Displaying all content tagged with the region Asia.
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Asia
The most important single variable for any trade-dependent country like Korea is robust and sustainable growth for the world economy. Korea takes a sharp hit to its exports, and thus…
August 31, 2011
Despite the critical function of the armistice, very little political attention has been paid to the agreement, with few bureaucrats, policymakers, and Korea experts sufficiently knowledgeable about its details. Surprisingly,…
July 1, 2011
In the past few months, Korea’s profile as a peaceful nuclear power has risen with the announcement of a deal for its first ever export of a nuclear power plant—to…
May 25, 2011
In April 29, with national flags lowered to half-mast across South Korea, a siren blew at 10 a.m. calling for a moment of silence for the 46 sailors lost in…
May 25, 2011
North Korea is putting on a tough face as the world confronts the COVID-19 pandemic. Authorities in Pyongyang continue to reassure the rest of the world that nothing is wrong…
July 24, 2020
Looking back on the Korean War, one might assume that the outbreak of a violent conflict that killed millions of people would preclude the possibility of a peaceful resolution of…
July 10, 2020
It would not be an exaggeration to claim that the Korean War shaped world history. There had been bloodshed elsewhere that bookmarked the start of the bitter conflict between the…
July 3, 2020
The international force that answered the United Nation’s call to defend the Republic of Korea between 1950 and 1953 did more than engage in combat with North Korean and Chinese…
June 26, 2020
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…
December 24, 2024
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…
December 23, 2024
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…
December 20, 2024
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…