South Korea’s political parties appear to be renewing their focus on identifying key voting blocs. The Democratic Party’s (DP) promotion and removal of 26-year-old women’s rights activist Park Ji-Hyun may reflect this effort in action. However, the identity of the leader still plays an outsized role while bottom-up demands often go unaddressed. 2022 marked the…
July 2, 2022
On June 20, 2022, the Korean Intellectual Property Office (KIPO) began recruiting Small and Medium Enterprises (SMEs) for a new program designed to bolster SMEs’ preparation against international patent disputes. This reflected Korea’s recognition of SMEs as a leader in the country’s technological advancement. According to the KIPO, the total number of patent applications in…
June 27, 2022
As of June, South Korea’s gasoline prices increased 31% from last year. The country’s complete dependence on imports means that it is not only extremely sensitive to global shocks in supply but also shifts in the South Korean won’s (KRW) exchange rate. Foremost, Russia’s invasion of Ukraine negatively affected the global supply of energy. Russian…
June 26, 2022
South Korea, Japan, and the United States have pledged to deepen security cooperation in response to growing threats from North Korea. On June 11, the nations convened at a Trilateral Ministerial Meeting and issued a joint statement condemning North Korea’s provocative posture and reaffirming their commitment to nuclear non-proliferation. But this trilateral alignment repeats the…