International

Judge says Brazil was governed by groups with paramilitary ties

February 3^rd |

Justice Gilmar Mendes, dean of Brazil’s Supreme Federal Court, denounced today that during the presidency of Jair Bolsonaro (2019-2023) the South American country was “being governed by people in the shadows” with the support of paramilitary groups in Rio de Janeiro.

“What it shows is that we were being governed by people in the shadows. This is a fact of reality, people from the militia (paramilitary groups) of Rio de Janeiro with a leading role in national politics,” Mendes said today in declarations to journalists in Lisbon in the framework of the Portuguese-Brazilian business forum LIDE.

The magistrate was referring to statements made yesterday, Thursday, by Brazilian senator Marcos do Val, who accused Bolsonaro of trying to convince him to stage a coup d’état and not recognize the victory in the elections of leftist Luiz Inácio Lula da Silva, who assumed the presidency of Brazil last January 1.

“We lowered the scale of political degradation,” the magistrate added.

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He also advocated reforming the area of public security and the Armed Forces, since, during the attacks perpetrated in Brasília last January 8 on the headquarters of the three branches of government by radical Bolsonaristas, “there was a breakdown of the security system”.

The forum, which began today and concludes tomorrow, Saturday, in a Lisbon hotel, was attended by former Brazilian President Michel Temer, as well as members of Brazil’s Supreme Federal Court and the Superior Electoral Court, among others, who have defended that normality is being restored in the country.

Among the participants was the president of the Brazilian Court of Auditors, Bruno Dantas, who defended before journalists that those responsible for the attacks of January 8 have to answer to Justice.

“History teaches that leniency is not the best way to deal with criminals. The criminal needs to be punished with the rigor of the law,” he argued.

He clarified that the damages caused by these protests are still being analyzed and that, once quantified, those responsible for the vandalism will be identified through their tax records and fined.

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“It is a job that is in charge of the police, the identification of people, but when we have the list of vandals, we will hold them responsible”, measures that may even include the blocking of patrimony, he asserted.

So far, they have more than 18 million reais (about 3.2 million euros) blocked from the assets of these people.

On the other hand, Temer acknowledged that he does not believe that protests like those that occurred last January 8 will be repeated, and predicted that “absolute tranquility” will return to the country in the next few days.

“I think there was a movement that was not useful for the country. It created an image that was even negative, but, in the face of the very fast action of the Brazilian justice system, I think it is also being overcome with extraordinary speed,” he said.

Temer told EFE that Brazil “has already gone through many political, economic and social crises and overcame them all (…). A few days from now, the country will be in absolute tranquility”.

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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.