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Search resuls for: "Opposition Democratic Party"


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SEOUL, South Korea — South Korean President Yoon Suk Yeol denied wrongdoing on Thursday in a burgeoning influence-peddling scandal involving him and his wife that is severely hurting his approval ratings and providing political munition to his rivals. The political firestorm coincides with South Korea facing a slew of critical foreign policy issues, such as Donald Trump’s election win to become the next president of the United States and North Korea’s reported entry into the Russia-Ukraine war. The opposition party alleges that the conversation proves Yoon provided Myung with political favors in return for free surveys. Lee, a firebrand lawmaker who narrowly lost to Yoon in the 2022 presidential election, is undergoing four separate trials over corruption and various other allegations. Yoon noted that North Korea’s arsenal has significantly advanced since Trump’s diplomacy with Kim collapsed in 2019.
Persons: Yoon Suk, Donald Trump’s, Yoon, Kim Keon Hee, Myung Tae, Myung, , ” Yoon, , Kim Young, Lee Jae, Lee, Yoon —, Shigeru Ishiba, Trump, Kim Jong, Kim, ” “, Biden Organizations: South, People Power Party, Democratic Party, firebrand, Trump, North Locations: SEOUL, South Korea, United States, North, Russia, Ukraine, Washington, Tokyo, Seoul
People watch the first sunrise of the new year from a footbridge overlooking the city skyline in Seoul on January 1, 2024. The opposition Democratic Party (DP), which already dominates the 300-member legislature, has accused Yoon and his conservative People Power Party (PPP) of mismanaging the economy and failing to rein in inflation during their time in office. PPP leader Han Dong-hoon said a big win by the DP, whose leader is facing corruption charges, would create a crisis for the country. He warned against giving the opposition an unprecedented super majority of 200 seats, which would strip Yoon of his veto power. "I hope the two-party structure will be broken somehow, and politicians will carry out practical policies for ordinary people."
Persons: Yoon Suk Yeol, Yoon, Han Dong, hoon, Kim Ji, yun, Jung Cheol, Cho Kuk Organizations: South, Election, Democratic Party, People Power Party, DP Locations: Seoul
Seoul, South Korea CNN —North Korea test-fired a presumed intermediate-range ballistic missile on Tuesday, South Korean officials said, its latest military maneuver since leader Kim Jong Un’s New Year declaration that he was ending a policy seeking reconciliation with the South. Pyongyang’s shows of power included long-range artillery and multiple rocket launchers, which pose a threat to the South Korean capital Seoul and other key areas near the border. But Leif-Eric Easley, professor of international studies at Ewha Womans University in Seoul, said Tuesday’s suspected missile test by North Korea won’t have much effect on the vote. North Korean Foreign Minister Choe Son Hui last week quashed recent speculation that Kishida could meet with North Korea’s Kim. North Korea “will not allow any attempt of Japan to contact” Pyongyang, he said, according to KCNA.
Persons: Kim Jong, Yoon Suk Yeol, Kim, Yoon’s, Democratic Party –, Yoon, Leif, Eric Easley, ” Easley, Easley, Tuesday’s, Fumio Kishida, Joe Biden, Ferdinand Marcos Jr, Choe Son Hui, North Korea’s Kim, CNN’s Yoonjung Seo Organizations: South Korea CNN, North, South, Korean Central News Agency, CNN, Yoon’s People Power Party, Democratic Party, Ewha Womans University, Assembly, Korean, Philippine, North Korean Foreign, North Korea “ Locations: Seoul, South Korea, North Korea, Pyongyang, United States, North, Japan, Washington, China
South Korea’s 2024 Parliament Election: What to Know
  + stars: | 2024-03-28 | by ( Choe Sang-Hun | ) www.nytimes.com   time to read: +1 min
South Korea​ns go to the polls on April 10 to select a new 300-member National Assembly. Mr. Yoon won the presidential election in March 2022 by a razor-thin margin, and three months later, his People Power Party won the most big-city mayor and provincial governor races. But two major handicaps have hobbled his presidency: his party’s lack of control in the single-chamber Assembly and Mr. Yoon’s low approval ratings. Mr. Yoon will also see it as lending political legitimacy to his policy of aligning South Korea more closely with the United States. But if the opposition scores a decisive win, it will further weaken Mr. Yoon’s leadership and may turn him into an early lame duck, political analysts say.
Persons: Yoon Suk, Yoon Organizations: National Assembly, Democratic Party, People Power Party Locations: Korea, United States
How a Dior bag shook South Korean politics
  + stars: | 2024-02-09 | by ( Yoonjung Seo | Nectar Gan | ) edition.cnn.com   time to read: +15 min
Seoul, South Korea CNN —South Korean President Yoon Suk Yeol is months out from a crucial election seen as a barometer of his mid-term popularity, but surveys show he has a big problem – the latest scandal surrounding his wife. “But with the Dior bag, there is this powerful visual evidence.”South Korean President Yoon Suk Yeol and his wife, Kim Keon Hee, attend an Independence Movement Day event in Seoul on March 1, 2023. The channel also provided Choi with the wristwatch and the Dior bag, according to the pastor. By appearing to not reject the bag, Kim gave ammunition to critics who have long accused her of using her position for personal gain. In a Gallup Korea survey last month, 56% of respondents said Kim should apologize for allegedly receiving the Dior bag.
Persons: Yoon Suk Yeol, Kim Keon Hee, Yoon, Kim, Dior, , , Cho Hee, Jung Yeon, Choi Jae, Choi, Yoon Suk, ” Yoon, Shin Pyeong, , Cho, it’s, Hongik University Choi, Kim Yun, Park, hye, Patrick van Katwijk, Marie Antoinette, Han Dong, Han, he’d, Leon Neal, ” Kim, ” Kim Yun, Kyung Hee University “ She’s, Deutsch, Kim’s Organizations: South Korea CNN — South, CNN, Hongik University, , Getty, of, KBS, Kyung Hee University . South, Gallup Korea, Gallup, Power Party, Democratic Party, PPP, South, Kyung Hee University, Kookmin University, Deutsch Motors, BMW Locations: Seoul, South Korea, American, of Seoul, North Korea, Pyongyang, Netherlands, Gallup Korea, Bali , Indonesia, Korea
The MSI party grew from the ashes of Benito Mussolini’s National Fascist Party after it was dismantled at the end of World War II when the dictator was deposed and killed. Gotor and Rocca laid a wreath at a monument to the fallen activists, but left before the fascist salute was carried out, their offices told CNN. Nor are fascist memorabilia or gestures like the fascist salute illegal, something that critics say must change. A witness who lives on the street where the commemoration took place told CNN that it happens every year, including with the fascist salute. Berizzi said that “in this moment neo-fascist groups feel protected by Meloni’s silence, her ambiguity.
Persons: Rome, Giorgia Meloni, Franco Bigonzetti, Francesco Ciavatta, Stefano Recchioni, , , Benito Mussolini’s, Meloni, Francesco Rocca, Miguel Gotor, Gotor, Rocca, Elly Schlein, ” Schlein, Noemi Di Segna, Antonio Tajani –, Silvio Berlusconi –, Meloni wasn’t, ” Maria Calderone, ” Paolo Berizzi, Berizzi, Ewan MacPhee, ” MacPhee Organizations: Rome CNN, Italian, Acca, Italian Social Movement, MSI, Fascist Party, Democratic Party, CNN, , Union of Italian, Forza Italia, Facebook, La Repubblica, Italy’s, Operations, Social Democrats Locations: Rome, Italy, Lazio, , Italian, Germany, Europe, Ukraine, Strasbourg
South Korea's Yoon set to announce cabinet reshuffle -media
  + stars: | 2023-12-04 | by ( ) www.reuters.com   time to read: +2 min
South Korean President Yoon Suk-yeol gives a speech on the government budget at the National Assembly in Seoul, South Korea, 31 October 2023. JEON HEON-KYUN/Pool via REUTERS/File photo Acquire Licensing RightsSEOUL, Dec 4 (Reuters) - South Korean President Yoon Suk Yeol is likely to announce a major cabinet reshuffle as early as Monday, with as many as 10 ministers including the finance minister set to be replaced, Yonhap news agency reported. The financial regulator head could also be replaced, the Korea Economic Daily reported on Monday, also citing unidentified sources. Some cabinet members are widely expected to stand down to capitalise on their increased profile to run as political candidates. Yoon does not require parliamentary approval to appoint a finance minister, who also serves as deputy prime minister.
Persons: Yoon Suk, JEON HEON, Yonhap, Park, Choo Kyung, Choi Sang, Yoon, Hyunsu Yim, Cynthia Kim, Ed Davies, Christopher Cushing Organizations: South, National Assembly, Rights, Korea Economic, Foreign, Finance, Democratic Party of Korea, Thomson Locations: Seoul, South Korea, Rights SEOUL, Korea, Busan
South Korea's Yoon Set to Announce Cabinet Reshuffle -Media
  + stars: | 2023-12-03 | by ( Dec. | At P.M. | ) www.usnews.com   time to read: +1 min
SEOUL (Reuters) - South Korean President Yoon Suk Yeol is likely to announce a major cabinet reshuffle as early as Monday, with as many as 10 ministers including the finance minister set to be replaced, Yonhap news agency reported. The transport and labour ministers may also be changed, Yonhap said, citing unidentified sources. The financial regulator head could also be replaced, the Korea Economic Daily reported on Monday, also citing unidentified sources. Some cabinet members are widely expected to stand down to capitalise on their increased profile to run as political candidates. Yoon does not require parliamentary approval to appoint a finance minister, who also serves as deputy prime minister.
Persons: Yoon Suk, Yonhap, Park, Choo Kyung, Choi Sang, Yoon, Hyunsu Yim, Cynthia Kim, Ed Davies, Christopher Cushing Organizations: Korea Economic, Foreign, Finance, Democratic Party of Korea Locations: SEOUL, Korea, Busan
Italian Prime Minister Giorgia Meloni reacts during a meeting of European heads of state or government in Granada, Spain October 6, 2023. REUTERS/Juan Medina/File Photo Acquire Licensing RightsROME, Nov 3 (Reuters) - Italian Prime Minister Giorgia Meloni said on Friday that her chief diplomatic adviser had resigned, carrying the can for a prank call fiasco that led to the release of unfiltered remarks on Ukraine and migration. "This matter was not handled well, we are all sorry, Ambassador (Francesco) Talo took responsibility for it," Meloni said, announcing that her aide had quit. Meloni's office confirmed on Wednesday that she had a phone conversation with a Russian comedian who successfully posed as a high-ranking African Union official. Reporting by Angelo Amante and Alvise Armellini, editing by Keith WeirOur Standards: The Thomson Reuters Trust Principles.
Persons: Giorgia Meloni, Juan Medina, Francesco, Talo, Meloni, Angela Merkel, Recep Tayyip Erdogan, Britain's Prince Harry, Angelo Amante, Alvise, Keith Weir Organizations: Italian, REUTERS, Rights, NATO, African Union, Kyiv, Democratic Party, Lexus, Thomson Locations: Granada, Spain, Ukraine, Israel, Afghanistan, Pakistan, Russian, Italy, Russia, Kremlin
ROME, Oct 20 (Reuters) - Italian Prime Minister Giorgia Meloni said on Friday she had separated from her television journalist partner Andrea Giambruno, who has drawn criticism in recent weeks for sexist comments. Meloni told reporters last month she should not be judged over Giambruno's remarks and in future would not answer questions about his behaviour. The split comes as the 46-year-old prime minister celebrates her first year in office at the head of a right-wing coalition government that has defended the traditional family as one of its policy hallmarks. "My relationship with Andrea Giambruno, which lasted almost 10 years, ends here," Meloni wrote on her social media accounts. The TV journalist had been widely criticised in August for comments interpreted by many as victim-blaming, following a gang rape case.
Persons: Giorgia Meloni, Andrea Giambruno, Meloni, Giambruno, Mediaset, Silvio Berlusconi, Marco Furfaro, Gavin Jones, Deborah Kyvrikosaios Organizations: Italian, Democratic Party, Thomson
“Perhaps we should start passing this message across and be a little more protective, in terms of vocabulary and language,” he added. We don’t know what to do with a woman in government who penalizes women,” the Democratic Women caucus said in a statement to CNN. Instead, Meloni has focused on her own family, which is increasingly prominent in party politics. Giorgia Meloni and Francesco Lollobrigida talk during the election of the new President of the Chamber of Deputies, on October 14, 2022 in Rome, Italy. Meloni’s party won the September 22 elections last year with nearly 26% of the vote.
Persons: Rome, Giorgia Meloni, ” Meloni, Andrea Giambruno, , you’d, Giorgia, Ivan Romano, Giambruno, don’t, ’ ”, Ginevra, Joe Biden, Meloni, Pope Francis, , “ Donna Moderna ”, assertively, ” Giorgia Meloni, Gian Mattia D'Alberto, Rosa, , Elly Shlein, Donna, Francesco Lollobridgida, Arianna, Meloni’s, Massimo Milani, Francesco Lollobrigida, Alessandra Benedetti, Corbis, Giovanni Montuori, Giovanni, Silvio Berlusconi Organizations: Rome CNN, Italy’s, Democratic, Democratic Women, CNN, Brothers Locations: Caivano, “ Italy, Italian, Sicilian, Palermo, United States, Italy, Rome, Rome’s Garbatella
Conservative President Yoon Suk Yeol's government has come under criticism as it defended the position that its own assessment found no problems with the scientific and technical aspects of Japan's plan. Democratic Party members and Foreign Minister Park Jin clashed in parliament over the possibility of direct impact to South Korea. [1/5]A woman holds up a placard during a protest against Japan's plan to release treated wastewater from the Fukushima nuclear power plant into the ocean, in central Seoul, South Korea, August 22, 2023. REUTERS/Kim Hong-Ji Acquire Licensing RightsJapan has said that the water release is safe. South Korea said it accepted IAEA's conclusion.
Persons: Japan's, Yoon Suk, Yoon, Lee Jae, myung, Park Jin, Kim Hong, Lee, Jack Kim, Gerry Doyle Organizations: Democratic Party, pollster Media Research, South, Foreign, REUTERS, Japan, International Atomic Energy Agency, IAEA, assailing, Korea Federation, Environmental, Fisheries, Thomson Locations: SEOUL, South Korea, Japan, Korea's, Seoul, Korea, China, assailing Tokyo, Pacific
An aerial view shows the storage tanks for treated water at the tsunami-crippled Fukushima Daiichi nuclear power plant in Okuma town, Fukushima prefecture, Japan August 22, 2023, in this photo taken by Kyodo. Mandatory credit Kyodo via REUTERS Acquire Licensing RightsSEOUL, Aug 22 (Reuters) - South Korea said on Tuesday it sees no problem with the scientific or technical aspects of Japan's plan to release water from the wrecked Fukushima nuclear power plant but it does not necessarily support the plan. "We have assessed that there are no scientific or technical problems with the plan to release the contaminated water," it said. "But we want to make clear that our government does not necessarily agree with or support the plan to release contaminated water," the statement said. The country's opposition Democratic Party, however, said on Tuesday that its "battle" to stop the release would continue, calling Japan's plan "selfish and irresponsible."
Persons: Yoon Suk Yeol, Jack Kim, Hyonhee, Christian Schmollinger Organizations: Kyodo, REUTERS Acquire, Rights, South, Democratic Party, Thomson Locations: Okuma, Fukushima prefecture, Japan, Rights SEOUL, South Korea, Seoul
At a busy intersection in Seoul this summer, a banner from the main opposition Democratic Party barked “No!” to Japan’s plan to dump treated radioactive water from its destroyed Fukushima nuclear power plant into the Pacific. ​Across the street, a placard from the governing People Power Party said the real threat was the opposition spreading conspiracy theories that would scare people away from seafood: “The Democratic Party is killing the livelihoods of our fishermen!”Japan’s imminent decision to release more than 1.3 million tons of ​treated water at Fukushima Daiichi, the power plant that was destroyed by an earthquake and tsunami in 2011, has raised alarms across the​ Pacific. But in South Korea, it has triggered a particularly raucous political debate, with the government of President Yoon Suk Yeol and its enemies slugging it out through banners, YouTube videos, news conferences and protests. ​What sets South Korea apart from other critics in the region is that its government has endorsed Japan’s discharge plan despite widespread public misgiving, only asking Japan to provide transparency to ensure the water is discharged properly. The authorities are running online advertisements and holding daily news briefings to dispel what they call fear-mongering by the opposition and to convince the people that the water will do no harm.
Persons: Democratic Party barked, Yoon Suk Organizations: Democratic Party, People Power Party Locations: Seoul, Fukushima, South Korea, Korea, Japan
A couple takes a selfie with the camping site for the 25th World Scout Jamboree in Buan, South Korea, August 4, 2023. REUTERS/Kim Hong-Ji/File PhotoSEOUL, Aug 11 (Reuters) - South Korea hosted a K-pop concert on Friday for thousands of teenage scouts, seeking to salvage national prestige as an ill-fated World Scout Jamboree hit by extreme weather and criticised for poor organisation draws to an end. Around 40,000 people gathered for the concert headlined by NewJeans and IVE at Seoul's World Cup stadium. K-pop agency HYBE and tech group Kakao said they were providing free merchandise for scouts attending Friday's concert. "It is the first time in over 100 years history of World Scout Jamborees to face such compounded challenges," Ahmad Alhendawi, Secretary General of the World Organization of the Scout Movement, said in a statement on Tuesday.
Persons: Kim Hong, NewJeans, Han Duck, Han, Kakao, Ahmad Alhendawi, 1,325.0700, Hyunsu Yim, Ed Davies, John Stonestreet Organizations: REUTERS, Democratic Party of, World Organization of, Scout Movement, Thomson Locations: Buan, South Korea, SEOUL, Saemangeum, South Korea's, Singapore, Seoul, North Jeolla Province, Democratic Party of Korea
[1/2] International Atomic Energy Agency (IAEA) chief Rafael Grossi and South Korea's main opposition Democratic Party lawmaker Wi Seong-gon attend their meeting at the National Assembly in Seoul, South Korea, July 9, 2023. Yonhap via REUTERS/File PhotoJuly 12 (Reuters) - More expert organizations should take part in reviewing Japan's plan to release Fukushima wastewater into the sea in addition to the U.N nuclear watchdog, South Korean opposition lawmakers said on Wednesday while visiting Japan. Democratic Party lawmaker Wi Seong-gon, who was among the group of lawmakers from the opposition parties, made the comment in a joint statement at a press conference in Tokyo. When asked about the South Korean government's position, Wi said Seoul needed to relay the voices of people who were concerned and opposed to the plan. "We are doing our best to persuade the government and this is why we are visiting Japan right now," Wi said.
Persons: Rafael Grossi, Wi, Yoo Suk Yeol, Hyunsu Yim, Ed Davies Organizations: Atomic Energy Agency, IAEA, Democratic Party, National Assembly, Yonhap, REUTERS, Democratic, International Atomic Energy Agency, Korean, Thomson Locations: Seoul, South Korea, Korean, Japan, Tokyo, South
SEOUL, July 9 (Reuters) - It is "absolutely logical" that Japan's plan to release treated radioactive water from its Fukushima nuclear plant is attracting great interest in the region, the head of the International Atomic Energy Agency (IAEA), Rafael Grossi, said on Sunday. Grossi met with South Korea's opposition Democratic Party members on Sunday who expressed strong public concerns over Japan's plan and criticized the IAEA's findings. "We deeply regret that the IAEA concluded Japan's plan to discharge contaminated water from the Fukushima nuclear power plant meets international standards," Wi Seong-gon, the committee chairman, told Grossi. Chinese foreign ministry spokesman Wang Wenbin on Wednesday criticised the move towards discharging the water and threatened action if the plan should move ahead. North Korea also criticised IAEA's backing of Japan's plan, calling it "unjust" and a demonstration of double standards, citing the U.N. nuclear watchdog's work to curb Pyongyang's nuclear programme.
Persons: Rafael Grossi, Grossi, Wang Wenbin, Jack Kim, Kim Coghill, Sonali Paul Organizations: International Atomic Energy Agency, IAEA, Democratic Party, Sunday, Security, Thomson Locations: SEOUL, Japan, South Korea, North Korea, Korea
No expert behind the IAEA's Fukushima report disagreed with the content, Grossi told news agency Yonhap on Saturday, hinting at his comment during an interview with Reuters one day earlier. Prior to that, Grossi said during a Friday press conference in Japan that he wanted to also meet with the opposition party in South Korea which has been critical of the discharge plan. South Korea's government said on Friday it respected the IAEA's report and that its own analysis had found the release will not have "any meaningful impact" on its waters. But the plan has stirred anger and concern among South Koreans, prompting some shoppers to buy up sea salt. Despite South Korea's assent for the plan, a ban on food and seafood products from the Fukushima region would remain in place.
Persons: Rafael Grossi, Grossi, Yonhap, Yoo Suk Yeol, Lee Jae, myung, Hyunsu Yim, Richard Chang, Kim Coghill Organizations: United Nations, South, International Atomic Energy Agency, IAEA, Reuters, Opposition Democratic Party, International Tribunal, Thomson Locations: SEOUL, South Korea, Japan, Seoul's, Tokyo, South, Fukushima
SEOUL, July 7 (Reuters) - South Korea's government said on Friday it respected the U.N. nuclear energy watchdog's review of Japan's plan to discharge treated radioactive water from the tsunami-wrecked Fukushima plant into the ocean and said it met international standards. Seoul announced its own assessment after the International Atomic Energy Agency (IAEA) gave the greenlight this week to Japan's plan, despite concerns over safety in some neighbouring countries and signs of a consumer backlash. "Therefore the plan meets international standards including those of the IAEA," he said. The plan to discharge the treated water from the Fukushima plant is also expected to "not have any meaningful impact on our ocean areas," Bang said. The announcement comes as Rafael Grossi, director general of the IAEA, is due to arrive in South Korea on Friday for a three-day visit to explain the agency's findings after it approved Japan's plan this week.
Persons: Bang, Yoon Suk Yeol, Rafael Grossi, Jin, Hyunsu Yim, Choi, Ed Davies Organizations: Seoul, International Atomic Energy Agency, Coordination, IAEA, Democratic Party, South Korean Foreign, Thomson Locations: SEOUL, Japan, South Korea, Tokyo
Rome CNN —The key campaign promise that brought Giorgia Meloni and her far-right coalition to power in a landslide victory in last September’s election was a vow to do what no one else had done before: stop migrant boats using Italy as a gateway into Europe. On the campaign trail she promised to halt all migrant boats from landing on Italian shores, no matter who was on them and what drove them to risk their lives. Liberal European leaders stood to gain from the prospect of Meloni’s promise to stop the boats, and many hoped she could pull it off. He says to most Italians, the migrant crisis is still something they hear about, not something that impacts them directly. Meloni has taken tough action over migrant boats since taking power but faces fierce opposition.
SEOUL, March 16 (Reuters) - As South Korean President Yoon Suk Yeol landed in Tokyo on Thursday his plan to patch up relations with Japan faces lingering scepticism at home. Sixty-four percent of the respondents said South Korea did not need to rush to improve ties with Japan if there were no change in Tokyo's attitude, according to the poll. Yoon is the latest of many South Korean conservatives who embrace the argument that Seoul must heal divides with Japan to confront security challenges. Boycotts of Japanese products and vacations have largely faded in South Korea, and a growing number of South Koreans are travelling to Japan as COVID restrictions ease. Three Japanese animated films are among the top five at box office in South Korea.
[1/6] South Korea's President Yoon Suk Yeol and his wife Kim Keon-hee arrive at Tokyo International Airport (Haneda Airport) in Tokyo, Japan March 16, 2023. Before Yoon's flight, North Korea fired a long-range ballistic missile, which landed in the sea between the Korean peninsula and Japan, emphasising both the urgency of regional security and the threat posed by North Korea. "There is an increasing need for (South) Korea and Japan to cooperate in this time," Yoon said in a written interview with international media on Wednesday, calling both North Korea's nuclear and missile threats and supply chain disruptions a "polycrisis". South Korea and Japan at the time agreed to exchange real-time intelligence on North Korea's missile launches, which experts say will help both countries better track potential threats. Tokyo worries that Russia's invasion of Ukraine has set a precedent that will encourage China to attack self-ruled Taiwan.
“We’ll introduce bold measures to help cut working hours during pregnancy or while raising children,” the minister, Lee Jung-sik, told a media briefing when asked whether the labour reform proposal will help tackle South Korea's fertility crisis. Critics of the measure, however, have said that the measures will hurt, not help, working mothers and other women. It would supersede a 2018 law that limited the work week to 52 hours - 40 hours of regular work plus 12 hours of overtime. "It will make it legal to work from 9 a.m. to midnight for five days in a row. There is no regard for workers' health and rest," the Korean Confederation of Trade Unions said in a statement.
Under the plan, South Korea would compensate former forced labourers through an existing public foundation funded by private-sector companies, South Korea's Foreign Minister Park Jin told a briefing. SOUTH KOREAN FUNDSRelations plunged to their lowest point in decades after South Korea's Supreme Court in 2018 ordered Japanese firms to pay reparations to former forced labourers. Overall there are fewer than 1,300 living victims of forced labour in South Korea, according to media estimates. The South Korean companies include KT&G (033780.KS), Korea Electric Power Corp (KEPCO) (015760.KS) and other companies that benefited from a 1965 treaty between South Korea and Japan. Asked whether Japanese companies would pitch in to compensate, Park said both Japanese and South Korean businesses were considering a plan to contribute.
SEOUL, Feb 16 (Reuters) - South Korean prosecutors on Thursday requested an arrest warrant for the head of the main opposition Democratic Party, Lee Jae-myung, in an investigation into development projects and bribery allegations. Lee, who was mayor of the city south of Seoul from 2010 to 2018, has denied any wrongdoing. The Democratic Party denounced prosecutors' move, calling it an "unprecedented act of violence to incapacitate the opposition party and eliminate the president's political enemy." Lee lost to President Yoon Suk-yeol, a former prosecutor-general, in the March presidential election by a margin of just 0.7%. ($1 = 1,281.3900 won)Reporting by Soo-hyang Choi and Hyonhee Shin; Editing by Simon Cameron-MooreOur Standards: The Thomson Reuters Trust Principles.
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