International
US calls for ‘global effort’ to combat cybercrime
AFP
A top US Treasury official on Tuesday called for a “global effort” to combat cyberattacks and to prevent criminals from holding computer systems for ransom.
“It’s going to be critical that we not only do this in the United States, but that we have a global effort because many of these cyber criminals are domiciled outside of our country,” Deputy Treasury Secretary Wally Adeyemo said.
Governments, companies and individuals must focus on cybersecurity “to prevent criminal actors from being able to get into their system, and potentially use them to ransom.”
He testified before the Senate Banking Committee to present a Treasury report showing that growing use of cryptocurrencies outside of traditional payments systems undermines the effectiveness of US economic sanctions.
“Our goal ultimately, is to make sure that payments do not flow into the hands of criminal actors and … don’t flow into the hands of those people who have been sanctioned by the United States,” Adeyemo said.
Treasury sanctions work by blocking targets — individuals, government officials or companies — from using the US financial system, which in effect cuts them off from banking or profiting from trade in most of the world.
But the Treasury review said digital currencies and alternative payment platforms provide a way to skirt sanctions by moving funds and hiding profits outside the traditional dollar-based financial system.
The official said “it is true” that China is “trying to find means around our financial system to avoid sanctions.”
But “by taking actions in unison with other countries” governments are better able to “hold our adversaries accountable for actions that they take that are in violation of international laws and norms,” he said.
Asked about Afghanistan, Adeyemo said it is “essential” to maintain economic sanctions against the Taliban but also to “find ways for legitimate humanitarian assistance to get to the Afghan people.”
“I see under no situation in which we would allow the Taliban to have access to the reserves that belong to the Afghan people,” he said, referring to Washington’s decision to withhold about $9 billion of the nation’s reserves held overseas.
The Treasury report showed use of sanctions increased tenfold over the past two decades since the attacks of September 11, 2001, with 9,421 designations this year compared to just 912 in 2000.
International
UK braces for potential CO₂ shortage amid Middle East tensions
The government of United Kingdom is preparing contingency measures amid fears of a potential shortage of carbon dioxide (CO₂), which could impact the agri-food industry if the Strait of Hormuz remains blocked due to the ongoing conflict in the Middle East, The Times reported on Thursday.
According to the newspaper, officials assessed this scenario during a recent crisis meeting aimed at evaluating the consequences of a prolonged conflict, triggered on February 28 by joint attacks from United States and Israel against Iran.
Under this scenario, CO₂ supplies—primarily a byproduct of fertilizer production using natural gas—could fall by up to 18%, affecting multiple sectors including agriculture and food production.
The gas is widely used in the slaughter of pigs and poultry, as well as in extending the shelf life of packaged foods. Breweries could also face disruptions due to reduced availability.
“I don’t want to comment on a leak, but now that the information is out there, I hope people feel reassured knowing we are working on it,” said Peter Kyle, Secretary of State for Business and Trade, in remarks to Sky News.
While a drop in CO₂ supply is not expected to cause major shortages in supermarkets, it could limit product variety, The Times noted, citing access to internal government documents.
To mitigate the impact, authorities are considering prioritizing CO₂ supply for critical sectors such as healthcare and civil nuclear energy, where it is used in cooling systems for blood reserves, organs, vaccines, and electricity generation. The government may also request domestic producers to increase output.
Central America
El Salvador and Paraguay approve 2026–2028 cooperation program
The governments of El Salvador and Paraguay approved the 2026–2028 Cooperation Program, which includes six joint development projects, according to Salvadoran Vice Minister of Foreign Affairs Adriana Mira.
Mira stated that El Salvador will act as the “main provider of cooperation,” contributing five initiatives focused on road infrastructure, tourism, and local development. She also noted that one of the projects will be led by the Paraguayan side, although no further details were disclosed.
The agreement was reached during the Second Meeting of the Joint Commission on Technical and Scientific Cooperation between both countries.
According to Paraguay’s Ministry of Foreign Affairs, the First Meeting of the Political Consultation and Bilateral Coordination Mechanism was also held, with the participation of Vice Minister Víctor Verdún.
In an official statement, the Paraguayan government reported that both delegations agreed to identify mechanisms to promote competitiveness, economic growth, and market access. They also committed to signing agreements related to air transport cooperation.
International
Macron meets Machado, stresses need for democratic transition in Venezuela
Emmanuel Macron met on Monday at the Élysée Palace with Venezuelan opposition leader María Corina Machado, where they discussed the importance of advancing a democratic transition in Venezuela.
In a message shared on social media, Macron highlighted Machado’s commitment to freedom and stressed the need to achieve a transition that is peaceful and respects the will of the Venezuelan people.
“I received María Corina Machado, Nobel Peace Prize laureate. Together, we discussed her commitment to freedom and the importance of achieving a democratic, peaceful transition in Venezuela that respects the will of its people,” he wrote.
For her part, Machado expressed her “deep gratitude” to Macron and to France for their support of democracy and freedom in Venezuela.
“We have gone through a long and painful journey, and we are now very close to freedom. Venezuela will become a nation of free and equal men and women—prosperous, safe, and united,” she said.
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