Market
Leading Party in South Korean Government by End of 2025
3
Resolution / Starting Odds
Democratic Party • 25%
People Power Party • 25%
Newly formed coalition • 25%
Other • 25%
Official election results and government announcements
Story
South Korea's President Yoon Declares Martial Law to Counter North Korean Threats, Accuses Opposition Party
Dec 3, 2024, 02:03 PM
South Korean President Yoon Suk Yeol declared emergency martial law on December 3 in an unannounced late-night televised address, citing the need to protect the country from North Korea's communist forces and to eliminate anti-state elements. Accusing the opposition Democratic Party of anti-state activities and sympathizing with North Korea, President Yoon stated that government administration has been paralyzed due to the opposition's conduct, including impeachment attempts against him. The martial law grants the military authority to maintain public order and unlimited power in making and enforcing laws to uphold the constitutional order. Following the declaration, the Defense Minister ordered a meeting with the military's top commanders. This unprecedented move aims to rebuild a free and democratic country amid political turmoil.
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Similar markets
Democratic Party of Korea • 25%
Justice Party • 25%
Other • 25%
People Power Party • 25%
Justice Party • 25%
Other • 25%
People Power Party • 25%
Democratic Party • 25%
Opposition party • 25%
No significant change • 25%
New political movement • 25%
Yoon's party • 25%
New leader from within party • 25%
New leader from outside party • 25%
Leadership remains undecided • 25%
Han Dong-hoon retains leadership • 25%
Justice Party • 25%
Democratic Party • 25%
People Power Party • 25%
Other • 25%
Other outcome • 25%
New leader elected • 25%
Current leader remains • 25%
Temporary leadership • 25%
Current Opposition Party • 25%
Other • 25%
New Coalition • 25%
Current Ruling Party • 25%
Justice Party • 25%
Other • 25%
Democratic Party • 25%
People Power Party • 25%
Leadership remains unchanged • 25%
Yoon retains leadership • 25%
Han Dong-hoon becomes leader • 25%
Another member becomes leader • 25%
Other • 25%
Justice Party • 25%
People Power Party • 25%
Democratic Party • 25%
Political stalemate • 25%
Military takes control • 25%
Yoon remains President • 25%
New President elected • 25%
Main opposition party • 25%
Current ruling party • 25%
Other coalition • 25%
Military leadership • 25%