Condemning unilateral sanctions
Iran has once again condemned imposition of unilateral sanctions by some countries against others and their use as political leverage in bilateral relations between states. Iran's deputy ambassador to the United Nations made the remark while addressing a General Assembly meeting on humanitarian aid. She described unilateral sanctions as a major obstacle to international humanitarian efforts. The Iranian diplomat added that such sanctions are also a breeding ground for all kinds of human crises across the globe. She also voiced Iran's concern about deviation of humanitarian aid as well as non-humanitarian activities undertaken under the guise of humanitarian aid.
US opposes Abu Akleh ICC case
The United States has opposed the move by Qatar-based Al Jazeera news network to submit the case of the slain Palestinian journalist Shireen Abu Akleh to the International Criminal Court. The State Department says the I-C-C should focus on its core mission, which is serving as a court of last resort in punishing and deterring atrocity crimes. Al Jazeera says there had been a complete cover-up by Israel over Abu Akleh’s killing. It says based on its rulings, the court must identify those directly involved in her killing. The network says it has new evidence challenging the regime’s claim that the journalist was accidently killed during crossfire. Abu Akleh was shot on May eleventh while covering an Israeli raid on the Jenin refugee camp. The regime has defied calls for an investigation. Israel says it would not cooperate with any external probe into her death.
US recession
US stocks have tumbled again as leading bank executives express worries about a possible recession next year, adding to investor unease. The Dow Jones Industrial Average finished down one percent. The broad-based S and P five-hundred shed one point four percent, while the tech-rich Nasdaq Composite Index dropped two percent. That’s after J P Morgan Chase said there’s a chance for a mild to hard recession next year. Goldman Sachs has also offered a similar appraisal. The losses add to the toll this week, after major indices also fell more than one percent on worries that the Federal Reserve's policy to counter inflation will be prolonged.