U.S. Election Impact on Semiconductor Industry: Insights from Korea Institute for Industrial Economics & TradeA representative was seen examining a wafer at a booth during the Semiconductor Exhibition (SEDEX) h ...
Nicaragua's Financial Woes Lead to Embassy Closure in South KoreaNicaragua shuts down embassy in South Korea after 10 YearsFinancial difficulties were cited as the main reasonNumerous embassies also closed in Germany, U.S., and other locations Nicaragua has once again closed its embassy in South Korea after a decade, in contrast to its agreement to establish mutual embassies with North Korea. According to Yonhap News […]
Deputy Prime Minister Calls Emergency Meeting: Middle East Conflict Rattles Global EconomyChoi Sang Mok, the Deputy Prime Minister and Minister of Economy and Finance stated on the 23rd that “the uncertainty of the global political and economic environment has increased more than ever due to the Israel-Iran situation.” Choi made this statement at the 2nd external Economic Advisory Council meeting, which Middle Eastern and energy experts […]
Trump's Potential Return: A Boost for AI and Bio Industries?Predictions suggest that if former U.S. President Donald Trump wins the upcoming November election, the U.S. government will actively invest subsidies in strategic industries such as artificial intelligence (AI) and biotechnology. If Trump’s second administration becomes a reality, it is anticipated that it will bolster strategic decoupling from China further, viewing it as a competitor […]
Rip-off Russia? Tourists Face Added Fees Similar to Japan's TaxesFollowing Japan, Russia has imposed a resort fee, mirroring the trend of imposing additional charges on tourists. Amid controversy over Japan’s move to impose extra taxes, such as a tourist and accommodation tax, to manage the surge in tourist numbers, Russia has started levying resort fees on tourists. According to TASS Russian News Agency on […]
Beginning of Dollar War: Biden vs Trump in FundraisingPhoto=Newsis The race for the upcoming U.S. presidential election in November is heating up, with President Biden and former President Donald Trump competing to raise the most funds. President Biden raised $28.5 million at a fundraising event held at Radio City Music Hall in New York State, with the help of former presidents Bill Clinton […]
Cash for Missiles: North Korea Rakes in Millions Through Cyber AttacksIn the Annual Report of the Un Security Council Sanctions Committee on North KoreaA total of $750 Million in Thieving Is SuspectedSmuggling of Refined Oil Exceeds 3 Times Its LimitSouth Korea and the U.S. Launched a Working-Level Consultation Body North Korea has reportedly funded half of its total foreign currency through hacking and cyber attacks. […]
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