International

Elon Musk calls Australia “fascist” for plan against disinformation on social networks

The owner of the X platform, Elon Musk, called Australia “fascist” for proposing a law to fine social networks and digital platforms with 5% of their global income for spreading misleading or false news that causes serious damage.

“Fascist” Musk wrote on Thursday night on his X account, when sharing the news about this bill presented by the Canberra Executive to combat the serious damage caused by the distribution of misinformation and misinformation in the safety, health and well-being of Australians, as well as to the democracy, society and economy of the oceanic country.

The answer from Australia

For the assistant of the Australian Ministry of the Treasury, Stephen Jones, Musk’s comments are “crapid,” as he told the Australian public broadcaster ABC when he stressed that the bill responds to the exercise of the “sovereignty” of his country, as of any other, to keep its citizens “safe from scammers, safe from criminals.”

“I don’t understand how Elon Musk or anyone else, in the name of freedom of expression, thinks it’s okay to have social media platforms that publish content about scams (…) ultra-fake news, child pornography or live broadcast murder scenes,” he said.

“Is this what he believes freedom of expression is?” Jones said, alluding to Musk’s reaction when the Electronic Security Commissioner in Australia, Inman Grant, ordered social networks last April to remove the videos related to a stabbing of a bishop in an Assyrian church in Sydney, which the authorities described as terrorist.

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X, who considered that the order was an attack on freedom of expression, only geoblocked the images in Australia, which motivated the commissioner to go to court to have the material removed worldwide, although she withdrew the lawsuit two months later on the grounds of wanting to focus on other pending trials.

Musk’s criticisms

Last night’s criticism from Musk refers to the 2024 Draft Amendment to the Communications Legislation (Fight against Misinformation and Misinformation), which was presented on Thursday to the Parliament in Canberra.

With the law, the Canberra Executive plans to give more powers to supervise and regulate the Australian Communications and Media Authority (ACMA), which may impose a code of conduct, although it may not be able to withdraw individual content, among other measures.

This proposal is part of a series of initiatives that have been announced or presented to Parliament against ‘doxing’ (reveying information about a person online without their consent), online fraud, and the imposition of age limits for accessing social networks.

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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.