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Opinion

Editorial

Mon, March 30, 2020 | 16:27

Long fight ahead

Despite the government's strengthened “social distancing” measures, the new coronavirus is showing few signs of abating in South Korea. Rather, concerns about a new wave of infections have been rising recently as new COVID-19 clusters have emerged and cases are continuously being reported from among those who have arrived from abroad.

Na Jeong-ju2020-03-29 16:46

NK fires missiles yet again

North Korea launched what appeared to be two short-range ballistic missiles toward the East Sea, Sunday, about a week after it fired two missiles believed to be its version of the U.S. Army Tactical Missile System (ATACMS), March 21.

Na Jeong-ju2020-03-29 16:43

United front against virus

The leaders of the Group of 20 major economies have promised to step up international cooperation in fighting the coronavirus pandemic. During a video summit Thursday, they agreed to present a united front against COVID-19 - a common threat to global public health. They also committed to do whatever it takes to minimize the negative economic impact of the highly contagious vi...

Park Yoon-bae2020-03-27 17:10

Refiners on cliff's edge

The nation's oil refining industry is going through unprecedented difficulties. Hit by a set of adverse factors, including the new coronavirus pandemic, refineries face mounting challenges. According to banking industry regulators, the financial costs of four major refiners - SK Innovation, GS Caltex, Hyundai Oilbank and S-Oil - have surged to around 1 trillion won ($814 mill...

Park Yoon-bae2020-03-27 17:00

'Unlimited' money supply

The Bank of Korea (BOK) has taken the unprecedented step of supplying “unlimited liquidity” to the market for the next three months. This measure is intended to prevent a credit crunch arising from the coronavirus pandemic. It is also designed to finance the government's massive economic stimulus package.

Park Yoon-bae2020-03-26 17:00

Japan's absurd assertions

The Japanese government's preposterous assertion that “Korea is illegally occupying Dokdo” will likely appear in most of that country's middle school textbooks to be used next year. Tokyo's absurd territorial claim over the volcanic outcroppings in the East Sea is not exactly news but is getting stronger with every passing year.

Park Yoon-bae2020-03-26 17:00

Imported COVID-19 cases

The government said Wednesday it will conduct coronavirus tests on all passengers arriving from the United States at airports and ports, and place them under a mandatory two-week self-quarantine beginning Friday, regardless of whether or not they have symptoms.

Na Jeong-ju2020-03-25 16:46

Basic anti-disaster income

Gyeonggi Province has unveiled a plan to pay a disaster-related basic income of 100,000 won ($80) to each resident in April to help them overcome the economic fallout from the coronavirus pandemic. Gyeonggi will be the first local government here to deliver universal payments to all residents.

Park Yoon-bae2020-03-25 16:43

Doubling rescue package

President Moon Jae-in's decision to double an economic rescue package to 100 trillion won ($80 billion) reflects his determination to minimize the economic damage arising from the coronavirus pandemic. This massive package also reflects a sense of crisis that the Korean economy may collapse due to a potential credit crunch amid the public health disaster.

Park Yoon-bae2020-03-24 17:00

Shocking digital sex crimes

Public rage is soaring at a “sex slave” video case, in which heinous predators made and distributed videos and photos of women being abused, including underage girls, for commercial gain through group chat rooms of the Telegram messenger service.

Park Yoon-bae2020-03-24 17:00

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