Geopolitics Alpha

Can Europe Defend the ICC? US Sanctions Put Solidarity to the Test

Published . Updated .

Can Europe Defend the ICC? US Sanctions Put Solidarity to the Test

On October 22, the European Parliament awarded its 2026 Sakharov Prize for Freedom of Thought to the International Criminal Court (ICC) and its officials.

Directly affected

  • No company is named in this report.

Indirectly affected

  • VGK Vanguard FTSE Europe ETF

    Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“europe”).

  • ASML ASML Holding N.V-0.1% 17d

    ASML Holding N.V (special industry machinery) is one of the largest Europe-based companies traded in the US, so news about Europe (“europe”) reaches its shares.

  • HSBC HSBC Holdings-7.7% 17d

    HSBC Holdings (savings institution, federally chartered) is one of the largest Europe-based companies traded in the US, so news about Europe (“europe”) reaches its shares.

  • SHEL Shell-2.5% 12d

    Shell (crude petroleum and natural gas) is one of the largest Europe-based companies traded in the US, so news about Europe (“europe”) reaches its shares.

  • NVS Novartis AG+1.5% 16d

    Novartis AG (pharmaceutical preparations) is one of the largest Europe-based companies traded in the US, so news about Europe (“europe”) reaches its shares.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
VGK-1.15%+0.07%baseafter closeafter closeafter closeafter close
ASML+7.22%+9.85%baseafter closeafter closeafter closeafter close
HSBC+0.10%+0.79%baseafter closeafter closeafter closeafter close
SHEL-0.17%+2.59%baseafter closeafter closeafter closeafter close
NVS-2.88%-0.25%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

Can Europe Defend the ICC? US Sanctions Put Solidarity to the Test Modern Diplomacy

Source: Modern Diplomacy

Vanguard Intl Equity Index F (VGK) since this story, compared with the market

CompanyWhenMoveStatus
Asml Holding (ASML)three days earlier+9.85%final price
Asml Holding (ASML)five days earlier+7.22%final price
Hsbc Holdings (HSBC)three days earlier+0.79%final price
Hsbc Holdings (HSBC)five days earlier+0.10%final price
Novartis Ag (NVS)three days earlier-0.25%final price
Novartis Ag (NVS)five days earlier-2.88%final price
Shell (SHEL)three days earlier+2.59%final price
Shell (SHEL)five days earlier-0.17%final price
Vanguard Intl Equity Index F (VGK)three days earlier+0.07%final price
Vanguard Intl Equity Index F (VGK)five days earlier-1.15%final price

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around Vanguard Intl Equity Index F (VGK)

Companies carried with this story

  • VGK Vanguard Intl Equity Index F

    For “Can Europe Defend the ICC? US Sanctions Put Solidarity to the Test,” Vanguard Intl Equity Index F (VGK) is linked, with no stored direction, medium confidence. Reason on file: Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“europe”)

  • ASML Asml Holding

    Asml Holding (ASML) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Can Europe Defend the ICC? US Sanctions Put Solidarity to the Test.” Reason on file: ASML Holding N.V (special industry machinery) is one of the largest Europe-based companies traded in the US, so news about Europe (“europe”) reaches its shares

  • HSBC Hsbc Holdings

    Hsbc Holdings (HSBC) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Can Europe Defend the ICC? US Sanctions Put Solidarity to the Test.” Reason on file: HSBC Holdings (savings institution, federally chartered) is one of the largest Europe-based companies traded in the US, so news about Europe (“europe”) reaches its shares

  • SHEL Shell

    Shell (SHEL) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Can Europe Defend the ICC? US Sanctions Put Solidarity to the Test.” Reason on file: Shell (crude petroleum and natural gas) is one of the largest Europe-based companies traded in the US, so news about Europe (“europe”) reaches its shares

  • NVS Novartis Ag

    In “Can Europe Defend the ICC? US Sanctions Put Solidarity to the Test,” Novartis Ag (NVS) is linked, with no stored direction, medium confidence. Reason on file: Novartis AG (pharmaceutical preparations) is one of the largest Europe-based companies traded in the US, so news about Europe (“europe”) reaches its shares

Vanguard Intl Equity Index F (VGK)

Vanguard Intl Equity Index F (VGK) is the company in “Can Europe Defend the ICC? US Sanctions Put Solidarity to the Test,” the 3 Nov 2026 this story story.

For Vanguard Intl Equity Index F (VGK), the reason on file says Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“europe”)

Also listed, Asml Holding (ASML): ASML Holding N.V (special industry machinery) is one of the largest Europe-based companies traded in the US, so news about Europe (“europe”) reaches its shares

Dates in the story, and the Vanguard Intl Equity Index F (VGK) price range

ASML traded between 1583.71 and 1868.68 across 13 sessions. The latest close on file is 1590.17. HSBC traded between 91.56 and 101.84 across 13 sessions. The latest close on file is 94.32.

A simple score for Vanguard Intl Equity Index F (VGK)

40 out of 100

“Can Europe Defend the ICC? US Sanctions Put Solidarity to the Test” scores 40 out of 100. The score uses 1 sources, and 5 linked companies.