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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

Winter Storm Fern Leaves 30 Dead and Over One Million Without Power Across the U.S.

The massive winter storm Fern, bringing polar temperatures, battered large portions of the United States for a third consecutive day on Monday, leaving at least 30 people dead, more than one million households without electricity, and thousands of flights grounded.

In the Great Lakes region, residents awoke to extreme cold, with temperatures dropping below -20°C. Forecasts indicate that conditions are expected to worsen in the coming days as an Arctic air mass moves south, particularly across the northern Great Plains and other central regions, where wind chills could plunge to -45°C, temperatures capable of causing frostbite within minutes.

Across the country, heavy snowfall exceeding 30 centimeters in roughly 20 states triggered widespread power outages. According to PowerOutage.com, nearly 800,000 customers remained without electricity on Monday morning, most of them in the southern United States.

In Tennessee, where ice brought down power lines, approximately 250,000 customers were still without power. Outages also affected more than 150,000 customers in Mississippi and over 100,000 in Louisiana, as utility crews struggled to restore service amid dangerous conditions.

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International

Spain approves plan to regularize up to 500,000 migrants in Historic Shift

In November 2024, Spanish Prime Minister Pedro Sánchez announced a reform of the country’s immigration regulations aimed at regularizing 300,000 migrants per year over a three-year period, in an effort to counter population aging in a country where births have fallen by 25.6% since 2014, according to official data.

Going against the trend in much of Europe, Spain’s left-wing government has now approved an exceptional migrant regularization plan that could benefit up to 500,000 people, most of them from Latin America.

The measure will allow the regularization of around “half a million people” who have been living in Spain for at least five months, arrived before December 31, 2025, and have no criminal record, Migration Minister Elma Saiz explained on public television.

The plan, approved on Tuesday by the Council of Ministers, establishes that applications will be processed between April and June 30, enabling beneficiaries to work in any sector and anywhere in the country, Saiz said.

“Today is a historic day for our country. We are strengthening a migration model based on human rights, integration, and one that is compatible with economic growth and social cohesion,” the minister later stated at a press conference.

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The socialist government of Pedro Sánchez stands out within the European Union for its migration policy, contrasting with the tightening of immigration measures across much of the bloc amid pressure from far-right movements.

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Central America

Honduras swears in conservative president Asfura after disputed election

Conservative politician Nasry Asfura assumed the presidency of Honduras on Tuesday with an agenda closely aligned with the United States, a shift that could strain the country’s relationship with China as he seeks to confront the economic and security challenges facing the poorest and most violent nation in Central America.

Asfura’s rise to power, backed by U.S. President Donald Trump, marks the end of four years of left-wing rule and secures Trump another regional ally amid the advance of conservative governments in Chile, Bolivia, Peru, and Argentina.

The 67-year-old former mayor and construction businessman was sworn in during an austere ceremony at the National Congress, following a tightly contested election marred by opposition allegations of fraud and Trump’s threat to cut U.S. aid if his preferred candidate did not prevail.

Grateful for Washington’s support, Asfura—who is of Palestinian descent—traveled to the United States to meet with Secretary of State Marco Rubio, before visiting Israeli Prime Minister Benjamin Netanyahu.

“We need to strengthen relations with our most important trading partner,” Asfura said after being declared the winner of the November 30 election by a narrow margin, following a tense vote count that lasted just over three weeks.

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