Parliamentary Vote

On December 31, 2024, a South Korean court approved an arrest warrant for President Yoon Suk Yeol, who was impeached and suspended from power over his decision to impose martial law on December 3. This marks the first time in South Korean history that an arrest warrant has been issued for an incumbent president. Yoon is under investigation for possible insurrection charges, as his martial law decree briefly saw military troops clash with parliament staff. The martial law was quickly repealed after a parliamentary vote, but it shocked the nation and alarmed international allies. Yoon has failed to respond to multiple summonses for questioning. The investigation is ongoing, with police having unsuccessfully attempted to raid the presidential office. A Constitutional Court trial has commenced to decide whether Yoon will be reinstated or permanently removed from office, with a decision expected within 180 days. The court’s next hearing is set for January 3.

Tsipras likely to call confidence vote after party revolt

Energy Minister Panos Skourletis described such a parliamentary vote as "self-evident" following Friday's rebellion when almost a third of Syriza deputies abstained or voted against the agreement.

Greek parliament to vote on controversial bailout

The crucial vote comes hours after the International Monetary Fund issued a stark warning that Greece would need far more debt relief to stop it crashing out of the common currency than European governments have so far been willing to contemplate.

Gold clings 4 month low on euro, but eyes 3rd weekly drop

But bullion is still down so far for the week, its third in a row, amid weak physical demand in top consumers China and India. Prices have been trapped in a tight range with global uncertainties from Greece to China failing to spark safe-haven bids.

Egypt court rejects religious slogans in election law

Egypt's highest court ruled on Saturday that parts of a revised election law setting out terms for a parliamentary vote were unconstitutional, casting fresh doubt over a poll that has already been delayed.

Asian shares steady from Cyprus bailout jolt, India drags

Asian shares steadied as investors awaited a parliamentary vote in Cyprus on a bailout plan crucial to avert bankruptcy, but potential political instability in India emerged as a fresh worry.