The Fort Worth Press - South Korea president declares emergency martial law

USD -
AED 3.672935
AFN 68.101348
ALL 93.659874
AMD 399.866743
ANG 1.805056
AOA 913.501063
ARS 1011.754903
AUD 1.55265
AWG 1.8
AZN 1.699966
BAM 1.861603
BBD 2.006758
BDT 119.693508
BGN 1.86341
BHD 0.376964
BIF 2959.09238
BMD 1
BND 1.346773
BOB 6.920807
BRL 6.045796
BSD 1.001609
BTN 84.805825
BWP 13.664443
BYN 3.275176
BYR 19600
BZD 2.008186
CAD 1.406425
CDF 2870.000046
CHF 0.886202
CLF 0.035262
CLP 972.999949
CNY 7.271967
CNH 7.285375
COP 4437.25
CRC 508.166451
CUC 1
CUP 26.5
CVE 104.954312
CZK 23.925299
DJF 178.355226
DKK 7.093899
DOP 60.629711
DZD 133.777007
EGP 49.718797
ERN 15
ETB 125.095609
EUR 0.951165
FJD 2.27645
FKP 0.789317
GBP 0.788286
GEL 2.869988
GGP 0.789317
GHS 15.174186
GIP 0.789317
GMD 71.000108
GNF 8632.833321
GTQ 7.733676
GYD 209.451742
HKD 7.78392
HNL 25.360974
HRK 7.133259
HTG 131.299672
HUF 394.319918
IDR 15948.05
ILS 3.616705
IMP 0.789317
INR 84.697991
IQD 1312.169816
IRR 42087.500709
ISK 138.57961
JEP 0.789317
JMD 157.03911
JOD 0.709102
JPY 150.1445
KES 129.496542
KGS 86.799789
KHR 4038.452387
KMF 467.624987
KPW 899.999621
KRW 1410.930208
KWD 0.307401
KYD 0.834706
KZT 524.020751
LAK 21979.821055
LBP 89692.747002
LKR 291.038028
LRD 179.286319
LSL 18.105844
LTL 2.95274
LVL 0.60489
LYD 4.887683
MAD 10.009614
MDL 18.329526
MGA 4706.789389
MKD 58.596112
MMK 3247.960992
MNT 3397.999946
MOP 8.030651
MRU 39.670106
MUR 46.81985
MVR 15.459886
MWK 1736.717873
MXN 20.3309
MYR 4.451024
MZN 63.910008
NAD 18.106706
NGN 1656.559531
NIO 36.853026
NOK 11.06455
NPR 135.682673
NZD 1.707271
OMR 0.385007
PAB 1.001618
PEN 3.751475
PGK 4.04325
PHP 58.371973
PKR 278.290327
PLN 4.082254
PYG 7804.111936
QAR 3.651913
RON 4.732894
RSD 111.24801
RUB 105.002663
RWF 1382.123107
SAR 3.757218
SBD 8.348554
SCR 13.908538
SDG 601.488949
SEK 11.00957
SGD 1.345155
SHP 0.789317
SLE 22.750268
SLL 20969.504736
SOS 572.418454
SRD 35.381501
STD 20697.981008
SVC 8.763981
SYP 2512.529858
SZL 18.111383
THB 34.298012
TJS 10.9179
TMT 3.5
TND 3.156387
TOP 2.342103
TRY 34.755303
TTD 6.778354
TWD 32.424011
TZS 2635.000368
UAH 41.817239
UGX 3685.51304
UYU 43.241957
UZS 12845.992766
VES 47.79558
VND 25403
VUV 118.722009
WST 2.791591
XAF 624.346345
XAG 0.032181
XAU 0.000377
XCD 2.70255
XDR 0.761843
XOF 624.35823
XPF 113.516086
YER 250.350149
ZAR 18.114805
ZMK 9001.20521
ZMW 27.068342
ZWL 321.999592
  • RBGPF

    -1.0000

    61

    -1.64%

  • BCC

    -1.0900

    146.43

    -0.74%

  • SCS

    -0.2000

    13.52

    -1.48%

  • RIO

    0.2400

    63.51

    +0.38%

  • BCE

    0.2700

    27.31

    +0.99%

  • NGG

    -0.4100

    62.97

    -0.65%

  • CMSD

    -0.0800

    24.31

    -0.33%

  • JRI

    0.0400

    13.54

    +0.3%

  • CMSC

    -0.0100

    24.56

    -0.04%

  • RYCEF

    0.0600

    7.5

    +0.8%

  • RELX

    0.1500

    47.48

    +0.32%

  • GSK

    0.5900

    34.9

    +1.69%

  • BP

    0.4600

    29.45

    +1.56%

  • VOD

    -0.0400

    8.83

    -0.45%

  • AZN

    1.0100

    68.05

    +1.48%

  • BTI

    -0.7000

    37.03

    -1.89%

South Korea president declares emergency martial law
South Korea president declares emergency martial law / Photo: © AFP

South Korea president declares emergency martial law

South Korea's President Yoon Suk Yeol on Tuesday declared emergency martial law, accusing the opposition of being "anti-state forces intent on overthrowing the regime" amid parliamentary wrangling over a budget bill.

Text size:

"To safeguard a liberal South Korea from the threats posed by North Korea's communist forces and to eliminate anti-state elements plundering people's freedom and happiness, I hereby declare emergency martial law," Yoon said in a live televised address to the nation.

"With no regard for the livelihoods of the people, the opposition party has paralysed governance solely for the sake of impeachments, special investigations, and shielding their leader from justice," he added.

The surprise move comes as Yoon's People Power Party and the main opposition Democratic Party continue to bicker over next year's budget bill. Opposition MPs last week approved a significantly downsized budget plan through a parliamentary committee.

The opposition has slashed approximately 4.1 trillion won ($2.8 billion) from Yoon's proposed 677 trillion won budget plan, cutting the government's reserve fund and activity budgets for Yoon's office, the prosecution, police and the state audit agency.

"Our National Assembly has become a haven for criminals, a den of legislative dictatorship that seeks to paralyse the judicial and administrative systems and overturn our liberal democratic order," Yoon said.

- Assembly closed -

Yoon, a former prosecutor, accused opposition lawmakers of cutting "all key budgets essential to the nation's core functions, such as combatting drug crimes and maintaining public security... turning the country into a drug haven and a state of public safety chaos."

The president went on to label the opposition, which holds a majority in the 300-member parliament, as "anti-state forces intent on overthrowing the regime".

Yoon described the imposition of martial law as "inevitable to guarantee the continuity of a liberal South Korea," adding that it would not impact the country's foreign policy.

"I will restore the country to normalcy by getting rid of anti-state forces as soon as possible," he said, without elaborating further other than the martial law in place.

He described the current situation as South Korea "on the verge of collapse, with the National Assembly acting as a monster intent on bringing down liberal democracy".

With martial law imposed, all military units in the South, which remains technically at war with the nuclear-armed North, have been ordered to strengthen their emergency alert and readiness postures, Yonhap news agency reported.

The entrance to the National Assembly has been sealed, and MPs have been barred from entering the building, according to Yonhap.

The imposition of emergency martial law comes as Yoon's approval rating dropped to 19 percent in the latest Gallup poll last week, with many expressing dissatisfaction over his handling of the economy and controversies involving his wife, Kim Keon Hee.

M.McCoy--TFWP