Secret Assets Owners
  • Investing
  • World News
  • Politics
  • Stock
  • Editor’s Pick
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 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
previous post
House Republicans blast ‘cry wolf’ conservatives who tanked FISA renewal bill
next post
Biden, Harris announce new campaign push for LGBTQ support, call members ‘a force to be reckoned with’

You may also like

Trump’s reported snub of Taiwan president spurs concerns...

July 29, 2025

Medvedev warns Trump’s new deadline to end Russia-Ukraine...

July 29, 2025

DAVID MARCUS: I’ve seen enough human suffering in...

July 29, 2025

Bondi DOJ files complaint alleging misconduct by Federal...

July 29, 2025

Senate confirms Trump pick to lead independent Nuclear...

July 29, 2025

Key Trump nominees stalled by Senate Dems puts...

July 28, 2025

US judge blocks Trump effort to cut Planned...

July 28, 2025

Thailand, Cambodia reach ceasefire deal to end conflict...

July 28, 2025

America must win the AI race — and...

July 28, 2025

Obama issues rare statement on foreign policy issue

July 28, 2025
Join The Exclusive Subscription Today And Get Premium Articles For Free


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Recent Posts

  • Reforming Labor Union Laws

    July 29, 2025
  • Trump’s reported snub of Taiwan president spurs concerns over deference to China

    July 29, 2025
  • Medvedev warns Trump’s new deadline to end Russia-Ukraine conflict is a ‘step towards war’

    July 29, 2025
  • DAVID MARCUS: I’ve seen enough human suffering in homeless encampments to know Trump’s new policy is right

    July 29, 2025
  • Bondi DOJ files complaint alleging misconduct by Federal Judge James Boasberg

    July 29, 2025
  • About us
  • Contact us
  • Terms & Conditions
  • Privacy Policy

Copyright © 2025 SecretAssetsOwners.com All Rights Reserved.


Back To Top
Secret Assets Owners
  • Investing
  • World News
  • Politics
  • Stock
  • Editor’s Pick