Most Popular
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South Korean President Yoon Suk Yeol declares martial law
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President Yoon Suk Yeol declares end to martial law after six-hour chaos
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'Is this happening in 2024?' South Koreans in panic, disbelief
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Opposition parties submit motion to impeach President Yoon Suk Yeol
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South Korea faces unprecedented turmoil in aftermath of Yoon's martial law
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Ruling party leader denounces Yoon's declaration of emergency martial law
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What unfolded on Tuesday night in Seoul: A timeline
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Why did President Yoon Suk Yeol resort to martial law?
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South Korea sees first martial law in over 40 years
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Assembly passes motion to revoke martial law
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[Editorial] Misguided response
The emergency martial law declared by President Yoon Suk Yeol was lifted just six hours after it was announced. Martial law ended as a mere incident, but the nation is in shock. It is hard to gauge how far its consequences will go. Yoon proclaimed martial law Tuesday night, saying that it was aimed at eradicating pro-North Korean forces and protecting the constitutional order of freedom. The martial law command issued a decree banning all political activities. People were perplexed at the sudden
ViewpointsDec. 5, 2024
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[Catherine Thorbecke] US should not restart the China Initiative
Donald Trump’s return to the White House is stoking fears that he could reinstate a failed program launched during his first term that aimed to crack down on Chinese espionage, but ended up becoming more of a witch-hunt. Doing so would not only be destructive to American innovation, but give China an upper-hand in the tech race. The China Initiative, launched in 2018, was an extensive national security effort intended to prevent intellectual property theft and the transfer of US technologi
ViewpointsDec. 4, 2024
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[Editorial] Corporate belt-tightening
South Korea’s stock market index has declined for five straight months since July, marking the unusually long downward streak that reminds investors of major market upheavals in the past. Problems are not limited to the stock market. Korean companies are trying to grapple with the looming challenges in trade and business environments by tightening their belts or delaying their investment plans in the face of growing uncertainties. Two surveys released recently reflect the deepening worry a
EditorialDec. 4, 2024
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[Joseph E. Stiglitz] The Democrats’ only option
As the shock of Donald Trump’s victory sinks in, pundits and politicians are mulling what it means for the future of the United States and global politics. Understanding why such a divisive, unqualified figure won again is crucial for the Democrats. Did they go too far left and lose the moderate Americans who make up a majority? Or did centrist neoliberalism -- pursued by Democratic presidents since Bill Clinton -- fail to deliver, thus creating a demand for change? To me, the answer is cl
ViewpointsDec. 3, 2024
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[Sławomir Sierakowski] Has Angela Merkel no shame?
When Angela Merkel left the German chancellorship in December 2021, after 16 years in power, she had a credible claim to being one of the greatest politicians of the 21st century (so far). Now, after three years of deafening silence, and with her legacy in shambles, she is promoting her forthcoming political memoir. Her silence was more persuasive. She gave her first interview to the German weekly Der Spiegel, defending major policies that helped to shape Germany and Europe as we know them today
ViewpointsDec. 3, 2024
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[Editorial] Disturbing the government
The main opposition Democratic Party of Korea slashed the government budget for next year and passed the reduced budget unilaterally through the Special Budget Settlement Committee. The party, which has a majority in the National Assembly, is also pushing to impeach chair of the Board of Audit and Inspection and senior prosecutors. It seems determined to disturb the government. The budget the majority party passed through the committee amid a ruling party boycott Friday reflects only reductions
EditorialDec. 3, 2024
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[Editorial] Warning signs
South Korea’s economy is chugging along on the strength of exports of chips, but the path ahead appears rocky with numerous warning signs. The surprise interest rate cut by the country’s central bank last week is also interpreted as a sign for a worse-than-expected economic slowdown. According to government data, Korea’s exports posted on-year growth for the 14th straight month in November. Exports went up 1.4 percent on-year to $56.3 billion last month and imports declined 2.4
EditorialDec. 2, 2024
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[Lee Kyong-hee] Rudderless Yoon sails toward headwinds
South Korea has had 13 presidents since 1948. Those in the first decades tried to lift the nation out of war-torn rubble and perpetuate economic momentum, though they left a legacy of political repression. Their successors shared the overarching goal of strengthening the nation. And, despite their respective flaws and failings, they all strove to parry a nuclear-armed North Korea and global upheavals effectively. Today, we have a president who does not display any cogent vision or resolute purpo
ViewpointsDec. 2, 2024
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[Robert J. Fouser] Presidents and their ability to communicate
South Korean President Yoon Suk Yeol is ending this year badly. His approval ratings have been low throughout his term, but now stand at a paltry 26 percent, up only slightly from recent lows. Calls for him to step down or face impeachment and removal have spread. His wife is facing accusations of corruption and calls for her prosecution. Coming at the mid-point in his term, citizens are worried about a lack of leadership during the rest of his term. What went wrong? And what, if anything, can t
ViewpointsNov. 29, 2024
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[Editorial] Diverse forms of family
In South Korea, where a traditional notion of family has long been espoused by conservative people, the news that actor Jung Woo-sung fathered a child with model Moon Ga-bi outside of marriage has generated a firestorm of gossipy online responses and intense media coverage. Their celebrity status has probably drawn more public attention than necessary, but their decision to go public about having a child without being married to each other has a positive element as it has ignited public debates
EditorialNov. 29, 2024
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[Wang Son-taek] What went wrong at the Sado mines
The Sado Mines Memorial Ceremony stands as a stark reminder of the unresolved historical tensions and diplomatic missteps between Korea and Japan. What could have been a meaningful step toward reconciliation instead became a diplomatic failure, highlighting the challenges both countries face in addressing their shared past. Understanding what went wrong is crucial for avoiding similar setbacks in the future and ensuring that historical grievances do not continue to hinder diplomatic progress. In
ViewpointsNov. 28, 2024
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[Editorial] Tariff alarm goes off
US President-elect Donald Trump posted on his Truth Social platform Monday that on Jan. 20, as one of his first executive orders, he will sign all necessary documents to charge Mexico and Canada a 25 percent tariff on all products coming into the US. He also said that China will face 10 percent tariffs above any existing tariffs. This shows his will to implement strong protectionist trade policies right from his inauguration day. International trade rules are expected to be jolted. Trump said th
EditorialNov. 28, 2024
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[Howard Davies] Global banking rules finished?
Is it all over for Basel 3.1 (or what is known in the United States as the “Basel Endgame”)? Should we kiss goodbye the Basel Committee and the very idea of global banking-supervision accords that establish minimum capital requirements? Many informed people think so. The committee’s recommendations have long been assailed from all sides, especially the western shores of the Atlantic. In 2023, emboldened -- or perhaps stung -- by the failures of Silicon Valley Bank and a few oth
ViewpointsNov. 27, 2024
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[Kim Seong-kon] Why Spain, now?: 'A furnace of different cultures'
As a professor, translator and self-appointed cultural ambassador, I have traveled to many countries in my life. One of the best places I have ever visited is Malaga in Spain. Thanks to the generous invitation of Vice Chancellor Victor Munoz and Professor Antonio Domenech, I had a chance to be affiliated with the University of Malaga as a visiting professor for a semester. Thanks to the warm hospitality of Gonzalo Ortiz, the former Spanish Ambassador to South Korea, I also had a chance to visit
ViewpointsNov. 27, 2024
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[Catherine Thorbecke] Hanoi follows Beijing in cyber rules
Vietnam has positioned itself in recent years as an attractive destination for Big Tech companies looking to move away from China. But Hanoi’s policies regarding social media have increasingly been following Beijing’s lead. The Southeast Asian nation is now ramping up already tight controls over online platforms with new rules that will require companies to verify the identities of users and share this information with authorities when asked. If these sorts of digital regulations sou
ViewpointsNov. 27, 2024
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[Editorial] Dispute on commercial law
A dispute has been intensifying over the bill introduced by the main opposition party aimed at revising South Korea’s commercial law as top officials voice conflicting views and the business community expresses strong opposition to the proposed amendment. The controversy started early this year as President Yoon Suk Yeol said that the government would push for an amendment to the law so that “boards of directors can reflect the interests of minority shareholders in a responsible way.
EditorialNov. 27, 2024
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[Lim Woong] AI digital textbook: promise or peril?
South Korea’s plan to roll out the AI Digital Textbook system in 2025 has sparked some controversy. It is an ambitious project, and there’s nothing quite like it anywhere else in the world. But the boldness of the idea is matched by the intensity of the concerns it raises. The sheer cost, the way it is being implemented as a national policy and whether AI will truly help or hurt education have left people divided and questioning its viability. The AIDT is not just another digital tex
ViewpointsNov. 26, 2024