International

Africa Covid deaths surge 43% in a week: WHO

AFP

Coronavirus-linked deaths in Africa surged by 43 percent in the space of a week, driven by a lack of intensive-care beds and oxygen, the World Health Organization (WHO) said on Thursday.

Fatalities associated with Covid in the WHO’s Africa region, which includes North Africa, rose to 6,273 in the week of July 5-11, compared with 4,384 in the previous week.

The agency’s regional director, Matshidiso Moeti, told a virtual press conference that the rise was “a clear warning sign that hospitals in the most affected countries are reaching breaking point”.

It was crucial for countries to beef up oxygen production to help patients suffering from the disease’s worst symptoms, she said, speaking from the Congo capital of Brazzaville.

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The WHO said the rise in deaths paralleled a chronic shortage of vaccines, a spread in the more contagious Delta variant, which was now being detected in 21 African countries, along with public fatigue over prevention measures.

Africa has officially recorded over six million cases of Covid-19, a figure that is far lower than on other continents but one that experts say is likely to be a big underestimate.

– Funding appeal –

Separately, after talks with the World Bank on Thursday, African leaders appealed for “at least $100 billion” in commitments of financial support by year’s end to help their countries “recover better” from the pandemic.

“There’s still a lot to be done to overcome this crisis,” said Ivory Coast President Alassane Ouattara, who opened the meeting in Abidjan.

“Less than three percent of Africa’s total population has received a first dose of vaccine, compared to around 54 percent in the United States and European Union.”

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Moussa Faki Mahamat, chairman of the Africa Union Commission, called for help to restructure the debt of struggling African countries, which faced “pressing needs for immediate liquidity to buy vaccines and set down the foundations of economic recovery”.

He said the pandemic had caused joblessness in Africa to rise by between 25 and 30 million people, while 40 million had fallen back into extreme poverty.

The meeting was called to discuss World Bank aid for African countries over the next three years.

The aid is administered via the bank’s International Development Association (IDA), which renews the programme every three years.

The talks have been brought forward by a year to help poor countries cope with the impact of the pandemic.

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Over the last three years, the IDA has allotted $22 billion (19 billion euros) annually on average. Of the 76 beneficiary countries, 39 are in Africa.

In May, the international community promised at a meeting in Paris to help Africa fight the pandemic, but did not give a figure in monetary terms.

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.