Most Popular
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Hyundai Motor eyes 80,000 jobs, W68tr investment at home by 2026
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Doctors' group picks new leader amid tense standoff over increased enrollment quota
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Seoul bus drivers go on general strike, cause morning rush hour delays
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Official campaigning kicks off for April 10 elections
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Dialogue hopes fade as doctors pick hard-liner as new head
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Coupang pledges W3tr to expand Rocket Delivery nationwide by 2027
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[Election Battlefield] Political novice to face off star politician in ‘swing district’
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[Kim Seong-kon] The April 2024 election will decide our future
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Seoul’s bus union prepares for strike
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[Hello India] Corporate Korea sees new growth drivers in India
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[Dr. Noeleen Heyzer] Ending poverty in Asia-Pacific’s LDCs
For the people of Asia’s least developed countries ― the 14 poorest Asian countries and Pacific small island states ― the past decade was marked by multiple global economic crises and setbacks that prevented governments in each of the countries from succeeding in bringing their people out of extreme poverty. Despite some progress since 2001, the international development agenda for these neediest
May 13, 2011
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Pakistan and the U.S. need to work together
The language was a bit murky at first but inevitably the true nature of Pakistan-U.S. relations began to unravel. Immediately after the reported death of Bin Laden, Pakistan President Asif Ali Zardari would only speak in general terms about military and intelligence cooperation between the two countries, and would not go into specifics about the operation ― specifics that Islamabad didn’t have in
May 13, 2011
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Legal assistance for disaster victims
“I can’t repay loans for my house and fishing boat, which were swept away by the tsunami.”“I was fired by my company immediately after the disaster.”Day after day, these and other complaints are heard during legal consultations for people in areas devastated by the March 11 earthquake and tsunami.Local lawyers associations have generously given counsel at evacuation centers and elsewhere. So have
May 13, 2011
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Pakistan’s proxy war against India
The involvement of Pakistan’s Inter-Services Intelligence Directorate in the 26/11 terror attack on Mumbai will be publicly aired in Chicago on May 16 when the trial of Hussain Rana of Pakistani origin, owner of an immigration consulting firm, begins. Six Americans were among 166 people killed in the Mumbai attacks. Though the 33-page charge-sheet does not mention ISI, it names Major Iqbal of the
May 13, 2011
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[Maria A. Ressa] Spreading jihadi virus in Southeast Asia
Osama bin Laden’s death is a moral victory, but it may turn out to be nothing more than that.Over the past decade, he has been isolated and the capabilities of his al-Qaida degraded, but the group has evolved into a social movement that continues to attract new groups and new recruits.Studies on social networks of al-Qaida and its Southeast Asian arm, Jemaah Islamiyah (JI), show that both organiza
May 13, 2011
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A dead Osama ― and what matters to whom
The security relationship between the United States and Pakistan is at risk of breaking down over the Osama bin Laden case. The U.S. would be disadvantaged in its Afghanistan withdrawal timetable and federal budget pruning if a rupture happened. Pakistan could as penance be made to take a cut in the $3 billion annual military aid it receives, but it will probably manage. Just how bad the relations
May 12, 2011
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Spending on luxury brands soaring in China
Our country has become a shining beacon of hope for luxury brands as Chinese consumers are driving the growth in many luxury sectors.As the luster of luxury fades in Japan, luxury brands are expanding their presence and retail locations in China.McKinsey & Co. estimates that the country’s luxury spending will more than double by 2015. If so, we will surpass Japan to become the world’s largest mark
May 12, 2011
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[David Ignatius] Bin Laden plot thickens in Pakistan
WASHINGTON ― The Pakistani town of Abbottabad seems to have been the perfect place to “hide in plain sight.” Not only did officers at the Pakistani military academy there apparently miss spotting Osama bin Laden. So did a team of U.S. Special Forces trainers that, according to Pakistani officials, was based there from September to December 2008. The “Where’s Waldo?” aspect of the hunt for bin Lade
May 12, 2011
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Make drug use pay its own way
In a far-off land called I’m Right, You’re Wrong, a fierce drug-legalization debate is raging. Half the people, libertarians, say drug use should be legal. The other half, moral purists, insist it shouldn’t.They disagree even on what to call it when those who buy or sell drugs are led off to jail. The libertarians call this a form of taxation ― specifically, a tax on the time of the buyer and sell
May 12, 2011
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[Zuraidah Ibrahim] A handful of issues for Singapore’s ruling party
The People’s Action Party’s (PAP) standard line that it starts preparing for the next general election the day after the last one ends has probably never been truer. Traditionally, a committee is formed to study voting patterns. This year, it will have its hands full divining why various precincts cast their ballots the way they did.On the one hand, there is bound to be a secular decline in suppor
May 12, 2011
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[William K. Black] Why CEOs avoided getting busted in meltdown
The defining characteristic of crony capitalism is the ability of favored elites to loot with impunity and the failure of regulators to do their jobs.We have seen this in the financial crisis that started in 2008 and in an earlier era, when the savings-and-loan industry collapsed.In the Texas “Rent-a-Bank” scandal of the 1970s, for example, two ringleaders created a fraud network of 50 lenders tha
May 12, 2011
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[Joel Brinkley] Bin Laden’s death a Rorschach test
The killing of Osama bin Laden is producing an unexpected outcome. His death is proving to be a Rorschach test for the entire world. Everyone who looks at it sees something different, sometimes betraying hidden motivations.Egypt’s Muslim Brotherhood, for example, has struggled since President Hosni Mubarak’s downfall to present a moderate image, while the group’s older leaders labor to mask the an
May 12, 2011
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[Pervez Hoodbhoy] Pakistan in the balance
The killing of Osama bin Laden could be a transformational moment for Pakistan and its military. The country has an opportunity now to decide whether it wants to decisively confront Islamist violence or face the consequences of the military’s current policy of giving support to jihadis with one hand even as it slaps them with the other. If Pakistan chooses this second path, it will be increasingly
May 11, 2011
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[Shahid Javed Burki] Bin Laden and the Afghan endgame
ISLAMABAD ― Osama bin Laden’s death will profoundly affect Pakistan’s relations with America. The death of al-Qaida’s leader deep in Pakistan, in a city with a heavy military presence, appears to confirm what many have long alleged: Pakistan, not Afghanistan, has become the epicenter of international terrorism.How will bin Laden’s death affect terrorist groups operating not only in Pakistan, but a
May 11, 2011
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[Ruben Martinez] Mexico’s drug war crossing the border
Last year I visited a friend of mine, journalist Raul Silva, in a working-class neighborhood of Cuernavaca. A popular destination for tourists and students of Spanish, the city, about 60 miles south of the Mexican capital, was on edge. Only a few weeks before, a drug gang had audaciously displayed its power, issuing a curfew one Friday night, warning that anyone out after 8 p.m. might be “mistaken
May 11, 2011
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[Amity Shlaes] Obama needs Navy SEALs to target budget
Obama pulls another Osama. He signs the orders. The operation succeeds. This time the target is another great enemy: the federal debt.Or so, at least, runs the national daydream.That Americans indulge themselves in such quirky fantasies reflects a desperation about reality. The reality is that in domestic affairs, President Barack Obama moves not like a leader who nailed Osama bin Laden, but like
May 11, 2011
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[Linda Yueh] Dilemmas facing the Bank of England
OXFORD ― Andrew Sentance, an outgoing member of the Bank of England’s Monetary Policy Committee, has outlined a credibility-challenging scenario for the BOE. There are two contradictory forces that could keep inflation significantly above its 2 percent target not only this year and next year, but even in 2013.The dilemma is that any depreciation of sterling increases the level of imported inflatio
May 11, 2011
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Rethink policy on Afghanistan, Pakistan, India
President Obama should take full advantage of the opportunity provided by the death of terrorist mastermind Osama bin Laden to reshape dramatically U.S. policy related to Afghanistan, Pakistan and India.For a decade, this country has expended an inordinate amount of its resources, not to mention the more than 1,500 soldiers killed, to fight a war in Afghanistan that never promised to yield compara
May 10, 2011
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[William Pesek] Gold traders are only winners amid 18% inflation
Nguyen Van Giau sighs audibly and shifts in his chair when I ask him the dreaded question: Is Vietnam losing its inflation battle?It’s one the country’s central bank governor can barely go an hour without fielding these days. Such is life in a nation where consumer prices climbed almost 18 percent in April from a year earlier.Giau’s assurances that he’s committed to taming inflation aren’t resonat
May 10, 2011
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[Shlomo Avineri] Rocky road ahead for Arab democracy
JERUSALEM ― During the turmoil of the French Revolution, a popular saying arose: “How beautiful was the republic ― under the monarchy.” The Revolution aimed at achieving Liberty, Equality, and Fraternity. Instead, it wrought for France ― and much of Europe ― Jacobin terror, right-wing counter-terror, decades of war, and eventually Napoleonic tyranny. A similar challenge now faces North Africa and
May 10, 2011