International

The head of the Directorate of Intelligence of Colombia resissts linked to a corruption case

The head of the National Intelligence Directorate (DNI) of Colombia, Carlos Ramón González, resigned this Friday from his position, after he was linked to the corruption scandal in the state National Unit for Disaster Risk Management (UNGRD), which splashes several members of the Government and Congress.

The resignation of González, one of the people closest to the Colombian president, Gustavo Petro, with whom he played in the M-19 guerrilla in his youth, was confirmed by the same president in a message on his X account from Paris, where he attends the inauguration of the Olympic Games today.

“I accept the resignation of Carlos Ramón, director of the Directorate of National Intelligence. His position as head of civil intelligence is incompatible with any judicial investigation and with the same justice apparatus in the country,” Petro said.

González, who was also Petro’s right-hand man as director of the Administrative Department of the Presidency of the Republic (Dapre), was pointed out on Thursday by the Prosecutor’s Office as the person who last year ordered the payment of bribes to two important congressmen in exchange for legislative support to the Government.

As revealed on May 3 by the former deputy director for Disaster Management of the UNGRD, Sneyder Pinilla, money from that entity was used in 2023 to pay millionaires of bribies to the then president of the Senate, Iván Name, and that of the House of Representatives, Andrés Calle.

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That money was allegedly diverted from the one allocated for the purchase of 40 tanker trucks to supply water to the Caribbean department of La Guajira, a project in which resources were misappropriated because the vehicles acquired did not meet the technical conditions, among other failures.

The name of González, a very influential figure within the Government who had already been mentioned in the complaints, was officially cited yesterday by the Prosecutor’s Office at the accusation hearing against Pinilla and against the former director of the UNGRD Olmedo López, although the accusing entity has not yet filed charges.

At that hearing, the delegated prosecutor before the Supreme Court of Justice, Andrea Muñoz, said that the former Presidential Counselor for the Regions Sandra Ortiz, also involved in the corruption plot, received orders from González, as her direct boss when she was the director of Dapre, to allegedly deliver the co-ras to Congressmen Name and Calle.

“For the tranquility of prosecutors and judges, for their independence and good judgment and for the same defense work of Carlos Ramón’s lawyers, the best thing is the separation from his position,” Petro added in his message in X.

The corruption scandal in the UNGRD, the body that is responsible for attending to and preventing emergencies caused by natural disasters in the country, was uncovered by the press last February and since then has been growing to reach senior government officials.

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Another of those indicated in this process is the Minister of Finance, Ricardo Bonilla, who according to the Prosecutor’s Office was decisive, in coordination with Olmedo López, for the award of three contracts for 92 billion pesos (about 23 million dollars) to benefit six congressmen in exchange for supporting the extension of the Government’s debt quota.

In this case, Petro gave Bonilla a vote of confidence this Friday, pointing out that his actions have not been different from those of other finance ministers.

“I believe in the innocence of the Minister of Finance, because I know what has happened to all the ministers of Finance to maintain the macroeconomic stability of the country,” the president said.

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.