South Korea’s Prime Minister Han Duck-soo and senior presidential officials have offered to resign en masse following the recent parliamentary elections. The liberal opposition forces have secured control of the parliament until President Yoon Suk Yeol’s term ends in 2027, a result that is likely to setback Yoon’s domestic agenda and weaken his party’s grip.
The ruling People Power Party, led by Yoon, is projected to have obtained 108 seats in the National Assembly. The final official results are expected later Thursday, with the highest voter turnout since 1992.
In light of the election defeat, the leader of the ruling People Power Party has stepped down and apologized. However, President Yoon is set to remain in power with major foreign policies likely remaining unchanged.
The Democratic Party leader has praised the election results and emphasized the need for unity to resolve economic and public livelihood problems. The incoming parliament is set to begin meeting on May 30 for a four-year term.
This election outcome marks a significant shift in South Korea’s political landscape, with the ruling party facing challenges in implementing their agenda. The resignations of Prime Minister Han Duck-soo and senior presidential advisers show the willingness to take responsibility for the election results and pave the way for a new chapter in South Korean politics. Stay tuned for further updates on Guam News Factor.
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