Displaying items by tag: opposition victory
South Korea: crushing electoral defeat for ruling party
The liberal opposition, led by the Democratic Party (DPK), has secured a significant election victory, winning 192 out of 300 seats in South Korea’s national assembly. The result is seen as a midterm assessment of President Yoon Suk Yeol's leadership, as his People Power Party (PPP) suffered a crushing defeat. His party leader has resigned, and the prime minister has offered to do so. The DPK will now be able to fast-track and push legislation through parliament. Its leader Lee Jae-myung may now be emboldened to consider another presidential run. Mr Yoon is under pressure to address a number of issues including rising food prices, a rapidly ageing population and an ongoing doctor's strike. His wife's involvement in a gift controversy and corruption allegations against senior PPP members add to his challenges. The DPK, while celebrating its victory, also faces its own controversies and internal struggles, including corruption allegations.