The US State Department has welcomed Venezuela's decision to withdraw from the International Criminal Court (ICC), describing the move as a rejection of what it characterizes as selective justice.
In a statement, the department argued that the court has failed to produce clear results in its investigation into Venezuelan President Nicolás Maduro while applying international law inconsistently.
The diplomatic development underscores the deepening rift between Washington and international judicial bodies over the handling of cases involving allied or adversarial regimes.
By aligning with Caracas on this specific institutional issue, the US administration signals a pragmatic approach to geopolitical leverage, prioritizing bilateral dynamics over multilateral legal frameworks.
This political shift occurs against a backdrop of broader macroeconomic volatility.
While the diplomatic news dominates the political cycle, market attention remains fixed on economic data flows, particularly following China's consumer price index (CPI) reading of 1.0% year-on-year in June.