In a historic ruling, South Korea's Constitutional Court ousted President Yoon Suk-yeol on Friday, upholding a parliamentary impeachment tied to his controversial imposition of martial law in 2023. The decision ends months of political chaos, dubbed the nation's 'House of Cards moment' by local media. 📉
The crisis, triggered by Yoon's drastic move to curb protests over economic reforms, has rattled Asia's fourth-largest economy. Analysts warn the turmoil could delay cooperation with the U.S. administration under President Donald Trump during a critical period of slowing growth. 💼🌐
With Yoon's removal, South Korea must now hold elections within 60 days. Political rookie Hong Joon-pyo from the opposition Democratic Party and establishment figure Ahn Cheol-soo are emerging as frontrunners. 🗳️
'This isn't just about impeachment—it's about accountability,' tweeted activist Park Ji-hyun, reflecting public sentiment after waves of youth-led demonstrations. South Korea's KOSPI index dipped 1.3% following the news. 📉🇰🇷
Reference(s):
S. Korea's Yoon ousted as court upholds impeachment after martial law
cgtn.com