International
Noboa assures that Ecuador has a new face with more security after six months in office
The president of Ecuador, Daniel Noboa, assured this Friday in his first report to the nation that, in the six months of his mandate, he has achieved a country with a new face thanks to efforts to combat insecurity and for the recovery of institutionality.
In his message to the National Assembly (Parliament), a day after having served six months as head of state, Noboa asserted that he received a country “with fear and without hope,” so he had to take “hard” decisions that other administrations did not dare, in search of a safe country, open to investments, job creation and to “guaranteee the future of all.”
The president said that last January 9 will be a date that the country will not forget, having revealed the scope of “the horror of terrorism”, with a series of attacks and violent actions of organized crime such as the taking of the TC Televisión channel by a group of armed men and simultaneous riots in various prisons with about 200 hostages.
That day, on which he again denounced an attempted coup d’état against him, Noboa declared the “internal armed conflict” against 22 criminal gangs linked to drug trafficking, whom he called terrorists.
The actions of the Government, he said, seek to “start building a country where tranquility and progress are the norm and not the exception.”
He highlighted the commitment and sacrifice of the security forces to fight the mafias that “have accomplices and allies, at all levels of the country: public institutions, public companies, local governments, in our neighborhoods, they are everywhere.”
Despite the changes he reported about, Noboa said that the fight for “the ‘New Ecuador’ has only begun,” he pointed out that social transformation and security are also achieved “with employment, education, with services and empathy” with social actions that reveal “the face of a new Ecuador that grows.”
In that line, he also mentioned the efforts in the energy field of his Government, which in April had to face blackouts in the face of a serious electricity crisis, due to the drought of one of the main hydroelectric complexes in the country.
“We are working very hard to solve the energy crisis, in such a way that Ecuadorians, in the future, do not have to go through more energy rationing. In other words, we are cleaning up what those of the past mudded,” he said.
In the economic area, Noboa mentioned the existence of 105,000 young employment places, the ratification of two trade agreements (with China and Costa Rica) and the reduction of 1,000 points in the risk premium.
Noboa claimed to have recovered the country’s institutionality by asserting that “the new Ecuador does not deal with drug trafficking, drug policy, terrorists or any of its historical costumes.”
“The new Ecuador also does not give in to external pressures or even from citizens who call themselves Ecuadorians and even want their country to be sentenced,” he said, without referring to any specific person, although the day before he sent on social networks “to cry to tears” to former President Rafael Correa for his statements regarding the crisis with Mexico.
Noboa did not speak in his speech about the assault on the Mexican Embassy in Quito in April, to capture Jorge Glas, former vice president of Rafael Correa, which caused the breakdown of relations with the Mexican Government, as well as the almost unanimous condemnation of the international community.
After that assault, Correa considered that the country should receive pressure from the international community at the political and legal level as a precedent so that a similar situation does not happen again.
Noboa committed himself to his compatriots to “not go back” and “never stay in the problem or in the comfort of the excuse,” but to move forward to “find and travel clean roads that allow the problems of Ecuadorians to be solved.”
And he explained that he follows the lessons that formed his generation: “to be strong so that no one defeats you, to be noble so that no one humiliates you, to be humble so that no one offends you and to continue to be you so that no one forgets you.”
“In just six months we are achieving what other governments did not do in two, nor four, or ten years,” he said.
International
Biden, Trump campaigns set rules for first pre-election debate on CNN
Campaign committees for U.S. President Joe Biden and businessman Donald Trump agreed on Saturday to the rules for their first debate ahead of the November elections, scheduled for June 27 and hosted by CNN: it will last ninety minutes, be audience-free, and feature muteable microphones.
CNN had indicated since its announcement in May that the debate would proceed without an audience, which is Biden’s preferred format.
It was also disclosed that both candidates’ campaign teams accepted a series of other provisions, including the use of identical podiums and the implementation of muteable microphones to enforce speaking times.
“The microphones will be silenced throughout the debate, except for the candidate who has the speaking turn,” CNN specified, adding that hosts Jake Tapper and Dana Bash “will use all available tools” to “enforce the timing and ensure a civilized discussion.”
The debate will feature 90 minutes of discussion with just two commercial breaks during which campaign teams cannot interact with the candidates, as specified.
Pre-written notes on the set will also be prohibited, but “the candidates will receive a pen, notepad, and a water bottle” for the event.
Biden and former President Trump (2017-2021) agreed to debate twice before the presidential elections on November 5, on June 27 and September 10. The second debate will be organized by ABC News.
International
Florida declares a state of emergency due to severe floods in five southern counties
The Government of Florida declared a state of emergency on Thursday in five southern counties where severe floods have occurred due to the torrential rains that began last Tuesday.
The governor of Florida, Ron DeSantis, today issued the order covering Miami-Dade, Broward, Collier, Lee and Sarasota counties, where for now there have been no victims but mainly road flooding, putting drivers and their families at risk.
The state government stressed that tropical humidity will continue to cause heavy scattered rains in southern Florida and that the flood alert will remain in effect throughout this region and the Keys of Florida, a succession of islets in the extreme south of the state.
These storms have also caused tornadoes, highway cuts, suspension of classes and flight cancellations, about 200 this Thursday, at the airports of Miami and Fort Lauderdale, according to the Flightaware platform.
Several areas in the vicinity of Fort Lauderdale airport were impacted, as well as Hallandale Beach, Dania Beach and Lauderdale Lakes, where floods forced the cancellation of transport services.
Although the storm subsided this Thursday, several sectors remained underwater, including Hallandale Beach, whose residents today asked for more pumps to evacuate it. In addition, several vehicles remained stranded and some were even submerged.
Meanwhile, the Brightline train had to temporarily close its stations in Miami and Aventura, the two further south, and several universities and schools have suspended classes.
The mayor of Miami-Dade, Daniella Levine Cava, declared a local state of emergency on Wednesday night, with immediate effect.
International
The IMF approves the disbursement of another 800 million dollars for Argentina
The Executive Board of the International Monetary Fund (IMF) approved the eighth revision of the agreement with Argentina, which allows an immediate disbursement of approximately 800 million dollars for the country.
The financial agency indicated in a statement that this disbursement “will support the efforts of the authorities to restore stability and strengthen Argentina’s external viability.”
The total disbursements made under the Fund’s agreement with Argentina amounts to about 41.4 billion dollars.
The IMF stressed that, when completing the review, “the Executive Board considered that the program was firmly on track, with all the quantitative performance criteria until the end of March 2024 met with margins.”
“Non-compliance exementions for a new exchange rate restriction and multiple exchange practices were also approved in the context of some relaxation of the restrictions on the payment of dividends.”
To maintain solid progress, according to the IMF, “it is necessary to improve the quality of fiscal adjustment, to initiate steps towards an improved monetary and exchange policy framework, implement the structural agenda.”
Likewise, “continue efforts to support the most vulnerable, expand political support and ensure agility in the formulation of policies.”
In March 2022, the then Government of the Peronist Alberto Fernández (2019-2023) signed an agreement with the IMF to refinance loans for about 45 billion dollars that the agency had granted to Argentina in 2018, during the presidency of the conservative Mauricio Macri (2015-2019).
The pact includes quarterly revisions such as the one now surpassed on the level of compliance with demanding goals in terms of fiscal discipline, accumulation of monetary reserves and limits on monetary issuance.
The approval for new disbursements to Argentina by the agency depends on the fulfillment of those goals and the approval of each review, funds that, in turn, the South American country uses to cancel its debt to the entity, which amounted to 40,899 million dollars at the end of 2023.
On Tuesday, the Argentine Minister of Economy, Luis Caputo, said that he will negotiate a new program with the IMF after the eighth review of the organization: “From there we will begin to negotiate a new program with them,” he said.
The IMF had highlighted in a statement last May that Argentina reached this eighth review with a “stabilization plan” where it could reach “the first quarterly fiscal surplus in sixteen years,” a “rapid fall in inflation” and “a strong reduction in sovereign risk.”
Argentina had passed this last review in May, but that step had to go through a formal procedure and be approved by the Executive Board of the IMF, something that took place this Thursday, to receive the 800 million.
This eighth review corresponds to the first quarter of 2024, a period marked by the drastic change in economic policy in Argentina after the arrival of Javier Milei to the presidency in December and the implementation of a severe adjustment plan to recover the fiscal surplus this year.
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