Articles by Yu Kun-ha
Yu Kun-ha
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Mexico’s ‘new’ drug war
Last week, Mexican authorities arrested Miguel Angel Trevino Morales, the leader of the Zetas, Mexico’s deadliest and most feared drug cartel. In Mexico, the news was met with relief, although there is also apprehension that his arrest will lead to a convulsion of violence; historically, taking out cartel kingpins has meant power struggles within organized crime groups, schisms that leave many dead in their wake.Trevino Morales, known as Z-40, was apprehended ― along with a bodyguard and a third
Viewpoints July 29, 2013
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[Robert Reich] Detroit and the social contract
One way to view Detroit’s bankruptcy ― the largest bankruptcy of any American city in history ― is as a failure of political negotiations over how financial sacrifices should be divided among the city’s creditors, city workers and municipal retirees, requiring a court to decide instead. It could also be seen as the inevitable culmination of decades of union agreements offering unaffordable pension and health benefits to city workers.But there’s a more basic story here, and it’s being replicated
Viewpoints July 26, 2013
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[Editorial] End the NLL dispute
It is a shame that the ruling Saenuri Party and the main opposition Democratic Party have been spending all their time quarreling over an issue that has absolutely nothing to do with improving people’s livelihoods or creating jobs.The two parties have been embroiled in futile political strife over the allegations that former President Roh Moo-hyun offered to make a concession regarding the Western maritime border to North Korean leader Kim Jong-il during their 2007 summit in Pyongyang.To establi
Editorial July 25, 2013
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[Editorial] Consumer protection
Korea’s financial regulatory system is likely to undergo another major change next year as the government has decided to separate the consumer protection function of the Financial Supervisory Service and expand it into an independent agency.The reform plan is intended to bolster protection for citizens and small firms as a series of financial scandals in recent years, including the savings bank debacle in 2011, showed that the nation’s regulatory system had much room for improvement in terms of
Editorial July 25, 2013
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[David Ignatius] Kerry’s Captain Ahab quest
WASHINGTON ― Two qualities rarely associated with modern secretaries of state are patience and keeping your mouth shut in public. But in his first six months, John Kerry has demonstrated both ― and his stubborn silence appears to have brought him to the door of renewed Israeli-Palestinian peace negotiations. “The best way to give these negotiations a chance is to keep them private,” Kerry insisted last Friday in Amman while announcing an agreement to resume direct final-status talks after a thre
Viewpoints July 25, 2013
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Evictions, land-seizures endemic to China
China has evicted more than 400,000 Tibetans from their homelands over the last several years.These forced relocations, sometimes hundreds of miles away, all fall under a program deceptively named “Comfortable Housing.”Part of the unstated reasoning is China’s resolve to pull Tibetans and other minorities out of their semi-autonomous regions and integrate them into the larger Chinese society. But another unspoken motivation, Human Rights Watch says in a new report, is the determination to exploi
Viewpoints July 25, 2013
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China’s gradual descent after decades of growth
One of the most important economic stories of the era is unfolding in China, and every American should hope for a happy ending.The world’s second-largest economy is slowing down from its 30-year dash. A formula based on exports, cheap credit, heavy manufacturing and infrastructure investment has run its course ― after, it should be noted, helping to lift hundreds of millions of people out of poverty.China’s economy grew 7.5 percent in the second quarter this year, far below the double-digit gain
Viewpoints July 24, 2013
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[Robert J. Shiller] Asset bubbles will never end
NEW HAVEN ― You might think that we have been living in a post-bubble world since the collapse in 2006 of the biggest-ever worldwide real-estate bubble and the end of a major worldwide stock-market bubble the following year. But talk of bubbles keeps reappearing ― new or continuing housing bubbles in many countries, a new global stock-market bubble, a long-term bond-market bubble in the United States and other countries, an oil-price bubble, a gold bubble, and so on.Nevertheless, I was not expec
Viewpoints July 24, 2013
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Putin infiltrating American media, institutions
Russian President Vladimir Putin cares a lot about what you think ― about NSA contractor-turned-defector and Russian asylum seeker Edward Snowden, and pretty much everything else ― to the point of spending $300 million of state funds last year on the external audiovisual service RT, designed primarily to spoonfeed the Kremlin worldview to a global audience. And unearthed records show that’s just the tip of a much more insidious iceberg.Why, you might ask, would an iron-fisted authoritarian care
Viewpoints July 24, 2013
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Europe’s continental drift
RIMINI, Italy ― You think we have it bad, caught between a stagnant economy and gridlocked politics? Then take a trip to Europe, where the economy is going not sideways but backward ― and the politics are too.Europe’s numbers should be familiar by now, but they’re still awful. In the United States, President Obama’s much-derided stimulus package helped end our recession in 2009; in Europe, with no comparable stimulus, the recession isn’t over. Unemployment in the 17 countries that share the euro
Viewpoints July 24, 2013
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[Editorial] Sports event craze
The southwestern provincial city of Gwangju has been chosen to host the world swimming championships in 2019. For the city, it is definitely a matter for congratulation. The biennial swimming competition will give the city, which has already been selected as the venue of the 2015 Summer Universiade, another major chance to promote itself abroad as an attractive investment and tourist destination.Yet the city’s achievement has lost much of its luster as its officials face an investigation for all
Editorial July 23, 2013
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[Editorial] Buoying housing market
The government has decided to lower the tax rates on home purchases indefinitely to stimulate the depressed housing market. In principle, the decision is a step in the right direction; it will boost housing transactions to some degree by alleviating the tax burden on home buyers.But the problem is that home acquisition taxes account for a large portion of the tax income of local governments. Any cut in the tax rates would translate into a reduction in provincial governments’ tax revenues. Offici
Editorial July 23, 2013
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[Lee Jae-min] To make a long story short
French mathematician Blaise Pascal once apologized to the recipient of his letter for its length by saying “I did not have time to write you a short letter, so I wrote you a long one.” It was Mark Twain who said, “If you want me to give you a two-hour presentation, I am ready today. If you want only a five-minute speech, it will take me two weeks to prepare.” They were trying to say how difficult it is to write short but precise statements. Interestingly, this very statement of Twain was quoted
Viewpoints July 23, 2013
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New sexual harassment rules openly defy reason
The new federal guidelines for how colleges should handle sexual-harassment cases aren’t just unreasonable. They’re hostile to reasonableness in principle. The Justice Department and the Education Department’s Office for Civil Rights set forth the rules in a letter they sent in May. The letter was addressed to the University of Montana but says it should serve as “a blueprint for colleges and universities throughout the country.” The letter criticized the university for defining “sexual harassme
Viewpoints July 23, 2013
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Cuba, North Korea and the Chong Chon Gang
The seizure in Panama of the Chong Chon Gang, a rusty old North Korean ship carrying last century’s Soviet-era weapons from Cuba hidden under 250,000 sacks of brown sugar, may seem to have the wacky trappings of a “Gilligan’s Island” episode with a Cold War flashback that includes a rioting crew and a captain threatening to kill himself when Panamanian soldiers boarded his ship.But as the ship’s containers begin to be cleared of the 100-pound bags of sugar and the weapons systems are exposed and
Viewpoints July 23, 2013
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