International

Mexico president slams barring of candidate accused of rape

AFP/Editor

Mexican President Andres Manuel Lopez Obrador on Wednesday accused electoral authorities of an attack on democracy after they disqualified a gubernatorial candidate accused of rape, citing his failure to declare campaign expenses.

Lopez Obrador’s support for Felix Salgado Macedonio’s bid for governor of the southern state of Guerrero has sparked angry protests by women in a country where gender violence is widespread.

The country’s electoral tribunal on Tuesday ruled that Lopez Obrador’s Morena party must replace Salgado Macedonio as its candidate due to his failure to report his campaign spending.

Lopez Obrador described the decision as “excessive,” although his party said it would abide by the ruling.

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“It’s a blow to democracy, to Mexico’s incipient democracy,” the left-wing populist said at his daily news conference.

“Democracy is respecting the will of the people,” he added.

The tribunal upheld an earlier decision by the National Electoral Institute, which Lopez Obrador accuses of being biased in favor of the opposition ahead of the June national, regional and local elections.

Salgado Macedonio, a 63-year-old former Acapulco mayor, faces accusations from several women over incidents that allegedly took place in 1998, 2014 and 2016.

He has denied the allegations.

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Lopez Obrador argues that Salgado Macedonio has the right to be presumed innocent and stand for office in the June elections unless proven guilty.

The Guerrero Attorney General’s Office said on March 1 that it was considering whether there were grounds to prosecute the politician, adding that the 1998 case had already been closed.

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.