Bull Hedging
  • Politics
  • Stocks
  • Business
  • Investing
  • Politics
  • Stocks
  • Business
  • Investing

Bull Hedging

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

previous post
LIZ PEEK: Trump must stay strong, US reliance on Chinese minerals and drugs puts Americans at risk
next post
Trump’s fresh White House portrait sparks interest amid controversy over National Portrait Gallery leadership

Related Posts

Trump signs order instructing DOGE to massively cut...

February 12, 2025

Top Biden ally ‘disappointed’ by president’s veto on...

December 25, 2024

Faye Hall, American detained by Taliban, has been...

March 30, 2025

Egypt reportedly releases details on plan to rebuild...

February 13, 2025

Sen. Steve Daines says regime change is the...

July 8, 2025

Top House committees accuse Dem fundraising giant of...

May 8, 2025

‘Light on the truth’: Gabbard announces RFK files...

April 19, 2025

Bush DOJ lawyer warns Trump admin against ‘terrible...

March 23, 2025

Democrats propose bill to prevent Trump from relocating...

April 6, 2025

Elon Musk says federal employees must fill out...

February 23, 2025

Recent Posts

  • The Real Drivers of This Market: AI, Semis & Robotics
  • S&P 500 Breaking Out Again: What This Means for Your Portfolio
  • North Korea breaks silence on Trump’s return, sends message from ‘Rocket Man’
  • Mamdani’s rise, ‘vile hatred’ of US Jews the focus of ‘critical’ closed-door congressional huddle
  • Gaza Humanitarian Foundation: What to know about the US-backed aid group

Recent Comments

No comments to show.

About Us

About Us

Design Magazine

Welcome to Design Magazine. Follow us for daily & updated design tips, guide and knowledge.

Stay Connect

Facebook Twitter Instagram Pinterest Youtube Email

Recent Posts

  • The Real Drivers of This Market: AI, Semis & Robotics

    July 30, 2025
  • S&P 500 Breaking Out Again: What This Means for Your Portfolio

    July 30, 2025
  • North Korea breaks silence on Trump’s return, sends message from ‘Rocket Man’

    July 30, 2025
  • Mamdani’s rise, ‘vile hatred’ of US Jews the focus of ‘critical’ closed-door congressional huddle

    July 30, 2025
  • Gaza Humanitarian Foundation: What to know about the US-backed aid group

    July 30, 2025
  • Starmer says UK to recognize Palestinian state if Israel doesn’t agree to ceasefire, Hamas must ‘disarm’

    July 30, 2025

Editors’ Picks

  • 1

    Small Caps are Set to Skyrocket in 2025—Here’s What You Need to Know

    December 12, 2024
  • 2

    Trump leaves China guessing what his next move is with unusual inauguration invitation

    December 15, 2024
  • 3

    Ad revenue should stabilize for media companies in 2025 — if they have sports

    December 31, 2024
  • 4

    Uranium Price Forecast: Top Trends That Will Affect Uranium in 2025

    December 19, 2024
  • 5

    Lead Price Forecast: Top Trends for Lead in 2025

    January 11, 2025
  • 6

    Zinc Stocks: 4 Biggest Canadian Companies in 2025

    January 15, 2025
  • 7

    Trudeau declares himself ‘proud feminist’ after lamenting Harris loss to Trump as setback for women

    December 13, 2024
Promotion Image

banner

Categories

  • Business (472)
  • Investing (1,671)
  • Politics (2,054)
  • Stocks (688)
  • About us
  • Contacts
  • Privacy Policy
  • Terms and Conditions
  • Email Whitelisting

Disclaimer: bullhedging.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 bullhedging.com | All Rights Reserved