IBOV 173,325.65 ▼ 0.03% IPSA 10,954.04 ▲ 0.52% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,281,979 — 0.00% COLCAP 2,301.34 ▲ 0.13% BVL PERÚ 56,620.35 — — USD/BRL5.06▼ 0.17% USD/MXN17.39▼ 0.11% USD/CLP936.20▲ 0.05% USD/COP3,209▼ 1.44% USD/PEN3.40▲ 0.08% USD/ARS1,479▲ 0.08% USD/UYU40.11▲ 1.23% USD/PYG6,045▲ 1.76% USD/BOB10.80▲ 2.69% USD/DOP58.00▼ 0.34% USD/CRC446.12▲ 1.06% USD/GTQ7.62▲ 2.33% USD/HNL26.74▲ 1.61% USD/NIO36.62▲ 0.72% USD/VES735.39▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.79▲ 0.55% USD/TTD6.73▲ 1.11% EUR/BRL5.78▼ 0.66% BRENT 93.47 ▲ 2.70% WTI 86.40 ▲ 1.75% IRON ORE 161.91 — — COPPER 6.51 ▼ 0.05% GOLD 4,135 ▲ 1.56% SILVER 59.73 ▲ 1.52% SOY 1,232 ▲ 0.98% CORN 482.25 ▲ 6.52% WHEAT 698.00 ▲ 2.95% COFFEE 318.20 ▼ 4.14% SUGAR 14.75 ▼ 0.87% ORANGE JUICE 146.00 ▲ 1.53% COTTON 80.43 ▲ 1.86% COCOA 5,401 ▼ 3.67% BEEF 223.05 ▼ 1.53% CATTLE 344.88 ▼ 2.02% LITHIUM 69.13 ▲ 0.07% PETR4 42.08 ▲ 1.01% VALE3 73.52 ▲ 1.77% ITUB4 42.67 ▲ 0.33% BBDC4 18.63 ▲ 0.43% ABEV3 15.86 ▲ 0.38% BBAS3 20.96 ▲ 0.38% B3SA3 15.38 ▲ 1.38% WEGE3 45.64 ▲ 7.46% PRIO3 58.96 ▲ 1.34% SUZB3 42.12 ▲ 1.18% RENT3 36.60 ▲ 0.14% AZZA3 17.28 ▼ 1.14% CSAN3 3.84 ▲ 1.59% RAIZ4 0.28 ▲ 3.70% PCAR3 2.73 — 0.00% GMAT3 3.88 ▲ 1.31% PSSA3 54.03 ▲ 1.03% CVCB3 1.18 ▲ 5.36% POSI3 3.70 ▲ 0.54% SLCE3 13.79 ▲ 0.29% NATU3 8.72 ▲ 0.11% BRKM5 5.83 ▲ 2.10% RANI3 7.97 ▲ 1.01% CSNA3 5.18 ▲ 2.37% CMIN3 5.72 ▲ 2.51% USIM5 8.57 ▲ 1.30% GGBR4 23.67 ▲ 0.77% ENEV3 25.44 ▲ 0.08% CPFE3 46.06 ▼ 0.73% CMIG4 11.01 ▼ 0.09% EQTL3 38.67 ▼ 0.41% LREN3 13.44 ▲ 1.28% VIVT3 35.52 ▼ 0.78% RAIL3 13.39 ▲ 1.13% KLABIN 17.77 ▲ 1.02% RAIA DROGASIL 18.07 ▼ 0.33% RDOR3 34.08 ▲ 0.47% HAPV3 11.37 ▲ 1.16% FLRY3 16.67 ▲ 0.73% SMTO3 15.76 ▲ 1.16% UGPA3 32.06 ▲ 0.75% VBBR3 34.17 ▲ 0.65% BBSE3 41.60 ▲ 0.12% BPAC11 56.00 ▲ 1.14% CURY3 30.14 ▲ 0.63% AERI3 2.07 ▲ 1.47% VIVARA 21.45 ▲ 0.19% COMPASS 24.46 ▲ 0.08% VAMOS 3.15 ▲ 1.94% SANB11 26.53 ▼ 2.50% ASAI3 8.42 ▲ 2.06% SBSP3 28.66 ▲ 0.21% WALMEX 49.15 ▼ 0.47% GMEXICO 209.54 ▲ 4.34% FEMSA 226.99 ▲ 0.01% CEMEX 22.07 ▲ 0.87% GFNORTE 185.80 ▲ 3.22% BIMBO 59.39 ▼ 0.18% TELEVISA 9.70 ▼ 0.10% AMX 22.76 ▲ 0.09% GAP 378.52 ▲ 0.09% ASUR 274.96 — 0.00% OMA 225.89 ▼ 0.24% KOF 181.05 ▲ 0.13% GRUMA 282.60 ▼ 1.74% KIMBER 38.40 ▲ 0.03% SQM-B 64,540 ▲ 1.80% COPEC 6,450 — 0.00% BSANTANDER 79.01 — 0.00% FALABELLA 5,919 ▲ 1.18% ENELAM 84.53 — 0.00% CENCOSUD 2,028 ▲ 1.14% CMPC 1,084 ▼ 0.38% BANCO CHILE 190.01 ▲ 1.89% LATAM AIR 24.20 ▼ 0.66% YPF 80,625 ▲ 1.80% GGAL 7,965 ▲ 1.53% PAMPA 5,475 ▲ 3.89% TXAR 679.00 ▲ 1.27% ALUAR 973.00 ▲ 1.41% TGS 9,710 ▲ 2.21% CEPU 2,340 ▲ 2.23% MIRGOR 16,775 ▼ 2.04% COME 42.87 ▼ 0.19% LOMA NEGRA 3,605 ▲ 0.91% BYMA 292.25 ▼ 0.51% TELECOM ARG 4,255 ▲ 2.65% ECOPETROL 16.53 ▲ 3.09% BANCOLOMBIA 83.64 — 0.00% GRUPO AVAL 5.09 ▲ 2.83% CREDICORP 391.10 ▲ 1.10% SOUTHERN COPPER 188.01 ▲ 7.39% BUENAVENTURA 31.25 ▲ 3.96% MERCADOLIBRE 1,823 ▼ 0.53% NUBANK 14.39 ▲ 2.86% XP 16.85 ▲ 0.30% PAGSEGURO 9.58 ▲ 3.12% STONE 11.26 ▲ 1.21% GLOBANT 32.10 ▼ 0.59% TECNOGLASS 45.15 — 0.00% GAP AIRPORT 217.68 — 0.00% ASUR 274.96 — 0.00% OMA AIRPORT 104.23 ▲ 0.21% AMX ADR 26.09 ▼ 0.04% FEMSA ADR 130.35 — 0.00% CEMEX ADR 12.70 ▲ 1.68% PETROBRAS ADR 18.54 ▲ 1.92% VALE ADR 14.25 ▲ 1.06% ITAU ADR 8.40 ▲ 0.96% SANTANDER BR 5.40 ▲ 0.56% AMBEV ADR 3.11 ▲ 0.97% CSN 1.01 ▼ 0.50% GERDAU 4.64 ▼ 0.85% LATAM ADR 51.58 ▼ 0.31% BTC 65,724 ▼ 1.17% ETH 1,929 ▲ 0.04% SOL 77.32 ▼ 1.01% XRP 1.14 ▼ 0.44% BNB 570.50 ▼ 0.54% ADA 0.17 ▼ 0.32% DOGE 0.07 ▼ 1.19% AVAX 6.51 ▼ 0.78% LINK 8.61 ▼ 0.44% DOT 0.84 ▼ 1.16% LTC 46.72 ▼ 0.20% BCH 220.84 ▼ 1.28% TRX 0.33 ▲ 0.06% XLM 0.19 ▼ 1.90% HBAR 0.07 ▲ 1.99% NEAR 1.88 ▼ 2.90% ATOM 1.47 ▼ 1.15% AAVE 96.70 ▲ 1.18% SELIC 14.25% EMBRAER 83.17 ▲ 0.63% EMBRAER ADR 65.47 ▼ 0.70% JBS 11.95 ▼ 0.67% JBS BDR 60.50 ▲ 0.47% MBRF3 15.21 ▲ 0.66% MBRFY 2.95 — 0.00% INTER 5.58 ▼ 0.71% EGX 53,932 ▼ 0.11% USD/ZAR16.43▼ 0.26% USD/NGN 1,376 — 0.00% NIKKEI 66,116 ▼ 0.18% CSI300 4,717 ▼ 0.46% HSI 24,893 ▼ 0.95% NIFTY 23,996 ▼ 0.79% KOSPI 6,798 ▲ 0.74% JCI 6,334 ▼ 0.09% USD/JPY163.02▼ 0.09% USD/CNY6.76▼ 0.08% DAX 25,165 ▲ 0.61% CAC 8,454 ▲ 1.08% FTSE 10,744 ▲ 1.49% MIB 52,789 ▲ 0.96% IBEX 19,614 ▲ 1.21% STOXX 647.75 ▲ 0.71% EUR/USD1.14▲ 0.19% GBP/USD 1.3379 — 0.00% SPX 7,495 ▼ 0.19% DJI 52,197 ▼ 0.05% NDX 29,155 ▲ 1.93% RUT 2,987 ▲ 1.53% TSX 35,420 ▲ 0.14% VIX 17.37 ▲ 1.88% USD/CAD1.41▼ 0.20% US10Y 4.6420 ▲ 0.30% IBOV 173,325.65 ▼ 0.03% IPSA 10,954.04 ▲ 0.52% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,281,979 — 0.00% COLCAP 2,301.34 ▲ 0.13% BVL PERÚ 56,620.35 — — USD/BRL 5.06 ▼ 0.22% USD/MXN 17.40 ▼ 0.08% USD/CLP 936.12 ▲ 0.04% USD/COP 3,210 ▼ 1.43% USD/PEN 3.40 ▲ 0.08% USD/ARS 1,479 ▲ 0.08% USD/UYU 40.11 ▲ 1.23% USD/PYG 6,045 ▲ 1.76% USD/BOB 10.80 ▲ 2.69% USD/DOP 58.00 ▼ 0.34% USD/CRC 446.12 ▲ 1.15% USD/GTQ 7.62 ▲ 2.33% USD/HNL 26.74 ▲ 1.61% USD/NIO 36.62 ▲ 0.72% USD/VES 735.39 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.79 ▲ 0.55% USD/TTD 6.73 ▲ 1.02% EUR/BRL 5.78 ▼ 0.65% BRENT 93.47 ▲ 2.70% WTI 86.40 ▲ 1.75% IRON ORE 161.91 — — COPPER 6.51 ▼ 0.05% GOLD 4,135 ▲ 1.56% SILVER 59.73 ▲ 1.52% SOY 1,232 ▲ 0.98% CORN 482.25 ▲ 6.52% WHEAT 698.00 ▲ 2.95% COFFEE 318.20 ▼ 4.14% SUGAR 14.75 ▼ 0.87% ORANGE JUICE 146.00 ▲ 1.53% COTTON 80.43 ▲ 1.86% COCOA 5,401 ▼ 3.67% BEEF 223.05 ▼ 1.53% CATTLE 344.88 ▼ 2.02% LITHIUM 69.13 ▲ 0.07% PETR4 42.08 ▲ 1.01% VALE3 73.52 ▲ 1.77% ITUB4 42.67 ▲ 0.33% BBDC4 18.63 ▲ 0.43% ABEV3 15.86 ▲ 0.38% BBAS3 20.96 ▲ 0.38% B3SA3 15.38 ▲ 1.38% WEGE3 45.64 ▲ 7.46% PRIO3 58.96 ▲ 1.34% SUZB3 42.12 ▲ 1.18% RENT3 36.60 ▲ 0.14% AZZA3 17.28 ▼ 1.14% CSAN3 3.84 ▲ 1.59% RAIZ4 0.28 ▲ 3.70% PCAR3 2.73 — 0.00% GMAT3 3.88 ▲ 1.31% PSSA3 54.03 ▲ 1.03% CVCB3 1.18 ▲ 5.36% POSI3 3.70 ▲ 0.54% SLCE3 13.79 ▲ 0.29% NATU3 8.72 ▲ 0.11% BRKM5 5.83 ▲ 2.10% RANI3 7.97 ▲ 1.01% CSNA3 5.18 ▲ 2.37% CMIN3 5.72 ▲ 2.51% USIM5 8.57 ▲ 1.30% GGBR4 23.67 ▲ 0.77% ENEV3 25.44 ▲ 0.08% CPFE3 46.06 ▼ 0.73% CMIG4 11.01 ▼ 0.09% EQTL3 38.67 ▼ 0.41% LREN3 13.44 ▲ 1.28% VIVT3 35.52 ▼ 0.78% RAIL3 13.39 ▲ 1.13% KLABIN 17.77 ▲ 1.02% RAIA DROGASIL 18.07 ▼ 0.33% RDOR3 34.08 ▲ 0.47% HAPV3 11.37 ▲ 1.16% FLRY3 16.67 ▲ 0.73% SMTO3 15.76 ▲ 1.16% UGPA3 32.06 ▲ 0.75% VBBR3 34.17 ▲ 0.65% BBSE3 41.60 ▲ 0.12% BPAC11 56.00 ▲ 1.14% CURY3 30.14 ▲ 0.63% AERI3 2.07 ▲ 1.47% VIVARA 21.45 ▲ 0.19% COMPASS 24.46 ▲ 0.08% VAMOS 3.15 ▲ 1.94% SANB11 26.53 ▼ 2.50% ASAI3 8.42 ▲ 2.06% SBSP3 28.66 ▲ 0.21% WALMEX 49.15 ▼ 0.47% GMEXICO 209.54 ▲ 4.34% FEMSA 226.99 ▲ 0.01% CEMEX 22.07 ▲ 0.87% GFNORTE 185.80 ▲ 3.22% BIMBO 59.39 ▼ 0.18% TELEVISA 9.70 ▼ 0.10% AMX 22.76 ▲ 0.09% GAP 378.52 ▲ 0.09% ASUR 274.96 — 0.00% OMA 225.89 ▼ 0.24% KOF 181.05 ▲ 0.13% GRUMA 282.60 ▼ 1.74% KIMBER 38.40 ▲ 0.03% SQM-B 64,540 ▲ 1.80% COPEC 6,450 — 0.00% BSANTANDER 79.01 — 0.00% FALABELLA 5,919 ▲ 1.18% ENELAM 84.53 — 0.00% CENCOSUD 2,028 ▲ 1.14% CMPC 1,084 ▼ 0.38% BANCO CHILE 190.01 ▲ 1.89% LATAM AIR 24.20 ▼ 0.66% YPF 80,625 ▲ 1.80% GGAL 7,965 ▲ 1.53% PAMPA 5,475 ▲ 3.89% TXAR 679.00 ▲ 1.27% ALUAR 973.00 ▲ 1.41% TGS 9,710 ▲ 2.21% CEPU 2,340 ▲ 2.23% MIRGOR 16,775 ▼ 2.04% COME 42.87 ▼ 0.19% LOMA NEGRA 3,605 ▲ 0.91% BYMA 292.25 ▼ 0.51% TELECOM ARG 4,255 ▲ 2.65% ECOPETROL 16.53 ▲ 3.09% BANCOLOMBIA 83.64 — 0.00% GRUPO AVAL 5.09 ▲ 2.83% CREDICORP 391.10 ▲ 1.10% SOUTHERN COPPER 188.01 ▲ 7.39% BUENAVENTURA 31.25 ▲ 3.96% MERCADOLIBRE 1,823 ▼ 0.53% NUBANK 14.39 ▲ 2.86% XP 16.85 ▲ 0.30% PAGSEGURO 9.58 ▲ 3.12% STONE 11.26 ▲ 1.21% GLOBANT 32.10 ▼ 0.59% TECNOGLASS 45.15 — 0.00% GAP AIRPORT 217.68 — 0.00% ASUR 274.96 — 0.00% OMA AIRPORT 104.23 ▲ 0.21% AMX ADR 26.09 ▼ 0.04% FEMSA ADR 130.35 — 0.00% CEMEX ADR 12.70 ▲ 1.68% PETROBRAS ADR 18.54 ▲ 1.92% VALE ADR 14.25 ▲ 1.06% ITAU ADR 8.40 ▲ 0.96% SANTANDER BR 5.40 ▲ 0.56% AMBEV ADR 3.11 ▲ 0.97% CSN 1.01 ▼ 0.50% GERDAU 4.64 ▼ 0.85% LATAM ADR 51.58 ▼ 0.31% BTC 65,724 ▼ 1.17% ETH 1,929 ▲ 0.04% SOL 77.32 ▼ 1.01% XRP 1.14 ▼ 0.44% BNB 570.50 ▼ 0.54% ADA 0.17 ▼ 0.32% DOGE 0.07 ▼ 1.19% AVAX 6.51 ▼ 0.78% LINK 8.61 ▼ 0.44% DOT 0.84 ▼ 1.16% LTC 46.72 ▼ 0.20% BCH 220.84 ▼ 1.28% TRX 0.33 ▲ 0.06% XLM 0.19 ▼ 1.90% HBAR 0.07 ▲ 1.99% NEAR 1.88 ▼ 2.90% ATOM 1.47 ▼ 1.15% AAVE 96.70 ▲ 1.18% SELIC 14.25% EMBRAER 83.17 ▲ 0.63% EMBRAER ADR 65.47 ▼ 0.70% JBS 11.95 ▼ 0.67% JBS BDR 60.50 ▲ 0.47% MBRF3 15.21 ▲ 0.66% MBRFY 2.95 — 0.00% INTER 5.58 ▼ 0.71% EGX 53,932 ▼ 0.11% USD/ZAR 16.44 ▼ 0.13% USD/NGN 1,376 — 0.00% NIKKEI 66,116 ▼ 0.18% CSI300 4,717 ▼ 0.46% HSI 24,893 ▼ 0.95% NIFTY 23,996 ▼ 0.79% KOSPI 6,798 ▲ 0.74% JCI 6,334 ▼ 0.09% USD/JPY 163.07 ▼ 0.04% USD/CNY 6.7610 ▲ 0.06% DAX 25,165 ▲ 0.61% CAC 8,454 ▲ 1.08% FTSE 10,744 ▲ 1.49% MIB 52,789 ▲ 0.96% IBEX 19,614 ▲ 1.21% STOXX 647.75 ▲ 0.71% EUR/USD 1.1418 ▲ 0.12% GBP/USD 1.3379 — 0.00% SPX 7,495 ▼ 0.19% DJI 52,197 ▼ 0.05% NDX 29,155 ▲ 1.93% RUT 2,987 ▲ 1.53% TSX 35,420 ▲ 0.14% VIX 17.37 ▲ 1.88% USD/CAD 1.4083 ▼ 0.16% US10Y 4.6420 ▲ 0.30%
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South Korea’s Leadership Crisis Deepens as Court Reinstates Han Duck-soo

By · March 24, 2025 · 2 min read

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South Korea’s Constitutional Court reinstated Prime Minister Han Duck-soo as acting president on March 23, 2025, ending months of political chaos. The 5-1 ruling among eight justices overturned his December 2024 impeachment.

This impeachment was sparked by his refusal to appoint three justices to the same court. This decision, announced on a tense Sunday, restores Han to power amid a broader crisis that began with President Yoon Suk Yeol’s brief martial law declaration.

Yoon shocked the nation on December 3, 2024, by imposing martial law, claiming threats from North Korea and internal unrest justified it. Parliament swiftly rejected it, voting 190-0 within hours, and impeached Yoon on December 14 with 204 votes.

Han, a 75-year-old technocrat, stepped in as acting president but clashed with the opposition-led National Assembly. His refusal to fill court vacancies led to his own impeachment on December 27, passing 192-0 after a boycott by Yoon’s People Power Party.

The court’s ruling reveals deep divisions. Five justices deemed Han’s actions insufficient for removal, despite controversy over his stalling judicial appointments.

South Korea’s Leadership Crisis Deepens as Court Reinstates Han Duck-soo
South Korea’s Leadership Crisis Deepens as Court Reinstates Han Duck-soo. (Photo Internet reproduction)
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Critics argue he protected Yoon, whose impeachment trial remains unresolved, potentially delaying a verdict due in June 2025. Meanwhile, North Korea ramps up missile tests, exploiting Seoul’s instability, while allies like the U.S. and Japan watch with concern.

South Korea’s Political Instability and Economic Uncertainty

Public opinion splits sharply. Han’s approval rating fell from 42% in December to 31% by January, reflecting frustration among younger voters. Supporters, however, praise his steady hand during a trade war sparked by U.S. tariffs under President Donald Trump.

Economists warn prolonged uncertainty threatens South Korea, Asia’s fourth-largest economy, as businesses hesitate amid leadership flux. Geopolitically, the stakes rise. Han’s return ensures a pro-U.S. stance, but a stalled Yoon trial risks weakening alliances against China and North Korea.

The opposition Democratic Party, holding 170 seats, pushes for Yoon’s removal, eyeing a snap election within 60 days if successful. Their leader, Lee Jae-myung, leads polls but faces legal hurdles that could bar him from running.

Han resumes duties with a fragile mandate. He pledges to focus on stability and trade challenges, yet his 87-day absence exposed governance flaws. The court, still short three justices, struggles with a backlog, amplifying calls for reform.

South Korea’s democracy, born in 1987, faces a stress test as political gridlock persists. This saga grips business leaders globally. Investors monitor currency dips and trade talks, while analysts predict months of uncertainty.

Han’s reinstatement offers temporary relief, but Yoon’s fate looms large, shaping South Korea’s role on the world stage. The nation holds its breath, awaiting the next chapter in this unfolding drama.

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