SEOUL // South Korean MPs voted to impeach president Park Geun-Hye on Friday, stripping away her sweeping executive powers over a corruption scandal and opening a new period of national uncertainty.
The national assembly vote immediately transferred Ms Park’s authority to the prime minister, pending a decision by the constitutional court on whether to ratify the decision and permanently remove the president from office.
A ruling could take up to six months, during which time Ms Park, 64, will keep the title of “president” and continue to receive all of the perks that come with the position. She will keep living at the presidential Blue House, using her official car and plane, collecting the same monthly salary – reportedly about US$15,000 (Dh55,096) – and receiving round-the-clock security.
But with nothing officially to do, it’s uncertain how she’ll spend her days.
In 2004, when liberal president Roh Moo-Hyun was impeached by MPs after being accused of minor election law violations and incompetence, he spent his time at the Blue House reading books and newspapers and mountain-climbing with journalists, according to South Korean media.
The constitutional court restored Mr Roh’s powers about two months later, however, ruling that his wrongdoings weren’t serious enough to justify his unseating.
The chances of the court reinstating Ms Park, however, are considered low because the charges against her – constitutional and criminal violations ranging from a failure to protect people’s lives to bribery and abuse of power – are much graver.
South Koreans, meanwhile, are left facing an extended stretch of political anxiety and policy paralysis at a time of slowing economic growth, rising unemployment and elevated military tensions with nuclear-armed North Korea.
“I’d like to say that I’m deeply sorry to the people because the nation has to experience this turmoil because of my negligence and lack of virtue at a time when our security and economy both face difficulties,” Ms Park said after the vote, before a closed-door meeting with her cabinet where she and other aides reportedly broke down in tears.
The result means prime minister Hwang Kyo-Ahn, a former prosecutor who has never held elected office, suddenly finds himself in charge of Asia’s fourth largest economy and supreme commander of its armed forces.
In a televised address just hours after the vote, Mr Hwang, 59, stressed that the country was primed to respond to any North Korean provocation.
“The government will maintain a watertight national defence posture,” Mr Hwang said, pledging to keep the country safe and prosperous.
“We will stabilise the financial and currency markets and make efforts to maintain South Korea’s sovereign ratings,” he added.
But Mr Hwang comes with his own baggage. Seen by critics as a stiff and uncompromising defender of Ms Park, last month he suggested that he was to blame for the scandal raging around the president because he had failed to support her properly.
The motion to impeach Ms Park was adopted by 234 votes to 56, easily securing the required two-thirds majority in the 300-seat chamber. The vote stripped the president of her powers as commander-in-chief of South Korea’s 630,000-member military, and her ability to appoint officials, sign treaties with foreign countries and carry out special pardons of inmates. She also cannot preside over meetings of presidential secretaries.
News of the vote triggered wild celebrations among hundreds of anti-Park activists gathered outside the national assembly.
“This is a great moment,” said a beaming Kim Jun-Hweh, 21. “This is what we wanted, and we want her kicked out of the Blue House now.”
MPs from both main parties faced huge pressure to act against Ms Park, the daughter of a military dictator still revered by many conservatives for lifting the country out of poverty in the 1960s and 1970s.
Her approval ratings had plunged to 4 per cent, the lowest among South Korean leaders since democracy arrived in the late 1980s, and even elderly conservatives who once made up her political base have distanced themselves from her. An opinion survey released earlier on Friday showed 81 per cent of respondents supported Ms Park’s impeachment.
The push for impeachment was driven by massive protests that saw millions take to the streets of Seoul and other cities in recent weeks, demanding Ms Park’s ouster.
“This has been an honourable civil revolution in which our people defeated an incompetent leader,” the president of the main opposition Democratic Party said after the vote.
The scandal that felled Ms Park focused on her friendship with long-time confidante Choi Soon-Sil.
Ms Choi is awaiting trial on charges of meddling in state affairs and using her Blue House connections to force dozens of conglomerates to donate around US$70 million to two foundations she controlled.
In a first for a sitting South Korean president, Ms Park has been named a “suspect” by prosecutors investigating the case.
It has been a startling fall from grace for a politician who had run for the Blue House as an incorruptible candidate, declaring herself beholden to nobody and “married to the nation”.
But the latest scandal around Ms Park comes after years of frustration from opponents over a leadership style that inspired comparisons to her father, Park Chung-Hee. Critics saw in Ms Park an unwillingness to tolerate dissent as her government cracked down on press freedom, pushed to dissolve a leftist party and allowed aggressive police suppression of anti-government protests, which saw the death of an activist in 2016.
She also was heavily criticised over her government’s handling of a 2014 ferry sinking that killed more than 300 people, most of them schoolchildren.
* Agence France-Presse, Associated Press
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The major Hashd factions linked to Iran:
Badr Organisation: Seen as the most militarily capable faction in the Hashd. Iraqi Shiite exiles opposed to Saddam Hussein set up the group in Tehran in the early 1980s as the Badr Corps under the supervision of the Iran Revolutionary Guards Corps (IRGC). The militia exalts Iran’s Supreme Leader Ali Khamenei but intermittently cooperated with the US military.
Saraya Al Salam (Peace Brigade): Comprised of former members of the officially defunct Mahdi Army, a militia that was commanded by Iraqi cleric Moqtada Al Sadr and fought US and Iraqi government and other forces between 2004 and 2008. As part of a political overhaul aimed as casting Mr Al Sadr as a more nationalist and less sectarian figure, the cleric formed Saraya Al Salam in 2014. The group’s relations with Iran has been volatile.
Kataeb Hezbollah: The group, which is fighting on behalf of the Bashar Al Assad government in Syria, traces its origins to attacks on US forces in Iraq in 2004 and adopts a tough stance against Washington, calling the United States “the enemy of humanity”.
Asaeb Ahl Al Haq: An offshoot of the Mahdi Army active in Syria. Asaeb Ahl Al Haq’s leader Qais al Khazali was a student of Mr Al Moqtada’s late father Mohammed Sadeq Al Sadr, a prominent Shiite cleric who was killed during Saddam Hussein’s rule.
Harakat Hezbollah Al Nujaba: Formed in 2013 to fight alongside Mr Al Assad’s loyalists in Syria before joining the Hashd. The group is seen as among the most ideological and sectarian-driven Hashd militias in Syria and is the major recruiter of foreign fighters to Syria.
Saraya Al Khorasani: The ICRG formed Saraya Al Khorasani in the mid-1990s and the group is seen as the most ideologically attached to Iran among Tehran’s satellites in Iraq.
(Source: The Wilson Centre, the International Centre for the Study of Radicalisation)
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Starring: Mirfat Amin, Boumi Fouad and Tariq Al Ibyari
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Name: Kumulus Water
Started: 2021
Founders: Iheb Triki and Mohamed Ali Abid
Based: Tunisia
Sector: Water technology
Number of staff: 22
Investment raised: $4 million
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La Mer lowdown
La Mer beach is open from 10am until midnight, daily, and is located in Jumeirah 1, well after Kite Beach. Some restaurants, like Cupagahwa, are open from 8am for breakfast; most others start at noon. At the time of writing, we noticed that signs for Vicolo, an Italian eatery, and Kaftan, a Turkish restaurant, indicated that these two restaurants will be open soon, most likely this month. Parking is available, as well as a Dh100 all-day valet option or a Dh50 valet service if you’re just stopping by for a few hours.
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Price, base: Dh141,740 (three-door) / Dh165,900 (five-door)
Engine: 1.5-litre four-cylinder (Cooper) / 2.0-litre four-cylinder (Cooper S)
Power: 136hp @ 4,500rpm (Cooper) / 192hp @ 5,000rpm (Cooper S)
Torque: 220Nm @ 1,480rpm (Cooper) / 280Nm @ 1,350rpm (Cooper S)
Transmission: Seven-speed automatic
Fuel consumption, combined: 4.8L to 5.4L / 100km
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Robo-advisers use an online sign-up process to gauge an investor’s risk tolerance by feeding information such as their age, income, saving goals and investment history into an algorithm, which then assigns them an investment portfolio, ranging from more conservative to higher risk ones.
These portfolios are made up of exchange traded funds (ETFs) with exposure to indices such as US and global equities, fixed-income products like bonds, though exposure to real estate, commodity ETFs or gold is also possible.
Investing in ETFs allows robo-advisers to offer fees far lower than traditional investments, such as actively managed mutual funds bought through a bank or broker. Investors can buy ETFs directly via a brokerage, but with robo-advisers they benefit from investment portfolios matched to their risk tolerance as well as being user friendly.
Many robo-advisers charge what are called wrap fees, meaning there are no additional fees such as subscription or withdrawal fees, success fees or fees for rebalancing.
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Seth Rollins beat Baron Corbin to retain his WWE Universal title
Finn Balor defeated Andrade to stay WWE Intercontinental Championship
Shane McMahon defeated Roman Reigns
Lars Sullivan won by disqualification against Lucha House Party
Randy Orton beats Triple H
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The Undertaker beat Goldberg
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Fixture: Thailand v UAE, Tuesday, 4pm (UAE)
TV: Abu Dhabi Sports
The figures behind the event
1) More than 300 in-house cleaning crew
2) 165 staff assigned to sanitise public areas throughout the show
3) 1,000 social distancing stickers
4) 809 hand sanitiser dispensers placed throughout the venue
UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
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Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions