Lee Jae-myung

Lee Jae Myung Unveils Massive Budget to Curb Economic Slowdown

21 Jun 2025

South Korean President Lee Jae Myung has announced a 30.5 trillion won (USD 22.1 billion) supplementary budget aimed at reviving the country's struggling economy, according to the Korea Herald. Revenue Cut and Emergency Spending For the first time in five years, the government has revised its revenue forecast downward by...

Seoul’s LGBTQ+ Community Holds Annual Festival After Liberal Leader Elected

14 Jun 2025

The 26th Seoul Queer Culture Festival unfolded in the South Korean capital on Saturday with vibrant participation, boosted by the recent election of liberal President Lee Jae-myung. However, the event also faced stiff protests from conservative religious groups opposing LGBTQ+ rights. Festival chief organiser Hwang Chae-yoo said the event's slogan,...

Trump And South Korea’s New President Lee Vow Quick Tariff Deal, Strengthen Alliance In First Call

06 Jun 2025

In their initial phone call as official since the inauguration of South Korea's new president Lee Jae-myung, US President Donald Trump and Lee concurred on seeking a quick and mutually agreeable tariff deal, as stated in a statement published by Lee's office on Friday. The two leaders also exchanged personal...

South Korean President Lee Jae-myung Vows to Restore Democracy After ‘Near Demise’

04 Jun 2025

South Korean President Lee Jae-myung has promised to reinvigorate the country's economy and democracy following years of political instability. His liberal presidency is a drastic change after the former President Yoon Suk Yeol was removed from power for his martial law attempt, precipitating a nationwide outcry and forcing him out...

Lee Jae-myung’s Incredible Climb: From Rural Poverty to Presidency

04 Jun 2025

South Korea voted for a new president. Lee Jae-myung from the Democratic Party won the election. His rival, Kim Moon-soo from the conservative People Power Party, accepted defeat. This election followed the impeachment of President Yoon Suk Yeol, who tried to impose martial law. That decision caused major unrest and...

Why Lee Jae-myung’s Presidency Begins in Crisis Mode | TDG Explainer

04 Jun 2025

Lee Jae-myung won the South Korean presidential election with nearly 50% of the vote. Unlike usual, he did not get a two-month transition. He took office immediately to replace former President Yoon Suk Yeol, who was impeached last December. Yoon had tried to declare martial law, which failed. South Koreans...

Lee Jae-Myung’s Rise: Promising Economic Bounce Back And Martial Law Reckoning In South Korea

04 Jun 2025

South Korea began a new political era on Wednesday as liberal candidate Lee Jae-myung was formally appointed the nation's next president, after a commanding victory in Tuesday's high-stakes snap election. His election comes after the shocking fall of previous president Yoon Suk Yeol, whose ill-fated bid to declare martial law...

Stabbing, Scandal, And Comeback: The Untold Story Behind South Korea’s New Leader

04 Jun 2025

Liberal politician Lee Jae-myung of the Democratic Party won South Korea's presidential election, a dramatic shift in the nation's politics. The pre-emptive election came after conservative President Yoon Suk-yeol briefly declared martial law, which was met with nationwide protests and political unrest. Lee won 51.7% of the votes, edging out...

South Korea Vote for President, Seek Stability After Martial Law Crisis

03 Jun 2025

South Korea conducted a high-stakes presidential election on Tuesday to put behind the shock of former President Yoon Suk Yeol's short-lived declaration of martial law. His move, announced on December 3, created a six-month political crisis, resulting in his impeachment and ouster on April 4. Citizens now wish to bring...

South Korea to Hold Snap Presidential Election on June 3 After Yoon’s Removal

01 Jun 2025

South Korea will conduct an early presidential election on June 3, 2025, following the impeachment and ousting of President Yoon Suk Yeol. The election is been done two years earlier than planned, after Yoon Suk Yeol's unpopular move to declare martial law in December 2024. The move caused public wrath,...

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