The Bank of Korea in Seoul, South Korea, lowered its key policy rate for the second consecutive month, reducing it to 3%, and revised its economic growth forecast downwards for 2024 and 2025. Despite concerns about inflation and household debt levels, the bank aims to stimulate the economy through rate cuts and increased money supply, as it faces uncertainties in global economic trends and trade policies under the new U.S. government led by Donald Trump. The country’s economy is experiencing a slowdown in domestic consumption, declining exports, and weakened employment, prompting the bank to anticipate a challenging road ahead for economic recovery.
Full Article
Ex-police chief convicted of rape and murder captured after escaping Arkansas prison
Grant Hardin, a former Arkansas police chief convicted of rape and murder, was recaptured after escaping from prison nearly two weeks prior. Hardin, 56, impersonated a corrections officer to flee the North Central Unit and was found by law enforcement near an Izard County creek, identified through fingerprint analysis. He was serving sentences for the 2017 murder of James Appleton and the 1997 rape of Amy Harrison, having previously worked in various law enforcement roles,...
Read more