calls

As calls for Trump impeachment grow louder, Pelosi tries to focus on healthcare

House Speaker Nancy Pelosi (D-San Francisco) tried again this week to shift focus away from a divisive debate over impeachment and move it to a signature issue that Democrats credit with helping them win back a majority in that chamber: healthcare.

After a panel discussion on the Democrats’ health policy agenda in Monterey Park on Monday, Pelosi deflected questions about impeachment from reporters and said the news media were placing “a great deal of attention” on the topic.

“What we’re doing is legislating. We’ve sent bills to the Senate that talk about our Dreamers, we’ve sent bills to the Senate that talk about gun violence prevention,” Pelosi said, adding that she believes those issues are “unifying, they’re not dividing for our country.”

Minutes after the event concluded, Orange County freshman Rep. Katie Porter (D-Irvine) announced in a video that she supports opening an impeachment inquiry against President Trump.

The conflicting messages provide a preview of the ongoing struggle House leaders face as they try to contain talk of impeachment this summer. More than a quarter of Democrats in the House have publicly supported opening an impeachment inquiry, 14 of them from California.

Pelosi’s panel on Monday, which also included Rep. Judy Chu (D-Monterey Park) and Los Angeles County Supervisor Hilda Solis, was billed by Democrats as part of a “weekend of action” on healthcare. The renewed focus on key issues for Democrats is the latest sign that party leaders aren’t willing to budge on impeachment until public support is clear.

“When we won that election in November, it was all healthcare, healthcare, healthcare, healthcare,” Pelosi told the audience of several hundred people at East Los Angeles College in Chu’s district. “It was because it is so important to people’s lives.”

Meanwhile, Trump said over the weekend that he is working on a new healthcare plan, promising to roll out details within two months. Republicans on Capitol Hill want to move on from the debate over repealing the Affordable Care Act and are focusing instead on more narrow legislation to reduce healthcare costs.

House Democratic leaders said more than 140 healthcare-focused events were planned by House members across the country, part of a “drumbeat across America” on healthcare over the weekend.

But the beat wasn’t very loud in California’s most competitive districts. Although Rep. TJ Cox (D-Fresno) visited a rural health center in the Central Valley and Rep. Gil Cisneros (D-Yorba Linda) toured a nonprofit hospital and held a roundtable discussion with administrators in Orange County, neither event was publicized and both were closed to the news media.

Invitations to a telephone town hall on healthcare hosted by Rep. Katie Hill (D-Agua Dulce) went out to “randomly selected” constituents without advance notice to reporters. And Porter did not host a healthcare-focused event this weekend, her staff said.

The events coincided with a series of pro-impeachment rallies Saturday, including actions in all four Orange County swing districts that Democrats must protect to hold on to their majority in the House.

At a gathering in the coastal Orange County district of Rep. Harley Rouda (D-Laguna Beach), dozens of people lined up, using their bodies to spell out “IMPEACH” in the sand.

Several in attendance seemed willing to give Rouda, who has not yet come out in full support of impeachment, some leeway in his Republican-leaning district, particularly after Rouda said recently that he would call for impeachment proceedings if the White House fails to comply with congressional subpoenas by the end of June.

“I think we should impeach, but I am not ready to condemn [Rouda] for not doing it yet,” retired teacher Phyllis Totri said. “I keep thinking Nancy Pelosi has some secret plan.”

Carol Churchill, who lives in the reliably Democratic Long Beach district of Rep. Alan Lowenthal and contributed money to Rouda and Porter last year, said she’s eager for California Democrats to take more active roles in calling for impeachment.

As an attorney, Churchill said, she understands the desire to follow a trail of evidence through House investigations.

“I get that, but it’s not fast enough for me,” she said. “I want them to take vocal action.”

While some Democratic activists are torn as to what strategy they’d like to see House members take on impeachment, Californians — and Americans — are split on whether it should be pursued at all.

In a recent NBC national poll, 27% of Americans and 48% of Democrats said Congress should begin the impeachment process. A statewide poll conducted for The Times by the Institute of Governmental Studies at UC Berkeley showed a slim majority of California Democrats, 53%, and 35% of registered voters supported starting impeachment proceedings.

The findings illustrate the difficult position Pelosi faces in trying to protect a House majority built on vulnerable new members who must navigate between the left-leaning activists who helped elect them and independent voters they must win over to ensure they hang on to their seats.

Totri and others said they hoped the weekend’s rallies would help turn the tide of public opinion in support of impeachment and show Pelosi and other members that their constituents support it.

“We’re saying to our representatives specifically that we want impeachment, we think that’s the next step and we want them to take that step as well,” said Aaron McCall, chairman of the group Indivisible OC 48 in Rouda’s district. “These are the people in their districts who went out and volunteered for them and fought for them and supported them, and they’re saying, ‘We need you to go out and take a stand and do what’s right.’”

Times staff writer Jennifer Haberkorn contributed to this report.

christine.maiduc@latimes.com

For more on California politics, follow @cmaiduc.



Source link

Celtic: Martin O’Neill calls for patience on transfers

However, former Celtic midfielder John Collins believes an experienced striker could change everything.

“It’s hard playing football without a natural centre forward,” he said on BBC Scotland’s Sportsound. “Someone you can hit and you know it’ll stick.

“If you’re a midfielder you can play one-twos, knowing they can bounce it off you. You can’t do that with Maeda, he likes to run in behind. You can’t link with him.

“He’s up there doing his best, but he’s not a real centre forward for me. A good centre forward can change everything.

“You’re getting half chances, next thing you’re 3-0 up. The chances Celtic do create, if you’ve got a good striker you’re winning comfortably.”

Right-back Julian Araujo has arrived on loan from Bournemouth this month, as Celtic also look to address weaknesses in other areas, amid injuries to some key players too.

Becuase while profligacy has been costly at times this season – especially in the ill-fated Wilfried Nancy eta – it was not their major problem against Falkirk.

They only managed two shots on target and were outplayed in spells by John McGlynn’s side, who hassled in midfield and worked incredibly hard.

As a result, the hosts created the better chances and played some slick football.

Callum McGregor was isolated on the ball in midfield, despite Nygren and Arne Engels starting alongside him.

Collins believes the team also needs another athletic midfielder and a winger too.

“Engels has good games and very average games. Nygren comes in and out of games, and lacks consistency,” the former Celtic assistant said.

“One player who always wants the ball is Callum McGregor. Week in, week out he’s at a level. They’ve got to get more quality in the central area.”

Celtic’s next league game is a critical one away to Hearts, a match that will help define the destiny of the title.

If there are no new faces ready to go by then fans will be furious, never mind the much-loved O’Neill’s call for patience.

Source link

Sen. Lisa Murkowski calls for Congress to probe DOJ over Fed subpoenas

Jan. 12 (UPI) — Sen. Lisa Murkowski, R-Alaska, on Monday called on Congress to investigate the Department of Justice’s probe of Federal Reserve Chairman Jerome Powell, which she described as “an attempt at coercion” by President Donald Trump.

Powell revealed Sunday night he received a subpoena from the Justice Department threatening him with criminal charges over testimony he gave to Congress last year about the cost of renovating historic Federal Reserve buildings. He accused the Trump administration of using the testimony as a pretext to punish him and the Fed for failing to set federal interest rates based on Trump’s preferences.

In a statement Monday, Murkowski echoed Powell’s stance, saying the project cost overruns “are not unusual.”

“After speaking with Chair Powell this morning, it’s clear the administration’s investigation is nothing more than an attempt at coercion,” she said, calling for an investigation of the Justice Department.

“The stakes are too high to look the other way: If the Federal Reserve loses its independence, the stability of our markets and the broader economy will suffer.”

Murkowski said she supported Sen. Thom Tillis, R-N.C., who said Sunday that he would vote against confirming a new head of the Federal Reserve “until this legal matter is fully resolved.”

Trump has said he plans to replace Powell when his four-year term is up later this year. The president has repeatedly taken Powell to task for not cutting interest rates as frequently and by as much as he wants. Trump appointed Powell to his first four-year term in 2018, and former President Joe Biden renewed his position in 2022.

“If there were any remaining doubt whether advisers within the Trump administration are actively pushing to end the independence of the Federal Reserve, there should now be none,” Tillis said in a statement. “It is now the independence and credibility of the Department of Justice that are in question.

In an appearance on NBC News on Sunday, Trump said he has no knowledge of the Justice Department’s plans to investigate the Federal Reserve.

“I don’t know anything about it, but he’s certainly not very good at the Fed, and he’s not very good at building buildings,” Trump said of Powell.

Trump threatened to sue Powell in August over the the planned renovations, citing the “horrible and grossly incompetent job he has done in managing the construction of the Fed Buildings.” The president said the cost of the renovations exceeded $3 billion, but all the project needed was a “$50 million dollar fix up.”

During a tour of the renovations in July, Powell disputed Trump’s claims that the project exceeded $3 billion, saying the estimate was closer to $2.5 billion.

Trump told NBC News that the Justice Department’s probe isn’t related to benchmark interest rates.

“No. I wouldn’t even think of doing it that way. What should pressure him is the fact that rates are far too high. That’s the only pressure he’s got,” Trump said of Powell.

“He’s hurt a lot of people. I think the public is pressuring him.”

Activist Riley Gaines feeds her baby on stage at a “Policy Celebration” at the U.S. Department of Health and Human Services Headquarters in Washington on Thursday. Photo by Annabelle Gordon/UPI | License Photo

Source link

Sejong professor warns of FX risks, calls for bigger reserves, swaps

Sejong University professor Kim Dae-jong speaks during an Asia Today interview in Seoul on Tuesday. Photo by Asia Today

Jan. 11 (Asia Today) — Asia Today interviewed Sejong University business administration professor Kim Dae-jong on Tuesday about the 2026 economic outlook and strategies for coping with rising foreign exchange risks and fiscal pressures. Below are highlights in a question-and-answer format.

Q: Do you believe there is a real possibility of another foreign exchange crisis like the one in 1997?

A: “South Korea’s current foreign exchange defense capabilities are extremely vulnerable. The country’s foreign exchange reserves relative to GDP stand at around 22%. This is woefully inadequate compared to Taiwan, which holds reserves equivalent to 80% of its GDP. Meanwhile, the Korean won’s share of international payments is a mere 0.1%, making it a currency that no one will accept during a crisis. With an 84% probability of an upward trend in the exchange rate, the won is projected to surge to between 1,550 and 1,600 won per dollar by 2026. Without government preparedness, the likelihood of a foreign exchange crisis approaches 30%. We must significantly increase foreign exchange reserves to Taiwan’s level and establish safety nets through measures like Korea-Japan currency swaps. The interest losses from holding reserves are a cost we must bear given the potential losses from a crisis.”

Q: The government claims its finances are robust. What do the actual indicators show from your perspective?

A: “The government reassures us with a debt ratio of 52%, but this is merely an illusion. Broad national debt, including public enterprise debt and unfunded pension liabilities, has already surpassed 130% of GDP. The 2026 budget proposal shows an 8.1% increase to 728 trillion won ($560 billion), more than four times the inflation rate, pursuing loose expansionary fiscal policy. The IMF classifies countries with non-reserve currencies as risky when their debt ratio exceeds 60%. South Korea is expected to cross this threshold by 2029. Securing fiscal soundness is crucial for national survival.”

Q: What are the fundamental causes and solutions for the youth employment rate being only 45%?

A: “Companies are fleeing overseas to avoid high taxes and regulations. Korea’s corporate tax rate of 26% is higher than the global average of 21% and higher than places like Singapore and Ireland. The United States encourages innovation through negative regulation, but Korea is stifled by positive regulation. Allowing Uber alone could create more than 300,000 jobs, yet we are cutting off the buds of new industries. We need concrete action to create a business-friendly environment. Instead, the government raised the corporate tax rate by 1 percentage point.”

Q: In this situation, how can individuals protect their assets and become wealthy?

A: “I recommend a top-ranked stock strategy: invest 90% of your assets in the top U.S. market cap companies and 10% in the top Korean company. As dollar-denominated assets, they protect wealth when the exchange rate rises. Apartment subscription accounts should never be canceled and should be maintained. Statistically, the net asset threshold for the top 1% of wealthy Koreans is 3 billion won. By building expertise at work and consistently investing 25% of your salary into top-tier stocks, you can join that group.”

Interviewer: Kim Lee-seok, Editorial Advisor

Compiled by: Lee Jung-ho, Staff Reporter

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Source link

Paramount calls $30-per-share for Warner Bros. Discovery ‘superior’

Jan. 8 (UPI) — Officials for the Paramount Skydance Corp. said Thursday their offer of $30 per share to buy Warner Bros. Discovery is “superior” to a competing offer from Netflix.

The Paramount officials made the claim in response to a formal rejection of its offer by WBD officials earlier this week.

“Paramount’s offer is superior to WBD’s existing agreement with Netflix and represents the best path forward for WBD shareholders,” Paramount said in a news release.

“Netflix’s transaction, on the other hand, contains multiple uncertain components and has already decreased in total value,” Paramount said.

“When announced in December, the Netflix transaction offered WBD shareholders $23.25 in cash, $4.50 in Netflix stock and a share in the pending spin-off of Discovery Global,” Paramount added.

“Today, Netflix’s stock price is trading well beneath the low end of its collar, reducing the value offered to WBD shareholders.”

Paramount’s offer includes a guarantee from Larry Ellison, who is the majority shareholder of Paramount’s parent corporation, National Amusements Inc.

WBD officials say the Netflix offer would benefit shareholders the most, CNN reported, but Paramount Skydance might up its offer.

WBD on Wednesday said the Paramount Skydance offer is “inadequate” and “poses materially more risk for WBD and its shareholder” if that offer were to fall through, while the Netflix offer is more certain.

Paramount Skydance Chief Executive Officer David Ellison countered WBD’s comment, saying “our offer clearly provides WDB investors greater value and a more certain, expedited path to completion.”

Paramount and Netflix officials are embroiled in a de facto bidding war for WBD and HBO, which earlier accepted an initial offer from Netflix before Paramount Skydance made its competing offer.

As the impasse continues, Paramount Skydance officials are offering WBD shareholders $30 per share if they reject the WBD board of directors’ advice to stick with the Netflix offer.

Source link

Gov. Ron DeSantis calls for special session in April to redraw Florida’s congressional districts

Florida Gov. Ron DeSantis said Wednesday he plans to call a special session in April for the Republican-dominated Legislature to draw new congressional districts, joining a redistricting arms race among states that have redrawn districts mid-decade.

Even though Florida’s 2026 legislative session starts next week, DeSantis said he wanted to wait for a possible ruling from the U.S. Supreme Court on a key provision of the Voting Rights Act. The ruling in Louisiana vs. Callais could determine whether Section 2, a part of the Voting Rights Act that bars discrimination in voting systems, is constitutional. The governor said “at least one or two” districts in Florida could be affected by the high court’s ruling.

“I don’t think it’s a question of if they’re going to rule. It’s a question of what the scope is going to be,” DeSantis said at a news conference in Steinhatchee, Fla. “So, we’re getting out ahead of that.”

Currently, 20 of Florida’s 28 congressional seats are held by Republicans.

Congressional districts in Florida that are redrawn to favor Republicans could carry big consequences for President Trump’s plan to reshape congressional districts in GOP-led states, which could give Republicans a shot at winning additional seats in the midterm elections and retaining control of the closely divided U.S. House.

Nationwide, the unusual mid-decade redistricting battle has so far resulted in a total of nine more seats Republicans believe they can win in Texas, Missouri, North Carolina and Ohio — and a total of six more seats Democrats expect to win in California and Utah, putting Republicans up by three. But the redrawn districts are being litigated in some states, and if the maps hold for 2026, there is no guarantee the parties will win the seats.

In 2010, more than 60% of Florida voters approved a constitutional amendment prohibiting the drawing of district boundaries to unfairly favor one political party in a process known as gerrymandering. The Florida Supreme Court, however, last July upheld a congressional map pushed by DeSantis that critics said violated the “Fair Districts” amendment.

After that decision, Florida House Speaker Daniel Perez last August announced the creation of a select committee to examine the state’s congressional map.

Florida Senate Democratic Leader Lori Berman said in a statement that what DeSantis wants the Legislature to do is clearly illegal.

“Florida’s Fair Districts Amendment strictly prohibits any maps from being drawn for partisan reasons, and regardless of any bluster from the governor’s office, the only reason we’re having this unprecedented conversation about drawing new maps is because Donald Trump demanded it,” Berman said. “An overwhelming majority of Floridians voted in favor of the Fair Districts Amendment and their voices must be respected. The redistricting process is meant to serve the people, not the politicians.”

In a statement, the Florida Democratic Party called the move by DeSantis “reckless, partisan and opportunistic.”

“This is nothing more than a desperate attempt to rig the system and silence voters before the 2026 election,” the statement said. “Now, after gutting representation for Black Floridians just three years ago, Ron is hoping the decimation of the Voting Rights Act by Trump’s Supreme Court will allow him to further gerrymander and suppress the vote of millions of Floridians.”

Michael McDonald, a political science professor at the University of Florida, said the state already has a fairly strong Republican gerrymander, so it would be difficult for Republicans to pick up additional seats, unless they’re planning to draw “noncompact districts that squiggle all over the place” and then hold the election before a judge can throw out the map. McDonald said DeSantis also could be trying to shore up Republican strongholds to mitigate the losses generally experienced by the party in power during midterm elections.

“Trump’s approval ratings are pretty low,” McDonald said. “And so looking at what we would expect to happen in November, unless something fundamentally changes in the country between now and then, we expect the Democrats to have a very good year.”

Schneider and Fischer write for the Associated Press.

Source link

Florida Gov. Ron DeSantis calls for special session on redistricting

Jan. 7 (UPI) — Florida Gov. Ron DeSantis issued a proclamation on Wednesday calling on the state Legislature to hold a special session for the purpose of redistricting its U.S. House seats.

The special session is to occur in April and will last no more than 20 consecutive days, unless extended by a three-fifths vote in each chamber, the proclamation says.

“Every Florida resident deserves to be represented fairly and constitutionally,” DeSantis said in a news release.

“Today, I announced that I will be convening a special session of the Legislature focused on redistricting to ensure that Florida’s congressional maps accurately reflect the population of our state and to comply with an upcoming U.S. Supreme Court ruling,” he said.

“This special session will take place after the regular legislative session, which will allow the Legislature to first focus on the pressing issues facing Floridians before devoting its full attention to congressional redistricting in April.”

He said the redistricting will better ensure that race is not a predominant factor in determining Florida’s federal congressional districts and cited a Supreme Court case challenging recent redistricting in Louisiana that created a congressional district comprising mostly of racial minority populations.

That case accuses Louisiana of violating the 14th and 15th Amendments to the U.S. Constitution by using race as a basis for creating congressional districts.

DeSantis’ proclamation says there is no law against the state redrawing its congressional district mid-decade, and a majority vote in both chambers of Florida’s bicameral Legislature is required to legally redraw the districts ahead of the 2026 mid-term elections.

Florida has 28 U.S. House seats after gaining one in 2022 as a result of the 2020 census, with Republicans holding 20 seats and Democrats eight.

Florida’s redistricting effort comes after several other states have announced their intent to do the same or already have, with Texas and California being the most-publicized efforts.

Source link

Seoul calls for freeze of North’s nuclear programme, Chinese mediation | Nuclear Weapons News

South Korean President Lee ‍Jae Myung proposes a halt to Pyongyang’s nuclear programme in exchange for ‘compensation’.

South Korean President Lee ‍Jae Myung has said he has asked his Chinese counterpart Xi Jinping to play a mediation role as his government seeks to improve relations with the North and restart talks over its nuclear programme.

Speaking in Shanghai on Wednesday, at the end of a four-day state visit to China, Lee proposed a freeze in Pyongyang’s nuclear programme in exchange for “compensation or some form of return”.

Recommended Stories

list of 4 itemsend of list

“Just stopping at the current level – no additional production of nuclear weapons, no transfer of nuclear materials abroad, and no further development of ICBMs – would already be a gain,” Lee told journalists following meetings with top Chinese officials, including his second meeting with Xi in two months.

“If that stage is achieved, then in the medium term we can move toward gradual reduction,” Lee added. “In the long term, we must not give up the goal of a nuclear-free Korean Peninsula.”

South Korean President Lee Jae Myung and his wife Kim Hye-kyung arrive at Seoul Air base as they leave for Beijing, in Seongnam, South Korea
South Korean President Lee Jae Myung and his wife Kim Hye-kyung arrive at Seoul airbase as they leave for Beijing, in Seongnam, South Korea, on Sunday [Kim Hong-Ji/Reuters]

Lee was speaking to reporters on the final day of his trip, which was the first state visit by a South Korean leader to China in six years.

The visit aimed to reset relations between the countries following a rocky period in recent years due to a dispute over the deployment in South Korea of a United States missile defence system in ⁠2017.

Lee told reporters that much progress had been made in restoring trust and that he had told Xi he would “like China to play a mediating role on issues related to the Korean Peninsula, including North Korea’s nuclear programme”.

“All our channels are completely blocked,” Lee said. “We hope China can serve as … a mediator for peace.”

Xi had urged Seoul to show “patience” in its dealings with Pyongyang, given how fraught ties between the two Koreas have become, Lee added.

“And they’re right. For quite a long period, we carried out military actions that North Korea would have perceived as threatening,” Lee said.

South Korea’s ousted former President Yoon Suk-yeol has been indicted for allegedly trying to provoke military aggression from North Korea in a bid to help him consolidate power.

On Monday, Pyongyang confirmed it had carried out test flights of hypersonic missiles, with leader Kim Jong Un saying it was important to “expand the … nuclear deterrent” in light of “the recent geopolitical crisis” – an apparent reference to Washington’s attacks on Venezuela and its abduction of Venezuelan President Nicolas Maduro.

Source link

Petro calls on Colombians to defend sovereignty amid Trump threats

Colombian President Gustavo Petro called for a nationwide mobilization Wednesday and urged citizens to “defend sovereignty,” in response to statements by U.S. President Donald Trump that left open the possibility of military intervention. Photo by Carlos Ortega/EPA

Jan. 6 (UPI) — Colombian President Gustavo Petro has called for a nationwide mobilization Wednesday and urged citizens to “defend sovereignty,” responding to statements by the U.S. President Donald Trump that in Colombia have been widely interpreted as threats of intervention and direct attacks against the head of state.

The call, posted by Petro on X and echoed by government officials and political allies, urges rallies in public squares across the country starting at 4 p.m. local time, with the main protest planned for Bogota’s Plaza de Bolivar, the historic square that houses Colombia’s main government institutions. Petro said he will address the crowd.

The escalation follows remarks by Trump in which he referred to Petro in disparaging terms, accused him of backing drug production and left open the possibility of military action, according to reports by Colombian media.

In recent comments, Trump said a military operation against Colombia “sounds good,” following a U.S. military incursion in Venezuela. He also accused Petro of links to drug trafficking and said Colombia is “very sick.”

Petro publicly rejected the accusations and framed the dispute as a matter of national sovereignty. He said he would carefully assess the scope of Trump’s words before issuing a broader response but insisted that dialogue should be “the first path” and defended the legitimacy of his government.

“Although I have not been a soldier, I know about war and clandestinity. I swore not to touch a weapon again after the 1989 peace pact, but for the homeland, I would take up arms again, which I do not want,” Petro wrote, referring to the agreement that led to the demobilization of the M-19 guerrilla movement in which he once participated.

“I am not illegitimate, nor am I a drug trafficker. I own only my family home, which I am still paying for with my salary. My bank statements have been made public. No one has been able to say I have spent more than my salary. I am not greedy,” he added.

Separately, Colombia’s Foreign Ministry issued a statement after remarks attributed to Trump on Sunday and said it rejects what it considers unacceptable interference in matters of sovereignty and bilateral relations.

Vice President Francia Marquez joined those describing Trump’s statements as “threats” and called on Colombians to defend national sovereignty, according to local radio reports.

Demonstrations planned for Wednesday are expected in cities including Bogota, Medellin, Cali, Bucaramanga, Cartagena and Santa Marta, with calls to gather in central squares.

Petro described the protests as “peaceful” and urged Colombians to fly the national flag at their homes and bring it to public squares, El Espectador reported. He warned of the risks of military escalation and reiterated that the armed forces must follow their constitutional mandate to defend sovereignty.

The episode unfolds amid regional upheaval linked to Venezuela’s crisis and rising diplomatic tensions in Latin America.

According to daily El Tiempo, the situation has pushed Petro’s government to return to street mobilization as a political tool while Bogota seeks to manage relations with Washington without losing internal control.

Source link

Venezuela’s Maduro and Flores Plead Not Guilty in US Court as New National Assembly Calls for Unity

The National Assembly swore-in Delcy Rodriguez as interim president. (Prensa presidencial)

Caracas, January 5, 2026 (venezuelanalysis.com) – Venezuelan President Nicolás Maduro and First Lady Cilia Flores have pleaded not guilty to charges of “narcoterrorism” after being arraigned on Monday.

During a short session in a New York court, Maduro told Judge Alvin Hellerstein that he was the president of Venezuela and had been “illegally captured” in his Caracas home.

The Venezuelan leader was kidnapped by US special operations forces in the early hours of January 3 following US bombings against military installations.

He was indicted on charges of “narcoterrorism conspiracy, cocaine importation conspiracy, possession of machineguns and destructive devices, and conspiracy to possess machineguns and destructive devices against the United States.” Flores faces the same charges except narco-terrorism conspiracy.

Maduro is being represented by Barry Pollack, who previously defended Wikileaks founder Julian Assange. Pollack did not request bail but questioned the legality of Maduro’s “military abduction” and stressed that the Venezuelan leader is “entitled to the privilege” of being treated like a head of state.

Flores’ attorney, Mark Donnelly, said that her client had sustained “significant injuries during her abduction” and requested that she receive medical attention.

The trial is set to resume with a hearing on March 17.

US officials have issued repeated “narcoterrorism” accusations against Maduro and other high-ranking Venezuelan leaders over the years. However, they have never produced court-tested evidence to sustain the claims. US prosecutors reportedly withdrew claims of Maduro leading the so-called “Cartel de los Soles” in their indictment.

Drug trafficking reports over the years from the United Nations Office on Drugs and Crime (UNODC) and the US Drug Enforcement Agency (DEA) have found Venezuela to play a marginal role in global narcotics trafficking.

China and Russia condemn US violations of international law

The United Nations Security Council (UNSC) held an emergency session on Monday to address Washington’s military attacks and kidnapping of Maduro and Flores. The session ultimately produced no resolutions.

Russian UN Ambassador Vasily Nebenzya accused Washington of seeking to return the world to “an era of lawlessness.”

“We cannot allow the United States to proclaim itself as some kind of a supreme judge with the right to invade any country and hand down punishments with no regard for international law,” Nebenzya said.

Chinese representative Fu Cong accused the US of “trampling Venezuela’s sovereignty” and demanded that the Trump administration cease its “bullying and coercive practices.”

Both Moscow and Beijing labeled Maduro’s abduction a violation of the UN Charter and demanded the Venezuelan leader’s release. Brazil, Colombia, Mexico, and several other nations joined the condemnation of the Trump administration’s military operations against Venezuela.

For his part, Venezuelan UN Ambassador UN Samuel Moncada decried the “illegal and  illegitimate armed attack” against his country that had caused civilian casualties. Unofficial reports have tallied over 80 killed during the January 3 strikes.

In response, US representative Mike Waltz claimed that Washington was not at war with Venezuela and that the military operations constituted a “law enforcement” action.

Delcy Rodríguez sworn in as interim president

Monday likewise saw the Venezuelan National Assembly take office for a new five year term. 277 deputies, elected in the May 2025 elections, were sworn in. Jorge Rodrìguez was once more chosen by his peers to lead the legislative body. During his speech, he emphasized the importance of national unity in the present context.

Rodríguez stated that his main mission is to secure Maduro’s release and return to the South American nation. He likewise pointed out the absence of Cilia Flores, who was also elected to a new term as legislator.

The January 5 session concluded with the swearing in of Vice President Delcy Rodríguez as interim president following a Supreme Court ruling last Saturday.

“This is a historic commitment that I assume with the certainty that national unity and the people’s strength will guarantee our sovereignty,” she said. Rodríguez expressed “pain” over Maduro and Flores’ kidnapping but vowed to “work tirelessly” for peace.

In the wake of the January 3 attacks, US President Donald Trump has issued renewed threats against Caracas, demanding privileged access to oil resources.

In a Sunday cabinet meeting, Rodríguez urged respect for Venezuelan sovereignty and called on the US government to establish an “agenda of cooperation” with Caracas.

Source link

UN chief Guterres calls on Israel to reverse NGO ban in Gaza, West Bank | United Nations News

Guterres says pending ban targets groups ‘indispensable to life-saving’ work, undermines ceasefire progress.

United Nations Secretary-General Antonio Guterres has called on Israel to reverse a pending ban on 37 nongovernmental organisations (NGOs) working in Gaza and the occupied West Bank.

In a statement on Friday, Guterres called the work of the groups “indispensable to life-saving humanitarian work”, according to spokesperson Stephane Dujarric. He added that the “suspension risks undermining the fragile progress made during the ceasefire”.

Recommended Stories

list of 3 itemsend of list

Israel banned the humanitarian groups for failing to meet new registration rules requiring aid groups working in the occupied territory to provide “detailed information on their staff members, funding and operations”. It has pledged to enforce the ban starting March 1.

Experts have denounced the requirements as arbitrary and in violation of humanitarian principles. Aid groups have said that providing personal information about their Palestinian employees to Israel could put them at risk.

The targeted groups include several country chapters of Doctors Without Borders (known by its French acronym, MSF), the Norwegian Refugee Council, and the International Rescue Committee.

To date, Israel has killed about 500 aid workers and volunteers in Gaza throughout its genocidal war. All told, at least 71,271 Palestinians have been killed in Gaza since October 7, 2023.

In his statement, Guterres said the NGO ban “comes on top of earlier restrictions that have already delayed critical food, medical, hygiene and shelter supplies from entering Gaza”.

“This recent action will further exacerbate the humanitarian crisis facing Palestinians,” he said.

Nearly all of Gaza’s population has been displaced throughout the war, with many still living in tents and temporary shelters.

Israel had maintained severe restrictions on aid entering the enclave prior to a ceasefire going into effect in October. Under the deal, Israel was meant to provide unhindered aid access.

But humanitarian groups have said Israel has continued to prevent adequate aid flow. Ongoing restrictions include materials that could be used to provide better shelter and protection from flooding amid devastating winter storms, according to the UN.

Earlier on Friday, the foreign ministers of Qatar, Egypt, Jordan, Saudi Arabia, the United Arab Emirates, Turkiye, Pakistan and Indonesia warned that “deteriorating” conditions threatened to take even more lives in Gaza.

“Flooded camps, damaged tents, the collapse of damaged buildings, and exposure to cold temperatures coupled with malnutrition, have significantly heightened risks to civilian lives,” they said in a statement.

They called on the international community “to pressure Israel, as the occupying power, to immediately lift constraints on the entry and distribution of essential supplies including tents, shelter materials, medical assistance, clean water, fuel, and sanitation support”.

Source link

Leaked calls reveal plot by al-Assad regime officers to destabilise Syria | Syria’s War News

An Al Jazeera Arabic investigation obtains recordings of Suheil al-Hassan discussing Israeli support, regrouping efforts.

An Al Jazeera Arabic investigation has uncovered a plot by the aides of ousted leader Bashar al-Assad to destabilise Syria, featuring leaked recordings that suggest coordination with Israel.

The revelations, set to be broadcast on the programme Al-Mutahari, or The Investigator, on Wednesday evening, are based on more than 74 hours of leaked audio recordings and hundreds of pages of documents obtained in the investigation.

The leaks implicate al-Assad’s high-ranking officers, specifically Suheil al-Hassan, the brigadier-general who commanded the notorious Quwwat al-Nimr (Tiger Forces), an elite unit in the former regime’s army.

‘Israel will stand with you’

The investigation uncovers attempts by these officers to regroup, gather funding, and secure weapons to undermine stability in the country following the ousting of al-Assad.

In one of the most significant recordings, a source — identified in the leaks as a hacker or intermediary — is heard assuring al-Hassan of Israeli backing.

“The State of Israel, with all its capabilities, will stand with you,” the source tells al-Hassan.

“There is a level higher than me, Mr Rami is the one who coordinates,” al-Hassan is heard saying. “And I have dangerous intelligence information.”

It has been a year since a lightning offensive by allied rebel groups, led by current President Ahmed al-Sharaa, ended the Assad dynasty’s 54-year reign, forcing Bashar al-Assad into Russian exile.

Yet, as the regime collapsed, Israel seized on the instability by significantly escalating its military campaign in Syria, targeting much of its neighbour’s military infrastructure, including main airports, air defence systems, fighter planes, and other strategic facilities, as well as occupying more of Syria’s Golan Heights, and bombing the capital, Damascus, in July.

Over the past year, Israel has launched more than 600 air, drone or artillery attacks across Syria, averaging nearly two a day, according to a tally by the Armed Conflict Location and Event Data (ACLED).

‘The feeling of the coast’

The recordings also feature Ghiath Dalla, a former brigadier-general in al-Assad’s forces, who appears to validate al-Hassan’s position as a representative of the regime’s traditional strongholds.

“My Master, Suheil the Tiger, spoke the feeling of the whole mountain and the whole coast,” Dalla is heard saying, referring to the coastal and mountainous regions that were long considered the heartland of support for the al-Assad family.

The leaked conversations also capture al-Hassan expressing disdain for current developments, referred to as “the flood”.

“Our prayers for you all are that this foolishness, this evil, and this blackness called the flood ends,” al-Hassan says in the recording.

Investigation to air

The full extent of the plot will be detailed in the upcoming episode of The Investigator, hosted by Jamal el-Maliki.

Parts of the leaks are airing on Al Jazeera’s platforms on Wednesday, with the complete investigation scheduled for release in mid-January.

Source link

Turkiye’s Erdogan calls Israel’s Somaliland recognition ‘unacceptable’ | Politics News

Somali President Hassan Sheikh Mohamud has accused Israel of violating international law and of ‘illegal aggression’.

Turkish President Recep Tayyip Erdogan has condemned Israel’s decision to recognise Somaliland as a sovereign state, calling the move “illegitimate and unacceptable”.

At a joint news conference with Somali President Hassan Sheikh Mohamud in Ankara on Tuesday, Erdogan warned that Israel’s recognition of the breakaway region of Somalia could destabilise the Horn of Africa.

Recommended Stories

list of 4 itemsend of list

He added that Turkiye and Somalia were deepening energy cooperation after promising signs from joint offshore exploration efforts.

“Preserving the unity and integrity of Somalia in all circumstances holds special importance in our view. Israel’s decision to recognise Somaliland is illegitimate and unacceptable,” Erdogan said.

“The Netanyahu government has the blood of 71,000 of our Palestinian brothers and sisters on its hands. Now it is trying to destabilise the Horn of Africa as well, after its attacks on Gaza, Lebanon, Yemen, Iran, Qatar and Syria,” he added, referring to Israel’s genocidal war on Gaza.

Israel became the first and only country to formally recognise Somaliland last Friday, describing the move as being in the spirit of the Abraham Accords, which normalised ties between Israel and several Arab nations.

Somalis step on a torn image depicting Israeli Prime Minister Benjamin Netanyahu during a demonstration after Israel became the first country to formally recognise the self-declared Republic of Somaliland
Somalis step on an image depicting Israeli Prime Minister Benjamin Netanyahu during a demonstration in Mogadishu [Feisal Omar/Reuters]

‘Illegal aggression’

Somaliland unilaterally declared independence from Somalia in 1991, following the collapse of the central government after a civil war. Despite maintaining its own currency, passport and army, it has failed to gain international recognition.

Standing alongside Ergogan, Mohamud accused Israel of “illegal aggression”, saying the recognition breaches the United Nations charter and African Union agreements.

“Israel is exporting its problems in Gaza and Palestine, and it is trying to divert the attention of the entire world, including the Arab and Islamic world,” he later told Al Jazeera in an interview.

“Israel will resort to forcibly displacing Palestinians in Somalia. It also wants to control strategically important waterways that connect vital seas, both commercially and economically, between the Red Sea, the Gulf, and the Gulf of Aden.”

Destabilising Africa

Mohamud warned that the move would have international consequences and also said it could mark the beginning of instability in the Horn of Africa, particularly in Somalia.

He recalled that Turkiye had previously played a mediating role between Somalia and Somaliland and continues to support efforts to resolve the dispute peacefully.

Abdinor Dahir, an independent researcher, said that Turkiye has invested heavily in Somalia, supporting its security forces and political process, while mediating talks between Somalia and Somaliland.

Israel’s recognition “threatens Turkiye’s economic interests” and presence in the country and “poses a direct challenge to Somalia’s sovereignty”, he told Al Jazeera.

Dahir warned that Somalia, which has endured years of civil war and continues to fight armed groups including al-Shabab and ISIL (ISIS), has made progress on security, which could be undermined by the move.

The recognition risks “destabilising the wider African region, and could transfer the Middle East conflict into the Horn of Africa”, he said.

Source link

Lincoln Riley calls out Notre Dame for refusing to play USC

The century-old rivalry series between USC and Notre Dame is taking a few years off, and as far as Lincoln Riley is concerned, that’s the fault of the Irish.

In his first public comments since the series was officially put on hiatus, the USC coach put the blame squarely on Notre Dame for not accepting USC’s most recent offer to continue the rivalry, which would have moved the 2026 game, usually scheduled in November, to the very beginning of the season.

“It’s pretty simple,” Riley said Monday, ahead of USC’s bowl matchup with Texas Christian. “We both worked for months to try to find a solution. Notre Dame was very vocal about the fact that they would play us anytime, anywhere.

“Jen Cohen, our AD, went back to Notre Dame roughly a couple of weeks ago with a scenario and a proposal that would extend the series for the next two years. We took Notre Dame at their word that they would play us anytime, anywhere. That proposal was rejected.

“Not only was it rejected, but five minutes after we got the call, it was announced they scheduled another opponent, which I’ll give them credit, that might be the fastest scheduling act in college football history.”

The Times reported last week that the Playoff selection earlier this month proved to be a turning point for USC’s administration in talks with Notre Dame. The realization that the Irish — by virtue of a side agreement with the College Football Playoff committee that hands them a bid if ranked in the top 12 — would have gotten into the field over Miami especially gave USC pause.

That’s when Cohen returned to Notre Dame athletic director Pete Bevacqua with an offer for the rivals to face off in the season opener. Notre Dame instead scheduled Brigham Young to fill that vacancy over the next two seasons.

Riley has been roundly criticized for his part in the rivalry’s potential demise after he suggested in August 2024 that the annual series could be in danger, if USC proved too much of a hurdle in the Trojans’ path to the College Football Playoff.

In the spring, as negotiations between the two schools stalled and the public pointed fingers at Riley and USC, Notre Dame coach Marcus Freeman said that continuing the rivalry was “pretty black and white for me.”

“I want to play them every single year,” Freeman said. “You want my opinion? I want to play them every single year. When? I don’t care. I don’t care when we play them: Start of the season, middle of the season, end of the season. I don’t care. I want to play USC every year because I think it’s great for college football.”

After initially holding firm on its intent to renegotiate terms of the rivalry year-to-year, so as to wait on changes to the College Football Playoff format, USC sent an amended offer to Notre Dame before the season that would have extended the series for two seasons. But Notre Dame wanted a longer deal.

The two schools nearly came to an agreement in October, around their final meeting in South Bend. USC had made clear that it wanted to play the game earlier in the season, but was warming up to the idea of continuing the series as is through 2027.

USC decided to dig its heels in after Selection Sunday, returning to USC with a final offer to play early in the 2026 season. Notre Dame declined.

“The fact is very, very clear, this can all be settled very quickly,” Riley said. “Had Notre Dame lived up to their word and played us anytime, anywhere, we would be playing in the next two years, and looking ahead after that, hopefully continuing the series.

“They did not follow through on it, thus we are not playing them the next couple years. We’re hopeful something can be worked out in the future. That would be fantastic. We at SC would love for the game to continue. We have no problem following through on our promises in the future.”

It’ll be a while before those negotiations start up again. The next window in which USC could play Notre Dame is during the 2030 season.

Source link

Tents flooded by heavy rains in Gaza amid calls for Israel to let in aid | Israel-Palestine conflict News

Severe weather conditions are bringing further misery to displaced Palestinians in Gaza, who have already suffered relentless bombardment, siege and loss in Israel’s genocidal war for more than two years, as Israel continues to block critical shelter and aid supplies into the territory.

Flimsy tents were flooded and makeshift camps engulfed in mud on Monday following heavy winter rains lashing the enclave in recent days.

Recommended Stories

list of 4 itemsend of list

The harsh conditions have added to the suffering of Palestinians in Gaza, most of whom are reduced to sheltering in tents and other makeshift structures since Israel’s war destroyed an estimated 80 percent of the buildings there.

Officials are warning that severe conditions also bring new dangers, with the threat of disease and illness as overwhelmed and damaged sewage systems contaminate floodwaters, and the risk that damaged buildings could collapse amid heavy rainfall.

On Sunday, a 30-year-old woman was killed when a partially destroyed wall collapsed onto her tent in the Remal neighbourhood to the west of Gaza City amid fierce winds, Al Jazeera Arabic reported.

Officials have warned people not to shelter in damaged buildings, but the tents offer limited protection from the heavy rain and no real protection against flooding.

At least 15 people, including three babies, have died this month from hypothermia following the rains and plunging temperatures, according to the authorities in Gaza.

Two-month-old baby Arkan Firas Musleh was the latest infant to die as a result of the extreme cold.

Contaminated floodwater

Reporting from Gaza City’s Zeitoun neighbourhood, where most of the buildings have been reduced to rubble by Israeli attacks, Al Jazeera’s Hind Khoudary said the heavy rains had created deep puddles and thick mud that was difficult to pass in places.

“People are struggling to walk in those mud puddles,” she said. “These are not only water, but it’s also sewage, rubbish.”

A team of municipal workers were trying to pump sewage from the overwhelmed network, amid reports of flooded tents from residents.

“Families are saying that sewage water has been coming into their tents,” she said.

Calls for aid deliveries

Aid groups have called for the international community to pressure Israel to lift restrictions on life-saving aid deliveries into the territory, which they say are falling far short of the amount called for under the US-brokered ceasefire.

“More rain. More human misery, despair and death,” Philippe Lazzarini, commissioner-general of UNRWA, the top United Nations group overseeing aid in Gaza, wrote on social media on Sunday.

“Harsh winter weather is compounding more than two years of suffering. People in Gaza are surviving in flimsy, waterlogged tents and among ruins.”

There was “nothing inevitable about this”, he added. “Aid supplies are not being allowed in at the scale required.”

More Israeli attacks

Meanwhile, despite the ceasefire that came into effect on October 10, Israeli attacks on Palestinians have continued in Gaza.

Three Palestinians were injured on Monday when Israeli forces targeted the Jabalia camp in northern Gaza, a medical source told Al Jazeera Arabic.

Witnesses said the attack happened in an area from which Israeli forces had withdrawn under the ceasefire agreement.

Witnesses also reported an Israeli air raid on the eastern areas of the Bureij camp in central Gaza, artillery shelling east of Rafah and further Israeli attacks east of Gaza City, Al Jazeera Arabic reported.

A 20-point plan proposed by United States President Donald Trump in September called for an initial truce followed by steps towards a wider peace. So far, as part of the first phase, there has been the exchange of captives held in Gaza and prisoners in Israeli jails, and a partial withdrawal of Israeli forces from the enclave. However, it still occupies almost half of the territory.

However, Israeli attacks have not stopped, while humanitarian aid flows into the territory have not been what was promised.

Since the truce went into effect, more than 414 Palestinians have been killed and more than 1,100 wounded in ceasefire violations, according to Gaza’s Ministry of Health.

Source link

Victoria Beckham calls husband David ‘truly the best daddy’ amid Brooklyn feud as she shares sweet new Xmas video

VICTORIA Beckham gushed over her husband David Beckham as he continued a sweet family tradition with their daughter, Harper.

The former Spice Girl gave an insight into their family Christmas which they celebrated with their extended families and three of their four children, Cruz, Romeo and Harper.

David Beckham dances with daughter HarperCredit: INSTAGRAM/VICTORIA BECKHAM
They shared the Christmas dance to ‘Islands in the Stream’Credit: INSTAGRAM/VICTORIA BECKHAM
Victoria described David as the ‘best daddy’Credit: INSTAGRAM/david BECKHAM

Victoria shared a range of photos and videos from their festive Christmas, including a video of David dancing with Harper, 14, to the Kenny Rogers and Dolly Parton hit, Islands in the Stream.

David and his wife have long danced to the hit song at anniversary and birthday celebrations as a mark of their love, have even inspired a viral TikTok trend in 2024.

Now David is continuing the tradition with his daughter and they sung the lyrics as they danced, and the former England footballer then dipped Harper who held on and smiled.

“Truly the best daddy,” Victoria captioned the video which she shared to her Instagram stories.

united front

Inside the Beckhams’ Christmas without Brooklyn as they ‘send message’ to son


FESTIVE FEUD

Brooklyn Beckham spends Xmas with famous tennis star

Notably absent from their celebrations was the couple’s oldest son, Brooklyn and his wife, Nicola Peltz.

Brooklyn himself posted a Christmas Eve snap of his wife, declaring that she’s his “everything” amid the feud with his family.

The couple then spent Christmas Day hitting the courts with tennis  player Reilly Opelka, as well as Nicola’s brother Bradley.

The ongoing feud between Brooklyn and his family escalated this month when he blocked his famous parents on Instagram.

The move infuriated brother Cruz, 20, who addressed the drama – revealing that Brooklyn removed the entire family – including 14-year-old Harper – from his social media.

The musician confirmed his parents woke up to being banned from seeing Brooklyn’s profile, and said: “My mum and dad would never unfollow their son.

“They woke up blocked. As did I.”

Brooklyn’s wife Nicola is also not following any of the Beckham family on Instagram – weeks after the couple were absent from David’s long-awaited knighthood celebrations.

Meanwhile David and Victoria were not present for Brooklyn and Nicola’s New York wedding vow renewal in August.

The couple, who tied the knot in 2022, were last pictured with David and Victoria last Christmas.

Earlier this week, Brooklyn reportedly called for his parents to apologise to Nicola, with a source claiming: “There was a long briefing war where it was open season on Nicola. They (David and Victoria) targeted Nicola and thought that they could do so without consequences.

“You can’t inflict that much pain and damage on two people and then expect to pick up the relationship via a public social media post. The person who caused the pain does not get to decide when they declare it is over.

“If they want to make up then they need to apologise and acknowledge the pain caused and make changes to show that it is not going to happen again.”

Brooklyn Beckham and wife Nicola Peltz did not spend Christmas with his familyCredit: Getty
Victoria with son Cruz, who revealed Brooklyn had blocked them on social mediaCredit: instagram

Source link

S. Korea calls for China’s role in fostering conditions to resume talks with N. Korea

First Vice Foreign Minister Park Yoon-joo (L) poses with Chinese Executive Vice Foreign Minister Ma Zhaoxu during their strategic dialogue in Beijing on Thursday. South Korea called for China to play a role in resuming dialogue with North Korea. Photo courtesy of South Korea Foreign Ministry

South Korea on Thursday called on China to play a role in fostering conditions to resume dialogue with North Korea, with China reaffirming its commitment to ensuring stability on the Korean Peninsula, Seoul’s foreign ministry said.

First Vice Foreign Minister Park Yoon-joo made the call when he met with Ma Zhaoxu, China’s executive vice foreign minister, during the bilateral strategic dialogue in Beijing, the ministry said in a release.

The talks came as South Korea seeks to stably manage its ties with China, its largest trade partner and key economic benefactor of North Korea, amid the strategic rivalry between China and the United States, and Seoul’s drive to mend ties with Pyongyang.

“Vice Minister Park explained the government’s policy direction for peace and stability on the Korean Peninsula, and asked for China’s role in fostering conditions to resume dialogue with North Korea,” the ministry said in a release.

Ma reaffirmed that China will “continue its constructive role in ensuring peace and stability on the Korean Peninsula,” according to the ministry.

They also agreed to work together to enhance “political and friendly” mutual trust, continuing the positive momentum in bilateral relations to further develop their ties.

It marked the first such talks since the launch of the Lee Jae Myung government in June.

The two sides exchanged opinions on issues of mutual concern, including China’s steel structures built in the overlapping sea zone in the Yellow Sea. The steel towers have raised speculation that China has installed them to lay territorial claims to the area, as was done in the South China Sea.

Noting that bilateral relations have recovered with the recent summit talks between President Lee Jae Myung and Chinese President Xi Jinping in Gyeongju, they agreed to implement follow-up steps in a substantive manner, through robust exchanges both at the government and private sector levels.

They also discussed ways to revitalize cultural exchanges between the two countries in a way that will “narrow the emotional distance between their peoples,” the ministry said.

Although China has never officially confirmed it, it has restricted the inflow of Korean cultural content and exchanges between relevant industries, including K-pop concerts and Korean films.

Copyright (c) Yonhap News Agency prohibits its content from being redistributed or reprinted without consent, and forbids the content from being learned and used by artificial intelligence systems.

Source link

Survey finds strong demand-support calls from Korean small businesses

Outlook for next year’s business operations among South Korean small business owners, Dec. 16, 2025. Graphic by Asia Today and translated by UPI.

Dec. 16 (Asia Today) — Nearly half of South Korea’s small business owners say policies to boost domestic demand and consumer spending are the most urgently needed form of support, according to a new survey released Tuesday.

The Korea Federation of SMEs said 49.5% of respondents cited domestic demand and consumption stimulus as their top policy priority, according to its “Survey Results on Small Business Owners’ Management Status and Policy Tasks.”

The survey was conducted from Nov. 4 to 21 among 800 small businesses in daily life-related sectors, including wholesale and retail trade, lodging and food services, and manufacturing.

The results showed a largely pessimistic outlook for next year. About 89.3% of respondents said they expect business conditions to remain similar to this year (51.3%) or worsen (38.0%), while only 10.8% reported a positive outlook.

Asked about the biggest management burdens this year, respondents most frequently cited rising prices, including higher raw material and supply costs (56.3%), followed by declining sales due to weak domestic demand (48.0%), rising labor costs and labor shortages (28.5%), and loan repayment burdens (20.4%). Despite these pressures, 97.4% said they are not considering closing their businesses, which the federation attributed to the high share of livelihood-based startups, accounting for 91.4% of respondents.

The survey also found increased reliance on online platforms. The share of small business owners using online platforms rose 3.5 percentage points from a year earlier to 28.1%. Platform use was highest in the lodging and food service sector (44.3%), compared with wholesale and retail trade (20.3%) and manufacturing (15.5%). Among platform users, platform-based sales accounted for an average of 41.7% of total revenue, up 6.3 percentage points from a year earlier.

About 25.7% of respondents said their loan balances increased compared with the previous year, with the average interest rate on current loans at 4.4%. Among small business owners with loans, 90.4% said interest and principal repayments were burdensome.

Assessing the effectiveness of domestic demand stimulus policies implemented this year, 52.3% of respondents in the lodging and food service sector said they felt policy effects, compared with 18.0% in wholesale and retail trade and 8.5% in manufacturing. Among those who reported effects, 65.4% said the impact was temporary, while 19.7% cited short-term sales increases.

Looking ahead, respondents said future consumption-promotion policies should focus on concentrating spending in local commercial districts (41.8%), expanding the scale and duration of support (31.8%), and strengthening policy promotion (24.5%).

When asked about the most urgent tasks for the National Assembly or government, respondents cited stimulating consumption and reviving local economies (52.1%), addressing rising labor costs and labor shortages (45.0%), easing loan burdens caused by high interest rates (42.8%), and reducing energy costs (26.3%).

Choo Moon-gap, head of the Economic Policy Division at the Korea Federation of SMEs, said persistent inflation, weak domestic demand and a high exchange rate have worsened business conditions for small business owners. While consumption-stimulating measures such as livelihood recovery coupons have had some effect, he said, mid- to long-term growth policies that small business owners can clearly feel are also needed.

– Reported by Asia Today and translated by UPI.

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Source link