The UK Rejects Punishing China EVs, Canada Makes Surprise Visit To Beijing (Just In Case) Sean Foo
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As the US moves closer to a new President, the G7 is in panic mode. Countries like the UK and Canada are recalibrating and hedging their bets as Trump gets closer and closer to the Oval Office. Canada just made a surprise unannounced visit to China while the UK refused to impose tariffs on Chinese EVs, at least for now.
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✅ Timestamps & Chapters: 0:00 Canada's Big China Surprise 3:01 US Tariff Trade War Fears 6:02 UK Rejects China Punishments 9:16 UK Pursues Big EV Growth 11:47 China To Set Up UK Factories?
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UN Court Deals HUGE BLOW To Israel. This Will HURT Zionism For Decades. Neutrality Studies 118K subscribers
55,533 views Jul 21, 2024 The International Court of Justice just delivered another land-mark ruling concerning Israel’s illegal occupation of Palestine that, judging from Netanyahu’s furious reaction, must really hurt. So, let’s have a look at this.
Before going into the ruling of the International Court of Justice (or the ICJ as I will call it from here on), let’s make it clear what we are dealing with here.
Because, while this is a highly significant decision that had to be duly voted on by all the court’s 15 judges, it is not an enforceable judgment over a concrete case brought to the ICJ by a UN member, like the South Africa case against Isreal. There is no “guilty” verdict or punishment attached to this one. What the court produced was a so-called “advisory opinion” on a legal matter which the UN General Assembly asked it to produce.
Why did the Assembly do this? Well, advisory opinions from the ICJ are the most authoritative interpretations of international law that you can get. It means the court’s 15 lawyers and their teams studied a certain legal question for months and years and then deliver a judgment in the sense of a “super expert opinion” on the matter.
In the practice of international law, these opinions then become “sources of law,” which itself can serve several purposes 1. They can be the basis for future verdicts on concrete questions if members decide to drag each other to the court. 2. They can inform UN members at the General Assembly and the Security council of what the law actually says, which makes it easier to argue for or against resolutions that might be proposed. Which is something we can expect to happen in this case. The General Assembly will certainly in the future create resolutions that will be based on this verdict.
The second thing to note is that while Israel forcefully “rejects” the ruling and certainly won’t adjust its behaviour. This is a big set-back for the Zionist project.
You see, International Law is not like domestic law. It’s not enforceable the way that domestic law is. It also doesn’t come about the same way as domestic law. Domestic law is made (usually) by legislative bodies, (usually) called parliaments. They are more or less concrete rules which are then used by the state machine to structure social live inside a country.
International Law doesn’t work like that, because there is no world parliament with the same force over everyone. The UN General Assembly might look a bit like a parliament but it really isn’t the same kind of institution. International Law represents first and foremost the “general collective will” of the international community as expressed through treaties, declarations, custom, and—expert opinions.
So what this verdict signifies is another instant of “the world” not recognising Israel’s claims over Palestinian lands. Of course Israel is angry now and says, literally, “The people of Israel are not occupiers in their own land and in their eternal capital, Jerusalem” — this is actually a quite useful statement, because exactly this is the core of the issue. The verdict means that the world does not recognise precisely this claim, namely that Israel, by virtue of Jews having lived in these lands 2000 years ago, derives some magical historical rights over the land. This is not a concept of international law and won’t be one. And Isreal is furious about not being able to impose its will here.
Because, you know, this is a very big problem Zionism since Isreal’s entire political strategy is to just create facts on the ground. Isreal’s idea ever since its establishment in 1948 has been to just ignore international law, do things that are clearly considered crimes under that law, just take the land, replace the people who are living there, and, over time, let that become a fact of international live.
This is not even a new strategy as this is exactly how all successful settler colonial states were created. New people from Europe eradicated native populations, set up their own states and those became members of the international community by virtue of all other states at the time recognising them. You see, recognition by other states is really the core of how international law works.
International Law is the will of the world, so if the wold loses the will to oppose Israel and actually recognises its claims, then those claims will become “legal” in the sense of being recognised by the international community. Past actions will always remain illegal under past IL, but for the future they will become recognised and the illegality of them will seize.
Jake Sullivan, the US NSA advisor, just warned Chinese banks. This threat is a dangerous one and risks upsetting the global economy. Trade could be severely disrupted and supply chains broken. Meanwhile, China understands the risk and a recent report confirms they are exiting dollar assets in a big way. They sold $79.7 Billion of US assets from January to May this year, a new record.
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✅ Timestamps & Chapters: 0:00 Sullivan Targets China Banks 2:43 China Fleeing US Assets 5:55 Feeding Into Further De-Dollarization 7:51 Sponsor: Indigo Precious Metals 9:15 Risking China Anti-USD Trade 10:27 Disastrous China Tariff Risk 13:29 China Has No Choice
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Disclaimer:
The information presented on this channel is for news, education, and entertainment purposes only. The information does not constitute an offer or solicitation to buy or sell any investment product(s) or investment strategies, or a substitute for professional investment advice. It does not take into account your specific investment objectives, financial situation or needs. I am not a financial advisor or a licensed investment professional. Please consult with your financial advisor before following any investment strategies discussed herein.
US House Speaker Nancy Pelosi made good on her threat to be the first US House Speaker to visit Taiwan in a quarter of a century. The Chinese government is furious and threatening retaliation. Are there any benefits to the US of Pelosi's provoking China?
