Redwood Invest Report
  • Business
  • Politics
  • Stocks
  • Investing
  • Business
  • Politics
  • Stocks
  • Investing

Redwood Invest Report

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
FBI calls for public tips on children hurt in ‘gender-affirming’ surgeries
next post
Trump’s fresh White House portrait sparks interest amid controversy over National Portrait Gallery leadership

Related Posts

Johnson says Republicans ‘don’t have time’ to craft...

June 5, 2025

GOP bill takes aim at Congress’ ‘no rules...

June 6, 2025

Trump’s fresh White House portrait sparks interest amid...

June 3, 2025

Rand Paul says he would support ‘big, beautiful...

June 2, 2025

White House highlights Pelosi hypocrisy after Schiff demands Trump admin...

June 6, 2025

White House stands by tax bill after Musk...

June 4, 2025

Elon Musk warpath against Trump’s ‘big, beautiful bill’...

June 5, 2025

Still a no: Rand Paul says $5T debt...

June 3, 2025

Trump warns Rand Paul he’s playing into ‘hands...

June 2, 2025

Trump and Melania to headline power-player packed Kennedy...

June 4, 2025

Recent

  • Clusters of Long Winning Streaks: What They’re Telling Us

  • Three Charts Showing Proper Moving Average Alignment

  • Biden only hand-signed one pardon during final spree, and it was his most controversial one

  • GOP bill takes aim at Congress’ ‘no rules apply’ emergency spending

  • White House highlights Pelosi hypocrisy after Schiff demands Trump admin financial, ethics docs

  • Musk says Trump would have lost 2024 election without him as ‘Big, Beautiful Bill’ feud continues

Categories

  • Business (22)
  • Investing (50)
  • Politics (50)
  • Stocks (20)
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 redwoodinvestreport.com | All Rights Reserved