Chaos in South Korea

South Korea’s president has been in boiling water for a few weeks now, as daily protests increasingly call for her impeachment and her approval ratings have hit an all-time low: 4%.

What’s going on? The main issue is about a presidential advisor, one deemed unscrupulous in various ways and thus unfit to be given access to classified information. But there’s also a political conundrum in that if she is impeached or steps down, as she has now offered, there is no clear replacement and the process would likely be messy. This also comes at a time when South Korea’s economy is dealing with some unusual difficulties for its largest conglomerates, and recent security agreements, notably with the US and Japan, may be casualties of this domestic turmoil as well.

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