The Korea Herald

Immigration: You can’t rely on E-Verify

ViewpointsJun 2, 2011

On Thursday, the U.S. Supreme Court upheld an Arizona law that permits local officials to revoke the licenses of businesses that knowingly hire illegal workers. The decision makes sense in principle but not in practice.Under the 2007 Legal Arizona Workers Act, business owners are required to use the federal E-Verify program to confirm if a person is authorized to work in this country. Employers mu
[Robert Shiller] Economy, insure thyself

ViewpointsJun 2, 2011

NEW HAVEN ― The basic principle of financial risk management is sharing. The more broadly diversified our financial portfolios, the more people there are who share in the inevitable risks ― and the less an individual is affected by any given risk. The theoretical ideal occurs when financial contracts spread the risks all over the world, so that billions of willing investors each own a tiny share,
[Michael Spence] The IMF leadership and global governance

ViewpointsJun 2, 2011

MILAN ― The departure of Dominique Strauss-Kahn as head of the International Monetary Fund has presented the G20 group of advanced and emerging economies with an opportunity and a challenge as they vie to select a new leader.It is a critical moment of transition because the emerging economies that have been in the shadows during most of the IMF’s existence will be dominant in the not-too-distant f
[Dominique Louis] Japanese nuclear industry: A regrettable exception

ViewpointsJun 2, 2011

PARIS ― Due to its dramatic nature as well as to the worldwide media attention it has generated, the nuclear accident of Fukushima Daiichi has become a catastrophe that, in the minds of many, overshadows one of the most destructive tsunamis of recent centuries. It has shamed an entire industry and has pushed some countries into urgently adopting moratoria and others into demanding the outright dis
[Fan Ying] Slow progress toward FTA

ViewpointsJun 2, 2011

In the just-concluded fourth trilateral meeting of the leaders of China, Japan and South Korea, all three countries agreed to speed up the process toward finalizing a free-trade agreement (FTA).Promoting a trilateral FTA at this time is significant, mainly because major changes occurred in the world economy after the global economic crisis, and Japan and South Korea strongly hoped to “take a free
Libya forces committed war crimes, U.N. says

World NewsJun 2, 2011

GENEVA (AP) ― A United Nations panel said Wednesday that Libyan government forces have committed crimes against humanity and war crimes in a conflict it estimates has killed between 10,000-15,000 people.The U.N. investigators found evidence that opposition forces also committed “some acts which would constitute war crimes,” the global body said.“The commission is not of the view that the violation
Japan wants men to shed suits

World NewsJun 2, 2011

TOKYO (AP) ― The Japanese government wants the country’s suit-loving salarymen to be bold this summer. Ditch the stuffy jacket and tie. And for the good of a country facing a power crunch, go light and casual.Japan’s “Super Cool Biz” campaign kicked off Wednesday with a government-sponsored fashion show featuring outfits appropriate for the office yet cool enough to endure the sweltering heat. A m
MOU signed with two British museums

TheaterJun 2, 2011

The National Research Institute of Cultural Heritage on Wednesday signed an MOU with two major British museums for its future research on Korea’s cultural heritage currently housed in the U.K.The two museums ― the British Museum and the Victoria and Albert Museum ― are known to hold the highest numbers of Korean relics in Britain.It is reported that the British Museum currently holds about 1,600 K
Venice Biennale explores limits of artistic freedom

TheaterJun 2, 2011

VENICE, Italy (AP) ― Outside the U.S. Pavilion, a runner pounds a treadmill on an overturned 60-ton military tank. The visually commanding exhibit at the 54th Biennale contemporary art exhibit reverberates ― loudly.At the Danish Pavilion nearby, a contemplative exhibition that explores free speech issues is periodically disturbed by the rumbles.The juxtaposition of the booming Americans and the qu
Taste of ‘Dano’ at start of summer

CultureJun 2, 2011

Events and rituals celebrate one of the biggest traditional festive daysSummer is kicking in, and the day of the nation’s biggest sun festival is soon approaching.Dano, one of South Korea’s most important festive days along with Seollal, or Lunar New Year, and Chuseok, or Thanksgiving day, will fall Monday. It comes every fifth day of the fifth month of the lunar calendar, the day of the year on w
Witherspoon to receive MTV Generation Award

MusicJun 2, 2011

LOS ANGELES (AP) ― MTV says Reese Witherspoon will receive its Generation Award at Sunday’s MTV Movie Awards.The 35-year-old Oscar winner is being recognized for her range as an actress and for delighting the MTV audience throughout her career. MTV President Stephen Friedman called Witherspoon “one of the most versatile and accomplished performers of her time.” Reese Witherspoon (AP-Yonhap News)“S
Chung named honorary vice president

More sportsJun 2, 2011

Chung Mong-joon, the outgoing FIFA vice president from South Korea, became the honorary vice president for football’s international governing body on Thursday.At the FIFA Congress in Zurich, Switzerland, Chung took the honorary post. His term as vice president ended at the start of this month.Chung Mong-joonHe was nominated for the honorary position by FIFA’s Executive Committee in March. In Janua
‘Why do you stick to eating meat?’

HealthJun 2, 2011

Vegan doctor says vegetarian diets can meet all nutrient needsWhen asked why he promotes vegetarianism, Yoon Sung-chul, professor of nephrology at Dankook University Medical College, responded in Kind: “Why do you stick to eating meat?” he asked.“I have numerous reasons why we should be vegetarians. How about you?” he said in a Korea Herald interview.On May 21, Yoon took part in the inauguration o
Wine, wellness, not the best mix for boomers

HealthJun 2, 2011

DECATUR, Georgia ― As baby boomers approach their golden years, they are embracing wellness and wine ― two things that don’t always go together.While a glass of red wine a day may reduce the risk of heart disease, many boomers are drinking a lot more and not realizing they are increasing their potential risks for other serious health problems, ranging from alcohol abuse disorders to chronic diseas
Cervical cancer: preventable with shot, screening

HealthJun 2, 2011

Cervical cancer is the third most common cancer and fourth-leading cause of cancer mortality in women worldwide. More than half a million women are diagnosed with cervical cancer every year and the annual mortality rate for cervical cancer is more than 270,000. Unfortunately, the incidence rate of our country (15 in 100,000 women) is much higher than that of other developed countries (less than si