South Korea elects a president
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Months of a political drama in South Korea is drawing to a close with the country poised to elect a new president this week to succeed Yoon Suk Yeol, a conservative leader who was toppled over his ill-fated imposition of martial law.
SEOUL: Lee Jae-myung is still the frontrunner in South Korea's presidential race, but what once looked like a landslide victory has turned into a much closer contest.
South Korea's Industry Ministry said on Monday it will actively respond to the looming 50% U.S. tariff on steel products as part of the country's ongoing trade discussions with Washington in order to minimise the impact on industry.
It is still recovering from the martial law crisis last December, when the president, Yoon Suk Yeol, tried to orchestrate a military takeover. He failed, because of resistance from the public and politicians, and was impeached, triggering this snap election to choose his successor.
The plight of temporary workers like Kim Hyoung-su, who’s been protesting for months at the top of a tower, has become an issue in Tuesday’s presidential election.
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When then-President Yoon Suk Yeol's martial law decree plunged South Korea into chaos, it plummeted sales at Park Myung-Ja's diner in Jechon and became a turning point for many voters in the town.
The plane crashed just six minutes into its flight. No civilians were reported dead or injured. A South Korean navy plane crashed in the southeastern city of Pohang on Thursday, killing all four crew members on board, according to local media. The navy said the cause of the crash was under investigation.
No matter who clinches South Korea’s presidential election this week, one outcome is certain: the country’s crypto industry is poised to win.