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South Korean court extends arrest warrant for ousted President Yoon

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South Korean investigators are preparing for a second attempt to arrest Yoon Suk Yeol. A court in South Korea has extended an arrest warrant against the ousted president, investigators announced on Tuesday, paving the way for a renewed effort to detain him after his security service thwarted the first attempt last week.

The Corruption Investigation Office for Senior Officials (CIO) and the National Police Agency, which are jointly investigating sedition charges against Yoon, will determine when to reissue the arrest warrant. Yoon’s legal team contends that the warrant is illegal and is expected to continue resisting arrest.

Prosecutors must prove that Yoon’s declaration of martial law and deployment of troops to the National Assembly in December constituted sedition. Under South Korea’s penal code, sedition is defined as “resorting to violence for the purpose of usurping national territory or overthrowing the constitution.”

Former Defense Minister Kim Yong-hyun has also been charged with sedition. According to the Yonhap News Agency, prosecutors concluded that the mobilization of the army and police to block the National Assembly, along with attempts to arrest lawmakers and seize documents from the National Election Commission without a warrant, were aimed at subverting the constitution. Testimony suggests that these orders were issued directly by Yoon.

In a speech last month, Yoon claimed that he declared martial law as a warning against “anti-state forces” within the opposition Democratic Party, arguing that the move fell within the scope of “state powers.”

The CIO, established to investigate offenses by senior officials, does not typically handle treason cases. It also lacks experience dealing with suspects who physically resist arrest. On Monday, the office requested the police to execute an arrest warrant for Yoon, but the National Police Agency cited legal issues with the request.

The police are preparing for a potential confrontation with the president’s security service and have indicated that they may arrest any personnel who attempt to physically obstruct the execution of the arrest warrant. The head of the security service was summoned for questioning for the third time on Tuesday after ignoring two previous summonses.

The issue has also become a focal point in the impeachment trial at the Constitutional Court, which is tasked with making the final decision following the National Assembly’s successful impeachment motion last month.

The impeachment motion centered on two points: the alleged unconstitutionality of Yoon’s declaration of martial law and accusations that it constituted sedition.

On Friday, the National Assembly’s impeachment investigation committee, composed solely of opposition lawmakers, asked the court to remove the sedition charge from the impeachment grounds to expedite the trial. The committee argued that the sedition issue should be resolved in criminal court.

Yoon’s People Power Party, which largely opposed the impeachment motion, argued that the retroactive amendment should invalidate the motion.

A legal representative from the impeachment committee stated, “There is no change in making all acts of sedition subject to prosecution.”

ASIA

Reasons for US withdrawal from Afghanistan

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America’s withdrawal from Afghanistan was not a one-time decision, but was formed gradually. The US left Afghanistan when it was sure that the Taliban regime would implement its terms. Months of negotiations took place in Doha for a safe exit.

Some reasons are as follows:

1- The excessive pressure of the Eastern Front against US, NATO and India

The US entered the region which is bordered with China, Iran and the borders of the former Soviet Union. This was not digestible for the regional powers. China’s fear of Uyghurs being strengthened by the US and also China’s need for Afghanistan to expand the Silk Road caused it to directly and indirectly support the opposition of the republic and the withdrawal of US from the region.

This is why before the fall of the Republic in Afghanistan, we witnessed the presence of Taliban delegations in China. In 1395, this delegation traveled to China under the title of peace.

India brought itself closer to Afghanistan by building the Salma Dam. Salma Dam is the biggest project of India for the reconstruction of Afghanistan, which is worth 300 million dollars.

The construction of Salma Dam was one of the big projects of the government of Mohammad Dawood Khan, the first president of Afghanistan, which started in 1976 with the help of India. The construction process of this dam, which was stopped due to the conflicts in Afghanistan, started again in 2005.

Salma Dam was put into operation in the presence of Ashraf Ghani, the former president of Afghanistan, and Narendra Modi, the Prime Minister of India. India had a special economic view on Chabahar port to export goods to Afghanistan and Central Asia through this port. Pakistan was against increasing India’s influence in Afghanistan and Central Asia, and by strengthening the Taliban, it tried to make the republic fall in order to reduce India’s influence. For that purpose, Pakistan sent all its extremist groups, including the Tehreek-e-Taliban Pakistan (TTP) to Afghanistan for suicide attacks.

Pakistan’s subversive operations in Afghanistan were carried out for three purposes:

First: Due to the reduction of India’s influence through the fall of the Republic.

Second: By transferring suicide bombers and extremist groups to Afghanistan and guaranteeing its unity and security by moving extremist groups away from Pakistan to neighboring countries.

Third: Weakening the desire for independence in the Pashtunistan region of Pakistan (Khyber Pakhtunkhwa) by strengthening extremist groups.

But these extremists were all focused on confronting the republic, not the Pakistani army. After the fall of the republic, TTP was automatically activated – because it did not have a playground and the best playground was their own land (Khyber Pakhtunkhwa) which was located in Pakistan. For this reason, TTP has made some areas insecure and caused border conflicts and Pakistani attacks on Afghanistan.

Iran also felt very threatened by the US, so it was trying to plan to drive the US out of Afghanistan. The president of the United States at the time called Iran a part of the axis of evil.

Axis of Evil is a term coined by George W. Bush, the president of the United States on January 29, 2002, in his annual speech to the Congress, used it in referring to the three countries of the Islamic Republic of Iran, North Korea, and Iraq.

Bush is the one who started the global war against terrorism after the terrorist attacks of September 11, 2001, the main results of which were the occupation of Afghanistan in the same year and the occupation of Iraq in 2003.

When such a person occupied two countries, one in the east and the other in the west of Iran, and also considered Iran as the axis of evil, he also planned to attack Iran from a political point of view. For this reason, Iran was not happy with the presence of the US in Afghanistan.

We all remember that an American archive 170 plane fell into the hands of Iran. This spy plane, which was sent by the US to Iran, caused the Iranian security authorities to become more suspicious of the US and to work indirectly against the US in Afghanistan.

The Russians, who once had a physical presence in Afghanistan in the form of the Soviet Union, and their agents such as Taraki and Najib could not fulfill their hopes and dreams, considered America the cause of their failure.

During the height of the war between the Mujahideen and the Soviet Red Army, the Americans sent many weapons through Pakistan to Afghanistan to prevent Soviet influence and expansion.

Both because revenge against the US and Washington had penetrated to spread terrorism, the Russians determined all their will to expel the US from the region. The Taliban’s visit to Russia before the fall of the republic indicated Moscow’s determination to overthrow the republic and drive the US out of Afghanistan.

2- Internal differences and the failure of nation building

The lack of formation of nation building in Afghanistan made the US regret staying and start negotiations with the Taliban.

When a government system cannot institutionalize nation building, division and corruption will spread and it will lose the ability to deal with external and internal threats in a coherent and unified manner. The US were fully aware of this and did not see the national army as the main supporter or protector of the country.

3- Countering China’s economic power

The only country in the world that has been able to challenge the US economically is China. The Chinese dragon is getting stronger day by day and is taking over the world markets.

The US’s staying in Afghanistan would cause it to lose the necessary focus for economic competition and struggle with China. In addition, the presence of the US military in Afghanistan and in the neighborhood of China was a weak point, which could be indirectly attacked by China at any moment. Meanwhile, the US’s focus on the Yellow Sea and Taiwan Island will increase the pressure on China.

4- Failure to realize democracy in Afghanistan

The US stayed in Japan and Germany, but left Afghanistan. One of the important reasons is the issue of culture and economy. Japan did not have a religious ideology and quickly accepted democracy.

The culture of liberalism permeated all the cultural layers of the Japanese people and the people also accepted this culture. West Germany also accepted American culture and with the collapse of the Berlin Wall, East Germany also joined the liberalism system.

The fall of the Berlin Wall on November 9, 1989 was the starting point of liberalism in Eastern and Central Europe. This did not happen in Afghanistan. The people of Afghanistan have been accustomed to Islamic culture for about 1,400 years and were also caught up in internal wars for many years. Extensive damage caused democracy to not penetrate in the city and village.

As long as a culture is not indigenous and is not accepted from within the society, it is not possible to impose it with external pressure. The communists did this in Afghanistan and failed. The US also failed to influence culturally in the middle and lower layers of the Afghan society and saw no hope of realizing democracy and liberal culture and therefore, the US left Afghanistan.

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Yoon Suk Yeol’s fate uncertain as Constitutional Court considers impeachment

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Prolonged uncertainty continues over the fate of deposed South Korean President Yoon Suk Yeol. Yoon, who was suspended from office on December 3 after a brief imposition of martial law and is under criminal investigation for a possible uprising, has been guarded for weeks by a small army of personal security personnel at his hilltop residence in Seoul, where he survived the first attempt to arrest him.

In a National Barometer Poll released on Thursday, 59% of respondents wanted Yoon to be arrested, while about 37% said his arrest would be excessive. A similar percentage also expressed support for the Constitutional Court, which is currently considering lawmakers’ decision to remove Yoon from office.

Analysts say that Yoon’s return to office is uncertain, but the break has emboldened his supporters gathered near the presidential residence. In the weeks since Yoon’s dismissal, support for the ruling People Power Party (PPP) has also seen a slight rebound, which some analysts say indicates that conservatives are uniting to fight a possible presidential election later this year.

According to a Realmeter poll released on Monday, the PPP’s approval rating rose for the third week in a row to 34.4%. The main opposition Democratic Party, which holds a parliamentary majority and has put Yoon’s impeachment to a vote, had a 45.2% approval rating.

Facing a new attempt to arrest him, Yoon’s lawyers continue to challenge the anti-corruption officials who sought his arrest, claiming that they do not have the authority to investigate him for the offense of sedition, even though an arrest warrant has been issued by the court.

Yoon will accept the Constitutional Court’s ruling

However, lawyers told reporters on Thursday that the Constitutional Court’s ruling on Yoon’s political future would be accepted. Decisions of the court, one of the country’s two highest courts along with the Supreme Court, cannot be appealed.

“The president is still standing strong,” Yoon’s lawyer Seok Dong-hyeon told supporters outside his residence on Wednesday, saying he did not want people and public officials to be harmed by this but could not accept illegal investigations.

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China faces deflationary pressures as consumer prices grow at a record-low pace

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Consumer prices in China rose marginally in December, highlighting persistent deflationary pressures in the world’s second-largest economy, which have driven bond yields to record lows.

Consumer prices increased by 0.1 percent last month compared to a year earlier, aligning with Reuters’ average analyst forecast. This marks the slowest growth in nine months and is lower than November’s 0.2 percent rise, as reported on Thursday.

The producer price index, a measure of ex-factory prices, declined by 2.3 percent. This was slightly better than analysts’ forecasts of a 2.4 percent drop and an improvement from November’s 2.5 percent contraction. December’s data indicates that the index has been in the deflationary zone for 28 consecutive months.

The Chinese economy has been grappling with deflation for months, exacerbated by a three-year property crisis that has dampened consumer demand and led to industrial oversupply.

Beijing is expected to achieve its 5 percent economic growth target for 2024 through a combination of price competitiveness in global markets, domestic deflation, and strengthening exports supported by government stimulus measures.

However, analysts caution that this strategy is being undermined by U.S. President Donald Trump’s threat of significant tariffs, which could sharply slow China’s export growth.

Additionally, Beijing has faced challenges in boosting domestic demand, even after a September monetary policy shift aimed at stimulating the stock market and enhancing household wealth through higher stock prices.

The yield on China’s benchmark 10-year government bond has remained at record lows since the start of the year, reflecting investor expectations of slow economic growth and a deflationary outlook.

On Thursday, Chinese stocks displayed mixed performance. The benchmark CSI 300 index was unchanged, while Hong Kong’s Hang Seng index rose by 0.4 percent. Yields on 10- and 30-year government bonds remained stable.

In currency markets, the renminbi was steady at Rmb7.33 against the dollar after the People’s Bank of China set the daily trading rate at Rmb7.19. The renminbi is permitted to trade within a 2 percent range of the central bank’s daily rate.

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