Category: Economy

December 5, 2020

De Facto One Party Rule in South Korea, the Democratic Party of Korea Rushes Through Bills Harmful to Human Rights, Free Speech, National Security, Economy

2020-12-5, Tara O The ruling Democratic Party of Korea (Deobureo Minjoo Party) forced the “Amendment to the Act on the Development of Inter-Korean Relations,” a bill that criminalizes sending leaflets...

Categories 5.18/Censorship/China/Control/Economy/Election Fraud/Freedom of Expression/Freedom of Speech/Human Rights/Labor Union/Lawfare/Leaflets/National Security/Socialism/South Korea

November 25, 2020

Moon Jae-in Administration Investigates Its Chief Inspector after Producing a Report Not Supporting Moon’s “Nuclear Energy Exit,” a Policy which Benefits China and Russia

2020-11-25, Tara O Prosecutors began investigating Korea’s chief inspector Choi Jae-hyeng (최재형) on November 18, 2020 after he and his team produced a report that weakened the rationale for the...

Categories Abuse of Authority/China/Economy/Energy/Moon Jae-in/South Korea

September 9, 2020

Only Those Who Pay Taxes Pay”…The Top 10% Pay 80% of Taxes, but the Government Wants them to Pay More

2020-8-25, PennMike [TRANSLATION] The government collects more taxes on ultra-high income earners. Although tax equity has been compromised to a point where the top 10% of the income bracket shoulders...

Categories Economy/Tax/Translation of Korean News

June 11, 2020

Samsung in Crisis, Moon Government’s Takeover Attempts and China Threat; Impact on Global 5G, COVID-19 Treatments, World Economy, and South Korea’s Liberal Democracy

2020-6-11, Tara O Key points: Samsung is in crisis due to several years of South Korean government’s aggressive and unreasonable investigations against the company and the Vice Chairman Lee Jae-Yong,...

Categories China/Communism/Druking/Economy/Impeachment/Labor Union/Lawfare/Liberal Democracy/Moon Jae-in/Nationalization/Rule of Law/Socialism/South Korea/Subversion

April 13, 2020

Chinese Fishing Vessels’ Giant Trawl Nets, Twice the Length of the 63 Building, Discovered in the Seas near Jeju Island

2020-4-10, News1 [Translation] The South Korean Coast Guard continued to discover and destroy gigantic trawl nets placed illegally by Chinese fishing vessels [in the waters near Jeju Island]. The fish...

Categories China/Defense/Economy/Food/South Korea/Translation of Korean News

December 12, 2019

South Korea’s Ruling Party & 4 Smaller Parties Exclude the Main Opposition Party Again, Disregard Parliamentary System, Quickly Pass ₩512 Trillion ($432 Billion) Super Budget Without Discussion

2019-12-12, Tara O On December 10, 2019, the ruling party + 4 smaller parties, so-called “4+1,” formed a bloc to pass what is known as the “Super Budget” of ₩512.3...

Categories 5.18/Budget/Corruption/Economy/Human Rights/Korean War/Law/Lawfare/Rule of Law/South Korea

September 10, 2019

Next Year’s $430 billion ‘Super Super Budget’…$50 Billion in Deficit Bonds

2019-8-29, TV Chosun  (translation) South Korean government budget increases from ₩469 trillion (2019) to ₩513 trillion (2020) The government has proposed a super budget of ₩513 trillion ($430.7 billion) next...

Categories Economy/South Korea/Translation of Korean News

July 8, 2019

The 4th Declaration of the State of Affairs by the Former Senior Officials of the Korean Foreign Service; South Korea Faces Crisis under the Moon Administration

2019-6-22, former senior officials of the Korean Foreign Service We must clearly acknowledge that unless the Moon administration’s anti-Korean and anti-constitutional actions are curtailed, Korea will only be further driven...

Categories Alliance/China/Defense/Economy/Japan/North Korea/Statements from Korean groups

July 1, 2019

The Declaration of the Citizens Who Are Working to Protect the Country, The Republic of Korea Proclaims an Emergency

2019-6-29, South Korean Citizens Who Are Working to Protect the Country The Declaration of the South Korean Citizens:  The Republic of Korea Proclaims and Emergency OneDear 50 million Korean people,...

Categories China/Defense/Druking/Economy/Japan/Lawfare/Media/Opinion Rigging/Security/Statements from Korean groups

April 14, 2019

Korea Customs Service Considers Labeling “Made in South Korea” on Goods Produced in North Korea

2019-4-13, TV Chosun The Korea Customs Service (KCS, 관세청) of South Korea has begun to consider measures to approve a ‘Made in [South] Korea’ label, not just for products made...

Categories Economy/North Korea/Sanctions/Translation of Korean News