South Koreans vote for new president in wake of Yoon's ouster over martial law
SEOUL, South Korea — Millions of South Koreans are voting Tuesday for a new president in a snap election triggered by the ouster of Yoon Suk Yeol , a conservative who now faces an explosive trial on rebellion charges over his short-lived imposition of martial law in December.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Forbes
an hour ago
- Forbes
Trump Should Get The Hint That Xi Just Isn't That Into Him
China's President Xi Jinping (R) and U.S. President Donald Trump. BRENDAN SMIALOWSKIFRED DUFOUR/AFP via Getty Images Xi Jinping probably doesn't know whether to be flattered or aggrieved by Donald Trump's late-night rantings about the Chinese leader. Sounding more like a jilted ex than a head of state — or a force to reckon with in negotiations — the U.S. president complained Xi is proving 'extremely hard to make a deal with.' Trump, on social media, sounded sincere enough — as if it just dawned on him that Beijing might not be interested in a bilateral trade deal after all. All this raises almost too many questions to pose here. One: Doesn't Trump recall Xi giving him the talk-to-the-hand treatment the first go around from 2017 to 2021? Another: What about Xi's energy, circa 2025, makes Trump think Xi is anxious for another go? Trump, like any wistful ex, is keeping his options open. He prefaced his 2:17 a.m. Washington-time rant with 'I like President Xi of China, always have, and always will, but…' It's time that someone on Trump's staff had the courage to tell him that perhaps the most powerful Chinese leader in many decades just isn't into him and his trade tactics. On one level, Xi can be excused for lacking the bandwidth to deal with Trump World's chaos right now. Even before the Trump 2.0 era started on January 20, Asia's biggest economy was grappling with a massive property crisis that's generating deflation. Xi's Communist Party was already facing weak domestic demand and record youth unemployment. Back in November, when Team Xi assumed Kamala Harris would be the next president, Beijing was struggling to stop the national birthrate from falling. It was mulling ways to address a rapidly ageing population. It was devising bigger social safety nets to encourage China's 1.4 billion people to save less and spend more. Pre-Trump 2.0, Beijing was in the throes of trying to reduce several trillions of dollars of local government debt. Before the latest Trump tariffs, Xi's government was working to shift its growth model away from exports and runaway investment to domestic demand-led growth. It was working to reduce the dominance of inefficient state-owned enterprises. It was endeavoring to increase the use of the yuan in global trade and finance. Team Xi is also contending with a notable increase in in-person protests. Especially factory workers getting stiffed as export growth slows. Now, Trump's tariffs, volatility in the dollar and bedlam in the U.S. Treasury market are sending intensifying headwinds China's way. So, yes, a busy time to be the leader of a giant, unbalanced economy directly in the Trumpian crossfire. And the White House thinks now is a good time to drop everything and do a hasty bilateral trade deal? Trade agreements are wildly complicated affairs in the best of times, taking several months, even years. Hence, Xi's strategy of slow-walking the process, one that's worked so far. Delaying talks is all the more rational given the decent odds U.S. courts will ultimately rule against Trump's claim that presidents have tariff powers. Trump, of course, is desperate for a trade deal, any deal, to try to convince Americans that, see, the tariffs are working. His splashy signing ceremony with London doesn't count, since the U.S. has a trade surplus with the United Kingdom. Japan hasn't been as pliant as Trump seemed to expect. And new South Korean President Lee Jae-myung is more Seoul's answer to Bernie Sanders than a kindred spirit keen to work with Trump World. Europe isn't exactly fertile ground for a win. Why would Trump be threatening 50% tariffs on the EU if concessions were forthcoming from the 550-million-person market? The U.S. Trade Representative sending reminder letters to trading partners so they don't forget about the upcoming deadline for talks is telling in itself. If White House phones were ringing with good offers, such embarrassing letters wouldn't need to be sent. Also, if Trump really believed Xi is ready to make big concessions, why would his team risk a deal by going after Chinese students with a ban on visas? China, meanwhile, knows how news this week that it may place an order for hundreds of Airbus aircraft, not Boeing, will have Trump fuming. Little about the last couple of weeks suggests these two economic giants are about to sit down for nuts-and-bolts trade negotiations in good faith. Trump's late-night post might've been his way of reminding Xi that the two men were supposed to catch up via phone this week. They did indeed talk on Thursday. But it still seems like high time Trump took the hint that Xi just isn't that into his trade deal.
Associated Press
an hour ago
- Associated Press
Trump says he's 'disappointed' with Musk after he turned on the Republican tax bill
WASHINGTON (AP) — President Donald Trump said Thursday he's 'disappointed' with Elon Musk after his former backer and advisor lambasted the president's signature bill. Trump suggested the world's richest man misses being in the White House and has 'Trump derangement syndrome.' The Republican president reflected on his breakup with Musk in front of reporters in the Oval Office as Musk continued a storm of social media posts attacking Trump's 'Big Beautiful Bill' and warning it will increase the federal deficit.
Forbes
an hour ago
- Forbes
Dem Jocelyn Benson Lays Out Case For Victory In Michigan's Gov Race— A State Trump Flipped In 2024
Michigan's Secretary of State Jocelyn Benson joined "Forbes Newsroom" to discuss her campaign for governor of her state. Watch the full interview above.
