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Opinion

Editorial

Sun, May 22, 2022 | 22:20

Broadening alliance

President Yoon Suk-yeol and his U.S. counterpart Joe Biden have committed to expanding the two countries' military alliance into a “global comprehensive strategic alliance” to deepen their cooperation in economy and technology. This new meaning of an alliance is set to open a new horizon in bilateral relations to ensure peace, stability and prosperity not only on the Korean P...

Park Yoon-bae2022-05-22 17:10

Approval of PM nominee

The National Assembly confirmed Prime Minister-nominee Han Duck-soo at its plenary session, Friday. The approval came 47 days after President Yoon Suk-yeol nominated Han and 10 days after the Yoon administration took office. It is belated but welcome that the new administration has ended makeshift operations and now has a formal Cabinet.

2022-05-22 16:55

Currency swap deal

South Korea and the United States are seeking to discuss measures to stabilize the Korean won against the U.S. dollar during the upcoming summit between President Yoon Suk-yeol and U.S. President Joe Biden on Saturday. “We are discussing ways of strengthening cooperation to help stabilize the international finance and foreign exchange markets,” according to Kim Tae-hyo, first...

Shim Jae-yun2022-05-20 17:00

New era of alliance

President Yoon Suk-yeol will hold his first summit with U.S. President Joe Biden in Seoul on Saturday, raising hopes of a new era of alliance between the two countries. The two leaders are committed to developing the bilateral security alliance into a comprehensive strategic alliance for economy and technology.

Park Yoon-bae2022-05-19 17:10

Eradicating financial crimes

The prosecution has reinstated the Financial and Securities Crime Joint Investigation Team to crack down on increasingly intelligent stock market crimes. Justice Minister Han Dong-hoon ordered its reinstallation as soon as he took office Tuesday, and the team began business the following day. The joint investigation team was once called the “Grim Reaper of Yeouido” among stoc...

2022-05-19 16:55

Disregard for neutrality

The National Assembly speaker is supposed to remain nonpartisan in order to narrow differences between the ruling and opposition parties and move toward bipartisanship. That's why the speaker needs to operate the legislature in a fair and neutral manner.

Shim Jae-yun2022-05-18 17:00

Checking police power

The Ministry of the Interior and Safety has begun discussing ways to rein in the police force, which will be mightier following the recent passage of two bills intended to strip the prosecution of its investigative powers.

2022-05-18 16:55

Honor May 18 spirit

Wednesday will mark the 42nd anniversary of the May 18, 1980, pro-democracy movement in Gwangju. This year's commemoration carries significance as President Yoon Suk-yeol asked all his senior aides and lawmakers of the ruling People Power Party (PPP) to attend a state memorial ceremony to be held at the May 18th National Cemetery in the southwestern city.

Park Yoon-bae2022-05-17 17:09

Growing food protectionism

Food protectionism is spreading across the world. Following the ban on palm oil exports by the world's largest supplier, Indonesia, the second-largest wheat producer, India, recently suspended the foreign shipment of its crops. The two countries have taken urgent steps to meet their domestic demand first, as the surge in international grain prices is pushing up their domestic...

2022-05-17 17:00

Joining US-led initiative

President Yoon Suk-yeol said Monday he will discuss the issue of the U.S.-led Indo-Pacific Economic Framework (IPEF) initiative during his planned summit with U.S. President Joe Biden on May 21. “We will focus on ways to strengthen global supply channels through the IPEF,” Yoon said in his first budget speech at the National Assembly.

Shim Jae-yun2022-05-16 17:00

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