Briefings
Cho Kuk sentenced as impeachment threat against Yoon enters critical stage
Opposition remains intact after Cho’s removal, with impeachment proceedings likely to intensify political gridlock
December 13, 2024
Bank of Korea announces major reform to benchmark interest rates for 2025
The new system ties benchmarks to transaction-based rates, enhancing stability and aligning with global trends
December 12, 2024
South Korea’s finance ministry pledges liquidity measures to calm market fears
Opposition passes historic budget cuts, raising concerns over fiscal stability and investor confidence
December 11, 2024
South Korea holds supply chain talks with China amid domestic chaos
South Korea moves to protect critical supply chains amid China’s export controls on US-bound materials
December 10, 2024
Yoon becomes first sitting South Korean president under treason investigation
Unclear governance structure raises concerns over military control and economic stability
December 9, 2024
Yoon Suk-yeol avoids impeachment for now, but faces rising political instability
Failed impeachment vote ensures prolonged conflict as opposition vows to retry amid public distrust of Yoon’s leadership
December 7, 2024
South Korea’s defense minister resigns as martial law fallout escalates
Kim Yong-hyun takes the blame for the crisis, but opposition calls for Yoon’s impeachment continue to grow
December 6, 2024
Yoon’s inner circle crumbles as resignations shake South Korea’s presidency
Senior officials offer to step down, leaving the president vulnerable to mounting political pressure
December 5, 2024
South Korean lawmakers reject martial law hours after presidential declaration
Yoon Suk-yeol faces political isolation as allies distance themselves and lawmakers call for impeachment and prosecution
December 4, 2024
Speaker defers budget bill as South Korea’s Assembly polarization deepens
Special activity fund cuts and impeachment motions compound tensions, delaying critical 2025 budget approval
December 3, 2024
