International

The US sanctions 16 companies and 8 people linked to the Iranian drone program

The US Government imposed sanctions against 16 companies and 8 individuals linked to Iran’s drone program and its distribution to Russia for the war in Ukraine.

The United States also identified five ships and a plane as a blocked property.

Washington justified these measures against companies and individuals for “having facilitated the illicit trade and sale of unmanned aerial vehicles (UAVs) in support of the Ministry of Defense of Iran.”

Among the sanctioned entities is ‘Sahara Thunder’, which according to a statement from the State Department, is the main company that oversees the commercial activities of Modafl, the logistics branch of the Iranian Ministry of Defense.

“‘Sahara Thunder’ also plays a key role in the design, development, manufacture and sale of thousands of unmanned aerial vehicles (UAV) by Iran, many of which are finally transferred to Russia for use in its war of aggression against Ukraine,” the United States said.

20260224_estafa_mh_728x90

In its measure today, the United States also sanctioned several members of the leadership of this company identified as Kazem Mirzai Kondori, Hossein Bakshayesh and Hojat Abdulahi Fard.

Likewise, the United States sanctioned a network of Iranian logistics companies and other countries from which Modafl and ‘Sahara Thunder’ would have been used for the international trade of drones to Russia, China or Venezuela.

Among them several companies from India, the United Arab Emirates and Iran that operate ships with the flag of the Cook Islands and also from Palau.

As a result of the sanctions, the properties and assets that those people or companies have in U.S. territory are blocked, and Americans are prohibited from having transactions with them.

20260224_estafa_mh_728x90

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.