International

18 Ecuadoran police ‘missing’ after attack on station

AFP

Eighteen police officers are “missing” following an attack by Indigenous protesters on a police station in Ecuador’s eastern Amazon region, the interior minister said on Wednesday.

Another six officers were “seriously injured” and three more detained by the protesters, said Interior Minister Patricio Carrillo.

A protester also died in the attack in the Amazonian city of Puyo, a five-hour drive south of Quito, the government said on Tuesday night, bringing the death toll in 10 days of Indigenous-led anti-government protests to two.

“The mob began setting fires with police still inside patrol cars, began looting, burning public-private facilities such as the Guayaquil Bank, Red Cross, until they ended up torching the police facilities in the center of the city,” said Carrillo.

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On Wednesday, the government refused a key demand by Indigenous protesters to lift the state of emergency in six of Ecuador’s 24 provinces.

Some 10,000 Indigenous people have mobilized in the capital over the last 10 days to demand a reduction in fuel prices.

But there have been violent clashes between protesters and security forces, leaving 90 civilians and 100 police officers injured, with authorities arresting more than 80 people.

On Monday one protester died after falling into a ravine outside of Quito.

Police described the incident as an accident, but the public prosecutor’s office has opened a murder investigation.

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The protester who died on Tuesday in the attack on the police station was killed “handling an explosive device,” police said.

A lawyer for the Alliance of Human Rights Organizations told AFP he was “hit in the face, apparently with a tear gas bomb.”

Quito was relatively calm on Wednesday morning.

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.

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“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.

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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.