Donald Trump: a president like the others

by Hervé Pugi. It was to everybody’s surprise that American voters voted the Republican candidate Donald Trump to lead their country. The antithesis of the system, with populist rhetoric, will therefore go and take Barack Obama’s place. The sense of hope and change that was abundant eight years ago now seems to have given way […]

Economic sanctions: the hypocrisy must stop

by Hervé Pugi. For nearly two decades, Sudan has been under US embargo. The only result being to deepen the misery of the 39 million people of what was once Africa’s greatest country. From Bill Clinton and George W. Bush to Barack Obama, the United States has not stopped promoting and perpetuating a sanctions policy […]

Economic Sanctions? Ineffective!

by Hervé Pugi. More and more voices are rallying to condemn the – often wrongful recourse – to economic sanctions. A weapon that can be massively destructive when applied across the board and indefinitely. A tactic that is generally counterproductive and morally questionable. Let’s explain. Economic sanctions are « blunt instruments, often inflicting serious suffering on […]

Economic Sanctions: When the dollar is a weapon

by Hervé Pugi. BNP Paribas, Commerzbank, HSBC, Crédit agricole, ING, Crédit suisse… What’s the common denominator between these banking institutions? They’ve been “nicked” by the US Justice System for violating economic sanctions, in particular in relation to Sudan. When the leading world power exploits it currency, many are forced to pay out. Not to mention […]

The UN and the ICC must speak with one voice

by Hervé Pugi. Too often considered as the strong arm of the Security Council, the International Criminal Court (ICC) actually works without a special mandate from the United Nations (UN).  This state of affairs was established by an agreement made on October 4th, 2004 regulating institutional relations between these two entities. In reality the court […]