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
IEA warns Middle East conflict could spark worst energy crisis in decades
The ongoing conflict in the Middle East could trigger the worst energy crisis in decades, warned Fatih Birol, head of the International Energy Agency (IEA), who described the situation as “very serious.”
Speaking at the National Press Club in Canberra, Birol compared the current scenario to the oil crises of the 1970s, noting that during those events the world lost around five million barrels of oil per day in each crisis.
“Today, we have lost 11 million barrels per day—more than the two major oil shocks combined,” he said.
The Turkish economist referred to the conflict that began on February 28, following attacks by the United States and Israel against Iran, which have significantly disrupted global energy markets and driven oil prices higher.
Birol warned that the global economy is facing a “very, very serious threat” and expressed hope that the crisis will be resolved soon.
“No country will be immune to the effects of this crisis if it continues in this direction. Global efforts are urgently needed,” he emphasized.
International
Colombian Air Force Hercules plane crashes during takeoff with troops onboard
A Lockheed C-130 Hercules operated by the Colombian Air Force was involved in a “tragic accident” while taking off from Puerto Leguízamo, in the Putumayo department of southern Colombia, as it was transporting troops, Defense Minister Pedro Sánchez reported on Monday.
The minister stated on social media that the exact number of victims and the causes of the crash have not yet been determined. He also extended his condolences to the families affected and urged the public to avoid speculation until official information is confirmed.
“This is a deeply painful event for the country. Our prayers are with the victims and their families,” Sánchez said, adding that emergency protocols have been activated and an investigation is underway.
Meanwhile, President Gustavo Petro expressed hope that there would be no fatalities in what he described as a “horrific accident that should not have happened.”
Petro also highlighted ongoing efforts to modernize the country’s air fleet and reiterated the need to acquire new helicopters and transport aircraft to strengthen military mobility, particularly in remote regions.
According to local media reports, approximately 110 soldiers were on board the aircraft. So far, at least 20 injured military personnel have been rescued.
International
Paris prosecutors alert U.S. over alleged deepfake strategy linked to Elon Musk
The Paris Prosecutor’s Office said on Saturday that it had alerted authorities in the United States over suspicions that tech entrepreneur Elon Musk may have encouraged the spread of sexualized deepfake content on the social platform X to artificially boost the company’s valuation.
According to prosecutors, the controversy surrounding explicit AI-generated videos—reportedly linked to Grok, the platform’s artificial intelligence system—may have been deliberately triggered to increase the market value of X and X AI.
The office added that the alleged strategy could be tied to the planned June 2026 public listing of a new entity formed through the merger of SpaceX and X AI.
French authorities said they contacted the U.S. Department of Justice as well as legal representatives at the U.S. Securities and Exchange Commission (SEC) earlier this week to share their concerns.
Responding on X in French to a report about the case, Musk referred to French prosecutors using an offensive term.
When contacted, X’s legal representative in France did not immediately comment.
Grok, the platform’s AI system, has its own account on X, allowing users to interact with it or request content generation. For a period, users were able to tag the bot in posts to generate or edit images, a feature that may have facilitated the spread of such material.
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