Market
What will be the outcome of the collective cabinet resignations in South Korea by January 31, 2025?
2
Resolution / Starting Odds
Accepted • 25%
Rejected • 25%
Partial Acceptance • 25%
No Decision • 25%
Official government announcements or major news outlets
Story
South Korea's Defense Minister Kim Yong-hyun Resigns After Six-Hour Martial Law Imposed by President Yoon
Dec 4, 2024, 09:54 AM
South Korean Defense Minister Kim Yong-hyun has offered his resignation and apologized to citizens following the controversial imposition of martial law by President Yoon Suk Yeol. Kim admitted responsibility for influencing the decision to declare martial law, which was in effect for only six hours before being lifted by a parliamentary vote. He stated, 'I take full responsibility for all situations related to martial law.' Other cabinet members have also offered their collective resignations amid the turmoil, though President Yoon has not yet accepted them. The opposition has initiated impeachment motions against both President Yoon and Minister Kim, heightening the political crisis in the country.
View original story
Similar markets
Rejected by President • 25%
Some ministers replaced • 25%
No changes • 25%
Accepted by President • 25%
Yoon resigns • 25%
Yoon is arrested • 25%
Other outcome • 25%
Yoon remains in power • 25%
Other outcome • 25%
Martial law remains, government unchanged • 25%
Martial law lifted, current government remains • 25%
Martial law lifted, opposition gains power • 25%
Military coup occurs • 25%
Power-sharing agreement reached • 25%
President Yoon remains in power • 25%
President Yoon is impeached • 25%
Other • 25%
Crisis ongoing • 25%
Crisis resolved • 25%
Escalation of crisis • 25%
Other resolution • 25%
President Yoon is impeached • 25%
President Yoon resigns • 25%
President Yoon remains in office • 25%
Yoon Remains in Power • 25%
Yoon Impeached • 25%
Other Resolution • 25%
Yoon Resigns • 25%
Interim government established • 25%
Yoon remains in power • 25%
New elections held • 25%
Other resolution • 25%
Early Elections Held • 25%
Other Outcome • 25%
Acting President Stays • 25%
New Interim Leader Appointed • 25%
Interim President Appointed • 25%
Other • 25%
Yoon Suk Yeol Reinstated • 25%
New President Elected • 25%
Government reshuffle • 25%
Resignation and snap election • 25%
No significant changes • 25%
Other significant political changes • 25%