Today's Major News

1. With the cumulative number of heat-related illnesses nationwide surpassing 2,000, the first-ever serious heatwave warning has been issued across all of Seoul. Today (August 4), Seoul's daytime high is expected to soar to 38°C (100°F), making it the hottest day of this summer.

2. The ruling People Power Party has launched an all-out offensive against the government's tax reform plan, denouncing it as a "tax nuclear bomb" and a "tax reform disaster." In response, the Democratic Party stated that the People Power Party is repeating worn-out propaganda about a "tax bomb," adding that it will review public acceptance during the National Assembly's deliberation process.

3. Regarding the amendment to the Criminal Procedure Act—which abolishes prosecutors' direct investigative powers—submitted to the Cabinet meeting today, President Lee Jae-myung indicated that he has no intention of exercising his veto power, stating, "Although there is much controversy, it is difficult to view the situation as serious enough to deny the National Assembly's legislative authority."

4. Six distribution companies that colluded on pork supply prices by exchanging quotation information while supplying hypermarkets have been indicted. The prosecution stated, "Their collusion drove up market prices by at least over 20%."
※ Please note: This article was translated by AI and may contain errors.