Skip to content
Options Trading Report

Options Trading Report

Primary Menu
  • Home
  • Business
  • Domestic
  • Economy
  • Money
  • Top News
  • Newsletters
  • Home
  • 2024
  • December
  • Exclusive-US defense secretary scraps South Korea trip after martial law attempt

Exclusive-US defense secretary scraps South Korea trip after martial law attempt

Editor December 5, 2024 2 minutes read
2024-12-05T181146Z_1_LYNXNPEKB40T1_RTROPTP_4_USA-AUSTRALIA

By Idrees Ali and Phil Stewart

WASHINGTON (Reuters) -U.S. Defense Secretary Lloyd Austin no longer plans to travel to South Korea, two U.S. officials told Reuters on Thursday, following South Korean President Yoon Suk Yeol’s botched attempt this week to impose martial law.

One official, speaking on condition of anonymity, said planning had been underway for a trip in the near term but it was determined now was not the appropriate time.

The official said South Korea had been consulted regarding the change in travel plans.

Austin will leave office by Jan. 20, when President-elect Donald Trump is inaugurated.

Yoon’s declaration of martial law late on Tuesday sought to consolidate power, ban political activity and censor the media.

It sparked outrage in the streets and concern among South Korea’s international allies.

South Korea’s defense minister, who recommended the move, has resigned.

Fighting for his political future, Yoon accepted the resignation of Defense Minister Kim Yong-hyun on Thursday and nominated his ambassador to Saudi Arabia, Choi Byung-hyuk, as a replacement.

Kim had recommended Yoon declare martial law on Tuesday, according to the interior minister, a senior military official and the opposition’s filing to impeach Yoon.

The United States has 28,500 troops stationed in South Korea as a legacy of the 1950-1953 Korean War.

The commander of U.S. Forces-Korea, General Paul LaCamera, warned American troops in a statement on Wednesday to stay vigilant, avoid areas with protests, and tell superiors of travel plans in case “something unexpected” happens.

(Reporting by Idrees Ali and Phil Stewart; Editing by Lisa Shumaker and Daniel Wallis)

About the Author

Editor

Administrator

Visit Website View All Posts

Post navigation

Previous: Poland gets $4 billion US loan for defence purchases, minister says
Next: Indexes Explode – by Justin Vaughn

Live Market Pulse

The charting technology is provided by TradingView. Learn how to use theTradingView Stock Screener.

Want More Market News?
Add your email address below to get up to date market news and more!
By submitting your email address, you'll receive a free subscription to Options Trading Report newsletter (Privacy Policy). These newsletters are completely free - and always will be. You will also receive occasional offers about products and services available to you from our affiliates. You can unsubscribe at any time.

Search

Recent Posts

  • The UAE Has Left OPEC. The Energy Map Just Changed.
  • FedEx, UPS vow to return tariff refunds to customers
  • Micron Is Up 68% This Year. The HBM Story Is Just Getting Started.
  • Forget ‘fiscal discipline,’ record govt debt is here to stay: McGeever
  • SpaceX Goes Public in Six Weeks. The Valuation Math Is Uncomfortable.

Categories

  • Business
  • Domestic
  • Economy
  • Market News
  • Newsletters
  • Options
  • Reflections
  • Top News

You may have missed

  • Newsletters

The UAE Has Left OPEC. The Energy Map Just Changed.

Editor April 28, 2026
2026-04-28T153520Z_1_LYNXMPEM3R1AQ_RTROPTP_4_FEDEX-UNION-ALPA
  • Business
  • Domestic

FedEx, UPS vow to return tariff refunds to customers

Editor April 28, 2026
  • Newsletters

Micron Is Up 68% This Year. The HBM Story Is Just Getting Started.

Editor April 27, 2026
2026-04-27T130349Z_1_LYNXMPEM3Q0U6_RTROPTP_4_EU-INTEL
  • Economy

Forget ‘fiscal discipline,’ record govt debt is here to stay: McGeever

Editor April 27, 2026
  • Home
  • Terms of Service
  • Privacy Policy
  • Disclaimer
  • Contact Us
Copyright 2026 © All rights reserved | Options Trading Report | optionstradingreport.com SITE_OK