the ICC found that there was reason to believe that Netanyahu and Galant deliberately and knowingly deprived the civilian population of Gaza of items necessary for survival — food, water, medicine and medical supplies, as well as fuel and electricity.

US President Joe Biden and Hungarian leader Viktor Orbán have already publicly opposed this decision of the International Court of Justice and declared that they are not going to comply with it.

Category
Economics
Publication date

$33 trillion in global trade at risk because of Trump

Trump is capable of destroying the global economy
Source:  Bloomberg

Foreign economists are sounding the alarm as US leader Donald Trump plans to impose the largest trade restrictions in 100 years. This decision will be a powerful blow to the global trading system and will provoke many serious problems.

Points of attention

  • The global trade policy uncertainty index has reached its highest level since 2009, indicating the heightened risk and instability associated with Trump's trade decisions.
  • Under the maximum approach, the average tariff rates in the US could increase to 28 percentage points, resulting in a significant decline in GDP and a notable increase in prices over the next few years.

Trump is capable of destroying the global economy

A statement on this occasion was made by Nomura Holdings Inc. Chief Economist Rob Subbaraman.

He points out that the lack of details about the structure, size and purpose of the tariffs has left the world "flying blind".

According to the expert, about $33 trillion in global trade could be affected by Donald Trump.

It is also impossible to ignore the fact that the global trade policy uncertainty index soared to its highest level since 2009 on April 1.

A group of economists from Goldman Sachs Group Inc. has suggested that the average U.S. tariff for all countries in 2025 will likely increase by 15 percentage points.

There is a high probability that this, in turn, will trigger an increase in core inflation, weakening growth and increasing the risk of recession.

Under the maximum approach, average tariff rates in the US would increase to 28 percentage points, leading to a 4% decline in US GDP and an increase in prices of almost 2.5% over two to three years.

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