International

María Corina Machado says that Nicolás Maduro is “cornered” inside and outside Venezuela

Venezuela’s opposition leader María Corina Machado said on Sunday that the president, Nicolás Maduro, is “cornered” inside and outside the country, and expressed that “the end” of the Chavista government is “much closer than many imagine,” despite the fact that the president insists that he will be sworn in as head of state in January, after his controversial re-election.

“Maduro is totally cornered. However, it still seems that there are some men of little faith who, in addition, believe they can convince Venezuelans that we are a defeated people, a people that must settle for humiliation, with the indignity of what those leftovers are left by that feast of the corrupt,” said the former deputy in an audio shared on social networks.

Machado assured that Chavismo “collapsed” in the presidential elections of July 28, with the “victory” – as he reiterated – of the candidate of the largest opposition alliance, the Democratic Unitary Platform (PUD), Edmundo González Urrutia, after which the Maduro government reacted with “violence.”

“But what he reaffirmed was the will to change of us Venezuelans and isolated Maduro inside and outside the country,” said the opponent, the main endorse of the leader of the PUD.

The presidential inauguration

In his opinion, the Government “is aware of its weakness” and understands “the implications of the collapse of tyranny” in Syria, where President Bashar al Asad fell exactly a week ago due to an offensive by an insurgent coalition, after decades of a “regime of strength that sowed terror in the people,” Machado said.

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“However, in a matter of days, that regime fell apart, it fell because it was hollow inside, isolated internationally, (…) and because many things were happening under the table without anyone noticing, but, above all, it fell because the vast majority of the population did not want them,” he said.

In Venezuela, Machado continued, we are “one step away from that long-awaited change,” so he called on citizens to be alert to “the signs” and to prepare “the heart, mind and body to do what needs to be done at the right time.”

“We have never been so close to the final triumph and that there is nothing that is impossible for those who put their heart, mind, will in that goal that we have set ourselves, and that is what we have shown,” he added.

Both Maduro and González Urrutia assure that they will take office as president on January 10.

Although Maduro’s re-election has received criticism from the international community, mainly for the lack of evidence to confirm his triumph at the polls, all the institutions of the Caribbean country – including the Armed Forces – support the Chavista leader and see the PUD as coup plotters who intend to take power by force.

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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.