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[Photo News] Consumer price woes

IndustryMay 17, 2022

A customer looks around a cosmetics section of a department store in Seoul. Manufacturers for health and beauty products have been under increasing pressure to raise product prices amid the prolonged Russian attack on Ukraine and intensifying concerns over Indonesia’s palm oil export ban.
[Mary Robinson] Supplying the Green Transition Must Be Fast and Fair

ViewpointsMay 17, 2022

Can we avert climate catastrophe without unleashing a tsunami of human-rights abuses? Policymakers, investors, CEOs, and the boards of mining firms should be seeking -- and delivering -- positive answers to that question. Instead, the failure to engage with human-rights concerns could derail our already faltering journey to a low-carbon world. At the United Nations Climate Change Conference (COP...
[Mark Z. Barabak] In Ukraine, using an anti-Trump playbook to go after Putin

ViewpointsMay 17, 2022

Over the last two decades, Mike Madrid has battled Democrats, Republicans, Donald Trump and a pesky family of squirrels that assumed residence in the eave of his Midtown Sacramento home. His latest mission is taking on Vladimir Putin and the substructure of lies and misinformation the Russian leader built to support the invasion and attempted takeover of Ukraine. “This is a war of the digital a...
[Editorial] COVID-19 woes in NK

EditorialMay 17, 2022

While the entire world was fighting tooth and nail to contain the COVID-19 pandemic over the past two years, North Korea remained tightly closed and insisted it is coronavirus-free in a way that spawned much speculation. Last Thursday, Pyongyang finally broke its silence and reported through state media that the country had its first COVID cases. Since then, a flurry of bad news has been coming ...
[Hashtag Korea] [Land of Squid Game] We’re gganbu!

CultureMay 16, 2022

In one of the episodes of the Netflix series “Squid Game,” an old man hands over his last marble to the lead character, Gi Hun, saying, “We are gganbu. Gganbu always share everything with each other, no matter what.” By handing over his last marble, he lets Gi Hun win. The term “gganbu” in the story means close companions, like blood brothers who share everything without expecting anything in re...
[J. Bradford DeLong] Good inflation news from the bond market

ViewpointsMay 16, 2022

As of May 6, the bond market expected US consumer price inflation to average 2.5 percent between five and 10 years from now. That is the rate of inflation needed to equalize returns on inflation-indexed and nonindexed US Treasury securities. And given that CPI inflation has been running higher than the rate associated with the implicit price deflator for personal consumption expenditures, I count...
[Editorial] Unending sex scandals

EditorialMay 16, 2022

A sex scandal hit the Democratic Party of Korea again. The party decided Thursday to expel Rep. Park Wan-joo for his “sexual illegality” against his female aide. Park is a three-term lawmaker who once held key posts in the party -- chief policymaker, first vice floor leader and a member of the Supreme Council. The party said it would not disclose details of the incident to prevent secondary v...
[Visual History of Korea] Roman treasures buried with Silla royals at the end of Silk Road

CultureMay 14, 2022

Considering there were only 20 households designated to manage Silla ancestral royal tombs in the south, and similarly some 20 gravekeepers for the Northern Yan kingdom (407-436) graves in the west at the time, the sheer number of sumyoin dedicated to the protection of Goguryeo’s royal tombs speaks volumes about the size and the wealth of the Goguryeo empire. Virtually no Roman glassware have be...
[Scholars and their Spaces] Man of integrity: Maeng Sa-seong

CultureMay 14, 2022

Maeng integrated all traditional Korean music, including music of the Three Kingdoms, into a greater scope of national music. For this, he persuaded Park Yeon, a prominent musician who insisted on using Chinese-style ritual music, to complete a Korean-style ritual music piece in collaboration with him. It shows that he was gentle and delicate in nature and reveals another aspect of him as a cultu...
[Temple to Table] Sweet taste of food in spring: Fresh kimchi with bomdong and deodeok in doenjang sauce

Food&BeverageMay 14, 2022

Society attributes a variety of adjectives to temple food such as healthy, natural and cleaner. Are such words accurate? Ven. Dorim, who teaches at Hyangjeok Segye, a culinary art institute operated by the Cultural Corps of Korean Buddhism, disagrees, saying, “Temple food is not that grand.” Monastics use the same ingredients that Koreans used to eat in leaner times and prepare them in ways to ...
[김대균의 영어산책] 쉬운 단어로 만들어진 영어표현

English EyeMay 13, 2022

쉬운 단어로 만들어진 영어표현 3개 공부! 단어가 쉽다고 그 단어가 쓰인 표현이 다 쉬운 것은 아니다! 오늘은 쉽게 봤다가 큰 코 다칠 수 있는 표현 3가지를 정리해 보자! 보너스 표현도 있으니 같이 정리하면 반드시 쓸 일이 있을 것이다! 1. I heard it on the grapevine.(풍문으로 들었소!) 오며 가며 들리는 소문에 의해 듣게 되는 소식들이 있다. 소문이다 보니 정확한 사실인지는 모르는 진위를 알 수 없는 소문과 관련된 영어 단어로 rumor가 있다. 타인에 대해 ‘수근거린다’는 의미로 gossip이란 단어도 있는데, 사실에 대한 수근거림이니 rumor와는 의미가 조금 다르다. rumor, gossip 두 단어의 공통점은 부정적인 뉘앙스가 있다는 것이다. 특별히 부정적인 뉘앙스...
[Well-curated weekend] Kick back at classical music listening room, bask in warm weather or watch world go by at rooftop cafe

CultureMay 13, 2022

The cafe offers craft beers and various wines priced between 8,000 won to 16,000 won per glass. Pizza, Gambas al Ajillo and a cheese plate are also available to pair with your drinks. The cafe opens at 1 p.m. and closes at 10 p.m. during the weekend. It is closed on Mondays and Tuesdays. ( gypark@heraldcorp.com ) ( yunapark@heraldcorp.com ) ( sj_lee@heraldcorp.com )
[Trudy Rubin] Putin’s Victory Day speech shows how Russia can be defeated -- and how Ukraine can win

ViewpointsMay 13, 2022

When Vladimir Putin stood on a Red Square podium Monday, at the annual celebration of the Soviet victory in World War II over Nazi Germany, he looked weak and defensive. Putin didn’t use his speech to formally declare war on Ukraine. He didn’t call for a mass mobilization, or repeat threats to use nuclear weapons. Nor did he talk of Russian “victories” in Ukraine. In a telling indication of how...
[Editorial] No easy task

EditorialMay 13, 2022

The new economic team of the Yoon Suk-yeol administration is confronted with a crisis from the very beginning of its term. The continued rise in inflation, interest rates and the US dollar -- the so-called “three highs” -- pose a grave threat for the South Korean economy. For Deputy Prime Minister and Finance Minister Choo Kyung-ho, the three highs are only one of the serious risk factors he has...
NK fires ballistic missile in 16th show of force this year

North KoreaMay 12, 2022

North Korea fired another ballistic missile into the East Sea on Thursday, continuing a series of launches that have raised tensions on the Korean Peninsula. According to South Korea’s Joint Chiefs of Staff, a projectile suspected of being a ballistic missile was fired into the East Sea. Thursday’s launch is North Korea’s 16th show of force this year. The most recent was a submarine-launched ba...