NewTradingView.com – Investing and Stock News
Investing and Stock News
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Editor's Pick

South Koreans cast votes for new president to succeed Yoon after his ouster over martial law declaration

by June 3, 2025
written by June 3, 2025
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
0 comment
0
FacebookTwitterPinterestEmail

previous post
Trump’s fresh White House portrait sparks interest amid controversy over National Portrait Gallery leadership
next post
Byron Allen puts broadcast TV stations up for sale

You may also like

Israel’s actions against Iran create strategic opportunity for...

June 14, 2025

Israel strikes at the heart of Iran’s nuclear...

June 14, 2025

Time for Israel to take out ‘head of...

June 14, 2025

Israeli official vows ‘We have more surprises coming...

June 14, 2025

‘All-in’: GOP lawmakers divided on US involvement as...

June 14, 2025

Democratic lawmakers criticize Israel’s defensive strikes against Iran’s...

June 13, 2025

Israel’s drone strikes in Iran show why US...

June 13, 2025

Biden-appointed judge thwarts Trump’s attempt to clean house...

June 13, 2025

Nearly half of Americans back Israeli airstrikes on...

June 13, 2025

McCaul says Israel strikes are ‘perfect opportunity’ for...

June 13, 2025
Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!




    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Popular Posts

    • 1

      Oil and natural gas: Oil is back on the positive side

    • 2

      Gold and Silver: Gold remains stable in the $2420 zone

    • 3

      The dollar index continues to pull back to a new low

    • 4

      IonQ Stock Review: Should You Consider Investing Now?

    • 5

      Bitcoin Rebounds to $83,404 Amid Renewed Investor Confidence

    Recent Posts

    • Israel’s actions against Iran create strategic opportunity for US in nuclear talks, experts say

      June 14, 2025
    • Israel strikes at the heart of Iran’s nuclear ambitions in Isfahan offensive

      June 14, 2025
    • Time for Israel to take out ‘head of the snake,’ target members of Iranian regime, says former IDF intel chief

      June 14, 2025
    • Israeli official vows ‘We have more surprises coming up’ for Iran following wave of airstrikes

      June 14, 2025
    • ‘All-in’: GOP lawmakers divided on US involvement as Trump pushes Iran for diplomatic end

      June 14, 2025

    Categories

    • Economy (20)
    • Editor's Pick (490)
    • Investing (30)
    • Stock (61)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: NewTradingView.com, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 NewTradingView.com All Rights Reserved.


    Back To Top
    NewTradingView.com – Investing and Stock News
    • Investing
    • Stock
    • Economy
    • Editor’s Pick