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2025-01-13
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SEOUL, South Korea (AP) — In an era of rising authoritarianism, at the heels of a six-hour martial law decree that unfolded while many South Koreans slept, something noteworthy happened: Democracy held. The past week in Seoul, officials and academics warn, is what a threat to democracy looks like in 2024. It's a democratically-elected president declaring martial law over the nation he leads, asserting sweeping powers to prevent opposition demonstrations, ban political parties and control the media. It's members of the military attempting to block lawmakers from exercising their power to vote on cancelling the power grab. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.

RPG: Exposure To Technology Stocks Beneficial But Valuation ElevatedA long-standing rivalry will be transported from North Carolina to Annapolis as East Carolina meets NC State in the Military Bowl.

Portugal winger Nani announces retirement from soccer

WHITE SULPHUR SPRINGS, W. Va. (AP) — Jordan Sears scored 25 points, Jalen Reed had 21 points and 13 rebounds, and LSU defeated UCF 109-102 in triple overtime on Sunday to take third place at the Greenbrier Tip-Off. LSU trailed by 18 points early in the second half, then failed to hold a lead at the end of regulation and each of the first two overtime periods. The Tigers went up by five with a minute to go in the third overtime. UCF cut it to three, then Vyctorius Miller made a driving layup, Jordan Sears followed with a dunk and the Tigers were able to hold on when leading by seven. Cam Carter scored 20 points, Miller had 16 and Dji Bailey 14 for LSU (5-1). Darius Johnson had 25 points, eight assists and six rebounds for UCF (4-2). Keyshawn Hall had 21 points and 10 rebounds, and Jordan Ivy-Curry scored 20. South Florida led by 15 points at halftime and maintained a double-digit lead for all but a few possessions in the first 11 1/2 minutes of the second half. UCF led 62-48 with 8 1/2 minutes remaining but Sears hit three 3-pointers and LSU drew to within 64-59 with 6 minutes to go. The Tigers scored the last six points of regulation to force overtime. In the first half, LSU led 15-13 about eight minutes into the game but the Tigers missed 15 of 16 shots while being outscored 25-3 over the next 10 minutes. South Florida led 40-25 at halftime after shooting 46% to 25% for LSU. ___ Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college basketball: https://apnews.com/hub/ap-top-25-college-basketball-poll and https://apnews.com/hub/college-basketballGautam Adani, nephew Sagar Adani, and Senior Executive Vneet Jaain are clear of any bribery charges as per the US Department of Justice (DoJ), according to the latest filing with stock exchanges by a Group company – Adani Green Energy Ltd. (AGEL). In its filing, AGEL has cited news reports by various media houses on the bribery and corruption charges against Adani officials ‘Incorrect’. “Media articles which state that certain of our directors, namely Gautam Adani, Sagar Adani and Vneet Jaain, have been charged with violation(s) of the US Foreign Corrupt Practices Act (FCPA) in the indictment are incorrect,” said the statement filed by AGEL. “Gautam Adani, Sagar Adani and, Vneet Jaain have not been charged with any violation of the FCPA in the counts set forth in the indictment of the US DoJ or civil complaint of the US Securities and Exchange Commission (SEC),” it added. In a legal indictment, count refers to individual charges against a defendant. The DoJ indictment, which has five counts, does not have any mention of and has excluded Gautam Adani, Sagar Adani, or Vneet Jaain in Count One: ‘Conspiracy to violate the FCPA’; neither does it have mention of these three names in Count Five: ‘Conspiracy to obstruct justice’ (p. 41). Count One of the indictment, which refers to the corruption and bribery charges, only involves Ranjit Gupta, Cyril Cabanes, Saurabh Agarwal, Deepak Malhotra, and Rupesh Agarwal of Azure Power and CDPQ (Caisse de dépôt et placement du Québec – a Canadian institutional investor and Azure’s largest shareholder). No Adani official has been named by the DoJ under this. However, flawed understanding of the DoJ indictment by various media – foreign as well as Indian – has led to incorrect and reckless reporting of Adani Directors being charged with corruption and bribery under one or of all five counts by the US DoJ and SEC. Adani officials are only charged with Count Two: ‘Alleged securities fraud conspiracy’, Count Three: ‘Alleged wire fraud conspiracy’, and Count Four: ‘Alleged securities fraud.’ The DoJ indictment offers no evidence that bribes were paid by Adani Executives to Indian Government officials; the indictment and the complaint solely rest on claims that bribes were promised or discussed. “All of this is based on likelihoods and hearsay from former employees of Azure Power and CDPQ – places the US DoJ’s and US SEC’s action against Adani are on dangerously shaky ground – both morally and legally.” The ill-founded US action and reckless false reporting have led to significant repercussions for the Indian conglomerate, such as international project cancellations, financial market impact, and sudden examination from strategic partners, investors, and the public. Adani Group is India’s largest infrastructure player with sizeable operations in the global energy and logistics space. Over the past few years, the Indian conglomerate has been expanding its operations in international markets and directly competes with several US and Chinese entities in Africa, Bangladesh, Sri Lanka, Israel, Australia, etc. Since the intimation of the US DoJ indictment, the Group has suffered a loss of nearly $ 55 billion in its market capitalisation across its 11 listed companies.

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