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FILE PHOTO: The International Criminal Court building is seen in The Hague, Netherlands, January 16, 2019.

REUTERS/Piroschka van de Wouw/File Photo

Hard Numbers: ICC Sanctions, Legislative deadlock, Fading free speech, Attacks on health workers, Mexico campaign tragedy

37: At least 37 members of the House of Representatives are co-sponsoring a bill that would sanction prosecutors and staff at the International Criminal Court involved in applying for arrest warrants against senior Israeli leaders. The bill was introduced by a Republican member, but the Biden administration has expressed support. The president called the warrant applications “outrageous,” and Secretary of State Antony Blinken promised to work with Congress on the issue.

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Why the US-China relationship is more stable than you might think
Why the US-China relationship is more stable than you might think | Ian Bremmer | Quick Take

Why the US-China relationship is more stable than you might think

Ian Bremmer's Quick Take: Hi everybody. Ian Bremmer here and a Quick Take to kick off your week. US Secretary of State Tony Blinken in the Middle East right now. But he just came from China, Beijing and Shanghai, and the US-China relationship is what I'm thinking about. Want to give you a state of play.

It continues to be better managed and more stable than we've seen in a long time. Now, not clear that would necessarily be the case, given the number of issues and places where we have friction between these two countries. Just over the course of the last couple weeks, you've got President Biden, putting new tariffs on Chinese steel, opening a new investigation into Chinese shipbuilding. You've got this anti TikTok policy that's coming down from US Congress. You've got $2 billion in additional military aid for Taiwan from the United States. You've also got lots of criticism from the Americans on ongoing Chinese support, dual use technologies for the Russians, allowing them to better fight the war in Ukraine.

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U.S. Representative George Santos (R-NY) chats with his State of the Union guest and members of his staff as they prepare for the evening in Santos’s office on Capitol Hill in Washington, U.S. February 7, 2023.

REUTERS/Jonathan Ernst

Hard Numbers: Santos chargesheet grows, Niger kicks out UN rep, GOP voters question McCarthy ouster, China reaps oil windfall

44,000: US Rep. George Santos (R-NY) — already under scrutiny for lying about his background — allegedly stole more than $44,000 from campaign donors by using their identities and credit card information, according to a new 23-count indictment. Santos is also alleged to have lied to the Federal Elections Commission by claiming he loaned his campaign $500,000 at a time when he only had around $8,000 in the bank.

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A graph comparing Venezuela's GDP per capita with the average price of crude oil.

Paige Fusco

The Graphic Truth: Economic turmoil in Venezuela

Venezuela has the world’s largest oil reserves but a combination of corruption, mismanagement, and tough US sanctions since the Maduro regime came to power in 2013 has meant that the petrostate has failed to benefit from its vast reserves of liquid gold.

While high oil prices under the Chavez regime in the early 2000s gave a boost to Venezuela’s middle class, US sanctions first imposed in 2006 – and significantly ramped up under the Obama and Trump administrations – have cut Caracas off from US financial systems.

Economic hardship is rife, with a staggering 50% of people living in extreme poverty. Pervasive hopelessness has also led to one of the worst migrant crises in the world.

In a bid to offset a global energy crisis in 2022 as a result of Russia’s war in Ukraine, the Biden administration began lifting some sanctions on the Venezuelan oil sector. So how are things faring? We look at GDP per capita and corresponding oil prices since 1999.

Commercial vessels wait to pass the Bosphorus strait during a misty morning in Istanbul, Turkey, October 31, 2022.

REUTERS/Umit Bektas/File Photo

Hard Numbers: Grain deal extension woes, FRB rescued, loose Libyan uranium, global coke binge

120 or 60: Although the Black Sea grain deal will almost certainly get extended before it expires Saturday, Russia and Turkey are tussling over how long that extension should be. Ankara — backed by Ukraine and the UN — wants to prolong the agreement for another 120 days, while Moscow is insisting on 60 days, presumably to pressure the West to lift sanctions against certain Russian payment systems.

30 billion: Asian and European stock markets on Friday saw gains hours after a group of 11 big US banks swooped in to rescue First Republic Bank, an embattled regional lender. The banks injected $30 billion into FRB to shore up confidence in the US banking system following the recent collapses of Silicon Valley Bank and Signature Bank.

2.3: A warlord has recovered an estimated 2.3 metric tons of uranium ore that had gone missing in eastern Libya. The uranium was probably left over from the late dictator Moammar Gadhafi’s defunct nuclear weapons program.

35: Global cocaine production surged by a whopping 35% in 2020-2021, according to a new UN report. One of the main reasons is that drug cartels have taken over coca-cultivating areas of Colombia previously run by the FARC and are competing to churn out more powder for Americans and Europeans to snort.

Russian reservists recruited during the partial mobilisation of troops.

Reuters

Hard Numbers: Russian casualties, Australian hackers, British sanctions, Michigan’s political shift

100,000: The Pentagon says Russia has suffered 100,000 casualties in the war in Ukraine. This comes as the Kremlin has started retreating from the Ukrainian city of Kherson amid a series of military setbacks. At home, Vladimir Putin is coming under increasing pressure from nationalists who say the war effort has been a failure.

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Ari Winkleman

What We’re Watching: US mulls China sanctions, Uzbek talks focus on ‘cooperation,’ US train strike averted

Will the US preemptively sanction China over Taiwan?

If you thought US-China ties couldn't get any icier, think again. Washington is reportedly mulling sanctions in a bid to deter Beijing from invading Taiwan — and nudging the EU to follow suit. No specifics yet, but the package would presumably target the Chinese military, which has upped the muscle-flexing ante near the self-ruled island since US House Speaker Nancy Pelosi visited Taipei in early August. Such a move would be similar to how the US and its allies warned Russia there would be a steep price to pay for invading Ukraine. Taiwan would welcome preemptive sanctions and has long called for the Americans and, more recently, the Europeans to do more to protect the island against Chinese aggression. But any sanctions would also rile Xi Jinping, who’s up for “reelection” next month and has vowed to reunite the island with the mainland before the 100th anniversary of the People's Republic in 2049 – by force, if necessary. While the White House has refused to comment, a sanctions plan could signal that US intelligence believes Xi might make a play for Taiwan sooner rather than later.

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