Korea Opposition Moves To Impeach Acting President
Mint Bangalore|December 27, 2024
The attempt to impeach Han comes as South Korea is still reeling from Yoon's martial law decree
Bloomberg

South Korea's opposition party filed a motion to impeach acting President Han Duck-soo after he resisted pressure to appoint court judges who might increase the likelihood of removing President Yoon Suk Yeol from power.

The Democratic Party proposed the impeachment motion and presented it at a plenary session of the National Assembly, with plans to hold the vote as early as Friday.

This comes after Han held an emergency public address Thursday saying he would hold off approving three judges nominated by the opposition-controlled parliament, risking his own impeachment and potentially escalating tensions.

Han said the right to approve the judges rests with the president of the nation.

This story is from the December 27, 2024 edition of Mint Bangalore.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the December 27, 2024 edition of Mint Bangalore.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM MINT BANGALOREView All
Mint Bangalore

Services exports save the day for current account in Sep quarter

A rise in services exports helped narrow India's current account deficit (CAD) in the September quarter, although this marked the second consecutive quarterly deficit after hitting a surplus in the final three months of FY24.

time-read
1 min  |
December 28, 2024
Mint Bangalore

Sebi Issues Circular on Share Transfer

The circular provides clarity on the rules surrounding ownership transfers in intermediary cos

time-read
1 min  |
December 28, 2024
Mint Bangalore

UltraTech to Acquire Minority Stake in Star Cement

UltraTech Cement on Friday said it will acquire a minority stake of 8.69% from the promoters of Meghalaya-based Star Cement in a deal worth up to ₹851 crore.

time-read
1 min  |
December 28, 2024
Mint Bangalore

Rupee falls to record low as dollar bids spike

The rupee fell to an all-time low on Friday, as maturing non-deliverable forwards and currency futures boosted dollar demand, while the sharp fall led to panic dollar buying by importers.

time-read
1 min  |
December 28, 2024
Mint Bangalore

JSW Neo to acquire O2 Power; EQT and Temasek to exit

The transaction entails acquisition of O2 Power Midco Holdings and O2 Energy SG, and is subject to customary nods

time-read
1 min  |
December 28, 2024
Mint Bangalore

Rural-urban consumption gap shrinks in 2023-24

The monthly per capita consumption expenditure rose to ₹4,122 in rural areas and ₹6,996 in urban areas

time-read
1 min  |
December 28, 2024
Mint Bangalore

Escorts Kubota's ride is bumpy amid demand concerns

Escorts Kubota Ltd continues to grapple with the challenges of weak export volumes and subdued construction equipment demand.

time-read
2 mins  |
December 28, 2024
Mint Bangalore

India's Textile Exports a Silver Lining as Trade Deficit Widens

Experts attribute this growth to govt policies, trade deals, and adoption of new technologies

time-read
3 mins  |
December 28, 2024
Mint Bangalore

The Archetypical Insider Who Guided India Towards Its Economic Potential

Manmohan Singh was chief guest at the annual convocation of the Indian Institute of Management Bangalore on 15 April 1991.

time-read
5 mins  |
December 28, 2024
Mint Bangalore

A Vision

Former prime minister Manmohan Singh's tenure (2004-2014) witnessed significant reforms that profoundly impacted India's economy, governance, and social infrastructure. His reforms focused on pressing issues such as poverty alleviation, education, healthcare, and corruption. Mint takes a look at the key reforms that reflect Singh's enduring legacy.

time-read
1 min  |
December 28, 2024