International
The president of Egypt pledges to allow the passage of aid to Gaza by Kerem Shalom
The president of Egypt, Abdelfatah al Sisi, promised this Friday to the US president, Joe Biden, that he will allow the entry of humanitarian aid into Gaza through the passage of Kerem Shalom (Israel), the White House said on Friday.
The US Presidency pointed out in a statement that Biden welcomed that commitment to allow the flow of aid from Egypt through the Israeli crossing of Kerem Shalom, border with Egypt and Gaza, “provisionally.”
The president, in turn, pointed out in that phone call that he will support efforts to reopen the Rafah crossing in a way that is acceptable to both Egypt and Israel, and agreed to send a delegation to Cairo next week to advance the discussions.
The telephone exchange served for Biden to thank Al Sisi again for his work since the beginning of the war in October to “ensure a continuous flow of assistance from Egypt to Gaza.”
The entry of aid through Rafah has been paralyzed by the Israeli offensive in that area, which, according to the Egyptian Foreign Minister, Sameh Shukri, said this week, has become a “battlefield” that puts the lives of humanitarian workers at risk.
On Tuesday, the United Nations agency for Palestinian refugees (UNRWA) announced the suspension of that aid because attacks and the presence of Israeli tanks prevent access to the UNRWA distribution center and the World Food Program warehouse.
Biden and Al Sisi, according to the White House, also addressed “new initiatives to ensure the release of hostages along with an immediate and sustained ceasefire in Gaza,” and stressed their commitment to establishing the conditions for a lasting peace in the Middle East.
This same Friday, Egypt had stressed that Israel has full legal responsibility “for the deterioration of humanitarian conditions in the Gaza Strip as an occupying power,” and asked it to put an end to “its systematic policies against the Palestinian people of attacks, hunger and siege, in violation of all the provisions of international law.”
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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