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
US Vice President JD Vance [Reuters/Yonhap News Archive]
International nuclear inspectors are scheduled to return to Iran, stated US Vice President JD Vance.
In an interview with NBC News on the 16th (local time), Vice President Vance responded to a question about the return of International Atomic Energy Agency (IAEA) inspectors to Iran, saying, "It is one of the core provisions clearly stipulated in the memorandum of understanding (MOU) between the United States and Iran to end the war."
While Vance mentioned that the timeline for resuming inspections will be discussed later, he expressed anticipation, stating, "Because there is broad consensus, the resumption of inspections will also be carried out promptly."
He added, "The IAEA and the United States will support the work of disposing of Iran's stockpiles of highly enriched uranium."
Furthermore, Vice President Vance emphasized the need for agreement implementation, saying, "If Iran adheres to its long-term commitment not to develop nuclear weapons, it can develop into a successful nation."
Vance revealed that the US and Iran have agreed on a basic framework to end the war, and the full text of the MOU is scheduled to be released after the official signing ceremony to be held in Switzerland on the 19th.
Regarding the delay in the document's release, he explained, "It is necessary to coordinate the technical details of the implementation process rather than the agreement itself," and introduced Qatar and Pakistan as having played important roles in the mediation process.
He also dismissed some assessments that the agreement reached by the Trump administration with Iran is not significantly different from the Joint Comprehensive Plan of Action (JCPOA), which was signed during the Obama administration in 2015.
Vice President Vance argued, "The Obama administration essentially paid Iran to halt its nuclear program. However, now, Iran's nuclear program has been completely dismantled."
Regarding the proposal for imposing transit fees in the Strait of Hormuz, raised within Iran, he stated, "An agreement has been reached for ships to pass through freely for 60 days while final negotiations are underway."
Meanwhile, Iranian President Masoud Pezeshkian evaluated the agreement with the United States as "significant progress towards halting the war and starting negotiations," but also stated, "A final agreement has not yet been formed."
Yonhap News More by this author