Korean TV series: King of Peninsula 1997

Chapter 596 Another General Election

But Li You made a fortune not only from these, but also from oil.

Due to the subprime mortgage crisis and the ongoing wars in Iraq and Afghanistan, international oil prices continued to fluctuate at high levels due to the interaction of multiple factors.

Li You specifically told Li Zicheng to keep a close eye on it.

At the beginning, the crude oil futures price fell slightly by less than 0.4 US dollars, but the oil price hit 98.62 US dollars during the trading day, which was a historical high.

In November, the price of light crude oil futures expected to be delivered in January of next year on the New York Mercantile Exchange once approached the $100 mark.

Originally, this was because of the strong demand for crude oil and the tight supply on the one hand, and the subprime mortgage crisis that led to a sharp depreciation of the US dollar on the other hand. The Iraq War and the Afghanistan War made the geopolitical situation in some oil-producing countries tense. There were also investors like Li Zicheng, who was instructed by Li You, who were speculating and pushing up the price of international crude oil.

Business matters are constantly being advanced, and political matters are also being advanced, both internationally and on the Korean Peninsula.

At the end of November, a team of officials and experts from five other countries concluded their trip to the north and said the decommissioning of nuclear facilities was progressing smoothly.

The relations between the North and the South continued to improve over the past year. When Li You contacted Li Lianchang some time ago, Li You temporarily refused to reach a contract with Li You to launch a satellite for this reason.

After jointly signing the "Declaration on the Development of North-South Relations and Peace and Prosperity", North-South relations continued to warm up, with great progress made in both the nuclear issue and the easing of regional tensions.

As we enter December, the presidential election is getting closer and closer.

Election Day is December 19th.

The original candidates were Chung Dong-young of the Grand Unified Democratic Party, Choi Chang-je of the Grand National Party, Roh Moo-hyun who left the Open Kuomintang, and Joo Mong-joon of the Millennium Democratic Party.

But in the previous two months, part of Daying Ocean's shipbuilding industry was acquired by Tianxia Group. After this happened, Zhu Mengyong became completely honest.

Only then did he put aside his thoughts, asked Zhu Mengzhun to withdraw from the election, and announced his support for the Grand National Party candidate Choi Chang-eol, saying that the two had the same political views.
After giving a lot of reasons, he sent his already few voters to Emperor Cui Chang.

There was no way. Zhu Mengyong could not break his promise, otherwise he would have to face the joint attack of Jin Jianying and Zhu Mengyuan, and then he would have to face Li You who stabbed him in the back because of breaking the promise.

To be honest, Zhu Mengyong already regretted taking action at this time.

At the same time, many entrepreneurs, including him, thought of the reforms that Li Younian had implemented within the Kinmen Group at the beginning of the year.

This change greatly reduced the impact of the subprime mortgage crisis on the Korean Peninsula on the Kinmen Group.

Is this foresight?
December 19th, 6pm.

The fourth floor of a small building 'sponsored' by the Golden Gate Group for the Grand National Party.

Several headlights cast a halo of light in the huge conference hall, and every movement of the second hand on the watch was like hitting the eardrum.

More than a hundred members of Congress are sitting here in a solemn manner.

Even though some of them didn't like Li You, they still came.

Because since the birth of the Grand Unified Democratic Party in June, not only Lee Woo, but also their Grand National Party has become a target.

Emperor Cui Chang himself was also very nervous. Although he believed that he had put a lot of effort into both the policies he announced and the promises he made to the people, he still couldn't avoid being nervous.

When Choi Chang-di adjusted the position of his white tie for the third time so that he could relax and take a breath, Park Jin-sun, who was sitting next to him, sighed, "Candidate Choi, don't be so nervous. Voting will not end until 7pm."

"The verified vote count will not come out until one or two o'clock. There is no use in being anxious."

"I know, I know." Emperor Cui Chang said with a trembling heart, staring intently at the clock on the wall. No one knew what he had experienced.

He was just an ordinary prosecutor at first. When he was handling a car accident dispute case, he was noticed by the driver Chen Huarong and became Shunyang's son-in-law.

He enjoyed the benefits brought by the title of "Shunyang's son-in-law" and was promoted twice in the prosecutorial system. He had been carrying this title for more than ten years, and only then did he find an opportunity to point out the limitations that this title brought him.

Then he became mayor, a member of parliament, and now he is running for president, which took another ten years.

When I first heard the name Li You, he was only thirty-nine years old, but now he is only one step away from fifty.

How many more decades can there be in life?

When the clock on the wall turned to 19:, Emperor Cui Chang clenched the pen in his hand.

"It seems I'm not late," Li You's words pulled him out of his nervousness.

Cui Changdi stood up and shook hands with Li You, "Chairman nim."

Li You also greeted Park Jinshan who was on the other side of Choi Changdi. After the two of them sat down again, Li You saw that Choi Changdi was nervous and took the initiative to hand him a cigar.

Emperor Cui Chang was slightly stunned, and Li You laughed, "Just one cigarette, it won't be a problem."

The air-conditioning vents in the conference room were spraying warm air, which was gradually mixed with the aroma of cigars and reached other people's noses.

Although people felt that smoking cigars in such occasions was not a good idea, no one stood up to say anything.

At first, when Emperor Cui Chang flicked off the cigar ash, it accidentally fell on the trouser leg of his suit, burning a small yellow hole.

After smoking half a cigar, Emperor Cui Chang's tension was finally relieved a lot.

Li You crossed his legs, the tips of his leather shoes swaying rhythmically, and the cigar smoke from his mouth condensed into a coiled gray snake under the ceiling.

"You are too nervous," Li You said softly, pointing this out, and Emperor Cui Changdi's attention was drawn to it.

Cui Changdi forced a smile and subconsciously adjusted the silver-rimmed glasses on his face, "Please forgive me, President Nim, I really did."

"Don't worry," Li You raised his hand and patted his shoulder nonchalantly, "You won't lose."

On the other side, Park Jinshan was holding a Bible that was half the size of his palm in his pocket, also waiting silently.

Although she is not the one running for president, as the leader of the Grand National Party, Choi Changdi's successful election will undoubtedly give her more room to wield her fists and allow her to further accept the political legacy left by her father.

When Li You went out to breathe some fresh air, Park Jinshan followed him.

Li You said calmly, "Why did Party Leader Park follow us?"

Park Jinshan's smile froze a little, and he squinted his eyes and looked at Li You's profile for a while, then smiled naturally again, "I have never liked being surrounded by smoke since I was a child. I can't sit still anymore, so I came here to take a breath. Please forgive me, President Li."

Li You glanced at him calmly, knowing that the old woman wanted his help with something.

Next election?
Li You shook his head silently in his heart and decided to wait until she threw away the Bible in her pocket.

(End of this chapter)