NationalAssembly

South Korea's Opposition Strives to Push Through Budget Amid Political Tensions

13 days ago

In a bold move, South Korea's opposition party is gearing up to force the passage of a significant budget plan, leveraging its majority in the National Assembly. This move comes in the wake of persistent deadlock between rival factions and is seen as a strategic play to regain political momentum amidst rising tensions in the South Korean political landscape.

Political Unrest in South Korea: Yoon Suk-yeol's Impeachment Challenge Marks New Turmoil

15 days ago

In a dramatic turn of events, South Korean President Yoon Suk-yeol has narrowly escaped an impeachment vote orchestrated by opposition factions within the National Assembly. This pivotal development has sparked concerns over escalating political turmoil and raised questions about the stability of his administration amid economic struggles and a polarized political landscape.

South Korea's Budget Battle: A Crucial Test for President Yoon Ahead of Trump's Resurgence

21 days ago

In a significant political development, South Korean President Yoon Suk-yeol is facing mounting pressure as the nation navigates a contentious budget debate. The conflict occurs in the shadow of Donald Trump's anticipated return to global politics as he gears up for a potential reelection campaign in 2024. This situation complicates Yoon's efforts to restore confidence in the South Korean economy, which has been challenged by inflation, a rising interest rate environment, and a fluctuating job market.

French Budget Faces Uncertainty as Parliament Rejects Key Bill

1 month ago

The once-promising path for the French government’s budget took a sharp turn as the National Assembly voted against a pivotal financial bill. This significant decision transpired on Monday, pushing the proposed budgetary measures into further scrutiny as the Senate prepares to take the next steps.