Presidency
President Lee Jae-myung puts private home up for sale below market price
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President Lee Jae-myung has put his private home up for sale at a below-market price to help stabilize the property market, Cheong Wa Dae said on February 27. The apartment in Seongnam, south of Seoul, is jointly owned with first lady Kim Hae-kyung and measures 164 square meters, purchased in 1998 for 360 million won. The move aligns with the government's push for multiple-home owners to sell ahead of the end of a temporary capital gains tax suspension in May.
The deadline passed for 14 presidential candidates in Colombia to amend their inscriptions, with only two making changes. Mauricio Lizcano now pairs with Pedro De la Torre, and retired General Gustavo Matamoros joins Mila María Paz Campaz. Ballot positions will be set on March 25 for the May 31 elections.
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Peru's Congress will choose the country's eighth president in a decade on Wednesday to replace the newly ousted former leader José Jerí, with four largely unknown lawmakers vying for the position. The winner will serve as interim president until July 28, when power transfers to the victor of the April 12 general election.
The New York Times published a report and interview with Mexico's Security Secretary Omar García Harfuch, portraying him as an effective and loyal official to President Claudia Sheinbaum. The positive coverage aligns with praise from U.S. Secretary of State Marco Rubio on Mexico's security efforts. The piece highlights García Harfuch as Sheinbaum's natural successor amid widespread concern over insecurity in the country.
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A YouTube video has spread a false claim that President Ferdinand Marcos Jr. is resigning, based on a clipped soundbite from a Presidential Communications Office podcast. However, this is untrue, as Marcos was only discussing the continuity of reforms after his term. No official statement on resignation has come from Malacañang.