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The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

Opinion

Columnists

. Daniel Shin

License to die: Life with dignity

The death of Queen Elizabeth II brought condolences from global leaders and people from all walks of life. Her death has prompted the memories of her majestic influence, which finally came to an end after 70 years of her reign. Her legacy will remain strong. Like all others, we will miss her. What makes it sad, though, is that it is only a few months after Great Britain celeb...

2022-09-18 14:34

. Robert Atkinson

Korea should capitalize on soaring dollar

The U.S. dollar has reached near-record highs, including against the Korean won which is down 16 percent over the last 20 months. This makes U.S. imports to Korea more expensive and Korean exports to the U.S. less expensive. Great for American consumers but bad for American workers. And vice versa for Korea.

2022-09-15 17:05

Troy Stangarone

Complexity of Inflation Reduction Act

The Inflation Reduction Act (IRA) has complicated U.S.-Korea relations and spurred accusations by one senior Korean official that the new electric vehicle requirements are a “betrayal.” However, the IRA is also a complex piece of legislation designed significantly to reduce U.S. greenhouse gas emissions and reshape supply chains for critical minerals.

2022-09-15 15:54

. Kim Sang-woo

Self-reflective Tokyo a must to improve ties with Seoul

In 2018, Seoul's Supreme Court ruled in favor of Korean forced labor victims, saying the Japanese companies, Mitsubishi Heavy Industries and Nippon Steel, were liable for their wartime actions.

2022-09-15 15:49

. Song Kyung-jin

Unilateralism is no answer to friendshoring

Unilateralism tends to create more problems than solutions. The U.S. Inflation Reduction Act (IRA) is a good case in point. Enacted on Aug. 16, the IRA is meant to deal with challenges the U.S. economy is faced with - to fight high inflation, combat climate change and create a 15 percent minimum corporate tax rate. The causes are noble; however, it is centered on investments ...

2022-09-13 15:16

Cho Hee-kyoung

Hapless Leviathan: a critical look at investor-state dispute settlement

As the month of August drew to a close, it seemed that the long-running dispute between Lone Star, a private equity fund from Texas, and the government of South Korea was finally coming to an end. The international arbitration tribunal established to hear the investor state dispute case brought by Lone Star ordered the Korean government to pay it $216.5 million in damages plu...

2022-09-13 15:13

. Ahn Ho-young

Worrying aspects of Inflation Reduction Act

The Inflation Reduction Act of 2022 was signed into law by U.S. President Joe Biden on Aug. 16. The law has a lot of merits. It is believed to help the U.S. to reduce the deficit. It will help to lower prescription drug prices, which are too high by international standards as I experienced through many years of living in the U.S. Furthermore, it will significantly help to pro...

2022-09-12 17:40

. Kim Won-soo

Korea: shrimp or safety valve between US, China?

World politics is going through a great upheaval. The Russian invasion of Ukraine is the latest manifestation of the growing malaise in big power relations. At its center lies the rising rivalry between the United States and China, the world's two most powerful states and leaders of their respective blocs.

2022-09-12 17:38

. Donald Kirk

Admitting North Korea to 'nuclear club'

James Clapper, a retired air force lieutenant general who served two tours in South Korea and then as President Barack Obama's director of national intelligence from 2010 to 2017, has shocked a virtual forum by asking, rhetorically, if “our policy of demanding North Korean denuclearization is going to work.”

2022-09-08 15:44

. Yoon Byung-se

Agenda for humanity in high season of diplomacy

To many top policymakers around the world, the remainder of this year will be a most hectic time. It is the high season of diplomacy - both regionally and globally. This year, it will be more so than ever, due to the war in Ukraine, supply chain disruptions and economic security issues, energy and food crises, the pandemic, the U.S.-China competition, the climate crisis and t...

2022-09-08 15:09

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Top 10 Stories

1	People attempt to cut surging heating costs with creative solutions

2	SK E&S retains gov't support for Barossa gas project in Australia

3	Seoul to work with Hanoi to pursue peace on Korean peninsula

4	Cabinet ministries turn deaf ear to watchdog's advice on sexual minorities

5	More Korean manufacturers enjoy Georgia's hospitality

6	Superintendent of Seoul Education Office gets suspended jail term

7	KT&G aims to become global top-tier company

8	Indonesia celebrates 50th anniversary of diplomatic ties with Korea via virtual event

9	LGES to capitalize on US IRA, Tesla partnership to continue record earnings

10	Middle East 'sales diplomacy' picks up speed

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