Lee Jae-myung Wins South Korea's Presidency, Promises Economic Revival

The liberal candidate Lee Jae-myung has won South Korea's presidential election with a landslide victory that brings months of political uncertainty to an end. Lee, a former governor and economic reformer, pledged to prioritize national unity and revive the economy amid growing public discontent with inflation and inequality.

Lee employed his victory speech to restate his pledge to be a president for all, regardless of political affiliation. He vowed to take immediate action on job creation, making housing affordable, and assisting small businesses, as well as for judicial reforms and transparency.

The campaign was marked by stark contrasts between Lee and his conservative rival, with the debates centering on economic recovery, security, and corruption. Turnout was exceptionally high, a reflection of the intense public interest in shaping the country's political future.

Lee's win signifies a political shift in South Korea, with expectations of progressive policies and a fresh focus on social equity. He will be inaugurated at a time of both domestic and international challenges, including tensions on the Korean Peninsula and worldwide economic downturn.