On 3 December, 2024, President Yoon Suk Yeol declared martial law in South Korea, citing national security threats. This marked the first martial law declaration since 1979 and was swiftly overturned by the National Assembly following public protests and political opposition, leading to its repeal within hours.

The event has sparked discussions on potential impeachment proceedings and investigations, raising questions about the nation's political stability and governance.  As the nation grapples with the aftermath, this newsletter examines the background motivation, and ongoing political, economic, and social implications.

Please read the attached full report for an analysis.

[Image Source: Yonhap news]