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superace 2024

2025-01-13
Since 1999, the EU and Mercosur (comprising Argentina, Brazil, Paraguay, Uruguay, and since 2024, Bolivia) have been negotiating a trade agreement. While an agreement in principle was reached in 2019, EU members refused to ratify the deal. Today at the Mercosur Summit in Uruguay, attended by EU Commission President Ursula von der Leyen, the agreement took a significant step closer to finally coming into effect, with both EU and Mercosur states signing the deal. Tariff reductions: The agreement will remove over 90% of tariffs on goods exchanged between the two blocs, saving EU companies around €4 billion worth of duties each year. For some products, duties will be phased out over longer periods to provide companies in Mercosur countries with a sufficient amount time to adapt. Easier market access: Elimination of non-tariff barriers, discriminatory tax treatments, and the facilitation of trade in services. Sustainability: Provisions to ensure that trade does not come at the expense of environmental and labour standards. If approved by the EU member states and the EU parliament, this would create one of the largest free trade zones in the world. The EU and the five Mercosur states together make up 20.2% of global GDP, with the EU contributing the lions share with 17.4% (Brazil: 2.1%, Argentina: 0.6%, Uruguay: 0.1%, Paraguay and Bolivia: 0.04% each). In terms of population, the trade deal would unite 730 million people (450 million in the EU), or about 8.9% of the global population. While goods trade between the two blocs is still relatively small, totalling €109.4bn in 2023, the EU is Mercosur’s second-largest trade partner for goods, following China and ahead of the United States. Conversely, Mercosur ranks as the EU’s tenth-largest trade partner for goods. When it comes to trade in services, the EU has exported €28.2bn to Mercosur, while Mercosur exported €12.3bn to the EU in 2022. The trade deal is expected to significantly boost goods trade between the two regions. But here’s the catch, and the reason why the agreement hasn’t been signed in five years – it faces significant opposition. France and Poland, amongst others, are openly opposing the trade deal. Meanwhile 11 countries – Germany, Spain, Portugal, Sweden, Denmark, Finland, Croatia, Estonia, Latvia, Luxembourg, and Czechia – recently called for the swift conclusion of the deal in a letter to the President of the Commission. Germany, for example, sees Mercosur as a key market for its auto exports. Currently, average car tariffs on imports into Brazil, for instance, stand at 35% compared to an import tariff of 10% in the EU. Food and agri products represent the biggest part of the EU’s imports from Mercosur, with total a total import value of 23 billion euros in 2023 (42% of total imports). The agreement will facilitate trade growth due to a mix of larger import quotas as well as reduced and removed tariffs and duties on products like beef, poultry, sugar and soybeans. That’s stirring discontent among EU beef, poultry, sugar beet and soybean farmers, given that their Mercosur counterparts can operate at lower costs. Other companies in the food sector are more supportive. This is either because they can benefit from lower input costs, like confectionery and soft drinks manufacturers, or because the deal creates better market access for European cheese, beer, wine and spirits exporters. For EU consumers, we would argue that any deflationary impact on food prices will be difficult to spot. Firstly, quotas will likely be expanded over multiple years to avoid market distortions. Secondly, quotas will be larger but they still represent only a small portion of total EU consumption. Thirdly, the costs of these products make up only a part of the final price that consumers pay. In the case of a premium steak bought in a restaurant, factors such as labour costs are also an important part of the equation. A trade agreement between the EU and Mercosur countries could bring some light to the darkness for the struggling European car industry. Current tariffs of up to 18% on autoparts and even 35% on cars are obviously not very beneficial for export propositions. EU countries exported €1.1bn of passenger cars to Brazil, the bloc’s largest market, in 2023 and Germany was responsible for almost 60% of this. Altogether – and including the largest category automotive parts – EU countries exported almost €5bn worth of vehicles and automotive parts to the Mercosur member states. Including Bolivia, the Mercosur members produce just about as many cars as their domestic sales annually, but a significant chunk of this is exported to the rest of South America as the continent hardly has any other production sites outside of Brazil and Argentina. South America has a production deficit of about 30%, making it dependent on car imports. South American car markets therefore provide more growth opportunities than the sluggish European home markets. Driven by high import tariffs, European manufacturers like the Volkswagen Group and Daimler Trucks have established their manufacturing sites on the continent. A reduction in tariffs could boost production in Europe, where occupancy rates are currently low. While critical for the EU’s economic future, raw materials like lithium are making less headlines in the coverage of the free trade agreement. That’s surprising, given that a) the EU is very dependent on China for critical raw materials, b) countries like Argentina, Bolivia and Brazil hold large reserves of some of these critical raw materials and c) EU demand for these materials is expected to massively increase. We’ve previously written about how demand for lithium batteries (which power electric vehicles and energy storage) is set to increase 12 times by 2030, while the bloc’s demand for rare earth metals, used in wind turbines and EVs, is set to rise five to six times by 2030. It may be difficult to quantify the exact economic value of having better access to these materials through closer ties with Mercosur, but we believe this particular element carried a lot of strategic weight for the EU Comission when striking the deal – especially as diversification or sourcing and securing supply is currently top of mind. The signing of the trade deal is expected to spark new protests from farmers – particularly those in France – who strongly oppose it. This response will mostly be borne out of a fear that the elimination of tariffs will lead to a substantial inflow of cheaper South American agricultural products, particularly beef, with products not meeting Europe’s stringent environmental and food safety standards. French President Emmanuel Macron might even face stronger pressure at home, given that he was unable to stop this deal and that it looks unlikely he’d sign the Treaty in the current political situation in France. In Poland, the Netherlands and Austria, farmers fear that the deal will lead to unfair competition, doesn’t meet the EU’s environmental ambitions, and contributes little to GDP for some member states. The expected GDP boost for the Netherlands is only 0.03% in 2035, compared to a GDP gain of 0.23% for Spain, for example. If the trade agreement is signed in its current form, i.e., a ‘mixed’ agreement including both trade and non-trade measures, it would necessitate approval from the European Parliament as well as all national parliaments. It would also require ratification by all 27 EU member states. While the EU can negotiate trade agreements on behalf of its members with a qualified majority, any agreement involving shared competence between the EU and its member countries must be ratified by each member state. Remember that also the Canadian-European Trade Agreement (CETA) has not been ratified yet by all member states. To avoid repetition of the CETA experience, the EU could therefore split the agreement into two parts: the pure trade agreement and the non-trade measure part. For the pure trade part, a qualified majority vote would be required instead of approval from all 27 members, meaning that at least 15 EU member states representing 65% of the EU population would need to approve. Consequently, at least four member states representing 35% of the EU population would be needed to block the deal. The same procedure had been in place for the tariffs against electric vehicles made in China. This agreement comes at a time when the world is facing increasing protectionism, with US President-elect Donald Trump returning to the White House. He has made no secret of his fondness for tariffs. However, protectionist tendencies are not solely limited to Trump. This week, Beijing announced export bans on key minerals such as germanium and gallium in retaliation against US controls on semiconductor technology. Additionally, new tariffs worth $18bn on Chinese products will take effect in January 2025 and 2026. Elsewhere, the EU has also stepped up its protectionist measures against China this year – and Mercosur countries aren’t holding back either. Brazil introduced import tariffs on electric vehicles (BEVs) of 10% at the start of the year, climbing to 18% in July and up to 35% in 2026. A trade deal between these two economic blocs would be welcome amid a global climate engulfed by a new era of protectionism, and would be significant step towards ongoing trade liberalisation. However, the likelihood of success remains slim – and we’re interested to see whether free trade supporters can prevail over the protectionists this time around. Source: INGsuperace 2024

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Diplomatic tensions escalated as Haiti's foreign minister engaged in discussions with the French ambassador, in response to what Haiti's government labeled as "unfriendly and inappropriate" remarks made by French President Emmanuel Macron. During his departure from the G20 summit in Brazil, Macron criticized Haiti's decision to remove its prime minister amidst increasing gang violence, describing it as "completely dumb," and attributing Haiti's woes to local mismanagement and drug trafficking. His comments were met with backlash in Haiti, especially given the nation's history with France following its independence in 1804. Despite the friction, France has pledged to support Haiti with a financial contribution to a UN security mission, alongside educational aid. France's commitment aims to assist in stabilizing Haiti, ensuring security restoration, and paving the way for elections. (With inputs from agencies.)

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Lisa Kudrow has some concerns about the use of AI in Tom Hanks ’ film Here . “You know the movie Here [with] Tom Hanks, Robin Wright [and director] Robert Zemeckis ?” Kudrow, 61, asked Dax Shepard during a recent episode of Shepard’s “Armchair Expert” podcast. “It’s going through time and they shot it, and they could actually shoot the scene and then look at the playback of them as younger [people], and it’s ready for them to see.” Shepard, 49, shared he was surprised by that but jokingly questioned if the cast “wanted to make this movie for the rest of their lives.” “All I got from that was, this is an endorsement for AI and oh my god,” she reflected. “It’s not like, ‘Oh it’s going to ruin everything,’ but what will there be left? Forget actors, what about up-and-coming actors? They’ll just be licensing and recycling.” Here reunites Hanks, 68, and his former Forrest Gump costar. The movie, which premiered in November, follows the pair as they meet, fall in love, begin a family and live the rest of their lives together. Instead of using younger actors to portray Hanks and Wright’s characters through the years, the film utilized a digital de-aging program by the company Metaphysic to portray their characters across different time periods. “Set that completely aside, what work will there be for human beings?” the Friends alum said. “Then what? There’ll be some kind of living stipend for people, you won’t have to work? How can it possibly be enough?” When Here was announced in January 2023, Zemeckis shared his excitement to partner with the tech company to use the AI software. “I’ve always been attracted to technology that helps me to tell a story,” Zemeckis said in a statement per Variety . “With Here , the film simply wouldn’t work without our actors seamlessly transforming into younger versions of themselves. Metaphysic’s AI tools do exactly that, in ways that were previously impossible! Having tested every flavor of face replacement and de-aging technology available today, Metaphysic are clearly the global leaders in feature-quality AI content and the perfect choice for this incredibly challenging, emotional film.” You have successfully subscribed. By signing up, I agree to the Terms and Privacy Policy and to receive emails from Us Weekly Check our latest news in Google News Check our latest news in Apple News This isn’t the first time Metaphysic has used its programs in the entertainment industry. The company was featured in a 2022 episode of America’s Got Talent where they created a realistic avatar of Elvis Presley singing on stage. While Kudrow bashed the use of the software, Hanks previously explained that he didn’t feel the technology took anything away from the creative process. “From an actor’s perspective, all it is is a tool, because we still had extensive makeup tests,” the Oscar winner said in a November interview with NPR alongside Zemeckis. “We sat in a hair and makeup chair for hours for each one of our looks. So that was coupled with the big-time wingding fandango that is a magnificent tool of how to do the rest of it in order to make it motion picture quality.”Reveel Named Winner of 2024 Top Software & Tech AwardNFL fans go wild for Panthers quarterback Bryce Young's electric play

Ludhiana: The upcoming municipal elections in this city will be based on 2023’s ward delimitation, district administration officials have confirmed, putting to rest speculation over whether the old or new ward boundaries would apply. The delimitation, initiated by the Aam Aadmi Party (AAP), has sparked fresh debates, with opposition leaders alleging confusion and lack of transparency in the process. The new boundaries, notified in Aug 2023, divide Ludhiana into 95 wards, with 56 reserved for women, scheduled castes (SC), backward classes (BC), and SC women candidates. As candidates scramble to prepare for the polls, some former councillors are introducing family’s women as potential representatives, sharing updates through social media and public meetings. While district officials, including deputy commissioner Jatinder Jorwal, confirmed that the elections will follow the 2023 delimitation, BJP aspirant Deepak Sharma criticised the lack of public clarity, alleging that this ambiguity was a deliberate move to create confusion. “The officials are not providing us with clear information about the ward changes, which is unfair to both voters and candidates,” Sharma claimed. Former councillor Gurdeep Neetu echoed the concerns, stating: “Residents and potential candidates are still in the dark about the changes in ward numbers and boundaries. The administration should distribute detailed lists to ensure transparency.” AAP defends delimitation AAP legislator Daljit Singh Grewal dismissed opposition allegations, asserting that the delimitation process was completed and notified in compliance with legal directives. “The state govt conducted the ward delimitation in 2023 as required. The rival parties are simply creating a narrative to mask their fear of losing seats,” Grewal said. The delimitation process, initiated by AAP in 2022 shortly after its assembly election victory, faced significant backlash, with residents and former councillors raising objections. Despite the controversy, a draft notification was circulated in 2023, solidifying the boundaries for the upcoming election. The district administration is in the process of updating the voter list to reflect the new ward boundaries, with a second supplement in progress before release. We also published the following articles recently Muvattupuzha municipality: Merchant body alleges irregularities in ward delimitation Muvattupuzha merchants have lodged a complaint with the district collector, citing irregularities in the delimitation commission's draft. They argue that ward boundaries violate guidelines, creating larger wards and unequal resident distribution. Some residents now face a kilometer-long trek across busy roads and government offices to access newly added areas. Delimitation: Manipulations to suit political goals alleged Thiruvananthapuram's ward delimitation has sparked controversy, with the BJP alleging manipulation of housing figures for political gain and filing complaints with the election commission. The BJP threatens legal action, including escalating to the Supreme Court. Simultaneously, the UDF plans protests, claiming the delimitation unfairly impacts coastal wards, their traditional strongholds. Over 16,000 complaints flood delimitation panel Kerala's delimitation commission is swamped with nearly 17,000 complaints following the redrawing of ward boundaries for local bodies. Malappuram district leads with over 2,800 complaints, while Idukki has the fewest. The complaints target grama panchayats, municipalities, and corporations, with Thiruvananthapuram corporation receiving the most. Officials will investigate all complaints and conduct district-level hearings before finalizing the ward divisions. Stay updated with the latest news on Times of India . Don't miss daily games like Crossword , Sudoku , and Mini Crossword .TSS Inc. COO Karl Marrott sells $606,309 in stockCIPL Publishes Discussion Paper on Applying Data Protection Principles to Generative AI

The Police Service Commission (PSC) has approved the promotion of 11 Commissioners of Police (CPs) and 16 Deputy Commissioners of Police (DCPs) to their next ranks. Mr Ikechukwu Ani, the Head of Press and Public Relations of PSC, made this announcement in a statement on Monday in Abuja. The 11 CPs were promoted to the rank of Assistant Inspectors-General of Police (AIG), while the 16 DCPs were elevated to the rank of CP. Ani explained that the promotions were approved at the Commission’s second plenary meeting, where the senior officers underwent both written and oral examinations. He added that the Chairman of the Commission, Mr Hashimu Argungu, emphasised that from now on, written and oral examinations would be a pre-requisite for promotions at all levels within the Nigeria Police Force. The PSC chairman further encouraged police officers to continually improve and expose themselves to global best practices, including proficiency in Information and Communication Technology (ICT). The 11 newly promoted AIGs are: Umar Nadada, Mustapha Bala, Abayomi Oladipo, Taiwo Adeleke, Ibrahim Abdullahi, Nwonyi Emeka, Akinwale Adeniran, Zubairu Abubakar, Fom Joseph, Emuobo Ekokotu, and Garba Yusuf. The 16 newly promoted CPs include: Kayode Ojapinwa, Emmanuel Ighodalo, Bose Akinyemi, Barayimil Samaila, Martin Nwogoh, Shetima Mohammed, Ibrahim Gotan, Rabiu Mohammed, and Olugbenga Abimbola. The others promoted to CP are: Adepoju Adewale, Bello Yahaya, Ibrahim Bakori, Hauwa Jibrin, Abayomi Shogunle, Mohammed Baba, and Ezekiel Husseini. Ani also stated that Mr Taiwo Lakanu, the Chairman of the Standing Committee on Police Promotions at the PSC, led the promoted officers through a rigorous oral interview. Lakanu advised the newly promoted officers to focus on the responsibilities that come with their new positions and urged them to serve the nation with dedication He assured that the Commission would continue to ensure that promotions were timely and based on merit.Green and Jamiel score long TDs and Lehigh rallies to defeat Richmond 20-16 in FCS playoff opener

N agpur loves its sweets—Haldiram’s is headquartered here—and is known for the oranges that come from the orchards amidst which the city is located. Sweet makers here turn the oranges into deliciously zesty barfis. We flew into the city very early and headed for breakfast. At 6.30 a.m., more than a hundred people were milling outside a modest eatery on Wardha Road, not far from the Radisson Blu. It would seem that Nagpur locals don’t bother with cooking breakfast and are happy to head to Ramji Shyamji Pohewale to jostle with the crowds. The tarri poha, Nagpur’s favourite way to kickstart the day, is the speciality here. Begun by Tribhuvan Nath Pande 30 years ago, it was named after his identical twin sons Ramji and Shyamji. They now run the place, along with two other brothers. The day starts long before dawn for them and the shop opens at 5 a.m. We watched while Ramji stirred up one round of poha. The flattened rice soaking in recycled oil cans is strained and emptied into basins in which you can bathe a baby. Soyabean oil is heated in a massive karhai and in go mustard seeds, peanuts, sliced onions and turmeric. Ramji lifts up the heavy basin with ease and lets the poha drift into the bubbling oil with its condiments. Cubes of boiled potato and the contents of a pack of frozen peas are also added and it takes some heavy-duty stirring before the poha is ready. It’s moved to the counter and served topped with tarri, the dark, super spicy brown-chana gravy that’s the preferred accompaniment. Customers can ask for spicy or medium, and the quantity of tarri will be adjusted accordingly. The plate can be topped off with chivda if you like. Carrying their plates, several customers head to a table holding a pile of peeled onions. Knives and cutting boards are provided and each one chops up some onion to add to the tarri poha. ‘We put the onions out there, whether they cost `100 or `25 a kilo,’ Ramji said. ‘By letting the customers chop onions for their plate, we save on labour.’ The customers don’t seem to mind one bit and some come here several times a week for breakfast. There are office-goers on their way to work, students, salesmen, senior citizens after their morning walk, all of who have been eating at Ramji Shyamji for many years now. ‘It’s the quality of the ingredients and what we serve that makes them come back again and again,’ Ramji said. ‘We use the best poha, and only soyabean oil for cooking it. Everything is done in sight of the customers. There are no shortcuts or compromises and that encourages them to eat here as they would in their homes.’ A street snack little known outside Nagpur is patodi. A deep-fried pastry stuffed with a mixture of besan, dal and enough fresh coriander to give it a dark-green colour, it’s sold at small stalls and carts across the city. One stall that’s hugely popular is the one at Civil Lines. The nameless stall is known simply as Zilla Patodiwala since it’s near the administrative office buildings. Now in its 50th year, this business was begun by Omkar Prajapati, who came here from Rajasthan. It’s now managed by his son, Ashok, who mans the one-table stall, from 8 a.m. to 7 p.m. every day. The patodis are prepared in a karkhana (factory) nearby and transported by cycle to the stall. The patodi is broken up and topped off with a ladle or two of kadhi to make one of Nagpur’s favourite street foods. ‘We’ve been here before the new zilla building came up,’ Ashok said, ‘and some customers have been coming every day for years.’ Ashok’s regulars are many and he knows how exactly they like their patodi-kadhi. ‘If the stock is going to be delayed, I have to call and let them know,’ he said as he served us a hearty plate of his speciality. Pakodas are the generic calorie-laden, hit-the-spot fried snack that all of India loves. Nagpur likes it made with moong dal and fried in marble-sized rounds, and likes it even more when it’s made by Santosh Pakodewale. A massive flexboard announcing the name with a photo of the owner stands at the front of a three-storey building that’s the backdrop for this business. They needn’t have taken the trouble. For the crowd on the pavement and spilling over onto the road at the stall opposite South Point School on Manewada Ring Road is announcement enough that you’re at the city’s most popular maker of pakodas. Santosh had no idea the small street-food business he began in 2002 would grow to this size and gain such popularity. Now, he’s a limelight-loving entrepreneur, gold bracelet and massive jeweled rings on his fingers announcing his success. ‘I was working elsewhere and decided it would be good to be my own master,’ he told us, inviting us into his office in the building behind the stall. ‘At the time, I would make pakode from 500 gm of moong dal and sell from the footpath.’ In the next 15 years, his pakode earned a massive following and business flourished. Santosh was able to get his own place in Naren Nagar and establish himself firmly on the food map of Nagpur. More recently, he’s had to move from there to the present address, where he’s acquired a building that serves as store room—he now uses up to 100-plus kilos of moong dal a day—and prep area. This is where the dal is soaked and ground in massive quantities. At 4 p.m. every evening, three huge karhais are fired up, each manned by two people, shaping the pakode and deep-frying them. They emerge crisp and golden, to be served in paper cones topped off by a green chutney that has blobs of yoghurt in it. ‘Our chutney is our speciality,’ Santosh said. His stall uses up 250 litres of yoghurt for the chutney every day. Besides the pakode, bread pakoda and hot masala doodh—of which they sell 50 litres every evening—are other specialities here. Santosh now employs nearly 20 people, all in uniforms with the Santosh Pakodewala logo embroidered on them. ‘I don’t hire professional cooks,’ said this enterprising street-food vendor. ‘I go looking for people who are lost in life, recovering alcoholics, people on the fringes of society, and I hire them. They find purpose. Food transforms their lives.’ If this stall sees Nagpur locals queuing up every evening, the crowds swell further in the monsoons, for the pakoda is essential rainy-day food. ‘Barish mein toh maja hi maja hai,’ as Santosh put it. This excerpt from Bazaar Bites: Tales and Tastes of India’s Street Foods by Priya Bala and Jayanth Narayanan has been published with permission from Rupa Publications. var ytflag = 0;var myListener = function() {document.removeEventListener('mousemove', myListener, false);lazyloadmyframes();};document.addEventListener('mousemove', myListener, false);window.addEventListener('scroll', function() {if (ytflag == 0) {lazyloadmyframes();ytflag = 1;}});function lazyloadmyframes() {var ytv = document.getElementsByClassName("klazyiframe");for (var i = 0; i < ytv.length; i++) {ytv[i].src = ytv[i].getAttribute('data-src');}} Save my name, email, and website in this browser for the next time I comment. Δ document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() );Living with disability has often meant living with a world that is rarely ready for inclusion. Generally acknowledged are the physical and systematic obstacles, but the barriers concerning mental health issues amongst the persons with disabilities (PWDs), too often remain in shadow. Studies have indicated the rates of anxiety, depression, and social isolation regarding disabled people are much greater in comparison to their non-disabled counterparts. However, what lies behind this reality? The Intersection of Stigma and Isolation Societal stigma is the main contributor to mental health struggles that PWDs face. Many are perceived as worthless or worthy of sympathy, and from there they sink into alienation. Social exclusion from accessible events and professional spaces paints a picture of further alienation, and this leaves people in an isolated void. Such isolation can fuel the vicious cycles of depression and anxiety. Navigating Health Care Challenges Another major barrier is lack of access to mental healthcare. Therapy or counseling prove hard to access for PWDs due to financial constraints, accessibility of facilities, or the lack of understanding of healthcare providers regarding particular needs of disability. Usually, the health care provider turns out to be an added source of stress rather than a solution. The Pressure to Adapt Society’s focus on overcoming disability does pressure the individual to perform well or conform in ways that deny their personal reality, and it can be particularly defeating and frustrating when such stresses are compounded by daily frustrations and battles with accessibility or chronic pain. What Can Be Done? Education and Awareness: More informed and sympathetic and non-judgmental society due to education on disability and mental health can really reduce stigma. Accessible Mental Health Services: Transition into responsive mental health services for individuals with disabilities, such as teletherapy and counseling that is disability-informed. Community Building: Support groups and community space among PWDs would help to break isolation and create a community. Policy Advocacy: Advocating for policies, such as demanding access and inclusive provisions in public areas, working spaces, and healthcare services. This is not just an issue of equity but a moral imperative; it requires acknowledging and addressing the specific mental health struggles that people with disabilities face. Doing this will create an environment of understanding and support, and no one will be left to battle his or her mental health challenges alone. Get Latest News Live on Times Now along with Breaking News and Top Headlines from Mental Health, Health and around the world.

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US to Require Passenger Vehicles to Sound Alarms if Rear Passengers Don't Fasten Their Seat BeltsA week ago, Matt Gaetz was on his way to becoming Donald Trump’s avenging angel as U.S. Attorney General, the nation’s top law enforcement official. But now that the former Florida congressman has withdrawn his nomination amid persistent questions about his involvement in a sex scandal involving a 17-year-old girl, his political prospects are not so clear put. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Get the latest news, sports, weather and more delivered right to your inbox.South Korea lifts president's martial law decree after lawmakers reject military rule

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