International

Thousands in Brazil join anti-Bolsonaro protests

AFP

Thousands of Brazilians took to the streets Saturday to protest against President Jair Bolsonaro, who faces an investigation over an allegedly corrupt Covid vaccine deal.

It was the third day of demonstrations against the government, which is also confronting mounting pressure from a parliamentary inquiry into its handling of the coronavirus pandemic that has claimed more than 500,000 lives in the country.

Lima Mendes, a 47-year-old physician taking part in a Rio de Janeiro protest, squarely blamed the government for the high death toll.

“This government has killed more than 500,000 people through its spurious decisions, fake news, lies and now this absurd corruption scandal over the vaccines,” she told AFP.

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There were rallies as well in the cities of Sao Paulo, Belem, Recife and Maceio, with protesters carrying signs saying things like “Genocidal Bolsonaro,” “Impeachment Already” and “Yes to the Vaccines.”

In its first two months of hearings, the parliamentary panel of inquiry focused on the government’s delays in ordering vaccine supplies even as it promoted ineffective drugs like hydroxychloroquine and as Bolsonaro belittled masking and social distancing measures.

The inquiry took a sudden turn, however, after a health ministry official, Luis Ricardo Miranda, said he had faced “atypical, excessive” pressure to approve the purchase of three million doses of the Indian-made Covaxin vaccine at a cost far higher than for other vaccines.

Miranda said he had personally conveyed his suspicions to Bolsonaro and that the president indicated he would raise the issue with the federal police. He apparently did not do so.

This led federal prosecutors to announce Friday that they were investigating to determine whether Bolsonaro had committed a crime by failing to denounce the alleged fraud.

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Prosecutors are also investigating a businessman’s assertion that he was offered a bribe by a health ministry official while negotiating a vaccine purchase. The official, who was subsequently removed from his position, has denied the claim.

Bolsonaro, who came to power in 2019, has rejected all claims of government corruption, instead denouncing the parliamentary inquiry as a political “antic” aimed at forcing him from office.

The opposition this week presented a “super-impeachment-request” listing dozens of accusations, some old, some new, against the far-right leader.

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.