South Korea's Finance Minister Choi Sang-mok becomes acting president after the prime minister's impeachment.

Finance Minister Choi Sang-mok has become South Korea's acting president after Prime Minister Han Duck-soo was impeached. Choi, an experienced economic official, aims to stabilize the country's affairs and reassure financial markets, which have been shaken by the political turmoil. The South Korean won has hit a low not seen since 2009. Choi plans to engage with key stakeholders, including the military and government ministers, and will address the public and convene the National Security Council. His tenure as acting president could last months.

December 27, 2024
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