Most Popular
-
1
NewJeans to terminate contract with Ador
-
2
NewJeans terminates contract with Ador, embarks on new journey
-
3
Korean Air gets European nod to become Northeast Asia’s largest airline
-
4
Seoul snowfall now third heaviest on record
-
5
Heavy snow of up to 40 cm blankets Seoul for 2nd day
-
6
Chaos unfolds as rare November snowstorm grips Korea for 2nd day
-
7
BOK makes surprise 2nd rate cut to boost growth
-
8
‘VCHA, Katseye and Dear Alice are not K-pop groups,’ industry experts say
-
9
[Graphic News] South Koreans favor Japan for repeat overseas trips
-
10
Japan will pay for failing to honor promises, minister says
-
[Chicago Tribune] Trump confronts NATO’s free riders
NATO is a 28-nation alliance built on the premise that an attack on one member is an attack on every member. That’s a healthy dose of reassurance in a world where terrorism and Russia pose menacing threats. Yet 23 of those countries don’t pay their fair share for that NATO protection. The US bears most of the burden for propping up NATO, a longstanding disparity previous administrations, including Barack Obama’s, have groused about but never tackled. Until last week, when the Trump team gave its
Feb. 21, 2017
-
[Lee Jae-min] Playing with Lego -- again?
It’s about time -- though it has actually come earlier than expected: The national Lego bricks game that comes once every presidential election, which often involves so much governmental reorganization that it resembles playing with the toy. You have interlocking bricks, parts and connectors of all sorts. Let your imagination unfold by moving and shifting them around. Here comes a dragon. With some pulling and plugging, you turn the dragon into a car. An airplane in the next half hour. Onward to
Feb. 21, 2017
-
[Bloomberg] Trump’s immigration raids aren’t the problem
By one measure, President Donald Trump’s immigration policy is one-third as harsh as his predecessor’s -- but it has generated at least as much if not more controversy. This is unfortunate, both because this particular controversy is unjustified and because it distracts from bigger problems.Federal agents made 680 arrests in a series of immigration raids last week, sparking shock and alarm among immigrant communities that mass deportations are in the offing. Yet that number was one-third of the
Feb. 20, 2017
-
[Barry Ritholtz] The investing pros and cons of Trump
We all live in our own self-made bubbles. It is a never-ending effort to get outside that filter to find out what we might be missing. One way I try to do that is by listening to people who manage money for clients. It is always fascinating to learn what they are hearing from the front lines.There are lots of topics that come up -- the Federal Reserve, interest rates, equity valuations and so on. But these days, nothing dominates the conversation so much as the surprising start of Donald Trump’s
Feb. 20, 2017
-
[Tony Karon ] Trump and the rebirth of press freedom
US President Donald Trump’s administration has shocked the mainstream press by bullying news outlets and unabashedly trafficking in “alternative facts” (also known as lies). But Trump’s challenge to the media status quo may not be an entirely bad thing: journalists now have an opportunity to root out the bad habits associated with cozying up to those in power.Trump’s chief strategist, Stephen Bannon, drew gasps recently when he told the New York Times that the news media represent “the oppositio
Feb. 20, 2017
-
[Browne, Ischinger, Ivanov and Nunn] Ensuring Euro-Atlantic security
The chasm between Russia and the West appears to be wider now than at any point since the Cold War. But, despite stark differences, there are areas of existential common interest. As we did during the darkest days of the Cold War, Americans, Europeans, and Russians must work together to avoid catastrophe, including by preventing terrorist attacks and reducing the risks of a military -- or even nuclear -- conflict in Europe.Ever since the historic events of 1989-1991 changed Europe forever, each
Feb. 20, 2017
-
[Park Sang-seek] Liberal internationalism and its discontent: A global wind of change
When the British decided to leave the EU, Nigel Farage, leader of the UK Independence Party, called June 23, 2016, British Independence Day and Brexit a victory against big business and “big politics.”US President Donald Trump in his inaugural address shouted the “America first” principle and declared “what truly matters is not what party controls our government but that people should become the rulers of the country again.” In France, Marine Le Pen, leader of the National Front, praised Brexit
Feb. 20, 2017
-
[Other View] Investigate Trump’s Russia ties
To recap a few anarchic days in Donald Trump’s Washington: At least six agencies are investigating Trump’s ties to Russia. The president is deriding the spies. The spies are keeping secrets from the president. The White House is mulling a purge. Everyone is leaking to the news media. And no one has any answers.If there’s one certainty in this increasingly troubling episode, it’s that Congress must get to the bottom of it. The question now is how to do so in a way that instills confidence in the
Feb. 20, 2017
-
[Andreas Weigend] Should we be paid for our data?
Data are the most important resource of the 21st century. The capacity to transform raw data into decision-making recommendations is changing the world in ways that rival the Industrial Revolution.Much of the data being created and shared are about our personal lives: where we live, where we work, where we go; who we love, who we don’t and who we spend our time with; what we ate for lunch, how much we exercise and which medicines we take; what appliances we use in our homes and which stories gra
Feb. 19, 2017
-
[Cass R. Sunstein] What impeachment meant to the founders
In light of the recent White House controversies, it is inevitable that some people are starting to wonder whether, at any point, President Donald Trump might be impeachable. The best way to answer that question is to bracket controversies about any particular president and to ask: What, exactly, does the Constitution say about impeachment?As we shall see, Nancy Pelosi, the House minority leader, was altogether wrong to proclaim that the president cannot be impeached unless he has broken the law
Feb. 19, 2017
-
[Yoon Young-kwan] The Art of the North Korean Deal
US President Donald Trump’s surprisingly restrained reaction to North Korea’s latest ballistic missile test has left many observers wondering what his next move will be. Trump has publicly declared that North Korea’s goal of developing a nuclear-capable missile that can reach the United States “won’t happen.” But what, specifically, will he do to prevent it?Some might advise the Trump administration to launch preemptive strikes on North Korea’s nuclear facilities. But this is a dangerous and ine
Feb. 19, 2017
-
[David Ignatius] Flynn may be gone, but serious questions remain
President Trump confronts complicated problems as the investigation widens into Russia‘s attack on our political system. But his responsibilities are simple: A month ago, he swore an oath that he would “faithfully execute” his office and “preserve, protect and defend the Constitution of the United States.” That’s apparently easier said than done. In a rambling press conference Thursday and his blizzard of tweets, Trump has dismissed inquiries into his campaign‘s contacts with Russia and denounce
Feb. 19, 2017
-
[Bloomberg] The Fed Should Raise Rates Next Month
Inflation in the US rose in the year that ended in January by 2.5 percent -- faster than expected, and well above the Fed’s target of 2 percent. It was the latest sign that the economy needs a rise in interest rates when the Federal Reserve’s policy-making committee meets next month.Before the new inflation number, most analysts had thought the next rise would come later in the year. Afterward, it looked like a closer call, with trades in derivatives suggesting a probability of roughly 40 percen
Feb. 19, 2017
-
[Other View] Reagan’s Russian roadmap for Trump
US Secretary of Defense James Mattis and NATO Secretary-General Jens Stoltenberg have taken a tough line against Russia’s many recent provocations. Other than calling for all members of the alliance to pay their fair share of the military bill, however, they have offered no real plan of action. Russia’s aggressions call for a stronger response. While Mattis is right to tweak the Europeans for slipping on defense spending, the metric that is repeatedly cited -- committing 2 percent of gross domes
Feb. 19, 2017
-
[Noah Smith] Monopolies are worse than we thought
Economists are increasingly turning their attention to the problem of monopoly. This doesn’t mean literal monopoly, like when one utility company provides all the power in a city. It refers to market concentration in general -- when an industry goes from having 20 players to having only 10, or when the four biggest companies in an industry start taking a bigger and bigger share of sales. This sort of creeping oligopoly acts much like a literal monopoly -- it raises prices, limits market size and
Feb. 17, 2017
-
[Ramesh Ponnuru] Trump fails two tests of judgment and competence
Michael Flynn’s resignation as national security adviser has rightly received more attention, but it wasn’t even the first personnel snafu in the administration that week. It wasn’t even the first national-security personnel snafu that week. A few days earlier, President Donald Trump had denied Secretary of State Rex Tillerson’s request that Elliott Abrams be nominated to be his deputy.These two stories tell us a few things about how the Trump administration operates.Trump wants loyalists. Flynn
Feb. 17, 2017
-
[Other View] Maduro’s inability to admit failure fuels Venezuela’s continuing collapse
For the first time, Venezuelans are at the front of the line in the number of asylum seekers in the United States. Given the sorry state of their homeland, it’s not hard to believe. The numbers tell the story of their ailing country. According to the US Citizenship and Immigration Service, 18,155 Venezuelans sought asylum in the nation last year. That figure represents an increase of 150 percent from 2015, and six times more than in 2014, according to an Associated Press report.Today, it’s safe
Feb. 17, 2017
-
[Leonid Bershidsky] How to raise oil prices without really cutting
Oil producers appear to have pulled off quite the coup: the price of Brent crude has jumped more than 20 percent since late September while precious little has changed on the supply side.In November, the Organization of Petroleum Exporting Countries and other producers, notably Russia, agreed to the first production cuts in eight years. Nations have since complied with their commitments or even reduced output more than expected. Yet the changes are small in absolute terms, as January numbers rel
Feb. 16, 2017
-
Trump cabinet, inner circle, raise concerns; not confidence
It’s troubling enough that Jefferson Beauregard Sessions III was confirmed as attorney general, considering he was rejected for a federal judgeship in 1986 because of his comments on race. But Sessions joins a list of Trump administration appointees and nominees who have extreme views or lack experience to run the agencies they plan to oversee.Education Secretary Betsy DeVos, a billionaire, showed an embarrassing lack of knowledge about public education during her confirmation hearing.Housing an
Feb. 16, 2017
-
[Robert Park] Freedom from the vortex of one-upmanship
On Dec. 22, US President Trump tweeted “The United States must greatly strengthen and expand its nuclear capability,“ adding “Let it be an arms race” in an interview. He alerted rivals the US “will outmatch them at every pass and outlast them all,” effectively sealing as a fait accompli to Kim Jong-un’s inexorable drive towards comprehensive-capability nuclear weapons systems. His stance violates the Nuclear Non-proliferation Treaty — the framework oft-invoked to pressurize the North to disarm —
Feb. 16, 2017