South Korea's top court formally ousts President Park Geun-hye

March 10, 2017

Seoul, Mar 10: In a historic, unanimous ruling Friday, South Korea's Constitutional Court formally removed impeached President Park Geun-hye from office over a corruption scandal that has plunged the country into political turmoil, worsened an already serious national divide and prompted calls for sweeping reforms.

GeunIt was a stunning fall for Park, the country's first female leader and the daughter of a dictator who rode a lingering conservative nostalgia for her father to victory in 2012, only to see her presidency descend into a scandal.

The ruling by the eight-member panel opens her up to possible criminal proceedings and makes her South Korea's first democratically elected leader to be removed from office since democracy came in the country in the late 1980s.

Park's "acts of violating the constitution and law are a betrayal of the public trust," acting Chief Justice Lee Jung-mi said. "The benefits of protecting the constitution that can be earned by dismissing the defendant are overwhelmingly big. Hereupon, in a unanimous decision by the court panel, we issue a verdict: We dismiss the defendant, President Park Geun-hye."

South Korea must hold an election within two months to choose Park's successor. Liberal Moon Jae-in, who lost to Park in the 2012 election, currently enjoys a comfortable lead in opinion surveys. Whoever becomes the next leader will take over a country facing a hostile North Korea, a stagnant economy and deep social and political divides.

Pre-verdict surveys showed that 70 to 80 percent of South Koreans had wanted the court to approve Park's impeachment. But there have been worries that Park's ouster would further polarize the country and cause violence between her supporters and opponents.

Sensing history, thousands of people — both pro-Park supporters, many of them dressed in army-style fatigues and wearing red berets, and those who wanted Park gone — gathered around the Constitutional Court building and a huge public square in downtown Seoul.

A big television screen was set up near the court so people could watch the verdict live. Hundreds of police were on hand for any protests, wearing helmets with visors and black, hard-plastic breastplates and shin guards. The streets near the court were lined with police buses and barricades.

Park's parliamentary impeachment in December came after weeks of Saturday rallies that drew millions who wanted her resignation. Overwhelmed by the biggest rallies in decades, the voices of Park supporters were largely ignored. But they've recently regrouped and staged fierce pro-Park rallies since.

People on both sides have threatened not to accept a Constitutional Court decision that they disagree with. One of Park's lawyers told the court last month that there will be "a rebellion and blood will drench the asphalt" if Park is booted from office. Many participants at anti-Park rallies had said they would stage a "revolution" if the court rejected Park's impeachment.

"If Park accepts the ruling and soothes those who opposed her impeachment, things will be quiet," said Yoon Tae-Ryong, a political scientist at Seoul's Konkuk University. "But looking at what she's done so far, I think that might be wishful thinking."

Others disagreed, saying violent protests won't be supported by the general public.

Prosecutors have arrested and indicted a slew of high-profile figures over the scandal, including Park's confidante Choi Soon-sil, top Park administration officials and Samsung heir Lee Jae-yong. But Park has avoided a direct investigation thanks to a law that gives a sitting president immunity from prosecution for most of the alleged crimes.

Since she's now no longer in power, prosecutors can summon, question and possibly arrest her. Her critics want to see Park appear on TV while dressed in prison garb, handcuffed and bound like others involved in the scandal. But some analysts worry that could create a backlash by conservatives.

Even after the election, imprisoning Park could still be a burden for a new government, which must pursue national unity to overcome security, economic and other problems, said Chung Jin-young, a professor at Kyung Hee University. Others say it won't be difficult.

Among the most serious problems facing South Korea is China's retaliation against the deployment of a US high-tech missile defense system in the South. Ties with North Korea are terrible, with Pyongyang seeking to expand its nuclear and missile arsenal. Japan hasn't sent back its ambassador, which it recalled two months ago over history disputes. South Korea also worries about the Trump administration asking for a greater financial contribution for US troop deployment in the South.

Park rose to power in 2012 largely thanks to the support of voters who believed her father guided the country out of poverty after the 1950-53 Korean War and that his daughter would show the same charismatic leadership to revive the economy.

But her father was also a burden because there are many who remember the senior Park as a ruthless thug. These critics have linked her alleged unclear and high-handed decision-making and attempts to infringe upon freedom of speech to her father's high-handed style.

"The nostalgia for Park Chung-hee's developmental dictatorship, which has existed as a sort of myth since the '60s, has been shattered along with Park Geun-hye's impeachment," said Lim Jie-Hyun, a professor at Sogang University. "When people voted for Park Geun-hye, they didn't do so because of her."

Park Geun-hye has offered a public apology several times and acknowledged she got some help from Choi for editing speeches and on the issue of public relations. But Park has denied any legal wrongdoing.

The two women became friends in the 1970s, around the time when Park began serving as first lady after her mother was killed during a failed 1974 assassination attempt on her father. Park Geun-hye said Choi helped her "when I had difficulties" in the past. The two women had 573 phone calls between 18 April, 2016 and 26 October, 2016, according to an investigation report by prosecutors.

Prime Minister Hwang Kyo-ahn has led the government as acting leader since Park's impeachment and he will continue to do so until South Korea elects a new president by May. Some media reports said Hwang might run for the presidency as a conservative candidate. If that happens, he should resign to run and a deputy prime minister will serve as another interim leader.

In 2004, then President Roh Moo-hyun was impeached by parliament for alleged election law violations and incompetence, but the Constitutional Court later reinstated his power.

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News Network
July 27,2020

Chengdu, China, Jul 27: The American flag was lowered at the United States consulate in Chengdu on Monday, days after Beijing ordered it to close in retaliation for the shuttering of the Chinese consulate in Houston.

Footage on state broadcaster CCTV from outside the consulate showed the flag being slowly lowered early Monday morning, after diplomatic tensions soared between the two powers with both alleging the other had endangered national security.

Relations deteriorated in recent weeks in a Cold War-style standoff, with the Chengdu mission Friday ordered to shut in retaliation for the forced closure of Beijing's consulate in Houston, Texas.

The deadline for the Americans to exit Chengdu has been unclear, but the Chinese consulate in Houston was given 72 hours to close after the original order was made.

On Saturday news agency reporters saw workers removing the US insignia from the front of the consulate.

Over the weekend, removals trucks entered the US consulate and cleaners were seen carting large black rubbish bags from the building.

Beijing says closing the Chengdu consulate was a "legitimate and necessary response to the unreasonable measures by the United States", and has alleged that staff at the diplomatic mission endangered China's security and interests.

Washington officials, meanwhile, said there had been unacceptable efforts by the Chinese consulate in Houston to steal US corporate secrets.

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News Network
January 12,2020

Washington, Jan 12: US president Donald Trump said Saturday the United States was monitoring Iranian demonstrations closely, warning against any new “massacre” as protests broke out after Tehran admitted to shooting down a passenger plane.

Iran said earlier it unintentionally downed a Ukrainian jetliner outside Tehran, killing all 176 people aboard, in an abrupt about-turn after initially saying that it had crashed due to mechanical failure. The firing came shortly after Iran launched missiles at bases in Iraq housing American forces.

President Hassan Rouhani said a military probe into the tragedy had found that “missiles fired due to human error” brought down the Boeing 737, calling it an “unforgivable mistake.”

Trump told Iranians -- in tweets in both English and Farsi -- that he stands by them and is monitoring the demonstrations.

“To the brave, long-suffering people of Iran: I've stood with you since the beginning of my Presidency, and my Administration will continue to stand with you,” he tweeted.

“There can not be another massacre of peaceful protesters, nor an internet shutdown. The world is watching,” he added, apparently referring to an Iranian crackdown on street protests that broke out in November.

“We are following your protests closely, and are inspired by your courage," he said.

The new demonstrations follow an Iranian crackdown on street protests that broke out in November. Amnesty International has said it left more than 300 people dead. Internet access was reportedly cut off in multiple Iranian provinces ahead of memorials planned a month after the protests.

On Saturday evening, police dispersed students who had converged on Amir Kabir University in Tehran to pay tribute to the victims, after some among the hundreds gathered shouted "destructive" slogans, Fars news agency said.

State television reported that students shouted "anti-regime" chants, while the news agency Fars reported that posters of Soleimani had been torn down.

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Agencies
June 7,2020

Moscow, Jun 7: OPEC, Russia and allies agreed on Saturday to extend record oil production cuts until the end of July, prolonging a deal that has helped crude prices double in the past two months by withdrawing almost 10% of global supplies from the market.

The group, known as OPEC+, also demanded countries such as Nigeria and Iraq, which exceeded production quotas in May and June, compensate with extra cuts in July to September.

OPEC+ had initially agreed in April that it would cut supply by 9.7 million barrels per day (bpd) during May-June to prop up prices that collapsed due to the coronavirus crisis. Those cuts were due to taper to 7.7 million bpd from July to December.

“Demand is returning as big oil-consuming economies emerge from pandemic lockdown. But we are not out of the woods yet and challenges ahead remain,” Saudi Energy Minister Prince Abdulaziz bin Salman told the video conference of OPEC+ ministers.

Benchmark Brent crude climbed to a three-month high on Friday above $42 a barrel, after diving below $20 in April. Prices still remain a third lower than at the end of 2019.

“Prices can be expected to be strong from Monday, keeping their $40 plus levels,” said Bjornar Tonhaugen from Rystad Energy.

Saudi Arabia, OPEC’s de facto leader, and Russia have to perform a balancing act of pushing up oil prices to meet their budget needs while not driving them much above $50 a barrel to avoid encouraging a resurgence of rival U.S. shale production.

It was not immediately clear whether Saudi Arabia, the United Arab Emirates and Kuwait would extend beyond June their additional, voluntary cuts of 1.18 million bpd, which are not part of the deal.

BULGING INVENTORIES

The April deal was agreed under pressure from U.S. President Donald Trump, who wants to avoid U.S. oil industry bankruptcies.

Trump, who previously threatened to pull U.S. troops out of Saudi Arabia if Riyadh did not act, spoke to the Russian and Saudi leaders before Saturday’s talks, saying he was happy with the price recovery.

While oil prices have partially recovered, they are still well below the costs of most U.S. shale producers. Shutdowns, layoffs and cost cutting continue across the United States.

“I applaud OPEC-plus for reaching an important agreement today which comes at a pivotal time as oil demand continues to recover and economies reopen around the world,” U.S. Energy Secretary Dan Brouillette wrote on Twitter after the extension.

As global lockdowns ease, oil demand is expected to exceed supply sometime in July but OPEC has yet to clear 1 billion barrels of excess oil inventories accumulated since March.

Rystad’s Tonhaugen said Saturday’s decisions would help OPEC reduce inventories at a rate of 3 million to 4 million bpd in July-August. “The quicker stocks fall, the higher prices will get,” he said.

Nigeria’s petroleum ministry said Abuja backed the idea of compensating for its excessive output in May and June.

Iraq, with one of the worst compliance rates in May, agreed to extra cuts although it was not clear how Baghdad would reach agreement with oil majors on curbing Iraqi output.

Iraq produced 520,000 bpd above its quota in May, while overproduction by Nigeria was 120,000 bpd, Angola’s was 130,000 bpd, Kazakhstan’s was 180,000 bpd and Russia’s was 100,000 bpd, OPEC+ data showed.

OPEC+’s joint ministerial monitoring committee, known as the JMMC, will meet monthly until December to review the market, compliance and recommend levels of cuts. JMMC’s next meeting is scheduled for June 18.

OPEC and OPEC+ will hold their next scheduled meetings on Nov. 30-Dec. 1.

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