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
Rep. Choo Kyung-ho. Yonhap News
Choo Kyung-ho, a lawmaker from the People Power Party, stated in response to the special prosecutor's indictment on charges of engaging in a critical mission for rebellion on the 7th, "I urge the special prosecutor and the political forces behind it, such as the Democratic Party of Korea, to cease further political oppression and attempts to intimidate the judiciary."
In a statement released after the special prosecutor's indictment on the same day, Rep. Choo said, "As was the predetermined conclusion from the moment the special prosecutor's office was established, the charges were forcibly and unreasonably fitted to push through this unwarranted indictment."
He countered, "The special prosecutor's office acknowledged in the detention warrant hearing that I had no prior collusion with former President Yoon Suk-yeol regarding martial law," adding, "At the time, I did not receive any request from former President Yoon to cooperate with maintaining martial law during our phone call."
He further emphasized, "Despite the court's decision to reject the detention warrant request due to the special prosecutor's failure to substantiate the charges, the political indictment was pushed through without any additional evidence. I will clearly prove in court that the charges of rebellion leveled against me are fabricated."
Choi Soo-jin, the party's senior deputy floor leader, also issued a statement, arguing, "The special prosecutor's office has again forced a fabricated indictment, even though the court clearly rejected Rep. Choo's detention warrant with explicit reasons. It is common sense for Special Prosecutor Cho Eun-seok to apologize for the unreasonable warrant request and step down."
She urged, "This is not an investigation to uncover the truth, but political oppression rushing towards a predetermined conclusion. The attempt to push a political frame by mobilizing sensational politics to brand the opposition party as 'rebellion forces' and a 'constitutionally unconstitutional party' must be immediately stopped."
The special prosecutor's team had requested a detention warrant for Rep. Choo on November 3rd, but the court, after a hearing for the suspect prior to detention (warrant examination) on the 2nd, rejected the request.
Rep. Choo is accused of obstructing other lawmakers from participating in a vote to lift martial law by repeatedly changing the location of the party caucus, after receiving a request from former President Yoon Suk-yeol's side to cooperate with martial law during the declaration of emergency martial law last year when he was the floor leader.
Yonhap News More by this author