International

Lula has soldiers removed from presidential residence after riots

January 17 | By AFP |

Brazil’s President Luiz Inacio Lula da Silva had 40 soldiers removed from the detail at his presidential residence after vowing a staffing cleanup following anti-government riots on January 8.

Just days after the attack on the presidential palace, Supreme Court and Congress by backers of far-right ex-president Jair Bolsonaro, Lula said the rioters likely had inside help.

He ordered a thorough staffing review, saying he was “convinced that the door of the Planalto (presidential) palace was opened for people to enter because there are no broken doors.”

In a notice published in the official gazette Tuesday, it was announced that 40 soldiers have been removed from the presidential detail at Alvorada palace, where Brazil’s presidents live.

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Leftist Lula beat Bolsonaro by a razor-thin margin in October elections that followed a vitriolic and divisive campaign.

As he marked a week in office, thousands broke into the seats of power on January 8, smashing furniture, damaging priceless works of art and leaving behind graffiti messages calling for a military coup against Lula.

The president said last week that any “radical bolsonarista” found still working for the government would be dealt with, and cited media reports of alleged threats made by staffers inherited from the previous administration.

“How can I have a person outside my office who might shoot me?” asked Lula, who said members of the security services may have been involved in the uprising.

Bolsonaro, who left Brazil two days before Lula’s inauguration and is in the United States, is being investigated on suspicion of instigating the uprising.

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He has denied any link to the riots.

In a video published Monday, Bolsonaro expressed “regret” over the events, which he described as “unbelievable.”

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.