logo
South Korea's Lee declares disaster zones after floods

South Korea's Lee declares disaster zones after floods

Yahoo2 days ago
South Korea's Lee declares disaster zones after floods
SEOUL (Reuters) -South Korea's President Lee Jae Myung declared six districts as special disaster zones on Tuesday after days of torrential rains left a trail of destruction in parts of the country.
The wet weather has now subsided, though media reports said heavy rainfall was drenching parts of North Korea.
Around 19 people have died and nine were still missing in South Korea as of Tuesday morning, while 2,549 people were still displaced, the Ministry of the Interior and Safety said.
Around 3,776 facilities, including homes, shops and factories, needing to be cleared of water, debris and earth, the ministry added.
President Lee's declaration of special disaster zones - including in Gapeyeong on the outskirts of Seoul - gave authorities access to emergency administrative and financial support to aid victims.
He earlier told public officials to "spare no effort" in the search for missing people.
The president's approval rating slipped to 62.2% from 64.6% in a survey conducted last week during the rains, according to pollster Realmeter.
Solve the daily Crossword
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Trump threatens to escalate trade war with new round of tariffs up to 50%
Trump threatens to escalate trade war with new round of tariffs up to 50%

New York Post

time24 minutes ago

  • New York Post

Trump threatens to escalate trade war with new round of tariffs up to 50%

President Donald Trump said he will impose tariffs ranging from a minimum rate of 15% to a clip as high as 50% as his Aug. 1 deadline looms. 'We'll have a straight, simple tariff of anywhere between 15% and 50%,' Trump said Wednesday at an artificial intelligence summit in Washington, DC. Trump's latest tariff salvo was aimed at countries that have not yet secured bilateral trade frameworks with Washington. Advertisement 4 President Donald Trump said Wednesday that his administration is preparing to impose a new round of tariffs ranging from a minimum rate of 15% to a clip as high as 50%. REUTERS While some nations are actively negotiating to lower their rates, Trump emphasized that he intends to apply a 'very, very simple tariff for some of the countries,' citing the logistical challenge of negotiating individual deals with over 150 nations. 'You can't negotiate deals with everyone,' Trump said. Advertisement He added that negotiations with the European Union were 'serious' and tied potential reductions in tariffs to increased access for American businesses. 'If they agree to open up the (EU) to American businesses, then we will let them pay a lower tariff,' Trump said. The markets were mixed Thursday, with the Dow Jones Industrial Average falling 164 points, or 0.36%, to 44,846.29 as of noon. The S&P 500 rose 13.68 points, or 0.22%, to 6,372.59, while the Nasdaq gained 43.05 points, or 0.21%, to reach 21,063.06. Advertisement 4 Trump laid out his latest tariff plans, describing them as 'reciprocal' duties ahead of an Aug. 1 deadline. Getty Images Trump's comments mark a shift from statements when he initially proposed a universal tariff of 10% on nearly every country during his 'Liberation Day' rollout in April. While his team has previously floated rates between 10% and 15%, Wednesday's remarks indicate that the baseline is now expected to begin at 15%, with significantly higher rates for countries with strained relations with the US. Commerce Secretary Howard Lutnick said Sunday that smaller nations — including 'the Latin American countries, the Caribbean countries, many countries in Africa' — would face a baseline tariff of 10%. Advertisement Despite initial expressions of interest in formal trade agreements, Trump has recently suggested that the letters themselves constitute a form of dealmaking. Still, countries may reduce their rates through side agreements. 4 Trump's tariff initiative, which he began rolling out in April, is aimed at countries that have not yet secured bilateral trade frameworks with Washington. REUTERS On Tuesday, the White House announced that Trump had agreed to reduce a proposed 25% tariff on Japan to 15%. The reduction was made in exchange for Japan lifting certain restrictions on US products and pledging $550 billion in US investments. A similar deal is reportedly under discussion with South Korea, according to people familiar with the matter. That country is also working toward securing a 15% tariff rate, including on automobiles. In Southeast Asia, the Philippines is also seeking to lower its rate. According to the country's ambassador to the US, Jose Manuel Romualdez, the Philippines hopes to bring down its current tariff rate from 19% to 15%. Vietnam, another country weighing its options, is assessing the possible consequences of not securing a trade agreement. An internal Vietnamese government estimate projects that its exports to the US could fall by as much as one-third if higher tariffs take effect. 4 An aerial view of a container shipped docked at the Port of Oakland on May 20. Getty Images Advertisement India and members of the European Union are also pushing for trade agreements before the new tariffs are enacted. As the deadline nears, multiple governments are working to either strike a deal or gauge the economic impact of the proposed levies. Trump's increasingly firm stance on tariffs suggests a broader strategy to use trade policy as a lever for international concessions. With the Aug. 1 implementation date fast approaching, the administration is signaling that countries will either accept the new terms or negotiate quickly to avoid higher costs.

Nvidia AI chips worth $1B smuggled into China after Trump imposed US export controls: report
Nvidia AI chips worth $1B smuggled into China after Trump imposed US export controls: report

New York Post

time24 minutes ago

  • New York Post

Nvidia AI chips worth $1B smuggled into China after Trump imposed US export controls: report

At least $1 billion in Nvidia computer chips were smuggled into China in the three-months span after President Trump imposed export controls on the cutting-edge chips, according to a bombshell report Thursday. Nvidia's powerful B200 chip – favored by US tech giants like OpenAI and Google to power their artificial intelligence models – are banned for sale to China due to government rules limiting shipments for chips that exceed certain performance thresholds. However, the chip was still being sold in May by Chinese suppliers to data center operators that support China-based tech firms, the Financial Times reported, citing an analysis of sales contracts, company filings and interviews with sources with direct knowledge of the deals. Advertisement 3 Nvidia's most powerful chips are banned for sale to China. REUTERS 'Export controls will not prevent the most advanced Nvidia products from entering China,' a Chinese data center operator told the FT. 'What it creates is just inefficiency and huge profits for the risk-taking middle men.' In May, the Trump administration had banned Nvidia from selling less-powerful H20 chips that were specifically built by the company to adhere to previous export controls imposed on their more powerful chips during the Biden administration. Advertisement However, Nvidia boss Jensen Huang revealed last week that Trump had reversed course and would allow H20 chips to be sold in China. Critics have argued that China-based companies were circumventing the export controls to acquire Nvidia's hardware. That speculation surged earlier this year after reports that China-based AI firm DeepSeek had a greater supply of Nvidia chips than it publicly admitted. 3 Nvidia CEO Jensen Huang recently revealed that Trump had lifted restrictions on H20 sales to China. Getty Images The FT said it reviewed evidence that Chinese distributors in the Guangdong, Zhejiang and Anhui provinces had sold Nvidia's B200 and other restricted chips such as the H100 and H200. Advertisement The FT said there was no evidence that Nvidia had any involvement or knowledge of illicit chip sales to Chinese entities. The company has long said that it complies with all US laws on chip technology. 3 Nvidia CEO Jensen Huang is pictured. REUTERS 'Trying to cobble together data centers from smuggled products is a losing proposition, both technically and economically,' Nvidia said in a statement. 'Data centers require service and support, which we provide only to authorized Nvidia products.' Advertisement Last month, the chip supplier became the first public company in history to surpass a $4 trillion market valuation.

Israel issues Thailand, Cambodia travel warning amid violent clashes
Israel issues Thailand, Cambodia travel warning amid violent clashes

New York Post

time24 minutes ago

  • New York Post

Israel issues Thailand, Cambodia travel warning amid violent clashes

The Israeli Foreign Ministry issued a statement on Thursday recommending that Israeli nationals 'avoid entering or staying in the border area' between Thailand and Cambodia in light of the cross-border fighting that erupted between the two countries the previous night. The ministry emphasized 'the northeastern provinces of Thailand and the northwestern provinces of Cambodia' in particular as places to avoid. Thailand is a popular destination for Israelis, with hundreds of thousands of citizens estimated to travel there annually. 7 The Israeli Foreign Ministry issued a statement, recommending that Israeli nationals 'avoid entering or staying in the border area' between Thailand and Cambodia in light of the cross-border fighting. via REUTERS Clashes broke out on Thursday morning near the Khmer Hindu temple Ta Muen Thom, after five Thai soldiers were wounded by mines the previous day, the Guardian reported. Bangkok, in response, shuttered its northeastern borders with Cambodia and expelled the Cambodian ambassador from the country. Thailand's Health Minister Somsak Thepsuthin said that 11 civilians and one soldier had been killed by Cambodian artillery shelling since the start of the fighting, according to Reuters. The minister added that 24 civilians and seven military personnel had been wounded. 7 Thailand's Health Minister Somsak Thepsuthin said that 11 civilians and one soldier had been killed by Cambodian artillery shelling since the start of the fighting, according to Reuters. Courtesy of Facebook user Chatchak Ratsamikaeo/AFP via Getty Images 7 Cambodian soldiers reload the BM-21 multiple rocket launcher in Preah Vihear province on July 24, 2025, according to reports. AFP via Getty Images 'The Thai Army condemns Cambodia for using weapons to attack civilians in Thailand. Thailand is ready to protect sovereignty and our people from inhumane action,' the country's military said in a statement cited by Reuters. Cambodian troops had opened fire near the temple, and deployed a surveillance drone before sending in troops with heavy weapons, including rocket launchers, the Thai military said, per the Guardian. Cambodia denied those claims, with its Defense Ministry saying that 'Cambodian forces acted strictly within the bounds of self-defence, responding to an unprovoked incursion by Thai troops that violated our territorial integrity,' the report added. 7 Thai people who fled clashes between Thai and Cambodian soldiers take shelter in Surin province, northeastern Thailand, Thursday, July 24, 2025. AP 7 Thai people who fled clashes between Thai and Cambodian soldiers take shelter in Surin province, northeastern Thailand, Thursday, July 24, 2025. AP A two-country territorial dispute has put a damper on their relations for years, but diplomatic ties took a nosedive in May after a Cambodian soldier was killed during a confrontation in one of the areas under dispute, according to the Associated Press. The contesting claims derive largely from a 1907 map drawn under French colonial rule. 7 Clashes broke out on Thursday morning near the Khmer Hindu temple Ta Muen Thom, after five Thai soldiers were wounded by mines the previous day, according to reports. AFP via Getty Images 7 Firefighters work to extinguish fire at a convenience store at a gas station, amid the clashes between Thailand and Cambodia. via REUTERS Phnom Penh has been using the map as a reference to claim territory, while Bangkok has argued the map is inaccurate. Later on Thursday, Thailand said that F-16 fighter jets had attacked 'military targets' in Cambodia, AP reported. The Royal Thai Army stated that the fighting has expanded to six different points along the border.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store