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North Korean soldier crosses DMZ into the South

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North Korean soldier crosses DMZ into the South

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A North Korean soldier crossed the inter-Korean border on Tuesday, South Korean authorities said, amid a summer of heightened tensions on the peninsula and as the US and South Korea conduct joint military exercises.

The South Korean armed forces said they had “secured custody” of the soldier and that he had been handed over to the relevant authorities to establish his intentions. South Korean media reports described him as a staff sergeant in the North Korean army.

The risky crossing, which occurred at the easternmost point of the heavily fortified demilitarised zone, marked the second possible North Korean defection to the South this month, after a civilian crossed a maritime border off the west coast in the first week of August.

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The crossings come as tensions and rhetoric have escalated on the Korean peninsula this summer. Pyongyang has sent waves of waste-carrying balloons over the border in apparent retaliation against a leafleting campaign by human rights campaigners in South Korea.

The balloons have repeatedly disrupted South Korea’s busiest airport and one landed inside the South Korean president’s compound. Seoul responded last month by using loudspeakers to blast propaganda messages and K-pop into the North.

Last week, South Korea’s conservative President Yoon Suk Yeol told an event marking Korea’s independence from Japanese rule that “the freedom we enjoy must be extended to the frozen kingdom of the North, where people are deprived of freedom and suffer from poverty and starvation”.

“Only when a unified, free and democratic nation rightfully owned by the people is established across the entire Korean peninsula will we finally have complete liberation,” Yoon added, in remarks widely interpreted as a threat to pursue a renewed policy of unification through absorption of the North.

On Sunday, North Korea hit back by describing the latest US-South Korea military exercises as a “prelude to nuclear war”. The regime also accused the US of threatening to trigger a “third world war” by supporting Ukraine’s president Volodymyr Zelenskyy.

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North Korean leader Kim Jong Un has pursued closer economic and military ties with Russia and has backed Russian President Vladimir Putin’s war in Ukraine, including supplying munitions, in moves that have alarmed the US and its western allies.

Analysts noted that tensions on the peninsula worsened earlier this year after Kim renounced his country’s long-standing commitment to eventual unification, describing South Korea as his country’s “principal enemy” and saying its citizens should no longer be regarded as “fellow countrymen”.

North Korea has also worked with China to reinforce the country’s northern border, across which the majority of North Koreans seeking to claim citizenship in the South cross.

In the first half of the year, just 105 North Korean escapees arrived in South Korea. The majority were women who had already spent years in China, many of them victims of human trafficking networks. That figure compares with an average of 1,000 North Koreans arriving in the South each year before the coronavirus pandemic.

According to Ri Il Gyu, a former North Korean diplomat stationed in Cuba who defected to the South last year, Kim’s crackdown on the border and his abandonment of the goal of unification was a response to the desire of many North Koreans to move to or to join the South.

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“North Koreans long for and desire unification more than South Koreans,” he told South Korea’s conservative Chosun Ilbo newspaper last month.

“Whether they are executives or ordinary citizens, when they worry about the future of their children, they think that there has to be a better life, and the only answer is unification.”

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Video: Fires Continue to Burn One Week Later in California

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Video: Fires Continue to Burn One Week Later in California

new video loaded: Fires Continue to Burn One Week Later in California

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Fires Continue to Burn One Week Later in California

The Palisades and Eaton fires, ravaging Los Angeles for more than a week, remain mostly uncontained by firefighters.

“We just had — just had Christmas morning right over here, right in front of that chimney. And this is what’s left.” “I urge, and everybody here urges, you to remain alert as danger has not yet passed. Please follow all evacuation warnings and orders without delay and prioritize your safety.”

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South Korea’s President Yoon Suk Yeol arrested after stand-off with police

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South Korea’s President Yoon Suk Yeol arrested after stand-off with police

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South Korea’s suspended President Yoon Suk Yeol was arrested on Wednesday morning following a predawn raid by police and investigators on his fortified hilltop compound.

Yoon’s detention followed a six-hour stand-off between law enforcement officials and members of the president’s security detail. It is the first time in South Korea’s history that a sitting president has been arrested.

The development marks the latest twist in a political crisis that was triggered by his failed attempt to impose martial law last month, and which has shaken confidence in the democratic integrity of Asia’s fourth-largest economy.

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Yoon was suspended from his duties after he was impeached by parliament in December following his attempt to impose martial law. The country is currently being led by finance minister Choi Sang-mok as acting president.

The operation on Wednesday, which began shortly after 4am, was the second attempt this month by the CIO to detain Yoon for questioning on insurrection and abuse of office charges.

An initial effort earlier this month was foiled by Yoon’s protection officers following a tense hours-long stand-off at the presidential residence. Yoon had previously refused to comply with investigators and had challenged their authority to bring him in for questioning.

“The rule of law has completely collapsed in this country,” Yoon said in a video statement recorded before his transfer to the headquarters of the country’s Corruption Investigation Office for questioning. “I’ve decided to appear for CIO questioning in order to prevent any bloodshed.”

According to South Korea’s state-owned news agency Yonhap, police and officials from the CIO arrived at the compound early on Wednesday and presented a warrant for Yoon’s arrest but were again initially prevented from entering by the Presidential Security Service.

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Yonhap also reported that about 30 lawmakers from Yoon’s conservative People Power party were at the compound and attempting to prevent officials from entering it.

But with hundreds of police gathered outside, some of them equipped with ladders and wire cutters to overcome barricades erected by Yoon’s protection officers, CIO officials were eventually allowed to enter the residence.

Yoon’s lawyers initially attempted to broker a deal whereby he would surrender voluntarily for questioning. But this was not accepted by CIO officials, and he was eventually arrested just after 10.30am and transferred to the investigative agency’s headquarters.

“Yoon’s arrest is the first step towards restoring our constitutional order,” said Park Chan-dae, floor leader of the leftwing opposition Democratic Party of Korea. “It underlines that justice is still alive.”

While Yoon’s powers have been transferred to Choi as acting president, he remains South Korea’s head of state while the country’s Constitutional Court deliberates on whether to approve his impeachment or reinstate him in office.

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The court held its first formal hearing into Yoon’s impeachment on Tuesday, but the session was adjourned after four minutes because the suspended president declined to attend, citing concerns for his personal safety.

The efforts by the CIO and police to detain Yoon for questioning relates to a separate, criminal process connected to his failed imposition of martial law. Yoon’s lawyers insist the CIO has no standing to pursue criminal insurrection charges against him.

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SEC sues Elon Musk, says he didn't disclose Twitter ownership on time before purchase

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SEC sues Elon Musk, says he didn't disclose Twitter ownership on time before purchase

Elon Musk speaks as part of a campaign town hall in support of Donald Trump in Folsom, Pa., on Oct. 17, 2024.

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The U.S. Securities and Exchange Commission has sued billionaire Elon Musk, saying he failed to disclose his ownership of Twitter stock in a timely manner in early 2022, before buying the social media site.

As a result, the SEC alleges, Musk was able to underpay “by at least $150 million” for shares he bought after he should have disclosed his ownership of more than 5% of Twitter’s shares. Musk bought Twitter in October 2022 and later renamed it X.

Musk started amassing Twitter shares in early 2022, and by March of that year, he owned more than 5%. At this point, the complaint says, he was required by law to disclose his ownership, but he failed to do so until April 4, 11 days after the report was due.

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Representatives for X and Musk did not immediately return a message for comment.

After Musk signed a deal to acquire Twitter in April 2022, he tried to back out of it, leading the company to sue him to force him to go through with the acquisition.

The has SEC said that starting in April 2022, it authorized an investigation into whether any securities laws were broken in connection with Musk’s purchases of Twitter stock and his statements and SEC filings related to the company.

Before it filed the lawsuit, the SEC went to court in an attempt to compel Musk to testify as part of an investigation into his purchase of Twitter.

The SEC’s current chair, Gary Gensler, plans to step down from his post on Jan. 20 and it is not clear if the new administration will continue the lawsuit.

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