#crisis (6 Posts)
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Samsung's Union Strikes Back: Wage Cuts and Executive Bonuses Spark Outrage
Recently, the union membership at Samsung Electronics has skyrocketed. The union has taken a firm stance against the company, including staging bus protests. According to these union members, Samsung Electronics Chairman Lee Jae Yong is commonly referred to as the puppet chairman among company employees, which is attracting attention. In an interview with OhmyNews, the Chairman […]
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Supporting North Korean Defectors: The Essential Role of Hana Centers
Hanawon, officially known as the Settlement Support Center for North Korean RefugeesSupports defecto ...
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K-Pop Giant HYBE in Crisis: Internal Struggle Threatens Multi-Label System
South Korea’s most extensive entertainment company, HYBE, founded by Bang Si Hyuk in 2005, is reportedly in internal turmoil. HYBE, which spotted a subsidiary that discovered the girl group NewJeans attempting to seize control, has confirmed that it has launched an internal investigation. Some point to the multi-label system that HYBE has maintained, which guarantees […]
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China Faces Worst-Case Economic Scenario: Potential Financial Crisis in 2027
Predictions are surfacing that China’s economy, currently facing difficulties, could potentially lead to a financial crisis. The editorial cartoons from a media outlet hint at the plausible likelihood of such a scenario./Jingji Ribao. Currently, the worst-case scenarios primarily advocated by some foreign media and think tanks regarding China’s severe economic situation are being put forward. […]
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North Korea Criticizes U.S. for 'Double Standards' in Ukraine, Middle East
Israeli forces carrying out an operation against Hamas in the Gaza Strip (Photo= IDF) North Korea has criticized Western countries, including the United States, for taking a duplicitous attitude toward the war in Ukraine and the war in the Middle East. On the 8th, North Korea’s Korean Central News Agency reported an article by Yang […]
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Americans Pile on Debt as Chinese Pinch Pennies: Why Americans Borrowing, Chinese Budgeting
U.S. sees record credit balances surge amid economic recovery hopes, while China focuses on low-cost brand consumption.