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South Korean President Park Geun-hye Impeached amid Corruption Probe


March, 10 2017
watermark Economic news

A South Korean court has unanimously ruled for South Korean president Park Geun-hye’s impeachment following a corruption probe which has led to possibly one of the largest political scandals in the country’s history. The ruling states that the now former president must immediately vacate her luxurious Blue House residence in Seoul and has rendered the former president literally powerless. The impeachment must also immediately be followed by a presidential election within 60 days, and as of the moment, key opposition figures are leading in the country’s polls.


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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.