Top Price Market
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

Top Price Market

Politics

South Korea’s prime minister and top presidential officials resign en masse

by April 11, 2024
April 11, 2024
South Korea’s prime minister and top presidential officials resign en masse

South Korea’s prime minister and senior presidential officials have offered to resign en masse following Wednesday’s parliamentary elections.

Prime Minister Han Duck-soo and all senior presidential advisers to conservative President Yoon Suk Yeol submitted their resignations, according to Yoon’s office, after Wednesday’s elections dealt a huge blow to Yeol’s party. The elections secured the liberal opposition forces’ control of parliament until after Yoon completes his single five-year term in 2027. 

The results will likely set back Yoon’s domestic agenda and weaken his grip on the party. He will also have to face the opposition’s intensifying political offensive during his remaining three years, experts say.

Yoon’s office did not immediately say whether Yoon would accept their resignations.

With most of the votes counted, the main opposition Democratic Party and its satellite party appeared to have won a combined 175 seats in the 300-member National Assembly, according to South Korean media tallies.

Yoon’s ruling People Power Party was projected to have obtained 108 seats.

The final official results were expected later Thursday.

The final voter turnout for South Korea’s 44 million eligible voters was the highest for a parliamentary election since 1992, according to the National Election Commission.

In a news conference, ruling People Power Party leader Han Dong-hoon announced he was stepping down to take responsibility for the election defeat.

‘I apologize to the people on behalf of our party, which wasn’t good enough to win the people’s choices,’ he said.

Yoon, a former top prosecutor who took office in 2022, will stay in power and his major foreign policies will likely be unchanged. 

Democratic Party leader Lee Jae-myung, who lost the 2022 presidential election to Yoon, praised Wednesday’s results. 

‘The results of the parliamentary elections are not the victory by the Democratic Party, but the great victory by our people,’ Lee said Thursday. ‘Now, the elections are over. Both the ruling and opposition political parties must pull together all their strength to resolve economic and public livelihood problems.’

In South Korea, executive power is mostly wielded by the president, but the prime minister is the country’s No. 2 official and would take power if the president becomes incapacitated.

The incoming parliament is to begin meeting on May 30 for a four-year term. 

The Associated Press contributed to this report.

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
Biden, Harris announce new campaign push for LGBTQ support, call members ‘a force to be reckoned with’
next post
Lancaster Resources Acquires Piney Lake Gold Property

You may also like

Families of Israeli hostages march towards Jerusalem demanding...

Bernie Sanders says Israel shouldn’t receive ‘another nickel’...

President Trump gave me back my life after...

DNI Gabbard sounds off on Europe’s ‘divergence’ from...

Max inclusivity: Harris campaign is letting new hires...

White House can’t say what assassination of top...

FLASHBACK: Trump seeks to expand fertility coverage, after...

Trump reveals VP shortlist includes DeSantis, Scott, Ramaswamy,...

Shutdown standoff looms in Congress’ final weeks before...

Senate sex tape: Capitol Police decline to press...

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


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

    Latest

    • Trump’s 20th week in office to include White House meeting with European...

    • Ukraine’s drone attack the latest in a series of daring David versus Goliath hits against Russian targets

    • Woman accused of killing in-laws with toxic mushrooms takes stand for first time

    • Harmony Gold to Acquire MAC Copper in US$1.03 Billion Deal

    • Ore Reserve Quadruples for Rhyolite Ridge Project; Reaffirms Robust Project Economics

    Categories

    • Business (1,672)
    • Investing (4,995)
    • Politics (7,861)
    • Uncategorized (2)
    • World (6,378)
    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions
    • Email Whitelisting

    Disclaimer: toppricemarket.com, its managers, 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 toppricemarket.com | All Rights Reserved


    Back To Top