online super game
CHARLOTTE, N.C.--(BUSINESS WIRE)--Dec 13, 2024-- Krispy Kreme, Inc. (NASDAQ:DNUT) (“Krispy Kreme” or the “Company”), today announced a quarterly cash dividend of $0.035 per share of common stock, in accordance with the Company’s dividend policy. The dividend was declared today, December 13, 2024, and will be paid on February 5, 2025 to shareholders of record on January 22, 2025. About Krispy Kreme, Inc. Headquartered in Charlotte, N.C., Krispy Kreme is one of the most beloved and well-known sweet treat brands in the world. Our iconic Original Glazed ® doughnut is universally recognized for its hot-off-the-line, melt-in-your-mouth experience. Krispy Kreme operates in 40 countries through its unique network of fresh doughnut shops, partnerships with leading retailers, and a rapidly growing digital business with more than 15,500 fresh points of access. Our purpose of touching and enhancing lives through the joy that is Krispy Kreme guides how we operate every day and is reflected in the love we have for our people, our communities, and the planet. Connect with Krispy Kreme Doughnuts at www.KrispyKreme.com and follow us on social: X , Instagram and Facebook . View source version on businesswire.com : https://www.businesswire.com/news/home/20241211058746/en/ CONTACT: Investor Relations IR@krispykreme.comFinancial Media Edelman Smithfield for Krispy Kreme, Inc. KrispyKremeIR@edelman.com KEYWORD: NORTH CAROLINA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: RETAIL FOOD/BEVERAGE ORGANIC FOOD SOURCE: Krispy Kreme, Inc. Copyright Business Wire 2024. PUB: 12/13/2024 04:30 PM/DISC: 12/13/2024 04:30 PM http://www.businesswire.com/news/home/20241211058746/en
* Broadcom jumps as it forecasts Q1 revenue above estimates * Chip stocks post varied performance * Investors await Fed's Dec. 17-18 meeting (Recasts with preliminary market close) By Echo Wang Dec 13 (Reuters) - U.S. stocks closed out the trading week near the unchanged mark in a subdued session on Friday, with the S&P 500 and Dow posting weekly declines, while the Nasdaq secured its fourth consecutive week of gains. Broadcom forecast quarterly revenue surpassing Wall Street expectations and predicted robust growth in demand for its custom AI chips over the next few years. The optimistic outlook propelled the company’s shares higher, pushing its market capitalization past $1 trillion for the first time. Chip stocks were a mixed bag on Friday, with Broadcom rival Marvell Technology gaining, while AI bellwether Nvidia gave up earlier gains. However, the broader semiconductor index managed to advance, reflecting ongoing strength in the sector despite some individual stock declines. Yields on U.S. Treasuries rose across the board, with ones on the benchmark 10-year bond hitting a three-week high. “Right now the interest rate selloff is winning,” said Jay Hatfield, chief executive officer at Infrastructure Capital Management in New York. “It's pretty natural for value and income stocks to go down when tech stocks are rising.” Technology stocks continued their upward momentum, driving the Nasdaq above the 20,000 mark for the first time on Wednesday. The rally was further bolstered by an in-line inflation report, which solidified expectations for a 25 basis-point interest rate cut from the Federal Reserve in its meeting next week. Trader bets on the cut at the central bank's Dec. 17-18 meeting stand at near 97%, according to CME's FedWatch Tool. However, they indicate chances of a pause in January. According to preliminary data, the S&P 500 lost 0.19 points, or 0.00%, to end at 6,051.06 points, while the Nasdaq Composite gained 21.69 points, or 0.11%, to 19,924.53. The Dow Jones Industrial Average fell 85.68 points, or 0.20%, to 43,828.44. Wall Street had taken a breather in the previous session after recent gains and some hot economic data ahead of the Fed's meeting, setting up the benchmark S&P 500 and the Dow for weekly losses. However, the Nasdaq ended the week higher. U.S. stocks have repeatedly reached all-time highs this year, driven by surging interest in heavyweight tech companies capitalizing on artificial-intelligence trends. Investor sentiment also received a boost following Donald Trump’s presidential election victory, as markets anticipate his pro-business policies could enhance corporate profitability. Among other movers, RH rose after the home furnishings retailer reported higher net revenue for the third quarter, while D.R. Horton declined as J.P. Morgan downgraded its rating on the homebuilder to "underweight." (Reporting by Echo Wang in New York Additional reporting by Purvi Agarwal and Shashwat Chauhan in Bengaluru Editing by Maju Samuel and Matthew Lewis)Motor finance scandal could cost as much as £50bn payment protection insurance debacle By JOHN-PAUL FORD ROJAS Updated: 22:03, 10 December 2024 e-mail View comments The scandal in the motor finance industry could end up costing as much as the £50billion payment protection insurance (PPI) debacle more than a decade ago, the City watchdog has admitted. Stephen Braviner Roman, legal director at the Financial Conduct Authority (FCA), told MPs it would be ‘premature’ to say that the hit to lenders would not reach the same level as PPI. That implies an even bigger potential cost than the highest estimate so far – from credit ratings agency Moody’s, which has suggested the total industry could be on the hook for as much as £30billion. Hundreds of thousands of customers have complained about the way car dealers sold loans to finance the purchase of vehicles. Commission fees: Hundreds of thousands of motorists have complained about the way car dealers sold loans to finance the purchase of vehicles The complaints centre on the practice of dealers receiving a commission from lenders for selling those loans. Earlier this year, the FCA began a probe into customers being overcharged as a result. It centred on the now-banned use of ‘discretionary commission arrangements’ (DCAs), where dealers were rewarded with higher commissions the higher the rates were on the loans. But a Court of Appeal ruling in a separate case in October widened the scope of the scandal, leaving the industry stunned. The court said it was unlawful for dealers to receive a commission from lenders without receiving the informed consent of the customer. Crucially, the ruling covered not just DCAs but also fixed commission payments, dramatically adding to the potential scale of the scandal. RELATED ARTICLES Previous 1 Next Trump unleashes animal spirits to turbocharge US: But UK... Ashtead's wake-up call: Equipment firm's decision to switch... Share this article Share HOW THIS IS MONEY CAN HELP How to choose the best (and cheapest) stocks and shares Isa and the right DIY investing account Lloyds Banking Group is among the lenders facing a potential major bill for compensation and has set aside £450million to cover the cost. Santander UK, meanwhile, has set aside £295million. Two smaller lenders, Close Brothers and Investec, have also revealed that they continued to face uncertainty over the impact of the scandal. Earlier this year, before the ruling, FCA boss Nikhil Rathi sought to play down comparisons with PPI. But yesterday, Braviner Roman told MPs on the Treasury select committee: ‘The scale of the problem that we were anticipating and we were investigating has undoubtedly expanded with the Court of Appeal decision.’ That decision is subject to a possible appeal to the Supreme Court so may not be the ‘final word’, he said. He added: ‘We’ve previously said that looking at DCAs alone, we do not think it’s the scale of PPI. ‘But that was when we were looking at DCAs alone, so it would be premature to say it’s definitely not the scale of PPI now.’ DIY INVESTING PLATFORMS AJ Bell AJ Bell Easy investing and ready-made portfolios Learn More Learn More Hargreaves Lansdown Hargreaves Lansdown Free fund dealing and investment ideas Learn More Learn More interactive investor interactive investor Flat-fee investing from £4.99 per month Learn More Learn More Saxo Saxo Get £200 back in trading fees Learn More Learn More Trading 212 Trading 212 Free dealing and no account fee Learn More Learn More Affiliate links: If you take out a product This is Money may earn a commission. These deals are chosen by our editorial team, as we think they are worth highlighting. This does not affect our editorial independence. Compare the best investing account for you Share or comment on this article: Motor finance scandal could cost as much as £50bn payment protection insurance debacle e-mail Add comment Some links in this article may be affiliate links. If you click on them we may earn a small commission. That helps us fund This Is Money, and keep it free to use. We do not write articles to promote products. We do not allow any commercial relationship to affect our editorial independence. More top stories
None{ "@context": "https://schema.org", "@type": "NewsArticle", "dateCreated": "2024-12-25T00:49:14+02:00", "datePublished": "2024-12-25T00:49:14+02:00", "dateModified": "2024-12-25T00:49:12+02:00", "url": "https://www.newtimes.co.rw/article/22827/sports/other-sports/kalimpinya-cancels-racing-in-uganda-amid-health-concerns", "headline": "Kalimpinya cancels racing in Uganda amid health concerns ", "description": "Rwandan driver Queen Kalimpinya has withdrawn from the Champions Sprint which will Uganda on Boxing Day, December 26, citing health concerts. Kalimpinya...", "keywords": "Queen Kalimpinya,Motorsport", "inLanguage": "en", "mainEntityOfPage":{ "@type": "WebPage", "@id": "https://www.newtimes.co.rw/article/22827/sports/other-sports/kalimpinya-cancels-racing-in-uganda-amid-health-concerns" }, "thumbnailUrl": "https://www.newtimes.co.rw/thenewtimes/uploads/images/2024/12/25/67116.jpeg", "image": { "@type": "ImageObject", "url": "https://www.newtimes.co.rw/thenewtimes/uploads/images/2024/12/25/67116.jpeg" }, "articleBody": "Rwandan driver Queen Kalimpinya has withdrawn from the Champions Sprint which will Uganda on Boxing Day, December 26, citing health concerts. Kalimpinya announced the unprecedented decision in a statement that she released on her official Instagram account on December 24. She revealed that she recently suffered a pulmonary accident “which has left me in a condition where competition is not medically advised.” I was incredibly excited about our first race outside Rwanda, especially in Uganda, a country with a thriving motorsports community and vibrant racing spirit, the former Miss Rwanda finalist said. ALSO READ: Kalimpinya commends ‘growing presence’ of women in Rwandan motorsport Kalimpinya’s absence will be felt deeply at the Champions Sprint, an event known for drawing top competitors from across the region. The motorsports star’s announcement continues to draw an outpouring of support from her fans and peers, many of whom took to social media to wish her a speedy recovery. The Champions Sprint would have been Kalimpinya’s first ever racing event outside Rwanda and her presence on the racing circuit will undoubtedly be missed this Boxing Day.", "author": { "@type": "Person", "name": "Dylan Mugenga" }, "publisher": { "@type": "Organization", "name": "The New Times", "url": "https://www.newtimes.co.rw/", "sameAs": ["https://www.facebook.com/TheNewTimesRwanda/","https://twitter.com/NewTimesRwanda","https://www.youtube.com/channel/UCuZbZj6DF9zWXpdZVceDZkg"], "logo": { "@type": "ImageObject", "url": "/theme_newtimes/images/logo.png", "width": 270, "height": 57 } }, "copyrightHolder": { "@type": "Organization", "name": "The New Times", "url": "https://www.newtimes.co.rw/" } }
California residents on edge as high surf and flooding threats persist on Christmas EveThere was a bit to learn from the webinar held on December 10 by EnergyCo; essentially a new organisation having grown from 20 to 200 people in three years and with a new board headed by Paul Binsted, and now also a new CEO. I have high confidence in the board: Alex Wonhas developed the ISP, Binsted did a great job as chair of Stanwell, Rebecca Colvin has a strong reputation in social license. The new CEO Hannah McCaughey is much travelled, career-wise, most recently being a senior adviser at ClimateWorks and having also worked at Ausgrid, Gelion, APA and British Gas according to her LinkedIn profile. I don’t propose to go into much detail about Energyco in this note ,but just to comment that: 1. The webinar did not address the issue of ensuring that the renewable developers will build the plant they have committed to. At the moment my strong understanding is that the developers wont commit until there is complete assurance that the transmission will be ready on time. Since the coal generators are definitely closing by the early 2030s, and will likely become even more unreliable well before then, it’s not an issue that can be ignored. The job requires that all the things necessary to keep the lights on be achieved. That involves the transmission, the connections modelling, the social licence and that the generation be built. At the moment, my sense is that the New South Wales government is fully aware of the issue but just unprepared to tackle it. 2. I was personally unhappy with Andrew Kingsmill’s response to a question about the South West Renewable Energy Zone (SW REZ). Andrew stated that the Orana zone requires 100 km of new transmission (plus some reinforcement downstream) and that the New England zone requires 250 km. However, according to Kingsmill, the SW Zone requires 500 km. That, for sure, is fair enough as far as it goes – and the SW zone, from a Sydney perspective, requires not just Humelink but also significant reinforcement of the Southern Sydney Loop. However, the SW zone is so attractive from a resource and social license perspective – and also very well located from a NEM perspective, with connections via VNI West to Victoria and Energy Connect to South Australia as well as Humelink – that I just don’t think that answer is forward-thinking enough. Equally, the quality of developer in the area and the project approvals that have already been obtained are way better than those in New England. In simple English, New Englanders are full of Barnaby Joyce types who would not know a good idea if it hit them on the head, whereas Riverina people and councils are interested in regional development. Technically it’s likely that SW development, excluding transmission, is cheaper as it is flat ground which makes crane access far more straightforward. Equally it’s an EnergyCo director – Alex Wonhas – who has written about using batteries to avoid the N-1 issues of double circuit lines, an idea basically poo-pooed by Kingsmill who said that batteries could only offer minor improvements to line capacity. An alternative view is that batteries could double capacity. At the very least, 4 GW switch gear could be used at Humelink, even though I will guess it wont be. Certainly they would be big batteries. If there was 4 GW going through Humelink and one circuit trips within 30 minutes AEMO needs to be secure for the loss of the second circuit, or so I’m told. Obviously I don’t know. I’m a financial analyst, On the we discussed the transmission links to the SW Zone with Brett Redman, CEO of Transgrid, who also expressed reservations. On the other hand, in another episode, So it’s clear that what the developers want and what the transmission people want are at odds. In my view this needs to be sorted out. Otherwise, I expect the renewable developers may well take things into their own hands as Westwind has hinted at doing in Victoria. Certainly, a far more cohesive and thoughtful response is required than it was possible for Andrew Kingsmill to give in a 30 second response to a question. In summary, EnergyCo is well on its journey now but it’s far, far too early to call it a success. Major issues still need to be sorted out. In particular I do think EnergyCo needs to be flexible, and to be fair it has shown flexibility, but also to think very hard about where the generation should be built and to ensure it is built by 2030.
Kansas State, Rutgers balance bowl prep with December distractions
Best Books to Read On Cryptocurrency and Blockchain
Philippines boosts security after VP's assassination threat against president
Sacramento region gained people but flubbed economic opportunities over 50 years | Dan WaltersRico Carty, who won the 1970 NL batting title when he hit a major league-best .366 for the Atlanta Braves, has died. He was 85. Major League Baseball , the players’ association and the Braves paid tribute to Carty on social media on Sunday. A family friend told Listín Diario — a newspaper in Carty’s native Dominican Republic — that he died Saturday night in an Atlanta hospital. “Carty was one of the first groundbreaking Latino stars in the major leagues, and he established himself as a hero to millions in his native Dominican Republic, his hometown of San Pedro de Macoris, and the city of Atlanta, where he was a beloved fan favorite,” the players' association said in its statement . The Braves said Carty left an indelible mark on the organization. “While his on-field accomplishments will never be forgotten, his unforgettable smile and generous nature will be sorely missed,” the team said in its statement. Carty made his big league debut with the Braves in September 1963. He batted .330 with 22 homers and 88 RBIs in his first full season in 1964, finishing second to Dick Allen in voting for NL Rookie of the Year. The Braves moved from Milwaukee to Atlanta after the 1965 season, and Carty got the franchise's first hit in its new home on April 12, 1966, against Pittsburgh. Carty had his best year in 1970, batting .366 with 25 homers and a career-best 101 RBIs. He started the All-Star Game after he was elected as a write-in candidate, joining Willie Mays and Hank Aaron in the NL outfield. Carty batted .299 with 204 homers and 890 RBIs over 15 years in the majors, also playing for Cleveland, Toronto, Oakland, Texas and the Chicago Cubs. He retired after the 1979 season. AP MLB: https://apnews.com/hub/MLB
Cardinal Health Inc. stock underperforms Tuesday when compared to competitors
The 76ers said George did not suffer any structural damage when he injured the same knee that he hyperextended during the preseason in Wednesday night's loss at Memphis. The game marked the first time this season the All-Star trio of George, Joel Embiid and Tyrese Maxey started a game together. George will miss home games Friday against Brooklyn and Sunday against the Los Angeles Clippers, his former team. A nine-time All-Star, the 34-year-old George will be evaluated again on Monday. Wednesday's 117-111 loss to the Grizzlies dropped the Sixers to 2-12, the worst record in the NBA headed into Thursday night's games. George signed a four-year, $212 million contract with Philadelphia after five seasons with the Clippers. He has averaged 14.9 points in eight games this season. Embiid has been out with injuries, load management rest and a suspension, while Maxey was sidelined with a hamstring injury. An expected contender in the Eastern Conference, the Sixers haven't won since an overtime victory against Charlotte on Nov. 10. AP NBA: https://apnews.com/hub/nbaNone
* Broadcom jumps as it forecasts Q1 revenue above estimates * Chip stocks post varied performance * Investors await Fed's Dec. 17-18 meeting (Recasts with preliminary market close) By Echo Wang Dec 13 (Reuters) - U.S. stocks closed out the trading week near the unchanged mark in a subdued session on Friday, with the S&P 500 and Dow posting weekly declines, while the Nasdaq secured its fourth consecutive week of gains. Broadcom forecast quarterly revenue surpassing Wall Street expectations and predicted robust growth in demand for its custom AI chips over the next few years. The optimistic outlook propelled the company’s shares higher, pushing its market capitalization past $1 trillion for the first time. Chip stocks were a mixed bag on Friday, with Broadcom rival Marvell Technology gaining, while AI bellwether Nvidia gave up earlier gains. However, the broader semiconductor index managed to advance, reflecting ongoing strength in the sector despite some individual stock declines. Yields on U.S. Treasuries rose across the board, with ones on the benchmark 10-year bond hitting a three-week high. “Right now the interest rate selloff is winning,” said Jay Hatfield, chief executive officer at Infrastructure Capital Management in New York. “It's pretty natural for value and income stocks to go down when tech stocks are rising.” Technology stocks continued their upward momentum, driving the Nasdaq above the 20,000 mark for the first time on Wednesday. The rally was further bolstered by an in-line inflation report, which solidified expectations for a 25 basis-point interest rate cut from the Federal Reserve in its meeting next week. Trader bets on the cut at the central bank's Dec. 17-18 meeting stand at near 97%, according to CME's FedWatch Tool. However, they indicate chances of a pause in January. According to preliminary data, the S&P 500 lost 0.19 points, or 0.00%, to end at 6,051.06 points, while the Nasdaq Composite gained 21.69 points, or 0.11%, to 19,924.53. The Dow Jones Industrial Average fell 85.68 points, or 0.20%, to 43,828.44. Wall Street had taken a breather in the previous session after recent gains and some hot economic data ahead of the Fed's meeting, setting up the benchmark S&P 500 and the Dow for weekly losses. However, the Nasdaq ended the week higher. U.S. stocks have repeatedly reached all-time highs this year, driven by surging interest in heavyweight tech companies capitalizing on artificial-intelligence trends. Investor sentiment also received a boost following Donald Trump’s presidential election victory, as markets anticipate his pro-business policies could enhance corporate profitability. Among other movers, RH rose after the home furnishings retailer reported higher net revenue for the third quarter, while D.R. Horton declined as J.P. Morgan downgraded its rating on the homebuilder to "underweight." (Reporting by Echo Wang in New York Additional reporting by Purvi Agarwal and Shashwat Chauhan in Bengaluru Editing by Maju Samuel and Matthew Lewis)
India mosque survey sparks clashes, two dead Protesters on Sunday hurled rocks at police, who fired tear gas canisters to clear crowd LUCKNOW, India: Indian Muslim protesters clashed with police Sunday with at least two people killed in riots sparked by a survey investigating if a 17th-century mosque was built on a Hindu temple. “Two persons were confirmed dead,” Pawan Kumar, a police officer in Sambhal in the northern state of Uttar Pradesh, said, adding that 16 police officers were “seriously injured” during the clashes. The Press Trust of India news agency quoted officials as saying three people had died. Hindu activist groups have laid claim to several mosques they say were built over Hindu temples during the Muslim Mughal empire centuries ago. Street battles broke out when a team of surveyors entered the Shahi Jama Masjid in Sambhal on orders from a local court, after a petition from a Hindu priest claiming it was built on the site of a Hindu temple. Protesters on Sunday hurled rocks at police, who fired tear gas canisters to clear the crowd. Hindu nationalist activists were emboldened earlier this year when Prime Minister Narendra Modi inaugurated a grand new Hindu temple in the northern city of Ayodhya, built on grounds once home to the centuries-old Babri mosque. That mosque was torn down in 1992 in a campaign spearheaded by members of Modi’s party, sparking sectarian riots that killed 2,000 people nationwide, most of them Muslims. Some Hindu campaigners see an ideological patron in Modi. Calls for India to more closely align the country’s officially secular political system with its majority Hindu faith have rapidly grown louder since Modi was swept to office in 2014, making the country’s roughly 210-million-strong Muslim minority increasingly anxious about their future.Report: Senior North Korean General Wounded In Russia
PM Modi: Message of Development Endorsed, Politics of Lies Defeated in Poll ResultsSouth Korea's previous defence minister was stopped from attempting suicide while in detention over last week's martial law, officials said, as police were reported to be raiding President Yoon Suk Yeol 's office Wednesday in their intensifying investigation. The main liberal opposition Democratic Party also plans to submit a new motion to impeach Yoon for his Dec. 3 declaration that imposed martial law. Yoon's ill-conceived power grab has paralysed South Korean politics, frozen its foreign policy, and rattled financial markets, greatly reducing his chances of completing his five-year term and casting a turbulent shadow over one of Asia's most robust democracies. Shin Yong Hae , commissioner general of of the Korea Correctional Service , told lawmakers Wednesday that Kim tried to kill himself at a detention centre in Seoul. He said that Kim's suicide attempt failed after centre officials stopped him and that he is in a stable condition now. At the same parliament committee meeting, Justice Minister Park Sung Jae confirmed Kim's failed suicide attempt. Kim was arrested earlier Wednesday after a Seoul court approved a warrant for him on allegations of playing a key role in a rebellion and committing abuse of power. Kim became the first person formally arrested over the Dec. 3 martial law decree. Artificial Intelligence(AI) Collaborative AI Foundations: Working Smarter with Machines By - Prince Patni, Software Developer (BI, Data Science) View Program Data Analysis Animated Visualizations with Flourish Studio: Beginner to Pro By - Prince Patni, Software Developer (BI, Data Science) View Program Web Development Advanced Java Mastery: Object-Oriented Programming Techniques By - Metla Sudha Sekhar, IT Specialist and Developer View Program Office Productivity Advanced Excel Course - Financial Calculations & Excel Made Easy By - Anirudh Saraf, Founder- Saraf A & Associates, Chartered Accountant View Program Data Science SQL for Data Science along with Data Analytics and Data Visualization By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development 12-Factor App Methodology: Principles and Guidelines By - Prince Patni, Software Developer (BI, Data Science) View Program Finance Financial Literacy for Non-Finance Executives By - CA Raja, Chartered Accountant | Financial Management Educator | Former AVP - Credit, SBI View Program Web Development Master RESTful APIs with Python and Django REST Framework: Web API Development By - Metla Sudha Sekhar, IT Specialist and Developer View Program Entrepreneurship Validating Your Startup Idea: Steps to Ensure Market Fit By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Entrepreneurship Building Your Winning Startup Team: Key Strategies for Success By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Design Canva Magic Write: Ideas to Stunning Slides in No Time By - Prince Patni, Software Developer (BI, Data Science) View Program Web Development Django & PostgreSQL Mastery: Build Professional Web Applications By - Metla Sudha Sekhar, IT Specialist and Developer View Program Leadership Business Storytelling Masterclass By - Ameen Haque, Founder of Storywallahs View Program Entrepreneurship Marketing & Sales Strategies for Startups: From Concept to Conversion By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Artificial Intelligence(AI) ChatGPT Mastery from Zero to Hero: The Complete AI Course By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development Intermediate C++ Skills: Master Pointers, Structures and File Stream By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Learn InVideo AI: Create Videos from Text Easily By - Prince Patni, Software Developer (BI, Data Science) View Program Strategy ESG and Business Sustainability Strategy By - Vipul Arora, Partner, ESG & Climate Solutions at Sattva Consulting Author I Speaker I Thought Leader View Program Soft Skills Cross-Cultural Communication Mastery: Connect with Confidence By - Prince Patni, Software Developer (BI, Data Science) View Program Marketing Performance Marketing for eCommerce Brands By - Zafer Mukeri, Founder- Inara Marketers View Program Marketing Future of Marketing & Branding Masterclass By - Dr. David Aaker, Professor Emeritus at the Haas School of Business, UC Berkeley, Author | Speaker | Thought Leader | Branding Consultant View Program Artificial Intelligence(AI) Master in Python Language Quickly Using the ChatGPT Open AI By - Metla Sudha Sekhar, IT Specialist and Developer View Program Strategy Succession Planning Masterclass By - Nigel Penny, Global Strategy Advisor: NSP Strategy Facilitation Ltd. View Program Later in the day, National Police Agency Commissioner General Cho Ji Ho and Kim Bong-sik, head of the metropolitan police agency of the capital, Seoul, were detained over their actions during martial law. They are being investigated for their roles in deploying police forces to the National Assembly to block lawmakers from voting to lift Yoon's martial law decree. South Korean police also searched Yoon's office Wednesday over his martial law decree, Yonhap news agency reported. Other South Korean media also carried similar reports. but Yoon's office and police have not immediately confirmed the search. The country's main law enforcement institutions are focusing on finding whether Yoon and others involved in imposing martial law committed the crime of rebellion. Yoon survived an impeachment attempt last Saturday when the ruling party boycotted the vote, but the Democratic Party is aiming to put the new motion to a vote on Saturday. After last week's impeachment motion fell through, the leader of Yoon's conservative party pledged to arrange his stable exit from power, saying the party will coordinate with Cabinet members over state affairs and that Yoon will be sidelined from duties during a transition to an early election. However, the plans have been widely criticized as unrealistic and unconstitutional. The constitution explicitly states that impeachment is the sole method for suspending presidential powers and that the authority to command the military rests solely with the president. The Defence Ministry said this week that Yoon remains in charge of the country's military forces. The Assembly was also encircled by heavily armed troops, which military commanders say were deployed on the orders of the former defence minister. But enough lawmakers eventually managed to enter a parliament chamber and unanimously rejected Yoon's decree, forcing the Cabinet to lift it before daybreak on Dec. 4. During a parliamentary hearing Tuesday, Kwak Jong-keun, commander of the Army Special Warfare Command whose troops were sent to parliament, testified that he received direct instructions from Kim Yong Hyun to obstruct lawmakers from entering the Assembly's main chamber. Kwak said the purpose of Kim's instructions was to prevent the 300-member parliament from gathering the 150 votes necessary to overturn Yoon's martial law order. Kwak said Yoon later called him directly and asked for the troops to "quickly destroy the door and drag out the lawmakers who are inside." Kwak said he discussed Yoon's order with the commander at the scene and that they concluded there was nothing that could be done, ruling out the possibility of threatening the lawmakers by shooting blanks or cutting off electricity. At the same hearing, senior officer Kim Dae-woo of the military's counterintelligence agency said his commander, Yeo In-hyung, asked him if an army bunker in Seoul had space to detain politicians and other figures after martial law was imposed. Yeo is considered a close associate of Kim Yong Hyun. Last week, Hong Jang-won, a deputy director of the country's spy agency, said Yoon ordered him to help Yeo's command to detain some of his political rivals but he ignored the president's order. Kwak and Yeo are among those who face opposition-raised rebellion charges along with Yoon and Kim, and the Defense Ministry suspended them last week. If Yoon is impeached, his presidential powers would be suspended until the Constitutional Court decides whether to restore his powers or remove him from office. If he is dismissed from office, a new presidential election would be required. Opposition parties and many experts say the martial law decree was unconstitutional. They say a president is by law allowed to declare martial law only during "wartime, war-like situations or other comparable national emergency states" and South Korea wasn't in such a situation. They argue that deploying troops to seal the National Assembly to suspend its political activities amounted to rebellion because the South Korean Constitution doesn't allow a president to use the military to suspend parliament in any situation. In his martial law announcement, the conservative Yoon stressed a need to rebuild the country by eliminating "shameless North Korea followers and anti-state forces," a reference to his liberal rivals who control parliament. Since taking office in 2022, Yoon has had near-constant friction with the main liberal opposition Democratic Party, which introduced motions to impeach some of his top officials and launched a political offensive over scandals involving Yoon and his wife. On Wednesday, North Korea's state news agency for the first time reported about the political turmoil and street protests triggered by Yoon's martial law decree. The report mostly attempted to explain the South Korean events though it used its typical abusive language like calling Yoon "a traitor" and his military "gangsters." Many experts say North Korea is sensitive to the domestic spread of news on massive anti-government protests in foreign countries because its own people have no official access to international news and could be affected by such events. (You can now subscribe to our Economic Times WhatsApp channel )