Agency Of Income
  • World News
  • Stocks
  • Business
  • Politics

Agency Of Income

  • World News
  • Stocks
  • Business
  • Politics
World News

South Korea flips left in presidential race; Lee secures victory after conservative opponent concedes

by admin June 3, 2025
June 3, 2025
South Korea flips left in presidential race; Lee secures victory after conservative opponent concedes
NEWYou can now listen to Fox News articles!

South Korean voters swung left in the presidential race Tuesday, and conservative candidate Kim Moon-soo conceded defeat to liberal opponent Lee Jae-myung in the snap election.

Kim, candidate of the People Power Party (PPP), said at a press conference in the early hours of Wednesday morning he ‘humbly accepts (the) people’s choice.’

The decision came after record early voting turnout prompted speculation Lee would secure the presidency and flip the top seat after the impeachment of predecessor Yoon Suk Yeol, who was booted from office after he declared martial law in December.

The impeachment threw the country into political chaos after Yoon, also a member of the PPP, was removed from office two years early. 

It is unclear by what margin Lee secured the presidency, though reports had suggested for weeks that the liberal candidate was favored to win the top job. 

But Lee’s candidacy also prompted some serious concern when it came to his policy on international relations, particularly Seoul’s relationship with the U.S., China and North Korea.

Kim challenged Lee’s policies in a presidential debate last month after the liberal candidate said he would take a ‘pragmatic’ approach.

‘There’s no need to worry. The South Korea-U.S. alliance is important and should continue to grow and strengthen,’ Lee said, adding Seoul should not be ‘unilaterally bound’ to Washington, especially when it comes to the U.S.’s adversarial rivals.

‘We should not neglect ties with China or Russia,’ he added. ‘We need to manage them appropriately, and there’s no need to have an unnecessarily hostile approach like now.’

This position is a shift from the previous administration, which was hawkish on China and North Korea. 

Lee has said he wants to mitigate the ‘North Korea risk’ by easing relations with Seoul’s northern neighbor.

This post appeared first on FOX NEWS

previous post
Trump and Melania to headline power-player packed Kennedy Center opening night
next post
Nationwide coordinated retail crime crackdown results in hundreds of arrests, authorities say

Related Posts

US appeals court blocks Trump contempt proceedings ordered...

August 8, 2025

Freedom Caucus lawmaker Ralph Norman vows to ‘shake...

July 27, 2025

Rubio announces visa revocations on Brazilian judge for...

July 19, 2025

Meet ‘China’s man in Lima’ who jetted over...

July 12, 2025

Biden-appointed judge thwarts Trump’s attempt to clean house...

June 13, 2025

Xi Jinping’s surprise no-show at BRICS Summit fuels...

July 5, 2025

Israeli official vows ‘We have more surprises coming...

June 14, 2025

Intel rival SkyWater pitches itself as all-American firm...

August 26, 2025

Charlie Kirk credited with helping Trump gain significant...

September 19, 2025

‘Our position is clear:’ Zelenskyy and EU dismiss...

August 17, 2025

    Get free access to all of the retirement secrets and income strategies from our experts!

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest News

    • House committee withdraws James Comey subpoena for Jeffrey Epstein testimony

    • Government limps deeper into shutdown crisis with no deal in sight

    • Trump meets former Hamas hostage Edan Alexander on Oct. 7 anniversary

    • Senate Republicans confirm more than 100 Trump nominees as government shutdown continues

    • Senate stalls on shutdown vote amid warning furloughed workers may lose pay

    • Paramount acquires Bari Weiss’ The Free Press, naming her the top editor of CBS News

    Categories

    • Business (164)
    • Politics (20)
    • Stocks (112)
    • World News (606)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: AgencyOfIncome.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 agencyofincome.com | All Rights Reserved