International

Venezuelan delegation protests grounding of plane in Argentina

AFP

An official Venezuelan delegation protested Thursday to Argentina’s embassy in Caracas against the grounding of a plane and its crew in Buenos Aires since June.

The Boeing 747 cargo plane, owned by Venezuelan company Emtrasur, has been held in Argentina since it arrived on June 8 from Mexico with a shipment of auto parts, after having tried unsuccessfully to enter Uruguay.

Transport Minister Ramon Velasquez and pro-government lawmakers visited the embassy Thursday to protest, as a few dozen workers of state airline Conviasa gathered outside chanting: “Return the plane and crew!”

The delegation was received by ambassador Oscar Laborde.

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Back in Argentina, Judge Federico Villena on Thursday granted a request from the United States to seize the plane on the basis that laws were broken when it was sold by Iran to Venezuela — both countries under US sanctions, Telam news agency reported.

Conviasa, which controls Emtrasur, is also sanctioned.

Last week, Venezuelan President Nicolas Maduro protested the US seizure request, which he said amounted to an attempt to “steal” the plane, and asked Argentina for backing.

The United States’ entry into the fray has given rise to street demonstrations in Venezuela.

– ‘Puppet of imperialism’ –

The Venezuelan delegation handed a document to ambassador Laborde in which it protested the plane’s continued detention.

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“We gave the ambassador some communications so that the authorities, the counterparts in Argentina, can sit down and talk about the situation, find the best alternative and the best solution to this problem,” Velasquez said afterwards.

“We hope that the truth prevails, that the Argentine justice system reacts, that it does not take this situation plagued by illegality to new levels,” he said.

The Boeing first entered Argentina on June 6 with a load of auto parts from Mexico.

Unable to refuel in Buenos Aires due to the sanctions, the plane left for Montevideo on June 8. But the Uruguayan authorities refused it access, and it flew back to Argentina.

A judge ordered the plane be detained in light of an investigation into the crew of 14 Venezuelans and five Iranians.

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Last week, a judge gave the green light for 12 of the crew members to leave Argentina — minus four Iranians and three Venezuelans. That decision is now being appealed.

Velasquez said the crew members were being investigated for “espionage and terrorism.”

“They have not yet been called to testify, their right to a defense is being violated,” he charged.

The Paraguayan intelligence service has linked one of the Iranian crew members to the Al Quds Force, a group of the Iranian Revolutionary Guards classified as a terrorist organization by the United States.

But Velasquez said the intelligence report was “biased.”

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On Wednesday, Venezuelan lawmaker Pedro Carreno urged Argentina’s President Alberto Fernandez to “show if he is a puppet of the empire, if he is a puppet of imperialism or if he really governs that country.”

Argentine presidency spokeswoman Gabriela Cerruti said at her weekly briefing Thursday that the outburst “does not imply a diplomatic incident.”

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.