Globally, 1.3 billion tons of food is wasted each year. In the United States alone, 30-40% of the food supply is thrown out due to spoilage during the production process, culling of blemished items, exposure to pests, and consumer waste from buying and preparing more than is needed. Biodegrading food waste accounts for 6% of…
July 19, 2022
In May, South Korea’s Supreme Court ruled in favor of a plaintiff who sought back pay from his former employer who had capped his wage on the basis of his age. Korean firms practice a “peak wage” system, which gradually cuts the salary of older workers as they approach retirement. The policy is intended to…
June 4, 2022
Speaking at the World Gas Conference in Daegu, President Yoon Suk Yeol outlined his vision for South Korea to achieve the global carbon neutrality goal through a "reasonable mix of nuclear power, renewable energy, and natural gas.” He also called on the private sector to make investments overseas to help meet Korea’s energy security needs.…
May 30, 2022
South Korea has one of the lowest food self-sufficiency rates among OECD countries. Supply chain constraints during the pandemic brought the country’s reliance on food imports into focus. Now, the crisis in Ukraine, coupled with India’s restriction of wheat exports, threatens to further raise domestic food prices. Even after experiencing a sudden spike in global…