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What is the short term outlook for Jet Knitwears Limited (JETKNIT) ✌️【Short-Term Gains】✌️ Free stock selection service with professional advisors offering the best investment portfolio for stable growth. The opposition Democratic Party says it will begin impeachment proceedings against Yoon if he doesn’t step down immediately. “We will not sit idly by and watch President Yoon’s crime of destroying the Constitution and trampling on democracy,” the party said. “President Yoon should immediately resign voluntarily.” While the leader of Yoon’s ruling People’s Power Party, Han Dong-hoon, apologized to the public in a statement to reporters Wednesday morning, and called for the country’s defense minister to be fired.

“The president must directly and thoroughly explain this tragic situation,” he added. “The minister of defense, who recommended this martial law, should be immediately dismissed, and all those responsible must be held strictly accountable.”

What is the short term outlook for Jet Knitwears Limited (JETKNIT) ✌️【Short-Term Gains】✌️ Real-time global stock trend and futures data to help you plan investment strategies for long-term returns. The last time a South Korean president declared martial law was in 1980, during a nationwide uprising led by students and labor unions.

Yoon had declared martial law in a surprise late-night address on Tuesday, reviving memories of a morepainful, authoritarian pastas troopsattempted to enterthe main hall of the National Assembly and people against the measure gathered outside following his announcement.

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Lawmakers worked swiftly to block the martial law decree in the hours after Yoon’s declaration, with 190 of the 300 members of parliament voting to overturn the measure.

What is the short term outlook for Jet Knitwears Limited (JETKNIT) ✌️【Short-Term Gains】✌️ Free stock data analysis to help you select stocks accurately and capture market trends. When he declared martial law, Yoon had labeled the opposition’s actions as “clear anti-state behavior aimed at inciting rebellion.” He further claimed these acts have “paralyzed state affairs and turned the National Assembly into a den of criminals.”

“To safeguard a liberal South Korea from the threats posed by North Korea’s communist forces and to eliminate anti-state elements… I hereby declare emergency martial law,” Yoon said in the address.

He described martial law as a necessary measure to eradicate these “shameless pro-North anti-state forces,” justifying the decision as essential to protect the freedoms and safety of the people, ensure the country’s sustainability, and pass on a stable nation to future generations.

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Citing the same document, Reuters reported that “strikes, work stoppages and rallies that incite social chaos” are also prohibited. That includes doctors who had been engaged in a walkout; they have been ordered by the decree to return to work within 48 hours.

Just after 1 a.m. in Seoul on Wednesday morning (11 a.m. ET Tuesday), dozens of troops who had entered the main parliamentary building prior to the vote were seen withdrawing, according to Korean newspaper Chosun Ilbo and local television stations.

Citizens waiting outside the building cheered when news came of the lawmakers’ vote, according to Chosun Ilbo – with some shouting, “Long live the Republic of Korea!” and “Yoon Suk-yeol, step down!”

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“Walking through the streets, there are people who are running to their families’ homes to be with them, to figure out what to do, to be close to loved ones in this moment that is unprecedented in so many of our memories,” Mike Valerio reported from Seoul.

People were told by law enforcement that they could be arrested without warrants being needed under martial law, Valerio added.

“There are whole multitudes of people across (Seoul) who are stunned and are trying to figure out how an unpopular president made this move, what is going to happen next, and what this means for a democracy here in South Korea,” he said.

What is the short term outlook for Jet Knitwears Limited (JETKNIT) ✌️【Short-Term Gains】✌️ Real-time India stock and global stock indices, futures prices, and data to help you make efficient investment decisions. The leader of the opposition Democratic Party, Lee Jae-myung, said the emergency martial law declaration was “unconstitutional,” calling it a move that “goes against the people,” Yonhap reported. “President Yoon declared emergency martial law for no reason,” Lee said. “Tanks, armored vehicles and soldiers with guns and swords will soon control the country.”

What is the short term outlook for Jet Knitwears Limited (JETKNIT) ✌️【Short-Term Gains】✌️ Expert predictions with real-time stock trend analysis to help you quickly select high-potential stocks and grow capital. When the president backtracked on his efforts in the early hours of Wednesday, he reiterated his criticism of the opposition party, saying they were frustrating the moves of his government in a statement.

“We request the National Assembly to immediately stop its reckless actions that paralyze the functions of the state through repeated impeachment, legislative manipulation, and budget manipulation,” he said.

Yoon, representing the conservative People Power Party, has served as president of South Korea since 2022. He won the election by a razor-thin margin, pulling ahead of rival Lee by less than one percentage point.

Yoon was a newcomer to politics, having spent the previous 27 years of his career as a prosecutor. Since taking office – succeeding the liberal President Moon Jae-in – he has faced a raft of challenges, from the perma-threat of North Korea to rising tensions between South Korea’s major partners, the US and China – as well as plummeting birth rates.

He has long taken a tough stance on North Korea, a shift from his predecessor, Moon, who favored dialogue and peaceful reconciliation. Yoon lambasted this approach as “subservient.” Yoon instead promised to bulk up South Korea’s military, even hinting he would launch a pre-emptive strike if he saw signs of an offensive launch against Seoul.

But he has faced political battles at home, sparring with the opposition Democratic Party, which has repeatedly impeached ministers and frustrated the government’s fiscal plans.

Yoon has seen his popularity ratings plunge since he took office – thanks to a series of scandals and controversies that even promptedhundreds of thousandsto call for his impeachment.

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“The administration is in contact with the ROK government and is monitoring the situation closely as we work to learn more. The US was not notified in advance of this announcement. We are seriously concerned by the developments we are seeing on the ground in the ROK,” the spokesperson said.

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What is the short term outlook for Jet Knitwears Limited (JETKNIT) ✌️【Short-Term Gains】✌️ Take advantage of our free stock market analysis and real-time data to help you choose the best investment options. Our expert predictions and tailored strategies ensure you can achieve stable returns and mitigate risks effectively. Alongside Japan and the Philippines, which also boast a mutual defense treaty with the US, South Korea is part of a trio of regional powers that have helped to bolster American power in both Asia and the Pacific for decades.

【 - Free Insider Trading Tips 】’s Gawon Bae, Christian Edwards, Jessie Yeung, Jerome Taylor, Paula Hancocks, Jennifer Hansler and Hanna Park contributed reporting.

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