Conservative candidate Yoon Seok-yeol is South Korea's president-elect after an election that had some parallels to the US presidential election in 2016: A populist candidate new to politics narrowly defeated a liberal ruling party candidate—and both candidates were widely unpopular during a bitter campaign. With more than 99% of the vote counted, Yoon, of the People Power Party, had 48.6% to 47.8% for Democratic Party candidate Lee Jae-myung, making it the closest presidential election in South Korean history, the AP reports. More:
- What this means for North Korea. Yoon has promised a "reset" of relations with China and North Korea and is expected to take a harder line against Pyongyang while strengthening ties with the US. "Peace is meaningless unless it is backed by power," he said during the campaign. Analysts tell ABC that Yoon is likely to demand denuclearization before talks can take place and plans to step up joint military exercises with the US.