International
For the Government of Argentina, the scandal over the $LIBRA case is a “finished topic”
The Argentine Chief of Staff, Guillermo Francos, said on Wednesday that the scandal over the ‘cryptophysi’ of President Javier Milei’s $LIBRA is a “finished issue” for the Government and that he doubts the international impact it may have on the Argentine economy.
“For us it is a topic that is finished. I think the investigations will say later where the mistake occurred or as a result of what and the Justice to investigate what it has to investigate. In political terms, it’s over for us,” Francos said in statements to Radio Rivadavia.
In addition, he said that “it is an episode that internationally will not have an impact” and anticipated that “everything will continue in the positive lanes that the Argentine economy had been following.”
The Chief of Staff described the episode, for which Milei spread on Friday the launch of a cryptocurrency that shortly after collapsed, as an “incident” and emphasized that the repercussions that the government expects are at the level of domestic politics, in Congress.
In parallel with the more than a hundred complaints filed before the Justice by affected investors, from the Union for the Fatherland (Peronism) party they confirmed to EFE that this Wednesday it will present in the Chamber of Deputies a request to form a special commission to investigate the participation of the president in the $LIBRA case, which could later lead to impeachment.
Francos also referred today to the intervention of an advisor to Milei during an interview with the president on the TN television channel on Monday, which was initially edited but then spread on social networks, and commented that there was a “lack of criteria” of the presidential advisor Santiago Caputo when interrupting the dialogue while Milei talked about the possible judicial implications of the case.
“The President got angry with Santiago Caputo, because it seemed irresponsible to him that, without any prior agreement with the host of the program, he interrupted a stupidity. I think he must have learned a lesson, right? That no one is super powerful. All things have their limits and the president has marked it,” Francos said.
Since Friday, the Argentine Government has been experiencing one of its biggest political crises since the assumption of Milei in December 2023, after a publication by the president in support of the launch of the cryptocurrency $LIBRA, which according to him would finance startups and small businesses in Argentina.
The currency skyrocketed and inflated its price until the majority investors withdrew profits of 87.4 million dollars. This generated the collapse of his value and, before the first accusations of fraud, Milei deleted his publication.
The president said he had acted “in good faith”, emphasized that he spread the cryptocurrency, but did not promote it, and refused to take responsibility for the victims.
International
Mexican government prioritizes 191 communities after deadly floods
Mexican President Claudia Sheinbaum confirmed on Wednesday that the death toll from recent rains and floods across several central states has risen to 66, while the federal government has activated air bridges and prioritized assistance in 191 isolated communities.
“Unfortunately, 66 people have died, and 75 remain missing,” the president said during her morning press conference. She added that the official death toll will be updated later in a new report.
As of Tuesday, authorities had reported 64 fatalities. Sheinbaum also announced the creation of a public information center to centralize official data on the deceased, missing persons, damaged homes, and cut-off communities.
According to the president, the number of missing persons has decreased thanks to coordination with state authorities.
“Through calls to phone line 079, 103 people who had been reported missing have now been located,” she explained.
Priority Municipalities
The president noted that the federal government has classified 191 communities as ‘priority’, a designation based mainly on the percentage of homes affected.
International
New road and bridge explosions raise alarm amid indigenous protests in Ecuador
Ecuadorian authorities are investigating two explosions that occurred early Wednesday, one on a road in the southern part of the country and another under a bridge in Guayas province. These incidents follow the car bomb explosion in the coastal city of Guayaquil, also in Guayas, which occurred the day before and left one person dead and 30 injured.
Press reports indicate that one person was injured and several vehicles were damaged in the explosion on the Cuenca-Girón-Pasaje road in the south.
“Besides yesterday’s explosion in Guayaquil, we have received reports of explosives placed on bridges along the Guayaquil-Machala and Machala-Cuenca routes to disrupt traffic,” said Roberto Luque, Minister of Infrastructure and Transport (MIT).
On his X social media account, Luque reported that authorities have been deployed to the sites to assess the damage and determine the current condition of the structures.
“What they haven’t achieved with their call for a strike, some are trying to achieve through terrorism,” he stated, referring to the 24 days of protests organized by the Confederation of Indigenous Nationalities (Conaie) against rising diesel prices and other demands.
The protests, called at a national level, have Imbabura province as their epicenter. Roadblocks have also been reported in the northern part of Pichincha province, whose capital is Quito, while activities in the rest of the country continue normally.
International
Armed forces target illegal mines in Northern Ecuador with bombing raids
Ecuador’s Armed Forces carried out an operation on Monday — including airstrikes — against illegal mining in the town of Buenos Aires, in the country’s north, Defense Minister Gian Carlo Loffredo reported.
The mountainous, gold-rich area has been a hotspot for illegal mining since 2017, located in the Andean province of Imbabura.
In 2019, former president Lenín Moreno deployed around 2,400 soldiers to the region in an attempt to curb the illegal activity. “The operation began with mortar fire, followed by gunfire and bombing runs by Supertucano aircraft,” Loffredo said in a video released by the Defense Ministry.
He added that the operation would continue on Tuesday with patrols across the area to locate possible members of “irregular armed groups that may have crossed from the Colombian border.”
The Armed Forces stated on X that the intervention focused on the “complete elimination of multiple illegal mining tunnels” in the areas known as Mina Nueva and Mina Vieja.
The operation coincided with the deployment of a military and police convoy into Imbabura, which has been the epicenter of protests against President Daniel Noboa since September 22, following his decision to scrap the diesel subsidy.
Mexican government prioritizes 191 communities after deadly floods
New road and bridge explosions raise alarm amid indigenous protests in Ecuador
Armed forces target illegal mines in Northern Ecuador with bombing raids
Tec de Monterrey honors one of its students for his contribution to nanotechnology in medicine
Defense Minister commends salvadoran soldier for Central American Cross Country victory
Extension of the state of emergency approved in southern Chile
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