Yoon arrested in Seoul, mining siege in South Africa and EU considers additional Russian sanctions

Andrew Sheves Good morning.

๐Ÿ‡ฐ๐Ÿ‡ทย Police in South Korea finally arrested ousted President Yoon Suk Yeol in relation to his impeachment in early January following his imposition of martial law in December. Yoon has been avoiding police and refusing to cooperate with the authorities since his removal from power in December.[More - BBC]

๐Ÿ‡ฟ๐Ÿ‡ฆย South African police rescued 82 trapped miners and recovered the bodies of 36 more from an illegal mine in Stilfontein, south of Johannesburg. Hundreds more miners remain trapped underground. Mining organizations accuse the police of sealing the miners underground, while the police argue that the miners refuse to leave the mine for fear of arrest. [More - Al Jazeera]

๐Ÿ‡ช๐Ÿ‡บย The EU is considering additional sanctions against Russia, banning imports of aluminum and LNG. LNG delivered by pipeline would likely remain exempt as Poland and Hungary remain reliant on Russia for piped gas. [More - Bloomberg]

Key Metrics

WTI is $74.31 (Down)

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Wheat is $185.735 (Down)

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Graphs are illustrative to show comparative price over last 180 days

Metrics via AlphaVantage updated Jan 14 2025 21:15 UTC

Europe Stability Ratings and News Summary

More Unstable

๐Ÿ‡ฆ๐Ÿ‡ฑ Albania, ๐Ÿ‡ฆ๐Ÿ‡น Austria, ๐Ÿ‡ง๐Ÿ‡พ Belarus, ๐Ÿ‡ง๐Ÿ‡ช Belgium, ๐Ÿ‡จ๐Ÿ‡ฟ Czech Republic, ๐Ÿ‡ฉ๐Ÿ‡ฐ Denmark, ๐Ÿ‡ซ๐Ÿ‡ท France, ๐Ÿ‡ฉ๐Ÿ‡ช Germany, ๐Ÿ‡ญ๐Ÿ‡บ Hungary, ๐Ÿ‡ฎ๐Ÿ‡ช Ireland, ๐Ÿ‡ฎ๐Ÿ‡น Italy, ๐Ÿ‡ฒ๐Ÿ‡ฐ Macedonia, ๐Ÿ‡ฒ๐Ÿ‡น Malta, ๐Ÿ‡ฒ๐Ÿ‡ฉ Moldova, ๐Ÿ‡ฒ๐Ÿ‡ช Montenegro, ๐Ÿ‡ณ๐Ÿ‡ฑ Netherlands, ๐Ÿ‡ต๐Ÿ‡ฑ Poland, ๐Ÿ‡ท๐Ÿ‡ด Romania, ๐Ÿ‡ท๐Ÿ‡บ Russia, ๐Ÿ‡ท๐Ÿ‡ธ Serbia, ๐Ÿ‡ช๐Ÿ‡ธ Spain, ๐Ÿ‡จ๐Ÿ‡ญ Switzerland, ๐Ÿ‡น๐Ÿ‡ท Turkey, ๐Ÿ‡บ๐Ÿ‡ฆ Ukraine

More Stable

No countries were more stable over this period

Unchanged

๐Ÿ‡ฆ๐Ÿ‡ฉ Andorra, ๐Ÿ‡ง๐Ÿ‡ฆ Bosnia And Herzegovina, ๐Ÿ‡ญ๐Ÿ‡ท Croatia, ๐Ÿ‡จ๐Ÿ‡พ Cyprus, ๐Ÿ‡ช๐Ÿ‡ช Estonia, ๐Ÿ‡ซ๐Ÿ‡ฎ Finland, ๐Ÿ‡ฌ๐Ÿ‡ท Greece, ๐Ÿ‡ฎ๐Ÿ‡ธ Iceland, ๐Ÿ‡ฑ๐Ÿ‡ป Latvia, ๐Ÿ‡ฑ๐Ÿ‡ฎ Liechtenstein, ๐Ÿ‡ฑ๐Ÿ‡น Lithuania, ๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg, ๐Ÿ‡ฒ๐Ÿ‡จ Monaco, ๐Ÿ‡ณ๐Ÿ‡ด Norway, ๐Ÿ‡ต๐Ÿ‡น Portugal, ๐Ÿ‡ธ๐Ÿ‡ฒ San Marino, ๐Ÿ‡ธ๐Ÿ‡ฐ Slovakia, ๐Ÿ‡ธ๐Ÿ‡ฎ Slovenia, ๐Ÿ‡ธ๐Ÿ‡ช Sweden, ๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom

Europe News Summary

Switzerland is stepping into the international spotlight, offering to mediate a meeting between former US President Donald Trump and Russian President Vladimir Putin, a move that could significantly influence global diplomatic relations [SOURCE - AzerNews]. Swiss President Alain Berset has also expressed the country’s readiness to facilitate discussions aimed at resolving the ongoing conflict in Ukraine [SOURCE - TASS].

However, Switzerland faces domesti


Carpe tomorrow!