Cosmos Times:South Korea

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Southkoreamap

South Korea’s Confused Growth Plan — Nov 3, 2014

Source [1]

The South Korean government is encouraging developers and households to increase their debt hoping to give the real estate market a boost. Problem is, Koreans are already maxed out on debt thanks to easy credit for the last eight years. Finance Minister Choi Kyung Hwan doesn't seem to understand that the problem is too much debt is dragging the economy. His solution to add more debt makes little sense.

South Korea finally seizes the Silicon Valley dream - January 9, 2014

Read this globalpost article.
Young Koreans are beginning to recognize that the investment of time is large, the work hours are long, but the rewards sometimes fall short. It’s becoming more common, although still rare, for graduates to spend a few years in their comfortable chaebol jobs, gaining experience and an imprimatur for their CVs before moving onto their own ventures, Park said.

United States sending more troops and tanks to South Korea - January 7, 2014

Read this Yahoo! News article.

U.S. and South Korean troops from the 1st Heavy Brigade Combat Team and the 210th Fires Brigade listen as U.S. Secretary of Defense Robert M. Gates, right, speaks to them during his visit to Camp Casey, north 100720-D-JB366-019.jpg

The United States has some 28,000 troops based in South Korea, which has remained technically at war with Communist North Korea since the 1950-1953 Korean conflict ended in stalemate.
The deployment of additional U.S. troops comes at a time of raised tensions on the Korean peninsula after North Korea executed the powerful uncle of young leader Kim Jong Un last month, the biggest upheaval in years as the ruling dynasty.
South Korea's Yonhap news agency quoted military officials as saying that the new U.S. troops would be deployed in North Gyeonggi Province, just south of the demilitarized zone separating the two Koreas.


References

  1. South Korea’s Confused Growth Plan — by Wall Street Journal | Opinion | Nov 3, 2014

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