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VisitSouth Korea's President Yoon Faces Impeachment Motion; Ruling Party Opposes
Dec 4, 2024, 03:49 PM
South Korea's political landscape is in turmoil following President Yoon Suk Yeol's brief imposition of martial law, which lasted for 12 hours. This unprecedented move has led to a formal impeachment motion introduced by six opposition parties in the National Assembly. The motion, signed by 190 opposition lawmakers and one independent, is set for a vote tomorrow. Despite the political crisis, the ruling People Power Party has decided to oppose the impeachment, standing by President Yoon. The situation has caused significant backlash, with mass protests forcing the president to revoke the martial law declaration after six hours. The country's allies were caught off guard by the decision, which has plunged South Korea into its deepest political turmoil in modern democratic history.
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Markets
No • 50%
Yes • 50%
Official announcement from the Office of the President of South Korea
Yes • 50%
No • 50%
Official announcement from South Korea's National Assembly
No • 50%
Yes • 50%
Decision published by South Korea's Constitutional Court
Voluntarily steps down • 25%
Undergoes significant political reform • 25%
Remains in office with full powers • 25%
Faces another impeachment attempt • 25%
Official announcements and major news reports
Limited or no official response • 25%
Condemnation from international community • 25%
Support for South Korean government • 25%
Calls for dialogue and resolution • 25%
Statements from major international bodies like the UN, EU, or US State Department
Government crackdown on protests • 25%
Protests lead to policy changes • 25%
Protests subside without major changes • 25%
Protests escalate into larger political movement • 25%
Reports from major news agencies such as Yonhap News Agency and Reuters