International
The Argentine Anti-Corruption Office will investigate Milei and his cabinet for the fiasco of a cryptocurrency
The Anti-Corruption Office (OA) of Argentina will investigate President Javier Milei and members of his cabinet, at the request of the head of State himself, after he promoted a cryptocurrency on his social networks with possible links to virtual scams.
“President Javier Milei has decided to give immediate intervention to the Anti-Corruption Office (OA) to determine if there was improper conduct on the part of any member of the National Government, including the President himself,” the President’s Office said in a statement.
The OA, a decentralized entity but dependent on the Executive Branch under the Ministry of Justice directed by Mariano Cúneo Libarona, is led by Alejandro Melik, who was a partner of the minister when he worked as a defense lawyer.
Milei decided to create a Research Task Unit (UTI) to investigate ‘$LIBRA’ – the digital currency he advertised – along with all the companies or people involved in his operation.
The UTI, which will be under the President’s orbit, will be composed of representatives of organizations linked to crypto assets, financial activities, money laundering, and other related areas.
“All the information collected in the investigation will be delivered to the Justice to determine if any of the companies or people linked to the KIP Protocol project committed a crime,” they added in the document.
According to the presidential office, the representatives of the KIP Protocol company had a meeting with Milei on October 19, where they told him about the idea of developing a project called “Viva la Libertad” with the intention of financing private ventures in the country using blockchain technology.
“In that meeting, which was duly settled in the Register of Public Hearings, was attended by the President of the Nation; the representatives of the company KIP Protocol, Mauricio Novellli and Julian Peh; and the presidential spokesman, Manuel Adorni,” they listed.}
On January 30 of this year, Milei met at Casa Rosada – headquarters of the Executive – with businessman Hayden Mark Davis, who, according to KIP Protocol, would provide the technological infrastructure for this project.
“Mr. Davis had and has no connection with the Argentine government and was presented by the representatives of KIP Protocol as one of its partners in the project,” the statement said.
From Casa Rosada they established that the Argentine president shared the launch publication of ‘$LIBRA’ on his “personal accounts,” but that it was not “part of the development of cryptocurrency” in any instance.
After the repercussions, Milei decided to delete the publication to avoid spreading it, but in the hours it took, the demand for the cryptocurrency exploded, its price inflated, moved millions, its initial investors withdrew the money obtaining about 87.4 million dollars and it collapsed.
Both KIP Protocol and Davis issued statements on their social networks, where they passed on blame for what happened to each other, although the latter accused Milei’s team of charging against Julian Peh to avoid taking responsibility for what happened.
International
Iran Rejects Negotiations With U.S. as Strait of Hormuz Remains Blocked Amid New Attack
Tensions remained high in the Strait of Hormuz on Monday after a vessel was hit by a projectile, despite U.S. President Donald Trump’s claims that negotiations with Iran were moving forward and that the strategic maritime route could reopen as early as Tuesday.
Tehran denied that direct talks were taking place, but Trump insisted that discussions were underway and described the situation as a final opportunity for Iran to reach an agreement.
“This is the last chance they have to sign a good document,” Trump told reporters at the White House, adding that the reopening of the Strait of Hormuz could happen “literally tomorrow” Tuesday.
The comments came after another escalation in rhetoric from Washington. Last week, Trump threatened Iran with military strikes before unexpectedly changing course on Sunday and announcing that negotiations with Tehran would resume.
Iranian Foreign Ministry spokesman Esmail Baqai rejected the U.S. president’s version of events, stating that Tehran was not holding negotiations with Washington.
“At this moment, we are not negotiating with the United States. We are negotiating with Oman to guarantee safe passage through the Strait of Hormuz,” Baqai said.
Earlier, the Iranian official said that Tehran was close to reaching an agreement with Oman, which lies across the Strait of Hormuz, to reopen the crucial waterway that plays a key role in global energy trade.
The maritime route has remained blocked by Iran since the outbreak of hostilities following U.S. and Israeli strikes against the Islamic Republic on February 28.
Meanwhile, Yemen’s Houthi rebels announced Tuesday that they had launched an attack against an airport in Saudi Arabia. The Iran-backed group had previously disrupted the passage of Saudi vessels through the Red Sea, an alternative route used for crude exports by the world’s largest oil producer.
The continued instability in the region has raised concerns over global energy supplies, as the Strait of Hormuz remains one of the most important chokepoints for international oil shipments.
International
Lula Launches Re-Election Campaign Amid Rising Tensions With Trump
Brazilian President Luiz Inácio Lula da Silva is set to be officially nominated for re-election by his Workers’ Party (PT), marking the start of his campaign for a fourth presidential term.
The nomination takes place during the party’s national convention in São Paulo, Brazil’s economic hub, where around 3,000 supporters gathered to back the veteran leftist leader.
“Today I’m here because Lula’s policies changed my life and my family’s. Thanks to him, we finally own a home after eight generations without one,” said Cristiane Rosa Julho, a 51-year-old social worker attending the event dressed in the PT’s signature red.
Seeking the presidency for the seventh time in his political career, Lula is expected to face Senator Flávio Bolsonaro in next year’s election.
The 45-year-old senator is the son of former far-right President Jair Bolsonaro, who has been jailed over his alleged role in an attempted coup following his defeat to Lula in the 2022 election.
The party convention opened with videos highlighting Lula’s social initiatives and speeches by four women praising his leadership, while supporters waved PT flags and held signs reading “We Want Lula as President” and “Brazil Is Not for Sale.”
The campaign begins amid growing tensions with the United States and President Donald Trump, a close ally of the Bolsonaro family who has openly backed several conservative candidates across Latin America.
Last week, Lula warned against foreign interference, declaring, “In Brazil, we do not accept anyone sticking their nose where it doesn’t belong.”
In July, the United States imposed two rounds of tariffs on Brazilian products, accusing the country of unfair trade practices. The measures followed earlier restrictions introduced in 2025, encouraged by Jair Bolsonaro’s son Eduardo Bolsonaro, in response to legal proceedings against the former president.
Lula has vowed to wage what he called a “war of truth against lies” in response to Washington’s pressure and accused Flávio Bolsonaro of undermining Brazil’s interests by allegedly helping the United States damage the country’s economy. The senator has denied the accusations.
The Brazilian president also claims Washington is attempting to influence the country’s political landscape in an effort to prevent his re-election.
International
Truck bomb attack near police station in Colombia leaves 14 injured ahead of presidential inauguration
A truck loaded with explosives exploded on Saturday near a police station in the Colombian city of Cúcuta, close to the Venezuelan border, leaving 14 people injured in an attack that occurred six days before president-elect Abelardo de la Espriella’s inauguration.
The blast took place in the early hours of the morning and was allegedly carried out by members of the National Liberation Army (ELN), who detonated a vehicle packed with explosives. According to the latest report from the Colombian Army, the attack injured 11 police officers and three civilians.
The explosion involved around 15 explosive devices, and two of the wounded officers are in critical condition and “fighting for their lives,” said William Villamizar, governor of Norte de Santander, the region where the attack occurred.
The incident comes amid Colombia’s worst wave of violence in the past decade, with armed groups expanding their presence in several areas of the country.
“I strongly condemn the cowardly terrorist attack carried out in Cúcuta against our National Police. Terrorism will not intimidate Colombia or break the determination of Colombians to live in peace and security,” De la Espriella said in a post on X.
The conservative lawyer, who has been described as a far-right figure, will take office on August 7, replacing Gustavo Petro, Colombia’s first left-wing president. The inauguration ceremony will be held in Cali, the country’s third-largest city and a frequent target of attacks by armed groups.
The United Nations condemned what it described as an “indiscriminate attack” that caused not only injuries but also “fear and distress among the population.”
De la Espriella has repeatedly warned about an alleged plot against his life. Meanwhile, President Gustavo Petro, who is currently visiting Cuba, has not commented on the attack. During his visit, Petro met with Cuban President Miguel Díaz-Canel to discuss what Havana describes as the United States’ “policy of suffocation” toward the island.
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