Tuesday, September 16, 2014
External debt is rearing its ugly head again. Many developing countries are facing reduced export earnings and foreign reserves.
Monday, September 15, 2014
War is stupid. Jonathan Swift told us so in the 18th century with his “Gulliver's Travels,” in which the two kingdoms of Lilliput and Blefuscu fought a war over the controversy on the question whether eggs should be broken at the big or short end. Another stupid war started in the Middle East.
> Joe Hung
Seven weeks before elections, Republicans and Democrats are both playing it safe, willing to make short-term sacrifices of long-held positions in hopes of maximizing their chances for victory at the polls.
On Sept. 15, it will be six years since the collapse of Lehman Brothers. With the U.S. economy still operating below par and Europe struggling to stay above water, the question is whether the medicine applied after 2008 was right.
The Sewol ferry disaster in April raised public awareness of the importance of reforming the civil service. A key element in the reforms is shutting down the system of revolving-door appointments, in which retired civil servants move to private-sector jobs related to their previous duties.
Sunday, September 14, 2014
The challenge to governments and people of the Middle East and North Africa by the Islamic State (IS) has to be met effectively. To succeed, United States leaders above all must be realistic as well as determined.
Newspaper headlines almost always interest, even fascinate me. Forgive me, then, for asking readers today (you, my friends) to take a little quiz at the beginning about a couple headlines. This is an easy quiz, and nothing to worry about.
Syrian President Bashar Assad's government is angry Washington has not taken it on as a partner in the international campaign to hit the Islamic State group, likely for a very significant reason: It is worried that once the United States has crossed the Rubicon of airstrikes in Syria, it could next turn its sights on Assad himself, aiming for his eventual downfall.
The government has announced a drastic increase in cigarette prices to fight cigarette smoking, which is a serious problem in Korea. The announcement included nonprice-related antismoking programs like tougher packaging rules and restrictions on advertisements of tobacco products at retail shops.
Saturday, September 13, 2014
Speaking in the somber shadow of the September 11th anniversary of the terrorist attacks on America in 2001, U.S. President Barack Obama sought to stake out an ambitious military and political strategy to degrade and defeat the new surge of Middle Eastern terrorism now sweeping Iraq and Syria.