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
Madagascar military leader Colonel Michael Randrianarivelo, who declared control of the state. AP Yonhap News.
The head of the Madagascar military, who declared control of the government immediately after the president was impeached following "Generation Z protests," announced on the 15th (local time) that he "will soon be inaugurated as president."
Colonel Michael Randrianarivelo, commander of the elite army unit CAPSAT, who refused orders to suppress the protests and instead joined the demonstrators, stated at a press conference that "we have been in charge of state affairs since yesterday," as reported by Reuters.
A military source who requested anonymity stated that Colonel Randrianarivelo would be inaugurated as president within two days.
Colonel Randrianarivelo declared that he had seized power in front of the presidential palace shortly after parliament voted to impeach President Andry Rajoelina, who fled abroad last weekend.
Outlining the military's plan for interim governance, he explained, "A coalition of parliament, the government, and the judiciary will run the country during a transition period of up to two years."
The Constitutional Court issued a separate statement urging Colonel Randrianarivelo to exercise the powers of head of state in the absence of an effective government. Following the successful impeachment of the president driven by intense anti-government protests that began on the 25th of last month, Madagascar's youth and citizens took to the streets yesterday to celebrate their political victory.
Although President Rajoelina claimed the impeachment process was illegal and asserted he would remain in office, he has effectively been ousted.
Reuters reported that Rajoelina, who reportedly escaped Madagascar on a French military plane on the 12th, is currently believed to be in Dubai, United Arab Emirates (UAE).
Madagascar, known for its ecological diversity and as the world's largest producer of vanilla, has faced continued political instability since gaining independence from France in 1960. According to the World Bank, it remains one of the poorest countries in the world, with approximately 75% of the population living below the poverty line as of 2022.
Yonhap News
Yonhap News More by this author