Morning Wide: Today's Major News

1. 1.2 Billion Won Deduction Maintained for Non-Resident Single-Home Owners..."Cannot Always Be Perfect"

The government has decided to maintain the current 1.2 billion won comprehensive real estate holding tax deduction for non-resident single-home owners, while keeping the ceiling on the year-over-year tax increase at 150%. President Lee Jae-myung stated that the government's proposal cannot be perfect, passing the ball to the National Assembly.

2. Ground Search Underway in Missing Persons Area... Emergency Relief Team to Join Today

The rapid response team is conducting ground searches on site to find the nine South Korean nationals missing due to the massive floods in Nepal. This morning (September 2), 44 members of Korea's Overseas Emergency Relief Team will arrive in Nepal via a military transport aircraft and join the operations on site.

3. Major Shake-up in Senior Police Ranks... Jeju Police Chief Promotion Falls Through

The government has carried out a reshuffle of senior police officials, appointing Gyeongnam Provincial Police Agency Chief Kim Jong-cheol as the Deputy Commissioner General of the National Police Agency and former Jeonnam Provincial Police Agency Chief Go Beom-seok as the head of the Seoul Metropolitan Police Agency. Ko Pyeong-ki, chief of the Jeju Provincial Police Agency—where a missing person case was falsely closed—was a tentative nominee for promotion to senior superintendent general, but was excluded from the final list.

4. US Strikes Iran Again in Two Days... Iran Warns of "Strong Response"

The United States has launched another military attack on Iran. As Iran responds with a hardline stance, military tensions centered around the Strait of Hormuz are escalating once again.
※ Please note: This article was translated by AI and may contain errors.