Most Popular
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Now is no time to add pressure on businesses: top executives
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CJ CheilJedang to spur overseas growth with new Hungary, US plants
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Seoul to host winter festival from Dec. 13
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Nationwide rail disruptions feared as union plans strike from Dec. 5
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Blackpink's solo journeys: Complementary paths, not competition
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N. Korea, Russia court softer image: From animal diplomacy to tourism
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Smugglers caught disguising 230 tons of Chinese black beans as diesel exhaust fluid
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[Today’s K-pop] Blackpink’s Jennie, Lisa invited to Coachella as solo acts
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Actor Song Joong-ki welcomes second child in Rome
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Main opposition pushes to ease, not postpone, tax on crypto gains
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[Editorial] Worrisome inflation data
South Korea’s consumer prices, a key gauge of inflation, rose 3.1 percent on-year for the second-straight month in March, driven by skyrocketing prices of fruits and strong oil prices, Statistic Korea data showed. More important than the headline figures is that a growing number of consumers are feeling a far stronger pinch in their pockets, especially when they browse the lofty price tags of grocery store items. It may not be such a shocking development that consumer prices stayed above 3
EditorialApril 5, 2024
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[Editorial] Trainee doctors
President Yoon Suk Yeol wishes to meet with trainee doctors to hear them out, Yoon’s office said Tuesday, but the Korea Intern Resident Association has not officially responded. The presidential office made the statement hours after Cho Yoon-jeong, public relations committee chief of the Medical Professors Association of Korea, implored KIRA leader Park Dan to meet with Yoon “without any conditions” if the president extended the invitation. Yoon said Monday the medical communit
EditorialApril 4, 2024
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[Wang Son-taek] A tale of two ambassadors
Korean Ambassador to Australia Lee Jong-sup resigned only 25 days after his appointment. Chung Jae-ho, the ambassador to China, is under investigation after an embassy staffer reported the abuse of power. It might be better to avoid such shameful stories, but the stories of the two ambassadors dramatically show the critical vulnerabilities of Korean diplomacy. It might be worth a detailed review in that they undermine -- not maximize -- the national interests of Korea. Ex-Ambassador Lee Jong-sup
ViewpointsApril 4, 2024
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[Ana Palacio] Germany’s weakness is bad for Europe
Once the “sick man of Europe,” Germany seems to be under the weather once again. That might be putting it mildly: much as it did in the late 1990s, Germany is staring down the barrel of “stagflation” -- high inflation and unemployment combined with stagnant demand and low growth. A lack of effective political leadership further darkens the outlook for Germany -- and for the European Union that depends on it. France might be the EU’s second-largest economy, a nuclear
ViewpointsApril 4, 2024
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[Editorial] Protect voting stations
It is not only shocking but also deeply unsettling that police detained a YouTuber last week on suspicion of installing spy cameras in two cities, just ahead of the April 10 parliamentary elections. On Sunday, an Incheon court issued a warrant to arrest the YouTuber in his 40s for allegedly placing spy cameras at around 40 polling stations in several regions including Seoul, Busan and Daegu. On Monday, police sought arrest warrants for two suspected accomplices who helped the YouTuber install th
EditorialApril 3, 2024
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[Kim Seong-kon] Waiting for Aquaman who bridges land and sea
While I was watching the 2018 American superhero films, “Aquaman” and its 2023 sequel, “Aquaman and the Lost Kingdom,” I realized that South Korea desperately needed political leaders like Aquaman. In the movie, Aquaman bridges two radically different worlds: the land and the sea. Aquaman can thus be seen as a symbol of the ideal political leader: one who can quench our thirst for peace and harmony by mediating other binary oppositions, such as progressivism and conservat
ViewpointsApril 3, 2024
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[Mark Jones] The Hitler trial‘s lessons in the Trump era
On April 1, 1924, Adolf Hitler should have been terrified. Four and a half months earlier, the Nazi leader had led a failed coup d’etat in Munich, the Bavarian capital. Inspired by the Italian Fascist Benito Mussolini, Hitler had planned to march his supporters on to Berlin, where they would destroy the democratic Weimar Republic. The insurrection began just after 8 p.m. on Nov. 8, 1923, when Hitler and his followers burst into a political rally and held the crowd hostage. During the drunk
ViewpointsApril 2, 2024
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[Noah Feldman] Flimsy abortion pill argument in US
Abortion is back at the Supreme Court. The case contests decisions by the Food and Drug Administration to make the drug mifepristone available by mail and via telemedicine. But at oral argument on Monday, the court that overturned Roe v. Wade seemed poised to reject the arguments of the pro-life Alliance for Hippocratic Medicine. No, the conservative justices haven’t suddenly discovered a new sympathy for the right to choose. Rather, several of the conservatives, alongside the court’
ViewpointsApril 2, 2024
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[Alison L. LaCroix] Texas and the perpetual crisis of American federalism
By claiming that it has the power to enforce its own immigration policy, even when that policy conflicts with federal law, Texas has reignited a debate about federalism that is as old as the United States itself. But with so many commentators invoking the past to justify their positions, it is crucial to get the history right. Many cite the Civil War as an analogy to -- and a cautionary tale for -- the current moment. But the more accurate benchmark is not the war itself; it is the five decades
ViewpointsApril 2, 2024
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[Editorial] Yoon's speech
President Yoon Suk Yeol said on Monday the medical community should present a unified plan based on scientific grounds if it wants the government to revise its policy for medical reform. In a televised speech that lasted for 50 minutes, Yoon reiterated the need for increasing medical school enrollment by 2,000 starting next year, and said that the government’s policy can always change for the better if better ideas based on reasonable grounds are presented. "The number 2,000 is the mi
EditorialApril 2, 2024
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[Yoo Choon-sik] Economic challenges and April election
South Korea entered into full-scale election mode late last week, with political parties launching their official campaigns to stretch until the April 10 poll to elect all 300 members of parliament. The election is held as the country struggles to overcome daunting challenges from virtually all fronts at home and abroad. Even before the official campaign period started, major parties and their candidates had already been engaged in various events across the country to meet and directly appeal to
ViewpointsApril 1, 2024
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[Howard Davies] Are global capital rules possible?
What’s in a name? The final proposals for bank-capital rules were dubbed Basel 3.1, as if to suggest a minor tidying-up exercise – just a few grace notes added to a melody composed long ago. But banks, concerned that the implications would be more severe, spoke of Basel 4, implying not grace notes, but a reworking of the entire composition, now in a major key. That name didn’t stick. Regulators insisted that it was not a new tune, and that anyone who could sing Basel 3 would ha
ViewpointsApril 1, 2024
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[Editorial] Minimum wage for 2025
As Minister of Employment and Labor Lee Jung-sik on Friday officially requested the Minimum Wage Commission review the wage for 2025, heated debate is expected to play out over the next three months -- the timeline set by law to finalize the country’s minimum wage. In previous years, the focus had largely been placed on whether the tripartite Minimum Wage Commission, which is composed of nine members each from the labor, business and public sectors, would reach the threshold of 10,000 won
EditorialApril 1, 2024
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[Daniel DePetris] Can UN stop bloodshed in Gaza?
The United Nations Security Council, the UN’s most important body, is responsible for the maintenance of international peace and security. If there is a threat to the peace, the Security Council is supposed to meet, deliberate and adopt measures to curtail aggression and safeguard international law. It’s a weighty responsibility for any country represented on the panel, particularly for the permanent members -- the United States, the United Kingdom, France, Russia and China -- most a
ViewpointsMarch 29, 2024
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[Editorial] Lee's 'simple' views
Lee Jae-myung has said and done many shocking things, so nothing is surprising anymore. But the fact that the leader of the main opposition party cares so little about what is happening around the world perturbed many South Koreans this week. During a stump speech in Dangjin, South Chungcheong Province, on March 22, Lee said the Chinese aren’t buying South Korean products because they don’t like Korea. “Why does (the Yoon Suk Yeol administration) harass China? Just say ‘x
EditorialMarch 29, 2024
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[Mariana Mazzucato] How to save the pandemic treaty
Recent drafts of a global pandemic treaty have been widely criticized as “shameful and unjust.” When the latest round of negotiations opened on March 18, it was clear that a key lesson of the COVID-19 pandemic was being ignored: public health and the health of the economy are interdependent. Achieving both requires rewriting the rules of how health and well-being are valued, produced, and distributed -- and how economies are governed. The treaty’s success will depend on member
ViewpointsMarch 28, 2024
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[Martin Schram] Free Hamas’ Israeli and Gaza civilian hostages
We are in a world of trouble. Wherever we look these days, all kinds of hell is happening. Or just happened. Or may soon happen. For Gaza’s 2 million-plus Palestinians, things are about as bad as things can get. Yet, a mind-boggling new poll just revealed most Gaza Palestinians are still clueless about who to blame for their misery that has shattered their lives. Also: World leaders appear clueless about what, if anything, they can or should do about it. A half century ago, Israel’s
ViewpointsMarch 28, 2024
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[Editorial] A warning behind rumors
Rumors about “a crisis in April” recently swirled around in the financial and construction sectors last week, floating a possibility that debt problems stemming from project financing could spin out of control and touch off a chain reaction of insolvencies and a credit crunch among home builders and financial firms. The gist of the rumor is that the government would start restructuring the PF-related sector saddled with troubled building projects and the shortage of funds once the Ap
EditorialMarch 28, 2024
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[Kim Seong-kon] The April 2024 election will decide our future
People say that the future is full of “hopes.” Alexander Pushkin expresses the sentiment well in his celebrated poem, “Should This Life Sometime Deceive You”: “Our heart lives in the future, so/ What if gloom pervades the present?” (Translated by Genia Gurarie). However, foreseeing the ominous dark clouds ahead of us, we can only “hope” to survive the perfect storm awaiting us. For an example of this “perfect storm,” take the recent pre
ViewpointsMarch 27, 2024
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[Jeffrey Frankel] Democrats are better for the US economy
Under President Joe Biden, the US economy has performed much better than virtually anyone predicted. And yet voters seem not to realize it -- an apparent puzzle that has been much discussed lately. In fact, this disconnect between popular perception and economic performance is nothing new. Since World War II, the US economy has consistently done better during Democratic administrations, yet a large share of Americans -- possibly even a majority -- believe that Republicans are better economic ste
ViewpointsMarch 27, 2024