Tag Archives: Diplomacy / Foreign Policy

Safe Pact Canada court rules of the third country with the United States null and void, refers to the risk of detention | Instant News


Ottawa/Toronto (Reuters) – a canadian court on Wednesday invalidated a bilateral Treaty, which obliges asylum-seekers trying to enter Canada at the us border, first to seek asylum in the United States, saying that U.S. immigration violates their human rights.

File photo: canadian border inspection station at the photos from the us side of the border in blaine, Washington, USA, on 23 March 2020. Reuters/Jason Redmond/file photo

Under the safe third country agreement (CTSA), of asylum seekers who arrive on the official Canada-U.S. border in either direction turned back and told to apply for asylum in the first country they arrived.

Lawyers for the refugees that were turned away at the canadian border challenged the agreement, saying the United States cannot be considered as a “safe” country under the leadership of President Donald trump.

Federal court judge Anne Marie MacDonald acknowledged that the contract was in violation of section of the Charter of rights of Canada that says, laws and government actions that interfere with life, liberty, and security must comply with the principles of fundamental justice.

McDonald’s has suspended its decision for six months to give Parliament an opportunity to respond. The agreement will remain in effect during this time.

Experts have already announced the suspension of the agreement will have huge implications for Canada-U.S. relations.

“We are aware of the decision of the Federal court and is currently pending,” said Mary-Liz power, the press Secretary of the Minister of public security bill Blair, who oversees the border Agency of Canada. “Safe third country agreement remains in force”.

The decision may be appealed to the Federal court of appeal and the Supreme court if necessary. Agency U.S. national security and the state did not immediately respond to requests for comment.

Nedira of Abdi Jamal, among the refugees turned and on whose behalf the call was launched, described his time in solitary confinement in the U.S. as “the horror, isolate, and psychologically traumatic experience”, – stated in the decree of the court.

“Canada cannot ignore the consequences that befell Ms. Abdi in their efforts to adhere to the services. The evidence clearly shows that those returned to the United States, canadian officials detained as a penalty,” the judge wrote in his decision.

Abdi, an Ethiopian now in new York, told Reuters that she breathed a sigh of relief. “In the end, we are all people,” she said. “No one deserves to be mistreated that way.”

Amnesty international Canada, one of the groups that have begun legal action against services welcomed the “historic decision”.

IN AN EFFORT TO STEM THE TIDE

More than 50 000 people illegally crossed the Canada-U.S. border to apply for refugee status in the last four years, going through ditches and empty roads along the world’s longest unprotected border.

Canada aims to stem the flow of asylum seekers who flowed into the country, starting in 2016, after trump promised to crack down on illegal immigration.

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Canada closed its border with the United States for non-essential travel because of the epidemic of the coronavirus.

In March, he said that it would no longer accept illegal migrants trying to cross the border and return them to the US authorities, who have stated that they will quickly deport them back to their homeland.

The canadian Association of refugee lawyers said that Canada needs to reconsider this decision, given the ruling on Wednesday, and to repeal rule 2019, which makes a man unfit to canadian asylum if they have already applied for asylum in the United States.

Reporting David continued concern and Steve Scherer in Ottawa and Moira Warburton in Toronto; editing by Jonathan Otis and Peter Cooney

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The euro is in trouble because a European Union fund agreement has pushed PM Conte | Instant News


ROME, July 22 (Reuters) – Italy’s euro euro appeared to be on shaky ground Wednesday after the European Union approved a massive stimulus plan to help economies affected by the corona block virus, with Rome set to receive large sums of money.

Rome expects to get 209 billion euros in grants and loans from the Recovery Fund worth 750 billion euros ($ 869 billion) approved by the bloc on Tuesday after a four-day marathon meeting.

In parliamentary debates about the agreement, several lawmakers criticized the League and accused anti-EU allies across the continent of acting against Italy’s national interests by opposing an unprecedented stimulus scheme.

“If there is something good for Italy we are all happy, but we will see,” Matteo Salvini, chairman of the right wing, the European League told Prime Minister Giuseppe Conte in parliament, after warning that the recovery funds could be “fraud” ”

Senator Julia Unterberger, from a small SVP party fighting for a German-speaking minority in Italy, told Salvini that euroceptics abroad said the recovery fund was a boon for Italy to harm northern taxpayers.

“Eurosceptics needs to clear their minds. Either the recovery fund is a big scam or it’s a gift for Italy and a scam for economical countries, “he said.

The deal was announced after heated discussions, with Italy often fighting with a group of ‘thrifty’ northern countries, including the Netherlands, who want to base packages on loans rather than grants that cannot be paid back.

Alberto Bagnai, a spokesman for the League’s economy, said he did not find in European Union documents any evidence that Italy would get 209 billion from these funds.

The Recovery Fund has helped Conte, who heads a coalition of the anti-establishment 5-star Movement and the center-left Democratic Party, overturn widespread skepticism in Italy that he can reach a lucrative agreement.

Conte, who has no party affiliation, is the most popular Italian politician with approval ratings above 50%. The league is the most popular party with 25%, but has lost support since leaving its coalition with the 5th Star last August. ($ 1 = 0.8630 euros) (Reporting by Angelo Amante and Giselda Vagnoni; Editing by Gavin Jones and Hugh Lawson)

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Ukraine has canceled visa requirements for Australia, New Zealand and several Arab countries | Instant News


KYIV (Reuters) – Tourists from Australia, New Zealand and several Arab countries will no longer need visas to visit Ukraine from August 1, according to a decree signed by President Volodymyr Zelenskiy and published on his website.

In June, Zelenskiy said Ukraine was considering canceling visa requirements for tourists from several countries, including China, to attract more visitors once the lockdown was put in place due to the coronavirus pandemic easing.

The new visa-free regime will take effect if tourist visits in Ukraine do not exceed 90 days.

Last year, Ukraine introduced an electronic visa for citizens from 52 countries, including China and Australia. A single 30-day visa costs $ 85. European Union citizens can enter for short trips without a visa.

Reporting by Pavel Polityuk; Editing by Alex Richardson

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EFG agrees with the Italian tax authority on BSI transactions | Instant News


ZURICH, 22 July (Reuters) – Swiss lender EFG International sees half-year results reduced by settlements with Italian tax authorities related to the business of former rival BSI Group.

EFG bought BSI from BTG Pactual Brazil in 2016, an agreement complicated by BSI legal issues including a link to the Malaysia 1Malaysia Development Bhd (1MDB) state fund scandal, which resulted in significant client withdrawals.

EFG said on Wednesday it had set aside 9.9 million Swiss francs ($ 10.6 million) for settlement with the Italian tax authority on former BSI clients who live in Italy, adding an agreement related to BSI activity before buying by EFG.

Italian tax authorities have sought information about Swiss banks, driven by a 4.5 billion euro ($ 5.19 billion) tax case against UBS in France and last year’s highest Swiss court ruling that paved the way for historical client data to be submitted to authorities tax .

EFG said it had reached a civil settlement with the Italian tax authority in June after the tax inspector requested information related to bank activities with Italian clients between 2012 and 2017.

It said the problem also involved payments to settle criminal charges.

“As far as this settlement is concerned with BSI, which does more business with Italian resident clients than other Group entities, BSI sellers have accepted responsibility for returning the amount associated with former BSI businesses in Italy,” he said, adding that the problem might have to be resolved in one year time.

The overall results include the obligation of 26.4 million Swiss francs in the amount to be paid to the Italian tax authorities related to the BSI Group.

The wealth manager said net profit rose more than 10% in half a year to 34.8 million francs, with the bank bringing in 4.2 billion francs in new net assets during the period.

($ 1 = 0.9324 Swiss francs)

$ 1 = 0.8677 euros Reporting by Brenna Hughes Neghaiwi; Editing by Michael Shields

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UPDATE 2-Italy yields rise from lows after a European Union recovery agreement | Instant News


(Correcting days in the first paragraph to Tuesday)

* Eurozone periphery government bond yields: tmsnrt.rs/2ii2Bqr

By Elizabeth Howcroft

LONDON, July 21 (Reuters) – Eurozone bonds were sold on Tuesday, with Italian yields rising again after reaching the lowest level since early March in early London trade after European Union leaders agreed on a massive coronavirus recovery fund to support the bloc.

The European Union approved 750 billion euros ($ 860 billion) in the early hours of Tuesday after a long summit that lasted nearly five days. The agreement was welcomed by the market as a significant step in shoring up the eurozone economy against the shock of COVID-19.

In a compromise agreement, the package will consist of 390 billion euros in grants – less than the previously targeted 500 billion euros – and 360 billion euros in cheap loans.

The economy that is driven by Italian tourism is among the most severely affected by this virus. Prime Minister Giuseppe Conte said that 28%, or 209 billion euros, would be for Italy, giving the country the opportunity to “start over with force”.

Yields on Italian 10-year government bonds, which have dropped 70 basis points in anticipation of funds since it was first proposed on May 18, fell further on Tuesday morning. It reached 1.117% – the lowest since the first week of March – before recovering to 1.172% at 1457 GMT.

It was set to end the day for the first time after seven consecutive falls.

The spread between core and peripheral yields was tightened, with 10-year German-Italian yields approaching the narrowest in four months before widening again to around 162 basis points. .

“With protracted negotiations being avoided, we see the way cleared for the 10Y Italy-Germany deployment through our 150bp target this summer,” ING strategists wrote in a note to clients.

“The benefits of bringing in peripheral debt, and lower prospective volatility thanks to ECB intervention, make it a superior alternative to core bonds, in our view.”

The spread of Portuguese and Greek in Germany is also getting tougher.

German, French and Dutch results edged up around 1 basis point but were largely unchanged by the news. The German 10-year yield is at -0.454%, after moving in a narrow range of 12 bps so far this month.

“It is possible that the extraordinary non-compliance of the Bunds in the face of peripheral rally reflects the fact that the division of responsibilities promised by the IMF is even more tokenistic than it appears,” wrote Rabobank-level strategists.

The market takes confidence not only from the size of the fund itself but also from demonstrations of solidarity and debt sharing between EU countries.

But European Central Bank Vice President Luis de Guindos said on Tuesday that a new wave of the coronavirus crisis in areas such as the United States, Latin America and parts of Asia could reduce European growth.

ECB board member Isabel Schnabel was quoted on Tuesday as saying that investors should not read too much about decreasing ECB bond purchases, because they could increase later. He said that the ECB would likely use the entire bond purchase quota. ($ 1 = 0.8707 euros)

Reporting by Elizabeth Howcroft; Editing by Alison Williams

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