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South Korea Faces Political and Economic Turmoil

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Desk

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Zakir Hussain is a civil servant from Gilgit Baltistan. He narrates his tour to South Korea politely in his blog.
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South Korea’s political landscape is turbulent as the nation approaches a presidential impeachment trial on April 4 and the 21st presidential election on June 3. Ipsos reports rising public concern, with 45% worried about unemployment and 44% citing corruption after recent martial law attempts. Economic sentiment has plummeted, with only 8% viewing the economy positively, worsened by U.S. tariff policies under President Trump.

Hwanglye Park, CEO of Ipsos South Korea, highlights domestic political uncertainty and global trade pressures as key drivers. Inflation concerns affect 38% of citizens, reflecting broader economic anxiety. These challenges could influence voter sentiment and policy priorities in the upcoming election, with potential ripple effects on regional stability and South Korea’s role in global markets.

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