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
U.S. President Donald Trump [Reuters=Yonhap News. Reproduction and DB prohibited]
U.S. President Donald Trump has not approved the draft memorandum of understanding (MOU) to end the war between the United States and Iran, the U.S. daily New York Times (NYT) reported on the 30th (local time).
Although U.S. and Iranian officials had previously reached a tentative agreement on the ceasefire MOU, both countries were left only with final approval procedures. President Trump effectively blocked this by refusing it.
Citing three officials, the NYT reported that President Trump has strengthened the terms of the tentative agreement included in the ceasefire MOU and sent a document reflecting the related revisions back to Iran.
The specific details of the revisions have not yet been confirmed.
However, officials said President Trump has expressed concerns about the tentative agreement, which includes the lifting of asset freezes on Iran.
President Trump has sharply criticized the Iran nuclear deal (JCPOA - Joint Comprehensive Plan of Action) signed by the previous Barack Obama administration, and directly withdrew from the JCPOA in 2018, arguing that the U.S. made too many concessions in the process of lifting sanctions and other measures against Iran.
Furthermore, President Trump was reportedly displeased that Iran took too long to respond to the U.S. proposal.
An official suggested that President Trump's offer of a tougher new proposal could be an attempt to pressure Iran's Supreme Leader Ayatollah Seyyed Mojtaba Khamenei to quickly accept the existing proposal.
Earlier, President Trump discussed the approval of the ceasefire MOU at a meeting in the White House Situation Room on the 29th, but the meeting concluded without any announcement.
The draft MOU reportedly includes extending the ceasefire between the U.S. and Iran by 60 days, fully opening the Strait of Hormuz, and reaching an agreement on Iran's denuclearization during the extended ceasefire period.
U.S. media also reported that the U.S. agreed to ease sanctions on Iran in line with the nuclear negotiation progress and discuss the release of Iran's frozen assets. (Yonhap News)
Yonhap News More by this author