Market
Will South Korean parliament operations resume by March 31, 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from the South Korean government or verified news reports
Story
President Yoon Suk Yeol Declares Martial Law in South Korea, Accuses Opposition of Pro-North Korean Sympathies
Dec 3, 2024, 02:14 PM
South Korean President Yoon Suk Yeol has declared emergency martial law in a surprise late-night televised address on December 3, accusing opposition parties, particularly the Democratic Party, of anti-state activities and pro-North Korean sympathies. He stated that the measure is necessary to protect the country's democratic order from 'communist forces' and to eliminate anti-state elements, declaring, 'We will eradicate pro-North Korean forces and protect the constitutional order.' The president cited actions by the opposition-controlled parliament that have allegedly paralyzed government functions, including possible impeachment moves and blocking of budget bills. Defense Minister Kim Yong-hyun has put the military on high alert, holding emergency meetings with top commanders, and access to the South Korean parliament has been blocked with members reportedly unable to enter. The declaration has sparked concerns about the state of democracy in South Korea amid escalating political tensions.
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Dissolved • 25%
Fully operational • 25%
Other status • 25%
Under military control • 25%
No • 50%
Yes • 50%
Martial law upheld and funds remain blocked • 25%
Other resolution • 25%
Funds unblocked • 25%
Martial law revoked • 25%
Yes • 50%
No • 50%
No • 50%
Yes • 50%
Other Resolution • 25%
Yoon Impeached • 25%
Yoon Resigns • 25%
Yoon Remains in Power • 25%
Impeachment proceedings • 25%
No action taken • 25%
Censure or reprimand • 25%
Other significant response • 25%
President Yoon remains in office • 25%
President Yoon is impeached • 25%
President Yoon resigns • 25%
Other resolution • 25%