ISTANBUL
Here is a rundown of all the news you need to start your Wednesday with, including the detention of South Korea's impeached President Yoon Suk Yeol over his martial law decision, reports suggesting the Israeli army is preparing to withdraw from the Philadelphi Corridor, the ICJ’s president resigning after reports of his nomination as Lebanon’s new prime minister, and Qatar saying that a Gaza cease-fire deal is imminent.
TOP STORIES
South Korean President Yoon Suk Yeol was detained by police, marking an historic first for a sitting leader of the country, the state news agency Yonhap reported.
Investigators detained the impeached president at his residence for questioning related to his short-lived imposition of martial law on Dec. 3.
A detention warrant was executed at 10.33 a.m. (0133GMT) by the Corruption Investigation Office for High-ranking Officials (CIO), it added.
The arrest follows a failed attempt on Jan. 3, when agents from the Presidential Security Service blocked investigators from entering Yoon’s residence. Later, a court extended the arrest warrant, which was set to expire on Jan. 21.
The Israeli army has begun preparing for a withdrawal from the Philadelphi Corridor along the Gaza-Egypt border while awaiting the completion of a much-anticipated hostage-prisoner swap deal, the Israeli public broadcaster KAN reported.
"Meetings and situation assessments were held in the Southern Command of the Israeli army over the past 24 hours in preparation for a gradual withdrawal from the Gaza Strip as the cease-fire agreement begins to take effect,” the broadcaster said.
Citing an unnamed security source, KAN said “the Israeli army is preparing to withdraw from the Palestinian side of the Rafah crossing shortly after the agreement is signed.”
Judge Nawaf Salam, president of the International Court of Justice (ICJ), stepped down from his position as a member of the top UN court with effect from the same day of his resignation.
Judge Salam’s resignation comes nearly two years before the scheduled end of his term as both a member and president of the court, which was set to expire on Feb. 5, 2027.
His departure coincides with reports of his nomination as Lebanon’s new prime minister.
According to media reports, Lebanon’s recently elected president has tasked the esteemed diplomat and jurist with forming a new government.
Qatar said Gaza cease-fire negotiations are in their "final details" and that announcing an agreement is “imminent.”
“A draft agreement has been handed to both Hamas and Israel and major obstacles on key contentious issues between the two sides have been addressed,” Foreign Ministry spokesman Majed al-Ansari told a press conference in Doha.
“Current discussions in Doha are focused on finalizing the remaining details,” he added.
Ansari said the implementation of the Gaza cease-fire agreement will occur “very shortly after it is finalized.”
NEWS IN BRIEF
SPORTS
Danish defender Simon Kjaer announced his retirement from professional football at the age of 35.
“I have finished an adventure. A new one can begin. From my heart: Thank you to everybody I have played with and worked with in my career,” he said on X.
“And to all of you: I am forever thankful for your support; in my clubs and for Denmark. It has been a pleasure, an honour, and a privilege,” he added.
Paris Basketball ended its five-game losing streak in the Turkish Airlines EuroLeague with a hard-fought 88-84 win over Anadolu Efes in Round 21, improving to a 12-8 record.
The Istanbul side suffered its second consecutive loss under its new coach Luca Banchi, dropping to 13th place in the league with a 10-11 record.
Despite a sluggish start, Anadolu Efes rallied from a nine-point deficit to lead 39-37 at halftime. The second half saw multiple lead changes before Paris sealed the win with a three-pointer from Finnish forward Mikael Jantunen with 42 seconds left on the game clock.
BUSINESS & ECONOMY
The US announced a new regulation this week that restricts exports of artificial intelligence (AI) chips, which has created concern among European Union officials.
The regulation limits the number of AI chips countries can purchase except for allies without restrictions, which include Australia, Belgium, Canada, Denmark, Finland, France, Germany, Ireland, Italy, Japan, the Netherlands, New Zealand, South Korea, Spain, Sweden, Taiwan and the UK.
Canadian mining giant Barrick Gold Corporation said it has suspended operations at its Loulo-Gounkoto mining complex in Mali.
Barrick said the Malian government had moved its gold stock from the Loulo-Gounkoto site to a bank, preventing the shipment and sale of the gold.
“As a result, Barrick has regrettably initiated the temporary suspension of operations while it continues to work towards a resolution,” said the world’s second-largest gold miner by market capitalization.
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