International

Russia lists US, Czech Republic as ‘unfriendly states’

AFP/Editor

Russia on Friday formally designated the United States and the Czech Republic as “unfriendly states” amid the biggest crisis in ties between Moscow and Washington in years.

The Russian government released a decree signed by Prime Minister Mikhail Mishustin that was accompanied by a list of “unfriendly states” that “have carried out unfriendly actions” against Russia, Russian nationals or Russian entities.

The list now includes the US and the Czech Republic.

The Czech embassy will be allowed to employ no more than 19 Russian nationals and the US embassy none at all, Moscow said.

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Kremlin spokesman Dmitry Peskov said on Friday that Moscow remained ready for dialogue, state news agency TASS reported, stressing the fact that Russia had now only two nations on its “unfriendly states” list.

Prague said the step would only “escalate relations” between Moscow and the Czech Republic, the EU and its allies.

“We are sorry that Russia has embarked on the confrontation road to its own detriment,” the Czech foreign ministry said in a statement.

“This measure will also indirectly affect the potential development of relations between ordinary citizens, tourism, and the development of business relations,” it added.

In recent months tensions have spiralled between Russia and the West over a litany of issues, including Russia’s troop build-up on Ukraine’s border, interference in US elections and other perceived hostile activities.

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Russia-US relations have rapidly deteriorated after US President Joe Biden increased pressure on the Kremlin since becoming US president in January.

Washington in April announced sanctions and the expulsion of 10 Russian diplomats in retaliation for what it says is interference by the Kremlin in US elections, a massive cyber attack and other hostile activity.

Russia in response expelled 10 US diplomats, banned top US officials from entering the country and prohibited the US embassy from employing foreign nationals.

After Biden likened Russian President Vladimir Putin to a “killer,” Russia temporarily recalled its ambassador from the United States and later said the US envoy should also head to Washington for consultations.

The US embassy in Moscow was forced to suspend most consular services to its nationals and stopped issuing visas due to a drastic reduction of its staff following the tit-for-tat sanctions.

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But on Friday it said it would temporarily resume consular services for its citizens “through July 16.”

Tensions have also spiralled with the Czech Republic after Prague accused Russian military intelligence of being behind a deadly explosion at an ammunition depot in eastern Czech Republic in 2014.

Moscow said last month it would cap the number of the Czech embassy staff in a tit-for-tat move after the EU country announced it was expelling dozens of Russian diplomats.

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.