live Iran closes Strait of Hormuz again over U.S. blockade, state media says- Saturday 18 April
Iran's Islamic Revolutionary Guards Corps (IRGC) said in a Saturday statement that the Strait of Hormuz has...
South Korea’s Prime Minister and Acting President Han Duck-soo has resigned and announced his presidential bid, pledging to shorten his term to three years in order to pursue constitutional reform and apply his economic expertise to address the ongoing trade crisis.
"I ultimately decided to step down from my position in order to do what I can, do what I must, for us to overcome the crisis we face," Han said, as cited by Yonhap.
Han made his announcement at the National Assembly, just one month before voters head to the polls on June 3 to elect a successor to impeached former President Yoon Suk Yeol.
Deputy Prime Minister Choi Sang-mok is now supposed to take on the role of the country’s acting president. He served in the position between December 2024 and March 2025.
Han, who previously served as prime minister under both liberal and conservative administrations and as South Korea’s ambassador to the United States, pledged to make an immediate push to amend the Constitution.
Outlining a detailed roadmap, Han said he would aim to draft an amendment proposal in his first year, finalize it in the second, and hold both general and presidential elections under the new Constitution in the third—after which he would step down.
“The key goal of amending the Constitution,” Han stated, “is for the president and the National Assembly to share power amid checks and balances—eliminating the juridification of politics and the politicization of the judiciary, and sincerely contributing to the national interest and public welfare through the institutionalization of cooperative governance and effective administration.”
Han also pledged to resolve current trade issues triggered in part by Washington's new tariff policy by drawing on his experience leading multiple trade negotiations to success.
He further promised to work for national unity and inclusion of the socially weak and marginalized.
The past 24 hours of the Russia-Ukraine war have seen a drastic escalation in both aerial bombardment and frontline losses.
Iran reopened the Strait of Hormuz to commercial shipping on Friday (17 April) for the first time since the U.S. and Israel killed Iran's ex-Supreme Leader in air strikes, triggering the Middle East conflict, at the end of February. A U.S. blockade on Iranian ports, however, remains in force.
Russia published addresses of manufacturers allegedly producing drones or components for Ukraine on Wednesday (15 April), warning European countries against plans to step up UAV supplies to Kyiv.
Iran's Islamic Revolutionary Guards Corps (IRGC) said in a Saturday statement that the Strait of Hormuz has returned to its "previous state" under the control of its "armed forces," citing the ongoing U.S. blockade on Iranian ports.
Netflix shares fell sharply on Friday after the streaming group issued a weaker-than-expected outlook and said chairman and co-founder Reed Hastings will step down from the board.
The Trump administration extended a sanctions exemption on some Russian oil as prices continue to skyrocket in the wake of the U.S.- Israeli war against Iran on Friday (17 April).
Australia and Japan signed contracts on Saturday (18 April) launching their landmark A$10 billion ($7 billion) deal to supply Australia with warships, Tokyo's most consequential military sale since ending a military export ban in 2014.
Leaders from across Europe and beyond gathered in Paris on Friday for a summit aimed at managing the global impact of the Middle East conflict.
European leaders have set out plans for a coordinated defensive mission to restore freedom of navigation in the Strait of Hormuz, once security conditions allow, following talks involving more than 40 countries.
NeaNearly 900 Rohingya refugees were reported missing or dead in the Andaman Sea off Myanmar in 2025, making it the deadliest year on record, the United Nations Refugee Agency said on Friday.
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