Most Popular
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Industry experts predicts tough choices as NewJeans' ultimatum nears
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Jung's paternity reveal exposes where Korea stands on extramarital babies
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Seoul city opens emergency care centers
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Opposition chief acquitted of instigating perjury
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Samsung entangled in legal risks amid calls for drastic reform
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[Exclusive] Hyundai Mobis eyes closer ties with BYD
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[Herald Review] 'Gangnam B-Side' combines social realism with masterful suspense, performance
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Agency says Jung Woo-sung unsure on awards attendance after lovechild revelations
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[Herald Interview] 'Trump will use tariffs as first line of defense for American manufacturing'
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Why S. Korean refiners are reluctant to import US oil despite Trump’s energy push
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[Kim Seong-kon] “Reverse mentoring” and the harmony of “digilog”
Recently, two of my friends sent me two radically different articles on the MZ generations. A Korean friend of mine sent me an interesting piece of writing that presumably someone had posted on the internet. The title was “An Era of Super-reversal and Reverse Mentoring.” An American friend of mine sent me an article titled, “Gen Z Is Apparently Baffled by Basic Technology” by Victor Tangermann. The article on reverse mentoring solemnly announces, “We are now living
ViewpointsMarch 8, 2023
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[Editorial] Turn to the future
The government announced a plan to resolve the issue of compensating Koreans who were mobilized by Japan for forced labor. Korea was under Japanese colonial rule from 1910 to 1945. Japan mobilized Koreans for forced labor during World War II (1939-1945). Under the plan, compensation will be paid by the Foundation for Victims of Forced Mobilization by Imperial Japan, which was created in 2014 and is currently affiliated with the Interior Ministry. The foundation plans to collect "voluntary&q
EditorialMarch 8, 2023
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[Editorial] Not-so-free market
Governments in advanced countries tend to avoid directly intervening in the private sector for fear of distorting market mechanisms. In this regard, the government’s industrial policy, such as a state-initiated guide on prices for products and services, is supposed to be used only when it is necessary. Unfortunately, the Yoon Suk Yeol administration and some of the ruling party members do not follow such basic rules. It is ironic that Yoon often preaches the virtue of the free market, but
EditorialMarch 7, 2023
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[Paul Scharre] How to counter China’s scary use of AI tech
Nowhere is the competition in developing artificial intelligence fiercer than in the accelerating rivalry between the United States and China. At stake in this competition is not just who leads in AI but who sets the rules for how it is used. China is forging a new model of digital authoritarianism at home and is actively exporting it abroad. It has launched a national-level AI development plan with the intent to be the global leader by 2030. And it is spending billions on AI deployment, trainin
ViewpointsMarch 7, 2023
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[Martin Schram] One-China policy can be win-win for all
Tweets and texts were popping all over the place on Wednesday. Not only were China’s economic experts surprised -- but their leaders were actually satisfied. China’s economy had just rebounded quite strongly, as the country reopened after its full-stop COVID shutdown. February’s numbers showed China’s manufacturing sector registered its largest growth in a decade. So, this may be a good time to remind China’s President Xi Jinping of something I warned him about just
ViewpointsMarch 7, 2023
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[Mariana Mazzucato, Rosie Collington] Consultants and the crisis of capitalism
In recent years, McKinsey & Company has become a household name -- but for all the wrong reasons. One of the “Big Three” consulting firms, its work for major corporations and governments has increasingly become a source of scandal and intrigue around the world. In the United States, for example, McKinsey agreed to pay nearly $600 million for its role in the deadly opioid epidemic, following allegations that it had advised Purdue Pharma on how to “turbocharge” sales of Oxy
ViewpointsMarch 6, 2023
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[Editorial] Polarized labor market
Hyundai Motor’s recruitment ad for 400 entry-level factory workers attracted a deluge of job seekers as soon as it launched on Thursday. The carmaker’s related web page froze due to the sudden rush of applicants. On that day alone, more than 30,000 people are said to have accessed the page. It is the first time in 10 years that the company is hiring assembly line workers. Not only are new high school graduates expected to apply, but also workers looking to change their jobs are as we
EditorialMarch 6, 2023
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[Song Young-gil] Lessons from France’s energy policies
Increasing the share of nuclear energy to replace renewable energy is considered a move against carbon neutrality. Whenever the current South Korean government insists on the legitimacy of its pro-nuclear energy policy, France, a powerhouse in nuclear energy, is cited as a successful case. However, a closer look at France’s nuclear power policy within the framework of its energy mix shows that Korea and France are quite different in many aspects. The two nations' energy policies share
ViewpointsMarch 6, 2023
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Bulgaria marks National Day
The Bulgarian Embassy celebrated its National Day on March 3, marking the nation's liberation from the Ottoman Dominion. Bulgarian Embassy commemorated Bulgarian volunteers who fought and liberated Bulgaria during the Russo-Turkish War of 1877–1878, leading to the re-establishment of Bulgarian statehood. Delivering welcome remarks at the ceremony, Bulgarian Ambassador Petko Draganov recalled his country’s diplomatic relationship with Korea forged 33 years ago in acknowledgment o
Foreign AffairsMarch 3, 2023
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[James A. Goldston] Ukraine and the rebirth of human rights
As democracy has receded in many parts of the world, “human rights” -- and the language, institutions, and framework of laws to which the concept has given rise over the past 75 years -- have increasingly attracted criticism. Of course, realities on the ground have always fallen short of the lofty aspirations enshrined in our patchwork global human-rights system, from the first initiatives under the League of Nations to the 1945 United Nations Charter and the treaties subsequently
ViewpointsMarch 3, 2023
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[Editorial] Stop school violence
On Feb. 25, Chung Sun-sin offered to resign one day after he was appointed the head of the National Office of Investigation over controversy surrounding his son’s bullying in high school. But the public uproar shows no sign of dying down, with people calling for drastic reforms to tackle school violence. Chung’s son not only verbally abused his classmate for eight months from May 2017, he also stayed at the school for nearly one year. This left the victim in a more traumatic state, e
EditorialMarch 3, 2023
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[Jean Pisani-Ferry] Reinventing the European Union
Tectonic changes in the global system are forcing all countries to redefine their strategic outlooks and growth models. But while changes are affecting every country, the European Union faces a far more serious challenge that could put its very existence at risk. This is not the first time that the EU has found itself at a crossroads. Global crises tend to throw the bloc into an existential spiral that calls into question its priorities, structure and purpose. Whether Europe remains a major glo
ViewpointsMarch 2, 2023
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[Lee Kyong-hee] Princesses of North Korea’s Kim dynasty
The massive military parade in Pyongyang on Feb. 8 lived up to North Korea’s reputation as a “theater state.” Monster missiles rolled through the brightly illuminated Kim Il Sung Square; impeccable columns of marching soldiers shouted loyalty to their Supreme Leader and his sacred bloodline; and a sea of spectators cheered and wept with joy. But the most memorable image was a child, Kim Ju-ae, standing at center stage alongside her father, Supreme Leader Kim Jong-un. The specta
ViewpointsMarch 2, 2023
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[Editorial] Democratic Party's way to go
The majority opposition Democratic Party of Korea is grappling with the aftermath of the National Assembly’s vote on the prosecution’s request for consent to a pretrial detention hearing on its leader Lee Jae-myung. Before the vote, the party leadership was confident of an overwhelming rejection of the request, but the result jolted them. The request was thrown out as the number of yes votes fell short of the minimum required to hold the hearing. But unexpectedly, the secret vote spl
EditorialMarch 2, 2023
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[David C. Logan] Why Putin suspended START
On Tuesday, Russian President Vladimir Putin announced that Moscow would suspend implementation of New START, the last remaining treaty between Russia and the United States limiting deployed nuclear weapons. New START limits the number of “strategic” nuclear warheads that Russia and the United States can deploy to 1,550 and the number of deployed strategic nuclear-capable missiles and bombers to 700. The agreement, like its predecessors, was important in limiting arms race pressu
ViewpointsMarch 1, 2023
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[Kim Seong-kon] Living dangerously in this apocalyptic moment
Recently, one of my American friends sent me an insightful article by John Semley, “We’re All Living under Gravity’s Rainbow.” Semley writes engagingly about our current historical moment in light of Thomas Pynchon’s groundbreaking novel, "Gravity’s Rainbow": “Looming apocalypse, paranoid conspiracies, rocket-obsessed oligarchs. As Thomas Pynchon’s novel turns 50, it’s world feels unnervingly present.” Indeed, though publish
ViewpointsMarch 1, 2023
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[Editorial] Embattled chip industry
South Korean chipmakers are likely to face not only a slowdown in demand for semiconductors but also critical restrictions from the US over production in China -- collateral damage from the intensifying friction in US-China trade. The US is reportedly planning to limit the level of advanced chips that Korean chip manufacturers can produce in China in the name of blocking the transfer of its advanced semiconductor technology to adversaries. "We are now in a world where technology is the driv
EditorialMarch 1, 2023
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Slovakia eyes more battery, EV cooperation with Korea
Celebrating 30 years of diplomatic ties between South Korea and Slovakia, the European country's top envoy in Seoul said the country expects more cooperation in the field of battery and electric vehicle production in the near future. Noting the rapidly developing automotive industry in the country, Slovakia's Ambassador to Korea Jan Kuderjavy said Korean companies could take advantage of a regional financial incentive scheme and a preferential tax regime for research and development. &
Foreign AffairsFeb. 28, 2023
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Kuwait recalls Korea’s support during Gulf War on 62nd National Day
Kuwait’s top envoy to Seoul recalled the firm stance of Korea to support Kuwait during the 1990-1991 Gulf War while celebrating his country’s 62nd National Day in Seoul last week. Korea supported Kuwait's rights during the Iraqi invasion of Kuwait in 1990 by sending troops to Kuwait to help liberate the Gulf state. Kuwait’s national day, which falls on Feb. 25, marks the commemoration of the day Sheikh Abdullah Al-Salim Al-Sabah became the ruler of Kuwait in 1950. Al-Sabah
Foreign AffairsFeb. 28, 2023
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[Joseph E. Stiglitz] Who stands for freedom in US party politics?
The Republican Party has long wrapped itself in the American flag, claiming to be the defender of “freedom.” The party believes individuals should be free to carry firearms, spew hate speech, and eschew vaccines and face masks. The same goes for corporations: Even if their activities destroy the planet and permanently change the climate, the “free market” should be trusted to sort things out. Banks and other financial institutions should be “liberated” from re
ViewpointsFeb. 28, 2023