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South Korea’s Park Geun-hye sentenced to 24 years in jail

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A South Korean court has sentenced former President Park Geun-hye to 24 years in prison after she was found guilty of corruption. The disgraced former president was found guilty of several corruption charges, abuse of power and coercion in a verdict issued on Friday. She was also fined $16m. WATCH: Warrant issued for S Korea’s ex-president on corruption charges (2:13) It was alleged in the trial that Park, 66, colluded with a friend, Choi Soon-sil, and a former presidential aide, in pressuring big businesses to donate to two foundations set up to back her policy initiatives.

Thailand’s Ousted Prime Minister Shinawatra Flees Abroad: The Rest of the Story

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Shortly before ousted Thai prime minister Yingluck Shinawatra was to face a court ruling for her failed populist rice subsidy scheme, she reportedly fled the country, joining her likewise fugitive brother Thaksin Shinawatra in hiding abroad. Thaksin Shinawatra was himself ousted from power in 2006 for similar charges of corruption and abuse of power. While the US and European media attempt to frame the Shinawatras as victims of powerful, democracy-adverse institutions in Thailand, sensible analysis must consider the fact that Thailand does not exist in a geopolitical or socioeconomic vacuum

South Korea’s President Has Been Removed From Office After Court Upholds Impeachment

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South Korea's constitutional court has voted unanimously, 8-0, to uphold the impeachment of President Park Guen-hye, removing her from office after a 92-day leadership crisis and triggering a presidential election in the weeks to come. A snap election my be held within 60 days. The ruling, which was announced by the court's acting chief and televised live, made Park the nation's first democratically elected leader to be ousted. She was impeached by parliament on Dec. 9 on charges of letting a close friend meddle in state affairs, colluding with her to extort money from conglomerates, and ne

South Korean lawmakers vote to impeach President Park Geun-hye

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South Korean lawmakers on Friday impeached President Park Geun-hye, a stunning and swift fall for the country's first female leader amid protests that drew millions into the streets in united fury. After the vote, parliamentary officials hand-delivered formal documents to the presidential Blue House that stripped Park of her power and allowed the country's No. 2 official, Prime Minister Hwang Kyo-ahn, to assume leadership until the Constitutional Court rules on whether Park must permanently step down. The court has up to six months to decide. Park will be formally removed from office if

S. Korean President Faces Possible Last Day in Power

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South Korean President Park Geun-hye entered what could be her last day in power Friday, as lawmakers geared up for what's widely expected to be a successful impeachment vote amid a corruption scandal that has left her isolated and loathed. The opposition feels confident that they'll get an impeachment Friday, the last day of the current parliamentary session, because dozens of members of Park's ruling party have said they'll vote against the woman who was once their standard bearer. It's possible that the vote could be delayed or fail, but lawmakers from both parties face huge pressure

Massive South Korean protests calling for President Park ouster continue in Seoul

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Massive protests roiled Seoul for the second consecutive weekend as hundreds of thousands of angry South Koreans took to the streets Saturday calling for President Park Geun-hye's resignation. The march, which included families with young children, students -- some in school uniforms -- and union members, came as opposition to Park mounts following her unprecedented admission that she shared classified information with someone who lacked the necessary security clearance.

South Korea’s first woman PM jailed for illegal funding

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South Korea’s first female prime minister was headed for jail Thursday after the Supreme Court upheld a conviction and two-year prison sentence for accepting illicit political funds. Now 71, Han Myeong-Sook served one year as prime minister from April 2006 under the administration of then-president Roh Moo-Hyun. In 2010, she was tried on charges of receiving 880 million won ($760,000) from a businessman in illegal campaign funding for her eventually unsuccessful 2007 bid to secure her party’s presidential nomination. Han was acquitted by a district court which found the businessma

Female Finance Guru Pushes for Punishment of Stock Market Manipulators

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An article by one of China's top female investigative financial experts, Liu Shuwei, has caused a stir online and prompted a quick a response from the country's stock watchdog on July 2. Her post on Weibo (China's Twitter) that day, urging for traders to be punished for short selling, received more than 400,000 views within six hours. The official China Securities Regulatory Commission (CSRC) announced on its website on late July 2 that it will investigate suspected manipulation of stocks as experts fail to explain the market's worst collapse in years. 'Chivalrous Woman' in the Eyes of F

Thai environmentalists pay for activism with their lives

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Jintana Kaewkao, a 53-year-old activist, shop-owner and mother of three, arrived at the district government office on March 12 ready for a fight. With local tensions rising over the planned construction of a steel manufacturing plant amid the wetlands and coconut trees of this seaside community of Bangsaphan, Thailand, more than 30 villagers had assembled in the morning heat. Most were women; some had toddlers in tow. They were ready to register their concerns over potential pollution, and a local conglomerate’s questionable land acquisitions, with the district leader. As usual, they w

Malaysian police arrest daughter of jailed opposition leader Anwar

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Malaysian police arrested the eldest daughter of jailed opposition leader Anwar Ibrahim for alleged sedition on Monday, a move slammed by critics as a crackdown on dissent. Nurul Izzah Anwar, a lawmaker and a vice president of her father's People's Justice Party, was to be detained overnight because of a speech she made last week in Parliament, said Fahmi Fadzil, the party's communications director. Police did not specify which part of the speech — which questioned Anwar's jailing — was seditious, and told Nurul Izzah's family that the detention was to facilitate investigations, F

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