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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.

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“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.

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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.

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International

Trump Defies Supreme Court With New 10% Global Tariff

Defiant in the face of a judicial setback, Donald Trump on Friday imposed a new across-the-board 10% tariff after the Supreme Court of the United States ruled that he does not have the authority to levy customs duties under the guise of a national emergency.

The Republican president signed the order in the Oval Office and announced on social media that the measure would take effect “almost immediately.” According to a statement from the White House, the decree will formally enter into force on February 24 for a period of 150 days.

It remains unclear whether the new tariff will apply to countries that have already negotiated trade agreements establishing rates higher than 10%.

Earlier in the day, the conservative-majority court ruled that a 1977 law cited by Trump to abruptly impose tariffs on individual countries — disrupting global trade — “does not authorize the president to impose tariffs.”

Trump said he was “deeply disappointed” by the decision and accused some justices of being influenced by “foreign interests.”

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Although he has made variable tariffs a cornerstone of his foreign policy, Trump acknowledged that it is uncertain whether the government will have to refund revenue already collected. A study by the University of Pennsylvaniaestimated that the amount at stake could reach as much as $175 billion.

“That issue was not addressed by the Court,” Trump told reporters, warning that the legal battle could drag on for “years.”

Justice Brett Kavanaugh, who dissented from the Court’s 6–3 majority opinion, cautioned that the legal process could become a “mess.”

Trump denied any error or haste in using tariffs as a policy tool, arguing instead that the six justices who ruled against him were motivated by “political correctness.” Vice President JD Vance wrote on X that the Court had acted “outside the law.”

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International

U.S. Targets Members of Outgoing Boric Administration With Visa Revocations

The United States government announced on Friday the revocation of visas for three Chilean officials—whose identities were not initially disclosed—citing activities that allegedly “undermined regional security,” an accusation that Chile denies.

In a statement, the U.S. Department of State did not provide specific details about the individuals involved but criticized the outgoing administration of leftist President Gabriel Boric.

“The legacy of the Boric government will be further tarnished by actions that undermine regional security to the ultimate detriment of the Chilean people,” the statement read. It was signed by U.S. Secretary of State Marco Rubio.

Chile’s Minister of Transport, Juan Carlos Muñoz, later confirmed in a video message to the press that he is among those sanctioned.

“I was recently informed that my visa to enter the United States has been revoked by that country, which I deeply regret,” Muñoz said.

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The U.S. statement also noted that Washington hopes to “advance shared priorities, including those that strengthen security in our hemisphere, with the upcoming Kast government.”

The electoral victory of ultraconservative leader José Antonio Kast was welcomed in Washington, which has been building alliances with like-minded governments in the region to reinforce its diplomatic and economic agenda—particularly in response to China’s growing investment presence in Latin America.

“We remain committed to promoting accountability for Chilean individuals who deliberately work to destabilize our hemisphere,” the statement concluded.

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International

Three Injured in Mail Package Explosion at Buenos Aires Gendarmerie Academy

Three people were injured on Friday after a mail package exploded at the Escuela Superior de Gendarmería in Buenos Aires, according to a statement released by Argentina’s Ministerio de Seguridad.

The explosion occurred at 1:49 p.m. local time (16:49 GMT) inside a building located less than one kilometer from the Government House, the ministry reported.

“Personnel from the force handled a parcel that had reportedly been received months earlier and was being stored at the facility. When it was opened, an explosion occurred, causing injuries to two officers,” the statement said.

The ministry added that both injured officers were transported to a hospital and are not in life-threatening condition. “A third officer remains in recovery and is out of danger,” authorities confirmed.

Following the incident, police cordoned off the surrounding area, halted traffic, and evacuated the 11-story building as well as adjacent buildings on the same block.

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Mariana Bornio, an employee at a telecommunications company located in a neighboring building, said that as she was being evacuated, she saw one of the injured gendarmes leaving the scene shirtless and covered with a blue medical gown.

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