New Market Perspective
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

New Market Perspective

Politics

South Koreans cast votes for new president to succeed Yoon after his ouster over martial law declaration

by admin June 3, 2025
June 3, 2025
South Koreans cast votes for new president to succeed Yoon after his ouster over martial law declaration
NEWYou can now listen to Fox News articles!

Millions of South Korean voters are casting their ballots on Tuesday for a new president in a snap election following the ouster of former President Yoon Suk Yeol.

Yoon, a conservative, faces trial on rebellion charges over his short-lived martial law declaration in December.

Pre-election surveys suggested Lee Jae-myung, Yoon’s liberal archrival, appeared poised to coast to victory due to public frustration over the conservatives in the wake of Yoon’s martial law decree.

The main conservative candidate, Kim Moon Soo, has struggled to win over moderate swing voters, as his People Power Party grapples with internal feuding over how to view Yoon’s actions.

Over the past six months, large crowds of people rallied in the streets to either protest against Yoon or come to his support.

The winner of the election will immediately be sworn in as president on Wednesday for a single, full five-year term without the typical two-month transition period. The new president will face significant challenges, including a slowing economy, U.S. President Donald Trump’s tariffs and North Korea’s nuclear threats.

Voting began at 6 a.m. at more than 14,000 polling stations nationwide. Polls will close at 8 p.m., and observers say a winner could be declared as early as midnight.

As of 2 p.m. local time, more than 13 million people had cast their ballots. Roughly 15 million also voted during last week’s two-day early voting period, meaning voter turnout stood at 65.5%. South Korea has 44.4 million eligible voters.

On Tuesday, Lee, whose Democratic Party led the legislative effort to oust Yoon, urged voters to ‘deliver a stern and resolute judgement’ against the conservatives over Yoon’s martial law declaration.

In one of his final campaign speeches on Monday, Lee argued that a victory by Kim would represent ‘the return of the rebellion forces, the destruction of democracy and the deprival of people’s human rights.’ He also vowed to revitalize the economy, reduce inequality and ease national divisions.

Kim, a former labor minister under Yoon, warned that a win by Lee would allow him to hold excessive power, launch political retaliation against opponents and legislate laws to protect him from various legal troubles, as his party already has control of parliament.

Lee ‘is now trying to seize all power in South Korea and establish a Hitler-like dictatorship,’ Kim said at a rally in the southeastern city of Busan.

The Associated Press contributed to this report.

This post appeared first on FOX NEWS

0
FacebookTwitterGoogle +Pinterest
previous post
Puerto Rico permits nonbinary gender marker on birth certificates in landmark court decision
next post
Trump’s fresh White House portrait sparks interest amid controversy over National Portrait Gallery leadership

Related Posts

Faith in DOJ plummets as Biden, pardoning Hunter,...

December 4, 2024

US, UK and Australia take next step in...

August 11, 2024

Senate Dems race to confirm Biden judges ahead...

November 15, 2024

Former Hunter Biden associate Tony Bobulinski to testify...

February 8, 2024

China ramps up military ‘rehearsals’ around Taiwan, outstrips...

April 11, 2025

White House drops COVID-19 rule that those around...

March 5, 2024

‘All-in’: GOP lawmakers divided on US involvement as...

June 14, 2025

Comer requests Trump DOJ prosecute James Biden for...

January 17, 2025

Battleground Democrats leave Biden high and dry after...

June 29, 2024

What kind of future does Nikki Haley have...

March 9, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • GOP lawmakers advocate for US condemnation of persecution against Christians in Muslim-majority nations

      July 23, 2025
    • ‘Not going away’: Inside the Epstein drama that’s thrown House GOP into chaos

      July 23, 2025
    • Obama denies Trump’s ‘bizarre allegations’ that he was Russiagate ‘ringleader’ in rare statement

      July 23, 2025
    • Huckabee hits back at Western countries that ‘side’ with terror group Hamas

      July 23, 2025
    • Jeffrey Epstein case reopens focus on Ghislaine Maxwell as deputy AG steps in

      July 23, 2025
    • George Clooney silent after Hunter Biden blasts actor for op-ed that helped end Biden campaign

      July 23, 2025

    Popular

    • 1

      Top 5 Junior Copper Stocks on the TSXV in 2023

      December 22, 2023
    • 2

      Crypto Market 2023 Year-End Review

      December 22, 2023
    • 3

      Canada Silver Cobalt Begins Drilling at Lowney-Lac Edouard in Quebec, Targeting Nickel-Copper-Cobalt Mineralization

      December 22, 2023
    • 4

      10 Top Oil-producing Countries (Updated 2024)

      October 19, 2024
    • 5

      Powered by rain, this seed carrier could help reforest the most remote areas

      December 19, 2023
    • 6

      A troubling theory about traders profiting from Hamas’ attack on Israel drew much attention. Why it may not be so simple.

      December 13, 2023
    • 7

      Top 10 Uranium-producing Countries (Updated 2024)

      April 18, 2024

    Categories

    • Business (1,416)
    • Investing (3,580)
    • Politics (4,670)
    • World (4,461)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: newmarketperspective.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 © 2025 newmarketperspective.com | All Rights Reserved