CCTV News,On April 11th,South Korean Prime Minister Han Deju, Secretary General of the Presidential Office, Policy Director, and Chief Secretary have all resigned. Earlier that day, the vote counting for the 22nd National Assembly elections in South Korea was completed, and the ruling party suffered a disastrous defeat. The largest opposition party, the Democratic Party of Korea and its satellite party, won a total of 175 seats, continuing to maintain its position as the largest party in the parliament.

It is reported that,Across South KoreaAmong the 254 constituencies, the largest opposition party, the Common Democratic Party, won in 161 constituencies. Among the 300 seats in the National Assembly, the opposition parties, the Common Democratic Party and the Democratic United Party, hold a total of 175 seats, the ruling parties, the National Power Party and the National Future Party, hold 108 seats, the National Reform Party holds 12 seats, the Reform and Reform Party holds 3 seats, and the New Future Party and the Progressive Party each hold 1 seat.

This parliamentary election is believed to be led by South Korean President Yoon Seok yeolThe watershed will have a significant impact on the power structure of Congress and the operation of the current government.Yin Xiyue'sThe governance of the country will face numerous obstacles, and the inability to restore a majority in Congress may result in him being unable toDuring the remaining three years of his five-year term, he became a "lame duck". Some argue that in this situation, while restoring the morale of the ruling party, Yin Xiyue maymeetingSeeking a connection between national interests and the opposition camp, seekingHe may carry out presidential and cabinet reshuffles for the purpose of "co governance".

02Vietnamese richest woman sentenced to death for corruption

Ho Chi Minh City News,April 11th, VietnamThe People's Court of Ho Chi Minh City issued a verdict,67 year old Zhang Meilan was found guilty of corruption, bribery, and violating credit institution loan regulations. Among them, she was sentenced to death for corruption and 20 years in prison for the other two charges, with a total penalty of death. according tocorrelationControl, Zhang Meilan is in chargeBetween February 2018 and October 2022, a total of 304 trillion Vietnamese dong was embezzled from Saigon Commercial Bank,This amount has exceeded the market value of most commercial banks in Vietnam,Equivalent toVietnamIn 2022, the gross domestic product was nearly 3%.

It is reported that,The death penalty is not uncommon in Vietnam, but it is relatively rare in financial crimes. Zhang Meilan is available atAppeal within 15 days,howeverBefore the judgment is announced,One of her family members claimed that regardless of the verdict, Zhang Meilan would appeal. Zhang Meilan is one of the defendantsMiddle,The only one who pleads not guilty and issentenceDeath penalty. other85 defendants were sentenced to three years probation at the mildest and life imprisonment at the heaviest depending on the severity of their crimes, but multiple defendants are currently at large.According to analysts,Zhang Meilan's arrest and sentence are related to Vietnam's recent strong anti-corruption efforts,In addition to several politicians stepping down as a result, many executives in large enterprises have also been arrested or forced to resign due to corruption.

military affairs

01The Burmese army has lost its final position in border towns

According to Mehso Comprehensive News, recently, spokespersons for ethnic minority local armed groups in Myanmar and Thai officials stated that Burmese military forces have withdrawn from their last position in the eastern Myanmar Thailand border town of Myawady, indicating that this important border trading post has been completely lost. It is understood that this border trade post is crucial for the funding constrained Myanmar military government. According to data from the Myanmar Ministry of Commerce, the estimated border trade volume in Myawathi reached 1.1 billion US dollars in the 12 months ending in April this year.

According to a spokesperson for the Burmese National Union in the eastern part of Myanmar, after breaking through the headquarters of the 275th Infantry Battalion of the Burmese Army, approximately 200 Burmese soldiers fled to the Friendship Bridge across the Moai River in the border town of Myawathi and Thailand. It is understood that the headquarters of the 275th Infantry Battalion is the last position of the Burmese army in the area, which has been attacked by civilian and local forces in recent days. Myanmar media "New Era" reported that Thai authorities are holding talks with these Burmese soldiers to decide whether to provide them with asylum.

01Thai digital wallet will be launched in the fourth quarter of this year

Bangkok News: Recently, Thai Prime Minister and Finance Minister Saita reiterated that the government will launch a "digital wallet" as planned, and about 50 million eligible people will receive 10000 Thai baht per person from the government in the fourth quarter of this year, with an estimated total of 500 billion Thai baht. This measure aims to boost domestic consumption and is expected to assist Thailand in achieving at least 5% economic growth by 2025. Thai Deputy Finance Minister Chulawon emphasized that the 500 billion baht of the digital wallet plan will be obtained from three sources, namely the 175 billion baht in the government's 2024 fiscal year, 152.7 billion baht in the 2025 fiscal year, and 172.3 billion baht in the budget of the state-owned agricultural cooperative bank in 2025.

It is understood that the Thai economy only experienced comprehensive growth last year1.9%, Seta is concerned that the economic growth rate in the first quarter of this year may be lower than 1%, so she is betting on digital walletsCan trigger economic chain effects. This plan has been opposed by opposition parties and some economists, who are concerned that the government's implementation through public borrowing and fundraising may exacerbate inflation and expand the fiscal deficit. The Governor of the Bank of Thailand stated that measures to stimulate consumption are not the main solution to drive the economy, but rather structural reforms are more important in driving economic growth.

02India plans to attract an average annual foreign investment of billions of dollars

Bloomberg News: Recently, Rajesh Kumar Singh, head of India's Department of Industry and Internal Trade Promotion, said in a media interview in New Delhi that India's goal is to attract at least $100 billion in investment annually on average over the next five years. In the five years ending March 2023, India's average annual foreign direct investment exceeded 70 billion US dollars.

Singh pointed out in an interview that India has unparalleled growth opportunities in areas such as electric vehicles, electronics, and general consumer goods, as its penetration rate is far below global levels. But foreign investors have not kept up with this investment trend, mainly due to inflation andRising interest rates, geopolitical conflicts, and corporate risk perception towards emerging markets. At present, the Indian government has formulated several plans for new industrial corridors, which are expected to be approved within 100 days after the new government takes office.