I don’t see how President Yoon stays in power because this is clearly a hint from the PPP leader that they will join the opposition in impeachment if he doesn’t suspend his Presidential powers:
The leader of the ruling party said Friday that President Yoon Suk Yeol needs to be swiftly suspended from exercising power, revealing that Yoon ordered the arrests of prominent politicians during his aborted martial law declaration.
Han Dong-hoon of the People Power Party (PPP) said there is a possibility that the president may again take a “radical” action like the botched declaration of martial law if Yoon clings to the presidential power.
“Given the newly revealed facts, I believe it is necessary to promptly suspend President Yoon Suk Yeol from his duties to protect the Republic of Korea and its people,” Han told an emergency meeting of the party’s leadership at the National Assembly, referring to South Korea by its official name.
Han pointed out it was confirmed Thursday that Yoon had instructed Counterintelligence Commander Yeo In-hyung to detain key political figures, accusing them of being “anti-state” forces, and had even mobilized intelligence to detain them. (Yonhap)
You can read more at the link.
Is this the world’s most dangerous view from a Starbucks?:
Coffee drinkers can sip their beverages and view a quiet North Korean mountain village from a new Starbucks at a South Korean border observatory. Customers have to pass a military checkpoint before entering the observatory at Aegibong Peace Ecopark, which is less than a mile from North Korean territory and overlooks North Korea’s Songaksan mountain and a nearby village in Kaephung county.
The tables and windows face North Korea at the Starbucks, where about 40 people, a few of them foreigners, came to the opening Friday. The South Korean city of Gimpo said hosting Starbucks was part of efforts to develop its border facilities as a tourist destination and said the shop symbolizes “robust security on the Korean Peninsula through the presence of this iconic capitalist brand.”
You can read more at the link.
It appears Korean business owners are expecting the Trump administration to use tariffs on ROK exports if they are this concerned:
More than 8 out of 10 South Korean companies expect Donald Trump’s reelection as U.S. president will have a negative impact on the national economy, a survey showed Sunday.
In the annual survey on 239 companies with at least 30 employees on their management, 82 percent said the Korean economy will be negatively affected by the protectionist policy of the incoming second Trump administration as it has high dependence on exports, according to the Korea Enterprises Federation (KEF).
Only 7.5 percent answered the Korean economy will benefit from his reelection thanks to his China policy, expected to be aimed at curbing the growth of the world’s second-largest economy.
You can read more at the link.
The Democratic Party would need to get 8 votes from President Yoon’s People Power Party to impeach him. It will be interesting to see what the PPP does because its leadership has clashed with Yoon as well. If the PPP decides to support impeachment they are essentially handing the Presidency to Lee Jae-myung and the Korean left. However if the PPP does decide to support impeachment I can’t really blame them because the martial law attempt was preposterous:
President Yoon Suk Yeol has come under growing attacks from the main opposition party to face impeachment or charges of treason, in the wake of his short-lived attempt to impose martial law that was blocked by the National Assembly. (Yonhap)
You can read more at the link, but any treason charges is going to depend on if the Constitutional Court finds that what Yoon did was Constitutional or not.
