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Wed, May 18, 2022 | 22:43

New initiative, security and summit

The upcoming summit between President Yoon Suk-yeol and U.S. President Joe Biden will be crucial in a true sense for both leaders, given the looming tectonic changes in the security and economic landscapes of Northeast Asia. The summit will take place only 11 days after Yoon was sworn in as the nation's president, the earliest-ever of its kind. This compares with Yoon's prede...

Shim Jae-yun | 2022-05-18 16:27

World Gas Conference in Daegu to discuss 'energy security' issue

Energy experts around the world are eyeing the 28th World Gas Conference which will be held in Daegu Metropolitan City this month. This is because the world is suffering from inflation as energy prices, including that of natural gas, have soared due to Russia's invasion of Ukraine.

2022-05-18 16:15

Yoon's inaugural speech on freedom and anti-intellectualism

As South Korea often looks to the U.S. as a political model, it is common for South Korean political conservatives to seek policy lessons from their U.S. counterparts. Inspired by the economic policies of U.S. conservatives, a growing number of South Korean conservative policymakers have advocated for “pro-market” policies such as business deregulation and a flexible labor ma...

2022-05-17 16:55

Facing alliance for autocracy

During the 21st century's latest war, histrionic statements abound. Russia's latest invasion of Ukraine doesn't amoun to a “do-or-die” moment for democracy. It's a real wakeup call, but still. Leaders of stable democracies shouldn't entertain this conflict as an end-all moment for the future of stability and peace in our world. The conflict should arrest the democratic tenden...

2022-05-17 16:25

Gov't urged to increase support for creators when K-culture is hot

The global influence of Korean art and culture is more powerful than ever, with Korean content easily being mentioned in overseas media, be it YouTube videos by individual creators or international news outlets. The new administration needs to strike while the iron is hot and use this to its advantage in smart diplomacy.Looking back at the viral sensation of PSY's “Gangnam St...

Dong Sun-hwa | 2022-05-17 08:39

Yoon's uncertain path

U.S. President Joe Biden's upcoming meeting with President Yoon Suk-yeol, scheduled for May 21, will test the hopes of the foreign policy establishment in Washington that Korea's new president is willing to align his country more closely with America.

2022-05-16 16:18

'Luna eclipse'

The crash that some had been warning about happened. TerraUSD (UST), a stablecoin, imploded over a period of a few days. TerraUSD was pegged 1:1 to the U.S. dollar through an algorithmic smarts that linked its value to a sister cryptocurrency called Luna, which crashed to $0.40 on May 12th; on May 5th, Luna was worth $87

2022-05-15 16:25

End of Nordic neutrality

Throughout the Cold War, “non-aligned in peace, neutral in wartime” was not only Sweden's security doctrine, but also helped shape the national identity and self-understanding of the Swedes. But Russia's invasion of Ukraine may soon upend the country's traditional non-aligned stance, by likely triggering both countries to apply for NATO membership.

2022-05-15 16:15

Corporate resilience: the only way out of multifaceted economic crisis

The new administration will face a confluence of crises - supply chain disruptions, rising protectionism and nationalism, Russia's invasion of Ukraine, tighter U.S. monetary policies, China's sluggish economic growth, and a flurry of other concurrent global shocks - that together could trigger an economic crisis of unimaginable proportions. South Korea's export-driven economy...

2022-05-15 08:45

Korea needs to be more 'forward-looking' in governance, economy

Congratulations on your inauguration - or perhaps condolences since governing is so very difficult to do given the novelties of our numerous challenges and opportunities, on the one hand, and the obsolescence and inadequacies of all forms of governance, on the other. It is a tragedy that "democratic governance" everywhere has become synonymous with tribal warfare between self...

2022-05-13 08:44

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