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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NewJeans to terminate contract with Ador
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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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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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[Therese Raphael] Wenger wasn’t just a soccer coach
The leader of what was once considered one of the best-managed soccer clubs in the world stepped down Friday and the Twittersphere erupted in two opposite directions: jubilation and sadness. Half of English football fans seem to regard the departure from the Arsenal Football Club of 68-year-old Arsene Wenger as coming years too late. The other half rues the brutality of a changing industry that turned his virtues into handicaps. Wenger was enormously successful and his club was nicely profitable
April 24, 2018
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[The Nation] What happened to America ‘for the people’?
Police around the world are supposedly there “to serve and protect,” and yet we see the current showdown between a former chief of the US Federal Bureau of Investigation and President Donald Trump sinking America’s already shaky democracy further into jeopardy. Elected leaders are of course mandated to assemble their own teams of specialists on agriculture, finance, public welfare and the like, but the police represent a different kind of institution, assigned a singular task, and that is ensuri
April 23, 2018
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[Barry Ritholtz] Billionaire Bezos and warehouse workers
We have just learned that the median salary of employees at Amazon.com is $28,446, excluding its chief executive officer and founder, Jeff Bezos. That pitiful number raises an intriguing question: Is Amazon a high-paying tech company or a low-wage retailer?“Both” is the obvious answer, but to this Amazon aficionado that answer is incomplete.The pay figure, which was disclosed for the first time in Amazon’s annual proxy statement, reflects the large number of low-paid retail and warehouse employe
April 23, 2018
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[Slawomir Sierakowski] Germany’s populist temptation
Because populism is not an ideology in itself, it can easily appeal to mainstream political parties seeking to shore up flagging electoral support. There are always politicians willing to mimic populist slogans and methods to win over voters, even if doing so divides their own party. This has been proven by Republicans in the United States, Conservatives and Labourites in the United Kingdom, and Les Republicains under the new leadership of Laurent Wauquiez in France.But the most ominous manifest
April 23, 2018
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[Bloomberg] Cuba after the Castros
When Cuba’s President Raul Castro hands over power, the change will be more symbolic than substantive. The 86-year-old Castro will remain party leader until 2021 -- and his handpicked successor, Miguel Diaz-Canel, wasn’t chosen for his determination to dismantle Cuba’s police state or abandon its socialist economic system. Nonetheless, the end of the Castros’ era is an opportunity for change, and Diaz-Canel has every reason to try to seize it.Cuba’s economy is in a truly dismal state. After year
April 23, 2018
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[Bandy X. Lee] Peace or war on Korean Peninsula?
One of the most critical roles of a president is to negotiate terms of peace and war. The fate of a nation, or even the world, could hang in the balance; a misstep could plunge humanity into a worldwide war, but the right step could bring about long-awaited peace. A sudden and intense interest in the American president since his agreement to a US-North Korea summit took me to South Korea as editor of the book “The Dangerous Case of Donald Trump.” More than two dozen top mental health professiona
April 23, 2018
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[Matthew Winkler] Trade wars don’t faze this US-China investor
The steadfast stock market of 2017 turned into a roller coaster this year by the time President Donald Trump tweeted, “When a country (USA) is losing many billions of dollars on trade with virtually every country it does business with, trade wars are good, and easy to win.” The rhetoric directed at China soon became Trump tariffs on imported aluminum and steel. China responded with duties on 128 products. Daily price fluctuations of publicly traded companies caught in the US-China crossfire are
April 22, 2018
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[David Ignatius] Space: the new frontier of warfare
Sitting at the controls of a Boeing space-flight simulator, “docking” the company’s planned “Starliner” craft with an imaginary space station, you begin to understand why the Pentagon is so focused on such advanced systems. Space is the new frontier of warfare. That was the theme of a “Space Symposium” here this week that gathered thousands of military and corporate experts from around the globe. A version of the Boeing simulator may someday be training the 21st-century version of fighter pilots
April 22, 2018
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[Eli Lake] Trump is not Nixon and North Korea is not China
If you Google “Trump,” “Nixon” and “China,” you will find billions of pixels devoted to comparing the 37th president’s breakthrough with Beijing to the potential summit between Donald Trump and Kim Jong-un. The parallel is understandable. It took a committed anti-communist to open relations with Communist China. Perhaps it will take a president who threatened “fire and fury” to open ties to the leader he called “little rocket man.” In 1972 when Mao Zedong hosted President Richard Nixon in Beiji
April 22, 2018
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[Hal Brands] New threat to the US: the axis of autocracy
It sounded like an echo of Sino-Soviet alliance of the 1950s and 1960s when China’s new defense minister, Wei Fenghe, said at a meeting in Moscow this month, “The Chinese side has come to show Americans the close ties between the armed forces of China and Russia.” A full-blown military alliance remains a long ways off, of course, and it is easy to dismiss Wei’s remarks as rhetorical posturing. But that would be a mistake, because Wei nonetheless captured an ominous feature of world politics tod
April 22, 2018
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[Trudy Rubin] After missile strike, will Trump or Putin be seen as the winner?
The weather was gloriously sunny here in Moscow on Monday and Tuesday, as if to celebrate the release of tension over the possibility that Saturday’s US missile strike in Syria would lead to US-Russia fighting. Perhaps the most significant lesson of the strike is that the military de-confliction channels between Washington and Moscow still work. Oblivious to recent tensions, crowds of tourists wandered around the Kremlin walls and St. Basil’s Cathedral on Red Square and the nearby mall inside th
April 22, 2018
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[Justin Fox] Mexico didn’t hit the NAFTA jackpot
Since 1993, the year before the North American Free Trade Agreement went into effect, per capita gross domestic product in Mexico is up about 26 percent in real terms. That’s a lot better than the outright decline in per capita GDP that the country had experienced over the course of the 1980s. But it’s nowhere close to the 41 percent gains in real GDP per capita experienced by Canada and the US, the other signatories of Nafta, not to mention China, where GDP per capita is up more than 600 percen
April 20, 2018
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[Markos Kounalakis] First Lady Barbara Bush made a difference. Can Melania?
First ladies since Eleanor Roosevelt have developed over the years to do more than serve merely as White House hostess-in-chief. Barbara Bush took on an issue, applied her passion, and tried to move the needle on literacy. It’s now time to deploy Melania Trump where she can potentially make a difference. It’s time for her to visit her Central European home region to try and bring those countries back to the American fold. Foreign-born and bred, Melania is the first modern first lady who cannot a
April 20, 2018
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[Jeffrey Frankel] Why China won’t yield to Trump
Last month, US President Donald Trump enacted steel and aluminum tariffs aimed squarely at China. On April 2, China retaliated with tariffs on 128 American products. Trump then announced 25 percent tariffs on another 1,300 Chinese products, representing some $50 billion of exports. In response, China threatened 25 percent tariffs on 106 US exports (including soybeans, cars, and airplanes), to go into effect whenever the US tariffs do.Yes, if these measures go into effect, it will amount to a tra
April 19, 2018
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[Trudy Rubin] Russian TV news exacerbates disconnect between Putin and the US
As I was preparing to leave for Moscow, Russian friends were telling me that the TV talk shows -- in expectation of a US missile strike on Syria -- were hyping the advent of World War III. President Donald Trump had warned Russia that the “missiles were coming.” But by the time I arrived late Sunday, the mood had totally shifted. Neither TV news, nor Russians I spoke with, were talking about war. US military officials had given prior warnings to Russian counterparts: the strikes on three Syrian
April 19, 2018
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[Leonid Bershidsky] Why Germany didn’t join the Syria strikes
Former German Defense Minister Karl-Theodor zu Guttenberg has mockingly remarked that the German government’s decision to back the US, British and French strikes in Syria with rhetoric but not with missiles “has shown once again that it’s a grandmaster of dialectics.” US President Donald Trump may snort in agreement. But Chancellor Angela Merkel’s Hegelian approach to geopolitics makes more sense than her Western allies’ willingness to rattle their weapons. Merkel’s statement on Saturday morning
April 19, 2018
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[Jessica Fanzo] The whole world needs to eat better
The food that people eat has become a major risk factor for disability and death worldwide. Yet countries and their philanthropic supporters seem not to be paying attention. They‘re investing far too little in improving diets and preventing nutrition-related disease. The problem is part of a larger trend in human mortality. Until recently, in many low- and middle-income countries, malaria, diarrhea and other infectious diseases were the biggest killers. While such illnesses are far from being er
April 19, 2018
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[Tyler Cowen] North Korea Talks: Here’s What a Pragmatist Could Hope For
It’s been confirmed that CIA Director Mike Pompeo held direct talks with Kim Jong-un in North Korea, and negotiations between Kim and President Donald Trump really do seem in the offing, so we need to ask how such negotiations might actually succeed. There are indeed reasons to be optimistic, but not because I see high odds of striking a workable deal with the North Korean totalitarian regime to abandon its nuclear ambitions. Instead, the best realistic scenarios would have the North Korean lead
April 19, 2018
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[Kim Byoung-joo] New thinking needed on GM Korea
No one seems to see much of a future for GM Korea these days. The pessimistic mood seems to be reaching its bottom now, as we see the union workers storming into offices of top executives demanding their bonuses and the company announcing it would soon run out of cash to pay its parts suppliers.Critics say the unionized workers are determined to get as much money in their hands as possible before the company folds up. Observers have long sensed that GM’s leadership was preparing for a complete p
April 19, 2018
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[Heidi Stevens] Some white people don’t think black lives matter
On Saturday I drove with my family to Peoria, Illinois, for an athletic competition. We stopped at a gas station off Interstate 55 to use the restroom. The station sold fishing tackle and snacks. It also sold bumper stickers. One of them said “Black Trucks Matter.” Two days earlier, on Thursday, a 14-year-old African-American boy, Brennan Walker, overslept and missed his school bus. He started walking to school, trying to re-create his bus route, but he got lost. He approached a house in a subdi
April 18, 2018