South Korea Parliament Impeaches Acting President

South Korea is experiencing significant political turmoil following the impeachment of President Yoon Suk Yeol and his successor, acting President Han Duck-soo, amid a failed attempt to impose martial law. The National Assembly overwhelmingly voted to impeach Han with a 192-0 vote, following accusations of complicity and insurrection for refusing to appoint judges to the Constitutional Court. This turmoil has led to a drastic decline in the South Korean won, which hit its lowest level against the dollar since 2009, and has severely impacted business and consumer confidence. Choi Sang-mok, the Finance Minister, has now taken on the roles of acting president and prime minister, vowing to stabilize the economy. The Constitutional Court's future decisions are critical, as a two-thirds majority is needed to finalize Yoon's impeachment, a challenge complicated by vacant court seats. The political crisis has raised concerns about the stability of South Korea's democratic processes and its economy.