IBOV 172,470.78 ▲ 0.66% IPC MEX 71,905.78 ▲ 0.05% MERVAL 2,848,945 — — USD/BRL5.56▼ 0.37% USD/MXN18.61▼ 0.07% USD/CLP983.58▼ 0.07% USD/COP3,269▼ 0.16% USD/PEN3.41▼ 0.01% USD/ARS1,547▲ 0.05% USD/UYU40.52▲ 3.70% USD/PYG6,174▲ 1.84% USD/BOB11.63▲ 0.92% USD/DOP60.48▲ 0.13% USD/CRC446.01▲ 1.66% USD/GTQ7.64▲ 3.18% USD/HNL26.90▲ 0.20% USD/NIO36.62▲ 1.17% USD/VES899.36▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 2.33% USD/TTD6.72▲ 2.23% EUR/BRL6.17▼ 0.12% BRENT 93.02 ▲ 1.67% WTI 86.99 ▲ 1.10% IRON ORE 161.91 — — COPPER 6.30 ▲ 1.33% GOLD 4,011 ▼ 0.47% SILVER 52.18 ▲ 2.11% SOY 1,234 ▲ 0.80% CORN 447.25 ▼ 0.39% WHEAT 599.50 ▲ 1.14% COFFEE 265.20 ▼ 2.28% SUGAR 18.45 ▲ 1.99% ORANGE JUICE 146.40 ▼ 0.24% COTTON 82.35 ▲ 4.65% COCOA 5,043 ▲ 6.35% BEEF 218.23 ▼ 0.44% CATTLE 327.25 ▼ 0.94% LITHIUM 61.38 ▲ 2.33% PETR4 44.23 ▼ 1.60% VALE3 64.29 ▼ 0.79% ITUB4 41.77 ▲ 1.38% BBDC4 14.54 — 0.00% ABEV3 15.81 ▲ 0.13% BBAS3 17.14 ▲ 0.23% B3SA3 14.75 ▲ 1.86% WEGE3 51.98 ▲ 2.02% PRIO3 61.84 ▲ 3.03% SUZB3 54.18 ▼ 0.51% RENT3 30.19 ▲ 1.34% AZZA3 15.13 ▲ 2.72% CSAN3 2.93 ▲ 9.33% RAIZ4 0.30 ▼ 98.77% PCAR3 2.55 ▼ 0.39% GMAT3 3.94 ▲ 3.41% PSSA3 45.97 ▼ 1.50% CVCB3 0.88 ▲ 2.33% POSI3 3.27 ▲ 3.81% SLCE3 17.18 ▲ 0.53% NATU3 5.59 ▲ 0.72% BRKM5 2.94 ▲ 0.68% RANI3 8.50 ▲ 0.59% CSNA3 4.40 ▲ 0.46% IBOV 172,470.78 ▲ 0.66% IPC MEX 71,905.78 ▲ 0.05% MERVAL 2,848,945 — — USD/BRL 5.56 ▼ 0.40% USD/MXN 18.62 ▼ 0.04% USD/CLP 983.88 ▼ 0.04% USD/COP 3,282 ▲ 0.24% USD/PEN 3.41 ▼ 0.03% USD/ARS 1,547 ▲ 0.05% USD/UYU 40.52 ▲ 3.70% USD/PYG 6,174 ▲ 1.84% USD/BOB 11.63 ▲ 0.92% USD/DOP 60.83 ▲ 0.71% USD/CRC 446.01 ▲ 1.66% USD/GTQ 7.64 ▲ 3.18% USD/HNL 26.90 ▲ 0.20% USD/NIO 36.62 ▲ 1.17% USD/VES 899.36 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 2.33% USD/TTD 6.72 ▲ 2.23% EUR/BRL 6.17 ▼ 0.15% BRENT 93.02 ▲ 1.67% WTI 86.99 ▲ 1.10% IRON ORE 161.91 — — COPPER 6.30 ▲ 1.33% GOLD 4,011 ▼ 0.47% SILVER 52.18 ▲ 2.11% SOY 1,234 ▲ 0.80% CORN 447.25 ▼ 0.39% WHEAT 599.50 ▲ 1.14% COFFEE 265.20 ▼ 2.28% SUGAR 18.45 ▲ 1.99% ORANGE JUICE 146.40 ▼ 0.24% COTTON 82.35 ▲ 4.65% COCOA 5,043 ▲ 6.35% BEEF 218.23 ▼ 0.44% CATTLE 327.25 ▼ 0.94% LITHIUM 61.38 ▲ 2.33% PETR4 44.23 ▼ 1.60% VALE3 64.29 ▼ 0.79% ITUB4 41.77 ▲ 1.38% BBDC4 14.54 — 0.00% ABEV3 15.81 ▲ 0.13% BBAS3 17.14 ▲ 0.23% B3SA3 14.75 ▲ 1.86% WEGE3 51.98 ▲ 2.02% PRIO3 61.84 ▲ 3.03% SUZB3 54.18 ▼ 0.51% RENT3 30.19 ▲ 1.34% AZZA3 15.13 ▲ 2.72% CSAN3 2.93 ▲ 9.33% RAIZ4 0.30 ▼ 98.77% PCAR3 2.55 ▼ 0.39% GMAT3 3.94 ▲ 3.41% PSSA3 45.97 ▼ 1.50% CVCB3 0.88 ▲ 2.33% POSI3 3.27 ▲ 3.81% SLCE3 17.18 ▲ 0.53% NATU3 5.59 ▲ 0.72% BRKM5 2.94 ▲ 0.68% RANI3 8.50 ▲ 0.59% CSNA3 4.40 ▲ 0.46%
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Wednesday, November 11, 2026

Yoon’s Impeachment: How South Korea’s President Lost Power in 11 Days

By · · 2 min read

South Korea is facing a significant political upheaval following the impeachment of President Yoon Suk-yeol on December 14, 2024. This event has captured public attention and raised important questions about governance and democracy in the country.

The crisis began with Yoon’s unexpected declaration of martial law on December 3, aimed at addressing what he called “anti-state forces.” This move was met with immediate backlash.

Many viewed it as an overreach of power, reminiscent of South Korea‘s authoritarian past. Within hours, the National Assembly acted to revoke the martial law, setting the stage for a political showdown.

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On December 14, lawmakers voted overwhelmingly to impeach Yoon. The resolution passed with 204 votes in favor, just above the two-thirds majority needed.

This vote reflected a shift in public sentiment; polls indicated that a significant portion of the population opposed Yoon’s actions. In fact, protests erupted across the nation, with around 200,000 people gathering in Seoul alone to demand his resignation.

Yoon's Impeachment: How South Korea's President Lost Power in 11 Days
Yoon’s Impeachment: How South Korea’s President Lost Power in 11 Days.
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The impeachment process was not without its complications. An earlier attempt on December 7 failed when members of Yoon‘s own People Power Party (PPP) boycotted the vote.

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South Korea in Turmoil

However, as public discontent grew, several lawmakers from the PPP changed their stance and supported the opposition’s efforts. With Yoon suspended from office, Prime Minister Han Duck-soo stepped in as acting president.

He assured citizens that he would work to maintain stability during this uncertain time. Meanwhile, the Constitutional Court now faces the critical task of reviewing the impeachment.

It has up to six months to decide whether to uphold or reject the motion. Yoon’s presidency has been marked by increasing unpopularity and political strife.

His martial law declaration raised alarms about the erosion of democratic norms in South Korea. As investigations into his actions proceed, he faces serious allegations that could lead to further legal consequences.

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

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