International

Gunmen kill head of Ecuador prison where deadly riots broke out

| By AFP | Santiago Piedra Silva |

The warden of an Ecuadoran prison where deadly riots broke out two weeks ago was killed by gunmen on Thursday, the federal prisons agency announced.

Retired police colonel Santiago Loza took up his post as head of Quito’s Pichincha 1 prison on November 9.

But just over a week later, on November 18, riots broke out after gang leaders were transferred to another facility, with ten prisoners dying in the brawl.

Loza “has been the victim of a deadly attack” on a side road in Quito, the SNAI federal prisons agency said in a statement.

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Witnesses said Loza was driving his car when people on a motorcycle shot and killed him, the police said.

Since February 2021, more than a dozen gang-related riots have broken out at Ecuador’s overcrowded prisons, leaving some 400 inmates dead.

The SNAI has pledged to reinforce its prisons and address the overcapacity.

“We repudiate this cowardly act committed in the midst of the transformation process, which we have undertaken as an institution, for the security and control of detention centers,” added the SNAI.

On Monday, Ecuadoran authorities announced the deployment of 1,461 new prison guards joining the current team of about 1,500 officers, who at times have been severely outnumbered in a country with 32,000 inmates.

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While Ecuador does not have large drug production or cartels, it has become a significant conduit for cocaine from neighboring Colombia and Peru, due to weaker controls at its main port and its dollar economy.

Mexican, Colombian and Balkan mafias are all involved in the trade, pitting local gangs against each other as they jockey for alliances and control of drug-smuggling routes.

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.