International

Argentine society defends its sensitive fiber before the Government: public education

Argentine society defended one of those axes that trebrate it, a sensitive fiber such as public education, before the adjustment policies of the Government of libertarian Javier Milei, who, in addition to applying his well-known ‘chainsaw’, considers it a “nest of indoctrination.”

Several hundred thousand citizens – students, teachers, university staff, in addition to unions, politicians and social organizations – demonstrated in the Federal University March through the streets throughout the country in defense of public higher education and against the policies of the Executive in that area.

Although the Ministry of Human Capital announced late on Monday what, days ago, it presented as an agreement reached with the National Interuniversity Council (CIN), the deposit of 10,075 million pesos (about 11 million dollars at the current official exchange rate) for 100% of the operating expenses of the national universities, the march went on.

According to the Ministry of Security, only in the Plaza de Mayo, where the march of Buenos Aires concluded, which took place between Congress and the Casa Rosada (seat of the Government), between 100,000 and 150,000 people gathered.

But the number of people between Avenida de Mayo, 9 de Julio and the surrounding streets could raise that number to about half a million protesters.

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Argentina promulgated in 1884, under the Presidency of Julio Argentino Roca, Law 1420 on common, free and compulsory education, the basis of the current national education system, which includes free education up to higher (university) education and reaches foreigners.

“We are proud children of the Argentine public university,” proclaimed the president of the Argentine University Federation (FUA), Piera Fernández de Piccoli, in her speech at the end of the Buenos Aires march.

The university leader affirmed that “education is a fundamental human right, because it prevails over the ungrateful chance of inequality” and considered the current one as “a critical period as a result of the policies of the national government.”

In his speech, he demanded the updating of salaries and operating expenses because, he said, the public university is “in March 2024 with values of September 2022”; also the improvement of retirees and the restitution of the National Teaching Incentive Fund (FONID).

Although the call was made from civil society, several political leaders did not want to miss the call.

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Among those attending the demonstration in Buenos Aires were the Peronist governor of the homonymous province, Axel Kicillof; the former Minister of Economy and Milei’s adversary in the last presidential elections, Sergio Massa; and the president of radicalism, Senator Martín Lousteau.

Before the march, the former mayor of Buenos Aires and co-founder of the Republican Proposal (center-right) party Horacio Rodríguez Larreta expressed his support; and from a balcony near Congress, former Argentine president Cristina Fernández greeted the demonstrators, who waved a university garment in her hand.

But, without a doubt, it was an event of Argentine society, which was mobilized in peace and without altercations, as the Security authorities themselves acknowledged to the television channel Todo Noticias (TN).

The events in Buenos Aires were attended by representatives of the University of Buenos Aires (UBA), one of the most important in Latin America, and of other educational centers in the capital, including some private ones.

In Córdoba (center), a student center par excellence and home of the National University of Córdoba (UNC) – the oldest in the country and one of the first in Latin America, founded in 1613 – about 30,000 people were mobilized.

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With a long history of student claims, the city nicknamed ‘la Docta’ was the scene of the ‘Cordobazo’ in 1969, one of the largest Latin American university mobilizations within the framework of the global protests of the late sixties, which was harshly repressed by the dictatorship that then held power (1966-1973).

During the day, there were also mobilizations in the provinces of Santa Fe, Mendoza, Entre Ríos, Río Negro, Neuquén, Jujuy, La Pampa, La Rioja, Misiones, San Juan, San Luis, Santiago del Estero, Catamarca and Chubut.

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.