International

President of Mexico meets with U.S. Congressmen

Photo: Mexico's Presidency

March 20 |

The president of Mexico, Andrés Manuel López Obrador, held a meeting of several hours this Sunday with a delegation of 12 Republican and Democratic legislators from the United States.

Through his social networks, the head of state said that “several issues were discussed with mutual respect and for the benefit of our peoples”.

AMLO was accompanied by the Secretary of Foreign Affairs, Marcelo Ebrard, and the Secretary of Security and Citizen Protection, Rosa Icela Rodríguez, who told the press that there was total agreement between the parties to jointly address addictions with a comprehensive strategy.

Ebrard stressed that the legislators told them that they want cooperation, collaboration and joint work to address the issue, a position of respect that is not related to the interferenceist criteria expressed by Republican legislators who proposed to entrust the U.S. Army with the fight against Mexican cartels.

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On the other hand, the Secretary of Foreign Affairs, Marcelo Ebrard, and the Secretary of Security and Citizen Protection, Rosa Icela Rodríguez, offered a brief balance of the meeting in which they emphasized that there was “total agreement” to go together in the fight against addictions with an integral strategy.

Ebrard pointed out that there was no discussion of the positions of Republican legislators and politicians who have proposed that U.S. soldiers enter national territory to fight drug traffickers.

In turn, Rosa Icela Rodríguez stressed that the drug and violence problem “has to be solved jointly (…) in a comprehensive manner”, because “we are allies, we are neighbors, we are partners and in some areas we are also family”.

He added that the Mexican side is concerned about the illegal trafficking of arms from the U.S. entering Mexico and fueling the problem of violence, while the U.S. side is concerned about the consumption of fentanyl and other drugs.

He recalled that President López Obrador has insisted on “dealing with the problem not only in a punitive way, but also in a social way, also looking at everything related to the prevention of addictions through media campaigns”.

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Another member of the Mexican Cabinet, the Secretary of National Defense, Major General Luis Crescencio Sandoval, explained all the works to be carried out on the northern border to improve customs control and reduce illegal drug and arms trafficking without hindering binational trade.

Ebrard pointed out that the recent kidnappings of Americans were not discussed, although the legislators were interested in the fact that the Mexican security cabinet meets daily to review the situation in the country.

He also appreciated that the U.S. legislators took away a good impression from the meeting and assured that binational cooperation will grow, which is a strategic interest of Mexico.

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.