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International oil prices have risen dramatically, raising the possibility of a “third oil shock.” During the first oil crisis in 1973, the annual average price soared to $85/barrel (bbl) in…
After more than two years of negotiation, false starts, and delay, Korea announced in April its intention to fully open its market to imports of U.S. beef, subject to finalization…
For Korea watchers—and particularly for those of us who worked closely on events associated with President Lee’s visit to Washington—April was a very rewarding month. After multiple protocol meetings, site…
As reported in the previous issue of Korea Insight (“The Bulldozer Moves In: Lee Myung-bak is Inaugurated as the Republic of Korea’s President”), President Lee moved to streamline the government…
Despite being industrial powerhouses, Korea and Japan are both resource-poor nations with limited domestic sources of energy. Powering their economies required both to develop supply chains for fossil fuels, nuclear…
In 2023, KEI has set out on its “Rethinking Korea initiative,” which explores the evolution of U.S.-Korea relations, Korea’s place in the world, and rapid changes in Korean society itself.…
In 2023, KEI has set out on its “Rethinking Korea initiative,” which explores the evolution of U.S.-Korea relations, Korea’s place in the world, and rapid changes in Korean society itself.…
In 2023, KEI has set out on its “Rethinking Korea initiative,” which explores the evolution of U.S.-Korea relations, Korea’s place in the world, and rapid changes in Korean society itself.…
By Patrick Niceforo Last year, North Korea dominated international headlines with stories about their satellite launch, ballistic missile launches, and two nuclear tests. However, another interesting phenomenon did not receive as much media attention. In 2016, while Thae Yong-ho’s defection from North Korea’s London embassy was widely covered, a total of 1,418 North Korean refugees…
By William Brown Beijing’s Commerce Ministry surprised everyone on Friday, announcing a halt to imports of any coal from North Korea in 2017, a much deeper reduction than was called for by the November 30 UNSC resolution, which allows 7.5 million tons for the year, worth up to $401 million. Only Beijing knows the reasoning…
By Troy Stangarone With the arrest of Lee Jae-yong on charges of bribery, embezzlement, perjury, and the illegal transfer of funds abroad, Samsung faces a period of uncertainty at a critical time for South Korea’s leading chaebol. Last year, Samsung had begun to turn around declining trends in earnings and seemed to turn a corner…
By Juni Kim Monday’s assassination of Kim Jong-un’s eldest half-brother Kim Jong-nam has been widely thought to have been carried out on the North Korean regime’s order, perhaps even coming from Kim Jong-un himself. If this proves to be true, the murder of Kim Jong-nam marks an infamous dip for the regime into fratricide. Kim…