International
How did Simón Bolívar become El Libertador?
October 16 |
Simón Bolívar, known as the Liberator of America, was a Caracas native who fought against Spanish colonialism and tried to integrate the continent into a single nation.
His history leaves as a major milestone the creation of “Gran Colombia”, a nation composed of Panama, Colombia, Ecuador and Venezuela.
Bolivar is known as the father of Bolivia and one of the heroes of the independence of Peru.
But beyond his milestones, there is a title that precedes the name of Simón Bolívar and it is that of Liberator.
The title of Liberator was given to him for being the leader of the first triumph of Venezuela’s independence, which served as an impulse to give freedom to the aforementioned six American nations.
How was Bolivar awarded the title of Liberator?
During the Admirable Campaign that began in Cúcuta-Colombia and ended on August 6, 1813 in Caracas, Bolívar liberated western Venezuela from Spanish colonialism.
The municipality of Caracas in response to his deed, on October 14 of that year, through the first governor of Venezuela, Cristobal Mendoza, granted him the title of “Liberator” and named him “Captain General of the Armies of Venezuela”.
The award ceremony was held in the church of San Francisco located in front of the Capitol of Caracas (current seat of the Legislative Power). Six years later, the Venezuelan Congress meeting in Angostura, today Ciudad Bolivar, in Venezuela, ratified the decision of the municipality for such appointment, from that moment on, the name of Simon Bolivar as “The Father of the Homeland” was strengthened.
This title of Liberator accompanied him until the day of his death, Simón Bolívar is remembered for being the most influential Venezuelan in history.
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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