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is itl industries limited (522183) a good long term bet ✌️【Long-term Investment】✌️ Free real-time global stock indices and data to help you grasp stock market trends and achieve capital growth. Now, the former prosecutor and conservative firebrand’s political career hangs by a thread, with an impeachment motion against him underway and the country’s leader rapidly losing support even within his own ruling party.

Dramatic scenes from South Korea on Tuesday night showed military helicopters landing near the National Assembly in the capital Seoul, soldiers breaking through windows to try and prevent lawmakers from gathering, and protesters confronting riot police.

But the operation was unsuccessful. TV stations and news media continued to report unhindered, people traveled freely and there were no mass arrests. When lawmakers voted to overturn Yoon’s surprise decree, security forces backed away.

In the days since the streets of Seoul have been busy with commuter traffic, there was little extra security presence on the ground, businesses and restaurants were open, and the country was functioning as normal.

But the president’s short-liveddeclaration of martial lawstill felt like an attack to the heart of the country’s democracy. As they peacefully marched through Seoul this week, protesters expressed revulsion at the move, describing Yoon’s actions to 【 - Free Access to Community 】 as a “betrayal” and “an embarrassment,” and demanded his resignation and arrest.

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Last year, Yoon wasserenading United States President Joe Biden with a rendition of ‘American Pie’ by Don McLeanat a White House state dinner and toasting their “iron clad” relationship.

His extreme decision surprised even the US – which has a decades-old mutual defense treaty with South Korea – with one senior administration officialtelling 【 - Free Access to Community 】they were “seriously concerned by what we are seeing develop.”

US Secretary of State Antony Blinken reiterated that South Korea is “one of our closest partners and allies” and said it was important to “see this process play out peacefully and according to the constitution and the rule of law.”

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Yoon, a political newcomer, took office in 2022 with the conservative People Power Party, winning the presidential election by amarginof less than 1%.

He had spent almost 30 years as a prosecutor, leading high-profile investigations into corruption scandals that included a graft probe against former President Park Geun-hye that led to her impeachment and landed her in prison.

On the campaign trail, Yoon appealed to the country’sgrowing anti-feminist movement, and committed to abolishing the Ministry of Gender Equality and Family, which he claimed is unfair to men.

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In office, Yoon clashed fiercely with the opposition. Earlier this year, opposition parties overwhelmingly won elections seen as a referendum on Yoon’s rule, and took control of the National Assembly.

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In his speech declaring martial law Tuesday, he labelled the opposition’s actions “clear anti-state behavior aimed at inciting rebellion” and referenced “threats posed by North Korea’s communist forces,” vowing to “eliminate anti-state elements.”

Former foreign minister Kyung-wha Kangtold 【 - Free Access to Community 】that the idea of communist sympathizers or anti-state agents scheming to overthrow the government is “completely unrelated to anything I can see happening in the country.”

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But Yoon’s eventual decision to rescind the decree shows he “is not a man who’s trying to seize power, or create a second term, or prolong his rule,” said Sydney Seiler, senior adviser for the Center for Strategic and International Studies.

“From the ruling party’s perspective, (he’s) trying to get the ball moving. He probably thought he had much more support within the ruling party for his actions than he actually did.”

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First Lady Kim Keon Heewas accusedlast year of accepting a $2,200 Christian Dior bag as a gift – a potential violation of anti-graft laws. A secretly filmed video that surfaced online purported to show Kim receiving a cloud-blue “Lady Dior Pouch” from a Korean-American pastor.

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“Yoon tends to act more on instinct than rationality, embodying a reckless ‘lonely hero’ persona,” said Ahn Byung-jin, professor at the global academy for future civilizations at Kyung Hee University.

“He perceives the current situation as an existential crisis, especially with attempts to impeach members of his cabinet, cut the budget, and push for special investigations against his wife. He believes he is seriously cornered.”

Yoon said he recently began practicing golf in preparation for “golf diplomacy” with US President-elect Donald Trump, but his overreach on Tuesday leaves his position on the world stage, and domestically, seriously in doubt.

Parliamentary wrangles have recently toppled a government elsewhere. This week in France, Prime Minister Michel Barnier wasforced to resignin a no-confidence vote after his attempt to ram through part of his government’s annual budget.

For some South Koreans, such as pastor Kwak Dong-seok, Yoon has worked to address economic issues, and is correct in his claims of “anti-state” forces in the country.

“Martial law is often criticized as excessive, but in some cases, it has been justified as a measure to prevent the establishment of a communist regime,” said Kwak, who organizes regular conservative rallies and political activities.

“Korean democracy started late but we made it by ourselves and are very proud of it,” said school principal Kim Hyeon. Yoon’s attempt at martial law demonstrates that “the president’s way of thinking doesn’t match our society,” she said.

In the days since Yoon’s botched martial law attempt, extraordinary details have emerged of just how many senior figures, bothwithin the political establishment and the military, were caught completely off-guard.

Opposition leader Lee Jae-myung told 【 - Free Access to Community 】 he initially thought the announcement was a deepfake video when his wife showed it to him on a phone.

On the other side of the political divide, Han Dong-hoon, the head of South Korea’s ruling party, told 【 - Free Access to Community 】 he learned about it from television. Han was deeply critical of Yoon’s gambit, but avoided calling for his resignation or impeachment.

However, on Friday morning, Han appeared to signal a dramatic change in his thinking, saying he now felt it is necessary to suspend the president’s constitutional powers after learning that Yoon had allegedly attempted to use troops to arrest key political figures “under the pretext of them being anti-state forces.”

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Lawmakers are expected to vote on an impeachment motion in the next two days, and police have launched an investigation into Yoon and other top officials on treason allegations.

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“Korean democracy has the awareness and capability to prevent any impulsive actions by a dictator,” said Park from Min Consulting.

Yoon’s actions appear to be a dramatic miscalculation that could cost him the presidency, as protesters in Seoul continue to press for his resignation. The people may have saved democracy in South Korea this week, though months of political uncertainty lie ahead.

【 - Free Access to Community 】’s Hanna Park, Eunseo Jeong, Jessie Yeung, Rebecca Wright, Ivan Watson, Nectar Gan, Gawon Bae, Yoonjung Seo, and Antoinette Radford contributed reporting.

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