Wednesday, March 12

Author: Patti Mohr

Patti Mohr is a U.S.-based journalist. She writes about global diplomacy, economics, and infringements on individual freedom. Patti is the founder of the Global Economic Report. Her goal is to elevate journalistic principles and share the pursuit of truth in concert with others.
Ice Cream Maker Under Fire For Stopping Sales In The Occupied Palestinian Territory
Human rights, Middle East, Political Systems, Domestic Politics, Types of News: Analysis

Ice Cream Maker Under Fire For Stopping Sales In The Occupied Palestinian Territory

EDITORIAL: Backlash Against Ben & Jerry's Draws Attention to Israel's Use of Settlers to Drive Palestinians Out August 6, 2021—A company that takes pride in its logo, "Peace, love and ice cream," finds itself in the hot seat this Summer as the government of Israel, politicians in the U.S. states of Florida, and activists in nonprofit organizations and on social media launch campaigns against it. On July 19, Ben & Jerry's announced that it would no longer sell ice cream in the Occupied Palestinian West Bank. "We believe it is inconsistent with our values for our product to be present within an internationally recognized illegal occupation," the company founders Jerry Greenfield and Ben Cohen wrote. Ever since that decision, the company and its parent company Unilever have b...
Mexico Sues U.S. Gun Manufacturers, Saying Defendants ‘Knowingly Sell to Criminals’
Arms Sales, Military Industry, Corruption, Bribes, Illicit Finance & Money Laundering, Global Trade, Types of News: Brief

Mexico Sues U.S. Gun Manufacturers, Saying Defendants ‘Knowingly Sell to Criminals’

It is illegal to sell military-style weapons in Mexico. Lawsuit Sheds Light On Gun Sales And Criminal Cartels August 5, 2021--The government of Mexico filed a personal injury lawsuit against 10 U.S. gun manufacturers yesterday. It's significant that the lawsuit accuses U.S. gun manufacturers of knowingly and willingly selling their products to criminals. "The flow of guns from Defendants’ U.S. manufacturing plants and stores to the streets of Mexico is not an inevitable, natural phenomenon like the migration of monarch butterflies," the lawsuit says. "The flow of guns into Mexico is a foreseeable result of Defendants’ deliberate and knowing decisions to design, market, distribute, and sell guns in ways they know with virtual certainty will supply criminals in Mexico." 10 Defend...
UK, US Diplomats Denounce Taliban’s Crimes Against Humanity
Diplomacy, International Law, Legal Battles, Types of News: Brief, UN Security Council

UK, US Diplomats Denounce Taliban’s Crimes Against Humanity

August 2, 2021--Following reporting by a human rights organization about retaliatory killing by the Taliban in Afghanistan, diplomats for the United States and the United Kingdom took to Twitter to call for accountability. The latest report comes after an attack against a UN compound in Herat, Afghanistan. It also follows news from the United Nations about a sharp rise in civilian killings in Afghanistan since May. As violence rises, many international diplomats are questioning whether the Taliban could ever be trusted to govern and take part in peace talks. A UN Assistance Mission in Afghanistan warns that 2021 is on track to witness the "highest ever number of documented civilian casualties in a single year since UNAMA records began." Retaliatory Killings The Afghanistan Inde...
U.S. Government To Breach $22 Trillion Debt Limit By August 1
Global Economics, Types of News: Brief, United States

U.S. Government To Breach $22 Trillion Debt Limit By August 1

Total Public Outstanding Debt Is $28.4 Trillion Photo by Alexander Schimmeck. July 29, 2021—The United States government is expected to run out of borrowing authority on August 1. That is two to three months sooner than expected. As a result, beginning tomorrow, July 30, the Treasury will suspend sales of certain securities. The debt limit, however, is actually not so simple. Significantly, the implications are larger than sales of securities. Already Exceeding the $22 Trillion Limit Treasury Secretary Janet Yellen wrote to Congress late last week, asking lawmakers to either increase the current limit or continue suspending it. She said that would "simply allow Treasury to pay for previously enacted expenditures." Reaching the debt limit occurs every few years. It means ...
U.S. Court Rules in Favor of Importers Opposing Tariffs on Chinese Goods
Global Trade, Types of News: Brief

U.S. Court Rules in Favor of Importers Opposing Tariffs on Chinese Goods

July 7, 2021-In what may be the first of thousands of cases contending Trump-era tariffs on Chinese goods, a high-level U.S. court ruled on Tuesday in favor U.S. importers. According to attorneys for the U.S. businesses, the ruling is likely to impact more than 6,500 plaintiffs who have filed similar lawsuits. The Case Decided This Week A group of U.S. companies in the flooring and home-based consumer products argued that import tariffs on Chinese goods imposed "irreparable harm" on their businesses. The case, which is the first of 3,600 cases before the Court of International Trade, relates to the final collection of tariff duties, called "liquidation." Specifically, the court ruled that, "Liquidation, as the final computation of duties, will constitute irreparable harm unless an...
China: National Security Law Brought Hong Kong ‘On Track’
Communism, Dictatorship, Democracy, Political Systems, Domestic Politics, Types of News: Brief

China: National Security Law Brought Hong Kong ‘On Track’

June 30, 2021-China's Foreign Minister Wang Wenbin said China's National Security Law brought Hong Kong "back to the right track." Asked about allegations of human rights issues during a press conference today, Wang said Hong Kong is back on track and "the rule of law and justice have been upheld." Hong Kong Source: Mohr Media, file photo "This is an undeniable fact that any unbiased people would recognize," Wang said. Moreover, he cited economic statistics to back up his assertion that the world supports China's rule over Hong Kong. China's Crack Down on Freedoms As the GER has previously reported, Hong Kong has cracked down on speech since the new National Security Law and the election law have taken effect. China, meanwhile, credits the National Security Law for making...
Australia Asks WTO For Dispute-Talks Over Waning Wine Sales in China
Global Trade, Organizations, IMF, WTO, G7, Types of News: Brief

Australia Asks WTO For Dispute-Talks Over Waning Wine Sales in China

June 29, 2021-Australia requested dispute consultations in the World Trade Organization with China this week over its wine imports. Specifically, Australia is challenging China's anti-dumping and countervailing measures on imports of Australian wine. The WTO is the world's largest body for settling trade disputes. Australian exports of wine are facing countervailing measures in China over trade disputes. Photo credit: Just Wines According to a Reuters news story published in the Spring, Australian wine exports from AU$325 million in the final quarter of 2019 to AU$12 million in December of 2020. The agreements cited are the WTO's Anti-Dumping Agreement, the Agreement on Subsidies and Countervailing Measures, and the General Agreement on Tariffs and Trade 1994. China-Australia Trad...
Britain Considers Joining Trans-Pacific Trade Deal
Global Trade, Types of News: Brief

Britain Considers Joining Trans-Pacific Trade Deal

June 25, 2021-The United Kingdom started talks this week to join one of the world's largest trade agreements. "The launch of negotiations marks a huge milestone in our accession process, and I look forward to talks starting in the coming weeks," Liz Truss, UK's International Trade Secretary, said. CPTPP: 11 Plus One The government announced the CPTPP talks on Tuesday with much fanfare. Japan's Yasutoshi Nishimura is leading the talks on behalf of the pact. The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is a trade pact with Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. The 11 countries signed it in 2016 after years of negotiating. If Britain joins the 11-nation pact, the CPTPP would grow ...
Free Press Dies in Hong Kong As China Freezes Paper’s Assets
Communism, Dictatorship, Democracy, Political Systems, Domestic Politics, Types of News: Analysis

Free Press Dies in Hong Kong As China Freezes Paper’s Assets

June 22, 2021--The writing may have already been on the wall for the forced closure of the Apple Daily paper when China passed its security law. But the news yesterday that China's strong-arm control of Hong Kong would force the pro-democracy tabloid to shut down still stung like an unexpected bite. In the past week, Hong Kong authorities froze the paper's financial assets, arrested two of the paper's senior executives and raided the paper's offices. Unable to pay staff or operations, the paper is expected to close within days. The forced closure of the paper made headline news around the world on Monday. And in Hong Kong, it represents "the biggest sledgehammer blow to Hong Kong's fast-vanishing civil liberties" since the handover to China in 1997, an editorial in the Apple Daily sa...
Inflation Jumps to 4.2 Percent in the United States
Global Economics, Types of News: Brief

Inflation Jumps to 4.2 Percent in the United States

May 12, 2021--After months of speculation by economists and analysts about the potential for inflation in the United States, new government data shows the concerns were legitimate. Inflation in April rose to 4.2 percent, up from 2.6 percent in March. Moreover, it is the largest 12-month increase since 2008. It's a sign that the U.S. spending spree in the midst of the global pandemic may be hitting a wall. Further exacerbating problems are supply shortages in everything from labor to semiconductors to hot dogs. Highest Rising Prices The energy sector, in particular, draws attention as prices of oil and gas spiked. But even setting aside prices in food and energy, inflation nearly doubled, from 1.6 percent in March to 3 percent in April. Consumers found the highest rising p...

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