Most Popular
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Contentious grain bill put directly to plenary meeting for vote
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Yoon's approval rating plunges to all-time low
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Will tug-of-war between doctors, government end soon?
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Climate impacts set to cut 2050 global GDP by nearly a fifth
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Trilateral talks acknowledge ‘serious’ slumps of won, yen
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[Graphic News] More Koreans say they plan long-distance trips this year
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[KH Explains] Hyundai's full hybrid edge to pay off amid slow transition to pure EVs
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North Korea removes streetlights along cross-border roads with South
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Russia's denial of entry of S. Korean national unrelated to bilateral ties: Seoul official
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Farming households dip below 1m for first time in 2023
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[Malcolm Fraser] America’s self-inflicted decline
MELBOURNE ― If the broad post-World War II prosperity that has endured for six decades comes to an end, both the United States and Europe will be responsible. With rare exceptions, politics has become a discredited profession throughout the West. Tomorrow is always treated as more important than nex
Sept. 2, 2011
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DPJ must revive itself through generation change
The Democratic Party of Japan-led administration has for the first time a leader with a steadfast political style and well-grounded policies.In the DPJ’s presidential election Monday, Finance Minister Yoshihiko Noda defeated Economy, Trade and Industry Minister Banri Kaieda in a runoff. It was a dra
Sept. 2, 2011
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Jobs’ influence overshadows presidents, terrorists, turmoil
As the tenth anniversary of 9/11 draws near, it may be remarkable to argue that the person who changed the way of life the most in the past decade is neither late al-Qaida chief Osama bin Laden, U.S. President George Bush, who started the so-called “War on Terror” or his successor, Barack Obama, the
Sept. 2, 2011
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[Andrew Sheng] Putting finance to work for the real economy
Finance is a service industry, but in the past three decades it seems to have gone its own way. The functions of the finance sector are to protect property rights for the real sector, improve resource allocation, reduce transaction costs, help manage risks and help discipline borrowers. Financi
Sept. 2, 2011
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[Michael Smerconish] Some political gaffes really say something
During his recent visit to China, U.S. Vice President Biden mistakenly said we own 85 percent of U.S. Treasury securities, while the number is actually 54 percent. But who am I to criticize?Sitting in front of a live microphone can be dangerous. I know because I do it for 20 hours each week for my n
Sept. 1, 2011
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[Robert Reich] Workers need marches, not parades
Labor Day is traditionally a time for picnics and parades. But this year is no picnic for American workers, and a protest march would be more appropriate than a parade.Not only are 25 million unemployed or underemployed, but American companies continue to cut wages and benefits. The median wage is s
Sept. 1, 2011
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Navigating the road map to a post-Gadhafi Libya
WASHINGTON ― As the Libyan rebels continue to mop up resistance inside Tripoli and extend the nominal authority of the Transitional National Council to the rest of Libya, it is important to remember that the establishment of a new Libya will take time and face challenges even greater than those requ
Sept. 1, 2011
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Mexican president correctly hits cartels’ terrorist threat
Mexican President Felipe Calderon issued a long overdue warning to drug cartel leaders last week that their murderous rampage has crossed a threshold and deserves to be labeled what it really is: terrorism. His acknowledgement will help change the mindset about the true nature of this menace and cou
Sept. 1, 2011
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[Frida Ghitis] Someone wants a war in the Middle East
Something extremely important and exceedingly dangerous is unfolding in a most explosive part of the globe, but it is receiving only minimal attention by the media and by world leaders. An outbreak of violence in Southern Israel, Gaza, and along the Egyptian border, triggered by a recent attack agai
Sept. 1, 2011
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[Jeffrey D. Sachs] The new economics of happiness
NEW YORK ― We live in a time of high anxiety. Despite the world’s unprecedented total wealth, there is vast insecurity, unrest, and dissatisfaction. In the United States, a large majority of Americans believe that the country is “on the wrong track.” Pessimism has soared. The same is true in many ot
Sept. 1, 2011
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[J. Bradford DeLong] Ben Bernanke’s dream world
BERKELEY ― U.S. Federal Reserve Board Chairman Ben Bernanke is not regarded as an oracle in the way that his predecessor, Alan Greenspan, was before the financial crisis. But financial markets were glued to the speech he gave in Jackson Hole, Wyoming on Aug. 26. What they heard was a bit of a muddle
Aug. 31, 2011
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[Andrew Hacker and Claudia Dreifus] Harvard’s No. 1 ranking makes us wonder
The U.S. News and World Report “Best Colleges” rankings, which will be published next month, are viewed as a Baedeker and Bible by more than 5 million American parents considering colleges and universities for their high-school juniors and seniors. We think that parents should use this guide with ca
Aug. 31, 2011
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[Dominique Moisi] Who among us will help the poor?
PARIS ― With the deepening of the economic crisis and the prospect of another recession looming large on the horizon, growing social inequality has become an increasingly urgent issue. How does one reinforce a sense of solidarity and responsibility within a country? Who will protect the weakest?&nbs
Aug. 31, 2011
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[Meghan Daum] Politics signals the invasion of the idiocrats
You may not have seen “Idiocracy,” the 2006 sci-fi comedy set in an utterly dysfunctional nation 500 years in the future, but chances are you’ve heard it mentioned lately. References to the film seem to be everywhere, and not just in op-eds penned by cranky columnists (I mentioned it in a column las
Aug. 31, 2011
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[Eve Weinbaum and Rachel Roth] Beyond suffrage: How far have women come since?
Today we celebrate the anniversary of female suffrage, a victory that took more than 70 years of political struggle to achieve. After women won the right to vote in 1920, socialist feminist Crystal Eastman observed that suffrage was an important first step but that what women really wanted was freed
Aug. 31, 2011
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[Hans-Werner Sinn] The trouble with eurobonds
MUNICH ― German Chancellor Angela Merkel has withstood the pressure from southern Europe: there will be no eurobonds. For the markets, this is a disappointment, but there is no other way for these countries to rebuild themselves than to insist patiently on a phase of debt discipline and an end to la
Aug. 30, 2011
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[William Pesek] Steve Jobs trumps CEO of $5 trillion economy
Things are bad when a world leader quitting registers less than a corporate executive. That’s what Naoto Kan gets for bowing out the same week as Steve Jobs. Markets reacted immediately to news of Jobs’s departure from Apple Inc.; there was barely a ripple after Kan cashed out and paved the way for
Aug. 30, 2011
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[Kim Seong-kon] Korean vs. American universities
As someone who has taught at both Korean and American universities, I know there are some interesting differences between the two higher educational institutions. In Korea, for example, most high school students seem to believe that a college degree is imperative in order to climb the ladder of soci
Aug. 30, 2011
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[Daniel Fiedler] Child abuse and the failure of South Korean courts
In November 1991 South Korea ratified the U.N. Convention on the Rights of the Child (CRC). Since that ratification, the South Korean government has enacted a variety of laws to protect children from abuse and exploitation, the centerpiece law being the Child Welfare Act. More recently Korea b
Aug. 30, 2011
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[Albert R. Hunt] Changing Vietnam yearns for closer U.S. embrace
Pham Binh Minh, whose father fought to force the U.S. out of Vietnam, is working fervently to elevate the interest and involvement of his country’s former enemy. Vietnam wants a U.S. presence for economic reasons and as a balance to China, the regional superpower. Minh is the new foreign minister; h
Aug. 30, 2011