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The Korea Times

The Korea Times

World

Thu, September 28, 2023 | 15:50

German cabinet OKs landmark bill over legal cannabis use

German cabinet OKs landmark bill over legal cannabis use

Germany's cabinet passed a contentious bill on Wednesday to legalize recreational marijuana use and cultivation, one of the most liberal cannabis laws in Europe that could potentially provide further momentum for a similar worldwide trend.

World | 2023-08-17 13:09

Biden to visit Hawaii as first wildfire victims named

Biden to visit Hawaii as first wildfire victims named

President Joe Biden will head to fire-ravaged Hawaii next week to meet with survivors and first responders still hunting for bodies, the White House said Wednesday, as the first victims of the horrific blaze were named.

World | 2023-08-17 10:17

Wall Street falls as the bond market cranks up pressure

Wall Street falls as the bond market cranks up pressure

Wall Street weakened Wednesday to worsen what's already been a messy August.

World | 2023-08-17 08:57

Germany's Cabinet is set to approve a plan to liberalize rules on cannabis possession and sale

Germany's Cabinet is set to approve a plan to liberalize rules on cannabis possession and sale

Germany's Cabinet is set to approve a plan to liberalize rules on cannabis, setting the scene for the European Union's most populous member to decriminalize possession of limited amounts and allow members of “cannabis clubs” to buy the substance for recreational purposes.

World | 2023-08-16 22:10

Survivors of Maui fires face power cuts and poor cell service as teams work to find and ID the dead

Survivors of Maui fires face power cuts and poor cell service as teams work to find and ID the dead

Survivors of deadly wildfires on Maui contended with intermittent power and unreliable cell service as they sought help rebuilding their lives. Teams of people, meanwhile, labored to find the dead and identify them.

World | 2023-08-16 22:10

Russian central bank hikes key rate after ruble falters

Russian central bank hikes key rate after ruble falters

Russia's central bank on Tuesday hiked its key interest rate from 8.5 to 12 percent, after the ruble crashed to a more than 16-month low against the dollar.

World | 2023-08-16 10:17

China's fertility rate drops to record low 1.09 in 2022: state media

China's fertility rate drops to record low 1.09 in 2022: state media

China's fertility rate is estimated to have dropped to a record low of 1.09 in 2022, the National Business Daily said on Tuesday, a figure likely to rattle authorities as they try to boost the country's declining number of new births.

World | 2023-08-16 10:17

Argentina's crippling inflation set to rise in August

Argentina's crippling inflation set to rise in August

Argentina's monthly inflation rate stood at 6.3 percent in July, the country's statistics agency said on Tuesday, well below forecasts of a 7.1 percent jump, though analysts said it was expected to heat up again in August amid market turbulence.

World | 2023-08-16 09:35

Argentina's Massa to travel to the US next week to ink deal with IMF

Argentina's Massa to travel to the US next week to ink deal with IMF

Argentine Economy Minister Sergio Massa will travel to Washington next week to close an agreement with the International Monetary Fund (IMF), a ministry official said on Tuesday, as the government seeks to unlock new disbursements from its $44 billion loan deal with the lender.

World | 2023-08-16 09:34

Argentina's crippling inflation set to rise in August

Wall Street drops as faltering Chinese economy sets off global slide

Wall Street drops as faltering Chinese economy sets off global slide

A sharp drop for Wall Street capped a day of declines around the world Tuesday after discouraging data on China raised worries about the global economy.

World | 2023-08-16 09:08

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