2004 Posts located
Korea has once again been threatened by financial contagion that started in another country. In 1997, it began with Thai baht; this time, the trouble started on Wall Street. Since…
When the curtain fell on the XXIX Beijing Olympics, South Korean athletes, with 13 gold, 10 silver, and 8 bronze medals, had proven once again that, ranking seventh in the…
Black September, Meltdown Monday, America’s Financial 9/11, Financial Tsunami, Perfect Storm, worse financial crisis since the Great Depression 1929… Whatever the term used, recent events on Wall Street will certainly…
Adhering to the action-for-action framework of the February 13, 2007 agreement, North Korea and the United States traded symbolic actions last week that grabbed the headlines—explosive video footage of North…
This week, we have a very special guest who flew in from Paris to talk about Korea's economy. Dr. Randall Jones is head of the Japan/Korea Desk at the Organization…
As Seoul has grown, it has become more and more international. The city has been making an effort to attract more foreign visitors, whether as tourists, students or workers. This…
Over the last 50 years, Myanmar has oscillated between periods of friendship with South Korea and partnership with North Korea. As Myanmar opens to the international community, however, investment and…
Anyone who has spent time in Korea knows the term Yellow Dust. Sand from Mongolia sweeps across China, picking up pollutants and carrying them across borders. Every spring, Koreans bring…
This year began with a trip by Secretary of the Navy Carlos Del Toro to visit Korean shipyards and court Korean investment in US shipbuilding. In June 2024, Hanwha Ocean made a bid to purchase Philly Shipyard and secure a foothold for Korean shipbuilding in the United States. While Hanwha Ocean had previously bid for…
As multiple conflicts abroad caused ripples through the world of commerce and trade, the United States and South Korea came into the year broadly aligned on strategies to derisk and diversify supply chains, extending efforts to limit single country reliance on key material imports and integrating national security with economic security. Investments in advanced manufacturing…
Financial issues plagued North Korea in 2024 with Kim Jong Un’s singular success, halting the hyperinflation and currency debasement, suddenly coming unraveled in mid-year. After a decade of price and currency stability, the value of the North Korean won suddenly fell by about two-thirds between July and December. By year’s end, 27,000 won was needed…
Contributors (last name alphabetical): Andy Hong, Jaehyoung Ju, Je Heon (James) Kim, Joo Young Kim, Sheewon Min This timeline highlights major events in the aftermath of South Korean President Yoon Suk Yeol’s declaration of martial law on December 3, 2024 up to President Yoon's impeachment vote. The timeline will periodically update in reverse chronological order with brief descriptions and sources linked to each event. Time stamps…