Most Popular
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[Exclusive] Korean military set to ban iPhones over 'security' concerns
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Korean, Romanian leaders discuss defense tech, nuclear energy
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[Graphic News] 77% of young Koreans still financially dependent
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S. Korea calls on Japan to confront history amid Yasukuni Shrine visit
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Yoon’s jailed mother-in-law excluded from latest parole list
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Hybe and Min Hee-jin, CEO of Hybe sublabel Ador, lock horns
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[Pressure points] Leggings in public: Fashion statement or social faux pas?
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Yoo Jae-suk, Yoo Yeon-seok team up in 'Whenever Possible'
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Korea’s homegrown nanosatellite successfully launches into space
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Aging population to drive down Korea's housing prices from 2040: experts
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Questions about president’s wartime powers
Did President Obama break the law when he ordered U.S. planes to bomb Moammar Gadhafi’s forces in Libya? Some critics think so. But as with all discussions of the wartime powers of Congress and the president, the law is less clear than partisans would like to admit.The principal legal argument against Obama is that he should have obtained a declaration of war or its equivalent from Congress. But e
March 30, 2011
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Manufacturers must lead Japan’s recovery
Many automobile and electric appliance makers have been forced to suspend output as their production centers were crippled by the March 11 earthquake and tsunami that hit the Pacific coast of the Tohoku and Kanto regions.The road to full recovery from the disaster will be bumpy, but the manufacturing industry must play the role of a locomotive to drive the national economy. Manufacturers are urged
March 30, 2011
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[David Ignatius] Obama’s opportunity in the Middle East
CAIRO ― A young Egyptian journalist named Merette Ibrahim has come to question visiting Defense Secretary Bob Gates at a roundtable discussion. She’s passionately idealistic about Egypt’s new democracy, and you might think she would be enthusiastic about President Obama, who supports the political revolution under way here. But she isn’t: She says Egyptians find Obama and his policies confusing. W
March 30, 2011
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[Simon Johnson] Maestro nurtures a new too-big-to-fail crisis
Just tell the government to back off and all will be fine. That’s what former Federal Reserve Chairman Alan Greenspan seems to say in “Activism,” an article published in the Spring issue of International Finance available on the Council on Foreign Relations’ website. “Current government activism is hampering what should be a broad-based robust economic recovery,” he writes. If we follow his advice
March 30, 2011
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[Kevin Hassett] Fed seat stalemate leaves diamond in the rough
If a modern-day Aesop were to write a fable that illustrates the essential character of the American government, he could model it on the story of Peter Diamond.Of the 67 winners of the Nobel Prize in economics, only a handful could be considered giants, thinkers whose names will echo in the halls of academia centuries from now. Diamond, a professor at the Massachusetts Institute of Technology, is
March 30, 2011
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[Yuriko Koike] Bonds: Key word in Japan’s recovery
TOKYO ― The tsunami raced through the town at eight meters per second, the speed of a gold-medal sprinter. The wave’s height reached 15 meters, towering above even the highest pole-vault bars. Ships were heaved onto hills, and cars floated like boats. After the wave passed, a chaotic mountain of debris was all that was left of Kamaishi, Japan’s oldest steel-manufacturing town, in Iwate Prefecture.
March 30, 2011
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Halting the devastation of the nation’s lakes, rivers
S. Korea’s lack of fishing regulations gives free rein to poachersSpring has nearly arrived. Frozen rivers have regained their flow. I tie hundreds of flies, translate piles of Korean language maps and carefully pack the minivan for a weekend of fishing and camping.Then a nagging question comes to mind: Where is my 2011 Republic of Korea fishing license?The unfortunate truth is that South Korea do
March 29, 2011
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[Matthew Lynn] Portuguese bailout costs more than money alone
Is it 50 billion euros? Or perhaps 70 billion euros? The cost of bailing out Portugal varies according to who makes the calculation. No one will know the real price until officials from the International Monetary Fund and the European Central Bank tell us.But it isn’t the actual amount that counts. It is the price the euro area is paying for having a single currency.And on that measure, a rescue p
March 29, 2011
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Multilateralism prevails in Libya calculation
Unlike the Iraq war, which smacked of go-it-alone cowboyism, the Libyan intervention has been for the most part a multilateralist’s dream: an idealistic granola bar of an operation, carefully orchestrated to win broad support from nations around the world. Not only did President Obama seek and receive the blessing of the U.N. Security Council, the Arab League and many of America’s traditional alli
March 29, 2011
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[Park Sang-seek] Libya war: Three tasks for the world
The United Nations, which has avoided direct military involvement in the popular revolts in several Arab countries, is launching military attacks on the Gadhafi regime to protect the rebel forces. The U.N. action, the composition and nature of the multinational force formed under a Security Council resolution, the reactions of major powers and Arab states to the Libyan civil war, and the U.S. acti
March 29, 2011
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[Albert R. Hunt] Only Gadhafi’s ouster defines success in Libya
Democratic Congressman Dennis Kucinich raises the possibility of impeaching President Barack Obama for aggressive air strikes against Libya, while Mitt Romney, a potential Republican presidential candidate, says the policy shows the commander in chief to be “tentative, indecisive, timid and nuanced.”Obama can brush aside these criticisms. Every modern president would have been impeached under Kuci
March 29, 2011
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[William Pesek] Kim Jong-il knows what he can do with $500,000
The more someone purports to know what’s in Kim Jong-il’s mind, the more skeptical you should be. What about the North Korean dictator’s heart?This question is much on the minds of Japanese after Kim donated $500,000 to help their nation deal with a record earthquake and tsunami. The gesture is as fascinating as its timing. It came on the same day a United Nations agency said Kim urgently needs ab
March 29, 2011
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[Kim Seong-kon] ‘Chimerica’: The post-Cold War birth of a monster
According to Greek mythology, the Chimera was a fire-breathing female monster, composed of three different animals: the head of a lioness, the body of a goat and a tail of a snake. Another version reveals that Chimera had three heads: a lion’s, a dragon’s and a goat’s. Genetically speaking, a chimera is an animal that has two or more heads, or more than one set of arms and feet growing on one body
March 29, 2011
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Steady efforts needed to restore schools
For children who have suffered mental trauma as a result of the recent earthquake and tsunami, school can be a valuable forum in which to talk to friends and teachers and encourage each other.The situation remains severe in devastated areas, with no clear prospects for reconstruction, but we hope initial steps will be taken to put school life back in order.The March 11 disaster left enormous scars
March 28, 2011
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[Julia Allison] Let me tell you about social media
I was a senior in college when Facebook came online. I got an account immediately, and a year later interviewed the founders for a magazine article oh-so-cleverly headlined “In Your FACE!”Clearly, I should’ve booked the next flight to Palo Alto and begged for stock options, but they struck me as arrogant. “Who do they think they are?” I thought. “They just run a little college website!”OK, I misse
March 28, 2011
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[Karel van Wolferen] Japan’s new model political leadership
AMSTERDAM ― Amid the horrifying news from Japan, the establishment of new standards of political leadership there is easy to miss ― in part because the Japanese media follow old habits of automatically criticizing how officials are dealing with the calamity, and many foreign reporters who lack perspective simply copy that critical tone. But, compared to the aftermath of the catastrophic Kobe earth
March 28, 2011
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[Trudy Rubin] Behind Obama’s risky humanitarian mission in Libya
Here’s a crucial fact that you may not realize, given the week’s headlines: Libya is only a tragic sideshow to the historic events in the Middle East.Egypt is the place that counts when we consider the prospects for Arab democracy. Bahrain is the locale where Iran and the Saudis are contesting for power. Yemen, whose president is about to fall, is the country where a strong al-Qaida branch is base
March 28, 2011
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[Meghan Daum] ‘Friday’ on YouTube and 15 minutes of flame
“We don’t hate you because you’re famous. You’re famous because we hate you.”So went one of countless tweets about Rebecca Black, the eighth-grader whose music video “Friday” ― a robotic ditty about waking up in the morning and enduring the drudgery of the school week before reaching exalted Friday ― has become a surprise hit on YouTube.On Tuesday night, Black performed on Jay Leno, and as of Wedn
March 28, 2011
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[Joel Brinkley] Egyptian polls: The sooner, the better
For the first time in history, Egyptians voted in a fully fair and free referendum on March 19. And while they celebrated this historic achievement, around the world, academics and human rights activists were bleating like stuck pigs.“There’s just not enough time for parties that haven’t existed before” to organize for upcoming parliamentary and presidential elections, lamented Robert Springborg,
March 28, 2011
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Pre-empt the next economic crisis in U.S.
Falling house prices and a backlog of foreclosures have turned 2011 into the most desperate year yet for many American homeowners. The pain just keeps coming, and government programs have proven ineffective at assisting many of those in danger of losing their houses.In the short run, now would be the worst time to strip away government subsidies that support many of those same beleaguered househol
March 27, 2011