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[ed] Reigniting speculation
It has become all too clear now: the biggest weapon of President Park's second economic team for quick recovery is reinvigorating the housing market. Following the sharp lifting of mortgage-backed loan limits in July, the government said Monday tha..

[ed] Easing gaming control
Is the government on a path to repealing the night curfew on teenagers' Internet gaming? In a joint press meeting on Monday, the Ministry of Gender Equality and Family and the Ministry of Culture, Sports and Tourism said children under 16 would be ..

[ed] Swelling household debt
Korea is evaluated to have weathered the 2008 global financial crisis relatively well, compared with the United States and other industrialized countries, thanks to its restrictions on mortgage loans. But these countries have successfully reduced h..

[ed] Overly reliant on China
When Chinese President Xi Jinping visited Korea in July, Korean chaebol owners were in a last-minute tug-of-war to attend a meeting with top Chinese officials, it was belatedly learned. The tycoons' anxiety was more than understandable, given how t..

[ed] Crippled parliament
The National Assembly's regular session opens Monday, but prospects for smooth sailing are grim because of a protracted standoff between the ruling and opposition parties over the "special Sewol bill."

[ed] 'Welfare default'
Mayors and heads of the nations 226 local autonomous bodies last week threatened to declare a "welfare default," arguing that welfare expenses, including those for the basic pension, are exacerbating their budgetary constraints. In a statement is..

[ed] Workers' right to strike
The Supreme Court, under Chief Justice Yang Seung-tae, ruled on Wednesday that rail workers who staged a series of strikes in 2008 and 2009 had broken the law, unjustly interfering with KORAIL's business activities. The strikes were undertaken in r..

[ed] Easier English exam
Korean parents who recently saw the English tests for college entrance must have been surprised at their level of difficulty. Even college graduates might find it hard to understand some sample sentences. It must take enormous struggle - and near p..

[ed] State-issued textbook
The Park Geun-hye administration is attempting to return to an era when there was only one history book for all schoolchildren in the country. The government should abandon this anachronistic plan right away. Defying the government's wishes, an abs..

[ed] Retirement pensions
Koreas poverty rate among the elderly reached 48.5 percent in 2011, the highest among nations in the Organization for Economic Cooperation and Development (OECD), and this was more than four times the OECD average of 11.6 percent. But the nationa..

[ed] Lawmakers' sit-in
The main opposition New Politics Alliance for Democracy (NPAD) has quit the National Assembly and launched outdoor protests again, demanding that the ruling Saenuri Party accept its proposal to reach a compromise on the stalled special Sewol law. N..

[ed] Easing grip on bankers
The government said Monday that it would promote creative financing by ensuring that bank officers did not lose their jobs if they approved bad loans, as long as those officers followed appropriate procedures when screening applications. The go..

[ed] Endless blame game
It's hard to repress pity and anger while watching the endless partisan brawl over the "special Sewol bill." It's pitiful that major parties are only focused on calculating political gains and losses under the pretext of legal debates. And it's exa..

[ed] Revived airport dispute
Another controversy is heating up following the Ministry of Land, Infrastructure and Transport's forecast on Monday that passenger traffic at an international airport near the nations second-largest city of Busan will reach a saturation point in ..

[ed] Where is diplomacy?
Since she took office a year and a half ago, President Park Geun-hye has earned higher marks for diplomacy than she has for domestic affairs. Upon closer examination, this is not because Park did well in managing external relationships but because ..

[ed] Greedy banks
Few would dispute that the heyday for banks in Korea has long passed, given the prolongation of low interest rates. So their struggle to make profits is, in part, understandable, but their opportunistic behavior - cashing in on the Bank of Koreas..

[ed] Breaking the deadlock
Koreas corrupt and incompetent political and administrative systems were behind the sinking of the Sewol ferry on April 16. More than four months later, the poor handling of the disasters aftermath is about to sink the nations politics and adm..

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