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Argentine President criticizes world financial order before the UN

Argentine President criticizes world financial order before the UN
Photo: ONU

September 20 |

The president of Argentina, Alberto Fernandez, criticized this Tuesday the global financial architecture during his participation in the 78th session of the General Assembly of the United Nations (UN).

“The global financial architecture only serves to concentrate income and marginalize vast regions of the world. They bet on speculation rather than development”, denounced the South American leader in the highest forum of the UN, whose headquarters is located in the U.S. city of New York.

He recalled that the International Monetary Fund (IMF) increases its interests every time the United States (US) Federal Reserve raises its rates to contain national inflation.

According to the head of state, the international financial order does not show willingness to adapt to a world that wants to recover the lost equity, but pursues to impose the same policies that deepened inequality and misery in the world.

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“We must eliminate the distortions produced by subsidies and we must prohibit food from being the object of financial speculation. Both discourage the investments needed to increase production to help meet the world’s growing demand for food,” he said.

In his speech of approximately 18 minutes, the president also spoke about the Malvinas Question and ratified Argentina’s legitimate rights over these territories occupied by the United Kingdom.

“We regret that the United Kingdom continues to refuse to resume negotiations. We question that it continues to develop unilateral activities of exploration and exploitation of natural resources in the disputed area, thus contradicting resolution 31/49 of this Assembly, as well as its military presence in the South Atlantic,” he said.

The head of state reiterated his call to Iran to cooperate with the Argentine judicial authorities to advance in the investigation of the attack against the AMIA (Argentine Israelite Mutual Association), which took place in 1994.

Fernández condemned the U.S. blockade of Cuba and the economic sanctions imposed on Venezuela.

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He demanded the international community to take the pertinent actions so that the popular will dictated by the elections in Guatemala be respected.

He also called attention to Azerbaijan’s blockades in the Lachin Corridor, which have provoked a new crisis among the Armenian people.

“The motto of the 2030 Agenda is that no one be left behind. Let no one lose forever the path of justice and development. We are convinced that it is a noble goal that is true for individuals and true for peoples. But please, let us not turn it into a dead letter. Afterwards, repentance does not repair the lives spoiled, the lives without future, and much less the lives lost”, concluded the dignitary.

International

Kristi Noem credits Trump for mass migrant deportations by mexican president

U.S. Secretary of Homeland Security Kristi Noem claimed that Mexican President Claudia Sheinbaum has deported “more than half a million” migrants due to pressure from former President Donald Trump.

During a cabinet meeting highlighting the “achievements” of Trump’s administration in its first 100 days, Noem asserted that under the Republican leader’s influence, “Mexico has finally come to the table” to negotiate on migration and fentanyl trafficking.

“The president of Mexico told me she has returned just over half a million people before they reached our border,” Noem stated, criticizing media reports that suggest the Biden administration deported more migrants than Trump’s.

“I wish those deportations were counted,” Noem added, “because those people never made it to our border—she sent them back because you made her.” She went on to thank Trump: “They never made it here because they got the message—because you were so aggressive.”

Noem has made controversial claims about Sheinbaum in the past, prompting the Mexican leader to refute them.

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On April 1, Sheinbaum responded to one such statement by declaring, “The president answers to only one authority, and that is the people of Mexico,” after Noem said on Fox News that she gave Sheinbaum “a list of things Trump would like to see” and that Mexico’s actions would determine whether Trump granted tariff relief.

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International

Vatican releases special “Sede Vacante” stamps ahead of papal transition

he Vatican’s post offices and select collector shops began selling special edition stamps this week to mark the period between the death of Pope Francis and the election of his successor.

Known as “Sede Vacante” stamps, they feature an image used on official Vatican documents during the interregnum between popes — two crossed keys without the papal tiara. These stamps went on sale Monday and will remain valid for postal use only until the new pontiff appears at the window overlooking St. Peter’s Square.

Until then, they can be used to send letters, postcards, and parcels. “Once the new pope is elected, the stamps lose their postal validity, but their collectible value rises,” said Francesco Santarossa, who runs a collectors’ shop across from St. Peter’s Square.

The Vatican has issued the stamps in four denominations: €1.25, €1.30, €2.45, and €3.20. Each is inscribed with “Città del Vaticano” and “Sede Vacante MMXXV” — Latin for “Vacant See 2025.”

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International

Conclave to choose pope Francis’ successor could begin in early may

The conclave, which in the coming weeks must choose the successor to Pope Francis, will strictly follow a precise protocol refined over centuries.

The 135 cardinal electors, all under the age of 80, will cast their votes four times a day — except on the first day — until one candidate secures a two-thirds majority. The result will be announced to the world through the burning of the ballots with a chemical that produces the eagerly awaited white smoke, accompanied by the traditional cry of “Habemus Papam.”

The start date for the conclave could be announced today, as the cardinals are set to hold their fifth meeting since the pope’s passing. Luxembourg Cardinal Jean-Claude Hollerich suggested it could begin on May 5 or 6, following the traditional nine days of mourning. According to German Cardinal Reinhard Marx, the conclave could last only “a few days.”

Although the late Argentine pontiff appointed the majority of the cardinal electors, this does not necessarily ensure the selection of a like-minded successor. Francis’ leadership style differed significantly from that of his predecessor, Benedict XVI, a German theologian who was less fond of large public gatherings. It also marked a contrast with the popular Polish pope, John Paul II.

The Argentine Jesuit’s reformist papacy drew strong criticism from more conservative sectors of the Church, who are hoping for a doctrinally focused shift. His tenure was marked by efforts to combat clerical sexual abuse, elevate the role of women and laypeople, and advocate for the poor and migrants, among other causes.

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