International

Macron: France will accompany Morocco in the defense of its autonomy plan for the Sahara

French President Emmanuel Macron said on Tuesday that his country will accompany Morocco in international bodies to defend the autonomy plan proposed by Rabat in 2007 as a solution to the Western Sahara conflict.

“Anchored in history, respectful of reality and promising for the future. This position is what France will implement to accompany Morocco in international instances,” Macron said in a speech delivered before the two chambers of the Moroccan Parliament on the second day of his state visit to Morocco.

The only basis for resolving the Sahara conflict

Macron again defended “autonomy under Moroccan sovereignty” as the “only basis” to resolve the conflict of the former Spanish colony, words that provoked the applause of the parliamentarians, who stood in the hemicycle.

“I reaffirm it here before you: for France, the present and future of this territory is part of the framework of Moroccan sovereignty,” said Macron, who recalled the letter he sent to King Mohamed VI on July 30 in which he expressed France’s new vision regarding this conflict.

Macron said that Morocco and France are “faithful allies in murky times” and said that his country “has never failed Morocco in all the existential issues it faces.”

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According to the French president, at the head of these issues is the conflict of the former Spanish colony, administered 80% by Morocco and whose sovereignty is disputed by the Saharawi independence fighters of the Polisario Front.

Macron: we have decided to write a new book

The French president specified that France’s new position on the Sahara “is not hostile to anyone” but “allows us to open a new page among us as with all those who want to act in a framework of regional cooperation in the Mediterranean with the neighboring countries of Morocco and with the European Union.”

Macron said that he has agreed with King Mohamed VI to “write a new book together” in their bilateral relationship to face “the challenges of the century,” a “historical opportunity and a strategic duty” for both countries.

His state visit to Morocco puts an end to almost three years of diplomatic crisis and one of its high points has been the speech before parliamentarians, in which also the phenomenon of irregular immigration and the need for a “natural and fluid cooperation in consular material.

“This is a matter of mutual trust,” he said, and emphasized that “for many French people it is one of the most important expectations,” so he indicated that “results” are needed.

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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.