International

The Government of Peru proposes to qualify extortion, kidnapping and hitman as terrorism

The Government of Peru presented this Thursday a bill that qualifies as “urban terrorism” the crimes of extortion, kidnapping and hitman, in response to the wale of crime denounced by carriers and business unions.

The bill includes modifying several articles of the Criminal Code “in order to strengthen actions to combat citizen insecurity,” for which it proposes a tougher sentence, which includes life imprisonment if whoever commits this type of crime belongs to the Armed Forces or the National Police.

The Peruvian Executive announced that it was going to send this project to the Legislature a week ago, when the transport union made a strike in Lima to protest against the wave of extortion.

For its part, the business union affirmed that organized crime has formed a “parallel government” that is “winning the battle” against the State and destroying the country.

The legislative document, signed by President Dina Boluarte, will have to be debated and voted on in Parliament.

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‘Urban terrorism’

He defines urban terrorism as the conduct consisting of “acts that generate terror or anxiety in the population or in a sector of it” through the crimes of hitman, conspiracy, offering for hitman and extortion.

For this, article 315-C is incorporated into the Criminal Code, proposing that the penalty of imprisonment applied to said offense should not be less than 30 years.

It will be life imprisonment, when those who commit it belong to the Armed Forces or Police, “weapons, war material or explosives are used, this type of weapon owned by the Armed Forces or the Police is used and those who use minors or unimputable people to commit the crimes.”

It proposes to modify article 200 of the Criminal Code so that anyone who commits extortion receives a prison sentence of between 15 and 20 years.

“Anyone who, through violence or threat, forces a person or a public or private institution to grant the agent or a third party, an undue economic advantage or other advantage of any other nature, will be punished with a prison sentence of not less than fifteen years or more than twenty years,” the document specifies.

Members of the Armed Forces and the Police

As for the hitman, it establishes that “the one who kills another by order, commission, or agreement with the purpose of obtaining for himself or for another economic benefit or of any other nature will be repressed with a penalty of imprisonment of not less than 30 years and disqualification.”

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In the same way, it will be life imprisonment if “a minor or another unimpeachable person is used,” he orders a criminal organization, weapons of war are used, when the victims are two or more people or two or more people intervene in the execution.

Finally, the legislative initiative includes a final complementary provision, which establishes that members of the Armed Forces and the Police who are denounced during states of emergency for acts carried out in fulfillment of their functions “will be investigated and, if applicable, prosecuted as provided for in article 173 of the Constitution.”

This implies that they will submit to the jurisprudential jurisdictions corresponding to the Police and the Military Justice.

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.