Iran: Signs of New Protests Against Rise in Prices

A display featuring missiles and a portrait of Iran's Leader Ayatollah Ali Khamenei is seen at Baharestan Square in Tehran, Iran September 27, 2017. Nazanin Tabatabaee Yazdi/TIMA via REUTERS
A display featuring missiles and a portrait of Iran's Leader Ayatollah Ali Khamenei is seen at Baharestan Square in Tehran, Iran September 27, 2017. Nazanin Tabatabaee Yazdi/TIMA via REUTERS
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Iran: Signs of New Protests Against Rise in Prices

A display featuring missiles and a portrait of Iran's Leader Ayatollah Ali Khamenei is seen at Baharestan Square in Tehran, Iran September 27, 2017. Nazanin Tabatabaee Yazdi/TIMA via REUTERS
A display featuring missiles and a portrait of Iran's Leader Ayatollah Ali Khamenei is seen at Baharestan Square in Tehran, Iran September 27, 2017. Nazanin Tabatabaee Yazdi/TIMA via REUTERS

Signs of a new round of protests emerged in Tehran, after the rise in prices hit the foreign exchange market, pushing the dollar to a record high in two years.

Angry Iranians gathered on Sunday in front of the Central Bank headquarters, chanting slogans condemning the officials and demanding the resignation of the central bank governor, Abdolnaser Hemmati.

The latter was the center of recent speculations, as political circles in Tehran reported that he could run for the presidential elections scheduled for May 2021.

Iranian security forces cordoned off the streets leading to the bank, according to eyewitnesses’ reports on social networks.

Meanwhile, the government adopted security measures and arrested officials to reduce popular discontent.

Quoting the Iranian police chief, ILNA news agency reported that the authorities launched a new unit called the “economic security police” to counter economy breaches.

For its part, Fars Agency of the Revolutionary Guards quoted Colonel Nader Moradi, Deputy Commander of the Greater Tehran Police for Supervision of Commercial Venues, as saying that the police forces will “legally confront the officials of the home appliance unions who trade in goods with the aim of selling them at high prices that exceed the approved rates.”

The price of one dollar rose in recent days to 180,000 Iranian Rials, the highest record reached since August 2018, in parallel with the implementation of the US sanctions.



South Korea's President Attends Court Hearing on Extending Detention

A blue van believed to be transporting impeached South Korea President Yoon Suk Yeol leaves the Seoul Western District Court after a hearing in Seoul on January 18, 2025, as the court weighs whether to extend the detention of Yoon, after investigators arrested him over a failed martial law bid. (Photo by JUNG Yeon-je / AFP)
A blue van believed to be transporting impeached South Korea President Yoon Suk Yeol leaves the Seoul Western District Court after a hearing in Seoul on January 18, 2025, as the court weighs whether to extend the detention of Yoon, after investigators arrested him over a failed martial law bid. (Photo by JUNG Yeon-je / AFP)
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South Korea's President Attends Court Hearing on Extending Detention

A blue van believed to be transporting impeached South Korea President Yoon Suk Yeol leaves the Seoul Western District Court after a hearing in Seoul on January 18, 2025, as the court weighs whether to extend the detention of Yoon, after investigators arrested him over a failed martial law bid. (Photo by JUNG Yeon-je / AFP)
A blue van believed to be transporting impeached South Korea President Yoon Suk Yeol leaves the Seoul Western District Court after a hearing in Seoul on January 18, 2025, as the court weighs whether to extend the detention of Yoon, after investigators arrested him over a failed martial law bid. (Photo by JUNG Yeon-je / AFP)

South Korea's impeached President Yoon Suk Yeol attended a court hearing on Saturday to fight a request by investigators to extend his detention on accusations of insurrection.
Yoon on Wednesday became the country's first sitting president to be arrested, in a criminal probe related to his short-lived declaration of martial law on Dec. 3.
Investigators requested a detention warrant on Friday to extend their custody of Yoon for up to 20 days. He has been refusing to talk to investigators and has been held in Seoul Detention Center since his arrest.
After the hearing, Yoon returned to Seoul Detention Center to await the court's decision, which is expected on Saturday or Sunday, Reuters reported.
The hearing at Seoul Western District Court lasted nearly five hours. Yoon spoke for about 40 minutes during the hearing, Yonhap said, citing Yoon's lawyer.
"(Yoon) sincerely explained and answered questions on factual relationships, evidence and legal principles... We will quietly wait for the court to decide," said Yoon's lawyer, Yoon Kab-keun, after the hearing.
Yoon had decided to attend the hearing "to restore his honor by directly explaining the legitimacy of emergency martial law and that insurrection is not established", his lawyer said earlier on Saturday.
TV channels showed a convoy of around a dozen cars and police motorbikes escorting Yoon from the detention center to the court, as well as back to the detention center.
Since police broke up a crowd of Yoon's supporters blocking the court gate in the morning, thousands of supporters surrounded the court after the hearing began at around 2 p.m. (0500 GMT) behind a police barricade chanting "release the president".
"There are so many supporters of President Yoon Suk Yeol around the court, who still believe in the rule of law and are defending the president," said Lee Se-ban, a 30-year-old man.
Multiple people were arrested by police for trying to break into the court grounds, including a young man who tried to escape, according to a Reuters witness.
Insurrection, the crime alleged against Yoon by the Corruption Investigation Office for High-ranking Officials, is one of the few that an incumbent South Korean president does not have immunity from.