International
Lula confesses that he was “frared” by Maduro’s threat about “a bloodbath” if he loses
The president of Brazil, Luiz Inácio Lula da Silva, confessed on Monday that he was “scared” when his Venezuelan counterpart, Nicolás Maduro, said that if he loses Sunday’s elections in his country, there will be “a bloodbath.”
“I was scared by that statement,” Lula said in an interview with foreign correspondents, in which he revealed that he spoke twice with Maduro to warn him that “if he wants to contribute to solving Venezuela’s growth problem and the return of those who left, he has to respect the democratic process.”
Lula added that, in democracy, “he who loses takes a bath of votes, not a bloodbath,” and that “Maduro has to learn that when one wins he stays, and when he loses he leaves and prepares for other elections.”
According to the Brazilian president, next Sunday’s elections will be “the only opportunity” for Venezuela to “return to normal” and for the country to reintegrate into the regional and international community.
“That’s what I want for Venezuela and for all of South America,” he added.
He also reported that, in addition to the two observers that Brazil’s electoral justice will send, his former Foreign Foreign Affairs adviser, Celso Amorim, who will be present at Sunday’s elections, will also travel to Venezuela.
Lula has advocated at all times for elections within the consensus of the Barbados Agreements, with full participation of the opposition and with results recognized by all.
He has also defended a wide presence of international observers and expressed his “concern” about the veto of the opponent María Corina Machado, then replaced as a candidate by former diplomat Edmundo González Urrutia, whom the polls place as a favorite for Sunday’s elections.
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.
“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.
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.
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