Death penalty politics, Seoul-Tokyo optics and central bank caution — Ep. 115

Описание: In this week’s episode of The Korea Pro Podcast, Jeongmin, John and Joon Ha begin with South Korean prosecutors’ request for the death sentence for former President Yoon Suk Yeol over his Dec. 2024 martial law decree. The hosts assess why, despite the severity of the charge, the likelihood of an actual death penalty ruling remains low and what the case signals about prosecutorial strategy, judicial precedent and political risk management ahead of a February verdict.

The discussion then turns to President Lee Jae Myung’s summit with Japanese Prime Minister Sanae Takaichi. The team examines the substance of their agreement on North Korean denuclearization and supply-chain cooperation at a time of deteriorating Japan-China relations, as well as the unexpectedly warm personal dynamics between the two leaders — a sharp contrast to initial expectations.

Attention next moves to the Bank of Korea’s (BOK) decision to hold interest rates at 2.5% for a fifth consecutive meeting. John explains how won volatility and rising real estate prices in Seoul are constraining the central bank’s policy flexibility, limiting its ability to ease without triggering further capital outflows or asset-price pressures.

The episode also unpacks why BOK Governor Rhee Chang-yong signed an open letter backing Federal Reserve Chair Jerome Powell and the Fed’s independence, and what that signal reveals about global concerns over political pressure on monetary authorities.

The conversation concludes with a look ahead to the coming week, including Italian Prime Minister Giorgia Meloni’s upcoming visit to South Korea — the first by an Italian leader in nearly two decades — and continued uncertainty surrounding the U.S. Supreme Court’s pending ruling on the constitutionality of President Donald Trump’s “reciprocal” tariffs, a decision with direct implications for South Korea and other U.S. trade partners.

About the podcast: The Korea Pro Podcast is a weekly conversation hosted by Korea Risk Group Executive Director Jeongmin Kim, Managing Editor John Lee and correspondent Joon Ha Park, delivering deep, clear analysis of South Korean politics, diplomacy, security, society and technology for professionals who need more than headlines. Uploaded every Friday.

This episode was recorded on Thursday, Jan. 15, 2026.

Audio edited by Gaby Magnuson