International

US expects timely installation of new Haiti prime minister after Ariel Henry’s exit

Amidst the political turmoil in Haiti, the United States is calling for the swift appointment of a new prime minister following the resignation of Ariel Henry. Henry, who has been serving as interim prime minister since July 2021, announced his resignation amidst escalating violence and pressure from various quarters.

The State Department spokesperson, Matthew Miller, emphasized the urgency of the situation, stating that the appointment of a new prime minister should occur “without further delay.” This sentiment was echoed during a CARICOM meeting in Jamaica, where representatives from the US, France, and the UN discussed Haiti’s political future.

Henry’s resignation will only take effect upon the formation of a transitional presidential council, a process expected to unfold within the next 24 to 48 hours. The formation of this council is crucial for ensuring a smooth transition of power and for facilitating the appointment of a new prime minister.

Despite the urgency of the situation, Henry did not attend the CARICOM meeting, remaining stranded in Puerto Rico due to the prevailing violence and mounting pressure for his resignation.

In addition to addressing the political vacuum in Haiti, there were discussions about Kenya’s decision to postpone the deployment of a thousand police officers to lead a multinational mission approved by the UN. While the delay is understandable given the circumstances, the US emphasized the need for the deployment to proceed expeditiously.

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A senior State Department official stressed the importance of swift action, emphasizing that Washington has already reimbursed Nairobi for the costs associated with training the Kenyan forces slated for deployment to Haiti.

As Haiti grapples with political instability and security challenges, the international community, led by the United States, is closely monitoring developments and advocating for a timely and orderly transition of power to ensure stability and security in the country.

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.

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“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.

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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.