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Tensions escalated in South Korea as President Yoon Suk Yeol's defense minister, Kim Yong-hyun, proposed martial law amid political strife with the opposition. This controversial move led to chaos within the ruling People Power Party and raised concerns over the nation's democratic integrity, marking a significant crisis for the U.S. ally.
South Korean President Yoon Suk Yeol declared martial law for the first time in 50 years, citing threats from opposition groups. This move has sparked political turmoil, leading to an impeachment motion against Yoon and public protests, while the markets reacted with a temporary weakening of the Korean won. The outcome of the impeachment vote is anticipated to influence market stability moving forward.
South Korean President Yoon Suk Yeol faces impeachment calls after his failed martial law declaration, which sparked the worst constitutional crisis in decades. Opposition lawmakers and protesters demand his resignation, citing a grave violation of the constitution, while financial authorities work to stabilize the economy amid market turmoil. If impeached, Yoon would be suspended from duties, with a new election required within 60 days.
Kim Yong Hyun
People
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South Korea's Martial Law Attempt Sparks Political Crisis and Division
16:05 04.12.2024
South Korea Declares Martial Law Amid Political Turmoil and Impeachment Calls
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14:04 04.12.2024
south korean president faces impeachment calls after failed martial law attempt
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05:55 04.12.2024
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