The Korea Herald

[Lee Jae-min] Perils of investment disputes

ViewpointsOct 18, 2011

The U.S. ratification of the Korea-U.S. FTA on Oct. 13 lobbed the ball into Korea’s court one final time. It is being reported that Korea’s ratification procedure will begin soon. One of the key points that the opponents of the agreement raised (again) after last week’s U.S. ratification was the inv
World must demand an accounting from Tehran

ViewpointsOct 18, 2011

The terror plot by Iran that U.S. officials say they uncovered last week is a serious escalation of lawlessness by Tehran’s leaders that threatens not only American interests but those of other countries in the Western Hemisphere.Mexico and Argentina figure prominently in the provocative scheme to h
Occupy Wall Street loves pearls of capitalism

ViewpointsOct 18, 2011

It was probably inevitable that the Occupy Wall Street movement would be rife with contradictions. Back on Sept. 15, two days before the first protest began in lower Manhattan, an organizing principle of sorts appeared on the Adbusters website. “Hey President Obama, get ready for our one demand!” th
[Jeffrey Frankel] Barrels, bushels, bonds take global economy for a ride

ViewpointsOct 18, 2011

CAMBRIDGE ― The prices of hydrocarbons, minerals, and agricultural commodities have been on a veritable roller coaster. While commodity prices are always more variable than those for manufactured goods and services, commodity markets over the last five years have seen extraordinary, almost unprecede
Readers’ VOICE

Oct 17, 2011

On the Jeju base...I’m not Korean nor have I even been to Jeju, but I have seen many pictures of Jeju Island, read about it and dream to go there one day. I voted for it for the 7 Wonders of the World. I watched 1N2D go there and I was there in spirit with them as they showed me the wonders of Jeju
[VOICE] Should Jeju have a naval base?

Oct 17, 2011

With construction under way and opposition not letting up ...Should Jeju have a naval base?Battleground of ideasThe proposed naval base at Gangjeong on Jeju Island has been a source of bitter controversy since it was first announced in 2007. The South Korean Navy argues that the $970 million dollar
[Editorial] Kim Han-sol spotlight

EditorialOct 17, 2011

The international media, including South Korean newspapers and networks, has found a new celebrity in the 16-year-old grandson of North Korean dictator Kim Jong-il. The activities of Kim Han-sol at an international school in Bosnia are competitively covered by the European, Japanese and Korean media
[Editorial] China and N.K. refugees

EditorialOct 17, 2011

Large numbers of North Koreans cross the Amnok (Yalu) and Duman (Tumen) Rivers into China to escape from hunger and repression. Only the privileged few get official travel permission for business or visits with their relatives but most risk their lives as they swim across narrow and shallow points o
Planet Earth to welcome the 7 billionth child

ViewpointsOct 17, 2011

At some point this month, October 2011, a child will be born and the world’s population will have reached seven billion. There is a good chance that this childbirth will take place in the Asia-Pacific region; home to 61 percent of the world’s population.If the child is born in the Asia-Pacific regio
[Nouriel Roubini] The instability of inequality

ViewpointsOct 17, 2011

NEW YORK ― This year has witnessed a global wave of social and political turmoil and instability, with masses of people pouring into the real and virtual streets: the Arab Spring; riots in London; Israel’s middle-class protests against high housing prices and an inflationary squeeze on living standa
Why Einstein was wrong about being wrong

ViewpointsOct 17, 2011

If you want to get your mind around the research that won three astronomers the Nobel Prize in physics this year, it helps to think of the universe as a lump of dough ― raisin-bread dough, to be precise ― mixed, kneaded and ready to rise. Hold that thought.Now consider Albert Einstein ― not the wild
[Meghan Daum] Liberals pin hopes on Elizabeth Warren

ViewpointsOct 17, 2011

Liberal fervor, which took a hit when it became apparent that Barack Obama the president was not going to live up to the promise of Barack Obama the Shepard Fairey poster, is back in action. From the streets of Manhattan to the pages of Facebook, from L.A.’s City Hall to email blasts from MoveOn.org
[Peter Singer] Harsh judgements on the death penalty ― again

ViewpointsOct 17, 2011

PRINCETON ― Three significant events relating to the death penalty occurred in the United States during September. The one that gained the most publicity was the execution in Georgia of Troy Davis, who had been convicted of the 1989 murder of Mark McPhail, an off-duty police officer.Davis’ death sen
[William Pesek] ‘Made in China’ tag makes hypocrites of us all

ViewpointsOct 16, 2011

Hypocrisy is the defining element in all the wrangling over China’s currency. The debate seems deceptively simple: As China booms and America implodes, how much blame does Beijing’s undervalued currency get for chronic U.S. unemployment? China says none ― it’s a developing nation and needs to create
[Editorial] ‘Occupy Yeouido’ rally

EditorialOct 16, 2011

Anti-capitalism protests, which took shape in New York a month ago to decry Wall Street bankers, swept across the world Saturday. Angry protesters rallied in hundreds of cities all over the world, denouncing greedy financiers and ineffectual politicians for ruining the global economy and condemning