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Daily news updates provided by Joongang Daily
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Apr. 15, 2013
- Kim Jong-un’s self-hypnosis
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North Korea’s leader Kim Jong-un has fallen into his own trap. To confirm his position as the successor of the Kim dynasty, he told his people: We have nuclear weapons and missiles. We can turn Seoul into a sea of fire. We can attack the United States’ capital city of Washington with an inter...
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Apr. 15, 2013
- No gain from belligerent threats
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U.S. Secretary of State John Kerry in Seoul sent a strong warning against North Korea’s fiddling with a missile or nuclear test while suggesting dialogue if Pyongyang stops provocations and recommit itself to denuclearization. “If Kim Jong-un decides to launch a missile across the Sea of Japan...
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Apr. 15, 2013
- Actions not words
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U.S. Secretary of State John Kerry announced that he had agreed with Chinese authorities to jointly seek denuclearization on the Korean Peninsula. Following yesterday’s meeting with China’s State Councilor Yang Jiechi in Beijing after his visit to Seoul, Kerry stressed that the agreement is n...
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Apr. 12, 2013
- The two innovation economies
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For 250 years, technological innovation has driven economic development. But the economics of innovation are very different for those at the frontier versus those who are followers striving to catch up. At the frontier, the innovation economy begins with discovery and culminates in speculation...
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Apr. 12, 2013
- Crossing ‘Dog Bridge’
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One former minister-turned lawmaker phoned to say he would be late to a study meeting. We asked him where he was. He said he was crossing the “Dog Bridge.” The meeting was in Yongsan district across the Han River. I had never heard of a “Dog Bridge” in Seoul. When he arrived, he explained...
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Apr. 12, 2013
- We need to talk
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The government has proposed dialogue with North Korea. In a statement yesterday, Ryoo Kihl-jae, unification minister, asked North Korea to come to the negotiation table to discuss the issues North Korea raises, stressing the importance of normalization of the closed Kaesong Industrial Complex. ...
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Apr. 12, 2013
- Use the collaboration momentum
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South Korean health minister Chin Young and his Saudi Arabian counterpart Abdullah bin Abdulaziz Al Rabiah have signed a landmark deal on broad-scale cooperation in heath care that will likely serve as a boon to the local medical supply industry. Under the so-called “Twinning Project,” the ...
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Apr. 11, 2013
- Intensify media diplomacy
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“North Korea is unappreciative of Chinese support and in fact is putting the country in an awkward position in a maverick way. .?.?. It spends whatever money it has on nuclear development. .?.?. Does the regime even care for its people?” wrote a researcher at Tianjin Academy of Social Sciences...
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Apr. 11, 2013
- Kim Dae-jung’s lessons for Park
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Amidst the fears of the Asian foreign exchange crisis, two solemn-faced men exchanged greetings in an office on the 15th floor of the Korea Investment Management Company in Yeouido on a late January evening in 1998. They were Kim Yong-whan and Chung Duck-koo. At the time, Kim was the head of the...
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Apr. 11, 2013
- Limit the North’s Internet access
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The government has announced that North Korea was behind the March 20 cyberattacks against three major television networks and two financial companies in Seoul. A joint response team comprised of the government, military and civilian sectors said that a cyberattack unit under the Reconnaissanc...
