US Plans to Give Samsung $6 Billion in Semiconductor Subsidies, More than TSMCOn the 14th (local time), Bloomberg reported that the US government is expected to provide Samsung Electronics with more than $6 billion in semiconductor subsidies. The media, citing an anonymous source, said that this payment decision supports Samsung Electronics’s expansion in the US and the previously announced construction of a factory in Texas. If the […]
Venture Capitalist Vinod Khosla Reinforces Investment in Japanese StartupsVinod Khosla, CEO of Khosla Ventures, well-known as an early investor in OpenAI, has been increasing his investments in Japanese startups. News1 In an interview with the Nikkei on the 14th, Khosla stated, “I have recently decided to make new investments in Japanese companies.” This investment marks Khosla Ventures’ third in Japanese companies. Previously, it […]
Republicans Under Fire: Biden Mannequin Assaulted at Fundraising EventAttendees at a Republican fundraising event in Overland Park, Kansas, kicking a mannequin that resembles President Biden on the 8th (local time). Captured from X (former Twitter) A controversy has sparked after attendees at a Republican fundraising event assaulted a mannequin that resembled U.S. President Joe Biden. On the 13th (local time), local media such […]
Biden Proposes $7.3 Trillion Budget with Tax Increases on Rich and CorporationsThe Biden administration in the United States announced on the 11th a budget plan for fiscal year 2025 of $7.3 trillion. The plan aims to reduce the fiscal deficit through increased taxes on the wealthy and corporations and secure funds for new low-income support programs. However, the likelihood of the U.S. Congress constructing the budget […]
Putin's Nuclear Warning: Russia 'Always Ready' for Conflict"Russian President Vladimir Putin, who is facing an election between the 15th and 17th, announced that he has technically prepared for a nuclear war. He also stated that North Korea has its nuclear umbrella and has not requested anything from Russia. According to Reuters and Russian TASS News Agency on the 13th (local time), Putin […]
Ørsted Strikes Deal to Sell Stake in Four U.S. Wind Farms for $300 MillionDanish energy company Ørsted is selling its stake in U.S. wind farms. Ørsted announced on Wednesday that it had agreed to sell its stake in four U.S. onshore wind farms with a total capacity of 957 megawatts (MW) to investment group Stonepeak for approximately $300 million. Ørsted said, “Through this transaction, we have been able […]
Future is Here: Waymo Unveils Fully Autonomous Ride-Hailing in LAWaymo, the autonomous driving division of Google’s parent company Alphabet, announced that it will begin offering a fully autonomous ride-hailing service to the general public in Los Angeles starting March 14, 2024, and plans to launch in Austin, Texas, by the end of this year. Waymo has been testing its Level 4 autonomous ride-hailing service […]
Toyota Tops U.S. Patent Office Rankings for Car BrandsOn March 12, 2024, Toyota’s U.S. branch announced that it obtained the most patents among car manufacturers from the U.S. Patent and Trademark Office (USPTO) in 2023. Toyota added that it secured the most patents as a car manufacturer for ten consecutive years. Although the total number of patents across all industries decreased by 3% […]
Next Generation Presidential Helicopter: Lockheed vs. Bell vs. Leonardo vs. AirbusIt seems the Lockheed Martin Sikorsky S-92A+ and Bell’s B 525 are set to compete with Italy’s Leonardo AW-101 and the European Airbus Helicopters H225M 17 years after the deployment of three VH-92 presidential helicopters in 2007, the military authorities are set to embark on the inauguration of a successive helicopter. The previous VH-92 model […]
Trump Reignites Debate: Scrapping Electric Vehicle Policy?This year is a presidential election year in the United States. There is widespread talk about the need to respond to Trump’s possible re-election. Along with this, there are concerns about possible changes to Biden’s actively pursued electric car strategy. Trump has publicly declared that he will scrap Biden’s electric vehicle power. There has been […]
Biden Submits Defense Budget to Congress, Prioritizing Deterrence Against ChinaThe Biden administration has compiled next year’s defense budget, which includes plans to swiftly provide weapons to Taiwan in the same manner as it supported Ukraine and to invest heavily in anti-ship missiles in preparation for naval warfare with China. Despite the austerity budget trend due to astronomical fiscal deficits, it conveys a message to […]
Lethal Capabilities of JASSM-ER Missiles: Countering North Korea's Aggressive Posturing - Part 2U.S. equips B-2 bomber with JASSM Recently, the stealth air-to-ground cruise missile JASSM has been gaining prominence. This is due to the fierce military competition between the U.S. and China for dominance in the western Pacific. As China significantly increases the number of navy vessels such as aircraft carriers and Aegis destroyers under its Anti-Access/Area […]
China Criticizes U.S. Plan for 'Ukrainian-style' Weapons Support to TaiwanChina has expressed its stance that the United States and China should break away from their “bad competition” as the U.S. Department of Defense included the so-called “Ukrainian-style” weapons support for Taiwan in next year’s defense budget. Although there was a backlash, it can be said that the level of response was entirely moderated. It […]
Trump Rallies for Tariffs: Promises Tough Stance on China TradeFormer President Donald Trump has signaled that if he retakes the White House, he will use “high tariffs” as a weapon in tough negotiations with China and others, stating, “I firmly believe in tariffs.” Trump, who is virtually confirmed as the Republican presidential candidate, said in an interview with an economy media CNBC on the […]
U.S. to Restrict Sale of Strategic Petroleum Reserves to ChinaThe U.S. Congress is pushing for a measure to prohibit the sale of strategic petroleum reserves to China. According to industry sources, on the 10th, U.S. bipartisan leaders agreed on the 3rd to continue operating a significant portion of government functions until the end of the fiscal year 2023 (October 2023 to September 2024) to […]
Trump and Musk: Secret Meeting Sparks Speculation for 2024 ElectionFormer President Donald Trump, a strong candidate for the Republican presidential nomination, reportedly met with Tesla CEO Elon Musk, stirring speculation about securing “ammunition” for his election campaign. The New York Times (NYT) quoted an anonymous source on the 5th (local time), revealing that former President Trump met Musk in Palm Beach, Florida, on the […]
China's Defense Budget Exceeds $250 Billion Amidst Heightened US CompetitionIt was set at approximately $257 billion, a 7.2% increase from last yearThe peaceful reunification with Taiwan is omittedAs was the case last year, the Korean Peninsula is not mentioned On March 5th, Chinese People’s Liberation Army soldiers marched outside the Great Hall of the People in Beijing after the opening ceremony of the second […]
South Korea's Big Mac Index Rises to $4.11, Undervaluation ContinuesSouth Korea’s Big Mac Index ranks sixth highest in Asia. The Big Mac Index is a measure that converts the price of a Big Mac sold at McDonald’s outlets in various countries into US dollars. It is used to gauge a country’s currency value and exchange rate. The British economic weekly, The Economist, has been […]
Gold Prices Hit All-Time High Amid US Rate Cut ExpectationsThe price of gold, domestically and internationally, has hit a record high due to the expectation of a cut in interest rates in the U.S. According to the Korea Exchange (KRX) on the 5th, the spot price per gram of 1 kg gold in the gold market the previous day closed at $66.84, up 2.20%. […]
Biden Administration to Investigate Security Concerns with Chinese-Made Cars U.S. Biden Administration to Investigate Security Risks of Chinese-Made Connected Vehicles.
US Plans to Give Samsung $6 Billion in Semiconductor Subsidies, More than TSMC On the 14th (local time), Bloomberg reported that the US government is expected to provide Samsung Electronics with more than $6 billion in semiconductor subsidies. The media, citing an anonymous source, said that this payment decision supports Samsung Electronics’s expansion in the US and the previously announced construction of a factory in Texas. If the […]
Venture Capitalist Vinod Khosla Reinforces Investment in Japanese Startups Vinod Khosla, CEO of Khosla Ventures, well-known as an early investor in OpenAI, has been increasing his investments in Japanese startups. News1 In an interview with the Nikkei on the 14th, Khosla stated, “I have recently decided to make new investments in Japanese companies.” This investment marks Khosla Ventures’ third in Japanese companies. Previously, it […]
Republicans Under Fire: Biden Mannequin Assaulted at Fundraising Event Attendees at a Republican fundraising event in Overland Park, Kansas, kicking a mannequin that resembles President Biden on the 8th (local time). Captured from X (former Twitter) A controversy has sparked after attendees at a Republican fundraising event assaulted a mannequin that resembled U.S. President Joe Biden. On the 13th (local time), local media such […]
Biden Proposes $7.3 Trillion Budget with Tax Increases on Rich and Corporations The Biden administration in the United States announced on the 11th a budget plan for fiscal year 2025 of $7.3 trillion. The plan aims to reduce the fiscal deficit through increased taxes on the wealthy and corporations and secure funds for new low-income support programs. However, the likelihood of the U.S. Congress constructing the budget […]
Putin's Nuclear Warning: Russia 'Always Ready' for Conflict" Russian President Vladimir Putin, who is facing an election between the 15th and 17th, announced that he has technically prepared for a nuclear war. He also stated that North Korea has its nuclear umbrella and has not requested anything from Russia. According to Reuters and Russian TASS News Agency on the 13th (local time), Putin […]
Ørsted Strikes Deal to Sell Stake in Four U.S. Wind Farms for $300 Million Danish energy company Ørsted is selling its stake in U.S. wind farms. Ørsted announced on Wednesday that it had agreed to sell its stake in four U.S. onshore wind farms with a total capacity of 957 megawatts (MW) to investment group Stonepeak for approximately $300 million. Ørsted said, “Through this transaction, we have been able […]
Future is Here: Waymo Unveils Fully Autonomous Ride-Hailing in LA Waymo, the autonomous driving division of Google’s parent company Alphabet, announced that it will begin offering a fully autonomous ride-hailing service to the general public in Los Angeles starting March 14, 2024, and plans to launch in Austin, Texas, by the end of this year. Waymo has been testing its Level 4 autonomous ride-hailing service […]
Toyota Tops U.S. Patent Office Rankings for Car Brands On March 12, 2024, Toyota’s U.S. branch announced that it obtained the most patents among car manufacturers from the U.S. Patent and Trademark Office (USPTO) in 2023. Toyota added that it secured the most patents as a car manufacturer for ten consecutive years. Although the total number of patents across all industries decreased by 3% […]
Next Generation Presidential Helicopter: Lockheed vs. Bell vs. Leonardo vs. Airbus It seems the Lockheed Martin Sikorsky S-92A+ and Bell’s B 525 are set to compete with Italy’s Leonardo AW-101 and the European Airbus Helicopters H225M 17 years after the deployment of three VH-92 presidential helicopters in 2007, the military authorities are set to embark on the inauguration of a successive helicopter. The previous VH-92 model […]
Trump Reignites Debate: Scrapping Electric Vehicle Policy? This year is a presidential election year in the United States. There is widespread talk about the need to respond to Trump’s possible re-election. Along with this, there are concerns about possible changes to Biden’s actively pursued electric car strategy. Trump has publicly declared that he will scrap Biden’s electric vehicle power. There has been […]
Biden Submits Defense Budget to Congress, Prioritizing Deterrence Against China The Biden administration has compiled next year’s defense budget, which includes plans to swiftly provide weapons to Taiwan in the same manner as it supported Ukraine and to invest heavily in anti-ship missiles in preparation for naval warfare with China. Despite the austerity budget trend due to astronomical fiscal deficits, it conveys a message to […]
Lethal Capabilities of JASSM-ER Missiles: Countering North Korea's Aggressive Posturing - Part 2 U.S. equips B-2 bomber with JASSM Recently, the stealth air-to-ground cruise missile JASSM has been gaining prominence. This is due to the fierce military competition between the U.S. and China for dominance in the western Pacific. As China significantly increases the number of navy vessels such as aircraft carriers and Aegis destroyers under its Anti-Access/Area […]
China Criticizes U.S. Plan for 'Ukrainian-style' Weapons Support to Taiwan China has expressed its stance that the United States and China should break away from their “bad competition” as the U.S. Department of Defense included the so-called “Ukrainian-style” weapons support for Taiwan in next year’s defense budget. Although there was a backlash, it can be said that the level of response was entirely moderated. It […]
Trump Rallies for Tariffs: Promises Tough Stance on China Trade Former President Donald Trump has signaled that if he retakes the White House, he will use “high tariffs” as a weapon in tough negotiations with China and others, stating, “I firmly believe in tariffs.” Trump, who is virtually confirmed as the Republican presidential candidate, said in an interview with an economy media CNBC on the […]
U.S. to Restrict Sale of Strategic Petroleum Reserves to China The U.S. Congress is pushing for a measure to prohibit the sale of strategic petroleum reserves to China. According to industry sources, on the 10th, U.S. bipartisan leaders agreed on the 3rd to continue operating a significant portion of government functions until the end of the fiscal year 2023 (October 2023 to September 2024) to […]
Trump and Musk: Secret Meeting Sparks Speculation for 2024 Election Former President Donald Trump, a strong candidate for the Republican presidential nomination, reportedly met with Tesla CEO Elon Musk, stirring speculation about securing “ammunition” for his election campaign. The New York Times (NYT) quoted an anonymous source on the 5th (local time), revealing that former President Trump met Musk in Palm Beach, Florida, on the […]
China's Defense Budget Exceeds $250 Billion Amidst Heightened US Competition It was set at approximately $257 billion, a 7.2% increase from last yearThe peaceful reunification with Taiwan is omittedAs was the case last year, the Korean Peninsula is not mentioned On March 5th, Chinese People’s Liberation Army soldiers marched outside the Great Hall of the People in Beijing after the opening ceremony of the second […]
South Korea's Big Mac Index Rises to $4.11, Undervaluation Continues South Korea’s Big Mac Index ranks sixth highest in Asia. The Big Mac Index is a measure that converts the price of a Big Mac sold at McDonald’s outlets in various countries into US dollars. It is used to gauge a country’s currency value and exchange rate. The British economic weekly, The Economist, has been […]
Gold Prices Hit All-Time High Amid US Rate Cut Expectations The price of gold, domestically and internationally, has hit a record high due to the expectation of a cut in interest rates in the U.S. According to the Korea Exchange (KRX) on the 5th, the spot price per gram of 1 kg gold in the gold market the previous day closed at $66.84, up 2.20%. […]
Biden Administration to Investigate Security Concerns with Chinese-Made Cars U.S. Biden Administration to Investigate Security Risks of Chinese-Made Connected Vehicles.
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