Latest News

South Korea has been plunged into uncharted waters after an extraordinary night of political upheaval. What happens next?

South Korea is reeling after a whiplash eight hours during which the country’s embattled president declared martial law but was forced to lift it amid widespread condemnation, throwing the country’s political landscape into chaos and uncertainty.

The saga began unfolding Tuesday night as most South Koreans prepared to go to sleep – prompting furious lawmakers to force their way past soldiers into parliament to strike down the decree, as protesters demanded President Yoon Suk Yeol’s removal and no return to the country’s painful authoritarian past.

By dawn, the president had caved – agreeing to lift martial law.

But questions are still swirling around the future of Yoon’s presidency, his party’s rule, and what happens next in one of the world’s most important economies and a major United States ally.

Here’s what we know.

What happened? What is martial law?

Yoon declared martial law around 10:30 p.m. local time Tuesday in an unannounced late-night TV address, accusing the country’s main opposition party of sympathizing with North Korea and of “anti-state” activities.

He also cited a motion by the opposition Democratic Party, which has a majority in parliament, to impeach top prosecutors and reject a government budget proposal.

Martial law refers to granting the military temporary rule during an emergency, which the president has the constitutional ability to declare. But the announcement hit like a bombshell, sending shock waves through a democratic nation and sparking an astonishing late-night political showdown.

In a nation with a strong contemporary tradition of free speech, Yoon’s military decree banned all political activities, including protests, rallies, and actions by political parties, according to Yonhap news agency. It also prohibited “denying free democracy or attempting a subversion,” and “manipulating public opinion.”

In the end, the decree only lasted a few hours.

Lawmakers flocked to the parliament, pushing their way past soldiers who had been deployed to keep the building blocked off.

In an extraordinary emergency late-night meeting, those present voted unanimously to block the decree, a vote the president is legally bound to obey.

The country’s political blocs came together to oppose Yoon’s decree – including members of his own party, with the party chief apologizing to the public and demanding an explanation from the president.

By 4:30 a.m., Yoon announced he would comply and lift the martial law order, saying he had withdrawn the troops deployed earlier in the night. But he doubled down on accusations that the opposition party was frustrating the moves of his government, urging lawmakers to stop their “legislative manipulation.”

Yoon’s cabinet voted to lift the decree soon after.

Political paralysis

South Korea has been in a bitter political stalemate for months, with the country’s liberal opposition parties winning a parliamentary majority in April. The election was widely seen as a referendum on Yoon, whose popularity has plummeted thanks to a number of scandals and controversies since he took office in 2022.

Yoon, a conservative, has clashed with the opposition on many of his policies that require legislation, preventing him from moving forward on campaign promises to cut taxes and ease business regulations.

He has also grown increasingly frustrated with the opposition’s efforts to impeach government figures, some of whom he’d appointed – including the chair of the broadcasting watchdog, the chair of the state auditor, and several top prosecutors, according to Yonhap.

The prosecutors in particular are a sore point for Yoon. Opposition lawmakers argue they failed to indict Yoon’s wife, the first lady – who has been embroiled in scandal and accusations of stock manipulation.

What was the response?

Outrage, shock and confusion ran through the country – and the world – in the immediate aftermath of the decree.

Late Tuesday night, residents in the capital Seoul rushed to be with their family members, while others gathered in front of the parliament building, where law enforcement told some they could be arrested without warrants.

Many protesters carried signs and flags calling for Yoon’s impeachment.

Some members of parliament appeared to clash with authorities outside the parliament building, with television footage showing troops attempting to enter the main hall – though they began withdrawing a few hours later when lawmakers blocked the decree.

What does it mean for the US?

The US voiced “grave concern” after Yoon declared martial law, and expressed relief after he lifted the decree – saying democracy was at the core of the US-South Korea alliance.

The two countries have a decades-old mutual defense treaty, which means both must come to the aid of the other if they are ever attacked.

Key US military installations dot South Korea, and there are nearly 30,000 American troops stationed in the country.

The US Army’s Camp Humphreys is the largest American military installation outside of the US, with a population of more than 41,000 US service members, civilian workers, contractors and family members.

Alongside Japan and the Philippines, which also have mutual defense treaties with the US, South Korea is part of a trio of regional partners that have helped to bolster American power in both Asia and the Pacific for decades.

Advocates argue that a significant US troop presence in the Korean Peninsula is crucial to deterring any potential attack from North Korea as Kim Jong Un’s regime continues to build its nuclear arsenal, and as a way of bolstering the US presence in the region to counter China’s aggression.

North Korea has also become a key player in Russia’s invasion of Ukraine by sending troops to help fight for Moscow’s forces, bringing an isolated Asian power into Europe’s largest conflict since the Second World War.

What happens now?

There’s a lot that’s still uncertain – including what will happen to the president and other top leaders.

Yoon’s chief of staff and more than 10 senior secretaries to the president have submitted their resignations, according to the president’s office.

The main opposition party said it would begin impeachment proceedings if Yoon didn’t step down immediately, calling his actions unconstitutional.

The chief of Yoon’s own party has also called for the removal of the defense minister for recommending martial law.

South Korea’s largest umbrella union also said on Wednesday its members would go on an indefinite general strike until Yoon resigns.

As of Wednesday morning, there remains a heavy police presence at the parliamentary building. Yoon postponed his first public scheduled meeting that morning, Yonhap reported.

This isn’t the first time he has faced calls for impeachment – with regular protests calling for his resignation, and a petition that received hundreds of thousands of signatures, Reuters reported.

Is this unusual for South Korea?

Yes – especially given the country’s long, painful crawl toward democracy after decades of authoritarian rule.

South Korea has been a vibrant democracy since the 1980s, with regular protests, free speech, fair elections and peaceful transfers of power. The domestic political scene has long been fractious, with presidents on both sides of the political divide often facing prosecutions while in and out of office.

Martial law is unheard of in the modern democratic era, which has seen South Korea become a major exporter and a cultural powerhouse, thanks in part to the huge global popularity of K-pop and K-drama.

But South Korea has a dark political past. Throughout much of the Cold War, the country went through a series of strongman leaders and military rulers, who declared martial law multiple times – sometimes in a bid to hold onto power amid growing public dissatisfaction.

At the time, protests could easily turn deadly, with the military deployed to crack down on those pushing back.

The last time a South Korean president declared martial law was in 1980, during a nationwide uprising led by students and labor unions. It wasn’t until 1988 that South Korea elected a president through free and direct elections.

That’s why protesters Tuesday and Wednesday held signs and chanted slogans vowing to never go back to dictatorial rule, the memory of which remains fresh in many people’s minds.

This post appeared first on cnn.com

You May Also Like

Latest News

The presidents of Spain’s regional soccer federations are calling for the resignation of Luis Rubiales, the suspended president of the National Football Association, in...

Latest News

Luis Rubiales on Sunday resigned from his position as president of the Spanish soccer federation following weeks of fierce criticism over his unwanted kiss...

Editor's Pick

When searching for world-class gold deposits, mining companies prefer high-grade, near-surface mineralization. Epithermal gold deposits check these boxes and more. While gold is often...

Editor's Pick

Overview A lot can change in two years — just look at Brazil. Best described as a bit player in the lithium space only...

Disclaimer: dividendsgrowth.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2024 dividendsgrowth.com