Germany stopped exporting weapons to Israel. What is the reason
Category
World
Publication date

Germany stopped exporting weapons to Israel. What is the reason

Germany stopped exporting weapons to Israel. What is the reason
Source:  Reuters

Official Berlin has temporarily suspended arms exports to Israel due to lawsuits. Jerusalem is accused of violating humanitarian law.

Points of attention

  • Germany has suspended arms exports to Israel due to lawsuits and violations of humanitarian law.
  • In 2024, Jerusalem received permits to export weapons worth 14.5 million.
  • The suspension of arms exports shows that countries are concerned about the use of their products and the possible violation of international law.

Germany stopped exporting weapons to Israel

In 2023, the Ministry of Economy of Germany approved the supply of arms to Israel for a total amount of 326.5 million euros.

In August 2024, it turned out that in almost eight months, Jerusalem received permits for the export of defense products worth 14.5 million euros. At most, the article "military weapons" accounted for 32,449 euros.

What is the reason, said a Reuters interlocutor close to the German Defense Ministry. Berlin has suspended arms exports due to lawsuits against Israel.

Germany is wary of being accused of violating humanitarian law. Therefore, until Israel is acquitted because of the situation in Gaza, it is unlikely that exports will be restored.

It should be noted that earlier Great Britain also suspended the export of some weapons. It suspended 30 licenses out of 350.

Why is the sale of arms to Israel suspended?

This is related to the situation in Gaza, where more than 41,000 Palestinians have died since the beginning of the escalation of the armed conflict between Israel and Hamas.

Germany and Britain are worried that their weapons may be used in violation of international law.

Earlier, the head of the British Foreign Office, David Lammy, said that the suspension of the sale of some weapons is not a complete embargo.

Category
Economics
Publication date

The IMF is sounding the alarm over Trump's new decision

The IMF assessed the potential consequences of Trump's decisions
Source:  Bloomberg

The head of the International Monetary Fund, Kristalina Georgieva, draws attention to the fact that tariffs imposed by the administration of US President Donald Trump could be a devastating blow to the global economy.

Points of attention

  • The immediate impact of Trump's decisions on global markets highlights the urgency of avoiding steps that could further harm the global economy.
  • IMF emphasizes the need for timely and coordinated actions by the international community to address the challenges posed by escalating trade tensions.

The IMF assessed the potential consequences of Trump's decisions

According to Kristalina Georgieva, she and her team are currently assessing the macroeconomic consequences of the announced tariff measures.

They are a significant risk to the global outlook during a period of sluggish growth, the IMF chief emphasized.

Georgieva calls on the international community not to ignore the fact that the US president's decision instantly caused global markets to collapse.

She also added that it is now extremely important to avoid steps that could further harm the global economy.

We call on the United States and its trading partners to work constructively to resolve trade tensions and reduce uncertainty.

Kristalina Georgieva

Kristalina Georgieva

IMF Head

As mentioned earlier, the team of American leader Donald Trump has imposed a 25% tariff on all foreign-made cars and parts imported into America.

Moreover, the White House announced a 20% tariff on goods from the European Union.

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