International

Peruvian president summoned to testify for protest deaths

May 25 |

Peruvian President Dina Boluarte was summoned by the prosecutor’s office to testify in an investigation for the alleged crimes of genocide, aggravated homicide and serious injuries committed during the anti-government protests that left more than 60 people dead in three months, the president’s lawyer said on Wednesday.

Joseph Campos told local radio RPP that Boluarte is due to testify before Attorney General Patricia Benavides on May 31. The president was summoned in January, February and March, but has not testified. In March she was not questioned because the prosecutor’s office asked to be included to participate in the proceedings.

The president did not make a statement during the day. The Associated Press asked the prosecutor’s office about the summons to the president’s office, but did not receive a response at the time.

Prime Minister Alberto Otárola was questioned in January and February in the same investigation. The protests have left 67 dead and more than 1,300 injured, according to the Ombudsman’s Office. Almost all of the dead are civilians, most of them were shot by firearms and some were hit by gunshots to the head.

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Due to the rank of those investigated, the investigation is in charge of the Attorney General. Genocide is punishable by a minimum sentence of 20 years in prison. Also included in the investigation are former Prime Minister Pedro Angulo and other former officials.

Boluarte came to power on December 7 when his predecessor, then president Pedro Castillo, attempted to dissolve Parliament and was removed from office. Castillo is being held for 18 months for the alleged crime of rebellion in a prison for presidents in Lima.

Since then, protests began to ignite in the rural areas of the southern Andes demanding the resignation of Boluarte and the members of Parliament. The demonstrations spread in the south as far as Lima, but died down in mid-February.

However, Congress has not yet decided to bring forward the presidential and parliamentary elections. Four plans to shorten the term of Boluarte and the legislators were shelved for not reaching the necessary votes.

According to the most recent May poll by Ipsos Peru, 75% disapprove of Boluarte and 16% support her.

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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.