Sunday, August 3, 2025

Latest

South Korea Opposition Claims “Second Coup” as President Clings to Power

South Korea plunged deeper into a political crisis Monday as opposition leaders accused President Yoon Suk Yeol’s supporters of orchestrating what they called a “second coup” by blocking impeachment efforts against the embattled leader.

The confrontation follows Yoon’s short-lived martial law declaration last week, which collapsed within hours after parliamentary resistance. The incident triggered a sweeping investigation into potential insurrection charges, with prosecutors targeting both the president and his inner circle.

The ruling People Power Party thwarted an initial impeachment vote through a boycott, defending an unusual arrangement where Yoon would retain his title while surrendering executive powers to party officials and the prime minister.

“This is an unlawful, unconstitutional act of a second insurrection and a second coup,” Democratic Party floor leader Park Chan-dae said, demanding an immediate end to the arrangement.

Constitutional scholars have challenged the legitimacy of this power-sharing scheme. “If there are issues with the President, there are ways laid out in the Constitution such as suspending the president from his duties, and then move on to proceedings set out in the Constitution, such as impeachment,” Kim Hae-won, who teaches constitutional law at Pusan National University, told AFP.

Authorities have already taken significant steps, including detaining the ex-defense minister and imposing travel restrictions on key officials, including Yoon as of Monday, while the investigation is ongoing. Police chief investigator Woo Jong-soo indicated no one is beyond scrutiny, saying, “There are no human or physical restrictions to the subject of an investigation.”

Military command remains a critical concern amid the leadership uncertainty. Defense officials confirmed Monday that Yoon continues to hold authority over the armed forces, despite the ongoing crisis — a significant factor given the peninsula’s unresolved status with North Korea.

Recent polling shows Yoon’s public support has cratered to 11%, marking the lowest approval rating in his presidency. While acknowledging causing “anxiety and inconvenience,” he has resisted calls to step down, instead deferring to his party on his political future.

Opposition forces have scheduled another impeachment attempt for Saturday, with mass protests anticipated around the National Assembly.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

San Dimas: First Majestic Silver’s Sleeper Asset

New Gold Q2 Earnings: Record Free Cash Flow

STLLR Gold: The Tower Gold PEA

Recommended

Tsunami Warnings Spread As Largest Quake Since 2011 Hits Russia

Northern Superior Intersects 1.75 g/t Gold Over 65.0 Metres At Philibert

Related News

Nuclear: South Korea Extends Life On 10 Reactors, France Initiates New 1650MW Plant

South Korea is set to embark on extending the lifespan of ten nuclear reactors in...

Monday, April 1, 2024, 02:40:00 PM

South Korea Accelerates Nuclear Reactor Export Drive

South Korean President Yoon Suk Yeol and Slovak Prime Minister Robert Fico this week signed...

Wednesday, October 2, 2024, 11:26:00 AM

South Korea Considers Military Response to North Korean Troop Deployment in Russia

South Korea is contemplating sending military and intelligence personnel to Ukraine in response to North...

Tuesday, October 22, 2024, 07:13:00 AM

South Korea Mint Suspends Gold Sales as Prices Hit Record

Trading volumes jump as global markets tighten...
Wednesday, February 12, 2025, 10:24:00 AM

Deadly Fire Engulfs South Korean Lithium Battery Factory, 21 Missing

A devastating fire erupted at a lithium battery factory in Hwaseong, South Korea, on Monday,...

Monday, June 24, 2024, 04:16:46 AM