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Reporter : Park Yoon-bae
Sun, November 27, 2022 | 14:48
Thaw the Freeze for Freeze
China's proposal of a “freeze for freeze” deserves some comment. I'll eventually say it needs a thaw. China claims to want a nonnuclear peninsula. Never mind her nukes or those of America and other players. China proposes the North halt her nuclear tests (freeze) in exchange for the U.S. and South Korea ending their military exercises (for freeze). Trump claims Xi knows it's a nonstarter. The Chinese government continues to state it as a serious proposal. The North needs to agree but has already shown its contempt for the idea.
Setback to diplomacy
President Moon Jae-in wrapped up his four-day state visit to China Saturday. His summit with Chinese President Xi Jinping has certainly provided an impetus to mend ties between the two countries, which have been strained over the deployment of a U.S. anti-missile battery in South Korea.
Frozen job market
The employment status board in President Moon Jae-in's Cheong Wa Dae office shows how eager he is to create jobs. So the November employment report might be all the more disappointing for Moon, who vowed to be the “jobs president.”
The evolving threat of Islamic State
Were Akayed Ullah a more accomplished suicide bomber, we might today be writing about the horrible repercussions of mass casualties in New York City's subway just days before Christmas. Fortunately, Ullah's makeshift bomb failed to fully detonate; he was most seriously injured in his own attack.
Surveying the damage of low interest rates
For years after the 2008 financial crisis, policymakers congratulated themselves for having averted a second Great Depression. They had responded to the global recession with the kind of Keynesian fiscal and monetary stimulus that the moment required.
Belt, road and Moon
The Northeast Asia Peace and Cooperation Initiative (NAPCI), inherited and embraced by the Moon Jae-in administration, remains a logical structure around which to build its relationships in the region. In fact it may be the most well-grounded and widely-supported external initiative by this government.
Hope for peace on Korean Peninsula
In Beijing last Thursday, President Xi Jinping of China and President Moon Jae-in of South Korea agreed on four important principles: not to tolerate war on the Korean Peninsula, to support a denuclearized Korean Peninsula, to achieve denuclearization through dialogue and negotiations, and to improve inter-Korean relations towards the end of denuclearization.
Woman terrorist who bombed passenger plane
She was an 18-year-old learning Japanese at Pyongyang Foreign Language School. One day in 1980, she was asked to get some new training to become a spy and she went through training on the rifle range, throwing grenades, fighting with a trench knife and other combat skills, all of which she excelled.
Tax haven blacklist
The European Union's first-ever blacklist of 17 tax havens is seen as its efforts to crack down on international tax avoidance and evasion. It is a step in the right direction to establish a global system for fair taxation.
Korean reactors in UK
It is significant in more than a few ways that the Korea Electric Power Corp. has recently become the preferred bidder to build a nuclear power station in northwest England.
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