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Opinion

Editorial

Sat, August 8, 2020 | 07:12

Addicted to fiscal spending

Economic associations in 18 countries have forecast that the post-coronavirus global economy will fall into a double-dip slump, the Federation of Korean Industries (FKI) said Monday, based on a recent survey.

2020-06-09 17:15

Political neutrality over audit

The powerful state audit and inspection agency has invited criticism for delaying the announcement of its findings following an inspection into a government decision to close a nuclear reactor. This led to the agency's chief apologizing for the delay Friday, saying he would conclude the inspection and reveal the results soon.

2020-06-08 17:13

Current account blues

The country's current account swung to a big deficit in April from a surplus in March due largely to a sharp decline in exports caused by the coronavirus pandemic. The country posted a $3.12 billion current account deficit in April, compared with a $5.96 billion surplus in March. The shortfall was the biggest since January 2011 when South Korea suffered a $3.16 billion curren...

2020-06-08 16:41

The idea of basic income has been thrown into the center of political debate. Kim Chong-in, head of the conservative opposition United Future Party's emergency committee for reform, is acting as the catalyst fueling the debate.

2020-06-07 18:12

Review of KCDC upgrade

To the relief of many, President Moon Jae-in has called for a complete review of the just-unveiled scheme to elevate the Korea Centers for Disease Control and Prevention (KCDC). It is a bold but right step that will address the necessity to fortify the nation's diseases prevention and treatment ability when they occur, but also plan for the next ones.

2020-06-07 16:08

Avoid diplomatic debacle

South Korea and Japan are showing signs of reigniting their diplomatic row over the latter's wartime forced labor. If they fail to find a compromise, the two countries may risk aggravating their already-sourced relations further.

2020-06-05 17:13

Ban on anti-North leaflets

North Korea demanded Thursday that the South keep defectors from the North from flying anti-Pyongyang leaflets into the communist state. Kim Yo-jong, sister of North Korean leader Kim Jong-un and first deputy director of the North's ruling Workers' Party, made the demand in a statement in the Rodong Sinmun, the party's mouthpiece newspaper.

2020-06-05 17:12

Survival of opposition

The main opposition's floor leader Joo Ho-young has been making some eye-catching moves. At the very least, they are measured attempts at party survival, and at best, a path toward becoming a viable opposition of center-of-road conservatism. We will find out in the days ahead.

2020-06-05 17:12

Unprecedented extra budget

It is rare for a government to draw up a third supplementary budget in a year, but the Moon Jae-in administration has drawn one up. This shows how desperate the country is to tackle the COVID-19 pandemic and its devastating impact on the economy.

2020-06-04 17:10

Review of Samsung probes

Samsung Group is trying to save Lee Jae-yong, the heir-apparent of the nation's largest conglomerate, from criminal charges including using suspected illegal methods in the transfer of the group's managerial control. Lee and some top-ranking executives asked the prosecution, Tuesday, to convene a committee of outside experts to review the validity of the potential indictment.

2020-06-04 17:08

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