1919 Posts located
There may have been no one who anticipated the bankruptcy of Lehman Brothers, once one of the top five global investment banks. The shocking news reverberated through the Korean financial…
Korea’s economy in 2008 was adversely impacted by high commodity prices, especially oil, and by financial and real shocks started by the collapse of housing prices in the United States…
The twenty-first century has already been dubbed the Asian century. Although this nomination may be premature, it is certain that its fi rst decade belongs to Asia. This is reflected…
This past year—2007—was another solid one for Korea’s economy. Buoyed by continued strong exports and a pickup in domestic demand, real GDP is estimated to have grown by nearly 5…
Recently released data from the Department of Commerce confirmed that the United States achieved record-level export of services to South Korea in 2018 – $24.5 billion. Combined with the trade…
We imagine North Korea as a country that is carrying on not only a conflict left over from the Cold War, but also a decrepit legacy economy from the past.…
The second summit between President Donald Trump and North Korean leader Kim Jong-un on February 27 and 28 ended without an agreement. The key difference in the two leaders’ negotiating…
As the complex negotiations between North Korea, the United States, and South Korea continue, it is worthwhile to review what the current U.S. presence on the Korean Peninsula looks like.…
By Nicholas Hamisevicz Next week, President Lee Myung-bak and South Korea will host numerous leaders and heads-of-state from around the world for the 2012 Nuclear Security Summit. On the sidelines of the summit, President Lee will host approximately 27 bilateral meetings with various counterparts, including Prime Minister Manmohan Singh of India. After a year dedicated…
By Peter Crail The upcoming Nuclear Security Summit in Seoul will, for the second time, bring significant high-level attention to the threat of nuclear terrorism and the global responsibility of nuclear material security. World leaders have recognized that a nuclear terrorist attack anywhere would have global consequences, and that with enough nuclear material spread around…
By Ambassador Kim Young-mok Jeju Island is one of Korea’s most attractive tourist destinations for Koreans and foreign visitors. Its reputation of unique beauty and majesty has been widely known for a long time. Indeed, Jeju is a special place. Its distinct traditions, diverse flora, magnificent landscapes and what could only be described as playful…
By Sarah K. Yun On Friday, March 16, 2012, North Korea announced that it will launch a long-range rocket in April which will carry a “working” satellite. The Korean Central News Agency, North Korea’s state-run media, stated that the satellite named Kwangmyongsong-3 will “strictly abide by relevant international regulations and usage concerning the launch of…