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Microcap & Penny Stocks : Rat dog micro-cap picks--now moderated
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To: xcr600 who wrote (373)3/11/2004 11:31:23 PM
From: Bucky Katt   of 1338
 
ALERT-ALERT>>>South Korean President Is Impeached
Violence Breaks Out Among Legislators

TOKYO, March 12 -- President Roh Moo Hyun became South Korea's first leader in history be impeached on Friday, plunging Asia's fourth-largest economy deeper into a roiling political crisis and leaving South Koreans more deeply divided than at any point since the restoration of democracy in 1987.



After a drama in the National Assembly as pro- and anti-Roh legislators came to violent blows before, during and after the vote, Roh's opponents secured 193 votes for impeachment -- just above the 181 needed to pass the measure.

Roh faces automatic suspension from office for up to six months pending a ruling by South Korea's nine-member Constitutional Court, leaving Prime Minister Goh Kun temporarily in charge at a pivotal time. South Korea faces political chaos as the nation is struggling with a fragile economic recovery and totalitarian North Korea has vowed to become a nuclear power.

"There will be major fallout from this for South Korea; impeachment will mean increased economic and political uncertainty," said Hahm Sung Deuk, a leading political analyst at Korea University in Seoul. "This is a time when we need stability, and instead, we have the opposite."
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