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Impeachment Of Park Geun-hye
The impeachment of Park Geun-hye, President of South Korea, was the culmination of a political scandal involving interventions to the presidency from her aide, Choi Soon-sil. The impeachment vote took place on 9 December 2016, with 234 members of the 300-member National Assembly voting in favour of the impeachment and temporary suspension of Park Geun-hye's presidential powers and duties. This exceeded the required two-thirds threshold in the National Assembly and, although the vote was by secret ballot, the results indicated that more than half of the 128 lawmakers in Park's party Saenuri had supported her impeachment. Thus, Hwang Kyo-ahn, then Prime Minister of South Korea, became Acting President while the Constitutional Court of Korea was due to determine whether to accept the impeachment. The court upheld the impeachment in a unanimous 8–0 decision on 10 March 2017, removing Park from office. The regularly scheduled presidential election was advanced to 9 May 2017, and ...
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Park Geun-hye
Park Geun-hye (; ; often in English ; born 2 February 1952) is a South Korean politician who served as the 11th president of South Korea from 2013 to 2017, until she was impeached and convicted on related corruption charges. Park was the first woman to be elected president of South Korea, and also the first female president popularly elected as head of state in East Asia. She was also the first South Korean president to be born after the founding of South Korea. Her father, Park Chung-hee, was president from 1963 to 1979, serving five consecutive terms after he seized power in 1961. Before her presidency, Park was leader of the conservative Grand National Party (GNP) from 2004 to 2006 and leader of the Liberty Korea Party from 2011 to 2012. She was also a member of the National Assembly, serving four consecutive parliamentary terms between 1998 and 2012. Park started her fifth term as a representative elected via national list in June 2012. In 2013 and 2014, Park ranke ...
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Saenuri
The Liberty Korea Party () was a conservative Conservatism is a cultural, social, and political philosophy that seeks to promote and to preserve traditional institutions, practices, and values. The central tenets of conservatism may vary in relation to the culture and civilization i ... List of political parties in South Korea, political party in South Korea that was described variously as right-wing, Right-wing populism, right-wing populist, or far-right. Until February 2017, it was known as the Saenuri Party (), and before that as the Hannara Party () from 1997 to 2012, both of which are still colloquially used to refer to the party. The party formerly held a Plurality (voting), plurality of seats in the 20th National Assembly of South Korea, Assembly before its ruling status was transferred to the Democratic Party of Korea on 27 December 2016, following the creation of the splinter Bareun Party by former Saenuri members who distanced themselves from President Park ...
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Lotte (conglomerate)
Lotte Corporation (or Lotte Group) is a South Korean multinational conglomerate corporation, and the fifth-largest chaebol in South Korea. Lotte began its history on June 28, 1948, by Korean businessman Shin Kyuk-ho in Tokyo. Shin expanded Lotte to his ancestral country, South Korea, with the establishment of Lotte Confectionery in Seoul on April 3, 1967. Lotte Corporation consists of over 90 business units employing 60,000 people engaged in such diverse industries as candy manufacturing, beverages, hotels, fast food, retail, financial services, industrial chemicals, electronics, IT, construction, publishing, and entertainment. Lotte runs additional businesses in China, Thailand, Malaysia, Indonesia, Vietnam, Cambodia, Uzbekistan, India, United States, United Kingdom, Kazakhstan, Russia, Philippines, Myanmar, Pakistan, Poland (Lotte bought Poland's largest candy company Wedel from Kraft Foods in June 2010), Australia and New Zealand (Lotte successfully bought 4 duty free ...
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SK Group
SK Group (Korean: SK그룹, 에스케이그룹) is the second largest South Korean chaebol behind Samsung Group. SK Group is composed of 186 subsidiaries and affiliates that share the SK brand name and the group's management culture, named SKMS (SK Management System). It changed its name from Sunkyong Group (Korean: 선경그룹, Hanja : 鮮京그룹) to SK Group in 1998. The group is controlled by estate of Chey Tae-won through a holding company SK Inc. The cornerstone of SK Group is its energy and chemicals division. While its largest businesses are primarily involved in the energy, petroleum, and chemical industries, the group also owns the nation's largest wireless mobile phone service provider SK Telecom, and provides services in construction, marketing, local telephone, high-speed Internet, and wireless broadband (WiBro), and also the owner of SK Hynix, the world's fourth largest chipmaker. History Formation and early production As with many other chaebols, SK Group's ch ...
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Hyundai Group
Hyundai Group (; ) is a South Korean conglomerate founded by Chung Ju-yung. The first company in the group was founded in 1947 as a construction company. With government assistance, Chung and his family members rapidly expanded into various industries, eventually becoming South Korea's second chaebol. Chung Ju-yung was directly in control of the company until his death in 2001. The company spun off many of its better known businesses after the 1997 Asian financial crisis and founder Chung Ju-yung's death, including Hyundai Motor Group, Hyundai Department Store Group, and Hyundai Heavy Industries Group. The Hyundai Group now focuses on elevators and tourism to Mount Kumgang. Etymology The name "Hyundai" comes from the Korean word (hanja form), which means "modernity". History * In 1947, Hyundai Togun (Hyundai Engineering and Construction), the initial company of the Hyundai Group, was established by Chung Ju-yung. Hyundai Construction began operating outside of South K ...
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Samsung
The Samsung Group (or simply Samsung) ( ko, 삼성 ) is a South Korean multinational manufacturing conglomerate headquartered in Samsung Town, Seoul, South Korea. It comprises numerous affiliated businesses, most of them united under the ''Samsung'' brand, and is the largest South Korean (business conglomerate). Samsung has the eighth highest global brand value. Samsung was founded by Lee Byung-chul in 1938 as a trading company. Over the next three decades, the group diversified into areas including food processing, textiles, insurance, securities, and retail. Samsung entered the electronics industry in the late 1960s and the construction and shipbuilding industries in the mid-1970s; these areas would drive its subsequent growth. Following Lee's death in 1987, Samsung was separated into five business groups – Samsung Group, Shinsegae Group, CJ Group and Hansol Group, and JoongAng Group. Notable Samsung industrial affiliates include Samsung Electronics (the wor ...
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Chaebol
A chaebol (, ; ) is a large industrial South Korean conglomerate run and controlled by an individual or family. A chaebol often consists of multiple diversified affiliates, controlled by a person or group whose power over the group often exceeds legal authority. Several dozen large South Korean family-controlled corporate groups fall under this definition. The term first appeared in English text in 1972. Chaebols have also played a significant role in South Korean politics. In 1988, a member of a chaebol family, Chung Mong-joon, president of Hyundai Heavy Industries, successfully ran for the National Assembly of South Korea. Other business leaders were also chosen to be members of the National Assembly through proportional representation. Hyundai has made efforts in the thawing of North Korean relations, despite some controversy. Many South Korean family-run chaebols have been criticized for low dividend payouts and other governance practices that favor controlling shareho ...
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Mass Protest In Cheonggye Plaza 02
Mass is an intrinsic property of a body. It was traditionally believed to be related to the quantity of matter in a physical body, until the discovery of the atom and particle physics. It was found that different atoms and different elementary particles, theoretically with the same amount of matter, have nonetheless different masses. Mass in modern physics has multiple definitions which are conceptually distinct, but physically equivalent. Mass can be experimentally defined as a measure of the body's inertia, meaning the resistance to acceleration (change of velocity) when a net force is applied. The object's mass also determines the strength of its gravitational attraction to other bodies. The SI base unit of mass is the kilogram (kg). In physics, mass is not the same as weight, even though mass is often determined by measuring the object's weight using a spring scale, rather than balance scale comparing it directly with known masses. An object on the Moon would weigh less t ...
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Reuters
Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by the German-born Paul Reuter. It was acquired by the Thomson Corporation of Canada in 2008 and now makes up the media division of Thomson Reuters. History 19th century Paul Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions in 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aachen's Reuters House. Reuter moved to London in 1851 and established a news wire agency at the London Royal Exchange. Headquartered in London, Reuter' ...
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Roh Moo-hyun
Roh Moo-hyun (; ; 1 September 1946 – 23 May 2009) was a South Korean politician and lawyer who served as the ninth president of South Korea between 2003 and 2008. Roh's pre-presidential political career was focused on human rights advocacy for student activists in South Korea. His electoral career later expanded to a focus on overcoming regionalism in South Korean politics, culminating in his election to the presidency. He achieved a large following among younger internet users, which aided his success in the presidential election. Roh's election was notable for the arrival in power of a new generation of Korean politicians, the so-called 386 Generation (people in their thirties, when the term was coined, who had attended university in the 1980s and who were born in the 1960s). This generation had been veterans of student protests against authoritarian rule and advocated a conciliatory approach towards North Korea, even at the expense of good relations with the United States. ...
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Ministry Of Government Legislation
The Ministry of Government Legislation () is a ministry under the Prime Minister of South Korea. The headquarters are in Sejong. History In the early era of the Joseon Dynasty (1392-1910), the Geum-sang-jo-rye-sa under Eui-jeong-bu was in charge of government legislative affairs. Before the decree of the king was presented to the Eui-jeong-bu, the decree had to go under close examination by the Geom-sang-jo-rye-sa. This system ensured that there wouldn't be any inconsistencies or conflicts during the execution of administrative affairs. On August 15, 1948, with the establishment of the Korean Government, MOLEG took over the Law Drafting Bureau, The Legal Research Bureau and the Secretariat library of the Korean interim government’s judicial branch, which was the provisional administrative office. And it set up a library and 1 agency, 3 divisions and ten departments, in jurisdiction of the Prime Minister’s Office. On November 29, 1954, as the Prime Minister System was abolis ...
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Constitution Of South Korea
The Constitution of the Republic of Korea () is the supreme law of South Korea. It was promulgated on July 17, 1948, and last revised on October 29, 1987. Background The Provisional Charter of Korea The preamble of the Constitution of South Korea states that the document was established in the spirit of "upholding the cause of the Provisional Republic of Korea Government", the Korean government exiled after the imposition of Japanese colonial rule of Korea. As such, the founding document of the provisional government—The Provisional Charter of Korea—serves as the basis for the current constitution. Promulgated in 1919, the charter first gave the country the "Republic of Korea" name and laid out the ideas forming the backbone of later South Korean constitutions. These ten articles are: # The Republic of Korea is a democratic republic country. # The Republic of Korea should be governed by the provisional people of the provisional government. # All citizens of the Republi ...
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