South Korea's Political Crisis: Yoon Suk Yeol's Arrest and its Ramifications

South Korea is in crisis as President Yoon Suk Yeol faces allegations of insurrection following his attempt to impose martial law. Yoon's arrest marks the first time a sitting South Korean president has been detained. His refusal to cooperate has intensified political tensions and economic instability.

South Korea is facing an unprecedented political crisis with the arrest of President Yoon Suk Yeol, making him the first sitting president to be detained. This arrest comes amid allegations of insurrection linked to a martial law attempt that was rebuffed by parliament in December.

The President's refusal to participate in investigative questioning has further deepened tensions, with the Constitutional Court set to determine the outcome of his impeachment trial. Yoon's arrest followed a dramatic standoff, culminating in a police raid on his residence at dawn.

The economic implications are significant, as the central bank held interest rates steady in response to pressure on the South Korean won. This political turmoil has sparked divisive public opinion, with some supporters rallying behind Yoon despite the allegations.

(With inputs from agencies.)