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VisitSouth Korean President Yoon Survives Impeachment Over Martial Law After Ruling Party Boycotts Vote
Dec 7, 2024, 12:51 PM
On Saturday, South Korea's parliament failed to impeach President Yoon Suk-yeol after lawmakers from the ruling People Power Party boycotted the vote, resulting in insufficient quorum. The opposition-led impeachment motion was prompted by President Yoon's brief imposition of martial law earlier this week, which has sparked widespread protests outside parliament with thousands calling for his resignation. Prior to the impeachment vote, the parliament also failed to pass a bill to investigate scandals involving the first lady. As a result, President Yoon will remain in office for now.
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Markets
No • 50%
Yes • 50%
Official records from the South Korean parliament or credible news outlets
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No • 50%
Official records from the South Korean parliament or credible news outlets
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No • 50%
Official announcement from the South Korean government or credible news outlets
Ahn Cheol-soo • 25%
Other • 25%
Lee Jae-myung • 25%
Lee Nak-yon • 25%
Official announcements from South Korean political parties or credible news outlets
Other significant motion related to Yoon • 25%
Impeachment motion not tabled • 25%
Impeachment motion rejected • 25%
Impeachment motion passed • 25%
Official records from the South Korean parliament or credible news outlets
Protests escalate into larger national movement • 25%
Protests subside with no major change • 25%
Protests lead to President Yoon's resignation • 25%
Protests lead to new government policies • 25%
Credible news outlets reporting on the status of protests and any resulting actions