The Korea Herald

[Komal Sri-Kumar] Low inflation is wrongly boosting markets

ColumnistsApr 29, 2019

It was only a few months ago that the US Federal Reserve was intent on continuing to increase interest rates. But now, some policymakers are even hinting that the next move may be a rate cut, and the...
[Alberto Gallo] Central banks have broken capitalism

ColumnistsApr 28, 2019

It has been a decade since the Federal Reserve and other central banks began cutting interest rates to zero -- or even below -- and injecting unprecedented amounts of cash into the global financial s...
[Noah Smith] Industrialization the only hope for Africa

ColumnistsApr 25, 2019

African industrialization has to be among the most important things happening in the world right now. The vast continent, with more than 1.2 billion people, is home to an increasing fraction of the h...
[Eli Lake] When will the UN’s chief speak up for the Uighurs?

ColumnistsApr 24, 2019

There are a lot of people in the world who can plausibly claim ignorance of China’s foul campaign against its Muslim minority, but UN Secretary-General Antonio Guterres is not among them. Six months ...
[Mihir Sharma] Sri Lanka’s pain is going to spread

ColumnistsApr 23, 2019

In Sri Lanka, memories of war and terrorism are very much alive. The decadeslong civil war between the Sinhala-dominated government in Colombo and the Liberation Tigers of Tamil Eelam was brutal by a...
[David Fickling] We should let China spy on us

ColumnistsApr 22, 2019

Even as the US and China seem headed toward a truce on trade, their rivalry is heating up in other areas. The threat of espionage taking place under the cover of routine activities appears to be a p...
[Cass R. Sunstein] Mueller left a strong hint on obstruction

ColumnistsApr 21, 2019

In coming to terms with Special Counsel Robert Mueller’s report, we should adopt a principle of neutrality and put entirely to one side our enthusiasm, or our lack of it, for President Donald Trump. ...
[Juan Guaido] Why China should switch sides in Venezuela

ColumnistsApr 16, 2019

China is the world’s largest oil importer and Venezuela has the largest proven oil reserves in the world. For these two reasons alone, the economic relationship between the nations will inevitably gr...
[Pankaj Mishra] The secret to Modi’s success

ColumnistsApr 15, 2019

On the face of things, Narendra Modi has failed variously and spectacularly as India’s prime minister. After pledging to create millions of jobs, he has -- according to a leaked government report -- ...
[Ferdinando Giugliano] How populists can ruin a global recovery

ColumnistsApr 10, 2019

There is a strange sound of relief coming out of the International Monetary Fund. The IMF has slashed its global growth forecasts to the lowest level since the financial crisis, but it also believes...
[Mohamed A. el-Erian] China-US trade deal could be mere cease-fire

ColumnistsApr 8, 2019

China and the US last week signaled substantial progress in their trade negotiations, as President Xi Jinping welcomed a “new consensus.” One question remains, however: Why has the US opted to deal b...
[Ronald W. Chan] Investors should buy a ticket to Indonesia

ColumnistsApr 7, 2019

It’s not Bollywood yet, but Indonesia could be germinating Asia’s next big film scene. After years of stifled growth and censorship, new cinemas are opening across the vast Southeast Asian archipelag...
[Adam Minter] No silver bullet for China’s plastics problem

ColumnistsApr 4, 2019

Since 2004, China has been the world’s largest generator of waste, including plastics. And, since 2010 at least, China has been the largest source of waste plastic flowing into the world’s oceans. To...
[Andrew Browne] Detroit could be next victim of a tech cold war

ColumnistsApr 1, 2019

These are testing times for Detroit’s big automakers as they puzzle over where to place their bets. Pickup trucks or driverless cars? Internal combustion engines or electric motors? Hardware or softw...
[Lionel Laurent] Xi Jinping and Huawei are a serious threat to European unity

ColumnistsApr 1, 2019

To understand Europe’s muddle over China, look at Monaco. The tiny tax haven, famous for its casinos, has forged an unlikely partnership with the communist state that would have Lenin spinning in hi...