Wednesday, November 27

Diplomacy

The GER covers diplomacy, international organizations, and meetings. Looking beyond our individual political systems we find people and organizations working to make life better for people in both conflict-ridden places as well as secure, developed countries. It is not enough to focus on the end results of international relations. It’s worth focusing on the day-to-day work of diplomacy. Often, that’s where breakthroughs occur.

U.S. Treasury Assesses Impact Of Sanctions On Russia
Arms Sales, Military Industry, Sanctions, Types of News: Brief

U.S. Treasury Assesses Impact Of Sanctions On Russia

U.S. Government Warns About Secondary Sanctions To People Or Entities Supporting Russia's War October 17, 2022—As Russia has waged war against Ukraine and Ukraine fought back, Western governments have carefully weighed in on the battle through the global financial system. It's a powerful economic coalition that comprises 37 countries. The U.S. government alone issued roughly 1,500 new sanctions and amended 750 more. They target Russia's defense industrial base, the aerospace sector, the microelectronic industry, financial institutions, elites and oligarchs, luxury goods, and oil refining. The sanctions are having an impact on the Russian economy. But is it enough to have an impact strong enough to end the war? Impact of Sanctions On Friday, the U.S. Treasury Department rele...
EU Advances Bosnia And Herzegovina Membership Request
Europe, EU, Eurozone, Geopolitics, Human rights, Types of News: Brief

EU Advances Bosnia And Herzegovina Membership Request

European Commission Demands Candidate Countries Provide Stronger Human Rights Protections October 14, 2022—The European Commission gave the green light to Bosnia and Herzegovina on its candidacy to join the 27-member European Union. The decision, which comes with stipulations, moves to the European Council. EU leaders are aspiring to expand their bloc as a way to spread their perspective on the world stage. Commissioner Olivér Várhelyi called the enlargement policy a "geostrategic investment" in the continent's peace and stability. Candidates for the EU Line Up Ukraine, Moldova, and Georgia are the latest countries to request membership. The bloc already has many countries waiting to get in, including Turkey, Montenegro, Serbia, Albania, and Kosovo. "The Western Balkans are ...
Ukraine Fast Tracks NATO Application After Russia Takes Territory
Diplomacy, Geopolitics, Types of News: Brief

Ukraine Fast Tracks NATO Application After Russia Takes Territory

Ukrainian President Volodymyr Zelensky asked NATO to fast-track Ukraine's application on September 30, 2022. September 30, 2022—After Russia took four territories in Ukraine, Ukrainian President Volodymyr Zelensky applied to the NATO security alliance to fast-track Ukraine's application. "Today, here in Kyiv, in the heart of our country, we are taking a decisive step for the security of the entire community of free nations," Zelensky said today in an address to his nation. Zelensky asserted that Russia would have attacked other countries, such as the Baltic states, Poland, Moldova, and Georgia if Ukrainians had not stopped them. "Security has no alternatives. But determination is needed to guarantee it. We are taking our decisive step by signing Ukraine’s application for accele...
New U.S. Ban On Xinjiang-Made Products Goes Into Effect
Global Trade, Human rights, Types of News: Brief

New U.S. Ban On Xinjiang-Made Products Goes Into Effect

Source: WSJ June 22, 2022—A new U.S. law banning products made in Xinjiang, China goes into effect today. It requires U.S. importers to pay close attention to goods that might have been produced by forced labor in Xinjiang Uyghur Autonomous Region. The list of products impacted includes cotton and textiles, hair products, and silicon. Some of the companies named in the import ban are already on the U.S. sanctions list. Last year, for example, the U.S. government ban solar products made in Xinjiang. The complaint by the United States is that the products are made with forced labor by the Chinese government of Uyghurs, Kazakhs, Kyrgyz, and other minorities. The region is known, according to a statement by the State Department,  for ongoing practices by the Chinese government...
As Nicaragua Invites Russian Troops To Central America, U.S. Responds
Communism, Dictatorship, Geopolitics, Sanctions, Types of News: Brief

As Nicaragua Invites Russian Troops To Central America, U.S. Responds

U.S. Treasury Sanctions State-Owned Gold Mining Firm June 17, 2022—Citing Nicaragua's closer ties with Russia and political oppression at home, the U.S. Treasury issued new sanctions today targeting a Nicaraguan mining company and a government official. Specifically, it targets Empresa Nicaraguense de Minas (ENIMINAS), a state-owned gold-mining company, and Ruy Lopez Delgado, the head of the enterprise. Nicaragua Welcomes Russian Military The sanctions action comes just days after Nicaragua's parliament approved a decree to allow Russian troops to enter the Central American country. Nicaraguan President Daniel Ortega invited Russian troops into his country to carry out law enforcement duties and conduct joint military exercises, ABC News reported earlier this month. On J...
OECD Ministers Emphasize ‘Shared Values,’ Open Path To New Members
Diplomacy, Organizations, IMF, WTO, G7, Types of News: Bit

OECD Ministers Emphasize ‘Shared Values,’ Open Path To New Members

June 10, 2022—Ministers from the 38-member organization of Western powers focused on coordinating a response to economic challenges coming primarily from Russia's war against Ukraine. In operation since 1960, the Organisation for Economic Co-operation and Development is drawing up plans to unite around an agenda of democratic values, climate action and expansion. The group is making way for new members to join, and Brazil, Bulgaria, Croatia, Peru, and Romania are the primary contenders. After a two-day meeting, OECD ministers released a 17-point statement. It set goals, such as avoiding protectionism, including export restrictions, restoring trust in democratic participation, regulating digital transformation, reforming international tax systems, and maintaining a rules-based internatio...
EU Agrees To A Partial Ban On Russian Oil
Europe, EU, Eurozone, Sanctions, Types of News: Brief

EU Agrees To A Partial Ban On Russian Oil

European Council Plans To Accelerate Transition To Alternative Energy May 31, 2022-The 27 heads of government of the European Union agreed today to reduce its dependence on Russian fossil fuels and to accelerate a transition to alternative sources of energy. The decision sets the EU on a course to ban up 90 percent of Russian oil imports by the end of the year. It is part of the sixth round of sanctions against Russia and Belarus in response to Russia's war against Ukraine. "The European Council is committed to intensify pressure on Russia and Belarus to thwart Russia’s war against Ukraine," the Council said in an 11-page document. "The European Council calls on all countries to align with EU sanctions. Any attempts to circumvent sanctions or to aid Russia by other means must be s...
Timeline Of UN-Related Responses To Russia’s 2022 Invasion Of Ukraine
Diplomacy, International Law, Legal Battles, Types of News: Infographic, UN Security Council

Timeline Of UN-Related Responses To Russia’s 2022 Invasion Of Ukraine

Editor's note: The United Nations and its agencies are responding on a regular basis to the Russia-Ukraine war, condemning Russia's aggression with multiple acts and resolutions. Here is a snapshot of that action. February 24, 2022         The Russian Federation invaded Ukraine. February 26, 2022  The U.N. Security Council considered a resolution on Russia's invasion. February 28, 2022         The International Criminal Court launches an investigation concerning potential atrocities and war crimes against Russia’s invasion of Ukraine. Starting on March 2nd. March 2, 2022               The UN General Assembly voted 141-5 in favor of a resolution to condemn Russia’s war on Ukraine and call for an immediate end to the violence. March 7, 2022               ...
Crypto In The Russia-Ukraine War
Big Tech, Digital Economy, Cryptocurrency, Foreign Aid, International Development, Types of News: Analysis, Types of News: Brief

Crypto In The Russia-Ukraine War

Cryptocurrencies Are Playing Roles In The Battle; And The Battle Is Impacting The Prices This is a follow-up piece to Finance writer Jesús Cedeño's analysis of where cryptocurrencies are today. All viewpoints are his own do not necessarily reflect the views and positions of the Global Economic Report. Neither the writer nor Mohr Media’s GER website are responsible for readers’ investment decisions. April 11, 2022—It’s no coincidence that Bitcoin prices have shown an upward trend since February 25th. Today, we cannot talk about cryptocurrencies without looking at the Russia-Ukraine war. It's a factor that is influencing not only crypto’s value, but also the way governments all over the world are using and reacting to the conflict.   Larry Fink, chairman of BlackRock, says the R...
UN Boots Russia Out Of Human Rights Council
Diplomacy, Human rights, Types of News: Brief, UN Security Council

UN Boots Russia Out Of Human Rights Council

UN General Assembly on April 7, 2022 April 10, 2022--This week, the UN General Assembly by a two-thirds majority put forth a resolution to suspend Russia from the UN Human Rights Council. With a vote of 93 for-to-24 against with 58 countries abstaining, the resolution passed.   Some of the countries that voted to remove Russia included Ukraine, France, the United States, the United Kingdom, and Norway. China, Cuba, and Iran joined the countries siding with Russia. Meanwhile, India, Brazil, South Africa, Pakistan, and Singapore were among the 58 countries that abstained from the vote. It was April 7th, and it was the anniversary of the 1994 genocide. Mass Atrocities in Ukraine One of the main factors influencing the special session of the General Assembly was multiple reports...

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