DP presidential hopefuls push different reliefs, raising fiscal cncerns

Three presidential hopefuls of the ruling Democratic Party of Korea are pushing different coronavirus relief policies. 　 Prime Minister Chung Sye-kyun on Thursday instructed the Ministry of Economy and Finance to draft a bill to compensate small self-employed businesses for their losses caused by antivirus shutdowns.　 The government needs to help those damaged by its measures, but prudence is warranted in legislating assistance. It has offered them relief money and other financial assistance t

Seoul’s unchanged tack could risk discord with Biden administration

Concerns are being raised about the possibility of Seoul falling out of step with new US President Joe Biden’s administration in dealing with the nuclear-armed North Korean regime. South Korean President Moon Jae-in recently made clear his intention to continue to push his peace agenda for the peninsula, which is criticized for having ignored or belittled growing nuclear threats from Pyongyang. In his New Year’s address, Moon vowed to make a “last-ditch” effort to reviv