Most Popular
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Exports to US reach all-time high, widen gap with China
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Trump rekindles criticism: US forces defending 'wealthy' S. Korea 'free of charge'
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[Music in drama] Rekindle a love that slipped through your fingers
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S. Korea discussed possible participation in AUKUS Pillar 2 with Australia: defense minister
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[New faces of Assembly] Architect behind ‘audacious initiative’ believes in denuclearized North Korea
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On May Day, labor unions blast Yoon's foreign nanny proposal
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Seoul Metro to seek legal action against malicious complaints
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Illit, mired in controversy, remains on Billboard charts for 5th week
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[KH Explains] Will alternative trading platform shake up Korean stock market?
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Opposition-led Assembly unilaterally passes bill to probe Marine's death
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[David Ignatius] Remedies for drone addiction
WASHINGTON ― What “rules of war” should apply to Predator drones, the eerily efficient weapons that cruise the skies and target adversaries with the precision of a sharpshooter’s bullet? It’s an urgent question ― not simply for the United States, which is expanding its use of drones, but for dozens
Sept. 26, 2011
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[Andrew Wolman] The environmental case for nuclear energy
Six months after the Fukushima disaster, the repercussions of history’s second-largest nuclear meltdown are still being felt, not only in Japan but around the world. Predictably, people are rethinking the wisdom of relying on nuclear power. The German and Swiss governments have pledged to phase out
Sept. 26, 2011
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[Albert R. Hunt] Independents still seek their 2012 anointed one
Political independents, who account for more than one-quarter of the U.S. electorate and are probably the key to the 2012 presidential election, are voicing strong reservations about Barack Obama as well as the Republican brand. As the national election goes into high gear with more than 13 months t
Sept. 26, 2011
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The G20 must get serious about reforming the IMF
The summer jitters, which brought memories from the panicky fall of 2008, have left little doubt about how fragile the recovery from the great crisis has been and how rocky the road ahead will continue to be. This should not be entirely surprising given the magnitude of the shock endured in 2008-09.
Sept. 26, 2011
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[Peter Goldmark] Flickers of freedom across the Balkans
BELGRADE, Serbia ― Most Americans, myself included, know very little about the Balkans ― except, perhaps, that last week’s men’s U.S. Open champ, Novak Djokovic, is from Serbia. I’m visiting now, and the headline is: Countries in the Balkans are groping their way out of centuries of bloodshed and op
Sept. 25, 2011
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[Nouriel Roubini] How to prevent a depression
AMSTERDAM ― The latest economic data suggests that recession is returning to most advanced economies, with financial markets now reaching levels of stress unseen since the collapse of Lehman Brothers in 2008. The risks of an economic and financial crisis even worse than the previous one ― now involv
Sept. 25, 2011
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[William Pesek] Underwear model shows an economy how to grow
So this is what it has come to for Japan Inc.: a future in underwear instead of cars, color TVs or industrial robots. Long before 2010, when China surpassed it to become Asia’s biggest economy and Apple Inc. unleashed the iPad, Japan fancied itself a nation fated for global primacy. Its technology w
Sept. 25, 2011
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Why identifying a bubble is so much trouble
We seem to be surrounded by “bubbles” ― tech stocks, real estate, and now maybe sovereign debt. You might expect that any textbook would have a precise definition of this phenomenon; some set of characteristics that distinguish sensible high prices in good times from prices that are “too high” or in
Sept. 25, 2011
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[Marc Flandreau] Getting to yes (again) with Germany on euro crisis aid
GENEVA ― Europe’s slow-motion sovereign-debt crisis may appear unique, but it is not. Just a few decades ago, Europe had the Exchange Rate Mechanism, which collapsed during a crisis very much akin to the one afflicting Europe today. Will the outcome this time be different?The ERM was an arrangement
Sept. 25, 2011
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[Zhang Monan] Value cooperation over cash with Europe
Whether China and other BRICS members will give a helping hand to European countries that have been severely plagued by their looming debt crisis is now a hot topic around the world. China’s purchase of European debt would not be a show of generosity. To help extricate hard-hit European countries fr
Sept. 23, 2011
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[Bennett Ramberg] A watershed doctrine for America
LOS ANGELES ― As the United States stumbles through its economic challenges at home, the pressure of world events will not subside. But America’s ability to address them has changed. Its fiscal weakness limits its ability to act as global policeman. Despite the relatively costless overthrow of the Q
Sept. 23, 2011
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ASEAN should heed lessons from EU crisis
Although five major central banks have recently agreed to provide dollars for the European banking system in an effort to avert a funding crisis, the southern European countries are still not immune from a possible financial crisis that could send a tidal wave across the entire continent. The Europe
Sept. 23, 2011
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Taiwan must choose to build home-grown defense industry
Now it is almost certain that the U.S. will refuse Taiwan’s request for the sale of the new F-16C/D fighter jets for Taiwan’s self-defense. While an official announcement on the U.S. Congress’s decision is expected next week, an unnamed senior congressional aide was widely quoted as saying that the
Sept. 23, 2011
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Japan’s ruling party must present state vision
The Democratic Party of Japan must deepen debate on constitutional reform and present the vision of the state it aims to establish.In the Diet, Prime Minister Yoshihiko Noda said, “Amid the mountain of pressing issues we face, I don’t think constitutional revision is a top priority on the policy age
Sept. 23, 2011
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[Peh Shing Huei] Retired leaders’ vanishing act
Former premier Zhu Rongji’s new book detailing his years in office created a media stir and strong reader interest when it went on sale early this month.But the man himself was nowhere to be seen.There were no book tours and media interviews and Zhu, 83, did not make a public appearance to promote h
Sept. 23, 2011
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Israel-Palestine face-off at the United Nations
The looming United Nations vote on Palestinian statehood is not a cause for celebration ― for Palestinians or anyone else. It is merely further evidence of the utter stalemate of the Israeli-Palestinian peace process, which once promised to deliver a two-state solution but which during the last few
Sept. 22, 2011
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[Mohamed A. El-Erian] Countering the contagious West
NEWPORT BEACH ― Imagine for a moment that you are the chief policymaker in a successful emerging-market country. You are watching with legitimate concern (and a mixture of astonishment and anger) as Europe’s crippling debt crisis spreads and America’s dysfunctional politics leave it unable to revive
Sept. 22, 2011
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Strong countries, not Greece, should ditch euro
Europeans can’t say they weren’t warned. For a decade before the euro was launched, critics ― and many economists ― argued that one currency wouldn’t fit all, or even most, of the nations of the European Union. The unfolding euro-area crisis is proof that the critics were right. Now it’s up to the s
Sept. 22, 2011
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[Ron Klain] Middle-class Americans suffer in silence, for now
President Barack Obama’s proposed tax on millionaires has restored the issue of “class warfare” to the forefront of politics. The new tax plan follows a week of intense campaigning by the president for his jobs bill, and of considerable attention devoted to a Census Bureau finding that poverty rose
Sept. 22, 2011
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[Yang Sung-chul] Two beggars in classic tragedies
Even in this age of homo electronicus, the eternal question of love and hate or good and evil never ceases to lose its flame. One critical ingredient of a classic is to arouse in us such an emotion from the innermost depth of our heart.Filial ingratitude seems to be the overriding theme of both Soph
Sept. 22, 2011