Impeachment and Political Uncertainty in South Korea

The recent impeachment of President Yoon Suk-yeol has led to significant political upheaval in South Korea, leaving Prime Minister Han Dook-soo as the acting president. Han is expected to maintain a status quo approach to governance while the Constitutional Court deliberates on the validity of the impeachment. With the court's ruling pending, there is speculation about whether Yoon could be reinstated or if the next president might emerge from the opposition, specifically Lee Jae-myung of the Democratic Party, who currently enjoys higher approval ratings. The situation has created a climate of uncertainty that investors are closely monitoring, especially as it could influence South Korea's economic stability and policy direction.