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South Korea's Martial Law Declaration Sparks Protests and Political Turmoil
South Korean President Yoon Suk Yeol's brief declaration of martial law on December 3, aimed at curbing political dissent, was swiftly overturned by parliament the next day amid widespread protests. The incident has raised concerns over potential impeachment proceedings and political instability, reminiscent of past crises in the country. While the KOSPI Index has dropped over 2%, analysts suggest the market impact may be temporary, with opportunities for tactical investments in Korean bonds and equities.
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