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Russia's Central Bank Reduces Key Rate to 14 Percent, Warns of Persistent Inflation Risks

Pravda.ru / Russia - Fri, 24/07/2026 - 18:10
The Board of Directors of the Bank of Russia voted at its July 24 meeting to lower the key interest rate by 25 basis points to 14%, according to the regulator's official statement. This marks the tenth consecutive meeting at which the central bank has eased monetary policy. Over the past two meetings, however, the pace of easing has slowed to 25 basis points, compared with previous reductions of 50 basis points. The central bank said Russia's economy expanded at a moderate pace during the second quarter of 2026. "Significant price growth and higher inflation expectations during the summer months were largely driven by one-off factors. Estimates of underlying inflation remain within the range of 4–5% on an annualized basis. Credit growth slowed slightly in June," the regulator said in its statement.
Categories: Russia & CIS

Guatemala: A Narrow Opening in a Captured Justice System

Africa - INTER PRESS SERVICE - Fri, 24/07/2026 - 17:47

A man walks past a sign reading 'unjustly persecuted' featuring journalist José Rubén Zamora, former CICIG lawyer Claudia González and Maya leaders Luis Pacheco and Héctor Chaclan in a Guatemala City, 12 May 2026. Credit: Johan Ordóñez/AFP

By Inés M. Pousadela
MONTEVIDEO, Uruguay, Jul 24 2026 (IPS)

José Rubén Zamora, founder of elPeriódico, Guatemala’s now-defunct leading investigative newspaper, spent 1,295 days in detention before a court granted him house arrest on 12 February. He endured long stretches of solitary confinement in a military jail, held in near-constant darkness and subjected to treatment that six UN experts warned could amount to torture. His offence was simply doing his job. For decades, he exposed the corrupt dealings of Guatemala’s economic and political elites. Prosecutors are still trying to send him back to prison.

Police arrested Zamora in July 2022 on a complaint brought by a former banker who was under investigation for financial crimes, following Zamora’s reporting on corruption under then President Alejandro Giammattei. Within months, elPeriódico had shut down following intimidation of its advertisers and criminalisation of its staff. A court convicted Zamora of money laundering in June 2023, and when an appeals court overturned the conviction, a second case kept him in jail anyway. Courts ordered his release several times, and each time appeals chambers reversed those decisions. The Supreme Court transferred a judge who ruled to free him to a court in another part of Guatemala. At least 10 lawyers who took up his defence were forced to abandon it under pressure. Some were prosecuted and jailed.

In May 2024, the UN Working Group on Arbitrary Detention declared Zamora’s detention arbitrary and retaliatory and recommended his immediate release. It took almost two more years for him to be allowed home. In March, the Supreme Court voided the rulings that had returned him to prison, finding they violated due process. The Constitutional Court heard the prosecution’s latest appeal to send him back to jail in June, but has yet to issue its ruling.

The machinery of impunity

Zamora’s ordeal is no aberration; it’s how captured institutions are designed to work. The Guatemalan state has long been in the hands of what Guatemalans call ‘the pact of the corrupt’, a coalition of business leaders, drug traffickers, military officers and politicians that has captured the justice system to guarantee their own impunity. Anyone who threatens that arrangement risks prosecution on fabricated charges, reinforced by coordinated smear campaign. This includes journalists who investigate corruption, judges and prosecutors who pursue it, and Indigenous, land rights and climate activists who mobilise against its consequences. The aim, as a Guatemalan civil society leader put it, is to instil fear so nobody dares question anything. Over 100 people, including around 50 judges and prosecutors, have fled into exile rather than face trumped-up charges.

Because the justice system serves the corrupt pact rather than the law, any serious attempt to dismantle corruption has required external support. In 2006, the UN and the Guatemalan government agreed to establish the International Commission against Impunity in Guatemala (CICIG). Over 12 years, CICIG and the Public Prosecutor’s Office investigated over 70 complex criminal structures and brought charges against more than 1,540 people, including former presidents, ministers, members of Congress and business figures. This challenged the perception that the powerful were untouchable.

But success sealed its fate. When CICIG investigated sitting president Jimmy Morales in 2017, he moved to destroy it, refusing to renew its mandate and appointing a compliant attorney general, Consuelo Porras. President Giammattei reappointed Porras, who prosecuted or forced out dozens of judges and prosecutors who had worked with CICIG. She turned the Public Prosecutor’s Office into an instrument of persecution while dismissing 74 per cent of the complaints filed with it without investigating them. By the time her term ended in May, over 40 states had sanctioned her and some associates. The institution built to prosecute crime had become the state’s key tool for committing it.

New president, same system

Guatemalans elected Bernardo Arévalo in 2023 with a mandate to dismantle this system, but the system has consistently tried to disable him. His unexpected win – he scraped into the runoff largely because the establishment had not seen him as a serious enough threat to block – triggered what civil society described as an attempted electoral coup, with spurious legal complaints, raids on his party’s headquarters and at least two credible assassination plots. It took 106 days of peaceful resistance led by Indigenous authorities to ensure he was sworn in.

But taking office was not the same as taking power. Arévalo’s party had only 23 of 160 congressional seats, and its legal status was subsequently cancelled by judicial order. Congress blocked the legislative change that would have allowed him to dismiss Porras, and the Supreme Court, 13 of whose judges were selected in 2024 through a process stacked with candidates tied to corruption networks, refused to lift her immunity. Throughout Arévalo’s term, the Public Prosecutor’s Office continued to criminalise dissent and repeatedly tried to strip Arévalo of immunity.

A narrow window

But Porras’s term eventually expired, and his successor, Gabriel García Luna, a career judge with no ties to corruption networks, has moved quickly, dismissing prosecutors linked to Porras and closing the special prosecutor’s office that fabricated cases against Zamora and many others. His arrival offers the first genuine opening in eight years. But it’s a narrow one. Congress remains in opposition hands, and the Constitutional Court, the Comptroller General’s Office and the electoral authority are all due for renewal this year. Corrupt interests are well placed to exploit these processes to entrench their grip.

Much now depends on whether Arévalo throws his political weight behind García Luna’s efforts to rebuild the institution Porras weaponised, and whether the bodies up for renewal can be kept out of the corrupt pact’s hands. The clearest sign of change will come if Zamora and the dozens of others criminalised for exposing corruption and defending rights no longer face prosecution, and instead their persecutors face justice.

Inés M. Pousadela is CIVICUS Head of Research and Analysis, co-director and writer for CIVICUS Lens and co-author of the State of Civil Society Report. She is also a Professor of Comparative Politics at Universidad ORT Uruguay.

For interviews or more information, please contact research@civicus.org

 


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Categories: Africa

Senegal appeal date set after Afcon win overturned

BBC Africa - Fri, 24/07/2026 - 17:14
The Court of Arbitration for Sport sets a date for a hearing over Senegal's appeal against being stripped of the 2025 Africa Cup of Nations title.
Categories: Africa, European Union

Dancing with Shakira at World Cup was 'very, very, very, very, very good' - Ghetto Kids

BBC Africa - Fri, 24/07/2026 - 16:45
The child stars tell the BBC of their excitement entertaining their biggest crowd yet at the World Cup final.
Categories: Africa

Chine et États-Unis : divorce impossible

IRIS - Fri, 24/07/2026 - 16:35

La Chine a longtemps été présentée comme la future première puissance économique mondiale, notamment grâce à sa forte capacité d’innovation dans les nouvelles technologies, susceptible de lui permettre de dépasser les États-Unis. Toutefois, elle est aujourd’hui confrontée à un déclin démographique qui pourrait freiner ses perspectives de croissance. À l’inverse, les États-Unis bénéficient d’une dynamique démographique plus favorable à leur économie, en partie grâce à l’immigration. D’autres facteurs pourraient également influencer l’évolution du rapport de force entre les deux puissances, tels que leurs capacités d’innovation, leur adaptation au changement climatique, leurs choix politiques ou encore leur influence régionale. Malgré les tensions, les économies chinoise et américaine restent fortement interdépendantes, ce qui rend plus probable un scénario de rivalité durable qu’un affrontement direct.

La Chine est-elle en mesure de dépasser la puissance américaine ? Comment les deux pays se préparent-ils aux conséquences du changement climatique sur la sécurité alimentaire et la production agricole ? Les relations sino-américaines évoluent-elles vers une concurrence durable ou vers un affrontement direct ?

À l’occasion de la sortie du Déméter 2026, Jean-François Di Méglio, président du conseil d’orientation d’Asia Centre, répond à nos différentes questions :

  • Dans quelle mesure le déclin démographique de la Chine pourrait-il affecter son économie et sa capacité à rivaliser avec les États-Unis ?
  • Comment les États-Unis et la Chine se préparent-ils aux conséquences du changement climatique sur la sécurité alimentaire et la production agricole ?
  • Quels sont les scénarios les plus plausibles pour l’évolution des relations sino-américaines ?

L’article Chine et États-Unis : divorce impossible est apparu en premier sur IRIS.

NATO-IP4 Relations Remain Stronger Than the Last Two Summits Suggest

TheDiplomat - Fri, 24/07/2026 - 15:34
Yes, the Indo-Pacific leaders were absent for the second year in a row. But that’s not because of a lack of interest in the partnership.

The Power Behind Japan’s Takaichi Government

TheDiplomat - Fri, 24/07/2026 - 15:01
Nippon Ishin has, through its alliance with Takaichi, exerted an influence on the Japanese government that far exceeds its parliamentary strength.

The Rise of North Korea’s Nuclear-Armed Navy

TheDiplomat - Fri, 24/07/2026 - 14:26
North Korea has modified its hierarchy of defense priorities by elevating the importance of the KPAN.

From Castel Gandolfo to Campidoglio: Call for Human Dignity to Be at the Heart of the AI Revolution

Africa - INTER PRESS SERVICE - Fri, 24/07/2026 - 14:16

The Global Nobel Laureates Assembly on Artificial Intelligence and Nuclear War brought together more than 200 of the world’s most authoritative figures on peace and artificial intelligence. Here the 'The Rome Declaration for a Disarmed and Disarming Peace' was signed in the main council chamber in Rome's city hall Campidoglio. Credit: Katsuhiro Asagiri/INPS Japan

By Ariel F. Dumont
ROME, Jul 24 2026 (IPS)

After two days of debate at an international conference devoted to the challenges of artificial intelligence (AI), nuclear war and global security, Nobel laureates, former heads of state and government, scientists, human rights defenders, religious leaders and representatives of civil society adopted a joint declaration, calling for it to be based on human dignity.

Inspired by Pope Leo XIV’s encyclical Magnifica Humanitas and signed in the halls of the Capitol, Rome’s city hall, this text states that artificial intelligence cannot be left solely to military or commercial interests. It also calls for international cooperation based on human dignity, the development of global AI governance and the continuation of efforts towards nuclear disarmament.

As major powers are investing increasingly substantial sums in the development of AI, participants considered that humanity stands at a genuine crossroads. The choices that will be made will have a decisive impact not only on tomorrow’s geopolitical balances but also on the future and place of human beings in a world where decisions could increasingly be entrusted to artificial intelligence.

This point was highlighted by Rome’s mayor, Roberto Gualtieri, the master of ceremonies of this meeting, organised by the Global Nobel Laureates Assembly on Artificial Intelligence and Nuclear War, who described it as historic.

The declaration, named “The Rome Declaration for a Disarmed and Disarming Peace”, was signed on Thursday, July 16.

For Rome’s mayor, “the crucial issue, both at the global and local levels, is technological development, which must be inspired by fundamental ethical principles: respect for individuals, equality among human beings and democratic responsibility in the name of the common good.”

Gualtieri also stressed that today, more than ever, “the world needs an international coalition capable of promoting a new model of development combining economic growth, social justice, human rights and environmental protection”, thus echoing Pope Leo XIV’s call for “a disarmed and disarming peace”.

A few hours earlier, Agnès Callamard, secretary general of Amnesty International, had warned against the development of autonomous weapons.

“The idea that decisions to kill could be made by machines is repugnant to us.”

Delegates at the Global Nobel Laureates Assembly on Artificial Intelligence and Nuclear War pose during the conference on artificial intelligence held at Borgo Laudato Si’. Credit: Katsuhiro Asagiri/INPS Japan

According to Callamard, the danger does not lie in an artificial intelligence that would suddenly become conscious but rather in the decision to delegate to it responsibilities that belong exclusively to moral judgement.

“It is not that the machine decides that it will become the boss; it is we who programme these systems,” she explained.

For the head of Amnesty International, the growing integration of AI into military operations represents a major change. These systems can already analyse enormous quantities of data, identify targets and recommend strikes, while gradually reducing the need for human intervention.

Beyond autonomous weapons, the Callamard reminded the world that it must pay close attention to the implications of the progressive integration of AI into what the military calls, in its jargon, the “kill chain”, meaning the process from target identification to the conduct of an operation.

“Even when a human being officially retains the final decision, the growing dependence on automated systems profoundly changes the way military operations are prepared and conducted,” Callamard stated, adding that these technologies rely on immense volumes of data that may themselves be altered.

“Analyses and recommendations can be biased because they are based on data that themselves carry these biases. We must remain attentive to the risks arising from erroneous or discriminatory decisions in contexts where the consequences can be irreversible.”

Another danger: the multiplication of force. Thanks to artificial intelligence, a single operator could simultaneously supervise dozens, or even hundreds, of drones or other autonomous systems, considerably increasing military capabilities.

“These technological developments are taking place within a broader context of strategic competition between states. We are living in a period when many governments are seeking military hegemony,” Callamard concluded.

Beyond military issues, several speakers also insisted on the geopolitical consequences of this technological revolution. Romano Prodi, former president of the European Commission and former Italian prime minister, estimated that the growing rivalry between the United States and China considerably complicates the emergence of genuine international regulation.

In an increasingly fragmented world, Prodi warned, no nation will be able to address alone the challenges linked to artificial intelligence, global security or the control of ever more powerful technologies.

These words anticipated the essence of the final declaration, according to which international cooperation is now an indispensable condition for preventing artificial intelligence from fuelling a new arms race and widening geopolitical fractures.

The discussions also focused on the economic and social consequences of this technological revolution. In the world of work, the sudden arrival of AI is already raising many concerns, particularly regarding the professional future of younger generations and the profound transformation of several professions in the coming years.

The programme brought together a number of leading international figures, including Nobel Peace Prize laureate and former Chief Advisor to Bangladesh Muhammad Yunus; Yoshiyuki Nagaoka, Executive Director of the Office of Public Affairs at Soka Gakkai; Filipino journalist and Nobel Peace Prize laureate Maria RessaAmnesty International Secretary General Agnès Callamard; and several scientists and nuclear experts.

Research published by King’s College London shows that a study carried out on hundreds of millions of job advertisements across 39 countries reveals an average 6.1% decline in job offers in professions most exposed to automation, while the remaining positions require increasingly specialised skills.

Ultimately, what will remain of this conference and of the Rome Declaration? The main point to remember is that participants accept the development of artificial intelligence and do not believe it should frighten us. On the contrary, they consider that this technology can become a powerful driver of progress – provided, however, that it remains at the service of humanity. The ball is therefore in the court of states and their leaders, who must above all place human dignity at the forefront.

The real question is no longer only what artificial intelligence will make possible, but rather what limits societies and humanity as a whole will choose to set for it before the imperatives of power permanently override collective responsibility.

Note: This article is brought to you by IPS Noram in collaboration with INPS Japan and Soka Gakkai International in consultative status with ECOSOC.

IPS UN Bureau Report

 


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