All in.That’s essentially the message Treasurer Wayne Swan is sending about Australia’s odds-defying bet on Chinese growth. The government’s latest budget pledges to deliver the quickest improvement in the nation’s finances on record ― without specifics about how that will happen.The absence of such detail is telling and can be boiled down to one thing: an even bigger gamble on China’s 10 percent

JERUSALEM (AP) ― Masked Palestinians whirling slingshots clashed with Israeli riot police in two Arab neighborhoods of Jerusalem on Saturday after the shooting death of a teenage stone thrower. It was a sign of rising tensions on the eve of Palestinian commemorations of their uprooting during Israel’s 1948 creation.The possibility of escalation comes at a critical time for U.S. Mideast policy. Pre

The Kenyan Community in Korea has launched its first quarterly newsletter called Jambo-Kenya Korea. “It will serve its readers with articles, opinions, and news to encourage Kenyans to take hands-on and bold action to enhance the bilateral relations between Kenya and Korea,” said Kenya Ambassador Ngovi Kitau.With roughly 200 Kenyans living in Korea, the ambassador hopes that this initiative will p

South Korean figure skater Kim Yu-na left Sunday for Lausanne, Switzerland, to brief the International Olympic Committee on her country’s bid to host the 2018 Winter Olympics in the eastern resort city of PyeongChang.Speaking to reporters at Incheon International Airport, South Korea’s main gateway located west of Seoul, the reigning Olympic gold medalist and 2009 world champion said she aimed to

The Korean Film Archive will present 11 films by Finnish moviemaker Aki Kaurismaki in Busan.The Finnish scriptwriter and director has won many awards, with his most successful movie being “The Man Without a Past,” which won the Grand Prix and the Prize of the Ecumenical Jury at the 2002 Cannes Film Festival and was nominated for an Academy Award in the Best Foreign Language Film category in 2003.

The question of “What is the European Union?” has raised much debate in Europe and the world over the years, despite the European Commission’s answer.To increase awareness and perhaps to answer the EU’s identity question, the Yonsei-SERI EU Center is hosting EU Week, an academic event designed to increase student knowledge about Korea’s most important trading bloc.The event is expected to bring to

The Europe-Korea Foundation held its annual World Fairtrade Day to enhance the commercial impact of Fairtrade in Korea by raising awareness among the public while giving back to the community.The “Big Fairtrade Breakfast” took place on May 14 in Cheonggye Square in Gwanghwamun. It is the biggest international Fairtrade event, held in 63 cities in 15 countries on the second Saturday of May. This ye