Connect with us

Foreign

Trump asks Treasury to stop minting new pennies

Published

on

ADVERTISEMENT
Zoom Ad
ADVERTISEMENT
Zoom Ad

US President Donald Trump has ordered the Treasury to stop producing penny coins, presenting it as an effort to cut down on government spending.

For far too long the United States has minted pennies which literally cost us more than 2 cents.

This is so wasteful!” Trump wrote on his Truth Social platform.

“I have instructed my Secretary of the US Treasury to stop producing new pennies. Let’s rip the waste out of our great nations budget, even if it’s a penny at a time,” he added.

Advertisement

The so-called Department of Government Efficiency — a cost-cutting initiative led by billionaire Elon Musk that has helped slash federal spending — highlighted the cost of producing pennies in a post on X in January.

Debates about the production cost of pennies are not new in the United States, with several bills having been introduced in Congress that have failed to pass.

Trump’s order would likely require lawmakers’ approval but Treasury Secretary Scott Bessent may be able to simply stop the minting of new pennies, economics professor Robert Triest of Northeastern University wrote in January.

Prices would likely be rounded to the nearest five cents if pennies are removed, Triest said.

Advertisement

Canada announced in 2012 it was eliminating pennies from its coinage system, citing a production cost of 1.6 cents each and its falling purchasing power because of inflation.

Trump has made cutting the federal budget a prominent part of his new administration, with Musk’s DOGE team being tasked with investigating government spending.

Foreign

Iranian Commander Issues “One-for-One” Threat to US Over Citizen Deaths

Published

on

By

ADVERTISEMENT
Zoom Ad
ADVERTISEMENT
Zoom Ad

A senior Iranian military commander has threatened that one US soldier would be killed for every Iranian citizen killed in US attacks, marking a sharp escalation in rhetoric as tensions between Tehran and Washington continue to intensify.

Ali Abdollahi, commander of Iran’s Khatam al-Anbiya Headquarters, said on Friday that what he described as a principle previously demonstrated on the battlefield would now become an official equation governing Iran’s response.

According to Abdollahi, any US attack resulting in the death of an Iranian citizen would trigger a direct response against American forces.

“For every martyr from the proud people of the Islamic Republic of Iran, one American force will be eliminated,” he said.

Advertisement

He concluded his message with a strongly worded warning directed at US forces, saying they had been issued what he described as “a one-way ticket to hell.”

The remarks come as military tensions between Tehran and Washington continue across the region, with both sides exchanging threats amid the ongoing conflict.

Separately, Iranian Foreign Minister Abbas Araghchi said Tehran would not accept a temporary ceasefire under any circumstances unless its demands regarding the Strait of Hormuz are met.

Araghchi said the current dispute with Washington is not the result of a lack of mediators, noting that Pakistan and Qatar continue to play mediation roles. Instead, he argued that the core issue lies in US policies, which he said must change.

Advertisement

Responding to a question about discussions with counterparts from Russia, China, Ukraine, and Pakistan, Araghchi said Iran maintains continuous and organized consultations with Moscow and Beijing and engages in dialogue whenever opportunities arise.

He added that recent meetings with Chinese Foreign Minister Wang Yi and Russian Foreign Minister Sergey Lavrov provided an opportunity to discuss the conflict in greater detail.

Regarding Pakistan, Araghchi said it was natural to discuss mediation initiatives and proposals with Islamabad but reiterated that the fundamental problem between Tehran and Washington is not the absence of mediators but US policy.

Araghchi also stressed that Iran would not yield to what he described as American pressure or intimidation.

Advertisement

“Iran has shown that it will not bow to US coercion. We do not respond to the language of force, pressure, or threats. We are not afraid of threats, we do not submit to pressure, and we do not accept the language of intimidation,” he said.

He reaffirmed that protecting the Iranian people and safeguarding Iran’s interests in the Strait of Hormuz remain fundamental and non-negotiable principles for Tehran, adding that Iran would maintain its current position until what he described as the legitimate demands of the Iranian people are achieved.

Continue Reading

Foreign

Biya’s Long Absence Raises Fresh Questions In Cameroon

Published

on

By

ADVERTISEMENT
Zoom Ad
ADVERTISEMENT
Zoom Ad

Cameroon is facing renewed political debate as President Paul Biya remains outside the country for 48 days, raising concerns among opposition leaders and many citizens over delays in government decisions and the country’s leadership.

Biya, 93, who has ruled Cameroon for more than four decades and is the world’s oldest serving head of state, left the country on June 7 for what officials described as a brief private visit to Europe with his wife, Chantal Biya.

Since then, he has remained in Switzerland, where he has frequently travelled over the years.

His prolonged stay has again led to rumours about his health. Earlier reports claimed he had been admitted to a clinic in Geneva, but Cameroon’s Communication Minister, Rene Emmanuel Sadi, denied the reports on June 18, insisting that the president had not been hospitalised.

Advertisement

Despite the government’s assurance, opposition parties say Biya’s continued absence has left the country without active leadership.

Mamadou Mota, vice-president of the Cameroon Renaissance Movement (MRC), said the situation reflects a clear gap in the country’s institutions.

The leader of the Cameroon Democratic Union (UDC), Patricia Tomaino Ndam Njoya, also called on the government to create a clear legal process for determining when a president is temporarily or permanently unable to carry out official duties.

The ruling party has rejected claims that the country lacks leadership. Higher Education Minister Jacques Fame Ndongo said President Biya remains fully involved in government work and continues to receive and review official documents wherever he is staying.

Advertisement

This is not the first time Biya’s absence has attracted public attention. In late 2024, he also spent about 50 days outside Cameroon, leading to similar concerns.

The opposition Social Democratic Front (SDF) described the country as operating without active direction, saying government activities appear to be continuing without proper leadership.

Many Cameroonians have also expressed frustration over the slow pace of government decisions. Viviane Ondoua Biwole, a public management professor at the University of Yaounde, said many people are tired of waiting for changes. She noted that the current government has remained in office for eight years, while many citizens expected a cabinet reshuffle after the last election.

Biya secured an eighth presidential term in the October election, but the result sparked protests across the country. Security forces moved against demonstrators, and the government later confirmed that several dozen people died during the unrest, although it did not release a full casualty figure. Opposition parties rejected the election outcome, while several Western embassies reacted with caution.

Advertisement

In his New Year’s address on December 31, Biya promised to appoint a new government in the coming days. More than seven months later, no new cabinet has been announced.

At the same time, municipal and parliamentary elections have been postponed several times, allowing current office holders to remain in their positions beyond their expected terms.

Although Cameroon has introduced some constitutional and institutional changes, including replacing the heads of both chambers of parliament in March and creating the office of vice-president through constitutional reforms in May, no one has yet been appointed to fill the new position.

The uncertainty has also encouraged the spread of false information. In June, fake documents made to resemble an official presidential decree were sent to a state-owned radio station in the capital, claiming that a vice-president had been appointed. Journalists verified that the documents were not genuine and refused to broadcast the claim.

Advertisement

As questions continue over who could eventually succeed Biya, political observers say there are reports of disagreements among people close to the president.

According to political analyst Stephane Akoa, different groups within Biya’s inner circle are competing for influence, while First Lady Chantal Biya is becoming more involved in government matters and is increasingly mentioned in discussions about appointments and key decisions.

Under Cameroon’s constitution, if the presidency becomes vacant and no vice-president has been appointed, Senate President Aboubakary Abdoulaye would take over temporarily until a new presidential election is held.

Advertisement
Continue Reading

Foreign

US Court Announces Date For Trial Of Ousted Venezuelan President Maduro

Published

on

By

ADVERTISEMENT
Zoom Ad
ADVERTISEMENT
Zoom Ad

A United States’ court on Wednesday fixed June 2027 for the trial of ousted Venezuela’s president, Nicolas Maduro and his wife, Cilia Flores.

Recall that the US military captured the duo in a stunning nighttime raid in January 2026.

Both have been held in a Brooklyn jail for over seven months after pleading not guilty to federal drug trafficking and firearms charges.

Recall that American commandos arrested the couple from their compound in Caracas on January 3.

Advertisement

READ ALSO: JAPA: Trump Unveils Stricter Visa Rules For International Students, Journalists

The lightning operation combined naval, air and ground forces, deposing the strongman who had led Venezuela since 2013.

During the 20-minute hearing on Wednesday, Judge Alvin Hellerstein set the trial date for June 1 next year following a joint request from prosecutors and defense counsel.

Meanwhile, protesters with signs reading “Free President Maduro” gathered outside the Manhattan courthouse waving Venezuelan flags, while opposing demonstrators held placards calling Maduro and Flores “dictators.”

Advertisement
Continue Reading

Trending

Copyright © 2024 Naija Blitz News