White House Targets Chinese Solar Imports: Tariffs on Dual-sided Panels and Blocking Circumventing Exports through Southeast Asia The U.S. government has decided to reimpose tariffs on made-in-China dual-sided solar panels. This move comes on the heels of increasing tariffs on China-made solar cells to 50%, which doubles the existing rate, and shows that the U.S. government is targeting the Chinese solar industry. The White House announced on the 16th (local time) that […]
Weapons for Defense, Not Dollars: North Korea's Stance on Arms Exports Revealed! Kim Yo Jong, Deputy Director of the Workers’ Party of Korea and sister of North Korean leader Kim Jong Un, has claimed that North Korea’s alleged weapons exports to Russia are not for export but against South Korea. In a statement released through the Korean Central News Agency on the 17th, Deputy Director Kim stated, […]
U.S. Slaps $5 Million Bounty on North Korean IT Workers in Corporate Espionage Scandal The U.S. government has put a bounty of up to $5 million on North Korean IT workers who have infiltrated American companies. These North Korean employees worked remotely at over 300 U.S. companies using fake American identities, earning over $6.8 million. The US Department of State announced on the 16th (local time) that it is […]
IMF Report: Biden's Trade Policies May Lead to Massive Global Economic Losses The International Monetary Fund (IMF) criticized U.S. President Joe Biden’s aggressive tariff policy towards China as a threat to global economic growth. According to Bloomberg on the 16th (local time), IMF spokesperson Julie Kozak warned at a regular briefing that “the U.S. must maintain an open trade policy that is essential for economic performance.” She […]
Commerce Chief Warns: Chinese Cars Could Track Your Every Move On May 15th (local time), U.S. Commerce Secretary Gina Raimondo announced plans to introduce regulations on Chinese-made connected vehicles this fall. According to Reuters, Secretary Raimondo stated this during her appearance before a U.S. Senate Appropriations Committee subcommittee, emphasizing that “the risk to national security is significant.” Secretary Raimondo suggested that the U.S. could take […]
U.S. Backtracks on Arms Cutoff, Commits $1 Billion to Aid Israel The southern city of the Gaza Strip, Rafah, was devastated by Israeli airstrikes [Photo=Reuters·Yonh ...
From Baseball to ByteDance: McCourt's Major League Tech Play Frank McCourt, the American real estate tycoon and former owner of the LA Dodgers, has announced his plan to acquire the US business rights of the Chinese video platform TikTok. Attention is now focused on the potential acquisition price. TikTok is highly popular among American teenagers but faces pressure from US authorities for forced sale […]
No U.S. Troops? Biden Seeks Arab Peacekeepers for Gaza On the 15th (local time), people are sitting in a refugee camp in the central region of the Gaza St ...
Germany Cuts Taxes on Overtime to Boost Productivity and Compete Globally The German government is pushing a policy to reduce taxes on overtime work. This is an effort to...
From Pandemic to Prosperity: How U.S. Households Accumulated Wealth A recent study reveals that US consumers have amassed $4.3 trillion more in liquid financial assets than before the pandemic. Despite the depletion of surplus savings amassed through pandemic relief funds, American consumers still have strong purchasing power. This suggests that the slowdown in inflation may be slower than expected due to strong demand. According […]
Secrets of Kim Jong Un's Rule: Rare Glimpse Inside North Korea's Training School North Korean leader Kim Jong Un toured the internal facilities of the newly completed Central Cadres Training School...
Countdown to Confrontation: Biden and Trump's Debate Dates Announced On November 5 (local time), it was confirmed that the first TV debate between President Joe Biden and former President Donald Trump, who are both recontesting in the U.S. presidential election as Democratic and Republican candidates respectively, will take place on June 27 and September 10. President Biden announced on social media platform X (formerly […]
Putin's Bold Move: Economic Expert to Lead Russia's Defense Ministry Russia’s Defense Minister Sergei Shoigu will be replaced by former first deputy prime minister and economic expert Andrei Belousov after 12 years in office. According to TASS, Russian President Vladimir Putin proposed this personnel change to the upper house on the 12th, local time. Shoigu was appointed as the secretary of the National Security Council […]
Hitting China Where It Hurts: Biden Raises Tariffs on Electric Cars and Semiconductors The Biden administration in the United States has significantly increased trade barriers against China by quadrupling the tariff on Chinese electric vehicles to 100% and imposing high tariffs on some semiconductors. This move appears to preemptively block the entry of Chinese low-cost exports into the U.S. market while demonstrating its willingness to watch over China […]
Ukraine vs Russia: The Fight for Territory Continues Russia, which had previously moved ground forces into the northeastern region where Ukraine’s second-largest city, Kharkiv, is located, claimed on the 11th (local time) that it had seized five towns in the area. Ukraine has denied stating that a counterattack is underway. It is unclear whether Russia’s advance is to penetrate deep into Ukrainian territory […]
Russia's Power Reshuffle: Putin Replaces Defense Minister in Midst of Ukraine War As the war in Ukraine, ignited by Russia’s invasion, has continued for three years, Russian President Vladimir Putin has been broadening his scope since his recent re-election. Some suggest that Russia has launched a major counter-offensive after successfully blocking Ukraine’s last counter-attack. According to Yonhap News, TASS reported that Putin decided to replace his Defense […]
Mexico Election Chaos: 24 Candidates Killed, Hundreds Drop Out - Is Democracy Under Threat? As the aftermath of Senate elections early next month in Mexico, a wave of violence by criminal gang ...
Biden's Trade Tactics: New Tariffs Targeting Chinese Electric Cars The Biden administration in the United States is expected to announce a comprehensive decision on tariffs against China as early as this Tuesday, according to Bloomberg News on May 9, 2024. This is expected to target key strategic sectors while rejecting the comprehensive tariff hike pushed by former President Donald Trump. The U.S. government plans […]
North Korea Threatens Nations Enforcing UN Sanctions to Reconsider Positions On the 13th, North Korea criticized the recent intensification of surveillance by UN member countries to implement the Security Council’s sanctions against North Korea, calling it a “provocative act that led to escalating tensions and destabilization.” The director of the Foreign Policy Department of the North Korean Ministry of Foreign Affairs expressed serious concern about […]
Trump's Bid for Presidency: A Billion-Dollar Bargain with Oil Executives Donald Trump, who is running for his second term in the 2024 Presidential Election always attracts attention with his comments. He’s good at such strategies. According to The Washington Post, he told oil company executives that he would end the electric vehicle incentives if they donated $1 billion to his election campaign. It’s well known […]
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