Most Popular
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10-man S. Korea lose to Indonesia to miss out on Paris Olympic football qualification
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Hybe-Ador feud should have limited effect on Hybe's overall performance: analysts
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Second Gimpo civil servant found dead, after apologizing for not finishing work
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DP leader says he will meet Yoon without conditions
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First-ever meeting of president, opposition chief set to finally happen
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NewJeans' singles, Japanese debut to proceed as planned, despite Hybe-Ador feud
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Blinken calls on China to press N. Korea to end its 'dangerous' behavior
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Experts raise concerns about Japan putting pressure on Naver over Line
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Samsung mobile chief, Google device head meet in Seoul
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Ship linked to NK arms shipments to Russia is moored in China: State Dept.
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[Robert J. Fouser] Problems with the ‘Pax Americana’ revival
President Yoon Suk-yeol charmed Washington last week on his first state visit to the US. His speech before a joint session of Congress was received warmly and his rendition of “American Pie” was the highlight of a lavish state dinner. He relished the hospitality, much as President Joe Biden did on a visit to Ireland in mid-April. The visit will be remembered, however, as a turning point, not in relations between South Korea and the US but in relations between South Korea and China. P
ViewpointsMay 5, 2023
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[Editorial] Biased evaluation
Korea Gas Corp., a state-owned enterprise that effectively monopolizes the import of liquefied natural gas, is said to have raised the annual salary of its executives by 30 percent on average last year despite its mounting debt. The average annual salary of its board members was 171.48 million won ($128,545) in 2022, according to ALIO, a government system that provides management information on public institutions including state-owned enterprises. The amount was up 30.1 percent from 131.79 mill
EditorialMay 5, 2023
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[Wang Son-taek] The secret to success following the Korea-US summit
President Yoon Suk Yeol returned to Seoul after a state visit to the US. As the visit is of national interest, it is natural to see many assessments and debates on whether the summit was successful. However, there are concerning elements in the discussions. The evaluations are sharply divided according to the political camps, becoming the subject of political struggle and causing the whole country to be cut in two. However, applying such tribalism to the outcome of the President's foreign
ViewpointsMay 4, 2023
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[Noah Feldman] Kids have free speech rights too
The new bipartisan bill to limit kids’ access to social media will no doubt appeal to many parents. The trouble is that, under existing First Amendment doctrine, the proposed law is almost certainly unconstitutional. For the Supreme Court to uphold it would require it to repudiate a 2011 precedent, Brown v. Entertainment Merchants Association, which struck down a California ban on selling or renting violent video games to minors. The proposed legislation, named the Protecting Kids on Soc
ViewpointsMay 4, 2023
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[Editorial] Shuttle diplomacy
Japanese Prime Minister Fumio Kishida is scheduled to pay a two-day visit to South Korea this weekend amid growing attention about whether the Japanese leader will respond in kind to President Yoon Suk Yeol’s friendly gesture. Kishida’s visit to Seoul -- the first bilateral visit by a Japanese leader in 12 years -- was initiated by Yoon’s efforts to improve the badly damaged ties between the two countries in recent years over historical and economic disputes. In March, Yoon fle
EditorialMay 4, 2023
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[Editorial] Leafleting of NK positive
The Supreme Court ruled last week that it was unfair for the Moon Jae-in administration to cancel the permission for the establishment of a group run by North Korean defectors to fly balloons filled with leaflets into North Korea. It reversed the lower courts’ decision which had said the cancellation of the permission was just. The Supreme Court ruled that sending leaflets into North Korea plays a positive role in showing North Koreans the reality of their nation's regime, calling att
EditorialMay 3, 2023
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[Jean Pisani-Ferry] Economic threat of geopolitical primacy
In recent weeks, there has been no shortage of speeches by prominent leaders discussing their countries’ relationships with China and the potential economic fallout of geopolitical fragmentation. This is a welcome, if much-belated, discussion. But it must address a fundamental question: Can rivalry and economic integration coexist and, if so, under which terms? The answer will determine the fate of the global economy. In February 2020, Jennifer Harris and Jake Sullivan published an article
ViewpointsMay 3, 2023
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[Faye Flam] Threat from Pacific garbage patch
The infamous Pacific garbage patch is changing the balance of life in the seas. At least 37 species of coastal creatures -- worms, crabs, shellfish and the like -- have colonized the Texas-sized plastic tangle, turning it into an unnatural floating habitat. The findings, reported in the journal Nature Ecology and Evolution, show life’s tenacity, with a variety of castaway creatures treating our trash as their own Noah’s Ark. But it’s not something to celebrate. It should be a
ViewpointsMay 2, 2023
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[Editorial] Standoff over Nursing Act
A divisive conflict is heating up in the medical sector that could paralyze medical services for the public over the Nursing Act, which was passed Thursday by the opposition-controlled National Assembly. Making matters more complicated is the muddy partisan politics over the controversial bill, with the ruling People Power Party set to ask President Yoon Suk Yeol to veto the bill -- a development that could weaken the president’s political standing from the view of the main opposition Demo
EditorialMay 2, 2023
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[J. Bradford DeLong] Neoliberalism’s final stronghold
The past decade has not been kind to neoliberalism. With 40 years of deregulation, financialization, and globalization having failed to deliver prosperity for anyone but the rich, the United States and other Western liberal democracies have seemingly moved on from the neoliberal experiment and re-embraced industrial policy. But the economic paradigm that underpinned Thatcherism, Reaganomics and the Washington Consensus is alive and well in at least one place: the pages of the Economist. A re
ViewpointsMay 1, 2023
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[Joseph E. Stiglitz] How the US Fed undermined its own credibility
The aftershocks of the collapse of Silicon Valley Bank, while seemingly fading, are still reverberating around the world. Although Federal Reserve officials have taken pains to assure the public that the US banking system is sound, it is unclear why anyone should believe them. After all, Fed Chair Jerome Powell told the US Congress the same thing just days before SVB’s collapse in March. In the weeks since then, it was reported that the vaunted stress tests established by the 2010 Dodd-Fr
ViewpointsMay 1, 2023
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[Editorial] Nuclear alliance
President Yoon Suk Yeol returned home Sunday wrapping up a seven-day state visit to the United States. Yoon and US President Joe Biden discussed ways to strengthen extended deterrence and released the Washington Declaration separately from a joint summit statement. The gist of the declaration is the establishment of a new bilateral nuclear consultative group and the regular deployment of US strategic assets in South Korea. The Washington Declaration is significant in that US capabilities to back
EditorialMay 1, 2023
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[Christopher Cokinos] Root for SpaceX’s Starship rocket
Elon Musk is the most morally dubious rocket pioneer since Wernher von Braun. And the most successful. With each, we can critique faults and celebrate achievements. Von Braun, who supervised the V-2 weapon program for the Third Reich and once calculated the number of slave laborers needed for more efficient production of the system, went on to supervise America’s Saturn V moon rocket. The latter was laudable. The former probably would have led to Von Braun’s arrest by the Allies had
ViewpointsApril 28, 2023
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[Editorial] Lurking beneath fragile data
South Korea’s economy skirted a recession in the first quarter of this year -- by a narrow margin. Exports weakened, investment slowed and the growth outlook darkened amid the increasing uncertainties of the global economy. The economy expanded a mere 0.3 percent in the January-March period, compared with the previous quarter, according to the data of the Bank of Korea. Given that it had contracted by 0.4 percent on-quarter in the October-December period, the plus figure may offer a hopefu
EditorialApril 28, 2023
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[Lee Kyong-hee] Take heed of North Korea’s food insecurity
North Korea is no stranger to chronic food shortages. For the past 17 consecutive years the UN Food and Agriculture Organization has placed the North on its list of countries in need of external assistance. The FAO’s latest quarterly review, “Crop Prospects and Food Situation,” issued last month, says, “A large portion of the population suffers from low levels of food consumption and poor dietary diversity. The food security situation is expected to remain fragile, given
ViewpointsApril 27, 2023
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[Editorial] Crucial occasion
President Yoon Suk Yeol and US President Joe Biden will release a special statement on strengthened extended deterrence to North Korea’s nuclear threat, South Korea's presidential office and the White House announced Tuesday. It will be the first time for South Korea and the US to release a separate statement on extended deterrence as part of a summit outcome. Documentation on a nuclear umbrella in the form of a statement is an extraordinary measure for an ally. In connection with Yoo
EditorialApril 27, 2023
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[Editorial] Tricky support plan
The massive rental fraud case in Incheon has taken a new turn as the government has opposed a proposal calling for direct state intervention, while a special revision bill related to the scam will be put to a vote in the National Assembly this week. At the heart of the dispute is whether the government should extend direct financial support to the victims of home rental scams by offering them security deposits first through taxpayer money and then recoup the deposits later. The proposal was made
EditorialApril 26, 2023
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[Kim Seong-kon] What to expect from the Korea-US summit meeting
This year marks the 70th anniversary of the South Korea-US alliance. To commemorate the invaluable friendship of these two countries, US President Joe Biden will host a state visit of South Korean President Yoon Suk Yeol on Wednesday. As international crises have loomed here and there and disrupted world peace lately, this upcoming summit in Washington is certainly very timely. In the past, when South Korea was underdeveloped and weak, it was almost the sole beneficiary of the Mutual Defense T
ViewpointsApril 26, 2023
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[Scott Moore, Derek Scissors] China may be just running in place
Something about China encourages grandiose predictions. Just a few years ago, the US Intelligence Community forecast China would emerge from the COVID-19 pandemic economically and politically stronger than the United States. Now a popular view in Washington is that China will soon pass its economic and military peak, and the US will confront a declining power willing to take desperate measures, especially in the event of a confrontation over Taiwan. Beijing’s military exercises following T
ViewpointsApril 26, 2023
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[Contribution] From Tesla to Rimac -- a highway to EV mobility
Following its energy transition strategy, the European Union has announced that the production of petrol cars within the EU market will be halted after 2035, as confirmed by the European Parliament last week. Overall adherence to this goal among EU member states has thus far been encouraging. In 2021, 19 percent of all newly registered passenger vehicles in the EU were electric, with more than 1.2 million EV cars sold. In some countries, such as Norway, 75 percent of all newly registered cars we
Foreign AffairsApril 25, 2023