Is Your Shopping Spree at Shein Compromising Your Personal Security?Chinese e-commerce giant Shein has been criticized for potential security issues, including personal data breaches, that could occur as it exports its logistics supply chain services and technology to the global market. Concerns were raised from within the U.S. that the Chinese government could seize data on logistic supply chain information and sensitive personal data […]
Could Trump's Return Lead to an Enhanced U.S. Nuclear Umbrella in Asia?Frederick Fleitz, Vice Chairman of the America First Policy Institute (AFPI) and a known close associate of former U.S. President Donald Trump stated on July 9 that there would be no reduction or withdrawal of U.S. forces in South Korea if Trump were to regain power. Fleitz, in a meeting with reporters in Seoul, said […]
American Entrepreneurs Show Resilience Amidst Pricing and Staffing StrugglesIn the United States, the nationwide small business sentiment index rose by 1 point to 91.5 in June. The U.S. government announced that the optimism of U.S. small and medium-sized enterprises (SMEs) has been on the rise for three consecutive months as of June, recording its highest level of the year on July 9. Despite […]
Former Chinese Ambassador Cui Tiankai: 'Blindly Worshiping the U.S. is Neither Scientific Nor Objective'Cui Tiankai, the longest-serving Chinese ambassador to the U.S., has urged China’s youth to objectively understand America’s rise and fall. According to the South China Morning Post (SCMP), Cui gave a commencement speech at Shanghai Tech University on the 7th. During the speech, he emphasized the rise and fall of superpowers. He particularly mentioned how […]
Ever Wondered Why Some Countries Drive on the Left and Others on the Right? We'll Tell YouIn countries like South Korea and the U.S., vehicles drive on the right side of the road, but in the U.K. and Japan, they drive on the left. While this may seem bizarre to us, about 35% of the world’s population lives in countries where cars drive on the left. Since the very beginning, most […]
Think Twice: 25 Wild Animals That Don't Belong in Your HomeEven though some of these animals should not be kept as pets, people do keep them in certain countries! Owning a pet has many benefits—they can be your best friend, loyal, and fun! However, caring for wild animals can be quite challenging. Some people are interested in keeping wild animals as pets, but there are […]
What Would Happen to Humanity If A Nuclear War Broke Out?What would happen to humanity and the Earth if a nuclear war were to break out? Gizmodo, an online media outlet, explained the dangers of nuclear war through a YouTube video. The YouTube channel Kurzgesagt – In a Nutshell explored this topic in a video titled “What Happens AFTER Nuclear War?” The video conveyed that […]
U.S. Unmoved by Iranian Elections, Doubts Any Shift in Human RightsDespite the rise of reformist candidates in the Iranian election, the U.S. government, which has maintained a cold relationship with Iran since last year’s Middle East crisis, stated that it “does not expect any changes.” According to Turkey’s Anadolu Agency, Principal Deputy Spokesperson for the U.S. State Department Vedant Patel commented on the Iranian presidential […]
Could Trump's Triumph Trigger Treasury Turmoil?U.S. Treasury bond yields significantly rose on July 1 (local time), the first day of the second half of the year. The forecast of a Republican overwhelm in the upcoming U.S. Presidential and mid-term Congressional elections on November 5 has boosted bond yields. As former Republican President Donald Trump has promised substantial tax cuts, the […]
U.S. Voters Questions Biden's Fitness For PresidencyHigh-ranking officials of the Democratic Party in the U.S. are urging President Joe Biden to continue his candidacy despite his poor performance in the presidential candidate debate. On the 30th (local time), the Wall Street Journal (WSJ) reported that although there are demands for Biden to withdraw his candidacy due to his defeat to former […]
America's Demographic Overhaul: Hispanics Leading the ChargeAs the Hispanic population in the United States grows rapidly, their political influence is expected to increase. Last year, the Hispanic population in the United States increased by over 1.6 million due to immigration and births, accounting for 70% of the population growth rate in the United States. In this year’s election, Hispanics are supporting […]
Chinese President Xi Jinping Criticizes United States Power PoliticsChinese President Xi Jinping has elevated the building of a shared future for humanity, which he has been advocating as a major direction of his foreign policy, to the same level as China’s basic principle of foreign relations–the Five Principles of Peaceful Coexistence. He delivered an important speech at the Conference Marking the 70th Anniversary of […]
How Geopolitical Uncertainty Is Reshaping Global Financial StabilityGlobal macroeconomic experts have warned that financial market instability could increase due to geopolitical unrest caused by U.S.-China trade conflicts, and ongoing climate crisis. At the keynote speech of the Seoul International Finance Conference hosted by the World Economy Research Institute and Shinhan Bank at Lotte Hotel in Seoul on the 28th, Stanford University Professor […]
U.S. DNI Avril Haines in Seoul: Tackling the Russia-North Korea Military PactSouth Korean President Yoon Suk Yeol was scheduled to meet with Avril Haines, the Director of National Intelligence (DNI) of the United States, at the presidential office in Yongsan on the afternoon of June 28. This visit marked the first time in two years and eight months since Haines’ previous visit to South Korea in October […]
IMF Criticizes Economic Policies, Warns U.S. of Fiscal DeficitThe International Monetary Fund (IMF) has pointed out that the trade restrictions implemented by the United States to counter China are having negative effects on both the U.S. and global economies. The IMF is increasingly criticizing U.S. economic policies. On June 27, the IMF made this announcement in a statement following their annual consultation with […]
Wall Street Breathes Easy: U.S. Banks Ace Federal Stress TestsMajor U.S. banks were found to have robust financial health and strong enough to withstand a global recession. On June 26, Yahoo Finance reported that in the Federal Reserve’s stress tests, 31 large U.S. banks showed financial soundness despite the relaxation of minimum capital requirements. This assessment hypothesized a situation in the next two years […]
Could Taxing the Super Rich Fix Our Economy?A study suggested that a minimal additional tax on the world’s billionaires could potentially collect up to $250 billion annually. On the 25th (local time), the Financial Times (FT) reported that participants in a study commissioned by the Group of 20 (G20) indicated it is technically feasible to collect such an amount in taxes from […]
South Korean Marines Power Up Defenses with Live-Fire ExercisesThe 6th Marine Brigade and Yeonpyeong Unit under the Northwestern Islands Defense Command have resumed their annual maritime firearms training in the Northwestern Islands area, including Yeonpyeong Island and Baengnyeong Island. The Marine Corps announced on the 26th that amid North Korea’s various provocations, including the launch of trash balloons and hypersonic intermediate-range ballistic missiles, […]
Pyongyang Holds Massive Anti-U.S Gathering on the 74th Anniversary of the Korean WarNorth Korea marked the 74th anniversary of the Korean War by mobilizing around 100,000 residents for a Day of Struggle Against U.S. Imperialism rally, escalating anti-American and anti-South Korean sentiments. On the 26th, the Rodong Sinmun reported that around 100,000 people gathered for a mass rally in Pyongyang at a stadium for the Day of […]
Tesla's Cybertruck Recall Hits 11,383 Units: What You Need to KnowTesla is recalling its Cybertruck electric pickup truck due to issues with both interior and exterior trims. Back in April, nearly 4,000 Cybertrucks were recalled to address an issue where the acceleration pedal pad could become loose and potentially get caught in the interior trim. According to the U.S. National Highway Traffic Safety Administration (NHTSA), […]
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