Trump pressures for rate cut again ahead of FOMC... "Should be the lowest in the world"
U.S. President Donald Trump. [Photo = The White House] U.S. President Donald Trump once again pressured the Federal Reserve, the U.S. central bank, to lower interest rates on the 27th (local time
“Ignoring crisp ballots and damaged seals”… Tongyeong mayoral recount concludes with ‘no change in outcome,’ leaving suspicions and public outrage behind
Suspected counterfeit ballots discovered in Tongyeong [GIF from social media of Representative Hwang Kyo-ahn / Attorney Park Joo-hyun]During a recount of the Tongyeong mayoral election in South Gyeong
President Yoon, regarding the first-instance ruling on the Public Official Election Act: “An excessive political verdict that distorts the facts… We will appeal immediately.”
The first-instance sentencing hearing for President Yoon Suk Yeol regarding violations of the Public Official Election Act is being broadcast live at Seoul Station on the 27th. [Photo=Yonhap News]Pres
WSJ: "SK Hynix ADR Premium Is a Sign of AI Trading Overheat"
Advertisement for SK Hynix ADR listing in New York's Times Square [Reuters=Yonhap News file photo]The Wall Street Journal (WSJ) has pointed out that the price of SK Hynix’s American Depositary Recei
'Godfather of Japanese Mystery Novels' Keigo Higashino Passes Away After Battle with Cancer at 68
Famous Japanese mystery novelist Keigo Higashino [AFP=Yonhap News]It has been belatedly reported that Keigo Higashino, the "godfather of Japanese mystery novels" and author of bestsellers such as "The
[Park Pil-kyu Security Column] To the Ignorant Trying to Clothe a Beast in Sheep's Clothing
Rep. Kim Byung-joo of the Democratic Party of Korea [Photo=Yonhap News]“The Air Force Academy doesn't teach you how to fly a plane!” “The Army, Navy, and Air Force academies are exactly the
People Power Party Special Committee Chairman Joo Jin-woo delivers opening remarks at the first meeting of the Special Committee on Preventing the Cancellation of Lee Jae-myung's Presidential Trial held at the National Assembly on the 22nd. [Yonhap News]
The People Power Party effectively expressed its opposition on the 5th to the proposal by Democratic Party Floor Leader Han Byung-do to have a third party recommend a special counsel to investigate the ballot paper shortage crisis.
Rep. Yoon Sang-hyun of the People Power Party, who chairs the National Assembly's Special Committee on Investigation, said during a briefing at the National Assembly that day, "Even if a third party recommends the special counsel, isn't it the President who ultimately appoints them? The state failed to take necessary measures (regarding the infringement of voting rights), so aren't the President, the government, and the National Election Commission (NEC) the most important subjects (of the truth-finding mission)?" He added, "If that is the case, it would be much more helpful in uncovering the substantive truth of the ballot paper shortage if the opposition party recommends the special counsel."
Rep. Joo Jin-woo, a member of the special committee, stated in a Facebook post, "Floor Leader Han Byung-do says he will propose a special counsel bill for the NEC that involves a third-party recommendation, such as from the Korean Bar Association. That is out of the question." He continued, "A special counsel must be free from any government influence to conduct an investigation without sanctuaries and achieve electoral system reform."
He then asked, "When the Democratic Party was in the opposition, they decided on all special counsels, including the 'Marine Corps Special Counsel.' Why has their position changed 180 degrees since then?" He argued, "A special counsel not recommended by the People Power Party will lack effectiveness. We must completely exclude any influence from the Democratic Party over the special counsel."
In another Facebook post, Rep. Joo shared an article headline noting that acting National Election Commission Chairman Wi Cheol-hwan is a former president of the Korean Bar Association, writing, "A special counsel recommended by the Korean Bar Association investigating Wi Cheol-hwan, who is also a former president of the Korean Bar Association? Is the Democratic Party playing games?"
Yonhap News More by this author