China’s exporters rush shipments as fragile U.S. tariff truce lifts June outlook, poll suggests
China’s exports are expected to have grown 5% in June as manufacturers hurried goods abroad ahead of a 12 August deadline that could see the U.S. re...
South Korea’s acting President Choi Sang-mok moves to fill Constitutional Court vacancies, aiming to restore stability amid political turmoil following the impeachment of his predecessors.
South Korea's acting President Choi Sang-mok said on Tuesday he would immediately move to fill vacancies on the Constitutional Court in a effort to restore stability after the impeachment of two of his predecessors this month triggered political turmoil.
Finance Minister Choi became acting leader on Friday after the impeachment of Prime Minister Han Duck-soo, who had been acting president since Dec. 14 when Yoon Suk Yeol was suspended from power after a short-lived attempt to impose martial law on Dec. 3.
Choi said he would appoint two Constitutional Court justices immediately, and a third when ruling and opposition parties can agree on nominating a candidate.
"Having succeeded as acting President on December 27, I decided to appoint Constitutional Court justices because of the urgency of ending political uncertainty and social conflict as soon as possible, to stop the possibility of crises in the economy and people's livelihoods," Choi said in a Cabinet meeting.
Credit ratings agency Fitch warned this month that any slowdown from a prolonged political crisis and internal division could lead to a credit rating cut in Asia's fourth-largest economy.
Han was impeached after he declined to immediately appoint three justices to fill vacancies at the Constitutional Court, saying it would exceed his powers as acting president.
The court is set to decide the fate of both Yoon and Han, on whether to oust them from their positions completely or restore their powers.
South Korea's Constitution requires six justices to agree on the ouster of an impeached president. But the nine-member court had three vacancies, so the current justices would have had to vote unanimously to remove Yoon.
The appointment of the justices has been a point of contention between the opposition Democratic Party which controls parliament, and Yoon's ruling People Power Party.
Choi pleaded with the ruling and opposition parties to work with the government to resolve political uncertainties, handle the aftermath of the most severe plane crash on South Korean soil and bolster people's livelihoods.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
A deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
On July 4, Azerbaijani President Ilham Aliyev met with Turkish President Recep Tayyip Erdoğan in Khankendi, reaffirming the deep-rooted alliance between the two nations.
The 17th Summit of the Economic Cooperation Organization (ECO) was successfully held in Khankendi, Azerbaijan, highlighting the region’s revival and the deepening economic cooperation among member states.
Washington and Ottawa are once again at odds, as President Trump unveils a sharp new tariff on Canadian goods—citing drug trafficking and trade disputes just weeks ahead of a key deadline.
France recorded over 100 drowning deaths in just one month — a 58% rise from last year — as unusually high temperatures drove more people to water, public health officials say.
Migration offset natural decline for the fourth consecutive year, pushing the European Union’s population to an historic high of 450.4 million in 2024, according to Eurostat figures released on Friday.
Germany’s public debt is projected to climb from 62.5% to 74% of GDP by 2030, driven by record defence and infrastructure spending, according to a report by the European rating agency Scope.
The global oil market may be tighter than headline supply-demand figures suggest, the International Energy Agency (IEA) said Friday, citing rising refinery activity and seasonal summer demand as key drivers of short-term market pressure.
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