Sanctions on Russia: Escalation and impact
Following the full-scale invasion of Ukraine on 24 February 2022, Western governments significantly expanded sanctions targeting Russia’s finance, e...
Panama leaders reassert sovereignty over Panama Canal after Trump threat
Panama's President Jose Raul Mulino reaffirmed the country's sovereignty over the Panama Canal in a statement signed alongside three former presidents of the country on Tuesday in response to recent threats made by U.S. President-elect Donald Trump to take control of the canal.
Calling the Panama Canal "a vital national asset for the United States", Trump on Saturday slammed what he called unfair fees for U.S. ships passing through the Canal and threatened to demand control of the waterway be "returned" to Washington.
Trump's statement has been met with fierce opposition from the Panama side.
Tuesday's statement by the presidents restated that the sovereignty and independence of Panama are not negotiable.
"As former presidents, we support the statements of President Jose Raul Mulino and we unite under the affirmation that the sovereignty of our country and our canal are not negotiable," former presidents Mireya Moscoso, Ernesto Perez Balladares, and Martin Torrijos Espino said in the statement.
The statement noted that the canal has the mission of serving humanity and its trade, which is one of the great values that Panamanians offer to the world, giving the international community a guarantee of not taking part, or being an active part in any conflict.
Also on Tuesday, the Bolivarian Alliance for the Peoples of Our America - People's Trade Treaty (ALBA-TCP) said in a statement that its member states strongly reject the statements made by Trump.
The Panama Canal is an important commercial passageway protected by International Law, the Torrijos-Carter Treaty and the Treaty Relating to the Permanent Neutrality and Operation of the Panama Canal, which, as an immovable law, establishes that the waterway is an inalienable part of Panamanian territory, and therefore this claim represents an aggression against the sovereignty of that country, said the statement.
The Bolivarian Alliance categorically rejects this new threat to the Latin American and Caribbean region and supports Panama in the defense of its sovereignty, territorial integrity and self-determination, the statement said.
The Panama Canal, an artificial waterway in Panama that connects the Atlantic with the Pacific, was completed by the United States in 1914 and returned to Panama in 1999 under a treaty signed by then U.S. President Jimmy Carter and then Panamanian leader Omar Torrijos. The deal relinquishes American control over the canal by year 2000 and guarantees its neutrality.
Italy said a fond farewell to the Winter Olympics on Sunday with an open-air ceremony in the ancient Verona Arena that celebrated art and sporting achievement at a Games lauded as a model for how to stage such events.
The United States and Iran will hold a new round of nuclear negotiations in Geneva on Thursday as part of renewed diplomatic efforts to reach a potential agreement, Oman’s Foreign Minister Badr Albusaidi announced on Sunday.
Further Iran-U.S. nuclear talks are scheduled in Geneva on Thursday (26 February) as diplomacy resumes over Tehran’s nuclear programme following earlier mediation efforts. But will the talks move Iran-U.S. negotiations closer to a deal, and what should be expected from the meeting?
Mexican authorities said on Sunday that Nemesio Oseguera Cervantes, known as El Mencho and head of the Jalisco New Generation Cartel (CJNG), was killed during a military operation in the western state of Jalisco.
Syria has secured a $50 million financing package from the World Bank to support transport infrastructure projects as the country advances its economic recovery efforts, Syrian media reported on Sunday.
Following the full-scale invasion of Ukraine on 24 February 2022, Western governments significantly expanded sanctions targeting Russia’s finance, energy, trade and technology sectors. The measures built on restrictions first imposed in 2014 following Russia's illegal annexation of Crimea.
Britain imposed its largest package of sanctions on Russia in years on Tuesday (24 February), marking the fourth anniversary of Moscow’s invasion of Ukraine, as London also announced fresh military and humanitarian support for Kyiv.
U.S. President Donald Trump’s new 10% global tariffs have come into effect, hours after the Supreme Court blocked many of his sweeping import taxes in a 6–3 ruling. Allies around the world are weighing possible retaliation, while markets brace for further upheaval.
Torrential downpours have triggered deadly mudslides and widespread flooding in southern Peru, leaving at least seventeen people dead - including fifteen killed in a military helicopter crash - as hundreds of districts across the country remain under a state of emergency.
The U.S. ambassador to France, Charles Kushner, has been banned from meeting members of the French government after not showing up at the Foreign Affairs ministry, where he had been summoned over comments on the killing of a French far-right activist last week, diplomatic sources said on Monday.
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