China’s Restaurant Crisis: Over 1 Million Eateries Shut Down Amid Economic MeltdownChina’s economic downturn has devastated the restaurant and tea house sectors, with over 1 million closures in the year's first half.
US National Debt Hits a Record $35 Trillion—What It Means for Your WalletAccording to data from the Treasury Department, the total public debt balance reached $35 trillion on July 28.
North Korean Leader Praises 'Miracle' Rescue of 4,200 Flood VictimsKim Jong Un visited the flood-affected areas in North Korea yesterday, where he directed the rescue and evacuation of residents.
Supply Chain Alert: China Temporarily Suspends Urea ExportsChina has halted exports of urea once again after two months due to domestic fertilizer supply issues. However, as South Korea diversifies its urea import, the domestic impact is expected to be limited. On June 18, The Ministry of Strategy and Finance announced, “On the 7th, the government became aware that the export clearance of […]
Fisker Faces Recall Crisis: 18,000+ Electric Vehicles Across North America and Europe Pulled for Safety FixesFisker recalled more than 18,000 vehicles across North America and Europe, citing software defects and non-compliance with safety standards.
Kashmir's Economic Crisis Sparks Protests: One Officer Dead, Dozens InjuredKashmir is facing its worst economic crisis. According to a local official on the 12th, in Pakistan- ...
Brazil's Deadly Dengue Fever Crisis Worst Year on RecordBrazil has reported record numbers of deaths and infections from dengue fever. Although the country’s Ministry of Health reports that the spread of the disease has slowed recently, there is still concern that the number of infections and deaths could continue to increase. According to official data released by the Ministry of Health on the […]
South Korea's Yoon Suk Yeol's Presidency CrisisThe primary factor exerting the most substantial influence was “pricing and other unresolved issues concerning people’s livelihood.” The approval rating for President Yoon Suk Yeol’s governance was notably low. On the 18th, the findings of the National Index Survey (NBS) conducted from the 15th to the 17th by Embrain Public, K-Stat Research, Korea Research, and […]
China's Population Crisis: A Threat to Its Economic Supremacy?Elderly population expected to reach 38% by 2050Retirement age at 60, the world’s lowestThe Hukou System hinders economic growthUrbanization rate must reach 75-80% As China faces complex issues of economic slowdown, low birth rate, and aging population, its status as the world’s second-largest economy is wavering. The Economist recently introduced a solution for China’s population crisis. […]
China Facing Severe Population Crisis as 24 Provinces Show Natural DecreaseRecent statistics have confirmed the severity of China’s population crisis. According to the statistics researched last year, 24 provinces, cities, and autonomous regions showed a natural decrease in population out of 28. This suggests that the outlook will likely be quite bleak in the future. The scene in front of Tiananmen Square, a central location […]
Boeing CEO Dave Calhoun to Step Down Amid Safety Crisis and Management ShakeupBoeing’s CEO, Dave Calhoun, is resigning and taking responsibility for several incidents. On the 25th, Boeing announced that, as part of a broad management overhaul due to the safety crisis caused by the in-flight panel crash of the 737 Max model last January, CEO Dave Calhoun will take responsibility and plans to resign by the […]
Young Chinese Embrace Gold Bean Investments as Economic Slowdown Intensifies, Bloomberg FindsYonhap News Chinese in their 20s and 30s are turning to “Gold Bean” investments, trading small units of gold, to cope with economic stagnation. On the 15th, Bloomberg reported that as China’s economic slowdown crisis intensifies, the popularity of Gold Bean, which allows relatively low-cost investments, is soaring, especially among younger generations. The Gold Bean, […]
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