Most Popular
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Marine Corps commander summoned by CIO for questioning on alleged influence-peddling case
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Debate rages over ‘overly fatty’ samgyeopsal
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[Weekender] Korean psyche untangled: Musok
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40 flights canceled on Jeju Island due to bad weather
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N. Korea slams US, other countries for seeking alternative to UN sanctions monitoring panel
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[Eye Interview] 'If you live to 100, you might as well be happy,' says 88-year-old bestselling essayist
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Pandemic left Korea more depressed than before: report
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Gov't appears to shelve punitive measures against mass walkout by doctors
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From fake prostitution ring to nonexistent robber, prank calls hamper police
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Missing S. Korean traveler in Paris found safe after 2 weeks
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[Editorial] Blame is misplaced in deportation row
The Philippines sent a special envoy to Taipei on Monday to explain away a misunderstanding in regard to its deportation of 14 Taiwanese nationals to China rather than Taiwan for trial on fraud charges. Manuel Roxas, a former senator and confidant of Filipino President Benigno Aquino III, refused to apologize on Wednesday for what Manila calls a regrettable incident. It all started right after 24
Feb. 25, 2011
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[Zhang Monan] Demographic dividend: A loss not to worry about
Labor shortage, previously felt in some of China’s economically developed regions, is becoming a reality in the rest of the country now. This became evident again when some inland provinces entered into a fierce battle with eastern and coastal areas for laborers shortly after lunar New Year. The supply of abundant and cheap labor, called “demographic dividend” by many, is considered one of the mos
Feb. 25, 2011
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Another bite by Apple into music services
As CD sales plummeted, music executives looked in hope toward a new business model: Instead of trying to sell albums for $15 to $20 apiece, offer unlimited access to songs online for a flat monthly fee. The idea, however, has yet to catch on with the masses of music fans. The main impediment for many years was that subscribers couldn’t use the services on the MP3 players that most of them owned, A
Feb. 24, 2011
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[Peter Goldmark] Questions for China and the U.S.
Every serious global problem has an important China angle. The Chinese are everywhere, and they’re not going away any time soon.As a matter of fact, the Chinese are firmly convinced that this is “their” century, and that they will displace the United States as global economic leader.The last country with a dominant global economic role that had to face a boisterous, fast-growing upstart was Britai
Feb. 24, 2011
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[Yang Sung-chul] The ‘homo electronicus’ revolution
The two recently fallen dictators in the Middle East, Zine al Abidine Ben Ali, Tunisia’s dictator-president of 23 years, and Hosni Mubarak, Egypt’s autocratic president of 30 years, sternly reminds us that liberty is worth fighting for. A political cataclysm is now reverberating in the region and beyond. Libya’s brutal dictator for 42 years, Moammar Gadhafi, too, is at a tipping point. So is Yemen
Feb. 24, 2011
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[Jens Bastian] Euro gets cold shoulder at ballot box of outrage
The result in Hamburg couldn’t have been more punishing for the Christian Democratic Union and for Chancellor Angela Merkel. The first of seven regional elections in Germany this year left no doubt about where German voters stand on a much larger issue: the euro crisis.The race for mayor of the city-state, the equivalent of the premier in other German states, was won by the candidate from the oppo
Feb. 24, 2011
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[Laurence Kotlikoff] When pretending fails to hide bankruptcy
Our country is bankrupt. It’s not bankrupt in 30 years or five years. It’s bankrupt today.Want proof? Look at President Barack Obama’s 2010 budget. It showed a massive fiscal gap over the next 75 years, the closure of which requires immediate tax increases, spending cuts, or some combination totaling 8 percent of gross domestic product. To put 8 percent of GDP in perspective, this year’s employee
Feb. 24, 2011
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[Robert B. Reich] A strategy to split working Americans
The Republican strategy is to split the vast middle and working class ― pitting unionized workers against non-unionized, public-sector workers against non-public, older workers within sight of Medicare and Social Security against younger workers who don’t believe these programs will be there for them, and the poor against the working middle class.By splitting working America along these lines, Rep
Feb. 24, 2011
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Taking tobacco out of the baseball game
It’s good to see the boys of summer back on the baseball field. It will be even better if more players take the field without a pinch of chewing tobacco tucked under their lower lips.Sure, that puffed-out jaw of Lenny “Nails” Dykstra will live in the memory of every Philadelphia Phillies’ fan who ever watched him tear up the base paths. And ballplayers’ chewing habit goes back more than a century,
Feb. 23, 2011
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Kansai alliance and decentralization in Japan
The expanded Kansai regional alliance, which has the promise of becoming the first such organization to achieve efficient administration beyond prefectural boundaries, is hard at work.In this connection, there is no need to be obsessed with prefectural administrative borders in effect since the Meiji era (1868-1912). Transport conditions and the communications environment have changed drastically
Feb. 23, 2011
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[Li Peilin] On road to balanced society
China has taken giant strides toward economic and social development. This has expedited its transformation from the previous class structure of workers, farmers, cadres and intellectuals to a more complicated one that comprises more classes and groups. To find the best way to handle and coordinate the interests of all classes and groups in today’s changed and pluralistic society and form a vigoro
Feb. 23, 2011
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[Lee Jae-min] Return of the Machu Picchu artifacts
A foreign government suing Yale University? That is an odd combination of opponents in a legal dispute. But that is what is happening in the U.S. federal court in Washington, D.C. In December 2008, the Peruvian government filed a complaint against Yale to reclaim Machu Picchu cultural artifacts from the Peabody Museum of Natural History of Yale University. The artifacts are pottery, textiles and b
Feb. 23, 2011
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[William Pesek] Investors unite: Buy Australian bank debt
Investors of the world, unite and buy Australian bank debt. Why? Moody’s Investors Service suggests you shouldn’t.Really, in our post-U.S.-crisis world, is there a better contrarian indicator? Credit raters missed the Asian crisis, Russia’s default, the tech-stock crash, Enron, the U.S. housing bubble, Wall Street’s collapse and Europe’s meltdown. Now, we’re supposed to care what they think about
Feb. 23, 2011
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[Kevin Hassett] Trump’s run for president requires memory loss
After making a big splash at the Conservative Political Action Conference in Washington this month, Donald Trump was asked if he is considering a run for the presidency.“I’m incredibly tempted,” he responded.If Trump gives in to temptation, his past actions and positions may collectively provide the biggest handicap for a major candidate in the history of presidential politics.If he decides to run
Feb. 23, 2011
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[Joel Brinkley] A temple and a tempest at the border
Across the Middle East and beyond, kings and dictators are quaking in their castles, afraid their people will throw them from power. All except one, that is.In Cambodia, long-time dictator Hun Sen, like his fellow potentates around the world, watched the news and figured out his own strategy. He decided to give a speech and threaten his people.“I would like to tell you that if you want to strike a
Feb. 23, 2011
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Bare minimum arms necessity for Indonesia
The offer of two squadrons of used F-16 jet fighters ― gratis ― from the United States seems too good to be true. With its aging defense weaponry systems in desperate need of upgrading, the Indonesian Military (TNI) signaled last week it had accepted the offer under a U.S. grant. The ball is back in the U.S. court to decide whether to proceed with the deal or not.But wait. Nothing is as free as it
Feb. 22, 2011
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[Abeer Mohammed] Iraqis view Egypt with admiration
BAGHDAD ― Frustrated with high unemployment, poor public services and corruption, Iraqis have been transfixed by media coverage of the uprising in Cairo. But while many are filled with admiration for the Egyptian people’s efforts, most here appear reluctant to follow suit.“I never watched any news on TV, but now I am following it daily,” said Namareq Sultan, 22, a medical student in Baghdad, regar
Feb. 22, 2011
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[Howard Davies] G20 summit and Sarkozy’s moment
LONDON ― A little more than three years ago, just as the financial crisis was getting into full swing, I published a guide to the international system of financial regulation, “Global Financial Regulation: The Essential Guide.” It described an elaborate spider’s web of committees, councils, and agencies with overlapping responsibilities, unrepresentative memberships, and inadequate enforcement pow
Feb. 22, 2011
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[Doyle McManus] Debt and a tough-talking governor
President Obama’s new budget contains no serious proposal for solving two of the biggest fiscal problems facing the federal government: Medicare and Social Security. And though Republican leaders in Congress are happy to take swipes at his proposals, they haven’t come up with a serious plan of their own to fix those popular programs either.But one potential Republican presidential candidate recent
Feb. 22, 2011
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[Albert Hunt] Republican budget cuts at heart of medical research
President Barack Obama’s call for “investments” in education, infrastructure and science and health research is dismissed by most congressional Republicans as a fig leaf for more big-government spending. That underlies the House’s decision Feb. 19 to slash $61 billion from an array of discretionary spending programs in the current fiscal year budget. This may make proponents feel good, yet, as alm
Feb. 22, 2011