South Korea’s Yoon Ends Martial Law After Political Gamble
- President’s political future uncertain after dramatic move
- Won had been battered after Yoon’s martial law declaration
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South Korean President Yoon Suk Yeol said he will rescind his martial law decree, giving in to the parliament’s opposition just hours after his dramatic move imposing it that shook markets and surprised other world leaders.
Yoon said in a televised address early Wednesday that he will “accept the National Assembly’s demand and lift the martial law through a cabinet meeting.” The cabinet has approved nullifying the order, according to Yonhap.