International
Mexico to give temporary visas to Central Americans to work in public works
May 23 |
The President of Mexico, Andrés Manuel López Obrador, announced this Monday that his government will grant one-year temporary visas to Central Americans to work in the country’s public works, such as the Mayan Train, one of the most emblematic constructions of his administration.
“This week I am going to present a program for our Central American brothers with the purpose that they can have temporary visas to work in public works in Mexico, that they can be legally in our country with temporary work visas,” informed the president in his daily press conference.
“Wages are also increasing in our country, in the Mayan Train operators, drivers, workers, are already earning better, because there is more demand for employment, so companies are paying more. These are attractive salaries to come, work for 15 days and return,” he explained.
Last Saturday, López Obrador continued, he received a letter from his U.S. counterpart, Joe Biden, congratulating him for the work done on the immigration issue and expressing his commitment to invest more in Central America and the Caribbean.
“We are working together,” the Mexican president assured about this type of immigration policies, which he said still need to be “fine-tuned”.
“It is not right to be rejecting migrants when there is a need for labor force. If not, how will there be growth? There are places in the United States where there are no workers,” he added.
López Obrador admitted that the public works promoted during his six-year term, among which the Mayan Train and the inter-oceanic corridor of the Isthmus of Tehuantepec stand out, are also in need of labor.
“We need many ironworkers, welders, even engineers, professionals,” he stressed.
For the Mayan Train, which will run through the southern region of Mexico and is scheduled to be inaugurated next December, he added that the government is sending drivers or mechanics to Europe for training.
The public works, which López Obrador has turned into the flagship projects of his Administration, have been surrounded by controversy due to the role of the Armed Forces in their construction and management, framed in a series of strategies that have boosted the militarization of the country.
The environmental impact and the impact on the indigenous communities that the Mayan Train will have has also been criticized, effects that the Government has denied.
Regarding potential workers coming from Central American countries such as Guatemala, Honduras, El Salvador and Nicaragua, from where many migrants arrive to Mexico in search of crossing to the United States, López Obrador did not clarify the procedure they will have to follow to obtain a temporary work visa.
International
US panel backs Trump-themed coin amid controversy
The United States Department of the Treasury confirmed to AFP that the Commission of Fine Arts approved the design of a new collectible coin featuring Donald Trump, with members of the commission appointed by the current administration.
According to the proposal, the coin will feature an image of Trump standing with clenched fists over a desk on the obverse, while the reverse will display an eagle, a traditional symbol of the United States.
The sale price of the collectible has not yet been disclosed, although the United States Mint typically offers similar items for more than $1,000.
“There is no more iconic portrait for the front of these coins than that of our president Donald Trump,” U.S. Treasurer Brandon Beach said in a statement sent to AFP. He added that two additional coins — a $1 piece and a one-ounce gold coin — are also under consideration.
However, the Citizens Coinage Advisory Committee (CCAC), another body responsible for reviewing new coin proposals, declined to discuss the Trump design in late February.
“Only nations governed by kings or dictators place the image of a sitting leader on their currency,” said Donald Scarinciat the time. “No country in the world has minted coins featuring a democratically elected leader during their term in office,” he added.
When contacted by AFP, the Treasury Department did not immediately respond to requests for further comment.
International
Fed’s Waller warns of rising inflation risks amid Middle East conflict
Christopher Waller, a governor at the Federal Reserve, said Friday that he is increasingly concerned about the inflationary impact of the ongoing conflict involving United States and Israel against Iran, particularly due to the prolonged closure of the Strait of Hormuz.
Waller, who had supported interest rate cuts over the past year amid concerns about the labor market, said he has shifted his stance in recent weeks due to rising inflation risks.
“Since the Strait of Hormuz was closed, it suggests this conflict could be much more prolonged and that oil prices will remain elevated for longer,” Waller said in an interview with CNBC.
“Therefore, this indicates that inflation is a greater concern than I had previously assessed,” he added.
Waller also backed the Federal Reserve’s decision earlier this week to keep interest rates unchanged, signaling a more cautious approach as global geopolitical tensions continue to affect economic outlooks.
International
Brazil offers to mediate Colombia-Ecuador tensions, calls for restraint
The government of Brazil has offered to mediate in the ongoing tensions between Colombia and Ecuador, while calling on both nations to exercise restraint.
In a statement released Wednesday, Brazil’s Ministry of Foreign Affairs urged the parties involved to act with moderation and seek a peaceful resolution to the dispute.
“Brazil encourages all sides to act with moderation in order to find a peaceful solution to the controversy. It stands ready to support dialogue efforts aimed at preserving peace and security in the region,” the statement said.
Brazil also expressed “serious concern” over reports of deaths in the border area between Colombia and Ecuador, noting that the circumstances surrounding the incidents have not yet been clarified.
The diplomatic move comes amid rising tensions between the neighboring countries, increasing regional concern over stability and security along their shared border.
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