International
Russia advises against travel to UK
AFP
Moscow on Friday advised its citizens against travel to the United Kingdom, citing London’s “unfriendly” stance as well as huge delays in visas for Russians.
“In order to avoid financial losses and other possible problems, we recommend that Russian citizens refrain, if possible, from travelling to the UK and trying to obtain British visas,” the Russian foreign ministry said.
It added that it will “act in the same way” with British citizens until the situation improves.
The ministry said it received “numerous complaints from Russian citizens that it has become virtually impossible or extremely difficult for them to obtain a UK visa” of any category.
Britain’s visa service “gives priority to the processing of visa applications for Ukrainian refugees,” the foreign ministry in Moscow added, also pointing out that Russians are unable to pay their visa fees using Mastercard of Visa cards issued in Russia.
The ministry said such an approach “contradicts all previously reached Russian-British agreements on consular issues” and “can only be described as a politicised infringement of the rights of Russian citizens”.
Britain has been part of an international effort to punish Russia with asset freezes, travel bans and economic sanctions, since President Vladimir Putin moved troops into Ukraine on February 24.
On Friday, Britain announced new sanctions targeting 12 members of Putin’s “inner circle”, including Alina Kabaeva, a former Olympic gymnast who the UK government said was “alleged to have a close personal relationship with Putin”.
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.
“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.
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.
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