Most Popular
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Russia sent more than 165,000 barrels of refined petroleum to N. Korea in March: White House
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Key suspects grilled over alleged abuse of power in Marine death inquiry
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S. Korean children, teens grow taller, mature faster than before: study
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[Graphic News] Number of coffee franchises in S. Korea rises 13%
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Army takes group action against Hybe for neglecting BTS
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Marine Corps commander summoned by CIO for questioning on alleged influence-peddling case
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Some junior doctors are returning: Health Ministry
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[Robert J. Fouser] AI changes rationale for learning languages
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Ador CEO's request for exclusive right to terminate NewJeans' contract with Hybe refused in February
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Woman dangling from power lines rescued by residents holding blanket
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[Kevin Hassett] Snowplow slowdowns might become American way
Europeans have grown accustomed to seeing government workers shut down their countries when provoked. At this time of huge deficits from Washington to the smallest towns, government workers in the U.S. also face significant cutbacks.Americans may have had their first taste of what that will mean.New York City Mayor Michael Bloomberg and New York Governor David Paterson are both calling for an inve
Jan. 4, 2011
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[Peter Singer] Helping people attain their resolutions
MELBOURNE ― Sometimes we know the best thing to do, but fail to do it. New Year’s resolutions are often like that. We make resolutions because we know that it would be better for us to lose weight, or get fit, or spend more time with our children. The problem is that a resolution is generally easier to break than it is to keep. That is why, by the end of January, most people have already abandoned
Jan. 4, 2011
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[Trudy Rubin] Russia: ‘Rule of law’ or ‘dictatorship of law’
When Dmitry Medvedev became president of Russia two years ago he pledged to combat “legal nihilism,” the disrespect for law that feeds corruption and backwardness in his country.Any hope that Medvedev might behave differently from his mentor, and Russia’s real ruler ― Prime Minister Vladimir Putin ― has been doused by the biggest show trial since the days of the Soviet Union. A week ago, the forme
Jan. 4, 2011
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[Matthew Lynn] Biggest financial decision in 2011 is European
What’s the biggest financial decision facing Europe in 2011? Easy. The choice of a new president of the European Central Bank.When Jean-Claude Trichet steps down from the post in October, the leading candidates to succeed him will be Bundesbank President Axel Weber and the governor of the Bank of Italy, Mario Draghi.Neither is the right man. Weber would be intolerable to the peripheral euro countr
Jan. 4, 2011
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[Kim Seong-kon] Our hopes in the Year of the Rabbit
The Year of the Rabbit is especially meaningful to Korean people. For example, the rabbit symbolizes the destiny of Korea located among historically aggressive countries. We believe the Korean Peninsula resembles the shape of a rabbit and Koreans are docile and suave like a rabbit, precariously surviving among ferocious predators. Historically, Koreans have not been able to lead a serene, reclusiv
Jan. 4, 2011
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Overcoming year of political disappointment
The past year was one of political disappointment in Japan as the government failed to make breakthroughs in resolving crucial economic and diplomatic problems. Prime Minister Naoto Kan and the Democratic Party of Japan should reflect on what went wrong, set clear goals that will capture the minds of people and mobilize every possible resource to realize them. The nation’s economic difficulties, t
Jan. 3, 2011
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[Jacob S. Hacker and Daniel Markovits] Giving Pledge campaign for commoners
The tax bill passed last month perpetuates the huge unfunded giveaways to the rich that have for a generation increasingly divided our nation. Rebuilding the American middle class requires tackling this growing divide head-on. If our politicians won’t or can’t, then ordinary Americans must and can.Those who believe the tax deal gives too much to the top should devote at least some of their tax cut
Jan. 3, 2011
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[Joseph E. Stiglitz] Debt restructuring key to recovery
NEW YORK ― The time has come for New Year’s resolutions, a moment of reflection. When the last year hasn’t gone so well, it is a time for hope that the next year will be better.For Europe and the United States, 2010 was a year of disappointment. It’s been three years since the bubble broke, and more than two since Lehman Brothers’ collapse. In 2009, we were pulled back from the brink of depression
Jan. 3, 2011
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[Carl Leubsdorf] Why wait for 2011? Your future headlines today
A year ago, we predicted that Texas Gov. Rick Perry would beat Bill White for re-election and that Congress would pass President Barack Obama’s health care bill. But we failed to see that a lagging economic recovery would mean Republicans would win back the U.S. House and make big Senate gains.Undaunted, we tackle 2011:January: Fox News announces that Sarah Palin’s son, Track, will participate in
Jan. 3, 2011
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[Andrew Cohen] Jury’s still out on justice in 2010
Perhaps the simplest thing to say about the law in 2010 is this: Never in America were so many judged by so few with such inconclusive results.As our population rose, and Americans filed 100 million or so lawsuits, the role of the courts somehow shrank in our lives. Dozens of federal judgeships remained empty throughout the year, the victim of partisan bickering on Capitol Hill. State judicial sys
Jan. 3, 2011
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[Naomi Wolf] Keeping rape accusers anonymous is harmful to women
NEW YORK ― As Swedish prosecutors’ sex-crime allegations against WikiLeaks founder Julian Assange play out in the international media, one convention of the coverage merits serious scrutiny. We know Assange by name. But his accusers ― the two Swedish women who have brought the complaints against him ― are consistently identified only as “Miss A” and “Miss W,” and their images are blurred.News orga
Jan. 3, 2011
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A new threat emerges from the financial chaos
An era of high inflation is coming. China has raised its interest rates for the second time since mid-October. This move has been made to counter the country’s fastest-growing inflation rate in more than two years. Additional fiscal moves are expected as China is currently battling against various economic bubbles.In spite of Chinese officials’ efforts to curb real estate speculation, property pri
Jan. 2, 2011
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The EPA starts to act on climate change threat
The Clean Air Act turned 40 this year, as did the Environmental Protection Agency, which was created to enforce that new law and others Congress adopted to reduce all types of pollution. But it has taken this many years for the EPA to begin flexing its regulatory muscles to reduce emissions of carbon dioxide, the principle culprit linked to climate change.For many years the agency claimed that the
Jan. 2, 2011
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[Zhang Monan] China needs to manage national wealth better
The global financial crisis has offered China a good opportunity to review its ability to manage its increasing national wealth. During the past three decades China has developed into the world’s largest foreign reserves holder and net capital exporter from a country that lacked reserves and foreign investment. The country has changed from being a debtor to become the world’s second largest credit
Jan. 2, 2011
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[DAVID IGNATIUS] Warfare and technology of the future
WASHINGTON ― A light-bulb moment for me last year was hearing a Chinese defense expert named Dingli Shen in Shanghai talk about the future of warfare. No, he wasn’t expressing a pipe dream about building a blue-water navy to challenge U.S. dominance in the Pacific. Instead, he was talking about the irrelevance of traditional land and sea power in the dawning age of combat ― where weapons will incl
Jan. 2, 2011
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[Ann Woolner] As in sex, WikiLeaks chief tests limits of press
For better and for worse, Julian Assange pushes limits. In his work life and his sex life, he stands at the border dividing legal conduct from criminality, though it’s not clear which side of that border he occupies. U.S. officials are looking for a way to prosecute him for publishing secrets while women in Sweden say he crossed the line between consensual romps and rape. Mainstream journalists sa
Jan. 2, 2011
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[Kwan Weng Kin Ozawa pulls the strings as Japan’s P.M. muddles along
Japanese politician Ichiro Ozawa describes himself as a mere ippeisotsu (foot soldier) in the ruling Democratic Party of Japan (DPJ), giving the innocuous term a whole new meaning.For despite what he claims, Ozawa is undoubtedly the most powerful politician in Japan today.No other politician in the country attracts as much attention or controversy ― not even Prime Minister Naoto Kan.Even though Oz
Jan. 2, 2011
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[J. Bradford DeLong] A time to spend in economy of recession
BERKELEY ― The central insight of macroeconomics is a fact that was known to John Stuart Mill in the first third of the 19th century: there can be a large gap between supply and demand for pretty much all currently produced goods and services and types of labor if there is an equally large excess demand for financial assets. And this fundamental fact is a source of big trouble.A normal gap between
Jan. 2, 2011