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The King seemed amused as he laughed at British comedian Matt Forde’s impression of President-elect Donald Trump on the stage of the Royal Variety Performance. Charles attended the show at the Royal Albert Hall in London for the first time as patron of the Royal Variety charity, following in the footsteps of his mother, the late Queen Elizabeth II. In a statement from Buckingham Palace, he said: “The charity’s crucial work in assisting those who have fallen ill, had an accident or hit hard times is as essential now as it ever has been. “I would like to thank all of those who have worked so hard to stage this year’s production and wish everyone a very enjoyable evening.” The performance saw political comic Forde reference the unfounded claims Mr Trump repeated during his presidential debate against Democrat candidate Kamala Harris earlier this year, that illegal immigrants from Haiti were eating locals’ pets in the small Ohio city of Springfield. Forde exclaimed in the president-elect’s voice: “They’re eating the cats, they’re eating the dogs!” He then turned to address Charles from the stage, saying in Mr Trump’s voice: “Your Majesty King Charles, you’re named after a spaniel – be very careful, they’ll eat you alive.” The King was seen laughing in response to the joke from the royal box. Charles appeared at the event without the Queen, who insisted the “show must go on” after pulling out of attending the performance on Friday evening as doctors advised that she should prioritise rest. A Buckingham Palace spokesperson said: “Following a recent chest infection, the Queen continues to experience some lingering post-viral symptoms, as a result of which doctors have advised that, after a busy week of engagements, Her Majesty should prioritise sufficient rest. “With great regret, she has therefore withdrawn from attendance at tonight’s Royal Variety Performance. His Majesty will attend as planned.” A royal source said the Queen was “naturally disappointed to miss the evening’s entertainments and sends her sincere apologies to all those involved, but is a great believer that ‘the show must go on'”. “She hopes to be back to full strength and regular public duties very soon,” the source added. The Royal Variety Performance will air on ITV1, ITVX, STV and STV Player in December. Money raised from the show will go to help people from the world of entertainment in need of care and assistance, with the Royal Variety Charity launching an initiative to help those with mental health issues this year.Hegseth nomination sinking fast in the SenateI'm A Celebrity 2024 winner confirmed as fans say 'called it'
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NoneWe're not surprised at all that President Joe Biden, after repeatedly saying he wouldn't, pardoned his son Hunter of all crimes dating back to 2014 when he joined the board at Burisma. What surprised us was the timing — we thought he'd wait until his last day in office, as is traditional. Instead, he announced it over Thanksgiving weekend, giving it plenty of exposure in the news media that week. According to a report, Biden is also considering other pardons, including Adam Schiff, Liz Cheney, and Dr. Anthony Fauci. Way back in April, Schiff told the media that he was taking very seriously Donald Trump's threat to throw the members of the January 6 select committee in prison. As far as Fauci goes, the congressional Select Subcommittee on the Coronavirus Pandemic issued its final report from its two-year investigation this week, concluding that taxpayer dollars went to fund gain-of-function research at the Wuhan Institute of Virology. Essentially, we paid the Chinese to develop a bioweapon. Biden is reportedly considering pardoning Adam Schiff, Liz Cheney, and Dr Fauci. Is this an admission of guilt? 👀 pic.twitter.com/Vcp0eqLjO6 We already know they're guilty. But is this an admission by the Biden administration? There is no other reason to give preemptive pardons. If you are not guilty of anything you don't need a pardon like this. It’s absolutely an admission of guilt The Left is going to look so bad if there are preemptive pardons. What are they worried about? If innocent, won't that come out in a trial if they are prosecuted? I've posted this numerous times today, but I'll never understand how you can pardon someone who hasn't been convicted of a crime. Epic admission of guilt Biden’s having a “Going out of business” sale. It is absolutely an admission of guilt. And a heck of a precedent. What a disgusting misuse of power Dr. Death especially needs to be held accountable for his crimes against humanity Yes. It absolutely is. Remember “No one is above the law” is just a catchy slogan the Dems parrot when they’re prosecuting their political opponents like fascists. Sounds like Biden’s trying to protect his allies before the truth catches up. We didn't know you could pardon someone who hadn't been convicted of a crime, but then Biden pardoned his son for any possible crimes he may have committed since January 1, 2014, so preemptive pardons are a thing. ***
Kospi underwhelms as foreign, domestic investors explore greener pastures abroad Published: 24 Nov. 2024, 07:00 SHIN HA-NEE shin.hanee@joongang.co.kr Audio report: written by reporters, read by AI [GETTY] Foreign investors are pulling out of the Korean stock market, while domestic investors pour record amounts of money into securities overseas. The country’s benchmark index continues to languish, with share prices hovering well below their book value. Such a trend is summed up in a self-taunting quip that has been making rounds among Korean investors for the past few years: “The smarter you are, the faster you will cash out of the domestic market.” Related Article $143M 'Value-up' fund to begin operations in bid to stabilize market Value-up index gets dressing down from market over selection criteria EV stocks decline, defense stocks rise, as Trump victory sweeps market “Regardless of short-term fluctuations, blue chips in the United States have been proven to increase in value eventually,” said a Seoul-based, 25-year-old retail investor, who wished to be identified by her surname Shin. For the domestic stock market, on the other hand, Shin is not as confident in its long-term prospect compared to the U.S. indices — hence the reason that she has invested primarily in exchange-traded funds and stocks in the U.S. market, such as Invesco QQQ Trust and Apple since 2021. Shin is one of many who opted to bag U.S. stocks while moving away from the domestic market. The outstanding amount of Korea’s investment abroad reached a record of $2.51 trillion in the third quarter, up $118.3 billion from the preceding three-month period, according to the Bank of Korea’s preliminary international investment position issued on Thursday. Of those, the outstanding amount of securities investments by Korean residents rose $64.6 billion to $996.9 billion, also a new high. An increasing amount of investments flowing into U.S. securities, as well as a recent U.S. stock market rally and the strong dollar, drove the growth. In contrast, liabilities, meaning foreign investment in Korea, inched down $1.1 billion to $1.54 trillion, with securities investments down $26.7 billion to $957.5 billion. This is the first time Korea’s investments in foreign securities have surpassed foreign investments in Korean securities. Foreign investors, which drove the stock prices earlier this year with a robust buying spree, have turned net sellers of Korean stocks since August. They net sold shares worth 2.87 trillion won ($2.05 billion) in August, 7.92 trillion won in September, 3.84 trillion won in October and 2.44 trillion won through the first 20 days of this month, according to the Korea Exchange. The outflow of foreign capital has weighed heavily on the country’s stock market. The Kospi’s price-to-book (P/B) ratio — calculated by dividing total market capitalization by listed companies’ book value of equities — fell below 1 in August, which indicates an undervaluation, and came at 0.87 as of Thursday. The P/B ratio of Japan’s Nikkei 225 stood at 1.41, China's CSI 300 at 1.31, and the S&P 500 at 5.23. Korea was also one of the hardest hit by the post-election market volatility as the export-driven nature of its economy made the country more vulnerable to external uncertainties regarding the incoming Donald Trump administration’s tariff policies. A screen in Hana Bank's trading room in central Seoul shows the Kospi dipping below the 2,400 threshold for the first time since August on Nov. 15. [NEWS1] While the Kospi has gradually recovered after a steep drop, investors’ skepticism toward the long-term prospects of the domestic stock market persists, especially with Samsung Electronics struggling to quell concerns surrounding its waning market competence. “Investor concerns that Trump’s tariff proposals may hit Korea and China harder than others have been the primary reason [for a steeper market fall compared to others], and discussions of a looming crisis in Samsung Electronics, with the company failing to benefit from the boon in the global chip sector, also played a part,” noted Park Sang-hyun, chief economist at iM Investment & Securities. With the government’s efforts to boost the sluggish stock prices yet to bear fruition and the potential growth rate facing a slowdown, Korea needs a more fundamental shift in its economic and industrial structure to secure a breakthrough, analysts argue. In a report released on Nov. 18, Eugene Investment & Securities analyst Huh Jae-hwan cited the high volatility of corporate earnings performance, partly caused by its high reliance on manufacturing and tax rules that incentivize companies to undermine shareholder value. “For the Korean stock market to progress forward, the country needs to bolster the local service sector that can mitigate export volatility and foster the startup and venture capital market for innovation,” said Huh. “Fundamentally, enhancing the competitiveness of the domestic companies would be an inevitable solution, possibly with our own economic policies to prioritize and protect the domestic industry,” Park also suggested. The chief economist also pointed at the weak domestic demand for the sluggish stock market, saying, “A recovery in domestic demand will be crucial to be able to better defend ourselves against the impact of tariff increases and others to come.” BY SHIN HA-NEE [shin.hanee@joongang.co.kr] var admarutag = admarutag || {} admarutag.cmd = admarutag.cmd || [] admarutag.cmd.push(function () { admarutag.pageview('3bf9fc17-6e70-4776-9d65-ca3bb0c17cb7'); });Unai Emery feels confidence returning after Aston Villa end winless runTHE creators of The Apprentice will make a celebrity version of the show next year as it celebrates its 20th birthday. It's the first time the spin off from the BBC one business contest, hosted by Lord Sugar, has been staged in 16 years. Producers will be hoping to sign up from big names who've appeared on the celeb version before including Cheryl Tweedy and Piers Morgan . A TV insider said: "Execs want to get a-list stars involved for this very special version of The Apprentice , and signing up Piers in particular would be TV gold as there's a long-running stand off between him and Lord Sugar. "Few celebrities have been approached yet as the show is still at the early stages and they want to take their time carefully selecting the right mix for the programme." The new version is likely to go out towards the end of 2025, and will air just before the release of the 20th series. The show had to miss a season in 2021 due to the Covid pandemic . READ MORE ON THE APPRENTICE The first episode of the UK's Apprentice, which was hosted by the then Sir Alan Sugar, was on February 15, 2005, and it was almost an instant hit with viewers. Then came the celeb spin offs in 2007, first for Comic Relief , featuring Piers, Cheryl , Maureen Lipman and Karren Brady , who went on to star in the "civilian" version of the show alongside Lord Sugar. The second was in 2008 for Sport Relief with a line up that included Alan Carr, Jonathan Ross , Michelle Mone and Patsy Palmer . In the same year Piers went on to star in the US version of the show when the now President of the United States, Donald Trump, was fronting the contest. It was also the cementing of a personal relationship between the two men. Most read in News TV A spokeswoman for the creators declined to comment.
Jackson scores 23, Purdue Fort Wayne beats Robert Morris 82-77South Korean President Yoon Suk Yeol survived impeachment Saturday as his ruling party refused to join an opposition bid to oust him after he shocked the nation and its allies by briefly declaring martial law. The impeachment vote failed to gain the 200-vote hurdle needed to suspend the president from duties, after the ruling party boycotted the vote. A lengthy standoff followed as the opposition waited for ruling party members to change their minds and vote. Despite some of them doing so it eventually became clear the motion wouldn’t pass. The opposition, which controls a majority in the legislative body, has said it will push quickly for another vote. The attempt to oust the president came after Yoon, 63, shook markets and surprised world leaders by declaring martial law for the first time since South Korea became a democracy nearly four decades ago. He rescinded the order six hours later after lawmakers raced to the National Assembly and voted down the decree. While the outcome leaves Yoon in office for now, the ruling People Power Party will need to quickly find ways to shore up the administration and stabilize the situation to avoid the kind of escalating public protests seen in South Korea in the past. PPP leader Han Dong-hun vowed to seek the president’s orderly exit to minimize the turmoil, telling reporters that Yoon will be effectively suspended from duties until he steps down. Prime Minister Han Duck-soo will take the lead role in running state affairs through close consultations with the ruling party, while communicating with opposition parties, the party leader said. Under the country’s constitution, the prime minister’s role is to assist the president and direct the ministries following orders from the president. Minutes after the failure of the vote, opposition Democratic Party leader Lee Jae-myung accused the ruling party of betraying the public. He apologized for failing to pass the motion, as other opposition lawmakers stood by him holding banners that read, “Impeach Yoon Suk Yeol.” “We will ultimately impeach Yoon Suk Yeol,” Lee said. “We will return the state back to normal for you as a Christmas gift.” The ruling party’s decision to boycott the vote came hours after Yoon apologized for plunging the country into a political crisis, saying he would leave it up to the ruling party to decide his fate. The opposition bloc needed only eight votes from the ruling PPP to impeach Yoon. But Yoon’s conservatives refused to vote in favor of the motion, a move that would’ve likely handed their political opponents a big win in an early election that would have followed if he was removed. The impeachment bid looked set to fail much earlier Saturday evening when members of the ruling party left the National Assembly without voting. But before casting their ballots, opposition members together called on each member of the PPP by name to return to vote. “This incident will be written in our history, one that’s been built by the blood and sweat of our people,” parliamentary speaker Woo Won-shik said, as he urged ruling party lawmakers to return to the chamber and vote. “The head of a conservative group cannot speak alone for individuals’ consciences and values.” In an unexpected twist, two of them did, adding to the one PPP member who already voted. That emboldened the opposition to leave proceedings at a standstill with several hours remaining before the 72-hour limit for the voting period was due to expire. The votes by the three PPP members had prompted protesters outside the National Assembly to chant “five more to go.” As of 7 p.m., police estimated at least 100,000 people were gathered near the parliament to demand Yoon’s impeachment, compared with 18,000 Yoon supporters gathered near Gwanghwamun as of 6 p.m., according to Yonhap News. But the chances of the impeachment failing strengthened when one of the ruling party members who cast a ballot said he voted against it. The crowds started to thin as the likely result became clearer, the temperature dropped and food stalls started packing up having sold out of refreshments. “I had planned to take rest this weekend but I felt so scared after martial law,” said Park Hye-rim, a 33-year-old office worker from northern Seoul. “Even if impeachment is voted down, I will come back to rally again and again. I will not give up.” The political uncertainty in South Korea appears likely to persist, according to Jun Rong Yeap, a market strategist at IG Asia Pte. “Growing public outcries and intensifying pressure from the opposition party could potentially increase the risk of defections among PPP members,” he said, adding that the sustained uncertainty could remain a drag on its equities market into the new week.