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Sun, July 3, 2022 | 17:16
Better communication
President Yoon Suk-yeol has been taking questions from reporters and answering them on his way to work 18 times since he took office May 10. Unprecedented in Korean politics, this move is in stark contrast to what his predecessor Moon Jae-in did. Moon held 11 press conferences during his five-year presidency.
Shim Jae-yun2022-06-20 17:00
BTS hiatus for future
K-pop superstar group BTS sent shock waves through fans and news media last week by announcing they will take a break from group activities to pursue solo projects, pleading exhaustion. But the seven-member boy band denied rumors of disbandment, saying the members will continue releasing their own solo albums.
2022-06-20 16:50
'Political revenge' claim
Prosecutors and police are stepping up their investigations into corruption and power abuse scandals involving the previous administration. Such investigations are necessary to get to the bottom of the scandals and bring to justice those responsible for law violations. They are also crucial to upholding the rule of law and defending democracy.
Park Yoon-bae2022-06-19 17:07
Declining competitiveness
Korea ranked 27th in global competitiveness this year among 63 countries surveyed by the International Institute for Management Development (IMD), a business school for executives in Lausanne, Switzerland, falling by four notches from 2021. The previous Moon Jae-in administration received praise when the U.N. Conference on Trade and Development (UNCTAD) classified Korea as a ...
2022-06-19 16:55
Truth should be unearthed
The bereaved family members of a fisheries official who was killed by the North Korean military in the Yellow Sea in 2020 called for a thorough investigation to reveal the truth behind the tragic death. “It is a criminal act and violation of human rights for the government to describe (the official) as defecting due to financial problems. The truth of the incident should be c...
Shim Jae-yun2022-06-17 17:00
Urgent structural reform
South Korea finds it ever more difficult to maintain financial and economic stability amid growing inflationary pressure and fears of a recession. The situation is getting worse as the U.S. Federal Reserve raised its benchmark interest rate by 0.75 percentage point Wednesday to fight runaway inflation.
Park Yoon-bae2022-06-16 17:10
Unilateral appointment
President Yoon Suk-yeol appointed Kim Chang-ki as the commissioner of the National Tax Service (NTS), skipping his required National Assembly confirmation hearing, Monday. It was Yoon's first appointment without going through a hearing procedure since the government expanded the confirmation hearing system to the tax chief and three other heads of powerful organizations in 20...
Park Yoon-bae2022-06-16 16:54
Mend ties with Japan
Foreign Minister Park Jin has underlined the need to strengthen security cooperation with Japan while mending soured ties with the East Asian neighbor sooner rather than later. For this, he has called for real progress in sharing military intelligence between the two countries under the General Security of Military Information Agreement (GSOMIA).
Shim Jae-yun2022-06-15 17:00
Stop controlling police
The Ministry of the Interior and Safety is seeking to establish a new bureau to tighten its grip over the police, raising concerns about the political neutrality of the police force. Specifically, the ministry plans to upgrade its current bureau of public safety policy, which isn't classified as an official administrative unit, to an official unit so it can oversee various po...
2022-06-15 16:54
Take preemptive action
Local financial markets have tumbled over growing concerns about a global economic recession amid soaring inflation. The Korea Composite Stock Price Index (KOSPI) hit a 19-month low of 2,492.97 Tuesday, on its downward march for the sixth consecutive day. It plunged by 3.52 percent Monday, affected by a sharp fall in U.S. share prices Friday. The local currency also continued...
Park Yoon-bae2022-06-14 17:07
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