South Korea's acting President Han Duck-soo has been impeached by parliament, less than two weeks after President Yoon Suk-yeol was impeached for declaring martial law. The political turmoil has sent shockwaves through the economy and raised concerns from allies. Finance Minister Choi Sang-mok has become the new acting president and vowed to stabilize the situation, but faces potential removal if he clashes with parliament.
This is AI generated summarization, which may have errors. For context, always refer to the full article.
The unexpected imposition of martial law and the ensuing political upheaval sent shockwaves through Asia’s fourth-largest economy and drew concerns from allies in theHan’s sudden ouster adds to the uncertainty, and Choi may also face removal if he, too, clashes with the opposition-led parliament. The Korean won was down 0.5% at 1,477 per dollar as of 1100 GMT, after hitting a more than 15-year low of 1,486.7 ahead of the vote.
Han said he accepted the outcome. “In order to avoid further chaos and uncertainty, I will suspend my duties in accordance with relevant laws,” he said.The motion led by opposition parties passed with 192 votes in favor and no opposed after the ruling People Power Party boycotted the vote. PPP members surrounded the speaker’s podium, chanting that the vote was invalid and parliament had engaged in “tyranny.
Speaker Woo Won-shik declared a simple majority would constitute parliamentary approval, but the People Power Party said it had filed a constitutional court petition declaring that such a threshold was too low to remove an acting president.Also on Friday, the Constitutional Court held its first hearing to review whether to reinstate Yoon or remove him permanently from office. It has 180 days to reach a decision.
Yoon shocked the country and the world with a late-night announcement on December 3 that he was imposing martial law to overcome political deadlock and root out “anti-state forces.”
South Korea Impeachment Political Crisis Martial Law Economy
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
South Korea’s acting president moves to reassure allies, calm markets after impeachmentIn a further attempt to stabilize the country's leadership, the main opposition party announces it would not seek to impeach acting presdient Han Duck-soo for his involvement in Yoon's December 3 martial law decision
Read more »
South Korea Opposition to Impeach Acting President HanSouth Korea's opposition party plans to impeach acting President Han Duck-soo for refusing to sign special bills investigating his impeached predecessor, Yoon Suk Yeol.
Read more »
South Korea's Opposition Eyes Impeaching Acting President Over Special Counsel StalemateThe Democratic Party plans to impeach Acting President Han Duck-soo for refusing to approve a special counsel investigation into President Yoon Suk Yeol's attempted martial law imposition. The move escalates political tensions in South Korea.
Read more »
South Korea's Opposition Threatens Impeachment of Acting PresidentThe opposition Democratic Party in South Korea is planning to impeach Acting President Han Duck-soo over his refusal to sign special bills investigating the actions of impeached President Yoon Suk Yeol.
Read more »
South Korea's opposition moves to impeach acting presidentSEOUL — South Korea's opposition said Thursday it filed an impeachment motion against acting president Han Duck-soo, in an escalating row over the composition of the Constitutional Court which would decide whether to remove his predecessor from office.
Read more »
South Korea’s opposition moves to impeach acting president HanSeoul, South Korea—South Korea's opposition said Thursday it filed an impeachment motion against acting president Han Duck-soo, in an escalating row
Read more »