Most Popular
-
1
Industry experts predicts tough choices as NewJeans' ultimatum nears
-
2
Jung's paternity reveal exposes where Korea stands on extramarital babies
-
3
Seoul city opens emergency care centers
-
4
Samsung entangled in legal risks amid calls for drastic reform
-
5
Opposition chief acquitted of instigating perjury
-
6
[Herald Interview] 'Trump will use tariffs as first line of defense for American manufacturing'
-
7
Agency says Jung Woo-sung unsure on awards attendance after lovechild revelations
-
8
[Exclusive] Hyundai Mobis eyes closer ties with BYD
-
9
[Herald Review] 'Gangnam B-Side' combines social realism with masterful suspense, performance
-
10
Why S. Korean refiners are reluctant to import US oil despite Trump’s energy push
-
Arab springtime may redraw borders
JERUSALEM ― Two things stand out in the Middle East since the Arab Spring began ― one that happened, and one that did not. What happened was that for the first time in modern Arab history, authoritarian regimes and rulers were toppled, or seriously challenged, by popular demonstrations, not ― as in the past ― through military coups.But what did not happen might be as important as what did. While dictators associated with military juntas were challenged overnight, the Arab Spring never came to th
May 1, 2012
-
U.S. Supreme Court should strike down Arizona’s law
This week, the U.S. Supreme Court heard arguments over Arizona’s controversial immigration law. Initial reports indicated the justices weren’t buying the Obama administration’s arguments against a provision that requires police officers to check the immigration status of people they think are in the country illegally.We hope that’s not the case. We think that provision and others in the law need to be struck down, and we hope the court upholds the primacy of federal law and agencies in dealing w
May 1, 2012
-
So long, Newt Gingrich
Never one to eat his words, Newt Gingrich is nonetheless being fed replay after replay of the famous ABC News clip in which he confidently declared, “I’m going to be the nominee.”That was Dec. 1. On Wednesday, the morning after Mitt Romney swept five presidential primaries, Gingrich’s campaign staff signaled that he would soon officially concede the obvious: Romney is the presumptive Republican presidential candidate.That Gingrich lasted this long is a testament to... what, exactly? Monomaniacal
May 1, 2012
-
[Kim Seong-kon] Progressives should abandon jingoism, xenophobia
It is quite puzzling that the progressives in South Korea are not progressive at all. In fact, many of them are stubbornly old-fashioned, and even hopelessly conservative. For example, most of them are invariably ultra-nationalists who oppose globalization, foreign cultures, and international cooperation mechanisms such as free trade agreements.They reject the very idea of living in the global village. They only think “our nation and our people” are important, and all others are trivial. Thus th
May 1, 2012
-
How to make poor kids $1 million richer
Anyone with half a brain knows that bolstering the middle class is critical to securing the future of the U.S. It’s a matter of national self-interest. Setting aside the misery of poverty for a minute, the rich need a skilled middle-class workforce to make their businesses successful or they won’t stay rich for long. Skills, of course, require education, which is why it’s nutty that Republican House members want to cut Pell grants and are making unreasonable demands in the debate over preventing
April 30, 2012
-
[Robert B. Reich] Being ‘on right track’ isn’t enough
Dear Mr. President:So far your election strategy can best be summed up as: “We’re on the right track, my economic policies are working, we still have a long way to go, but stick with me and you’ll be fine.”I’m afraid this won’t be enough to win you the election. The recovery is too anemic, and the chance of an economic stall between now and Election Day far too high.Even now, Mitt Romney’s empty “I’ll do it better” refrain is attracting as many voters as your “we’re on the right track.” Each of
April 30, 2012
-
How U.S. students can work off their debt
If your child is one of the 1.5 million high school students eagerly awaiting acceptance letters from colleges this month, he or she is probably entertaining dreams of high scholarship, intellectual ferment, new friends, raging keggers. You probably have a few other things on your mind. For starters, you may be thinking that the average annual cost of a four-year institution now exceeds $20,000. Or that outstanding student-loan debt surpasses $1 trillion. Or that defaults are rising, economic gr
April 30, 2012
-
Western translations distort China’s reality
A lot of people search endlessly for the secret key or a magic formula that would enable them to understand China. Naturally, at some point they will want to know how the Chinese are educated. The Middle Kingdom has many prestigious schools, but let us take a closer look at Peking University, the mother lode of the Chinese “wenming.”Wenming is often translated as “civilization,” but that is misleading. In a recent lecture at Peking University, the renowned linguist Gu Zhengkun explained that “we
April 30, 2012
-
[Hans-Werner Sinn] Capital flight from Spain, Italy, France in full swing
MUNICH ― For a while, it looked as if the European Central Bank’s 1 trillion euro credit program to pump liquidity into Europe’s banking system had calmed global financial markets. But now interest rates for Italian and Spanish government bonds are on the rise again, closing in on about 6 percent.Of course, this may not be the breaking point beyond which the debt burden becomes unsustainable. After all, interest rates in Southern Europe were well above 10 percent in the decade before the euro wa
April 30, 2012
-
How to Make Poor Kids $1 Million Richer
Anyone with half a brain knows that bolstering the middle class is critical to securing the future of the U.S. It’s a matter of national self-interest. Setting aside the misery of poverty for a minute, the rich need a skilled middle-class workforce to make their businesses successful or they won’t stay rich for long. Skills, of course, require education, which is why it’s nutty that Republican House members want to cut Pell grants and are making unreasonable demands in the debate over preventing
April 30, 2012
-
The truth about France’s ‘far-right’ surge
Are the French getting their Tea Party on? That’s what an outsider looking at the country’s first-round presidential voting results might have been led to believe. But, as with many things French, the reality is tres compliquee.The weekend vote knocked out all but the two candidates long expected to square off in the May 6 final: Socialist Francois Hollande (28.6 percent) and incumbent center-right President Nicolas Sarkozy (27.2 percent). This isn’t the story, though. The most striking news is
April 29, 2012
-
[David Ignatius] EU’s gathering financial fracas
WASHINGTON ― With Socialist leader Francois Hollande likely to become the next president of France, Europe’s hot populist anger is about to confront the cold austerity measures required by the eurozone, with a predictable result: a storm that rattles the foundations of the European economic house. Financial traders and treasury ministers this week are debating just how much damage this political-economic collision will bring. Some argue that it could take down the structure entirely. Others insi
April 29, 2012
-
[Philippe Maystadt] How to compete in Europe
LONDON ― Interest in the European Union’s competitiveness did not begin with the euro crisis. Safeguarding Europe’s advanced position in the world economy was, after all, a key motivation behind the creation of the single market. Since then, interest in EU competitiveness has risen further, spurred in particular by the challenge posed by countries like China.In order to ensure sustainable and inclusive economic growth in Europe, policymakers and the public must, above all, regard international t
April 29, 2012
-
Political futures hinge on Romney’s ‘Veepstakes’
With Mitt Romney all but officially anointed the Republican presidential nominee, the national political narrative now turns to the “Veepstakes”: who Romney will choose for his running mate. From a policy point of view, this is arguably the most important decision Romney will make in his presidential race.The importance of the vice president is not for electoral reasons ― even the most disastrous choices have been found to have a negligible impact on the electorates’ voting decision. Instead, as
April 29, 2012
-
Eritrea may be world’s most repressive nation
It might seem a daunting challenge to determine which of the world’s repressive nations offers the least-free news media. We have so many to choose from ― Iran, North Korea, Belarus ...But you may be surprised by the unanimity among organizations that study such things, like Reporters Without Borders, a French group. The consensus choice is Eritrea, a tiny nation most people cannot even pinpoint on a map.Eritrea, a desperately poor desert state about the size of Pennsylvania, lives in an ugly ne
April 29, 2012
-
How to put the IMF’s war chest to good use
Singapore’s decision to pledge $4 billion loan to the International Monetary Fund to help troubled economies must be seen as part of a broader international effort. It is necessary because, as a trading nation, Singapore is critically dependent on the health of the global economy. Should Europe’s crisis deepen, it could also spread far beyond the region. Singapore’s contribution is therefore an investment made in enlightened self-interest. Even if the funds are drawn down, the money will remain
April 29, 2012
-
Cows, pigs, chickens have drug problem
Much of the beef, pork or chicken we eat contains small amounts of antibiotics. The drugs are fed to animals so they can thrive in the crowded, often-fetid factory farms that dominate U.S. meat and poultry production. But giving animals a steady diet of these medicines has contributed to the increase of antibiotic-resistant bugs that can pose grave risks to humans. This isn’t news to the Food and Drug Administration, which has known since the early 1970s about the misuse of antibiotics in agricu
April 27, 2012
-
[Jeffrey D. Sachs] A world adrift without a leader
NEW YORK ― The annual spring meetings of the International Monetary Fund and the World Bank have provided a window onto two fundamental trends driving global politics and the world economy. Geopolitics is moving decisively away from a world dominated by Europe and the United States to one with many regional powers but no global leader. And a new era of economic instability is at hand, owing as much to physical limits to growth as to financial turmoil.Europe’s economic crisis dominated this year’
April 27, 2012
-
Responding to provocations from Vietnam
Taiwan claims sovereignty over two archipelagoes in the South China Sea. They are the Spratlys and Pratas, with troops being stationed on an island of each archipelago. The Spratly Island where some 100 Coast Guardsmen are deployed is known as Taiping Island, or “Peace Island,” though it isn’t quite peaceful any more.The vernacular China Time Magazine reported in a scoop last Friday that two Vietnamese armed patrol vessels came so close to Taiping on March 22 as to compel the Coast Guard Adminis
April 27, 2012
-
Tasks for TEPCO head
The government on April 19 picked Kazuhiko Shimokobe, a bankruptcy lawyer with vast experience in corporate restructuring, as chairman of Tokyo Electric Power Co. He headed the decision-making body of the Nuclear Damage Liability Facilitation Fund, a public entity that injects funds into TEPCO to help it pay compensation to victims of the accident at TEPCO’s Fukushima No. 1 nuclear power plant.So far, Shimokobe has been in a position to make demands on TEPCO concerning its management from outsid
April 27, 2012