International
Ex-Trump aide Bannon faces possible prison for contempt
| By AFP |
Donald Trump’s former aide Steve Bannon faces possible prison time Friday, when a judge will set his sentence for refusing to testify in Congress’ probe of the January 6, 2021 attack on the Capitol.
Bannon, a longtime political strategist and vocal advocate for the Republican former president, was found guilty in July on two counts of contempt of Congress for defying a subpoena to testify.
The Justice Department urged the court Monday to sentence the 68-year-old to six months in prison — the high end of sentencing guidelines but less than the maximum possible 12 months — and fine him $200,000, pointing out that Bannon had repeatedly sought to delay the proceedings by hinting he might cooperate.
Bannon “has pursued a bad-faith strategy of defiance and contempt,” the department said.
Bannon, who currently runs a streaming political commentary website, asked the court to sentence him to probation, saying he had rejected the congressional subpoena on the advice of his lawyers.
He also asked that the court place a stay on implementation of any sentence while his appeal of the original verdict goes ahead.
“Mr. Bannon respectfully asserts that a sentence of incarceration would violate his constitutional rights,” his submission said.
The investigation by a special House committee has depicted Bannon as knowing in advance of the plan by hardline Trump supporters to attack the Capitol on January 6 to prevent Democrat Joe Biden from being confirmed as the next president.
It also showed him advocating for Congress to block Biden — who defeated Trump in the November 2020 election — from becoming president.
“The rioters who overran the Capitol on January 6 did not just attack a building — they assaulted the rule of law upon which this country was built and through which it endures,” the Justice Department told the court in its sentencing memo.
“By flouting the Select Committee’s subpoena and its authority, the defendant exacerbated that assault.”
Bannon was one of the masterminds behind Trump’s original presidential campaign and victory in 2016.
He served in the White House for the first seven months of Trump’s term as chief strategist, leaving reportedly due to conflicts with other top staffers.
In 2020, Bannon was charged together with others with wire fraud and money laundering for taking millions of dollars for personal use that donors contributed to their scheme to build a wall on the border with Mexico.
While others were found guilty in the scheme, before leaving office in January 2021, Trump issued of blanket pardon for Bannon, leading to the dismissal of the charges against him.
International
Trump to decide soon on deportation exemptions for construction and farm workers
U.S. President Donald Trump stated on Tuesday in Florida that he will make a decision in the coming weeks regarding exemptions from deportations for workers in the construction and agriculture sectors.
Trump made these remarks to the media during a visit to the new migrant detention center, ‘Alligator Alcatraz,’ located in the middle of a wetland in Florida, the White House reported.
ICE (Immigration and Customs Enforcement) raids have targeted many of these workers, sparking fear among them and threatening to slow down two sectors that are vital to the U.S. economy.
In construction, 25.7% of workers are immigrants, and 14.1% of the total workforce nationwide is undocumented, according to the American Immigration Council.
In agriculture, the percentage of undocumented employees rises to 42%, according to data from the Department of Agriculture cited by the New York Times.
International
IDB plans $11 billion in sustainable financing to support countries facing currency risks
The Inter-American Development Bank (IDB) aims to unlock at least $11 billion in sustainable financing to help countries address challenges including natural disasters that strain their currencies and hinder private sector investment.
As the United States and other wealthier countries reduce official development assistance, multilateral lenders face pressure to find new ways to tackle issues such as climate change and biodiversity loss. During the Fourth International Conference on Financing for Development, IDB President Ilan Goldfajn stated that the measures adopted by the IDB are expected to inspire more private sector contributions, which is a key priority of the conference.
“We are not just announcing ideas; we are launching what the private sector is asking for: credible tools, scalable platforms, and real opportunities to invest with impact and confidence,” he added.
Support will include a new platform designed to help countries manage the risk of large swings in their national currencies that can deter international investors by making returns harder to predict. Based on a program in Brazil that has already attracted $8 billion from the private sector since its launch last year, the plan is to expand the concept to other regional economies over the next three years and at least double the amount mobilized.
Called FX EDGE, the platform will offer a credit line that activates if a currency drops sharply—a common problem during political or debt crises or after natural disasters—ensuring debtors can continue to service their loans in dollars or other foreign currencies.
The platform also aims to enable greater use of long-term currency hedging instruments, such as derivatives, through local banks and financial institutions, backed by the IDB’s credit rating.
International
Maduro’s government appeals to Vatican for help rescuing migrant children
Este lunes, durante su programa semanal ‘Con Maduro +’, el mandatario venezolano anunció que pediría al sumo pontífice su ayuda para rescatar a 18 niños migrantes.
“Yo sé que el papa es un hombre que comprende estos temas. Le pido ayuda a la Iglesia católica, apostólica y romana, al papa León, para que la Iglesia católica de Estados Unidos y la Iglesia católica de El Salvador proteja a los migrantes y nos ayude con sus gestiones para rescatar a estos niños y a estas niñas”, indicó Maduro en el espacio transmitido por VTV.
Más temprano, Rodríguez había pedido al alto comisionado de la ONU para los Derechos Humanos, Volker Türk, y al coordinador residente de la ONU en Venezuela, Gianluca Rampolla, pronunciarse sobre este hecho y exigió a Washington devolver a los pequeños.
Trump to decide soon on deportation exemptions for construction and farm workers
IDB plans $11 billion in sustainable financing to support countries facing currency risks
Maduro’s government appeals to Vatican for help rescuing migrant children
Tec de Monterrey honors one of its students for his contribution to nanotechnology in medicine
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