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South Korea Highway Construction Project Collapse Claims At Least Four Lives

At least four people died and six were injured on Tuesday after a collapse at a highway construction site in an area south of the South Korean capital, Seoul. Acting President Choi Sang-mok called to mobilise all available personnel and resources to rescue any missing people and to ensure safety measures to prevent further damage. The National Fire Agency has mobilised three helicopters and nearly 150 officials for the search and rescue operation.

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South Korean Police Prepare for 'Worst-Case Scenarios' Ahead of Yoon Impeachment Ruling Δ1.77

The Constitutional Court's decision on President Yoon Suk Yeol's impeachment is expected to spark significant unrest, with authorities preparing for the worst. As tensions rise, police are taking extraordinary measures to ensure public safety, including closing subway stations and schools near the court. The National Police Agency has set up plans considering the most extreme scenarios, which could lead to violent clashes between supporters and opponents.

South Korea Air Force Jet Accidentally Drops Bombs on Homes, Injuring Eight Δ1.76

Eight people were injured when bombs dropped by a South Korean Air Force jet landed in a civilian district during military exercises in Pocheon, causing damage to houses and a church. The incident occurred as part of joint live-fire drills with U.S. forces, which have long faced local protests regarding safety and disturbances. The Air Force has expressed regret over the accident while emphasizing the need for heightened military readiness amid regional tensions.

North Korea Fires First Ballistic Missiles Since Trump’s Return Δ1.74

North Korea has fired multiple ballistic missiles off its west coast, marking the first such launch since Donald Trump's return to power, as Pyongyang shows no signs of holding back from its missile testing amid heightened tensions with Washington and Seoul. The launch comes amid ongoing diplomatic uncertainty in South Korea, following President Yoon Suk Yeol's brief imposition of martial law in December and his subsequent impeachment. The projectiles were likely close-range ballistic missiles, launched from the Hwanghae Province in North Korea's west.

South Korea's President Yoon Free, Trials Continue After Court Quashes Detention Δ1.74

Yoon Suk Yeol walked out of a detention centre on Saturday after prosecutors decided not to appeal a court decision to cancel the impeached leader's arrest warrant on insurrection charges. The Seoul Central District Court cancelled Yoon's arrest warrant on Friday, citing the timing of his indictment and questions about the legality of the investigation process. Yoon remains suspended from his duties, and his criminal and impeachment trials continue over his short-lived imposition of martial law.

South Korea Prosecutors to Pursue Yoon's Conviction Despite Jail Release Δ1.73

South Korean prosecutors are determined to continue pursuing the conviction of President Yoon Suk Yeol for insurrection, despite a court ruling that ordered his release from prison. Prosecutor General Shim Woo-jung indicated that the prosecution would argue against the court's decision on the legality of Yoon's detention, asserting that the indictment remains valid. The political implications of Yoon's case are profound, as his potential removal from office could trigger a new presidential election within 60 days.

Bolivia Bus Crash Claims At Least 31 Lives. Δ1.73

A truck traveling on a highway in southern Bolivia collided with a bus early on Monday morning, forcing the bus off the road and killing at least 31 people, police said. First responders worked to reach the site of the accident, where they found a destroyed bus that had rolled down a ravine after the collision. The driver of the truck has been arrested, while the cause of the accident is currently under investigation.

North Korea Fires Missiles After Slamming US-South Korea Drills Δ1.72

The South Korean and U.S. militaries are set to launch annual joint exercises, Freedom Shield, despite North Korea's condemnation of the drills as a "dangerous provocative act". The missile launch by North Korea on Monday is believed to be the first reported ballistic missile test since President Donald Trump took office in January. The incident highlights the ongoing tensions between the two countries over their military activities.

South Sudan Detains Oil Minister and Military Officials in Threat to Peace Deal Δ1.72

The detentions of the petroleum minister and senior military officials follow intense fighting in Nasir, a strategic northern town, jeopardizing a peace deal that ended a five-year civil war. South Sudanese forces have deployed troops around Machar's residence, despite his ability to travel to his office on Wednesday morning. The arrests are likely to further destabilize the fragile peace that has maintained a delicate balance among competing armed leaders since 2018.

Serbians Hold Silent Protest over Railway Station Victims Δ1.72

Thousands of Serbians stood in silence for 15 minutes in the southern city of Nis on Saturday to commemorate those killed in a railway station disaster, as students and opposition supporters pressed their demands for justice and an anti-corruption crackdown. The protests, which began with student blockades in December, have grown into a major challenge to President Aleksandar Vucic's grip on power. As the government launches an anti-corruption campaign, demonstrators continue to demand publication of documents related to the station roof collapse and increased funding for education.

South Sudan Situation Deteriorating at Alarming Pace, UN Rights Body Says Δ1.72

The United Nations Commission on Human Rights in South Sudan has expressed grave concerns over the escalating violence and political tensions in the country, which threaten to undermine the fragile peace process. Increased arrests of officials allied to Vice President Riek Machar have raised fears about the stability of a 2018 peace deal that ended a devastating civil war. The situation is now witnessing an alarming regression that could erase years of hard-won progress.

Leveraged Tech ETFs Plunge to Wreck Koreans’ $6.7 Billion Stake Δ1.71

A sudden swoon in US tech stocks has sent shockwaves through South Korea's retail investors, who have placed billions of dollars of leveraged bets on the cohort. Many Korean investors had taken on significant risk to ride the US stock rally, but the recent downturn has left them vulnerable to hefty losses. The country's regulators are now stepping in to tighten scrutiny and assess measures to curb investment in leveraged exchange-traded products.

Musk's SpaceX Starship Explosion Disrupts 240 Flights Δ1.71

The U.S. FAA reported that a recent explosion of a SpaceX Starship spacecraft disrupted approximately 240 flights, with space debris concerns requiring more than two dozen planes to divert. The incident resulted in significant delays and diversion of aircraft, highlighting the risks associated with space exploration. The FAA issued ground stops for four Florida airports and required SpaceX to perform a mishap investigation into the loss of the Starship vehicle.

Rescue Operation Ends with Helicopter Airlift Saves 71-Year-Old Woman Δ1.71

A US Coast Guard rescue swimmer was lowered to pull the woman as high waters rose around the car. A helicopter was used to lower the swimmer towards the car and hoist the woman to safety. The rescue operation was complicated by the hazardous location of the vehicle, which was stuck on a rock ledge in the middle of the McKenzie River.

FAA Steps Up Scrutiny of Small Planes After Near-Miss Incident Δ1.71

The Federal Aviation Administration is taking steps to address safety issues involving general aviation and business jets after a serious near-miss incident in Chicago, where a Southwest Airlines plane was forced to abort a landing due to the unauthorized presence of a business jet on the runway. The FAA's actions come amid a series of troubling incidents that have raised concerns about U.S. aviation safety and the strain on understaffed air traffic control operations. By implementing new measures to remind pilots of their responsibilities, the FAA aims to prevent future close calls and ensure the collective effort required for safety.

Greek Government Faces No-Confidence Vote Over Deadly 2023 Train Crash Δ1.71

The Greek government faces a no-confidence vote this week over a deadly 2023 train disaster, days after protests brought the country to a standstill to press their demands for political accountability. Hundreds of thousands of people took to the streets on Friday to mark the second anniversary of the country's worst rail crash, demanding justice for the victims. Fifty-seven people, most of them students, were killed in the disaster.

Elon Musk Dealt Second Major Blow as Another Disaster Strikes Δ1.70

Elon Musk's week has been marred by multiple setbacks, including slumping European sales for Tesla and a failed test flight of SpaceX's Starship rocket. The electric vehicle market is becoming increasingly competitive, with Musk's company struggling to maintain its dominant position. The recent disaster has raised concerns about the safety and reliability of SpaceX's technology.

HD Hyundai Executive Vice Chairman Chung Kisun Visited the US Naval Academy Δ1.70

Chung Kisun's visit to the US Naval Academy marks a significant strengthening of ties between South Korea and the United States in the maritime industry, as he emphasized the need for collaborative innovation and cooperation. The CEO has a long history of supporting military personnel and initiatives, demonstrating his commitment to national security and global stability. HD Hyundai's technological advancements in AI-based autonomous navigation and advanced digital vessels are poised to contribute significantly to these efforts.

Israeli Fire Kills Palestinians in Gaza Amid Impasse Over Ceasefire Δ1.70

Israeli fire killed at least two people and injured three others in Rafah and Khan Younis in the south of Gaza, raising fears among Palestinians that the ceasefire could collapse altogether after Israel imposed a total blockade on the shattered enclave. Hamas says an agreed second phase must now begin, leading to a permanent Israeli withdrawal and an end to the war. The mediators and guarantors bear full responsibility for preventing (Israeli Prime Minister) Netanyahu from sabotaging all efforts made to reach the agreement and for protecting the agreement from collapsing.

South Korea Exports Barely Grow in February as Trump's Tariffs Weigh Δ1.70

South Korea's exports saw minimal growth in February, registering a 1.0% increase year-on-year, which fell short of the anticipated 3.8% rise, primarily due to weakened demand amid the ongoing trade tensions initiated by U.S. tariffs. Shipments to China, South Korea's largest market, declined by 1.4%, while exports to the United States slightly increased by 1.0%, highlighting the varying impacts of tariffs on different trading partners. The overall economic landscape reflects the challenges faced by South Korea as it navigates through the complexities of international trade dynamics influenced by U.S. policies.

South Korea Seeks to Resolve Any 'Misunderstanding' With US About Tariff Rates Δ1.70

South Korea's acting president has ordered authorities to actively communicate with the U.S. administration to resolve any misunderstanding over tariffs, following a recent criticism from U.S. President Donald Trump that South Korea applies high tariffs. The effective tariff rate on U.S. imports stands at 0.79% as of 2024, according to Seoul's trade ministry. The government will also review non-tariff measures in the consultations with the U.S.

South Korea's Industry Minister Seeks Tariff Exemption Under Trump Δ1.69

South Korea aims to ensure interests of its firms are safeguarded as the country seeks a tariff exemption in talks with the US administration. Seoul’s industry minister requested exemptions from the administration of US President Donald Trump amid plans to impose new tariffs on steel and aluminium globally, including on South Korea. The US-Korea Free Trade Agreement allows most goods to be traded without tariffs, but concerns are growing about the impact of these measures.

Tesla’s China Sales Slump Adds to Worrying Global Slowdown Δ1.69

Tesla's struggling sales in China have deepened concerns about a slowing global economy at a time when CEO Elon Musk is increasingly distracted by politics. The company's shipments plunged 49% in February from a year earlier to 30,688 vehicles, according to preliminary data from China's Passenger Car Association. This decline compounds a slow start in China after Tesla delivered 63,238 vehicles from its Shanghai factory in January.

Starship Program Hits Another Speed Bump with Second Consecutive Failure Δ1.69

The Starship program has encountered its second consecutive failure, with a recent test flight ending in a controlled crash after experiencing engine shutdowns and loss of communication. Engineers had made changes to the vehicle's systems prior to the flight, but these modifications did not seem to address the underlying issues that led to the first failure on January 16. The cause of the second failure remains unclear, with SpaceX attributing it to an "energetic event" in the aft portion of the Starship.

Drone Strikes Apartment Building in Ukraine's Kharkiv, Injures Seven, Mayor Says Δ1.69

A Russian drone struck a multi-storey apartment building late on Sunday in Ukraine's second largest city, Kharkiv, triggering a fire and injuring eight people, the city's mayor said. The incident is the latest in a series of air attacks on residential areas in Kharkiv, which has resisted capture since the start of Russia's invasion of Ukraine in February 2022. The attack on the apartment building damaged three other nearby buildings and shattered over 100 windows.

Russian Missile Attack on Ukrainian Hotel Leaves Trail of Destruction and Devastation Δ1.69

A Russian missile attack on a hotel in Ukraine's central city of Kryvyi Rih has left two people dead and 29 injured, many seriously hurt. Emergency personnel worked through the night to rescue those trapped under rubble, with 14 people rescued from the debris. The hotel suffered heavy damage, with smoke billowing from the top floor and virtually all its windows blown out.