S Korea’s disgraced ex-president Yoon detained, again, over martial law

S Korea’s disgraced ex-president Yoon detained, again, over martial law
South Korea's former president Yoon Suk Yeol leaves the Seoul Central District Court in Seoul, South Korea. (AFP)
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S Korea’s disgraced ex-president Yoon detained, again, over martial law

S Korea’s disgraced ex-president Yoon detained, again, over martial law
  • The latest arrest warrant was issued over concerns that Yoon would “destroy evidence”

SEOUL: South Korea’s disgraced ex-president Yoon Suk Yeol was detained for a second time Thursday over his declaration of martial law and held in a solitary cell as investigators widened their insurrection probe.
Yoon plunged South Korea into a political crisis when he sought to subvert civilian rule on December 3 last year, sending armed soldiers to parliament in a bid to prevent lawmakers voting down his declaration of martial law.
He became South Korea’s first sitting president to be taken into custody when he was detained in a dawn raid in January, after he spent weeks resisting arrest, using his presidential security detail to head off investigators.
But he was released on procedural grounds in March, even as his trial on insurrection charges continued.
After Yoon’s impeachment was confirmed by the court in April, he again refused multiple summons from investigators, prompting them to seek his detention once more to ensure cooperation.
The latest arrest warrant was issued over concerns that Yoon would “destroy evidence” in the case, Nam Se-jin, a senior judge at Seoul’s Central District Court said.
Yoon is being held in a solitary cell which has only a fan and no air-conditioning, as a heat wave grips South Korea. According to the official schedule, he was offered a regulation breakfast including steamed potatoes and milk.
Investigators said Thursday that Yoon’s status as former president will be “duly considered” but otherwise he will be “treated like any other suspect.”
“Investigations during the detention period will focus on the warrant’s stated charges,” prosecutor Park Ji-young told reporters.
Yoon’s criminal trial also continued with a hearing Thursday, although he did not attend for the first time.

The former president, 64, attended a hearing over the new warrant on Wednesday that lasted about seven hours, during which he rejected all charges, before being taken to a holding center near Seoul where he awaited the court’s decision on whether to detain him again.
During his warrant hearing, the former president said he is now “fighting alone,” local media reported.
“The special counsel is now going after even my defense lawyers,” said Yoon during his hearing.
“One by one my lawyers are stepping away, and I may soon have to fight this alone.”
Once the warrant was issued early Thursday, Yoon was placed in a solitary cell at the facility, where he can be held for up to 20 days as prosecutors prepare to formally indict him including on additional charges.
“Once Yoon is indicted, he could remain detained for up to six months following indictment,” Yun Bok-nam, president of Lawyers for a Democratic Society, told AFP.
“Theoretically, immediate release is possible, but in this case, the special counsel has argued that the risk of evidence destruction remains high, and that the charges are already substantially supported.”

During the hearing, Yoon’s legal team criticized the detention request as unreasonable, stressing that Yoon has been ousted and “no longer holds any authority.”
Earlier this month, the special counsel questioned Yoon about his resistance during a failed arrest attempt in January, as well as accusations that he authorized drone flights to Pyongyang to help justify declaring martial law.
The former president also faces charges of falsifying official documents related to the martial law bid.
Yoon has defended his martial law decision as necessary to “root out” pro-North Korean and “anti-state” forces.
But the Constitutional Court, when ousting Yoon from office on April 4 in a unanimous decision, said his acts were a “betrayal of people’s trust” and “denial of the principles of democracy.”
South Korea’s current president, Lee Jae Myung, who won the June snap election, approved legislation launching sweeping special investigations into Yoon’s push for martial law and various criminal accusations tied to his administration and wife.


Britain and France try again to tackle English Channel migrant crossings

Updated 5 sec ago

Britain and France try again to tackle English Channel migrant crossings

Britain and France try again to tackle English Channel migrant crossings
LONDON: After the bonhomie and banquets of a formal state visit, Prime Minister Keir Starmer and President Emmanuel Macron are turning to a topic that has stymied successive British and French governments: how to stop migrants from crossing the English Channel in small boats.
At a UK-France summit on Thursday that caps Macron’s three-day stay, senior officials from the two countries will try to seal deals on economic growth, defense cooperation and – perhaps trickiest of all – unauthorized migration.
Macron and Starmer also will visit a military base and dial in to a planning meeting of the ” coalition of the willing, ” a UK- and France-backed plan for an international force to guarantee a future ceasefire in Ukraine.
During a meeting inside 10 Downing St. on Wednesday, the two leaders agreed that tackling small boat crossings “is a shared priority that requires shared solutions, including a new deterrent to break the business model” of people-smuggling gangs, Starmer’s office said.
It said they would aim for “concrete progress” on Thursday.
Channel crossings are a longstanding challenge
Britain receives fewer asylum-seekers than Mediterranean European countries, but sees thousands of very visible arrivals each year as migrants cross the 20-mile (32 kilometer) channel from northern France in small, overcrowded boats.
About 37,000 people were detected crossing the channel in 2024, and more than 20,000 made the crossing in the first six months of 2025, up by about 50 percent from the same period last year. Dozens of people have died trying to reach the English coast.
Britain and France agree the dangerous and unregulated crossings are a problem, but have long differed on how to address it.
The UK wants France to do more to stop boats leaving the beaches, and has paid the Paris government hundreds of millions of pounds (dollars, euros) to increase patrols and share intelligence in an attempt to disrupt the smuggling gangs.
“We share information to a much greater extent than was the case before,” Starmer told lawmakers in the House of Commons on Wednesday. “We’ve got a new specialist intelligence unit in Dunkirk and we’re the first government to persuade the French to review their laws and tactics on the north coast to take more effective action.”
Macron says Britain must address “pull factors” like the perception it is easy for unauthorized migrants to find work in the UK Many migrants also want to reach Britain because they have friends or family there, or because they speak English.
Solutions have proved elusive
As far back as 2001, the two countries were discussing ways to stop migrants stowing away on trains and trucks using the tunnel under the channel.
Over the following years, French authorities cleared out camps near Calais where thousands of migrants gathered before trying to reach Britain. Beefed up security sharply reduced the number of vehicle stowaways, but from about 2018 people-smugglers offered migrants a new route by sea.
“You see that pattern again and again, where smuggling gangs and migrants try to find new ways to cross from France to the UK,” said Mihnea Cuibus, a researcher at the University of Oxford’s Migration Observatory. “The authorities crack down on that, and then gradually you see migrants and gangs try to adapt to that. And it becomes a bit of a game of cat and mouse.”
Cooperation on stopping the boats stalled after Britain’s acrimonious split from the European Union in 2020, but in the past few years the countries have struck several agreements that saw the UK pay France to increase police and drone patrols of the coast.
Britain’s previous Conservative government came up with a contentious plan in 2022 to deport asylum-seekers arriving by boat to Rwanda. Critics called it unworkable and unethical, and it was scrapped by Starmer soon after he took office in July 2024.
Britain hopes for a returns deal with France
Starmer is staking success on closer cooperation with France and with countries further up the migrants’ routes from Africa and the Middle East.
British officials have been pushing for French police to intervene more forcefully to stop boats once they have left the shore, and welcomed the sight of officers slashing rubber dinghies with knives in recent days.
France is also considering a UK proposal for a “one-in, one-out” deal that would see France take back some migrants who reached Britain, in return for the UK accepting migrants seeking to join relatives in Britain.
Macron said the leaders would aim for “tangible results” on an issue that’s “a burden for our two countries.”
Cuibus said irregular cross-channel migration would likely always be a challenge, but that the measures being discussed by Britain and France could make an impact, “if they’re implemented in the right way.
“But that’s a big if,” he said.

EU chief von der Leyen faces no confidence vote

EU chief von der Leyen faces no confidence vote
Updated 15 min 46 sec ago

EU chief von der Leyen faces no confidence vote

EU chief von der Leyen faces no confidence vote
  • A major complaint is that von der Leyen’s center-right camp has increasingly teamed up with the far-right to further its agenda, most notably to roll back environmental rules

STRATSBOURG: EU chief Ursula von der Leyen faces a confidence vote Thursday that has little chance of succeeding but has exposed frictions between her backers and complaints about her leadership style.
European lawmakers will vote on the rare challenge pushed by a far-right faction against the European Commission president at around midday (1000 GMT) in Strasbourg.
Addressing parliament this week, von der Leyen dismissed the no-confidence motion as a conspiracy theory-laden attempt to divide Europe, dismissing its supporters as “anti-vaxxers” and Russian President Vladimir “Putin apologists.”
She urged lawmakers to renew confidence in her commission arguing it was critical for Europe to show unity in the face of an array of challenges, from US trade talks to Russia’s war in Ukraine.
The no-confidence motion was initiated by Romanian far-right lawmaker Gheorghe Piperea.
He accuses von der Leyen of a lack of transparency over text messages she sent to the head of the Pfizer pharmaceutical giant when negotiating Covid vaccines.
The commission’s failure to release the messages — the focus of multiple court cases — has given weight to critics who accuse its boss of centralized and opaque decision-making.
That is also a growing refrain from the commission chief’s traditional allies on the left and center, who have used the vote to air their grievances.


A major complaint is that von der Leyen’s center-right camp has increasingly teamed up with the far-right to further its agenda — most notably to roll back environmental rules.
Centrist leader Valerie Hayer told parliament this week that von der Leyen’s commission was “too centralized and sclerotic” before warning that “nothing can be taken for granted.”
“Pfizergate” aside, Romania’s Piperea accuses the commission of interfering in his country’s recent presidential election, in which pro-European Nicusor Dan narrowly beat EU critic and nationalist George Simion.
That vote came after Romania’s constitutional court scrapped an initial ballot over allegations of Russian interference and massive social media promotion of the far-right frontrunner, who was barred from standing again.
Piperea’s challenge is unlikely to succeed.
It has support from some groups on the left and part of the far right — including the party of Hungary’s nationalist Prime Minister Viktor Orban.
“Time to go,” Orban tweeted on Wednesday alongside a photo of von der Leyen.
But Piperea’s own group, the ECR, is split. Its largest faction, the party of Italian Prime Minister Giorgia Meloni, said it would back the EU chief.
The two largest groups in parliament, the center-right EPP and the center-left Socialists and Democrats, have also flatly rejected the challenge, which needs two-thirds of votes cast, representing a majority of all lawmakers to pass.


UK, France to enable ‘co-ordinated’ nuclear deterrent

UK, France to enable ‘co-ordinated’ nuclear deterrent
Updated 10 July 2025

UK, France to enable ‘co-ordinated’ nuclear deterrent

UK, France to enable ‘co-ordinated’ nuclear deterrent
  • Western Europe's two nuclear powers agree to “refresh” their defense ties
  • Vow to jointly respond to any “extreme threat to Europe”

LONDON: The UK and France will declare that the two nations’ nuclear deterrents, while independent, can be co-ordinated and that they will jointly respond to any “extreme threat to Europe,” both countries said Wednesday.
The declaration, to be signed Thursday, will state that the respective deterrents of both countries remain under national control “but can be co-ordinated, and that there is no extreme threat to Europe that would not prompt a response by both nations,” the UK’s Ministry of Defense (MoD) and the French presidency said in an overnight statement.
French President Emmanuel Macron will sign the agreement Thursday as he wraps up his three-day state visit to the UK with a bilateral summit, where the allies will “reboot” defense ties with a focus on joint missile development and nuclear co-operation.
France’s leader and UK Prime Minister Keir Starmer will co-host the London summit, with the two sides also expected to discuss maintaining support for Ukraine and curbing undocumented cross-Channel immigration.
Ahead of the gathering, which follows two days of varied events spanning pomp and politics, trade and culture, France and Britain announced their “defense relationship” will be “refreshed.”
It will see London and Paris order more Storm Shadow cruise missiles — long-range, air-launched weapons jointly developed by the two countries and called SCALP by the French — while stepping up work on a replacement system.
The missiles have been shipped to Ukraine in significant numbers in recent years to help Kyiv in its war with Russia.
The new partnerships herald a new “Entente Industrielle” making “defense an engine for growth,” said the MoD.
“As close partners and NATO allies, the UK and France have a deep history of defense collaboration and today’s agreements take our partnership to the next level,” Starmer said in the statement.
Starmer and Macron will also on Thursday dial into a meeting of the so-called “coalition of the willing” on Ukraine, a group of countries backing the embattled nation.
 


AI giant Nvidia becomes first company to reach $4 tn in value

AI giant Nvidia becomes first company to reach $4 tn in value
Updated 10 July 2025

AI giant Nvidia becomes first company to reach $4 tn in value

AI giant Nvidia becomes first company to reach $4 tn in value
  • Nvidia now has a market value greater than the GDP of France, Britain or India
  • The California chip company’s latest surge is helping drive a recovery in the broader stock market

NEW YORK: Nvidia became the first company to touch $4 trillion in market value on Wednesday, a new milestone in Wall Street’s bet that artificial intelligence will transform the economy.
Shortly after the stock market opened, Nvidia vaulted as high as $164.42, giving it a valuation above $4 trillion. The stock subsequently edged lower, ending just under the record threshold.
“The market has an incredible certainty that AI is the future,” said Steve Sosnick of Interactive Brokers. “Nvidia is certainly the company most positioned to benefit from that gold rush.”
Nvidia, led by electrical engineer Jensen Huang, now has a market value greater than the GDP of France, Britain or India, a testament to investor confidence that AI will spur a new era of robotics and automation.
The California chip company’s latest surge is helping drive a recovery in the broader stock market, as Nvidia itself outperforms major indices.
Part of this is due to relief that President Donald Trump has walked back his most draconian tariffs, which pummeled global markets in early April.
Even as Trump announced new tariff actions in recent days, US stocks have stayed at lofty levels, with the tech-centered Nasdaq ending at a fresh record on Wednesday.
“You’ve seen the markets walk us back from a worst-case scenario in terms of tariffs,” said Angelo Zino, technology analyst at CFRA Research.
While Nvidia still faces US export controls to China as well as broader tariff uncertainty, the company’s deal to build AI infrastructure in during a Trump state visit in May showed a potential upside in the US president’s trade policy.
“We’ve seen the administration using Nvidia chips as a bargaining chip,” Zino said.

Challenged by DeepSeek

Nvidia’s surge to $4 trillion marks a new benchmark in a fairly consistent rise over the last two years as AI enthusiasm has built.
In 2025 so far, the company’s shares have risen more than 21 percent, whereas the Nasdaq has gained 6.7 percent.
Taiwan-born Huang has wowed investors with a series of advances, including its core product: graphics processing units (GPUs), key to many of the generative AI programs behind autonomous driving, robotics and other cutting-edge domains.
The company has also unveiled its Blackwell next-generation technology allowing more super processing capacity. One of its advances is “real-time digital twins,” significantly speeding production development time in manufacturing, aerospace and myriad other sectors.
However, Nvidia’s winning streak was challenged early in 2025 when China-based DeepSeek shook up the world of generative AI with a low-cost, high-performance model that challenged the hegemony of OpenAI and other big-spending behemoths.
Nvidia’s lost some $600 billion in market valuation in a single session during this period.
Huang has welcomed DeepSeek’s presence, while arguing against US export constraints.

At the forefront of “AI agents”
In the most recent quarter, Nvidia reported earnings of nearly $19 billion despite a $4.5 billion hit from US export controls limiting sales of cutting-edge technology to China.
The first-quarter earnings period also revealed that momentum for AI remained strong. Many of the biggest tech companies — Microsoft, Google, Amazon and Meta — are jostling to come out on top in the multi-billion-dollar AI race.
A recent UBS survey of technology executives showed Nvidia widening its lead over rivals.
Zino said Nvidia’s latest surge reflected a fuller understanding of DeepSeek, which has ultimately stimulated investment in complex reasoning models but not threatened Nvidia’s business.
Nvidia is at the forefront of “AI agents,” the current focus in generative AI in which machines are able to reason and infer more than in the past, he said.
“Overall the demand landscape has improved for 2026 for these more complex reasoning models,” Zino said.
But the speedy growth of AI will also be a source of disruption.
Executives at Ford, JPMorgan Chase and Amazon are among those who have begun to say the “quiet part out loud,” according to a Wall Street Journal report recounting recent public acknowledgment of white-collar job loss due to AI.
Shares of Nvidia closed the day at $162.88, up 1.8 percent, finishing at just under $4 trillion in market value.
 

 

 

 


Trump promises West African leaders a pivot to trade as the region reels from sweeping aid cuts

Trump promises West African leaders a pivot to trade as the region reels from sweeping aid cuts
Updated 10 July 2025

Trump promises West African leaders a pivot to trade as the region reels from sweeping aid cuts

Trump promises West African leaders a pivot to trade as the region reels from sweeping aid cuts
  • Trump described the nations represented at the meeting as “all very vibrant places with very valuable land, great minerals, and great oil deposits, and wonderful people”
  • West African countries are among the hardest hit by the dissolution of USAID

WASHINGTON: President Donald Trump promised West African leaders a pivot from aid to trade during a White House meeting Wednesday as the region reels from the impact of sweeping US aid cuts.
Trump said he sees “great economic potential in Africa” as the leaders of Liberia, Senegal, Gabon, Mauritania and Guinea-Bissau boasted of their countries’ natural resources and heaped praise on the US president, including their thanks for his help in settling a long-running conflict between Rwanda and the Democratic Republic of Congo.
Trump described the nations represented at the meeting as “all very vibrant places with very valuable land, great minerals, and great oil deposits, and wonderful people” — a definite shift from his first term, when he used a vulgar term to describe African nations.
The meeting comes amid a shift in US global and domestic priorities under Trump’s leadership. Earlier this month, US authorities dissolved theUS Agency for International Development and said it was no longer following what they called “a charity-based foreign aid model” and instead would focus on partnerships with nations that show “both the ability and willingness to help themselves.”
The five nations whose leaders were meeting Trump represent a small fraction of US-Africa trade, but they possess untapped natural resources. Senegal and Mauritania are important transit and origin countries when it comes to migration and along with Guinea-Bissau are struggling to contain drug trafficking, both issues of concern for the Trump administration.
In their speeches, each African leader adopted a flattering tone to commend Trump for what they described as his peace efforts across the world and tried to outshine one another by listing the untapped natural resources their nations possess.
“We have a great deal of resources,” said Mohamed Ould Ghazouani, president of Mauritania, listing rare earths, as well as manganese, uranium and possibly lithium. “We have a lot of opportunities to offer in terms of investment.”
Last month, the US administration facilitated a peace deal between Rwanda and Congo to help end the decadeslong deadly fighting in eastern Congo, while enabling the US to gain access to critical minerals in the region. But analysts said it won’t end the fighting because the most prominent armed group said it does not apply to it.
During the meeting, Trump described trade as a diplomatic tool. Trade “seems to be a foundation” for him to settle disputes between countries, he said.
“You guys are going to fight, we’re not going to trade,” Trump said. “And we seem to be quite successful in doing that.”
He added, addressing the African leaders: “There is a lot of anger on your continent.”
As he spoke, the US administration continued sending out notifications to developing countries about higher tariff rates effective from August 1. The five Western African nations were not among them.
The portion of the lunch meeting that was open to the press didn’t touch much on the loss of aid, which critics say will result in millions of deaths.
“We have closed the USAID group to eliminate waste, fraud and abuse,” Trump said Wednesday. “And we’re working tirelessly to forge new economic opportunities involving both the United States and many African nations.”
West African countries are among the hardest hit by the dissolution of USAID. The US support in Liberia amounted to 2.6 percent of the country’s gross national income, the highest percentage anywhere in the world, according to the Center for Global Development.
Liberian President Joseph Nyuma Boakai in a statement “expressed optimism about the outcomes of the summit, reaffirming Liberia’s commitment to regional stability, democratic governance and inclusive economic growth.”
During the meeting, Trump reacted with visible surprise to Boakai’s English-speaking skills, which he praised. English is the official language of Liberia, which was established in the early 1800s with the aim of relocating freed African slaves and free-born Black citizens from the United States.
Gabon, Liberia, Mauritania and Senegal are among 36 countries that might be included in the possible expansion of Trump’s travel ban.
Experts said that the meeting highlighted the new transactional nature of the relationship between the US and Africa.
“We are likely to see a trend where African countries will seek to leverage resources such as critical minerals, or infrastructure such as ports, to attract US commercial entities in order to maintain favorable relations with the current US administration,” aid Beverly Ochieng, an analyst at Control Risks, a security consulting firm. “Each of the African leaders sought to leverage natural resources in exchange for US financial and security investments, and appeared to view the US intervention in the Democratic Republic of Congo as a model to further cooperation.”