Market
How will the standoff at the South Korean National Assembly be resolved by May 31, 2025?
3
Resolution / Starting Odds
Martial law revoked • 25%
Funds unblocked • 25%
Martial law upheld and funds remain blocked • 25%
Other resolution • 25%
Official announcements from the South Korean government or verified news outlets
Story
South Korea's President Yoon Suk Yeol Declares Martial Law, Blocks All Funds to National Assembly Amid North Korea Threats
Jan 4, 2025, 05:41 AM
South Korean President Yoon Suk Yeol has declared martial law amid rising tensions with North Korea and domestic unrest. This declaration has resulted in a chaotic standoff at the National Assembly, where opposition lawmakers have rejected the move. Following the declaration, Yoon instructed Economy Minister Choi Sang-mok to completely block all funds to the National Assembly, indicating a severe restriction on legislative operations. Despite pushback from cabinet members, Yoon insisted on proceeding with the declaration, citing the need for urgent measures to address what he described as the National Assembly's misconduct. He emphasized the necessity of extraordinary measures to ensure a stable future for the country, stating, “This is not a proper country. We need to correct this.”
View original story
Similar markets
President Yoon is impeached • 25%
Other resolution • 25%
President Yoon resigns • 25%
President Yoon remains in office • 25%
Yoon Remains in Power • 25%
Other Resolution • 25%
Yoon Impeached • 25%
Yoon Resigns • 25%
Status quo maintained • 25%
Other significant resolution • 25%
Government reshuffle • 25%
New elections called • 25%
Escalation of crisis • 25%
Other • 25%
Crisis ongoing • 25%
Crisis resolved • 25%
New elections held • 25%
Yoon remains in power • 25%
Interim government established • 25%
Other resolution • 25%
Martial law lifted, current government remains • 25%
Martial law remains, government unchanged • 25%
Other outcome • 25%
Martial law lifted, opposition gains power • 25%
Other significant political changes • 25%
Resignation and snap election • 25%
No significant changes • 25%
Government reshuffle • 25%
Other • 25%
Peaceful resolution • 25%
Use of force • 25%
Continued standoff • 25%
Other outcome • 25%
Yoon is arrested • 25%
Yoon resigns • 25%
Yoon remains in power • 25%
Yoon Reinstated • 25%
Yoon Permanently Removed • 25%
Han Remains Acting President • 25%
New Elections Called • 25%
Military coup occurs • 25%
President Yoon is impeached • 25%
Power-sharing agreement reached • 25%
President Yoon remains in power • 25%