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Suggestions to the President

Mon, October 22, 2018 | 16:53

Opinion > Guest Column >

Base rate policy dilemma persists

On Oct. 18, the Bank of Korea (BOK) decided to keep its benchmark interest rate unchanged at 1.5 percent. Governor Lee Ju-yeol said the monetary policy board froze the base rate in order to support economic growth. He added the central bank needs to focus on financial stability until the next board meeting.

Guest Column | 2018-10-22 15:47

The Brexit endgame

The United Kingdom's “Remainers,” who still hope to reverse Britain's decision to leave the European Union, have placarded British cities with a simple question: “Brexit _ Is It Worth It?” Well, is it?

Guest Column | 2018-10-22 15:35

Presidential cannibalism

Several years ago I wrote an article about how Korea treats its former presidents, and noted that once they leave office bad things happen to them, and in some cases, bad things happen that cause them to leave office. I concluded that the way presidents are treated is as if they are eaten, in effect, and I used the term “presidential cannibalism.” I thought that the way Korean society treats their former presidents is not unlike the way some insects and animals in nature eat their young, or their spouse. Cannibalism ― eating one's own.

Guest Column | 2018-10-22 14:41

Time to help Hungary

Hungary's revolution against its Soviet occupiers in 1956 was three generations ago. Back then, Hungarians had come to believe that their uprising would be supported by American might.

Guest Column | 2018-10-21 17:33

Salvaged torpedo parts and Cheonan sinking

Anyone can tell apart the steel parts from the aluminum parts of a salvaged torpedo - heavily corroded - that the Korean government presented following the sinking of the Navy ship Cheonan. To corrosion scientists/engineers, it was patently obvious that the white material on the salvaged torpedo parts consisted of corrosion products of aluminum and nothing else.

Guest Column | 2018-10-21 17:29

Insurers focus on environmental, social, governance investing

Insurers globally see increased investment returns as a key tool to boost overall business profitability, a trend we identified back in 2017 when a number of other means to maintain profitability seemed to have largely run their course.

Guest Column | 2018-10-19 17:30

UN Human Rights Council charade

In a riveting election for new members of the Human Rights Council, the General Assembly voted for 18 new members. Yet, given that all prospective candidates were unopposed, the perfunctory ballot simply selected a list of states where everyone won, including some notorious human rights abusers.

Guest Column | 2018-10-19 17:24

Lessons from Korean development

Last year in October, I led an Afghan delegation from the urban sector to visit the Republic of Korea to participate in a seminar organized by the Korean government for high level government officials from Afghanistan.

Guest Column | 2018-10-18 17:27

Khashoggi: worse than crime

If Saudi Arabia's de facto ruler, Crown Prince Mohammed bin Salman (MBS), really did sent a hit team to Turkey to murder dissident Saudi journalist Jamal Khashoggi in the Saudi Consulate in Istanbul early this month, what will happen next? Perhaps history can help us here.

Guest Column | 2018-10-18 17:26

End of death penalty

In a proud day for Washington, the state Supreme Court affirmed last week that the death penalty, as applied, is arbitrary, biased and unconstitutional.

Guest Column | 2018-10-18 17:24

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