South Korean PM Offers Resignation After Ruling Party Suffers Landslide Parliamentary Defeat

• South Korea’s prime minister and top officials offered to resign after ruling party's crushing defeat in parliamentary elections • Hands control of parliament to opposition liberal parties until end of President Yoon's term in 2027 • Likely to set back Yoon’s policy agenda and weaken his grip on ruling party • Highest voter turnout in 30 years at 67% shows public discontent with Yoon's administration • While Yoon stays in power, defeat seen as midterm confidence vote and blow to pushing his vision