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SEOUL, South Korea — The South Korean government on Monday ordered an overseas travel ban on President Yoon Suk Yeol as he faces investigation on possible rebellion charges over a short-lived martial law declaration that plunged the key U.S. ally into chaos last week. The martial law order banned all political activity and censored the news media. It was a shocking turn of events for South Korea, which spent decades under military-authoritarian rule before transitioning into a vibrant democracy and the world’s 10th-largest economy. Han also said investigations into Yoon’s martial law declaration would be conducted “rigorously, impartially and transparently” by the authorities. “President Yoon Seok Yeol must be immediately arrested, investigated and stripped of his military command authority,” senior Democratic lawmaker Kim Min-seok said Sunday.

Persons: Yoon Suk, Yoon, Lawmakers, Ezra Acayan, Yoon —, Han Dong, hoon, ”, “, Han Duck, Han, Kim Yong, Lee Sang, ” Han, Yoon Seok, Kim Min, seok, Kim, Han Min, Stella Kim, Janis Mackey Frayer, Jennifer Jett Organizations: South, National Assembly, Lawmakers, People Power Party, U.S, Democratic Party, Democratic, NBC News Locations: SEOUL, South Korea, North Korea, Korea, Seoul, United States, Japan, Hong Kong

SEOUL, South Korea — Lawmakers in South Korea are set to vote Saturday on whether to impeach President Yoon Suk Yeol after he plunged the country into chaos by declaring emergency martial law only to lift the order hours later under intense pressure from lawmakers and the public. Biden administration officials said they were not notified in advance that Yoon would declare martial law. South Korea is facing significant political turmoil after Yoon declared martial law, only to lift the order hours later. Ezra Acayan / Getty ImagesThe U.S. relationship with South Korea “transcends any particular president or government on both sides of the Pacific Ocean,” State Department deputy spokesperson Vedant Patel said Thursday. A martial law proclamation issued after Yoon’s address banned all political activity, including demonstrations, and censored the news media.

Persons: Yoon Suk, Yoon, Han Dong, “, Ezra Acayan, Lee Jae, myung, ”, Lee, Biden, Vedant Patel, Kim Yong, Kim, Lee Sang, Han, Han Duck, Eun, ” Stella Kim, Jennifer Jett Organizations: South Korea — Lawmakers, People Power Party, Police, Yoon’s People Power Party, Democratic Party, U.S, Korea Nuclear Consultative Group, ” State Department, National Assembly, South Korean, Ministry of National Defense, Military, Supreme, National Intelligence Service, Dickey Center, Dartmouth, “, Constitutional Locations: SEOUL, South Korea, Seoul, U.S, Korea, Washington, North Korea, China, Russia, Hong Kong

SEOUL, South Korea — When South Koreans came out to defend democracy this week in the face of a surprise martial law declaration by their president, history was weighing heavily on their minds. South Korea, a key U.S. ally, is the world’s 10th-largest economy and a vibrant Asian democracy in a region where authoritarianism is on the rise. But the country of 50 million people spent decades under military-authoritarian rule, with martial law frequently declared and those who resisted it sometimes killed. But then they ended up at the National Assembly.”Their job was to prevent lawmakers from entering, since the legislature’s operations had been banned under the martial law proclamation. Historically, “whenever South Korean authoritarian leaders wanted to declare martial law, they typically sought at least some kind of tacit approval from Washington,” Jo said.

Persons: “, ”, Eun, Yoon Suk Yeol, Jo, ” Jo, Yoon, Syngman Rhee, Rhee, Yun Bo, Park Chung, Park, Choi Kyu, Chun, Bettmann, ” Yoon, Rob York, ” York, Yoon “, York, Chung, Yoon Suk, Woohae Cho, Biden, Jimmy Carter, Jean H, Lee, hye, —, Moon Jae, ” Lee, ” Stella Kim, Jennifer Jett Organizations: South, Dickey Center, Dartmouth College, “, National Assembly, ” Lawmakers, Pacific Forum, South Korean, Korean, ”, Wednesday, Bloomberg, Getty, - West Center, Yoon’s Locations: SEOUL, South Korea, U.S, Seoul, Korea, ”, South, Soviet, South Korean, Gwangju ., Gwangju, Honolulu ., North Korea, China, Russia, Washington, Japan, Asia, Honolulu, Park, Hong Kong

SEOUL, South Korea — The head of South Korean President Yoon Suk Yeol’s governing party on Friday signaled more openness to his removal as president for plunging the key U.S. ally into chaos with a short-lived declaration of martial law, reversing his position the day before an impeachment vote. Han Dong-hoon, leader of the conservative People Power Party (PPP), had earlier said he opposed impeaching Yoon because it would only create more turmoil. The PPP, which repudiated Yoon’s martial law declaration, had asked him to leave the party but said earlier that it opposed the impeachment motion. Six opposition parties had proposed impeaching Yoon over the martial law order, which banned political activity and censored the media. Blinken also reaffirmed the “ironclad” nature of the U.S. alliance with South Korea, which it views as an important bulwark against North Korea, China and Russia, and which hosts almost 30,000 American troops.

Persons: Yoon Suk, Han Dong, impeaching Yoon, Yoon, ” Han, Han, “, Kim Yong, Lee Sang, ” Lee Jae, myung, Kim Seon, ”, Kwak Jong, Cho Tae, yul, Antony Blinken, Yonhap, Blinken, Kwak, Stella Kim, Jennifer Jett Organizations: South, People Power Party, PPP, South Korean, Democratic Party, Ministry of Defense, Getty, ROK, State Department, U.S, Korea Nuclear Consultative Group, National, Commission Locations: SEOUL, South Korea, Seoul, AFP, Republic of Korea, U.S, North Korea, China, Russia, Korea, Washington, South Korea’s, Hong Kong

☆ South Korea’s President Yoon Suk Yeol apologizes after abortive imposition of martial law
▼ + stars: | 2024-12-06 | by ( Yoonjung Seo | Edward Szekeres | ) edition.cnn.com time to read: +2 min

CNN —South Korean President Yoon Suk Yeol has apologized to the nation in his first public comments since his abortive attempt to impose martial law threw the country into political chaos and led to calls for his impeachment. “This emergency martial law declaration stemmed from my desperation as the ultimate responsible party for state affairs,” Yoon said in a two-minute address. “I am deeply sorry and sincerely apologize to the citizens who must have been greatly shocked,” Yoon said, adding he “caused anxiety and inconvenience” to South Korean citizens. Video Ad Feedback 'Stunning development': CNN reporter breaks down decision to lift martial law 03:53 - Source: CNNYet within just six hours, the leader was forced to back down, after lawmakers forced their way past soldiers into parliament to unanimously strike down the decree. The declaration of a military emergency, although short-lived, was met with shock and anger across the country, which remains deeply scarred by the brutality of martial law imposed during decades of military dictatorship before it won a long, bloody fight for democracy in the 1980s.

Persons: Yoon Suk, ” Yoon, “, Yoon, ” “, ”, Yoon’s Organizations: CNN, South, Democratic Party Locations: sympathizing, North Korea

Choi Byung-hyuk, a retired four-star army general who is currently the South Korean ambassador to Saudi Arabia, was named as Kim’s successor. Kim Yong-hyun, who has resigned as South Korean defense minister, in Washington in October. He did not directly address whether the emergency martial law was his idea, as opposition lawmakers and South Korean media have alleged. Choi Byung-hyuk, a retired army general who is the South Korean ambassador to Saudi Arabia, has been named as Kim’s successor. Though PPP leaders repudiated Yoon’s martial law declaration and have asked him to leave the party, they said the party opposed the impeachment motion.

Persons: Yoon Suk, Yoon, Kim Yong, Choi Byung, ” Chung Jin, Saul Loeb, Kim, ”, Yoon’s, Jung Yeon, Han Duck, Kurt Campbell, “, Antony Blinken, Biden, Stella Kim, Jennifer Jett Organizations: South, Wednesday, AFP, Getty, Emergency Martial Law, National Office of Investigation, National Assembly, Protesters, Democratic Party, Yoon’s People Power Party, Police, U.S, Aspen Strategy, Reuters Locations: SEOUL, South Korea, South Korean, Saudi Arabia, Washington, Seoul, Korean, U.S, Hong Kong

The martial law order, South Korea’s first since 1980, was reversed so quickly that many South Koreans weren’t aware of it until they woke up on Wednesday. People her age who had experienced martial law under the military dictatorship rushed to convenience stores to buy canned food, she said. Biden, who hosted Yoon for a state visit to Washington last year, has worked to enhance military and other ties with South Korea as a deterrent against China and North Korea, establishing a new trilateral security partnership with South Korea and its historic rival Japan. Earlier this year, South Korea became the first country outside the U.S. to host Biden’s annual Summit for Democracy. As South Korea grapples with political instability, the U.S. “should remain a steadfast ally,” Easley said.

Persons: “ Aren’t, Jeong, Yoon Suk, Kim Hong, Yoon, Emily Jo, ”, Jo, Yoo Yong, Yoo, Han Dong, ” Han, Lee Jae, myung, Jung Yeon, Ulf Kristersson, Lloyd Austin, Biden, Pat Ryder, Philip Fong, Leif, Eric Easley, Easley, ” Easley, Stella Kim, Cho Beomsoo, Jennifer Jett Organizations: Lawmakers, ‘, People Power Party, NBC, National Assembly, Getty, Democratic Party, Gallup, Korea Times, Swedish, Defense, South, for Democracy, South Korea, Pentagon, Embassy, Ewha Womans University Locations: “, Seoul, AFP, Gallup Korea, North Korea, Korean, Washington, South Korea, China, Japan, U.S, Korea, Hong Kong

Pete Hegseth’s drinking while working for Fox News was concerning, some former colleagues said. → One current and two former Fox employees saying they felt like they needed to “babysit” Hegseth because of his drinking and late nights. → Three current employees saying Hegseth’s drinking remained a concern up until Trump announced him as his choice to run the Pentagon, at which point Hegseth left Fox. Last weekend, The New Yorker detailed concerns about Hegseth’s drinking at two jobs he held at nonprofit veterans’ groups before he joined Fox. Hegseth’s Senate confirmation appears to be in peril as Republicans grow increasingly concerned about the allegations.

Persons: Pete Hegseth’s, Pete Hegseth, Donald Trump’s, “, Hegseth, he’d, Yoon Suk, Yoon, SCOTUS, Biden, Jonathan Skrmetti, Eli Lilly’s Zepbound, Hannah Kobayashi, ”, Bryce Young, Baker Mayfield, don’t, — Sara G, Miller Organizations: Fox News, “ Fox, Friends, Fox, Trump, Pentagon, Republicans, ’, GOP, South, Democratic Party, Yoon’s People Power Party, Verizon, FBI, CIA, Novo Nordisk’s Wegovy, Los Angeles Police, United Airlines, NFL, Staff, NBC Locations: South, California, Hegseth’s, North Korea, Tennessee, China, U.S, Indian

Antony Blinken, the U.S. secretary of state, welcomed Yoon’s order to rescind emergency martial law. Pentagon spokesperson Maj. Gen. Pat Ryder said the martial law order had “essentially no impact” on U.S. forces. The Ministry of National Defense also deployed between 200 and 300 armed troops to the National Assembly grounds via helicopter, Kim Min-gi, secretary-general of the National Assembly, said Wednesday. Throngs of protesters also arrived at the building in opposition to the martial law declaration. The martial law order was lifted around 4:30 a.m. Wednesday local time (2:30 p.m. Tuesday ET).

Persons: Yoon Suk, Yoon, Kim Yong, Lee Sang, Cho Seung, rae, Park Ahn, Yoon Hee, Cho, Han Dong, “, ”, Luis Robayo, Han Duck, Antony Blinken, ” Blinken, ” Yoon, Pat Ryder, Kim Min, Throngs, Woo Won, sik, ” Woo, Kim, ” Stella Kim, Jennifer Jett Organizations: South Korea —, Democratic Party, Defense, ’, National Police, Yoon’s People Power Party, Group, Getty, South, Wednesday, CNBC, Democratic, North, National Assembly, Martial Law Command, Pentagon, Ministry of National Defense, Power Party, Assembly, Korea’s, Chiefs, Staff, of National Defense Locations: SEOUL, South Korea, Rio de Janeiro, Brazil, AFP, U.S, Seoul, North Korea, Hong Kong

☆ Bank of Korea to hold emergency meeting after Yoon lifts martial law
▼ + stars: | 2024-12-04 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +1 min

Signage for Bank of Korea is displayed atop the central bank's headquarters building in Seoul, South Korea, on Thursday, Aug. 16, 2018. The Bank of Korea is set to hold an emergency meeting Wednesday after South Korean President Yoon Suk Yeol lifted a surprise martial law declaration overnight. Late Tuesday night, Yoon declared an emergency martial law and mobilized the army. Within hours, the National Assembly voted to overturn the emergency order, forcing Yoon to lift martial law early Wednesday morning. The iShares MSCI South Korea ETF (EWY), which tracks more than 90 large and mid-sized companies in South Korea, tumbled as much as 7% to hit a 52-week low before cutting losses to close 1.6% lower.

Persons: Yoon Suk, BOK, Yoon, Choi Sang, mok Organizations: Bank of, The Bank of, South, National Assembly, Citi, South Korea's Finance, Korea ETF Locations: Bank of Korea, Seoul, South Korea, South Korea's, The Bank of Korea, U.S, Korea, KST

☆ Kospi heavyweight stocks fall in volatile trade amid political chaos
▼ + stars: | 2024-12-04 | by ( Anniek Bao | In | ) www.cnbc.com time to read: +2 min

A man holds the South Korea flag outside the National Assembly in Seoul on December 4, 2024, after President Yoon Suk Yeol declared emergency martial law. South Korean heavyweight stocks fell in a volatile trading session Wednesday amid political upheaval that saw President Yoon Suk Yeol reverse a surprise martial law decree that he imposed hours earlier. The South Korean won depreciated further by 0.05% to trade at 1,415.78 against the greenback. South Korean stocks experienced significant fluctuations in the U.S. overnight. The iShares MSCI South Korea ETF, which tracks more than 90 large and mid-sized companies in South Korea, tumbled as much as 7% to hit a 52-week low before trimming losses to close 1.6% down.

Persons: Yoon Suk Yeol, Yoon Suk, Kim Byung, Yoon, Chong Koon Organizations: South, National Assembly, South Korean, Samsung Electronics, LG Energy, Hyundai Motor, SK Hynix, Naver Corp, Samsung SDI, Korea Gas Corporation, greenback, Standard Chartered Bank, CNBC, Bank of, Korea ETF Locations: South Korea, Seoul, Korean, Korea, Japan, Bank of Korea, U.S

☆ South Korea's short-lived martial law declaration rattled markets. Here's what's next for stocks
▼ + stars: | 2024-12-04 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +5 min

A visitor looks at screens at the Korea Exchange (KRX) headquarters in Seoul, South Korea, on Wednesday, Dec. 4, 2024. The political whiplash thrust South Korea, a key U.S. ally and critical link in international supply chains, into the global spotlight and rattled financial markets. U.S.-listed Korean equities fell sharply on Yoon's initial martial law order, while South Korea's won notched a fresh two-year low against the U.S. dollar on the news. "Martial law hasn't been introduced since 1979 and is seen as deeply negative. Investor sentiment could turn for the betterNot everyone was as downbeat on the market implications of South Korea's unfolding political drama.

Persons: Yoon Suk Yeol, Kim Byung, Yoon, Jonathan Garner, Morgan Stanley, CNBC's, Garner, Rory Green, South Korea's, Trinh Nguyen, hasn't, Nguyen, Thomas Mathews, Yoon Suk, Anthony Wallace Organizations: Korea Exchange, Bloomberg, Getty, South, National Assembly, South Korea's, U.S, Yonhap News Agency, Deutsche Bank, Tech, Samsung, Korea's, LG Energy, Hyundai Motor, TS Lombard, greenback, Bank of, Asia Pacific, Capital Economics, Afp Locations: Seoul, South Korea, North, Korea, U.S, Asia, China, Bank of Korea

☆ South Korean president declares emergency martial law, accusing opposition of anti-state activities
▼ + stars: | 2024-12-03 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: 1 min

South Korean President Yoon Suk Yeol declared an “emergency martial law,” Tuesday accusing the country’s opposition of controlling the parliament, sympathizing with North Korea and paralyzing the government with anti-state activities. Yoon made the announcement during a televised briefing. He declared the step as critical for defending the country’s constitutional order. It wasn’t immediately clear how the steps would affect the country’s governance and democracy. Yoon since taking office in 2022 had struggled to push his agendas against an opposition-controlled parliament.

Persons: Yoon Suk Yeol, Yoon Organizations: South Locations: sympathizing, North Korea

Police stand guard in front of the main gate of the National Assembly in Seoul on December 3, 2024, after South Korea's President Yoon Suk Yeol declared emergency martial law. South Korea President Yoon on December 3 declared emergency martial law, saying the step was necessary to protect the country from "communist forces" amid parliamentary wrangling over a budget bill. The iShares MSCI South Korea ETF, which tracks more than 90 large and mid-sized companies in South Korea, tumbled 6% to hit a 52-week low. South Korean stocks dropped in the U.S. on Tuesday after President Yoon Suk Yeol invoked emergency powers and declared martial law, raising fear of instability in the world's 13th largest economy. This is the first time since 1980 a South Korean leader has issued a martial law declaration.

Persons: Yoon Suk Yeol, Yoon, Yoon Suk, — Organizations: National Assembly, South, Korea ETF, Korea Electric, KT Corporation, Korea Telecom, Korea Exchange, U.S, South Korean Locations: Seoul, Korea, South Korea, U.S, Korean, South Korean, North Korea

☆ South Korean won falls sharply against the U.S. dollar after president declares martial law
▼ + stars: | 2024-12-03 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +1 min

A television screen shows a news broadcasting of South Korean President Yoon Suk Yeol delivering a speech on emergency martial law, in Goyang, northwest of Seoul, on December 3, 2024. South Korea's won on Tuesday fell sharply against the U.S. dollar shortly after President Yoon Suk Yeol declared an emergency marital law. The U.S. dollar traded up as much as 2.7% against the won, before paring gains. Speaking during an unannounced televised briefing, South Korea's Yoon accused opposition lawmakers of controlling the parliament and throwing the country into a political crisis. Martial law refers to the temporary imposition of military authority over a civilian population, typically during a time of emergency.

Persons: Yoon Suk, South Korea's, Yoon Suk Yeol, Korea's Yoon, Yoon, hasn't Organizations: South, U.S, U.S . Locations: Goyang, Seoul, Republic of Korea, Korean, Asia's

President Yoon Suk Yeol of South Korea declared emergency martial law on Tuesday night, accusing the opposition of plotting “insurgency” and “trying to overthrow the free democracy.”It was the first martial law declaration in more than four decades in South Korea, which saw the end of a military dictatorship in the late 1980s. Mr. Yoon, who was elected president in 2022, has been in a near-constant political standoff with the opposition, which controls Parliament, and his government has faced plunging public approval ratings. In his speech declaring martial law late Tuesday, Mr. Yoon said he was making the move to “defend the free Republic of Korea from the threats of North Korean communist forces and to eradicate the shameless pro-North Korean anti-state forces that are plundering the freedom and happiness of our people and to protect the free constitutional order. Through this emergency martial law, I will rebuild and defend the free Republic of Korea, which is falling into ruin.”

Persons: Yoon Suk, Yoon, ” Locations: South Korea, Republic of Korea, North Korean, Korean

☆ South Korea president declares emergency martial law
▼ + stars: | 2024-12-03 | by ( Peter Wilkinson | ) edition.cnn.com time to read: 1 min

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