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Daily news updates provided by Joongang Daily
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Mar. 27, 2013
- Boosting domestic investment
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Local corporate capital is rushing out of the country while foreign direct investment remains more or less flat. At this rate, all the efforts to increase jobs will be in vain. According to the Korea Chamber of Commerce and Industry, capital investment rose 4 percent annually on average over th...
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Mar. 26, 2013
- The DUP’s unforgivable sin
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Early buds of forsythia are beginning to paint various parts of Seoul yellow, but the waters around Baekryeong Island on the tense borderline are still icy cold. The sea bellows wails of grief every March. The waves moan on both calm and windy days. Sometime they weep silently and sometime they...
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Mar. 26, 2013
- Talk back to the president
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“You can fool some of the people all of the time, and all of the people some of the time. But you cannot fool all of the people all of the time,” said Abraham Lincoln. The quote is often cited when you want to emphasize that honesty is the best policy. President Park Geun-hye has earned the ...
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Mar. 26, 2013
- Standing firm against provocations
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Today marks the third anniversary of the tragic sinking of the Cheonan warship along the tense maritime border in the Yellow Sea. Forty-six sailors on board the naval corvette lost their lives due to North Korea’s cloak-and-dagger torpedo attack in the cold waters. We still feel the pain, ange...
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Mar. 26, 2013
- Economic expectations
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Deputy Prime Minister for Economy Hyun Oh-seok has finally begun his term in office, fully activating President Park Geun-hye’s economic team a month after her administration was inaugurated. Hyun, who is also the Minister of Strategy and Finance, laid out four economic priorities in his inaugu...
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Mar. 25, 2013
- Iraq War and Korea: 10 years later
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This week is the 10th anniversary of the war in Iraq. Across the United States, there are multiple efforts to reflect on and debate the impact of the war. It is also worth thinking about the impact of the Iraq War on the Korean Peninsula. On the larger question of whether the war was worth figh...
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Mar. 25, 2013
- A grand design for the peninsula
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If North Korea is accountable for the recent computer disruptions of major television networks and banks as suspected, our security risk from the belligerent neighbor across the border may enter an entirely new territory. Modern warfare is carried out through electronics, technology and informa...
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Mar. 25, 2013
- No change without communication
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A month has passed since the new Park Geun-hye administration kicked off. But the change she proclaimed is not tangible yet. In an interview with the JoongAng Ilbo, Kim Kwang-doo, head of Park’s think tank National Future Research Institute, said he could not feel the wind of change. He added t...
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Mar. 25, 2013
- Social elites gone wild
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Prominent human rights activist Go Eun-tae of Joongbu University found himself in hot water for making gratuitous sexual advances at a female fan of his work. Go served as the first Korean national on the international commission of Amnesty International. Impressed by his lecture, a woman in her...
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Mar. 22, 2013
- Keep nuclear ambiguity an option
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Military experts speculate that some nuclear weapons loaded onto U.S. naval vessels or Strategic Air Force bombers that took part in the U.S.-Korea joint military exercises, the Key Resolve and the Foal Eagle, could be left behind. Of course, they are extremely sensitive issues. The U.S. authori...
