as they attempt to arrest the impeached president yoon. over 20 officers marched to his presidential residence in seoul since 8am local time. the number was reinforced to 801 hour later. many of yoon�*s supporters have for days been congregating outside his residence, vowing to block his arrest and this morning is no different. jay song, an honorary associate professor at the australia national university, gave us a sense of what lies ahead. it's almost a surreal situation now. i'm looking at these supporters gathering around his house and also the police, trying to go into his house and the military is actually blocking the access, and the corruption investigation office, they went into his

residence but we have just been waiting for more than two hours to see what is happening, whether he would be arrested at the scene and what would happen after the arrest. we spoke to you a few days ago and you said an arrest was imminent. what gave you so much confidence to think this moment that we see unfolding is about to happen? that is right, three days ago the arrest warrant was issued by the court, a legal and lawful process to arrest the current president because he has been refusing to receive any investigation, refusing the whole process of the arrest and the investigation itself, that is nonsense as we all know. we have seen he has declared the martial law a month ago, actually a month exactly before today. we have seen the police coming to the national assembly to stop the process,

stopping the interaction, the martial law. after the arrest warrant, within seven days to be executed, and tomorrow is the weekend so there will be more protests gathering around the area, so today is friday so probably the perfect day to make this as soon as possible. despite the tensions, the benchmark cost index is currently trading almost 2% higher. tim waterer from kcm trade told us why investors are optimistic. it has taken the events in its stride, posting gains, there are a few reasons behind it, some we can put down to some of the festive season optimism. another could be that the investors think will be a short lived event,

and then there is better things to come, perhaps in the second half of the year. the other factor is what is happening with the korean currency, that is lingering down at a 15—year low against the dollar. that is not a great indicator for the overall economy but what it does do is a good sign for the export sector, so the likes of samsung, sk hynek, who do rely on that export growth foreign sales, that is good news for them. the domestic investors in south korea right now are looking at the positives and focusing on that at the moment. turning a blind eye perhaps to what we see on the tv screen outside the former presidential house but it remains to be seen how long this will drag on, but overall quite a surprisingly good performance, you would have to say. let's show you the capital of south korea.

you can see lots of south korean flags, protesters lined up korean flags, protesters lined up for some supporters of president yoon and also a large police presence as well in the hi—vis jackets. you can also the vehicles and a large police presence not in hi—vis jackets but there is a large security force on the ground to ensure the protesters i kept in check. a crypto boss accused of being resonsible for a crisis costing investors $40 billion has pleaded not guilty to us fraud charges. do kwon was the boss of a singapore—based terraform labs that developed the terra usd and luna cryptocurrency. the collapse in 2022 sparked a wider sell—off in the market, the us prosecutor saying do kwon was responsible for the failure of the coin, accusing him of orchestrating the multibillion—dollar crypto asset security fraud.

and official china state planner says there is room for economic policies to support the economy. he said the company will face many difficult challenges this year. among the plans are subsidies for durable goods such as cars, appliances and funding for businesses looking to upgrade the larger scale equipment. why is this happening? a big reason is _ why is this happening? a big reason is tightening - why is this happening? a big reason is tightening rules - reason is tightening rules around personal and retail loans will the central bank and forced almost a year ago. there were warning banks against rising risk and also the risk of defaults. in this category.

this is one segment that is actually seen almost a growth falling by almost half. this was the category where cheaper credit card loans were available and that was fuelling retail demand and consumption spending. also driving economic growth at a time when even inflation was rising and income growth was stagnating and that this was building up stress in the system which the central bank was warning and now in the last few months banks have reported stress in this segment of rising defaults especially in the small to get loans. this is a segment that has seen a drop in the credit growth pickup for banks and the reason is overall ace lowdown in weakness in the economy, we have seen loans following and thatis have seen loans following and that is effective in the sales of the companies in the last quarter as well as any economic growth prince of the country.

loans and economic growth had intertwined, most economists say we will experience softness in the economic growth in the coming quarters, reflective of people �*s ability to spend. thank you. in the us, tesla shares fell by 6% in new york after a report of its drop in annual deliveries. that increased competition in slowing demand for electric vehicles hit its results. michelle fleury has the details. tesla delivered a record number of cars in the final three months of last year. 495,570 vehicles to be precise. but that figure was short of the number it needed to beat its 2023 full year performance. for all of 2024, tesla delivered 1.79 million vehicles worldwide. down about i% from last year. the first time the company has

reported this kind of drop. part of the problem is increased competition. chinese rival byd said this week said that its electric car sales grew double digits last year to about 1.76 million globally. and it is notjust chinese ev makers snapping at its heels. legacy global carmakers like gm volkswagen and hyundai are also vying for market share. tesla has responded to slowing demand for evs by cutting vehicle prices in china and the united states. elon musk has also pivoted the country to focus on robotics and artificial intelligence. that is still a way off and for now tesla remains dependent on car sales to make money. shares in tesla fell 6% on the news but it is worth noting that the stock ended 2024 up more than 60% with most of those gains coming after the us election. investors are betting that elon musk�*s closeness to donald trump will help his businesses. sir nick clegg, the uk former deputy prime minister, is stepping down from his job as president of global affairs at facebook owner meta.

he said in a post he will be leaving the tech giant after seven years, replaced byjoe kaplan, who served as the deputy chief of staff in the white house during the george w bush administration. joe kaplan is known for handling the relations with republicans. it comes ahead of donald trump's inauguration on 20 january. the duchess of sussex has announced a new show on netflix that the streaming service describes as a lifestyle show that blends practical how—tos and candid conversation. with love meghan premieres on isjanuary and includes eight 30—minute episodes with celebrities such as mindi kaling and former suits star abigail spencer. in the trailer released on thursday, she garnishes a cake with raspberries and harvests honey in california where she lives with her husband prince harry and two children. before we go, recapping our top story. police officers are at the presidential residence as they attempt to arrest the impeached president,

his legal team has been seen entering the compound and have called for an arrest warrant issued against the president earlier this week.: it's illegal and invalid. stay with bbc news. we will have more coverage of the events as they play out.

hey, it's lucy with the catch up! tonight — the latest on the attack in new orleans, stormzy�*s ban from driving, and belgium says bye to disposable vapes. first, 14 people were killed and dozens were wounded when a man drove a pick—up truck into crowds of people in new orleans on new year's day. emer is going to tell us more. the driver has been named as shamsud—dinjabbar, an army veteran from texas. he was killed in a shoot—out with police and the fbi say he was acting alone. we're finding out a lot more about some of the victims, they include a former college football player, an 18—year—old aspiring nurse and a 21—year—old. and the fbi also said it had not been able to establish a definitive link between the new orleans attack and a cybertruck that exploded outside a trump hotel in vegas. the driver was killed and seven people were injured when it

blew up just hours after the attack in new orleans. some other stories now. stormzy has been banned from driving for nine months. an off—duty police officer caught him using a phone while driving in london. he pleaded guilty. the court was told he already had six points on his licence for speeding. and is your new year's resolution to give up vaping? well, belgium's trying to do the same. it's become the first european country to ban the sale of disposable vapes. ireland and the uk are due to follow later this year. the news can be heavy sometimes, so we want to make sure to leave you with ten seconds of something lighter. some aquariums across the uk have been doing their annual stockta kes. that means they're counting more than 30,000 animals, and that also means we have these cute pictures to show you. that's us, have a good one!

hello and welcome to sportsday. i'm tanya arnold. here's what's coming up on the program: rangers thump celtic to win the old firm derby but still trail their premiership rivals by 11 points. 17—year—old luke �*the nuke' littler powers into the world darts final where he'll face michael van gerwen. world number two iga swiantek gets the better of katie boulter in a classic to seal poland's victory over great britain in the united cup. we start with football, and rangers may be trailing celtic in the scottish premiership but they got the bragging rights in the old firm derby with an emphatic 3—0 win.

it was their manager phillipe clemont�*s first win in the fixture at the seventh time of asking. martin dowdon was watching. celtic enjoyed a iii—point gap heading into the fixture. the celtic manager tasted defeatjust once in 20 outings against the rangers coming into this, and the rangers manager had not beaten celtic in six attempts. it was all about to change. setting the rangers on the way, gathering it from nico and sending a crisp low shot right to the corner from 25 yards, just evading casper to the goal. they were rampant after that. next up, the cutting inside, a shot deflecting the defender, and striking the top of the course. celtic could not muster a response but almost got level just before half time. a fire towards the goal and the standing goalkeeper kelly who produced a wonderful save to keep the rangers' lead intact. after the break we expected a celtic response,

and itjust did not come.