Biden Administration Announces $7.3 Trillion Budget Statement for Fiscal Year 2025“Cornerstone of the election campaign, contrasting with Trump’s economic policies.” The Biden administration announced a budget statement of $7.3 trillion for the 2025 fiscal year on the 11th (local time). The plan aims to reduce the fiscal deficit through increased taxes on the wealthy and corporations and secure financial resources for new low-income support programs. […]
Trump v Biden: Who Do Voters Prefer When It Comes to Economic Policies?(Photo=AFP/Yonhap) Despite indications of an improving U.S. economy, President Joe Biden’s “economic score” shows little sign of a rebound, attracting attention to the reason behind this. According to Yonhap News, on the 10th (local time), the Financial Times (FT) reported that although American voters believe the economy is improving, they remain stingy in support of […]
Biden Slams Trump During State of the Union Address, Raises Roughly $150,000 Per MinuteDemocratic Party, “Biden’s recent State of the Union Address was viewed by 32.2 million people, an 18% increase from last year.” ⓒReuters/Yonhap News President Joe Biden of the United States raised a large amount in donations immediately after his State of the Union Address. According to CNN and other broadcasts, the Biden campaign announced on […]
Joe Biden and Donald Trump Tied in Approval RatingsA poll on the 4th and 5th shows a tie for approval rating at 45%“Defense industry is positive despite Trump’s comments on increase of defense cost sharing with Korea.” Anticipations are high as President Joe Biden will possibly have a rematch with former President Donald Trump in the upcoming November presidential election, four years after […]
North Korea Responds to US-South Korea DrillsAmerican experts on North Korea say, “The possibility of war breaking out is the highest since the Korean War.” [Photo=Yonhap News] Amid predictions that North Korea will provoke in response to the South Korea-U.S. joint training Freedom of Shield (FS), which started on the 4th, it is being evaluated that they are responding with relatively […]
North Korean Authorities Visit Mongolia to Strengthen Diplomatic Relations Yonhap News It has been confirmed that North Korean authorities departed from Pyongyang on the 9th for a visit to Mongolia. This action is interpreted as North Korea’s intention to overturn the balance in Northeast Asia by turning the shock of the diplomatic relationship establishment between South Korea and Cuba into the foreign management of […]
Biden v Trump: The Biggest Battleground in GeorgiaPresident Joe Biden and former President Donald Trump, who are confirmed to face off again in the November U.S. election, clashed in Georgia, one of the handful of states that will decide who wins the presidency. According to foreign media on the 9th (local time), President Biden and former President Trump held their first campaign […]
Biden-Trump Tied in 'Super Tuesday' PollsAs the “rematch” between President Joe Biden and former President Donald Trump intensifies, a poll released on the 7th (local time) showed that both candidates had equal support. The poll did not reflect President Biden’s State of the Union Address on the 7th, leaving room for speculation about future trends. On the 10th (local time), […]
Biden Sets New Record After Raising $10 Million in Donations in 24 HoursAfter delivering an impassioned State of the Union Address, President Joe Biden of the United States managed to raise $10 million in donations in a single day. President Joe Biden’s re-election campaign said on the 10th (local time) that it raised more than $10 million in donations in 24 hours following a fiery State of […]
Lee Jae-Myung 'Yoon Suk Yeol's Government Has Become an Autocracy'A report from V-Dem Institute says “South Korean Democracy now ranks at 47th from 28thYoon Suk Yeol’s government attacks gender equality and represses the opposition partiesLee Jae-Myung “autocratization in a leading democratic country, unimaginable”“This general election must stop the reckless backslide” Lee Jae-myung, the leader of the Democratic Party of Korea, criticized the Yoon Suk […]
President Yoon Suk Yeol: 'The Unification We Pursue is Based on the Universal Human Value'President Yoon Suk Yeol has received a work report from the Ministry of Unification and instructed them to make efforts to improve North Korean human rights. After receiving a policy direction report from the Ministry of Unification on the 7th, President Yoon said, “The unification we pursue is based on the universal human value, freedom, […]
Trump and Biden Are Locked Into the General Election, Securing Celebrity Influence and Funds Are a Must[Photo=Reuters·Yonhap News] The upcoming U.S. election seems to be largely influenced by celebrity endorsements and fundraising. With undecided voters playing a crucial role in determining the outcome, the support of celebrities has become essential. As the competition intensifies early on, it’s also important to consider long-term planning as a variable. Trump’s “numerous celebrities support” bluff, […]
Prices and Interest Rates Run in Reverse Amidst the Return of the 'MAGA' Slogan[Photo=Reuters-Yonhap News] The volume of the MAGA (Make America Great Again) slogan that once drove the Korean economy into a corner is increasing again as former President Donald Trump is confirmed as the Republican candidate for the U.S. election. The return of Trumpism, symbolized by nationalism and protectionism, is the utmost blow to the Korean […]
Xi Jinping Commands Strengthening Strategic Capabilities in Cyber Defense and Space to Improve Nationa Defense PowerChinese President Xi Jinping, who also serves as the chairman of the Central Military Commission and the military commander in China, has ordered a comprehensive strengthening of strategic capabilities in emerging industries such as cyber defense and space to improve national defense power. As reported by the state-run China Central (CC)TV, during the plenary meeting […]
Elon Musk: 'I Am Not Donating Money to Either Candidate for US President'Tesla’s CEO Elon Musk, known to have recently met with former President Donald Trump, a U.S. presidential candidate, has drawn a line on the possibility of supporting election funds. On the 6th (local time), Musk said through social media X (formerly Twitter), “Just to be super clear, I am not donating money to either candidate […]
Donald Trump and Joe Biden Both 'Unfavorable'[Photo= Yonhap News·AFP] This year’s US presidential election solidified as a match between President Joe Biden and former President Donald Trump, is expected to be a historically “unlikeable election”. There are also predictions that a third-party figure could play a casting voter role in deciding the fate of the presidential election. In a poll conducted […]
Will Donald Trump's Return Lead to Economic Issues?[Photo=Reuters·Yonhap News] With Donald Trump being confirmed as the Republican presidential candidate, viewers are turning to the potential impact on the South Korean economy if Trump secures his second term as he is also leading in the U.S. Favorable Ratings over current President Joe Biden. There are concerns about potential spikes in oil prices and […]
Biden Brings Up 'Billionaire Tax' During His State of the Union AddressMentioned several times during the first Biden term but not actively pursuedAims to reduce record U.S. government debt and differentiate himself from TrumpIncludes a plan to deny tax deductions for companies with employees earning more than $1 million On the evening of the 7th, at 9 p.m. local time, President Joe Biden of the United […]
Biden's State of the Union Address, 'Americans Are Writing the Greatest Comeback Story Never Told'Aiming at Trump, “I don’t do anger, revenge, or retaliation”Intends to Restore Abortion Ruling U.S. President Joe Biden mentioned a “great comeback” and indirectly criticized his election competitor, former President Donald Trump, in his State of the Union Address on the 7th (local time). He also emphasized the need for new policies, including the safeguarding […]
Candidate Nikki Haley Withdraws From the Presidential RaceHaley, “Time to suspend the campaign”Won in only 1 out of 15 states for primaries on “Super Tuesday”Does not express support for Trump Former U.S. Ambassador to the UN Nikki Haley has withdrawn from the Republican presidential primary. As a result, former President Donald Trump can secure the Republican presidential nomination for the third time […]
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