South Korea continues to demonstrate its confidence in America by once again in 2016 increasing its holdings of $38.8 billion in investments at U.S.-based companies, nearly double the level the year prior to the implementation of the Korea-U.S. Free Trade Agreement (KORUS FTA) in 2011.
In back-to-back announcements, both Peru and Mexico announced that they would be expelling the North Korean ambassador from their countries, although they stopped short of cutting off diplomatic ties altogether.
One contextual parallel between the two presidents is that Moon and de Gaulle both came to power following a domestic political crisis.
Elon Musk tweeted that AI has “vastly more risk than North Korea.” So, it may be ironic that Korean companies are so eager to apply AI into their services.
Analysts have attributed recent market downturns to North Korean provocations, but investors seem to be reacting more negatively to responses from the Trump administration.
Rumors flooded Washington over the Labor Day holiday weekend that the U.S. would soon withdraw from the Korea-U.S. Free Trade Agreement (KORUS FTA).
On August 9, right before hitting his 100th day in office, Korean President Moon Jae-In unveiled his plan to expand Korea’s already extensive healthcare system, a proposal quickly dubbed “Mooncare.”
Much has changed since President Trump first raised his concerns about the KORUS FTA,
Scandals have led to a pushback against Korean franchises.
Kakao Bank launched its internet-only banking service on Thursday, July 27, meeting unprecedented enthusiasm from Korean users.