International

Bolsonaro ex-minister arrested for ‘influence peddling’

AFP

A Brazilian former education minister accused of influence peddling, allegedly at the request of President Jair Bolsonaro, was arrested Wednesday, police and a defense lawyer said.

Milton Ribeiro resigned in March over allegations that he channeled public funds to allies of two influential Evangelical pastors at Bolsonaro’s “special request.”

Newspaper Folha de Sao Paulo revealed an audio recording of Ribeiro saying he gave priority in deciding school-funding requests to municipalities governed by “friends” of the pastors.

One mayor reportedly said he had been asked for a kilo of gold in exchange for having his school-funding request cleared.

20260224_estafa_mh_728x90

The claims triggered calls from opposition lawmakers for Ribeiro and Bolsonaro to be investigated.

Bolsonaro, a conservative Catholic, won the presidency in 2018 with solid backing from Brazil’s powerful Evangelical Christian movement.

He is keen to keep the Evangelical vote as he seeks reelection in October, trailing in the polls to leftist ex-president Luiz Inacio Lula da Silva.

Bolsonaro and Ribeiro, himself a Presbyterian pastor, have denied wrongdoing.

“Based on documents, testimony and the final report of the preliminary investigation… possible indications of criminal practice in the granting of public budgets were identified,” Brazilian police said in a statement.

20260224_estafa_mh_728x90

Ribeiro’s arrest, it said, was the result of an operation across four Brazilian states Wednesday morning to dismantle a criminal network, with officers armed with five arrest warrants and 13 search warrants.

He risks a sentence of between two and five years for influence peddling and two to 12 years for corruption, the police said.

Ribeiro’s lawyer Daniel Bialski in a statement described his client’s arrest as “unjust” and “indisputably unnecessary.”

The Ministry of Education confirmed its premises were searched on Wednesday and said it intended to cooperate with investigators.

In March, Bolsonaro defended Ribeiro and called the claims “cowardly.”

20260224_estafa_mh_728x90

On Wednesday, the president appeared to distance himself from his former minister.

“Let him answer for his actions, I pray to God that he has no problem. But if he does, it shows that I have no influence on the police,” the far-right president told the Itaitiaia radio station.

“I have 23 ministers, about a hundred secretaries of state… If someone does something wrong, will they blame me?” he added.

Ribeiro, 64, took office in July 2020 — the third education minister in the cabinet of Bolsonaro, whose government was shaken by an avalanche of resignations and dismissals.

20260224_estafa_mh_728x90

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.

20260224_estafa_mh_728x90

“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.

20260224_estafa_mh_728x90

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.