Emergency martial law has been declared in Seoul, South Korea, in response to a severe public order crisis. The move, unprecedented in recent times, has sparked panic in financial markets and among citizens who are struggling to comprehend the implications of such a drastic measure by the government.
Police officers are standing guard in front of the gate to the National Assembly where martial law was declared in Seoul, South Korea , on December 3. South Korea 's Constitution and the Martial Law Act allow for the declaration of emergency martial law during wartime, a major national emergency, or when public order is severely disrupted. Many residents, including a 30-year-old named Bae, expressed disbelief at this unprecedented event.
The declaration has caused panic in the financial markets, with Korean stocks and the Korean won plummeting and cryptocurrencies like Bitcoin also experiencing significant drops. Citizens are grappling with uncertainty about their daily routines and are voicing concerns about the future. The government's lack of clarity is exacerbating public anxiety. Emergency martial law grants the military extensive powers to maintain public order and can include restrictions on civil liberties such as freedom of assembly and the press, as well as the deployment of military personnel to manage civil unrest
Martial Law South Korea Public Order Financial Markets Emergency Powers
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