Most Popular
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NewJeans to terminate contract with Ador
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NewJeans terminates contract with Ador, embarks on new journey
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Korean Air gets European nod to become Northeast Asia’s largest airline
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Seoul snowfall now third heaviest on record
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Heavy snow of up to 40 cm blankets Seoul for 2nd day
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Chaos unfolds as rare November snowstorm grips Korea for 2nd day
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BOK makes surprise 2nd rate cut to boost growth
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‘VCHA, Katseye and Dear Alice are not K-pop groups,’ industry experts say
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11 injured in 53-car pileup on icy road in Wonju
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[Graphic News] South Koreans favor Japan for repeat overseas trips
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[George Magnus] Trump‘s trade policies only make the dollar stronger
Donald Trump is off to a controversial start as US president, but for the most part financial markets have been fairly relaxed about American and global economic prospects despite the lack of any precise contours for the new administration’s fiscal strategy. In fact, the markets have barely discounted the risks of trade and currency conflicts. What they should prepare for is a significantly stronger US dollar, and greater weakness in US bonds, commodities and emerging markets. The implications f
Feb. 12, 2017
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[Other View] A Republican carbon tax
Some Republicans have grown tired of fighting the rest of the world on climate change. As economists, religious and military leaders, ordinary Americans and even oil companies have joined the push to lower greenhouse gas emissions, Republicans have, for the most part, resisted. But now, a group of conservative economists and former Republican officials are recommending their party reverse course -- dramatically. The US, they say, should enact a nationwide tax on carbon emissions. It’s a smart id
Feb. 12, 2017
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[Justin Fox] The bureaucrats’ legitimacy crisis
These are interesting times to be a federal bureaucrat. You know, in the “may you live in interesting times” sense. President Donald Trump’s executive order on immigration unleashed a wave of dissent in the State Department -- and a warning from White House press secretary Sean Spicer that dissenters should “either get with the program or they can go.” US Rep. Patrick McHenry, a member of the House Republican leadership, sent a letter to Federal Reserve Chair Janet Yellen last week demanding tha
Feb. 12, 2017
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[Los Angeles Times] Appeals court rightfully blocks travel ban
Thank God that at least part of the US government is functioning as it ought to. On Thursday, a three-judge panel of the 9th Circuit Court of Appeals upheld a temporary freeze on the president’s misguided ban on travel from seven mostly Muslim countries and his suspension of refugee resettlements. Ostensibly, President Trump wants to suspend the refugee program and freeze immigration from the seven countries in order to give his administration time to review how the government vets visa and asyl
Feb. 12, 2017
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[Adam Minter] Smartphones have an unexpected new rival
Last week, an Indian government official announced that iPhones will start rolling off an assembly line in Bangalore by the end of April, targeted at local customers. It’s a big moment for Apple, which is counting on India’s emerging middle class to make up for slowing sales in other markets. But don’t bet on the iPhone conquering India, or any other emerging market, just yet.That’s because smartphones of all kinds are facing stiff competition from an unlikely new challenger: Feature phones. Wit
Feb. 10, 2017
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[Other View] Plain on Ukraine: US policy needs to become unambiguous
What is happening in eastern Ukraine is gaining attention for two reasons: the likely financial involvement in Ukraine’s affairs by President Donald Trump and some of his close advisers, and the fact that fighting there has resumed between US-backed Ukrainian forces and Russian-backed Ukrainian separatists. US support of Ukrainian government forces and Russian support of Ukrainian separatists is troubling. The conflict continues to evolve into a proxy war between Russia and the United States. Th
Feb. 9, 2017
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[Jonathan Bernstein] Donald Trump, paper tiger
Republicans in the US Congress and others in the party are apparently concerned that President Donald Trump, or perhaps voters besotted with the president, will target them should they oppose him. The truth is Trump has yet to demonstrate any kind of impressive capacity for inflicting political damage. Oh, yes, Trump is clearly capable of tweeting all sorts of nasty things about those he considers his enemies. He won‘t address their arguments; he’ll level petty, personal attacks. No doubt those
Feb. 9, 2017
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[Bloomberg] Why Not Make Economics a Science?
Economists have come to rival even journalists and politicians in lack of public esteem. That might be partly because so many economists seem as interested in journalism and politics as in advancing their science. But there’s also a deeper problem: Far from advancing, the science of economics has been going backwards.Economists tend to be either practitioners or theorists. Practitioners on Wall Street, in central banks, and in government aim to say where the economy is headed and offer advice on
Feb. 9, 2017
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[Slawomir Sierakowski] The Female Resistance
Antagonism is mounting between today’s right-wing populists and a somewhat unexpected but formidable opponent: women. In the United States, much like in Poland, women’s rights have been among the first targets of attack by populist leaders. Women are not taking it lying down.Traditional conservatism in the West has largely come to terms with the need to grant women broad reproductive freedom. Today’s right-wing populist administrations, by contrast, are downright pre-modern in this regard, attem
Feb. 9, 2017
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[Leonid Bershidsky] A New Reason for Foreigners to Avoid Google and Facebook
A Philadelphia court has made the unfortunate decision to reopen the legal debate on whether the US has the right to access emails stored on foreign servers if they belong to US companies. If Magistrate Thomas Rueter‘s ruling stands, anyone using US-based internet companies will have to live with the knowledge that, as far as the US government is concerned, it’s America wherever they operate.That‘s a dangerous approach that hurts the international expansion of US tech companies. Privacy-minded c
Feb. 9, 2017
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[David Ignatius] Can Flynn rein in the national security apparatus amid Trump‘s disruption?
Of the many puzzles posed by Donald Trump’s administration, the role of the National Security Council is among the trickiest. The NSC usually tries to act as an “honest broker” among cabinet agencies. But how will it function under a headstrong president who sees his role as disruptor and tweeter-in-chief? This challenge falls to national security adviser Michael Flynn, a retired Army general who holds a position once filled by such luminaries as Henry Kissinger, Zbigniew Brzezinski and Brent Sc
Feb. 9, 2017
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[Andrew Sheng] Crisis of the West or crisis of faith?
Over the Lunar New Year holidays, we were all treated to “The Trump Reality Show,” changing the world we thought we understood with various tweets or executive orders. This behavior reminded me of Chinese philosopher Zhuangzi waking up and not being sure if he was a man dreaming that he was a butterfly, or a butterfly dreaming that it was a man. Trump is either a butterfly disguised as president or a truly smart politician disguised as a butterfly. The tragedy is that the rest of us have to liv
Feb. 9, 2017
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[Other View] Trump’s chance to act on Iran
Iran’s recent test of a medium-range ballistic missile is an early indicator it doesn’t fear the bellicose rhetoric of Donald Trump any more than it did the passive approach of Barack Obama. Unfortunately, the Trump administration’s immediate response -- National Security Adviser Michael Flynn said the US is “officially putting Iran on notice” -- seems straight out of the Obama playbook. The president needs to get beyond his vague campaign statements about standing up to Iran. When the regime br
Feb. 8, 2017
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[Kim Ji-hyun] What is Korea fighting for?
At my neighborhood Starbucks, there’s a Japanese barista who always manages to say a few words of Korean to me. It’s a simple but gratifying gesture, and I always enjoy the short exchange. But he is one of the few people I meet who goes out of his way to be nice to Koreans. I hear that only a few years ago, during the “Hallyu boom,” there were many more like him, and that Japanese people were eager to learn and speak Korean and invited Korean celebrities on TV and for concerts. At the time, anyt
Feb. 8, 2017
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[Malcolm Lazin] Religious exemption would open up sanctioned discrimination
President Trump would be ill-advised to sign a proposed executive order that exempts religious organizations that provide federally funded services from nondiscrimination provisions. The exemption is supported by, among others, socially conservative organizations such as the Family Research Council and the Family Leader. Tony Perkins, president of the Family Research Council, has said of the president and the exemption, “He gets it. They will have to fix it and they will. I am confident they wil
Feb. 8, 2017
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[David Ignatius] Arab Spring, six years later
The Arab Spring may seem like a distant memory, but a new report by a team of Arab and American analysts argues that across the Middle East people still feel the same yearning for better governance and rule of law that motivated protesters in Cairo’s Tahrir Square.The persistence of this vision of more modern and just government is important to remember, especially at a time when the Trump administration is so focused on the threatening image of Islamist extremism. The study is a reminder that m
Feb. 8, 2017
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[Robert Park] ‘Peacefully’ remove Kim Jong-un
Seoul’s Ministry of Unification confirmed last week that Kim Won-hong -- a monstrous figure who had overseen the North’s Ministry of State Security from April 2012 -- had been demoted and dismissed.As the North’s state security chief, Kim, in his 70s, supervised the agency responsible for an extensive network of concentration camps where mass murder and Nazi-like atrocities have taken place -- essentially unanswered -- for decades. “Ministry of State Security” is plainly a euphemism to obscure t
Feb. 8, 2017
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[Jacek Rostowski] Trump’s chaos theory of government
In the weeks since Donald Trump’s inauguration as president of the United States, it has become clear that he intends to roll back the progressive-egalitarian agenda that is commonly associated with “political correctness” to the starting block -- not just in the United States, but globally. Stephen Bannon, Trump’s White House Svengali and former CEO of the extreme right Breitbart News, has long pursued this ideological project, and we now know that what he or Trump says must be taken both serio
Feb. 8, 2017
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[Other View] Guns for the mentally incompetent
Of all the measures to improve gun safety, background checks are among the most reasonable and popular. House Republicans lost no time this week in voting to weaken them. A bill approved on a mostly party-line vote in the House would rescind a rule on gun background checks that was initiated by the Barack Obama administration in 2012 and finalized in December. President Donald Trump is expected to sign the bill after its likely passage by the Senate. The rule requires the Social Security Adminis
Feb. 7, 2017
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[Kim Seong-kon] Invisible men and women in our society
Koreans tend to stereotype people based on their hometown and alma mater. When two people meet for the first time in Korea, they usually ask, “Where are you from?” and “What school did you graduate from?” Once, you know the other’s home province, you no longer see him; you see his hometown, and your perception is tinged with regional prejudice. Likewise, once you know his alma mater, all you see is the prestige of his school, not the inner quality of the person. In Korea, therefore, you are invi
Feb. 7, 2017