{"id":133290,"date":"2024-12-04T18:28:48","date_gmt":"2024-12-04T11:28:48","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=133290"},"modified":"2024-12-04T18:28:48","modified_gmt":"2024-12-04T11:28:48","slug":"why-did-south-korea-declare-martial-law","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=133290","title":{"rendered":"Why Did South Korea Declare Martial Law?"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div>\n                                  <!-- Excluded mobile ad on desktop --><\/p>\n<ul class=\"summary-list\">\n<li>South Korea&#8217;s president, Yoon Suk Yeol, declared martial law in a shock address on Tuesday.<\/li>\n<li>He expressed frustration with paralyzing opposition forces within the government.<\/li>\n<li>After hours of civil unrest, Yoon rescinded the order, but many are calling for his resignation.<\/li>\n<\/ul>\n<p>In a stunning move that threw the nation into turmoil, <a target=\"_blank\" class=\"\" href=\"https:\/\/www.businessinsider.com\/man-gained-weight-dodge-south-korea-draft-prison-extreme-cases-2024-11\" data-analytics-product-module=\"body_link\" rel=\"noopener\">South Korea&#8217;s<\/a> president, Yoon Suk Yeol, invoked martial law on Tuesday, only to reverse course six hours later.<\/p>\n<p>The decree, which brought temporary military control and the suspension of civilian government activities and civil liberties, marked South Korea&#8217;s first declaration of <a target=\"_blank\" class=\"\" href=\"https:\/\/www.businessinsider.com\/russia-slaps-away-calls-martial-law-drone-attacks-moscow-2023-6\" data-analytics-product-module=\"body_link\" rel=\"noopener\">martial law<\/a> since the country&#8217;s democratization in 1987.<\/p>\n<p><!-- Excluded mobile ad on desktop --><\/p>\n<p>The last time that a South Korean leader declared martial law was in 1979, in the aftermath of the assassination of the president.<\/p>\n<p>The resulting turmoil in this instance could be felt for some time.<\/p>\n<p>Calls are growing for the president&#8217;s resignation. All six opposition parties filed an impeachment motion on Wednesday, with a vote set for Friday or Saturday, according to the <a target=\"_blank\" href=\"https:\/\/en.yna.co.kr\/view\/AEN20241204010951315?section=national\/politics\" data-analytics-product-module=\"body_link\" rel=\"nofollow noopener\">Yonhap<\/a> news agency.<\/p>\n<p><!-- Excluded mobile ad on desktop --><\/p>\n<p>After Yoon ordered martial law, South Korea&#8217;s parliament voted unanimously to block the decree, declaring the move invalid, but martial law remained in effect.<\/p>\n<p>Yoon announced he would lift martial law and withdraw troops the following day. The Joint Chiefs of Staff then said that the deployed troops had returned to their original units. In the aftermath, Yoon&#8217;s cabinet approved the reversal.<\/p>\n<p>But the reversal of the order wasn&#8217;t enough to stymie economic anxieties that arose out of the unrest. On Wednesday, South Korea&#8217;s Kospi Index closed 1.4% lower. The won fell to its lowest level since October 2022 but trimmed losses in Asian hours.<\/p>\n<p><!-- Excluded mobile ad on desktop --><\/p>\n<p>Companies in the country, including South Korea&#8217;s SK Group, a conglomerate of semiconductor and energy businesses, and Korean shipbuilder HD Hyundai, were hosting emergency executive meetings in the early morning hours on Wednesday, per Bloomberg.<\/p>\n<p>&#8220;We are concerned that these events could impact South Korea&#8217;s sovereign credit rating, although this is uncertain at this stage,&#8221; wrote Min Joo Kan, ING Economics&#8217; senior economist in Seoul, in a research note.<\/p>\n<p>The leader of Yoon&#8217;s party <a target=\"_blank\" class=\"\" href=\"https:\/\/www.cnn.com\/world\/live-news\/martial-law-south-korea-intl#cm48wxk0q00103b6ntkdpe3m6\" data-analytics-product-module=\"body_link\" rel=\"nofollow noopener\">said<\/a> that the ruling party feels &#8220;deeply sorry to the public,&#8221; adding that &#8220;the president must directly and thoroughly explain this tragic situation&#8221; and that those who called for martial law should be held accountable.<\/p>\n<p><!-- Excluded mobile ad on desktop --><\/p>\n<p>Yoon&#8217;s chief of staff and more than 10 senior secretaries have offered to resign, as has the country&#8217;s defense minister, according to local reports.<\/p>\n<p>The country&#8217;s largest labor union, the Korean Confederation of Trade Unions, is on indefinite strike, demanding Yoon&#8217;s resignation, which could hurt production.<\/p>\n<figure class=\"figure image-figure-image   \" data-type=\"img\" data-e2e-name=\"image-figure-image\" data-media-container=\"image\" itemscope=\"\" itemtype=\"https:\/\/schema.org\/ImageObject\">\n<div class=\"lazy-holder \" style=\"padding-top: calc(100% * 5184 \/ 7696)\">\n<p>                          <meta itemprop=\"contentUrl\" content=\"https:\/\/i.insider.com\/674fd0e67929f317fb4fd985\"\/><br \/>\n                          <img xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"lazy-image \" encoding=\"UTF-8\" width=\"1\" height=\"1\" data-content-type=\"image\/jpeg\" srcs=\"{&quot;https:\/\/i.insider.com\/674fd0e67929f317fb4fd985&quot;:{&quot;contentType&quot;:&quot;image\/jpeg&quot;,&quot;aspectRatioW&quot;:7696,&quot;aspectRatioH&quot;:5184}}\" alt=\"South Korean protestors march against President Yoon\"\/>\n                        <\/div>\n<p>                          <span class=\"image-source-caption \"><figcaption class=\"image-caption headline-semibold\" data-e2e-name=\"image-caption\">\n                                  South Korean protesters hold a banner that read &#8220;We condemn Yoon Suk Yeol&#8217;s illegal martial law&#8221; during a rally in Seoul on Wednesday.<\/p>\n<p>                          <span class=\"image-source headline-regular\" data-e2e-name=\"image-source\" itemprop=\"creditText\"><\/p>\n<p>                          JUNG YEON-JE\/AFP via Getty Images<\/p>\n<p>                          <\/span><br \/>\n                                <\/figcaption><\/span><br \/>\n                          <\/figure>\n<h2 id=\"4039532d-b7b5-48b1-ade7-b0905a199f0b\" data-toc-id=\"4039532d-b7b5-48b1-ade7-b0905a199f0b\">Why did Yoon declare martial law?<\/h2>\n<p>Yoon indicated the move was necessary to counter North Korea, but the move appears to be at least partly political.<\/p>\n<p><!-- Excluded mobile ad on desktop --><\/p>\n<p>In a televised address, he spoke of &#8220;anti-state forces,&#8221; saying martial law was necessary to eliminate them quickly and &#8220;normalize the country.&#8221; He also criticized the country&#8217;s opposition politicians, responding to a series of political setbacks that have frustrated his agenda.<\/p>\n<p>Yoon has suffered from low approval ratings this year and has been described by critics as a &#8220;<a target=\"_blank\" class=\"\" href=\"https:\/\/www.bbc.com\/news\/live\/cn38321180et\" data-analytics-product-module=\"body_link\" rel=\"nofollow noopener\">lame-duck president<\/a>,&#8221; as he holds the nation&#8217;s highest office without having a majority in its legislature.<\/p>\n<p>Yoon&#8217;s conservative People Power Party lost a general election in April, in which the rival Democratic Party of Korea took 175 of the 300 seats in the National Assembly.<\/p>\n<p><!-- Excluded mobile ad on desktop --><\/p>\n<p>The opposition majority in parliament last week voted to cut almost $3 billion from Yoon&#8217;s 2025 budget, undermining his plans. They have also tried to impeach three top prosecutors, The Associated Press <a target=\"_blank\" class=\"\" href=\"https:\/\/apnews.com\/article\/south-korea-yoon-martial-law-997c22ac93f6a9bece68454597e577c1\" data-analytics-product-module=\"body_link\" rel=\"nofollow noopener\">reported<\/a>.<\/p>\n<p>Even as he reversed his martial law decision, Yoon continued to criticize those he saw as frustrating his agenda, requesting in a later address that the National Assembly &#8220;immediately stop its reckless actions that paralyze the functions of the state through repeated impeachment, legislative manipulation, and budget manipulation.&#8221;<\/p>\n<p>The decision to invoke martial law led to parliamentary activity being prohibited, according to the country&#8217;s government-funded <a target=\"_blank\" class=\"\" href=\"https:\/\/en.yna.co.kr\/view\/AEN20241204000200315?section=news&amp;input=rss\" data-analytics-product-module=\"body_link\" rel=\"nofollow noopener\">Yonhap<\/a> news agency. Anyone who violated the rules could have been arrested without a warrant.<\/p>\n<p><!-- Excluded mobile ad on desktop --><\/p>\n<p>The outlet also said that media and publishers fell under the control of South Korea&#8217;s military.<\/p>\n<p>The provisions of martial law also allowed for the suspension of certain civil liberties.<\/p>\n<figure class=\"figure image-figure-image   \" data-type=\"img\" data-e2e-name=\"image-figure-image\" data-media-container=\"image\" itemscope=\"\" itemtype=\"https:\/\/schema.org\/ImageObject\">\n<div class=\"lazy-holder \" style=\"padding-top: calc(100% * 2863 \/ 4294)\">\n<p>                          <meta itemprop=\"contentUrl\" content=\"https:\/\/i.insider.com\/675014f6ef9a5d904789cde8\"\/><br \/>\n                          <img xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"lazy-image \" encoding=\"UTF-8\" width=\"1\" height=\"1\" data-content-type=\"image\/jpeg\" srcs=\"{&quot;https:\/\/i.insider.com\/675014f6ef9a5d904789cde8&quot;:{&quot;contentType&quot;:&quot;image\/jpeg&quot;,&quot;aspectRatioW&quot;:4294,&quot;aspectRatioH&quot;:2863}}\" alt=\"Korean soldiers during martial law\"\/>\n                        <\/div>\n<p>                          <span class=\"image-source-caption \"><figcaption class=\"image-caption headline-semibold\" data-e2e-name=\"image-caption\">\n                                  About 300 soldiers were deployed on Tuesday night.<\/p>\n<p>                          <span class=\"image-source headline-regular\" data-e2e-name=\"image-source\" itemprop=\"creditText\"><\/p>\n<p>                          JUNG YEON-JE\/AFP via Getty Images<\/p>\n<p>                          <\/span><br \/>\n                                <\/figcaption><\/span><br \/>\n                          <\/figure>\n<h2 id=\"3bf46501-0a61-47aa-aff5-294c5ed95447\" data-toc-id=\"3bf46501-0a61-47aa-aff5-294c5ed95447\">What has been the political reaction?<\/h2>\n<p>Yoon&#8217;s late-night announcement prompted protests outside parliament, with some trying to climb its walls. There was also intense criticism of Yoon for short-circuiting the country&#8217;s democracy.<\/p>\n<p><!-- Excluded mobile ad on desktop --><\/p>\n<p>Han Dong-hoon, the leader of the ruling People Power Party, said imposing martial law was &#8220;wrong&#8221; and that he would &#8220;stop it with the people.&#8221;<\/p>\n<p>South Korea&#8217;s main opposition leader, Lee Jae-myung, described the move as unconstitutional.<\/p>\n<p>Yoon was already an unpopular leader in Korea. Gallup&#8217;s latest poll, released last week, showed his approval rating falling to 19%, per a poll of 1,000 adults.<\/p>\n<p><!-- Excluded mobile ad on desktop --><\/p>\n<p>The unexpected declaration of martial law was also said to have caught the Biden administration by surprise.<\/p>\n<p>South Korea is a key US ally in the Indo-Pacific region and is a base for roughly 28,500 American service members, as well as numerous civilian workers and dependents.<\/p>\n<p>&#8220;We continue to expect political disagreements to be resolved peacefully and in accordance with the rule of law,&#8221; US Secretary of State Antony Blinken said in a statement after the martial law was rescinded.<\/p>\n<p><!-- Excluded mobile ad on desktop --><\/p>\n<h2 id=\"f56ccdac-9091-4714-9949-37a3f3a4dc11\" data-toc-id=\"f56ccdac-9091-4714-9949-37a3f3a4dc11\">How has the economy been affected?<\/h2>\n<p id=\"f56ccdac-9091-4714-9949-37a3f3a4dc11\">Markets reacted immediately to South Korea&#8217;s political crisis, with <a target=\"_blank\" class=\"\" href=\"https:\/\/markets.businessinsider.com\/news\/stocks\/south-korea-martial-law-stocks-plunge-coupang-posco-parliament-2024-12\" data-analytics-product-module=\"body_link\" rel=\"noopener\">US-listed Korean stocks and the South Korean won<\/a> taking a hit in overnight trade.<\/p>\n<section class=\"dad-related-posts-component at-inline related-posts \" data-component-type=\"dad-related-posts\" data-delay-third-party-scripts=\"true\" data-size=\"2\" data-container-index=\"in_content_recirc_1\" data-included-verticals=\"defense\" data-placement=\"inline\" data-prevent-collision=\"true\" data-excluded-verticals=\"bi-video\" data-root-margin=\"250px 0px\" data-track-view=\"{&quot;event&quot;:&quot;module_in_view&quot;,&quot;element_name&quot;:&quot;in_content_recirc&quot;,&quot;subscription_experience&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;in_content_recirc_1&quot;}\">\n<p><h2 class=\"content-recommendations-title headline-semibold ignore-typography \">\n                                Related stories<br \/>\n                              <\/h2>\n<\/p>\n<\/section>\n<p id=\"f56ccdac-9091-4714-9949-37a3f3a4dc11\">South Korean authorities rushed to reassure investors.<\/p>\n<p id=\"f56ccdac-9091-4714-9949-37a3f3a4dc11\">The country&#8217;s <a target=\"_blank\" class=\"\" href=\"https:\/\/www.moef.go.kr\/nw\/nes\/detailNesDtaView.do;jsessionid=tXun4v7l2CkNGFJBS+gczCEH.node10?searchBbsId1=MOSFBBS_000000000028&amp;searchNttId1=MOSF_000000000071583&amp;menuNo=4010100\" data-analytics-product-module=\"body_link\" rel=\"nofollow noopener\">finance ministry<\/a> said on Wednesday it was standing ready to deploy all necessary measures to stabilize the financial markets.<\/p>\n<p><!-- Excluded mobile ad on desktop --><\/p>\n<p id=\"f56ccdac-9091-4714-9949-37a3f3a4dc11\">&#8220;We will inject unlimited liquidity into stocks, bonds, short-term money market as well as forex market for the time being until they are fully normalised,&#8221; the ministry said in a statement.<\/p>\n<p id=\"f56ccdac-9091-4714-9949-37a3f3a4dc11\">The Bank of Korea held an emergency meeting on Wednesday morning. The central bank pledged to increase short-term liquidity and stabilize the markets.<\/p>\n<p id=\"f56ccdac-9091-4714-9949-37a3f3a4dc11\">Citi economist Kim Jin-wook wrote in a research note viewed by Reuters that the political turmoil could have &#8220;short-lived&#8221; effects for the market and economy with &#8220;proactive policy response.&#8221;<\/p>\n<p><!-- Excluded mobile ad on desktop --><\/p>\n<p id=\"f56ccdac-9091-4714-9949-37a3f3a4dc11\">One notable stock surge amid the turmoil: Kakao, and subsidiaries Kakaopay and KakaoBank, were up on Wednesday. Billionaire founder Brian Kim was arrested in July on charges of manipulating a major K-pop agency deal last year.<\/p>\n<\/p><\/div>\n<p><script>window.allScripts = window.allScripts || []; window.allScripts.push({ type: \"load\", script: \"%3Cscript%20id%3D%22meta-pixel-script%22%3E(()%3D%3E%7Bvar%20e%3D%7B69531%3A()%3D%3E%7Bvar%20e%2Cr%2Cn%2Ct%2Co%2Ci%3Bfunction%20s()%7Bwindow.Fenrir%3F.cm%3F.usPrivacyApplies%26%26%22ACCEPT%22%3D%3D%3Dwindow.Fenrir%3F.cm%3F.userConsent.OPT_OUT%3Ffbq(%22dataProcessingOptions%22%2C%5B%22LDU%22%5D%2C0%2C0)%3Afbq(%22dataProcessingOptions%22%2C%5B%5D)%2Cfbq(%22init%22%2C%221988166924554892%22)%2Cfbq(%22track%22%2C%22PageView%22)%7De%3Dwindow%2Cr%3Ddocument%2Cn%3D%22script%22%2Ce.fbq%7C%7C(t%3De.fbq%3Dfunction()%7Bt.callMethod%3Ft.callMethod.apply(t%2Carguments)%3At.queue.push(arguments)%7D%2Ce._fbq%7C%7C(e._fbq%3Dt)%2Ct.push%3Dt%2Ct.loaded%3D!0%2Ct.version%3D%222.0%22%2Ct.queue%3D%5B%5D%2C(o%3Dr.createElement(n)).async%3D!0%2Co.src%3D%22https%3A%2F%2Fconnect.facebook.net%2Fen_US%2Ffbevents.js%22%2C(i%3Dr.getElementsByTagName(n)%5B0%5D).parentNode.insertBefore(o%2Ci))%2Cwindow.Fenrir%3F.cm%3F.cmStarted%26%26window.Fenrir%3F.cm%3F.userConsent%3Fs()%3AsetTimeout(s%2C1e3)%7D%7D%2Cr%3D%7B%7D%3Bfunction%20n(t)%7Bvar%20o%3Dr%5Bt%5D%3Bif(void%200!%3D%3Do)return%20o.exports%3Bvar%20i%3Dr%5Bt%5D%3D%7Bexports%3A%7B%7D%7D%3Breturn%20e%5Bt%5D(i%2Ci.exports%2Cn)%2Ci.exports%7Dn.m%3De%2Cn.c%3Dr%2Cn.o%3D(e%2Cr)%3D%3EObject.prototype.hasOwnProperty.call(e%2Cr)%2C(()%3D%3E%7Bn.S%3D%7B%7D%3Bvar%20e%3D%7B%7D%2Cr%3D%7B%7D%3Bn.I%3D(t%2Co)%3D%3E%7Bo%7C%7C(o%3D%5B%5D)%3Bvar%20i%3Dr%5Bt%5D%3Bif(i%7C%7C(i%3Dr%5Bt%5D%3D%7B%7D)%2C!(o.indexOf(i)%3E%3D0))%7Bif(o.push(i)%2Ce%5Bt%5D)return%20e%5Bt%5D%3Bn.o(n.S%2Ct)%7C%7C(n.S%5Bt%5D%3D%7B%7D)%3Bn.S%5Bt%5D%3Bvar%20s%3D%5B%5D%3Breturn%20s.length%3Fe%5Bt%5D%3DPromise.all(s).then((()%3D%3Ee%5Bt%5D%3D1))%3Ae%5Bt%5D%3D1%7D%7D%7D)()%3Bn(69531)%7D)()%3B%3C%2Fscript%3E\" });<\/script><br \/>\n<br \/><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.businessinsider.com\/why-did-south-korea-declare-martial-law-yoon-suk-yeol-2024-12\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>South Korea&#8217;s president, Yoon Suk Yeol, declared martial law in a shock address on Tuesday. He expressed frustration with paralyzing opposition forces within the government. After hours of civil unrest, &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=133290\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-133290","post","type-post","status-publish","format-standard","hentry","category-world","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/133290","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=133290"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/133290\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=133290"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=133290"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=133290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}