The Fort Worth Press - South Korea: Yoon Suk Yeol shocks Nation

USD -
AED 3.673043
AFN 71.493717
ALL 87.061306
AMD 390.195672
ANG 1.80229
AOA 916.000129
ARS 1176.250502
AUD 1.56634
AWG 1.8025
AZN 1.69516
BAM 1.726572
BBD 2.025239
BDT 121.869938
BGN 1.72588
BHD 0.378378
BIF 2936
BMD 1
BND 1.310499
BOB 6.930829
BRL 5.679401
BSD 1.003041
BTN 84.76692
BWP 13.730882
BYN 3.282528
BYR 19600
BZD 2.014822
CAD 1.384795
CDF 2873.000262
CHF 0.8295
CLF 0.024698
CLP 947.760276
CNY 7.27135
CNH 7.278315
COP 4198.84
CRC 506.631944
CUC 1
CUP 26.5
CVE 97.341461
CZK 22.080018
DJF 177.720056
DKK 6.60857
DOP 59.032023
DZD 133.150199
EGP 50.982704
ERN 15
ETB 134.606849
EUR 0.885475
FJD 2.25945
FKP 0.749663
GBP 0.75285
GEL 2.745024
GGP 0.749663
GHS 14.293344
GIP 0.749663
GMD 71.502932
GNF 8687.515173
GTQ 7.724462
GYD 210.484964
HKD 7.75705
HNL 26.029114
HRK 6.670101
HTG 131.035244
HUF 358.171991
IDR 16613
ILS 3.61543
IMP 0.749663
INR 84.69705
IQD 1313.73847
IRR 42112.488092
ISK 129.020049
JEP 0.749663
JMD 158.78775
JOD 0.709203
JPY 145.526505
KES 129.839941
KGS 87.450213
KHR 4014.741906
KMF 434.509021
KPW 900.011381
KRW 1435.859762
KWD 0.306502
KYD 0.835783
KZT 514.647601
LAK 21686.066272
LBP 89872.479044
LKR 300.259103
LRD 200.606481
LSL 18.677031
LTL 2.95274
LVL 0.604891
LYD 5.475147
MAD 9.307539
MDL 17.217315
MGA 4453.70399
MKD 54.528135
MMK 2099.538189
MNT 3574.392419
MOP 8.012798
MRU 39.770129
MUR 45.080228
MVR 15.41009
MWK 1739.283964
MXN 19.606894
MYR 4.330144
MZN 64.000202
NAD 18.673816
NGN 1606.349933
NIO 36.90936
NOK 10.445355
NPR 135.627425
NZD 1.692175
OMR 0.386442
PAB 1.003032
PEN 3.677638
PGK 4.095253
PHP 55.888037
PKR 281.827034
PLN 3.79539
PYG 8033.511218
QAR 3.655833
RON 4.407695
RSD 103.446754
RUB 82.248708
RWF 1440.892679
SAR 3.750492
SBD 8.361298
SCR 14.280329
SDG 600.497158
SEK 9.75945
SGD 1.311575
SHP 0.785843
SLE 22.789669
SLL 20969.483762
SOS 573.196677
SRD 36.846974
STD 20697.981008
SVC 8.775321
SYP 13002.38052
SZL 18.660534
THB 33.589768
TJS 10.571919
TMT 3.5
TND 2.978994
TOP 2.342103
TRY 38.574102
TTD 6.792886
TWD 32.127802
TZS 2684.082016
UAH 41.609923
UGX 3674.195442
UYU 42.206459
UZS 12970.563573
VES 86.73797
VND 26005
VUV 120.584578
WST 2.773259
XAF 579.073422
XAG 0.030825
XAU 0.000309
XCD 2.70255
XDR 0.722907
XOF 579.08109
XPF 105.265016
YER 244.950332
ZAR 18.55441
ZMK 9001.198241
ZMW 27.90983
ZWL 321.999592
  • RBGPF

    67.2100

    67.21

    +100%

  • RYCEF

    -0.1000

    10.12

    -0.99%

  • CMSC

    0.0200

    22.03

    +0.09%

  • NGG

    -1.3500

    71.65

    -1.88%

  • AZN

    -1.2800

    70.51

    -1.82%

  • RELX

    -0.5500

    54.08

    -1.02%

  • BTI

    -0.2500

    43.3

    -0.58%

  • VOD

    -0.0300

    9.73

    -0.31%

  • BP

    0.4200

    27.88

    +1.51%

  • RIO

    -0.8500

    58.55

    -1.45%

  • JRI

    0.1000

    13.01

    +0.77%

  • CMSD

    -0.0400

    22.26

    -0.18%

  • GSK

    -1.1000

    38.75

    -2.84%

  • BCC

    -0.5700

    92.71

    -0.61%

  • BCE

    -0.8100

    21.44

    -3.78%

  • SCS

    -0.0500

    9.87

    -0.51%


South Korea: Yoon Suk Yeol shocks Nation




South Korea in Crisis: President Yoon Suk Yeol's Coup Shakes the Nation

In a stunning and unprecedented move, South Korean President Yoon Suk Yeol has attempted to seize absolute power, plunging the nation into political chaos. On the night of December 3, President Yoon declared martial law, suspended the National Assembly, and deployed soldiers to surround its premises, effectively paralysing the country’s democratic institutions. The world is watching in shock as one of Asia’s most stable democracies faces an uncertain future.

The Coup: A Nation in Shock
The events unfolded rapidly on a cold December night, leaving South Koreans and the international community reeling. President Yoon cited national security threats and alleged internal dissent as justification for his actions, but critics are calling it a blatant power grab. By suspending the National Assembly—South Korea’s legislative body—Yoon has undermined the very foundation of the nation’s democratic system.

Eyewitnesses reported heavy military presence in the capital, Seoul, as soldiers and armoured vehicles took positions near government buildings. Communication networks were temporarily disrupted, adding to the confusion. The swift and calculated nature of the coup suggests months of planning, raising questions about who within the government and military may have supported the move.

Immediate Reactions: Outrage and Resistance
The coup has sparked widespread outrage among South Koreans. Protesters took to the streets in major cities, waving banners and chanting slogans calling for Yoon’s resignation. Opposition leaders condemned the move as a betrayal of the democratic values South Korea has upheld since its transition from military rule in the 1980s.

International leaders, including the US-President Joe Biden who is still in office until 20 January 2025 and Japanese Prime Minister Fumio Kishida, have expressed grave concern. The United Nations has called for an emergency session to address the situation, while human rights organisations warn of potential crackdowns on dissent.

What Led to This Crisis?
President Yoon’s tenure has been marked by polarising leadership and a growing divide between conservatives and progressives. Critics argue that his administration’s inability to address pressing economic challenges, such as rising housing costs and youth unemployment, eroded public trust. Yoon’s approval ratings had plummeted in recent months, and his administration faced mounting scrutiny over alleged corruption scandals.

While Yoon’s justification for the coup includes vague references to national security threats, experts believe the move was motivated by a desire to cling to power amidst growing opposition. Some speculate that internal disagreements within his party and the prospect of impeachment may have pushed Yoon to take drastic action.

The Role of the Military
The military’s involvement in the coup is particularly troubling for a country with a history of authoritarian rule. South Korea transitioned to a democracy in 1987 after decades of military dictatorship, and the armed forces have since remained apolitical. Yoon’s ability to mobilise the military raises questions about divisions within the armed forces and whether dissenting voices exist among its ranks.

Should significant portions of the military oppose Yoon’s actions, the possibility of a counter-coup or internal conflict could further destabilise the nation.

Implications for South Korea’s Future
The attempted coup casts a shadow over South Korea’s hard-earned reputation as a thriving democracy. Its political stability and economic strength have made it a key player in the global arena, but this crisis threatens to derail decades of progress.

Domestically, the suspension of democratic institutions could lead to widespread unrest, civil disobedience, and a protracted power struggle. Economically, investor confidence is likely to plummet, jeopardising South Korea’s status as a global technology and trade hub.

On the international stage, the coup could strain alliances, particularly with the United States, which has long regarded South Korea as a crucial ally in countering North Korea and maintaining regional stability. China and North Korea, meanwhile, may view the situation as an opportunity to exploit South Korea’s weakened state.

The Road Ahead: Democracy or Dictatorship?
The fate of South Korea now hinges on the response of its citizens, political leaders, and international allies. Opposition parties have called for immediate action to restore democracy, including mass protests and legal challenges. Meanwhile, world leaders face the delicate task of pressuring Yoon’s government while avoiding escalation.

The unfolding crisis serves as a stark reminder that even the most established democracies are not immune to authoritarian tendencies. For South Korea, the road ahead is fraught with uncertainty, but its people have shown resilience before. Whether the nation emerges from this crisis as a stronger democracy or succumbs to authoritarian rule will shape its future—and its place in the world—for generations to come.