International

Russia says no talks with Mali on military ties

AFP

The Kremlin said Wednesday there were no formal discussions on military cooperation with Mali, after France warned the West African country against hiring hundreds of Russian mercenaries linked to Moscow’s foreign conflicts.

French sources told AFP this week that the Malian government was nearing a deal with the secretive Russian firm Wagner to hire nearly 1,000 mercenaries, an agreement that would underscore Moscow’s growing influence in the region.

“There are no official negotiations,” Kremlin spokesman Dmitry Peskov told reporters in a conference call Wednesday.

A spokesperson for the Malian defence ministry on Tuesday did not deny the discussions between the government and the private security group.

20260224_estafa_mh_728x90

In recent years, Russian paramilitaries, security instructors, companies and advisors have grown increasingly influential in Africa, particularly in the war-torn Central African Republic (CAR).

The Wagner group specifically has been linked to Russia’s role in conflicts in Libya and Syria, where it was accused by several international NGOs this year of having carried out abuses.

“We are in contact — including through the military — with many countries, including the African continent,” Peskov added during the call.

But he said “there are no representatives of the Russian armed forces” in Mali.

Wagner was first seen in Mali by AFP at the end of 2019 when a small team was identified in the capital Bamako just after former president Ibrahim Boubacar Keita had signed a military cooperation deal with Russia.

20260224_estafa_mh_728x90

In the CAR, France and NGOs have denounced the role played by Wagner, which is allegedly controlled by Yevgeny Prigozhin, a businessman close to Russian President Vladimir Putin.

Prigozhin, who has been sanctioned by both the EU and US, has denied links to Wagner and any role in conflicts in Africa.

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.

20260224_estafa_mh_728x90

“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.

20260224_estafa_mh_728x90

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.