International

Obama says democracy at stake in US midterms

Photo; The Straits Time

| By AFP |

Former US president Barack Obama said Friday that democracy is at stake in next month’s midterm elections in the United States, as he hit his first stop on the campaign trail.

The Democratic power player, who remains a hugely popular figure in his party, told a boisterous rally in Georgia that everyone had to get out and vote to prevent election conspiracy theorists getting their hands on the levers of power.

“It’s not enough to elect Democrats at the top of the ticket,” a fired-up Obama told the crowd in the suburbs of Atlanta.

“We need to elect good people up and down the ballot. Across the country, some of the folks who tried to undermine our democracy are running for offices that will oversee the next election.

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“And if they win, there’s no telling what might happen.”

Obama, who has kept a relatively low profile since leaving office in 2017, was guest of honor at the rally in Georgia, where two extremely close contests, fueled by tens of millions of dollars, are captivating America.

Democrat Raphael Warnock, the first Black US senator elected in the southern state with a long history of segregation, is seeking re-election against Herschel Walker, a former American football star backed by Donald Trump.

The contest could well decide which party gets control of the US Senate — and the ability to advance or frustrate President Joe Biden’s agenda.

There is also a fierce battle for the governor’s office, where Republican Brian Kemp is up against influential Democratic figure Stacey Abrams.

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As well as hammering the Republican Party on electoral integrity and the Trump-driven false claims that the 2020 presidential ballot was rigged, Obama also touched on abortion rights, which have been threatened since the Supreme Court overturned the long-standing Roe vs. Wade.

“Women everywhere should be able to control have a say in what happens with their own bodies,” he said.

“It shouldn’t be controversial to say that the most personal of healthcare choices should be made by a woman and her doctor. Not by a bunch of mostly male politicians.”

Americans have already begun voting in elections that will decide control of both houses of Congress, as well as who gets the governors’ mansions in dozens of states.

Hundreds of other positions at county and state level will also be decided in the November 8 polls.

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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.