Park's Approval Rating Falls to New Low

President Park Geun-hye's approval rating has fallen to a fresh low. In a Gallup survey of 1,000 adults this week, just 40 percent approved of the president's performance while 48 percent disapproved.

Park's ratings have been on a steady decline over the last three weeks, largely over two failed attempts to nominate a new prime minister.

Negative sentiment toward the president comes at a particularly bad time for the ruling party, which is hoping for a strong showing in by-elections on July 30, where at least 15 parliamentary seats will be up for grabs.