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On September 21, Ukrainian President Volodymyr Zelenskyy stated that he spoke with US President Donald Trump that day, and the two agreed to meet in New York. Zelenskyy said that this meeting "could bring about important changes," and that the diplomatic process is currently underway.On September 21, the Wall Street Journal reported that the Trump administration is preparing broader sanctions against the International Criminal Court (ICC) to expand its previous pressure campaign against the institution. According to documents, the new measures could prohibit most transactions with the ICC after a six- to seven-month grace period and may restrict its use of the US dollar, thus affecting its participation in the global financial system. The report, citing officials, stated that the final decision and announcement date are yet to be determined, but could be announced as early as this week during the UN General Assembly or in the following days. A State Department spokesperson did not disclose specific sanctions but stated that Secretary of State Marco Rubio believes the ICC poses a threat to US sovereignty. Previously, the US has sanctioned several ICC officials, including former Chief Prosecutor Karim Khan, ICC President Tomoko Akane, and several judges and prosecutors. The proposed measures would expand from targeting individuals to targeting transactions with the court as a whole. The deterioration in US relations with the ICC is linked to the courts 2024 arrest warrants for Israeli Prime Minister Benjamin Netanyahu and former Israeli Defense Minister Yoav Galant.On September 21, U.S. President Donald Trump will meet with New York City Mayor Nancy Mamdani at Gracie Mansion, the official residence of the New York City mayor, on Monday. Mamdanis office stated that the talks will focus on issues affecting New York City and its residents, but did not release a specific agenda or meeting arrangements. White House officials confirmed the meeting plans but did not provide further details. This will be Mamdanis third face-to-face meeting with Trump since being elected mayor.According to the Wall Street Journal, the Trump administration is preparing to impose sanctions on the International Criminal Court.Slovak Prime Minister Fico: We will not support any actions that could lead to conflict between NATO and Russia.

Oil Prices Continue to Decline As Large COVID Testing Has Commenced in China

Haiden Holmes

Apr 28, 2022 09:38

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Oil prices fell slightly in early Asian trade on Thursday, driven down by fears over growing coronavirus cases in China, the world's largest oil importer.


Beijing's capital recorded 48 new symptomatic and two new asymptomatic COVID-19 cases for April 27, according to state broadcaster CCTV.


The city had previously reported 31 symptomatic cases and three asymptomatic cases as part of a mass testing program aimed at controlling a new outbreak.


By 0006 GMT, Brent crude futures had fallen 37 cents, or 0.4 percent, to $104.95 a barrel. West Texas Intermediate crude futures in the United States lost 27 cents, or 0.3%, to $101.75 a barrel.


Beijing authorities are stepping up their efforts to contain COVID-19 infections and avert the city-wide shutdown that has engulfed Shanghai for a month.


Hangzhou, China's 12.2 million-person city and headquarters of e-commerce giant Alibaba (NYSE:BABA), will begin broad COVID testing on April 28, official media said Wednesday.


Concerns about a global energy supply shortage following Russia's invasion of Ukraine and subsequent sanctions imposed on Moscow by the US and its allies underpin the market.


Gazprom (MCX:GAZP), the Russian energy behemoth, announced on Wednesday that it has interrupted gas deliveries to Bulgaria and Poland.


According to trading records, Shell (LON:RDSa) announced that it would no longer take refined oil blended with Russian products, while Exxon Mobil (NYSE:XOM) declared force majeure on its Sakhalin-1 facilities in Russia's far east.