External debt is rearing its ugly head again. Many developing countries are facing reduced export earnings and foreign reserves.
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
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.
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.
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.
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.
As the 18th Saarc Summit is around the corner, the government is busy sweeping up the streets of Katmandu and planting flowers alongside.
Korea has seen its exports to China, its largest trading partner, falling this year, even as its overall shipments abroad continue to grow. This trend is worrisome for Korea, which relies on the world's most populous nation for nearly 30 percent of its exports.