South Korea goes to the polls
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 10 April 2024
⏱️ 7 minutes
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Summary
From the BBC World Service: Rising food prices, strikes and paying for an aging population were familiar themes as South Koreans voted today. Then, Spain has become the latest country to scrap so-called “golden visas,” where foreign nationals are granted residency rights in exchange for investments. And later, we hear about the aviation industry’s race against time to produce enough sustainable aviation fuel to meet the industry’s growing demands.
Transcript
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| 0:00.0 | Rising Food Prices Strikes and How to Pay for an Aging Population |
| 0:05.8 | Familiar themes then as South Koreans voted today. |
| 0:08.4 | Live from the BBC World Service, this is the Marketplace Morning Report, |
| 0:11.3 | Will Bain. |
| 0:12.3 | In for Leanna Byrne today, great as always to have your company. |
| 0:15.0 | Yes, South Koreans have been voting for a new parliament, an exit poll |
| 0:18.0 | suggests the opposition Democratic Party may well be in the lead. |
| 0:22.0 | The vote is widely seen as a midterm referendum on |
| 0:24.2 | President Eun-Sukyo's government which has faced a cost of living crisis and a long |
| 0:28.6 | running strike by the country's doctors. The BBC's Gene McKenzie in the capital Soul reports. |
| 0:34.0 | President Eun has had a turbulent time in office so far. |
| 0:38.0 | The opposition party has controlled the parliament throughout his term, |
| 0:41.0 | meaning he's been unable to forge ahead with much of his agenda or tackle an array of urgent issues, |
| 0:46.7 | from rising food prices, a rapidly ageing population and an ongoing doctor's strike. |
| 0:51.9 | If his party does not win a majority, |
| 0:54.0 | Mr. Eun's leadership will be further weakened. He could leave office with little to show for his time |
| 0:59.2 | other than his foreign policy achievements. His major success has been building up relations |
| 1:04.0 | with Tokyo and Washington to counter China and North Korea, but that will have little |
| 1:08.8 | bearing on this election. South Koreans will be voting in line with their |
| 1:11.9 | wallets more than anything. |
| 1:13.3 | The BBC's G. Mackenzie reporting from Seoul. |
| 1:15.8 | Now in the past few minutes a major blow potentially to the international sanctions regime set in place to try |
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