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☆ Germany leaps to the defense of Israel at the International Court of Justice, rejects South Africa's accusation of Gaza genocide
▼ + stars: | 2024-01-13 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +4 min

The German government rejected South Africa's genocide allegations against Israel at the ICJ. Germany is set to intervene on Israel's behalf at the international court. "The German government decisively and expressly rejects the accusation of genocide brought against Israel before the International Court of Justice," Hebestreit said. Germany will be allowed to present its own case disputing South Africa's allegation of genocide against Israel, according to reports. The Israeli defense called South Africa's accusations of genocide "baseless, arguing that the stated aim of Israel was the destruction of the Hamas terrorist organization and liberating the hostages that remained imprisoned in Gaza.

Persons: Israel, Israel's, Netanyahu, Olaf Scholz, —, Steffen Hebestreit, Adolf Hitler's Nazi, Hebestreit, Benjamin Netanyahu, Scholz, Adila, Al Jazeera Organizations: ICJ, Service, Hague, International Court of Justice, Federal Government, Genocide, Israel, Getty, Israel's, Minister's Locations: South, Germany, South Africa, Hague's, Israel, Hamas, Be'eri, Gaza

☆ India is a rising force in Southeast Asia as region seeks to counter China's dominance
▼ + stars: | 2023-08-14 | by ( Sumathi Bala | ) www.cnbc.com time to read: +8 min

(Photo credit RAVEENDRAN/AFP via Getty Images) Raveendran | Afp | Getty ImagesIndia is taking major strides to expand its influence in Southeast Asia, a move that will allow countries to counter China's dominance in the region. "India certainly is becoming more ambitious in Southeast Asia. "This is particularly salient to the maritime sphere, namely the South China Sea, where overlapping sovereignty disputes threaten regional stability and openness," he added. "It continues to maintain a very independent streak in its foreign policy, which suits a large number of Southeast Asian countries." While China remained the most influential and strategic power in Southeast Asia, its standing has diminished, the Southeast Asia survey from February showed.

Persons: Pant, Subrahmanyam Jaishankar, Narendra Modi's, Satoru Nagao, Nagao, Derek Grossman, Modi, Xi Jinping, Ted Aljibe, Enrique Manalo, Rand's Grossman, Joanne Lin, Lin, ISEAS's Lin Organizations: Indian, Getty, Afp, Observer Research Foundation, CNBC, Southeast, Hudson Institute, Vietnam Air Force, Rand Corporation, TED ALJIBE, Initiative, ASEAN Studies, Yusof Ishak Institute, Observers, Pant Observer Research, China -, Wilson Center, ASEAN Wonk, U.S, ASEAN Studies Centre, Yusof, Ukraine, U.S ., New Delhi's Observer Research Foundation Locations: New Delhi, AFP, Southeast Asia, India, China, Beijing, Vietnam, Tokyo, China —, Manila, Philippine, Delhi, The Hague, Philippines, Malaysia, Brunei, ISEAS, Singapore, Asia, Europe, China - U.S, U.S, New

HONG KONG, Aug 3 (Reuters Breakingviews) - South Korea’s dealmaking skeletons are back to haunt. Paul Singer's Elliott opposed a $9 billion union eight years ago of Samsung C&T (028260.KS) and Chiel Industries. South Korea’s successful prosecution of Lee, Park and a former minister that oversaw NPS, provided cause for Elliott to demand payback. Elliott sued in 2018 and the Permanent Court of Arbitration in the Hague in June awarded the U.S. fund over $100 million. Far from being the end of it though, President Yoon Suk Yeol’s government is contesting that award in a British arbitration court.

Persons: Samsung's Lee, Paul Singer's Elliott, Elliott, Jay Y, Lee, Park Geun, Yoon Suk, Hague, Yoon, Taiwan's TSMC, Una Galani, Thomas Shum Organizations: Reuters, Korea Inc, Samsung, Chiel Industries, National Pension Service, NPS, U.S ., Korea, Trade, Global, Samsung Electronics, Apple, Tokyo, Korea's Ministry, Justice, Elliott Investment, Thomson Locations: HONG KONG, U.S, Hague, Seoul, Korea, China, Beijing, Washington, Taiwan, Japan, South Korea, United States

☆ Ukraine's Naftogaz says Russia told to pay $5 billion for seizing Crimea assets
▼ + stars: | 2023-04-13 | by ( ) www.reuters.com time to read: +2 min

[1/2] The logo of Ukraine's state energy company Naftogaz is seen outside the company's headquarters in central Kyiv, Ukraine October 18, 2021. REUTERS/Gleb Garanich/File PhotoKYIV, April 13 (Reuters) - Ukraine's state-owned gas company Naftogaz said on Thursday that Moscow had been ordered by an arbitration court in The Hague to pay $5 billion in compensation for unlawfully expropriating its assets in Russian-annexed Crimea in 2014. "Despite Russia's attempts to obstruct justice, the Arbitration Tribunal ordered Russia to compensate Naftogaz for losses of $5 billion," Naftogaz said. The company, whose assets in Crimea included Chornomornaftogaz which produced significant amounts of gas from the Black Sea, gave no further detail of which overseas Russian assets it could target. Naftogaz has been in talks with investors on a debt restructuring to bring the company out of a months-long default.

US President Joe Biden said an international arrest warrant for Vladimir Putin was "justified." The warrant was issued by the International Criminal Court, which the US and Russia don't recognize. On Friday, the ICC released a report accusing the Russian president of "war crimes," declaring him an international pariah by issuing an arrest warrant against him. Russia does not recognize the ICC, and the US's relationship with the court has been fraught, according to Human Rights Watch. We support accountability for perpetrators of war crimes," the spokesperson added.

☆ Dutch trade minister: China protest over export rules is 'understandable'
▼ + stars: | 2023-03-09 | by ( Philip Blenkinsop | ) www.reuters.com time to read: +2 min

STOCKHOLM/AMSTERDAM, March 9 (Reuters) - The Netherlands' Trade Minister said a Chinese protest over the Dutch decision to impose restrictions on computer chip technology exports was "understandable", but on Thursday said she expected diplomatic relations would remain good. Liesje Schreinemacher was speaking in Stockholm after the Netherlands said on Wednesday it would follow the U.S. in imposing stricter export rules. Chinese foreign ministry spokesperson Mao Ning said the Dutch rules would "limit normal economic and trade exchanges between Chinese and Dutch companies". Asked whether Dutch restrictions, which are expected to be in place by this summer, will actually be more lax than comparable U.S. restrictions imposed on its own companies last year, she avoided the comparison. Reporting by Philip Blenkinsop; Writing by Toby Sterling; Editing by Alex Richardson and Josie KaoOur Standards: The Thomson Reuters Trust Principles.

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