Saudi Press

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Sunday, Jul 13, 2025

Argentina Orders Arrest of 61 Brazilians Over 2023 Brasilia Coup, Amid Global Political and Economic Developments

Argentina orders arrest of 61 Brazilians linked to coup attempt, while COP29 launches $20 billion aid network for climate-vulnerable nations.
Argentina has taken decisive action by ordering the arrest of 61 Brazilians linked to the 2023 coup attempt in Brasilia, responding to Brazil's request for extradition as they face sentences at home. Moving on to another legal matter, in the United States, Pete Hegseth, Trump's nominee for Secretary of Defense, has come under scrutiny for tattoos associated with extremist groups, raising concerns about his suitability for the role.

This nomination controversy unfolds as President Joe Biden, in his final term days, strives to strengthen ties with Asia-Pacific allies at a summit in Lima, Peru, amid China's growing regional influence. The diplomatic dance between Biden and Chinese President Xi Jinping sets the stage for potential policy shifts, while attention returns to the economic sphere with Bitcoin's dramatic rise in El Salvador.

Following Trump's re-election, Bitcoin hit an impressive $90,000 in El Salvador, signaling investor optimism in the crypto market and hinting at broader adoption trends. Meanwhile, in the realm of health and policy, Robert F. Kennedy Jr. has been nominated to oversee the U.S. Department of Health and Human Services under President-elect Trump, promising significant changes in health guidelines.

Kennedy's nomination could herald a shake-up in U.S. health policy, as he advocates for reforms and questions existing practices, which is sure to stir debate across the nation. On a global stage, COP29 has launched a Climate-Vulnerable Network to secure $20 billion in aid for nations facing conflict and natural disasters.

This new network, announced at the COP29 talks in Baku, aims to bolster the resilience of climate-vulnerable countries like Iraq and Yemen, coordinating efforts with financial institutions to manage funds effectively. As these initiatives unfold, they underscore the interconnected challenges of security, climate, and economic policies on the international agenda.

Finally, the formation of this network represents a strategic effort to attract investment for high-impact projects, highlighting the urgent need for collaborative solutions to address the compounded effects of climate change and conflict across the globe.
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