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South Korean president's sudden power move leads to nationwide chaos

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Political drama unfolds in South Korea as president declares martial law over budget dispute. Global markets react while parliament moves quickly to counter presidential decision

In a shocking turn-of-events President Yoon Suk-yeol declared martial-law in South Korea causing nation-wide confusion. The un-expected announcement came after a long-running budget stand-off with the opposition

I declare martial law to protect the free Republic of Korea from the threat of North Korean communist forces

Yoon stated during broadcast

The first such order since the 80s brought immediate push-back from both sides: opposition leader Lee Jae-myung and ruling party chief Han Dong-hoon spoke against it. The won dropped to its two-year low against USD (which shows economic impact)

Parliament moved fast to counter the declaration; all 190 present law-makers voted to lift the order. Military officials however kept it active until Yoon himself cancelled it next morning

In other global news China stopped selling some tech-related minerals to US; this includes stuff like gallium and germanium. The move comes right after US put limits on chip sales to China

President Joe Biden made his first sub-saharan Africa stop in Angola this week. He plans to put 3-billion dollars into railway work there to match Chinese business influence in the region

  • The project focuses on Lobito Corridor
  • Its meant to show US commitment to Africa
  • Last presidential visit was about 9 years ago

The Israel-Lebanon situation got worse when Israeli forces hit Hezbollah spots on monday. This happened after both sides agreed to stop fighting last week; at least 11 people died in these strikes

Lastly a woman got into a Delta plane to Paris without proper papers but cant get back home now because she acted badly on her return flight

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