China Warns of Long-Term Impact on EU Economy from New EV TariffsIn response to the European Union’s (EU) announcement of imposing additional tariffs on Chinese-made electric vehicles (EVs), China has hinted at a strong countermeasure, stating that “this action will harm the interests of the EU.” According to Chinese media outlets on the 16th, the National Development and Reform Commission (NDRC), the department overseeing China’s economic […]
BYD Stock Surges Despite New EU TariffsAP Newsis NH Investment & Securities stated on the 14th that the stock price of BYD has surged despite Europe imposing additional tariffs on Chinese electric vehicles (EVs). The firm analyzed that the impact of these measures on earnings is projected to be limited, and attention should be paid to the company’s competitiveness. The European […]
Scandalous YouTube Prankster Won a Seat in the EU ElectionsA popular prank YouTuber has sparked controversy after being elected as a member of the European Parliament.
Was the EU Commissioner's Surprise Meeting with Israeli PM a Diplomatic Misstep?The meeting between EU Commissioner for Neighbourhood and Enlargement Oliver Varhelyi, Israeli Prime Minister Benjamin Netanyahu, and Defense Minister Yoav Gallant sparked controversy. Critics argue his actions as inappropriate, contrasting with the EU’s recent tough messages towards Israel. On the 29th, Varhelyi announced on X that “it was an honor to meet with Netanyahu to […]
Putin Unhappy with Western Nations' Support for Ukraine Striking BackAmid growing calls from Western countries supplying weapons to Ukraine to allow attacks on Russian territory, Russian President Vladimir Putin has warned that such a policy could lead to serious consequences. According to AFP and other reports, Secretary General of the North Atlantic Treaty Organization (NATO) Jens Stoltenberg reiterated during an interview with The Economist […]
Navigating Carbon Costs: Small Businesses in South Korea Face New EU Export ChallengesThe Ministry of SMEs and Startups held an EU Carbon Border Adjustment Mechanism (CBAM) Response SME Support Plan Announcement Meeting at the Korea Chamber of Commerce and Industry in Jung-gu, Seoul, on the 22nd. The CBAM, which has been on a trial run since last October, is a system that requires the purchase of certificates […]
Steel Showdown: U.S. Industry Braces for Surge in Chinese ImportsThere’s growing concern that the supply of low-cost steel from China will intensify. As global trade barriers against Chinese steel rise, analysts predict that China will increase its exports to Southeast Asia, including South Korea. The steel industry is accelerating its response measures, such as filing anti-dumping lawsuits. On the 20th, industry insiders reported that […]
EU Targets Meta: Possible Fines for Child Safety Violations on Social PlatformsMeta may face fines due to violations of the European Union (EU) content regulations. On the 16th (local time), the EU regulatory authority announced that social media sites Facebook and Instagram, platforms of Meta will be investigated for potential violations of EU online content rules related to child safety. Tech companies must make more efforts […]
Hungary Welcomes China's Investment: A Strategic Move Amid EU's ResistanceChinese President Xi Jinping (left) and Hungarian Prime Minister Viktor Orban. Photo: Xinhua/Yonhap ...
Differences in China's Approach Strategy Between US and EUChina is attracting attention for its dual strategy in response to the oversupply issues raised by the United States and the European Union (EU). While it has announced the introduction of new tariff laws to counteract the high tariff measures of the West, it is sending love calls to the EU, with Chinese President Xi […]
Hildegard Müller Warns Against Trade Barriers with ChinaAccording to an interview article by China Daily on April 29, 2024, Hildegard Müller, the president of the German Association of the Automotive Industry (VDA), has stated that the European Union’s actions against Chinese electric vehicles, such as additional tariffs, will not resolve the challenges faced by the European automotive industry. The VDA did not […]
EU vs. Russia: Kremlin Stands Firm Against Sanctions on LNG TradeRussia has shown the will to overcome the sanctions imposed by the European Union (EU). The Kremlin in Russia announced on the 27th that it would find a way to overcome the illegal sanctions imposed by the EU on the liquefied natural gas (LNG) business. An EU official announced last Thursday that the EU Executive […]
Gold Fever: China's Investors Spark a Price RallySince the end of last year, the price of gold has been hitting record highs daily, sparking increased interest in gold-related investments. Searching for today’s gold and gold prices has become a daily routine. However, according to a News1 report on the 24th, citing the British daily Financial Times (FT), the gold price rally may […]
Digital Trade War That May Spice Up the Digital EraThe digital trade war targeting U.S. tech giants is intensifying worldwide. Alongside the European Union (EU) overtly implementing the Digital Market Act (DMA), traditional U.S. allies such as Canada and Japan are also pushing extensive tech regulations. Following Huawei, China, on the verge of losing TikTok, fiercely retaliates across all sectors, including semiconductors and software. […]
EU Decides to Impose More Sanctions Against Iran, Targeting Missile and Drone ProductionPreventing large-scale Israeli retaliation is keyEU foreign ministers to discuss further on May 22 Leaders of the 27 European Union (EU) countries agreed on the 17th (local time) to strengthen sanctions against Iran, which attacked Israel. EU member states attended a special EU summit in Brussels, Belgium, where they decided to tighten sanctions against Iran […]
EU Leaders Unite Against Iran, Call for Tougher SanctionsEuropean Union (EU) Leaders have agreed to tighten sanctions against Iran amid escalating tensions in the Middle East over Iran’s retaliatory attack on Israel. According to Reuters on January 17 (local time), EU leaders condemned Iran’s attack and reaffirmed their support for Israel’s security at the special EU summit held in Brussels, Belgium. They also […]
Chinese Railroad Company Pulls Out of Bulgaria as EU Probes Into Unfair Subsidy BeginsA Chinese state-owned company, which had won a public tender project in Bulgaria, a member of the European Union (EU), has abandoned the contract after initiating an EU investigation into unfair subsidies. The EU Commission announced on the 26th (local time) that CRRC Qingdao Sifang, a subsidiary of CRRC, withdrew from the tender contract for […]
EU Pressures Big U.S. Tech Companies: Apple, Google, Meta Under ScrutinyThe European Union (EU) has launched an investigation into big tech corporations just 18 days after initiating the Digital Markets Act (DMA). The companies under scrutiny are Apple, Google (Alphabet), and Meta, with the EU examining whether these corporations have violated the DMA regarding allowing external payments, search exposure, and personal data collection. The companies […]
U.S., EU on High Alert: Heightened Security Measures Post-Russian 'Terrorism'France Elevates Anti-Terror Alert to Highest LevelPoland, Adjacent to Ukraine, Strengthens SecurityItaly Increases Security Measures Ahead of EasterU.S. Prepares for Potential Cross-Border Terrorists Following the shooting attack by an armed group in Moscow, Russia, the United States and major Western European countries have successively intensified their anti-terrorism security measures. The United States, concerned about terrorist […]
Why North Korean Human Rights Concern International Community: 3 Key Reasons It Matters - Part 2The second reason is the dimension of shared values of humanity. Because the foundation of the modern international community is human rights, following the UN Charter and the Universal Declaration of Human Rights, human rights are not a value that only a specific group or country should protect, but humanity should follow together. Therefore, human […]
China Warns of Long-Term Impact on EU Economy from New EV Tariffs In response to the European Union’s (EU) announcement of imposing additional tariffs on Chinese-made electric vehicles (EVs), China has hinted at a strong countermeasure, stating that “this action will harm the interests of the EU.” According to Chinese media outlets on the 16th, the National Development and Reform Commission (NDRC), the department overseeing China’s economic […]
BYD Stock Surges Despite New EU Tariffs AP Newsis NH Investment & Securities stated on the 14th that the stock price of BYD has surged despite Europe imposing additional tariffs on Chinese electric vehicles (EVs). The firm analyzed that the impact of these measures on earnings is projected to be limited, and attention should be paid to the company’s competitiveness. The European […]
Scandalous YouTube Prankster Won a Seat in the EU Elections A popular prank YouTuber has sparked controversy after being elected as a member of the European Parliament.
Was the EU Commissioner's Surprise Meeting with Israeli PM a Diplomatic Misstep? The meeting between EU Commissioner for Neighbourhood and Enlargement Oliver Varhelyi, Israeli Prime Minister Benjamin Netanyahu, and Defense Minister Yoav Gallant sparked controversy. Critics argue his actions as inappropriate, contrasting with the EU’s recent tough messages towards Israel. On the 29th, Varhelyi announced on X that “it was an honor to meet with Netanyahu to […]
Putin Unhappy with Western Nations' Support for Ukraine Striking Back Amid growing calls from Western countries supplying weapons to Ukraine to allow attacks on Russian territory, Russian President Vladimir Putin has warned that such a policy could lead to serious consequences. According to AFP and other reports, Secretary General of the North Atlantic Treaty Organization (NATO) Jens Stoltenberg reiterated during an interview with The Economist […]
Navigating Carbon Costs: Small Businesses in South Korea Face New EU Export Challenges The Ministry of SMEs and Startups held an EU Carbon Border Adjustment Mechanism (CBAM) Response SME Support Plan Announcement Meeting at the Korea Chamber of Commerce and Industry in Jung-gu, Seoul, on the 22nd. The CBAM, which has been on a trial run since last October, is a system that requires the purchase of certificates […]
Steel Showdown: U.S. Industry Braces for Surge in Chinese Imports There’s growing concern that the supply of low-cost steel from China will intensify. As global trade barriers against Chinese steel rise, analysts predict that China will increase its exports to Southeast Asia, including South Korea. The steel industry is accelerating its response measures, such as filing anti-dumping lawsuits. On the 20th, industry insiders reported that […]
EU Targets Meta: Possible Fines for Child Safety Violations on Social Platforms Meta may face fines due to violations of the European Union (EU) content regulations. On the 16th (local time), the EU regulatory authority announced that social media sites Facebook and Instagram, platforms of Meta will be investigated for potential violations of EU online content rules related to child safety. Tech companies must make more efforts […]
Hungary Welcomes China's Investment: A Strategic Move Amid EU's Resistance Chinese President Xi Jinping (left) and Hungarian Prime Minister Viktor Orban. Photo: Xinhua/Yonhap ...
Differences in China's Approach Strategy Between US and EU China is attracting attention for its dual strategy in response to the oversupply issues raised by the United States and the European Union (EU). While it has announced the introduction of new tariff laws to counteract the high tariff measures of the West, it is sending love calls to the EU, with Chinese President Xi […]
Hildegard Müller Warns Against Trade Barriers with China According to an interview article by China Daily on April 29, 2024, Hildegard Müller, the president of the German Association of the Automotive Industry (VDA), has stated that the European Union’s actions against Chinese electric vehicles, such as additional tariffs, will not resolve the challenges faced by the European automotive industry. The VDA did not […]
EU vs. Russia: Kremlin Stands Firm Against Sanctions on LNG Trade Russia has shown the will to overcome the sanctions imposed by the European Union (EU). The Kremlin in Russia announced on the 27th that it would find a way to overcome the illegal sanctions imposed by the EU on the liquefied natural gas (LNG) business. An EU official announced last Thursday that the EU Executive […]
Gold Fever: China's Investors Spark a Price Rally Since the end of last year, the price of gold has been hitting record highs daily, sparking increased interest in gold-related investments. Searching for today’s gold and gold prices has become a daily routine. However, according to a News1 report on the 24th, citing the British daily Financial Times (FT), the gold price rally may […]
Digital Trade War That May Spice Up the Digital Era The digital trade war targeting U.S. tech giants is intensifying worldwide. Alongside the European Union (EU) overtly implementing the Digital Market Act (DMA), traditional U.S. allies such as Canada and Japan are also pushing extensive tech regulations. Following Huawei, China, on the verge of losing TikTok, fiercely retaliates across all sectors, including semiconductors and software. […]
EU Decides to Impose More Sanctions Against Iran, Targeting Missile and Drone Production Preventing large-scale Israeli retaliation is keyEU foreign ministers to discuss further on May 22 Leaders of the 27 European Union (EU) countries agreed on the 17th (local time) to strengthen sanctions against Iran, which attacked Israel. EU member states attended a special EU summit in Brussels, Belgium, where they decided to tighten sanctions against Iran […]
EU Leaders Unite Against Iran, Call for Tougher Sanctions European Union (EU) Leaders have agreed to tighten sanctions against Iran amid escalating tensions in the Middle East over Iran’s retaliatory attack on Israel. According to Reuters on January 17 (local time), EU leaders condemned Iran’s attack and reaffirmed their support for Israel’s security at the special EU summit held in Brussels, Belgium. They also […]
Chinese Railroad Company Pulls Out of Bulgaria as EU Probes Into Unfair Subsidy Begins A Chinese state-owned company, which had won a public tender project in Bulgaria, a member of the European Union (EU), has abandoned the contract after initiating an EU investigation into unfair subsidies. The EU Commission announced on the 26th (local time) that CRRC Qingdao Sifang, a subsidiary of CRRC, withdrew from the tender contract for […]
EU Pressures Big U.S. Tech Companies: Apple, Google, Meta Under Scrutiny The European Union (EU) has launched an investigation into big tech corporations just 18 days after initiating the Digital Markets Act (DMA). The companies under scrutiny are Apple, Google (Alphabet), and Meta, with the EU examining whether these corporations have violated the DMA regarding allowing external payments, search exposure, and personal data collection. The companies […]
U.S., EU on High Alert: Heightened Security Measures Post-Russian 'Terrorism' France Elevates Anti-Terror Alert to Highest LevelPoland, Adjacent to Ukraine, Strengthens SecurityItaly Increases Security Measures Ahead of EasterU.S. Prepares for Potential Cross-Border Terrorists Following the shooting attack by an armed group in Moscow, Russia, the United States and major Western European countries have successively intensified their anti-terrorism security measures. The United States, concerned about terrorist […]
Why North Korean Human Rights Concern International Community: 3 Key Reasons It Matters - Part 2 The second reason is the dimension of shared values of humanity. Because the foundation of the modern international community is human rights, following the UN Charter and the Universal Declaration of Human Rights, human rights are not a value that only a specific group or country should protect, but humanity should follow together. Therefore, human […]
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