Most Popular
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Actor Jung Woo-sung admits to being father of model Moon Ga-bi’s child
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Wealthy parents ditch Korean passports to get kids into international school
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Man convicted after binge eating to avoid military service
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First snow to fall in Seoul on Wednesday
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Final push to forge UN treaty on plastic pollution set to begin in Busan
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Korea to hold own memorial for forced labor victims, boycotting Japan’s
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Nvidia CEO signals Samsung’s imminent shipment of AI chips
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Job creation lowest on record among under-30s
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NK troops disguised as 'indigenous' people in Far East for combat against Ukraine: report
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Opposition leader awaits perjury trial ruling
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[Michael Pettis] Can China really rein in credit?
China’s regulators, it seems, are on the attack. Guo Shuqing, chairman of the China Banking Regulatory Commission, announced recently that he’d resign if he wasn’t able to discipline the banking system. Under his leadership, the CBRC is stepping up scrutiny of the role of trust companies and other financial institutions in helping China’s banks circumvent lending restrictions.The People’s Bank of China has also been on the offensive. It has recently raised the cost of liquidity, attacked riskier
June 16, 2017
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[David Ignatius] Trump would be wise to ignore his friends and leave Mueller in place
Forewarned is forearmed. So perhaps the country is lucky that President Trump’s allies have floated the possibility that he might fire special counsel Robert Mueller. This speculation allows citizens to reflect on the consequences of such an action.Trump has already taken the country to a darker place than even his sharpest critics would have imagined six months ago. He has brought to the White House the values of a failed Atlantic City casino owner turned reality-TV star. We don’t have to belie
June 15, 2017
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[David Shambaugh] China rethinks its global role in the age of Trump
In his short time in office, President Donald Trump has done a good job of making China great again. His isolationist rhetoric and unilateral actions -- such as pulling out of the Paris climate accord and the Trans-Pacific Partnership -- have made it much easier for China to advance its claim to global leadership, as dismayed US allies and partners proclaim that the US can no longer be “completely depended on,” as German Chancellor Angela Merkel put it. In stark contrast to Trump, China has reaf
June 15, 2017
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[Tyler Cowen] Economists’ view of Qatar cutoff is a little scary
Experts on international relations typically approach foreign affairs using different tools than economists use. The analysts -- with their knowledge rooted in a deep study of a particular country or region -- deploy complex, interdisciplinary models with many moving parts and less formalism. Economic models of foreign policy are more likely to assume some kind of rational behavior, use more game theory and treat the capture of wealth as a significant political end.Suffice to say, economic model
June 15, 2017
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[Satyajit Das] The old are eating the young
Edmund Burke saw society as a partnership between those who are living, those who are dead, and those who are yet to be born. A failure to understand this relationship underlies a disturbing global tendency in recent decades, in which the appropriation of future wealth and resources for current consumption is increasingly disadvantaging future generations. Without a commitment to addressing this inequity, social tensions in many societies will rise sharply.Central to the issue is that the rapid
June 15, 2017
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[Philippe Aghion & Benedicte Berner] How Macron keeps winning
Emmanuel Macron’s one-man revolution in French and European politics continued this weekend, as he will soon be able to add a huge parliamentary majority to his cause, if the results from the first round of the French parliamentary election hold. Such an outcome appears to be very likely.Eliminating the old “right-left” divide in French politics by uniting “reformists” of the left, the right, and the center, was the challenge that Macron set for himself when he created his En Marche! movement in
June 15, 2017
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[Other view] Open protest against Putin is notable
Demonstrations in the streets of Russian cities and towns Monday, directed against the rule and culture of President Vladimir Putin, contradicted the image and role of him and his government in recent relations with the United States.The demonstrations were allegedly directed against Putin and the corruption and heavy-handed nature of his rule. He has been in power since 1999.They were allegedly directed by Putin’s best-known, relatively youthful opponent, Aleksei Navalny. On Monday he was promp
June 15, 2017
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[Andrew Sheng] Remembering July 1997
Was it only 20 years ago that we were at the Convention Center in Hong Kong celebrating the return of Hong Kong to China on July 1, 1997? The night before, in searing rain that disguised the tears of many colonials, we watched the last Gov. Chris Pattern sail away from Victoria Harbor. The next day, as the impeccably white-gloved Chinese People‘s Liberation Army soldier unfurled China’s national flag to signal the creation of the Hong Kong Special Administrative Region, I recall thinking what De
June 14, 2017
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[James Kirchick] Britain’s election demonstrates perils of too much democracy
In this social media age, when every minutia of our lives can be voted thumbs up or down, the notion of there being “too much democracy” offends modern sensibilities. So conditioned are we to exalt individual choice that anyone who suggests certain policy decisions are best left to elected representatives (or -- gasp -- experts) risks the accusation of being a dread “elitist.”But Britain’s election last week reminds us that there is, in fact, such a thing as too much democracy.That some things s
June 14, 2017
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[Adam Minter] China’ skyscraper age is over
At more than 600 meters, Shanghai Tower is the world’s second-tallest building. It looms over its neighbors -- the world’s ninth and 19th tallest buildings -- in a supercluster of supertall structures unlike any other in the world. The only problem? Finding people to work there: Only 60 percent of Shanghai Tower is rented out, and only a third of current tenants have actually occupied their leased space.In this sense, Shanghai Tower signifies the end of an era. Its plight suggests some major cha
June 14, 2017
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[Jonathan Allen] Trump should admit his actions were wrong
Perhaps President Donald Trump didn’t technically obstruct justice when he fired James Comey, the FBI director who was investigating his associates and campaign. Maybe he did.Either way, Trump’s actions were scandalous. The US Congress and the American public should expect a higher standard of conduct from the American president than the bare-minimum bar of “it wasn’t technically illegal.”Comey, who at the time was the nation’s top criminal investigator, decided to take notes after his unusually
June 14, 2017
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[Other view] Harvard unaccepts: The Ivy League school rejects for online awfulness
It’s amazing that 10 high school seniors smart enough to get into Harvard were also dumb enough to join a Facebook chat group called “Harvard memes for horny bourgeois teens.” According to the Harvard Crimson and other published reports, at least 10 acceptance letters for the Class of 2021 were rescinded after admissions investigated a tip that some incoming students were exchanging disturbing memes and images in a private Facebook chat room. One can safely assume that the 10 now-uninvited stud
June 14, 2017
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[Kim Ji-hyun] Thirst for a female leader
“No country can ever truly flourish if it stifles the potential of its women and deprives itself of the contributions of half of its citizens.” — Michelle Obama ... It’s a well-known quote, and by a woman who was a working professional, a mother and also the wife of one of the most respected men on earth. So the saying, that behind every great man is a great woman, really does ring true in this case. And unlike many of Obama’s predecessors, Michelle went her own way and showed that the wife of a
June 14, 2017
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[Albert R. Hunt] Read this book. It’ll rattle you.
Before settling in for pleasurable summer books, read Graham Allison’s “Destined for War: Can American and China Escape Thucydides’s Trap?”A warning label: It’s going to scare the hell out of you.It starts with the Athenian historian’s chronicle of the conflict between Sparta and Athens in the fifth century BC as a way to tackle the larger question of whether war can be averted when an aggressive rising nation threatens a dominant power. Allison, a renowned Harvard University scholar and nationa
June 13, 2017
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[Kim Seong-kon] Waiting for our Maxwell’s Demon
In his short story “Entropy” and his celebrated novel “The Crying of Lot 49,” Thomas Pynchon warns us of the possible annihilation of human civilization, using the second law of thermodynamics, also known as the entropy theory. According to Pynchon and the entropy theory, if everything becomes the same without diversity in an isolated system, its molecules will stop moving and the system will be in a steady state of equilibrium. Then the system will be pronounced dead, as the increase of entropy
June 13, 2017
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[Robin Abcarian] Comey’s lessons for harassed workers
Harassed people of the American workplace, listen and learn.James Comey has something to teach you.Last week, a lot of us thought former FBI Director Comey’s interactions with President Donald Trump were eerily reminiscent of the kind of harassment many women experience in the workplace.Comey said he felt uneasy in meetings with Trump. Trump, he said, tried to get him alone and then asked him to do things that made him squirm.And then, when Comey appeared Thursday before the Senate Intelligence
June 13, 2017
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[Lee Jae-min] Bringing chorus back to KORUS
Since the inauguration of the Trump Administration, South Korea has been holding its breath. The fate of the five-year-old Korea-United States Free Trade Agreement (once termed as “KORUS” FTA hinting at chorus) has suddenly become uncertain. The dreaded term “termination” finally surfaced during President Trump’s interview on April 28, where he described the trade pact as “a horrible deal that should’ve never been made,” vowing renegotiation and possible termination. This has set South Korea scr
June 13, 2017
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[Raj Persaud & Adiran Furnham] The snap election trap
The Conservative Party’s loss of its parliamentary majority in the United Kingdom’s snap election has proved political pundits, pollsters and other prognosticators wrong once again. And, once again, various explanations are being offered for an outcome that few expected.For example, many have pointed out that Theresa May, the Conservative prime minister, campaigned poorly and that pollsters’ models underestimated turnout by younger voters. At the same time, Jeremy Corbyn, the leader of the oppos
June 13, 2017
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[Other view] ‘War on drugs’ is costing thousands of lives
While American foreign policy has for years fixated on the conflict in Syria and the Middle East, just across the border in Mexico and throughout Central America tens of thousands of people lost their lives last year because of the conflict between drug cartels competing to deliver illicit drugs into the United States.According to a recent report from the International Institute for Strategic Studies, while approximately 50,000 lives were lost in Syria last year, approximately 39,000 were killed
June 13, 2017
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[Jan-Werner Mueller] Theresa May’s other citizens of nowhere
British Prime Minister Theresa May has, of her own volition, stripped her Conservative Party of its governing parliamentary majority by calling an early election. If she stays on as prime minister, she will also strip British citizens of the political and economic rights conferred by membership in the European Union. But May’s habit of stripping away people’s rights and powers is not new: For years, she has been normalizing the practice of stripping certain Britons of their citizenship altogethe
June 12, 2017