Most Popular
-
1
Key suspects grilled over alleged abuse of power in Marine death inquiry
-
2
Marine Corps commander summoned by CIO for questioning on alleged influence-peddling case
-
3
Army takes group action against Hybe for neglecting BTS
-
4
Debate rages over ‘overly fatty’ samgyeopsal
-
5
Some junior doctors are returning: Health Ministry
-
6
Ador CEO's request for exclusive right to terminate NewJeans' contract with Hybe refused in February
-
7
[Weekender] Korean psyche untangled: Musok
-
8
Naver will consider company benefits in deciding on selling Line shares: CEO
-
9
Woman dangling from power lines rescued by residents holding blanket
-
10
Hankook Tire takes over control of Hanon Systems
-
New vision for reforms
Ideas would be much more important for China than money, former Chinese leader Deng Xiaoping told Robert McNamara, the then president of the World Bank, in 1980. The World Bank report, “China 2030: Building a Modern, Harmonious, and Creative High-Income Society,” which was released on Monday, bears full testimony to Deng’s prescience. More than three decades of remarkable growth have transformed China, from a largely insignificant player in the global market, into the world’s second largest econ
March 2, 2012
-
Europe must step up efforts for financial safety net
Further efforts by Europe are indispensable if it is to contain its debt crisis. Japan, the United States and emerging economies took this stern position vis-a-vis Europe during the latest meeting of the Group of 20 economic powers.The G20 meeting, which ended Sunday in Mexico after adopting a joint statement, was participated in by finance ministers and central bank governors of the 20 major economies, including Japan, the United States and the European Union plus China and Brazil.The focal poi
March 2, 2012
-
[Yuriko Koike] Rubble economy after triple tragedy
TOKYO ― On March 11, a year will have passed since Japan was struck by the triple tragedy of an earthquake, tsunami, and nuclear accident. According to figures announced by the country’s National Police Agency, the Great East Japan Earthquake left behind 15,848 dead and 3,305 missing ― the largest loss of life due to natural disaster in Japan since World War II. Searches for the missing ― mainly at sea ― are still continuing.The number of buildings affected by the earthquake or the tsunami inclu
March 2, 2012
-
Revenge of the ‘super PACs’ against the U.S.
Chalk up another win for the law of unintended consequences. When federal courts ruled in 2010 against restricting donations to political action committees, Republican strategists rejoiced. Here, they thought, was a way for the GOP’s deep-pocketed donors to gain an advantage over President Obama’s fundraising machine.But look what happened. “Super PACs,” as the newly empowered political action committees are known, have mutated like election-year Godzillas, wreaking havoc in an increasingly bloo
March 1, 2012
-
[Jeffrey D. Sachs] A World Bank for a new world
NEW YORK ― The world is at a crossroads. Either the global community will join together to fight poverty, resource depletion, and climate change, or it will face a generation of resource wars, political instability, and environmental ruin.The World Bank, if properly led, can play a key role in averting these threats and the risks that they imply. The global stakes are thus very high this spring as the bank’s 187 member countries choose a new president to succeed Robert Zoellick, whose term ends
March 1, 2012
-
Hong Kong’s basement-gate points to shaky future
Washington had Watergate, Italy bunga bunga-gate, London Murdoch-gate. Now, Hong Kong brings us basement-gate. It’s a scandal that many of us outside the city of 7 million might find hard to fathom. Henry Tang, the favorite to be Hong Kong’s next leader, has an illegal basement. In my mind, that’s only a problem if you are storing drugs, trafficking humans or evading taxes. For Hong Kong residents squeezed by surging rents and living costs, Tang’s underground aerie, which he built without a gove
March 1, 2012
-
More Afghan cuts, more war
What is the logic behind the Obama administration’s policy toward Afghanistan? On its face, it makes no sense.In 2009, President Obama ordered a major buildup of forces to counter alarming gains by the Taliban and the Haqqani network. The number of U.S. troops in Afghanistan increased from 34,000 when he took office to nearly 100,000 in 2010. To oversee the buildup he sent two top Army generals, Stanley A. McChrystal and then David H. Petraeus, to design and implement a comprehensive counterinsu
March 1, 2012
-
In praise of Covin and other war correspondents
Marie Colvin and I covered our first combat together in 1986, after the U.S. bombed Libya. She was 30, pretty, ambitious and talented. She soon had Col. Moammar Gadhafi and his aides in her thrall and parlayed her many scoops for United Press International into a job as a foreign correspondent for the Sunday Times of London.I last saw her a year ago, in Cairo during the revolution. Three decades of bearing witness to war showed in her face: I recognized her only from her black eye patch, which s
March 1, 2012
-
[Hans-Werner Sinn] Euro sabbatical for crisis nations
MUNICH ― Under substantial external pressure, the eurozone’s crisis-hit countries are, at long last, bringing themselves to make painful cuts in their government budgets. Salaries are being slashed and public employees sacked to reduce new borrowing to a tolerable level.And yet, competitiveness in Greece and Portugal, in particular, is not improving. The latest Eurostat figures on the evolution of the price index for self-produced goods (GDP deflator) show no tendency whatsoever in the crisis-st
March 1, 2012
-
Making digital content pirates go legitimate
It seems cosmically appropriate that gambling house odds are on “The Artist” to win this year’s Academy Award for best picture. The Weinstein Co.’s paean to the end of the silent movie era is an apt metaphor for an industry upended by new technologies. Whether or not “The Artist” gets an Oscar statuette, the film can teach Hollywood an important lesson: Once technical barriers are broken, they can never be rebuilt. The arrival of talkies required the industry to rethink an antiquated business mo
Feb. 29, 2012
-
[Michael Brning] Hamas comes in from the cold
GAZA CITY ― In the wake of revolutionary change in the Middle East, the forces of political Islam have scored one electoral victory after another. As the West grapples with the rapid rise of moderate Islamists in Tunisia, Morocco, and Egypt, the issue of Hamas’s role in the Palestinian territories looms large. The signing of a new unity deal between Hamas and Palestinian President Mahmoud Abbas’s secular Fatah party earlier this month has heightened an unprecedented struggle within Hamas over it
Feb. 29, 2012
-
Wall Street confesses to bonus culture ills
Imagine if you could hear directly, albeit anonymously, from the normally secretive bankers and traders who manufactured and sold the trillions of dollars in toxic debt securities that pushed the world’s financial system to the brink of disaster in 2008. Would they defend themselves and their actions, or show a degree of remorse for what they caused and have not been held accountable for? Well, you can find the answer to that question in “Conversations With Wall Street,” a compact ― and largely
Feb. 29, 2012
-
China-Taiwan tensions could loom over U.S. ‘pivot’ to Asia
Should the U.S. be willing to sacrifice Los Angeles for Taipei? It’s horrendous to contemplate, but it’s the kind of question that underlies a simmering debate over U.S. policy toward Taiwan. As China’s economic and military power grows, and Taiwan’s long-term future remains unclear, that debate deserves a wider airing. The tension, and the stakes, will only increase as the Obama administration undertakes its much-trumpeted “pivot” to Asia. Taiwan didn’t surface as a big issue in Chinese Vice Pr
Feb. 29, 2012
-
[Sisonke Msimang] Disease busters bear the brunt of economic crisis
JOHANNESBURG ― The Global Fund to Fight AIDS, Tuberculosis, and Malaria marks its 10th anniversary this year against a backdrop of growing protests against global inequality. World attention has been trained on the Occupy movement, which has challenged the “1 percent” of the global population that exercises disproportionate influence on economic and social policy. But this week, many activists from the developing world ― the greatest beneficiaries of the Global Fund ― will be focused on efforts
Feb. 29, 2012
-
[Meghan Daum] Hannah and her father
Perhaps you’ve heard of Tommy Jordan. He’s the North Carolina dad who recently recorded a video of himself reading and responding to a Facebook post composed by his 15-year-old daughter, Hannah, after which he shot her computer nine times with a .45 pistol.Hannah had done what 15-year-olds have been doing since time immemorial: She complained to her friends, in this case in rather foul-mouthed terms, about household chores and the overall lameness of her parents. Her dad, in turn, did what paren
Feb. 28, 2012
-
[Kim Seong-kon] Turned into the bandit and the fire fox by marriage
Comparing marriage customs is often a great way to explore cultural variation between different parts of the world. In many Western countries, weddings are a personal celebration of the bride and the groom, joined by parents, relatives and friends. In Korea, a wedding is more like a community celebration, a public matter between two families, rather than a private occasion for the couple.In the United States, therefore, the bride and groom’s guest list is often filled with friends. In Korea, how
Feb. 28, 2012
-
Hannah and her father
Perhaps you‘ve heard of Tommy Jordan. He’s the North Carolina dad who recently recorded a video of himself reading and responding to a Facebook post composed by his 15-year-old daughter, Hannah, after which he shot her computer nine times with a .45 pistol.Hannah had done what 15-year-olds have been doing since time immemorial: She complained to her friends, in this case in rather foul-mouthed terms, about household chores and the overall lameness of her parents. Her dad, in turn, did what paren
Feb. 28, 2012
-
[Daniel Fiedler] Lawyers as lawyers of no privilege
Recently three new lawyers in South Korea accepted positions with the South Korean government. While this by itself is not remarkable, what is remarkable is that these lawyers accepted positions at a lower entry level than any lawyer had previously accepted. These lawyers will enter at grade six on a scale that starts with grade nine and rises to grade one. Many lawyers were shocked by this as lawyers have always entered into government service at a minimum of grade five; a grade that practicall
Feb. 28, 2012
-
Should President Obama be allowed to keep his baton?
Gen. George S. Patton -- that old “Blood and Guts” philosopher himself -- once said, “We herd sheep, we drive cattle, we lead people. Lead me, follow me, or get out of my way.”Most Republicans would love for President Barack Obama to get out of their way. Yes, exit stage left, please.But most black folk would want him to lead for four more years. Try to the tune of 96 percent black voter support in 2008, according to Politico.com.But should they? As we celebrate Black History Month, should black
Feb. 28, 2012
-
Greek deal leaves Europe on the road to disaster
If Europe’s new plan for Greece succeeds, nobody will be more surprised than the politicians who designed it. At best, the arrangement is a holding action, one that fails yet again to deal with the much larger confidence crisis facing the euro area. The deal announced on Tuesday starts with private lenders. Their representatives agreed to accept even bigger losses on Greek government bonds than previously discussed. The bonds’ face value will be cut by 53.5 percent, and they’ll pay a low interes
Feb. 27, 2012