South Korean President Yoon Suk Yeol recently implemented martial law, which had not been done since the country achieved full democracy almost four decades ago.

This decision caused a significant political crisis as it was aimed at countering "anti-state forces" and North Korean sympathizers.

However, the public strongly opposed the decree, leading to a decline in asset prices.

In response to the widespread opposition, the National Assembly unanimously voted to revoke the martial law declaration, prompting President Yoon to lift the decree shortly after its announcement.

This situation highlights the delicate balance of power in South Korea and its implications for domestic stability and international relations, particularly with North Korea.

The government's quick reversal of the martial law demonstrates its attentiveness to public opinion and the potential economic consequences of such measures.