Most Popular
-
1
Samsung under pressure after Intel's foundry spin-off: analysts
-
2
Yoon leaves for Prague to cement nuclear energy push
-
3
Heavy rain to fall nationwide over weekend, but warmer fall expected
-
4
Seoul chastises predatory pricing claims over Czech nuclear export deal
-
5
YouTuber under fire for consoling former singer accused of bullying
-
6
NK newspaper 'unusually' silent on new missile tests: Seoul
-
7
Samsung CEO introduces ‘bold growth’ as new target
-
8
Bank of Korea eyes rate cut after US Fed's historic pivot
-
9
3 suspects apprehended for selling celebrity deepfake porn: police
-
10
Hyundai Motor officially becomes KT’s largest shareholder
-
KORUS FTA ― The time has come
There is an old adage that “good things come to those who wait, better things come to those who are patient.” The Korean people, businesses and government have been very patient since the KORUS FTA was first completed in 2007. Now that it has been ratified by the U.S. Congress and signed by President Obama, it is now up to the National Assembly to approve the KORUS FTA in order to reap the many benefits for Korean businesses, workers and consumers. The KORUS FTA is the largest FTA for the United
Oct. 24, 2011
-
U.S. needs to maintain robust foreign aid budget
The death of Moammar Gadhafi on Thursday was a victory for the Libyan people, for the NATO coalition, for U.S. forces and for President Barack Obama’s foreign policy vision of “leading from behind.” Criticism of the effort to oust the Libyan dictator ― that it was unfocused and too slow ― looks silly in retrospect. Even Sen. John McCain, no fan of the president, said the administration “deserves credit” for the outcome.And yet the wild swings in the Libya campaign are a reminder that events in t
Oct. 24, 2011
-
[Mohamed A. El-Erian] The growing stall speed risk for the U.S. economy
NEWPORT BEACH ― Judging from the skittishness of both markets and “consensus expectations,” the United States’ economic prospects are confusing. One day, the country is on the brink of a double-dip recession; the next, it is on the verge of a turbo-charged recovery, powered by resilient consumers and U.S. multinationals starting to deploy, at long last, their massive cash reserves. In the process, markets take investors on a wild rollercoaster ride, with the European crisis (riddled with even mo
Oct. 24, 2011
-
No more Gadhafi, plenty of worries for Libya
Libyans are rejoicing at the death of their former dictator Muammar Gadhafi, but the party can’t last long. The hard business of creating a modern state lies ahead. As a first step, the ruling National Transitional Council needs to quickly form an interim government that will include representatives
Oct. 23, 2011
-
[Robert B. Reich] Rise of the regressive right in U.S.
A fundamental war has been waged in this nation since its founding, between progressive forces pushing us forward and regressive forces pulling us backward.We are going to battle once again.Progressives believe in openness, equal opportunity and tolerance. Progressives assume we’re all in it togethe
Oct. 23, 2011
-
Best response to Iran is removing MeK from terror list
The foiled plot by agents of the Iranian regime to assassinate the Saudi ambassador to the United States has officials in the Obama Administration furiously scratching their heads for an “appropriate” response.All too often with Iranian provocations, U.S. policy options swing ineffectually between the uncreative (economic sanctions) to the unrealistic (military strikes). One option sure to get the attention of the ruling mullahs in Tehran ― and that could help set the stage for a future democrat
Oct. 23, 2011
-
Next Arab domino may be oil darling Algeria
The death of Muammar Gadhafi is a cause for joy in Libya, and for concern. Some worry that the ruling National Transitional Council will force its way to permanent power; others that Islamist elements will seek to put the country under Shariah law; and there is also the danger of the nation splitting into three parts. But there is another tremendous threat to Libya’s progress waiting quietly next door. Algeria’s military junta is terrified that a rebellious spirit may finally cross its borders.
Oct. 23, 2011
-
[Joel Brinkley] France teeters on financial brink
David Appia, a senior French official, was visiting American technology companies a few days ago, trying to convince business executives to open offices in France.Right now, it’s an extremely hard sell.Appia, head of the Invest in France Agency, is a friendly, dapper diplomat. And with a smooth, confident tone he told them: “The EU is still the biggest market in the world.” What’s more, France offers 35 percent to 40 percent tax credits for research and development expenses ― the richest such re
Oct. 23, 2011
-
Sluggish America can still be a world leader
A new survey shows that a majority of Europeans want the United States to continue exerting “strong leadership in world affairs.”One wonders why Europe holds so much faith in America right now when Americans, trapped in a deep national malaise, have so little faith in themselves.The survey, by the G
Oct. 21, 2011
-
[David Ignatius] What Libya now needs most
WASHINGTON ― Down in the basement, I still have a copy of Moammar Gadhafi’s bizarre political manifesto, “The Green Book,” which I picked up during a trip to Libya in the early 1980s. It’s a reminder of what an oddball dictator Gadhafi was ― and of how he nevertheless managed to defy and bedevil the
Oct. 21, 2011
-
Maehara’s words do ties with South Korea no good
Why would Seiji Maehara, chairman of the Democratic Party of Japan’s Policy Research Committee, raised the idea of establishing a new fund for South Koreans who acted as so-called comfort women during wartime? We cannot help but question his recent remarks on this matter.Maehara this month met with
Oct. 21, 2011
-
Tax reform could lead shift away from inequality
In online bidding held by the Taipei City Government for “lucky” license plate numbers, a businessman spent NT$3.589 million to pick up “8888-88.” During an anniversary sale in Taipei 101 Mall, nine shoppers each spent more than NT$10 million, and another spent NT$50 million, at a single store. With
Oct. 21, 2011
-
[Eric X. Li] ‘Bad emperor’ problems: One-party rule not rigid
SHANGHAI ― Change is in the air. By revolutions, elections and other methods, governments are changing hands across a wide swath of the world. Two most notable peaceful successions are occurring in none other than the most important pair of countries in the world, the United States and China. In the
Oct. 21, 2011
-
As Kaldor’s facts fall, ‘Occupy Wall Street’ rises
In Economics 101, students learn that the share of national income received by labor stays roughly constant with the share received by capital. This is the first of “Kaldor’s stylized facts,” articulated half a century ago by the Cambridge economist Nicholas Kaldor. Recent experience betrays this le
Oct. 20, 2011
-
[David Ignatius] Unlikely fish in the trawlers’ net
WASHINGTON ― So now maybe every Quds Force operative or al-Qaida sleeper agent will have to worry that when he discusses a plot, he may unwittingly be talking to an undercover informant from the DEA or the FBI. And that paranoia is certainly all to the good. But I have a nagging concern about t
Oct. 20, 2011
-
France’s Socialists getting realistic on Europe crisis
In a vote that may have serious consequences for Europe’s economic crisis, the French Socialist Party showed laudable level-headedness this week in selecting the moderate Francois Hollande as its presidential candidate for next year’s election. Hollande ran on a platform that was largely free of the
Oct. 20, 2011
-
Romney’s fuzziness may weigh on general election
There is a possible scenario under which Mitt Romney could lose the Republican presidential nomination. Rick Perry, Herman Cain or Michele Bachmann galvanize social-issue conservatives and might win the Iowa caucuses in early January. A week later, the often contrarian and independent-minded primary
Oct. 20, 2011
-
[Brahma Chellaney] China emerges as water hegemon
NEW DELHI ― International discussion about China’s rise has focused on its increasing trade muscle, growing maritime ambitions, and expanding capacity to project military power. One critical issue, however, usually escapes attention: China’s rise as a hydro-hegemon with no modern historical parallel
Oct. 20, 2011
-
Wall Street’s 1% meets 2 billion seeking answers
It’s all about location, location, location, as they say in real estate. Protests, too. There were more obvious places for Tokyo’s Occupy Wall Street protest to converge on Saturday than the nightlife district of Roppongi. It could have begun in Nihonbashi, home to the Tokyo Stock Exchange; Nagatach
Oct. 19, 2011
-
[Robert Reich] Ripples from Europe’s debt crisis
It’s impossible to know whether Occupy Wall Street will coalesce into a political movement, but there’s little question Wall Street is still up to its old tricks.Right now the Street is dedicating all its lobbying power to water down regulations designed to implement financial-reform legislation. It
Oct. 19, 2011