Crisis in Seoul: Navigating South Korea's Political Turmoil

South Korea's acting president, Han Duck-soo, seeks to stabilize relations and calm markets after President Yoon Suk Yeol's impeachment over a martial law attempt. Amid calls for stability, opposition parties decide against further impeachments, while the constitutional court deliberates Yoon's fate.

In the wake of President Yoon Suk Yeol's shocking impeachment due to a controversial martial law attempt, South Korea's acting president, Han Duck-soo, has taken swift steps to reassure both international allies and financial markets. On Sunday, Han reinforced South Korea's commitment to its long-standing alliance with the United States by speaking directly with U.S. President Joe Biden, emphasizing an uninterrupted foreign policy.

Despite the political chaos, Han's office confirmed that the opposition Democratic Party has opted not to pursue further impeachments to avoid destabilizing governance further. This decision follows intense scrutiny of Yoon's failed martial law move, which is under criminal investigation. Prosecutors are preparing for further questioning of Yoon and senior officials, with potential insurrection charges looming.

The political upheaval has rattled South Korea's diplomatic relations as concerns grow over North Korea's potential provocations during this period of vulnerability. Han remains in close communication with U.S. military commanders while ensuring military vigilance. Meanwhile, South Korea's financial strategies are being reassessed to support an economy grappling with uncertainty amid these tumultuous times.

(With inputs from agencies.)