US EditionSouth Korean Leadership in Transition Amidst Political Turmoil
- Education Minister Lee Ju-ho became South Korea's third acting president in five months on April 25 amid political upheaval in Asia's fourth-largest economy.
- Lee assumed leadership following the resignations of two key cabinet members who had been serving as acting presidents after former President Yoon Suk Yeol was removed from office due to an unsuccessful martial law declaration.
- Lee, a Cornell-educated labour economist and education official, has been tasked with stabilizing financial markets and guiding a nation mired in political, economic, and social unrest ahead of the snap presidential election scheduled for June 3.
- At midnight on Thursday, Lee called on officials to take all necessary measures to address potential fluctuations in financial markets and emphasized the importance of close coordination with the cabinet, parliament, and international partners to ensure economic stability.
- Lee's interim leadership highlights ongoing government instability and a critical transition phase as South Korea prepares for a contested election amid deep societal divisions.
18 Articles
18 Articles
Acting president inspects public safety ahead of Children's Day holiday
Acting President Lee Ju-ho visited police and firefighters Saturday to inspect public safety ahead of the Children's Day holiday next week. Lee encouraged police officers and firefighters during visits to the Hwayang police patrol unit in Seoul's Gwangjin District and the Gangdong Fire Station in eastern Seoul. The Hwayang unit oversees Seoul Children's Grand Park, which is expected to draw many family visitors for May 5 Children's Day and the e…
Seoul reels from unprecedented leadership vacuum with top 3 posts empty
With just one month left before South Korea’s early presidential election amid critical US tariff talks that have been racing forward, Seoul has been rocked by an unprecedented leadership vacuum: the president, prime minister and top economic chief are all absent due to impeachment or resignation. Deputy Prime Minister for Social Affairs and Education Minister Lee Ju-ho, fourth in the Cabinet hierarchy, assumed the role of acting president on Fr…
ROK's acting finance minister vows to minimise market impact from political uncertainty
South Korea's acting finance minister vowed to minimise any negative impact on financial and foreign exchange markets, after the country's prime minister and finance minister resigned.Acting Finance Minister Kim Beom-seok, in a meeting with other economic
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