Cold War 2.0? China and U.S. Lock Horns Over Defense Sales to TaiwanThe Chinese government announced additional sanctions against 12 U.S. defense companies following its earlier imposition of sanctions...
Fed Officials Question if Current Policies are Enough to Tame InflationMost Federal Reserve (Fed) members have questioned whether monetary policies are restrictive enough to bring inflation down to target levels.
Elon Musk's Neuralink Seeks Second Participant for Groundbreaking Brain Implant TrialNeuralink is Elon Musk's brain science startup. Musk is recruiting a second participant to receive a computer chip implant in their brain.
China's Pet Economy Thrives, Set to Reach $112 Billion by 2025China's pet economy is rapidly growing. It is expanding not only in goods and food but also in the travel sector.
Microsoft Offers Global Opportunities to Chinese Staff as US-China Relations TightenMicrosoft Corporation’s China headquarters is encouraging its employees to consider overseas assignments. Microsoft announced on the 16th (local time) that it is asking some of its China-based employees to consider overseas assignments as tensions between the US and China continue to escalate due to AI and semiconductor technologies. According to the Wall Street Journal, Microsoft […]
Biden Targets Unfair Chinese Trade Practices with New Tariff PolicyAs early as the 14th, Biden announced directlyIncluding electric vehicles, batteries, semiconductors ...
China's Illegal Island Construction? Philippines Spots Suspicious Activity in South China SeaPhilippine government has deployed coast guard vessels to a disputed area...
U.S. Encourages South Korea to Decide Its Own Ukraine AidThe U.S. believes that "South Korea will decide on the items it supports Ukraine with."
China's War on Fake News: One-person Media Under ScrutinyThe Chinese government has investigated whether one-person media content creators manipulate their content. The goal of the Chinese government is to enhance the credibility of the one-person media environment. According to industry sources, on the 6th, the Central Internet Safety and Information Committee Office in China began a two-month special maintenance of the one-person media […]
U.S. Oil Reserves at Highest Since February, Prices RecoverOn the 2nd (local time), oil prices partially recovered losses after the US crude oil inventory significantly increased, boosting supply. July Brent crude traded at the $84 per barrel line, the lowest since mid-March, while West Texas Intermediate crude rose above $80. Commodity prices, including oil, became more attractive as the dollar value plummeted after […]
Tesla's Decision to Shut Down Supercharger Department Sends ShockwavesOn the 24th of last month, Tesla vehicles were sighted charging at a Supercharger station in Fremont, California. Fremont (USA)/AFP-Yonhap News Tesla faces a wave of reductions, particularly in the battery charging sector, a core part of its electric vehicle business. This move has left the industry in a state of confusion. According to the […]
Federal Reserve Holds Interest Rates Steady Amid Economic UncertaintyThe New York stock market showed fluctuating results on May 1st (local time). According to Yonhap News, the Dow Jones Industrial Average closed at 37,903.29 on the New York Stock Exchange (NYSE), up 87.37 points (0.23%) from the previous day. The Standard & Poor’s (S&P) 500 index fell 17.30 points (0.34%) to 5,018.39, while the […]
China Welcomes Korean Companies' Investment Expansion: SK Group's CommitmentAccording to Xinhua News Agency, a Chinese state-run media, Chey Tae-won, chairman of SK Group, met with He Lifeng, Chinese Vice Premier He Lifeng, on the 29th and promised to continue investing in China. Chey, who also serves as chairman of the Korean Chamber of Commerce and Industry, met with He, who was considered to […]
Breaking: North Korean Missiles Identified in Ukraine AttackDebris of North Korean ballistic missile found in Kharkiv, Ukraine (Ukraine/Reuters) Reuters reported on April 29th that a UN investigation team has confirmed the origin of the ballistic missile that struck Kharkiv, Ukraine, last January. The debris, found in a residential area in central Kharkiv on January 2nd, has been identified as being from North […]
Tech vs. Pests: How Drones Are Changing the Game in Pest ManagementA decades-long war remains unresolvedNot easy with conventional methods due to the high rate of reproductionDrones can quickly identify problem areasDevelopment is underway for attack drones that directly spray pesticides For decades, swarms of locusts have threatened global food security. Despite humanity’s efforts to harness all available technology to eradicate them, the same problem reoccurs […]
Palestinian Leader Appeals to U.S. to Halt Israeli Offensive in RafahWhite House, “No Entry into Rafah without Prior Agreement with the U.S.” Mahmoud Abbas, the President of the Palestinian National Authority, has called for U.S. intervention, anticipating an Israeli attack on Rafah in a few days. According to BBC on the 28th (local time), President Abbas, during a special meeting of the World Economic Forum […]
Melania Trump's Easter Brunch Guest Sparks VP SpeculationAxios reported on the 28th (local time) that North Dakota Governor Doug Burgum is emerging as a vice presidential candidate for Donald Trump, a Republican presidential candidate. Last month, on the 31st, celebrating Easter, Melania Trump, Trump’s wife, invited Governor Burgum and his wife to brunch at Mar-a-Lago, their private resort in Florida. Also, it […]
US Government Backs Micron with Massive $6.1B for Chip ManufacturingMicron Technology, a memory chip manufacturer, is set to receive subsidies from the U.S. government. On the 25th (local time), the U.S. government announced that it plans to provide $6.1 billion in subsidies and up to $7.5 billion in loans to aid the construction of Micron Technology’s new U.S. factory as part of a significant federal […]
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 […]
Arms Race Alert: World Military Spending Hits Record $2.4 Trillion6.8% increase compared to the previous year, the highest since 2009The result of deploying troops for war and suppressing domestic riotsRussia accounts for 16% of the government’s total expenditureThe highest level since the dissolution of the Soviet UnionSouth Korea, moving down from 10th to 11th place Last year’s global military spending hit a record high. […]
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