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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[Noah Smith] China couldn’t keep growing like mad forever
China, not the US, is the world’s largest economy. Though the US is still tops when measured at market-exchange rates, China is about 20 percent larger after adjusting for the lower cost of goods and services there. The latter metric is what really counts, both in terms of standards of living and, probably, in terms of military purchasing power. With four times as many people as the US, it makes sense that China would eventually have a larger economy; it’s unlikely that any industrialized countr
May 24, 2018
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[Clive Crook] Europe’s Italian problem is bigger than Brexit
The new government finally taking shape in Italy is one of the weirdest coalitions you could imagine -- and a pretty effective combination if your aim was to sabotage the European Union. Although predictions about where this Italian misadventure is heading are difficult, it could easily be worse than Brexit for the EU. The coalition partners -- the left-populist Five Star Movement led by Luigi Di Maio and the right-populist League led by Matteo Salvini -- are poles apart in most respects, but c
May 24, 2018
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[Justin Fox] Ending China’s birth limits won’t bring a baby boom
It looks like China’s decadesold policy of limiting births is finally going to bite the dust. As Bloomberg News reports from Beijing: China is planning to scrap all limits on the number of children a family can have, according to people familiar with the matter, in what would be a historic end to a policy that spurred countless human-rights abuses and left the world’s second-largest economy short of workers. It would in fact be a historic move. Will it have much of an impact on China’s birth ra
May 24, 2018
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[Cass Sunstein] The destructive cycle of hating
There has been a great deal of discussion of social division and polarization in recent times, but those terms are inadequate. What besets the United States is much worse. Both the right and the left are increasingly defined by a form of Manichaeism, in which the forces of light are taken to be in a death struggle with the forces of darkness. We are in a Manichaean moment. Manichaeism was a religion founded in the third century by the prophet Mani, born in what is now Iraq. Seeking to synthesize
May 24, 2018
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[David Ignatius] In Russia probe, fringe characters take center stage
In the bizarre double helix that is the Russia investigation, one of the recurring themes is the role of would-be influencers. They start off as connectors and facilitators, but gradually (and implausibly) they move to the center of the story. That’s true with Stefan Halper, the retired American professor at Britain’s Cambridge University who has become the object of President Trump’s counter-witch hunt to expose a supposed FBI mole who infiltrated his campaign. The FBI is guarding Halper’s iden
May 24, 2018
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[Kim Kyung-ho] Moon lost on path to growth
In view of his publicized remarks, there seems to be no reason to doubt President Moon Jae-in’s will to push for innovation-driven growth by lifting regulations.On several occasions in the past months, Moon has called for drastic regulatory reforms, describing them as a foundation for innovation-led growth.Regrettably, his professed will has not led his administration to take substantive action.Moon expressed his discontent with what has been done so far in a meeting held last week to check the
May 23, 2018
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[Kim Myong-sik] Behind Kim Jong-un’s superb acting skills
Capricious, audacious, shrewd and merciless, yet enigmatic. These words are how South Koreans have branded North Korea’s supreme leaders over the seven-decade history of conflicts on the peninsula. The third and present ruler Kim Jong-un adds one remarkable feature, his superb acting skills. Of late, our extremely competitive TV channels gave the North Korean leadership almost as much exposure as the president of the Republic of Korea, both in frequency and air time. Therefore, we could closely
May 23, 2018
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[Cathy O’Neil] Let’s not forget how wrong our crime data are
Legalizing marijuana makes sense for a lot of reasons, but there’s one valuable thing we’ll lose when police stop arresting people for smoking pot: A sense of just how misleading our crime data are. Data on arrests and reported crime play a big role in public policy and law enforcement. Politicians employ them to gauge their success in making neighborhoods and the entire country safe. Police departments use them to determine where to deploy more officers to look for more crime. They are fed into
May 23, 2018
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[Nina Teicholz] Calories on menus won’t slim down America
Counting calories is now the law of the land. This month, a long-delayed regulation came into effect requiring all food chains with 20 or more locations to list calorie information on their menus. Nutritionists fought to include the rule in the Affordable Care Act as a means of fighting obesity. But it turns out the regulation is based on weak science.Until now, only a handful of cities mandated calorie counts in restaurants. In New York City, which pioneered the policy in 2008, menu labeling ha
May 23, 2018
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[John M. Crisp] Trump should cancel meeting with Kim Jong-un
The notion of a Nobel Peace Prize for President Donald Trump is a peculiar one, but only the most petty, hyperpartisan soul could wish for him to fail at the meeting currently scheduled for June 12 in Singapore. A lot is at stake. Events are moving quickly, but at this writing both the meeting itself and its chances for a successful outcome appear to be in jeopardy. The seemingly good-willed rapprochement that began with North Korea’s attendance at the recent Winter Olympics has largely evaporat
May 23, 2018
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[Michael Pettis] Even $200 billion isn’t enough
Questions remain about just how many more US exports China’s promised to buy to avert a trade war: US officials have floated the figure of $200 billion annually, which would cut the bilateral trade deficit in half. Even if that were true, however -- and Chinese officials have denied it -- that massive buying spree wouldn’t bring down the overall US trade deficit one whit. China should be able to rebalance its trade relationship with the US relatively quickly by reorienting its purchases of indus
May 22, 2018
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[Kim Seong-kon] Advice for young Koreans from Admiral Yi
Recently, someone sent me a list of “Admiral Yi Sun-sin’s advice.” Admiral Yi was a celebrated Korean Navy general who successfully defended his country at sea from the Japanese invasion in 1592. Totally unprepared for war, the Joseon Dynasty was short of battleships, soldiers, and supplies. Under these hopeless circumstances, Admiral Yi emerged as a brilliant tactician and a true war hero who valiantly fought for his country and countrymen against all odds. Amazingly, he fought twenty-three tim
May 22, 2018
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[Julian Lee] Russia flexes its soft power muscles
Oil has touched a level above $80 a barrel for the first time since November 2014. OPEC’s inventory target for output cuts has been met. But even though its oil companies want to turn on the taps and its finance ministry may be worried about prices rising too far, Russia won’t bring its output deal with the group to a juddering halt when the participants meet in Vienna next month. Instead, it will stand alongside its Saudi partner and continue to toe the line on production restraint. Its partici
May 22, 2018
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[John R. Eperjesi] The mephitic breath of global warming: PM2.5 as hyperobject
In Hyperobjects: Philosophy and Ecology after the End of the World, Timothy Morton observes that, “You can no longer have a routine conversation about the weather with a stranger. The presence of global warming looms into the conversation like a shadow, introducing strange gaps.” These days in Seoul, South Korea, you can no longer have routine conversations on the street about the weather due to the simple fact that your and your interlocutor’s faces are probably both covered in air pollution ma
May 22, 2018
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[Amy Nathan] You’re never too old, busy or rusty to make music
Eighty-five percent of adults in the US who do not play a musical instrument wish they had learned to play one, according to a 2009 Gallup Poll; 69 percent would like to play one now. Nearly all believe musical skills can be learned at any age. Yet a 2012 National Endowment for the Arts survey found that just 12 percent of US adults were playing musical instruments. This gap between aspiration and actuality occurs despite research that shows that making music, as a pro or amateur, is good for th
May 22, 2018
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[Noah Smith] Resentment of crazy-rich Americans isn’t just envy
In the forthcoming movie “Crazy Rich Asians,” an American woman discovers that her boyfriend belongs to Singapore’s secretive, obnoxious jet set. It’s fun to laugh at the ultrarich when they’re just a caricature on a screen. But it’s possible that the increasing visibility of crazy rich Americans is fueling rising anger about inequality. In the past few decades, the US has greatly improved its social safety net. And the country’s middle class has seen real income gains. But a 2015 New York Times
May 21, 2018
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[Matthew Mitchell] Sports wagering has an unlikely foe
Last week the Supreme Court ruled in favor of an issue that seems to be nearing a tipping point in terms of public acceptance: sports betting. But will it be enough to overcome staunch opposition from those who stand to lose the most? Time will tell. Back in 2011, New Jersey voters overwhelmingly approved an amendment to their state constitution to allow sports betting in the Garden State and the following year, then-Gov. Chris Christie signed a law permitting the practice. In doing so, he chall
May 21, 2018
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[Aryeh Neier] Where free speech ends
I have long defended freedom of speech for all, even those expressing the most appalling views. Yet I applauded when a United Nations court sentenced Vojislav Seselj, a Serbian politician, to ten years in prison for inciting war crimes with a nationalist speech in the former Yugoslavia during the early 1990s.Freedom of speech is a fundamental human right. That is why, when I was the executive director of the American Civil Liberties Union in 1977, I defended that right for a group calling themse
May 21, 2018
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[Leonid Bershidsky] How Europe can keep money flowing to Iran
The determination of European nations, Russia and China to keep the 2015 nuclear agreement with Iran alive isn’t necessarily futile. Europe has more influence than the US on SWIFT, the Brussels-based global payments network. The system was founded in the 1970s by a group of global banks that wanted to standardize the way they shared transaction information, instead of letting each country, or even big banks, impose their own standards. SWIFT is owned by its members and provides the backbone of m
May 21, 2018
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[Markos Kounalakis] Trump moves fast and breaks things to disrupt world
Hang out in any Silicon Valley cafe and the word “disruption” is sure to be uttered at a nearby table. It is the keyword to unlock funding for forward-leaning ideas and the approach toward cutting out the middle man in transactions, leaving behind the inefficiencies in mediation, and burying the slow-to-change and inertia-bound in industry. Disruption is everything and everyone wants a piece of it. Including the American people. Disruption has hit every industry, from car transportation services
May 21, 2018