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South Korea ends martial law after swift legislative vote

South Korea ends martial law hours after Yoon Suk Yeol’s declaration, sparking political backlash and protests from the opposition.

Published

6 months ago

December 4, 2024

ticker NEWS

South Korea’s National Assembly voted 190 to 0 early Wednesday to end martial law, which had been declared just hours earlier by President Yoon Suk Yeol.

Yoon accused opposition parties of threatening the constitutional order, citing a rejected budget proposal and impeachment cases as reasons for his declaration. He stated that martial law aimed to eradicate pro-North Korean influences.

The immediate aftermath of the declaration saw lawmakers facing challenges to access the National Assembly, with armed guards in place.

The declaration restricted political activities and media control while demanding medical personnel return to work.

Lawmakers from both major parties, including Yoon’s People Power Party, opposed the martial law. The opposition Democratic Party, holding majority control, quickly called for an emergency meeting.

Yoon’s decision

Lee Jae-myung, leader of the Democratic Party, criticised Yoon’s decision, arguing that it lacked justification and risked military control over democracy. He urged citizens to rally in support of democratic processes.

As martial law took effect, financial markets reacted, leading to a decline in the South Korean won. Yoon’s approval ratings have significantly dropped amid political turmoil, with perceived failures to govern effectively.

Responses to the martial law declaration included backlash from within Yoon’s own party and concerns over democracy’s health in South Korea.

Analysts suggest Yoon must clarify his actions to avoid a perception of using martial law for domestic political disputes.

News

Boeing 787 crashes in India, 242 on board

Boeing 787 Dreamliner crashes in India en route to London, injuring passengers amidst safety and production challenges for Boeing.

Published

6 hours ago

June 12, 2025

Ahron Young

Boeing 787 Dreamliner crashes in India en route to London, injuring passengers amidst safety and production challenges for Boeing.

In Short:
An Air India Boeing 787 Dreamliner crashed in Ahmedabad on June 12, 2025, while flying to London, injuring many passengers. This incident poses significant issues for Boeing, which is already dealing with safety concerns, and has prompted condolences from both Indian and U.K. leaders.

A Boeing 787 Dreamliner, operated by Air India, crashed in Ahmedabad, India, on June 12, 2025, while en route to London’s Gatwick Airport.

The aircraft departed at 1:38 p.m. local time with 230 passengers, including 169 Indians, 53 British, one Canadian, and seven Portuguese nationals.

Air India confirmed that injured passengers are being taken to nearby hospitals.

The 787 Dreamliner had operated for 14 years without a fatal incident before this crash.

Boeing response

Boeing expressed awareness of the situation and is gathering more information, although shares dropped drastically following the news.

This incident presents a significant challenge for Boeing, which has faced safety and production issues recently.

Local media reported smoke emanating from the crash site, and emergency responders were seen transporting individuals on stretchers.

The plane lost location data at 625 feet altitude and descending at 475 feet per minute before the crash.

The incident occurred in a residential area, prompting condolences from Prime Minister Narendra Modi, who stated his government will assist local authorities.

Air India, recently acquired by Tata Sons, has been navigating difficulties as the former state-run carrier.

The jet crash is part of a troubling year for aviation, following other serious incidents, including a 2018-2019 Boeing 737 MAX crash that resulted in over 300 fatalities.

U.K. Prime Minister Keir Starmer expressed concern for affected families as the situation unfolds.

News

Pentagon reviews AUKUS deal to align with Trump’s agenda

Pentagon reassesses AUKUS deal to align with Trump’s America First policy amid concerns over alliance readiness and U.S. delivery capacity.

Published

19 hours ago

June 12, 2025

Ahron Young

Pentagon reassesses AUKUS deal to align with Trump’s America First policy amid concerns over alliance readiness and U.S. delivery capacity.

Pentagon Reviews AUKUS Deal to Align With Trump’s Agenda.
The Pentagon is re-evaluating the landmark AUKUS security pact between Australia, the U.S., and the U.K., aiming to ensure it fits with Donald Trump’s America First policy.

With Australia set to receive nuclear submarines under the deal, the review raises questions about alliance readiness and shared responsibility. But concerns remain about the U.S.’s capacity to deliver its end of the bargain.

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News

Markets react as inflation cools and the Fed watches on

New US-China trade pact raises questions; cooler inflation hints at possible Fed rate cuts, while markets react to rising crude oil and a strong ASX outlook.

Published

19 hours ago

June 12, 2025

Ahron Young

New US-China trade pact raises questions; cooler inflation hints at possible Fed rate cuts, while markets react to rising crude oil and a strong ASX outlook.

A new trade pact between the U.S. and China is raising eyebrows, but experts question whether it’s a game-changer or just more of the same.

Meanwhile, inflation comes in cooler than expected again, sending signals that the Fed may cut rates twice this year. All eyes are on markets, with crude oil surging and the ASX looking strong ahead of the open.

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