Most Popular
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Heavy snow alerts issued in greater Seoul area, Gangwon Province; over 20 cm of snow seen in Seoul
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Seoul blanketed by heaviest Nov. snow, with more expected
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Seoul snowfall now third heaviest on record
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Samsung shakes up management, commits to reviving chip business
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NewJeans to terminate contract with Ador
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Heavy snow of up to 40 cm blankets Seoul for 2nd day
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How $70 funeral wreaths became symbol of protest in S. Korea
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Hybe consolidates chairman Bang Si-hyuk’s regime with leadership changes
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Why cynical, 'memeified' makeovers of kids' characters are so appealing
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BOK makes surprise 2nd rate cut to boost growth
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[Editorial] No promoting NK
The Seoul Metropolitan Government provided leftist civic groups with a venue for a joint event where some participants echoed North Korea’s arguments and effectively advocated its nuclear weapons. The Seoul mayor even delivered a congratulatory address.The groups ran a contest of opinions on the April 27 South and North Korean Summit, and the award ceremony took place in the municipal government building on July 7. In the ceremony, prize winners presented their works. Most of the winners were in
July 16, 2018
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[K. Ward Cummings] Judging a president by his staff
For as long as there has been a Capitol Hill, a secret list has circulated informally among staffers there bearing the names of the most difficult members of Congress to work for. Any staffer today who has worked on the Hill long enough is familiar with the list and the names that perennially appear there. They are exchanged in hushed whispers over coffee in Rayburn Cafeteria, they bounce and skip along backbenches during committee hearings, and they are discreetly shuffled across table tops in
July 15, 2018
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[Leonid Bershidsky] Putin and Trump will put on an empty show
When President Donald Trump meets with Russian President Vladimir Putin on July 16, some Americans will watch with apprehension: What if they hatch a plan that’ll harm US interests? What if Trump is meeting with his handler rather than his counterpart? They shouldn’t worry. There’s little doubt that Putin can handle Trump, but not as an intelligence asset, as some conspiracy theorists suggest. Even if, as many believe, Putin “has something on Trump,” he has nothing to gain by releasing the kompr
July 15, 2018
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[Therese Raphael] Trump isn’t getting the Brexit he wanted
The UK’s 2016 vote to leave the European Union represented a moment of vindication and hope for Donald Trump. No wonder he sounds worried now, as he arrives in the UK for his visit. It’s not the protestors waiting at every stop, or even the giant orange Trump Baby balloon floating over London that’s likely to irk the thin-skinned president most. It’s the fact that a great, populist juggernaut that so closely prefigured his own rise to power is sputtering. Trump is certainly bothered. He declared
July 15, 2018
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[Ferdinando Giugliano] Emmanuel Macron gets a lesson in hubris
Emmanuel Macron can’t complain about the historical figures to whom he’s been compared since his election to the Elysee Palace. From Louis XIV to Charles de Gaulle, they show how much he embodies France’s return to the global center stage after the underwhelming presidency of Francois Hollande. But after a shining start, the golden boy of French politics has hit a rough patch. In June, he failed to achieve the meaningful reform of the eurozone that he’d advocated. His attacks on Italy’s new popu
July 15, 2018
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[Michael Schuman] Trump is misjudging China’s resolve on trade
US President Donald Trump’s strategy in his trade war with China boils down to inflicting sufficient economic pain to eventually force Beijing’s leaders into concessions the president wants -- whatever those may be. That’s the obvious purpose of the tariffs he plans to impose on another $200 billion of Chinese-made goods. Trump may find with China, though, that there’s an inverse relationship between pressure and cooperation. Rather than bringing China’s leadership to heel, the extra duties are
July 15, 2018
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[David Ignatius] To better understand Trump’s zigzag diplomacy, look to his comeback from near-bankruptcy
Watching President Trump’s diplomatic maneuvers -- in Singapore last month and in the runup to his meetings over the next week in Brussels and Helsinki -- I wonder whether analysts have been making a mistake explaining his bargaining style in terms of the brash young personality described in his 1987 memoir, “The Art of the Deal.” The Trump we’re watching is a much needier person than the youthful tycoon who vaulted to the top of the world. The current version of Trump sees himself as chief exec
July 12, 2018
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[Stephen Mihm] The children of the rich will always be with us
In the popular imagination, dynastic wealth is a fragile thing indeed. The old adage — “from shirtsleeves to shirtsleeves in three generations” — captures the conventional wisdom: Founders of family fortunes are doomed to watch their idle children fritter away the money, leaving nothing for the grandchildren. But how true is this? It’s a question worth asking, given the debate about growing inequality. Some $30 trillion in the US will reportedly be passed from the baby-boom generation to their h
July 12, 2018
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[Ivo H. Daalder and James M. Lindsay] Will Trump choose Russia over NATO?
For once, it seems like President Donald Trump isn’t interested in winning. Everything is in place for a great NATO summit -- defense spending is up, deterrence in Eastern Europe is strong and a united alliance will set a firm tone for Trump’s meeting with Russian President Vladimir Putin. Everything seems set. Everything, of course, except that last part. While Trump could use a successful NATO summit to hold Putin to account for his misdeeds in Ukraine and US election interference, he appears
July 12, 2018
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[Kelly Born] Solving the disinformation puzzle
Ever since the November 2016 US presidential election highlighted the vulnerability of digital channels to purveyors of “fake news,” the debate over how to counter disinformation has not gone away. We have come a long way in the eight months since Facebook, Google, and Twitter executives appeared before Congress to answer questions about how Russian sources exploited their platforms to influence the election. But if there is one thing that the search for solutions has made clear, it is that ther
July 12, 2018
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[Meghan O’Sullivan] Chinese tariffs on US energy would signal a new attitude
In placing retaliatory tariffs on certain goods and products, America’s trade partners have signaled how well they understand American politics. By targeting products from areas supportive of President Donald Trump, they clearly hope to generate pressure to lift US tariffs or even create broader political problems for the president. But China is sending much more interesting — and complex — messages with its indication that it may place retaliatory tariffs on US energy exports. Since the 1990s,
July 12, 2018
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[James Stavridis] NATO has two big problems: Putin and Trump
The NATO alliance is in a state of high tension heading into the Brussels summit this week. In some ways, of course, we have been here before. When I served as NATO’s supreme allied commander from 2009 to 2013, we had controversy and disagreements aplenty over Afghanistan and Libya, for example, and endless arguments over equitable burden-sharing between the US and the other allies. Indeed, reports on the decline of NATO have been constant over the decades, especially immediately after the colla
July 11, 2018
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[Daniel Moss] Trade war muddles China’s battle to curb debt
The start of trade hostilities between the US and China accentuates an important underlying theme in China’s own economy and the way it affects the world. A big tussle is taking place within China that the leveling of tariffs by Washington and Beijing can only aggravate. That struggle is the effort by China to slow credit significantly: Enough to squeeze the shadow banking industry and rein in debt at state-run firms, but not so much that it causes a slump in overall growth. Getting the balance
July 11, 2018
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[Andrew Sheng] Moving to digital economy
When Amazon.com last month bought online pharmacy Pillpack for $1 billion, the stock market valuation of several large pharmacy retail chains fell by $14 billion. That is the power of clicks (online e-commerce companies) over bricks (and mortar retailers). The once powerful GE being taken off the Dow Jones market index is an indication how old-style manufacturing and distribution companies are being marked down on a daily basis, whereas tech companies are valued in stratospheric terms. The old
July 11, 2018
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[Susan Shirk] How to shield Silicon Valley
President Donald Trump thankfully appears to have backed off his threat to block all Chinese investment in critical US technologies, looking instead to the US Congress to develop a more robust investment screening system. But the risk of this technological cold war spinning out of control, to the detriment of both countries, remains. Lawmakers must strike a balance between preserving economic openness and protecting national security, which means thinking both smaller and bigger than they seem t
July 11, 2018
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[Lee Joo-hee] Ready or not, here comes the change
On July 1, a vague mix of optimism and pessimism filled many workplaces in South Korea upon the effectuation of the 52-hour workweek. Local media have been loudly playing along to the tunes of the government or businesses, either highlighting the newfound leisurely life with shortened work hours, or on gloomy forecasts of the managerial nightmare and even an impairment to productivity.The Moon Jae-in administration has set out to expunge Korea’s notoriety as one of the most overworked countries
July 11, 2018
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[Leonid Bershidsky] Look to Austria for Europe’s next leader
German Chancellor Angela Merkel has often been called the European Union’s real leader, though she’s never wanted that role and her moves in Europe have always been dictated by German domestic politics. A different chancellor seems positioned for leadership now: Austria’s Sebastian Kurz. Few people care much about the rotating presidency of the Council of the European Union, which Austria assumed on July 1. It’s usually just a public relations opportunity for member states that otherwise get lit
July 10, 2018
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[Kim Seong-kon] On leaving Washington for Seoul
They say that it is a privilege to live in New York City or Washington. Both cities are famous tourist destinations, full of historic sites and monuments. Every year, millions of people from around the world come to visit them. Even inside the States, there are many Americans who have never been to Manhattan or DC. Indeed, not anybody can spend their lives watching the Empire State Building or the Washington Monument every day.Luckily, I have had the privilege of living in both New York and Wash
July 10, 2018
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[Shuli Ren] Unicorns are China’s innovative cavalry in trade war
A trade war can be fought on many fronts. As China breeds unicorns, they are being asked to stay at home rather than gallop overseas to enrich US investors. The US pipeline of Chinese initial public offerings has been light since President Donald Trump started making noises about tariffs in early March. The only billion-dollar offering is the pending sale by e-commerce site Pinduoduo, for which an American listing makes sense because it competes directly with Alibaba Group Holding Ltd and JD.com
July 10, 2018
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[Lee Jae-min] Saving us from a deluge of plastics
Use, separate and forget. These three words best describe plastic consumption in Korea. We use plastics a lot; we separate them meticulously; and then we forget.Korea uses plastic products heavily -- 420 plastic bags per person in 2015, which is six times more than Germany and 100 times more than Finland. Besides, our local governments operate such an efficient system of garbage separation and collection -- residents and households carefully read manuals and sort plastics. And that is pretty muc
July 10, 2018