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Asia
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…
May 25, 2011
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…
May 25, 2011
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…
May 25, 2011
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…
May 25, 2011
Korean Kontext recently spoke to Gordon Flake of the Mike and Maureen Mansfield Foundation for a conversation about Korea’s rising prominence as a “middle power”. Focussing on South Korea’s rapidly…
July 24, 2012
62 years ago on this day of June 25, hostilities broke out on the Korean peninsula. It was a conflict that ended only due to what everybody thought would be…
June 25, 2012
Korean Kontext caught up with Man Asian literary prize winner Shin Kyung-sook for a chat about her latest novel, “Please Look After Mom”. Shin became the first woman and South…
June 15, 2012
In this special episode, Korean Kontext had the opportunity to speak to South Korean Minister for Trade, Bark Taeho, during his latest visit to Washington DC. KEI’s Vice President, Dr.…
May 31, 2012
On May 29, 2025, in what will likely be his last public speech as a government official, South Korean Foreign Minister Cho Tae-yul reviewed the accomplishments of and challenges faced by the Yoon Suk Yeol administration. Cho noted the challenges of navigating deepening international conflict and geopolitical rivalry. In addition, as a cabinet member in…
June 2, 2025
KEI will hold a hybrid event on June 6 with former U.S. ambassadors to South Korea and examine implications of the election’s outcome on U.S.-Korea relations. Click here to learn more and register to attend. South Korean voters will elect a new president on June 3, 2025, following the impeachment of former President Yoon Suk…
June 2, 2025
With the removal of President Yoon Suk Yeol from office, South Koreans head to the polls next week to pick his successor. The leading candidate is Lee Jae-myung of the Democratic Party, a progressive politician with a track record of being critical of Japan. In 2023, he engaged in a twenty-four-day hunger strike to protest…
May 30, 2025
Economic data for South Korea from recent months, analyzed by the Korea Economic Institute of America (KEI), offers an early indicator of how U.S.-imposed tariffs from April 2 might impact Korea’s economy and U.S.-Korea trade. Section 232 tariffs on steel and aluminum imports went into effect in February, followed by tariffs on autos on April…