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Tag: South Korea

Posted on July 23, 2020

Global report: South Korea goes into recession as Australia flags huge deficit

United States nears four million Covid-19 cases; Trump blames BLM protests for spread; Hong Kong sees more than 110 new infections …

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Posted on July 23, 2020

Pandemic Pushes South Korea Into Recession as GDP Contracts 3.3% in Q2

Gross domestic product (GDP) decreased by a seasonally adjusted 3.3% in the June quarter, the central bank said on Thursday, after declining 1.3% in the previous quarter and much worse than a 2.3% …

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Posted on July 23, 2020

South Korea’s Jeju Air says scraps deal to acquire budget carrier Eastar Jet

SEOUL (Reuters) – South Korea’s top budget carrier Jeju Air Co Ltd said on Thursday it decided to scrap a deal agreed in principle to take over smaller Korean peer Eastar Jet …

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Posted on July 22, 2020

U.S., China envoys meet in South Korea amid high tensions

July 22 (UPI) –The top U.S. and Chinese envoys to South Korea held a rare meeting to discuss topics of bilateral concern in Seoul, the same day China said the United States ordered Beijing to close …

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Posted on July 22, 2020

Undiagnosed virus infections could be 27 times higher in South Korea’s Daegu city-study

A small South Korean survey of people with no history of COVID-19, but living in a city with the most cases, showed that one in nine had antibodies to the novel coronavirus, indicating the virus may …

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Posted on July 22, 2020

Thae Yong-ho calls for pressure on North Korea to repay debts

The lawmaker said in his analysis South Korean unification ministry data indicates Seoul has spent more than $920 million on loans to North Korea. From 2000 to 2007, Seoul loaned $724 million for …

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Posted on July 22, 2020

US Military Eyes Changes to Troop Presence in South Korea

In a Pentagon briefing later Tuesday, Jonathan Hoffman, the chief Defense Department spokesman, confirmed that the DoD is taking an overall look at “whether we are properly supporting the missions …

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Posted on July 21, 2020

Defense Secretary Mark Esper Says U.S. Is Considering ‘Adjustments’ to Troops in South Korea

Esper said he has issued no order to withdraw from South Korea. Without discussing specifics, Esper said he favors more emphasis on rotational deployments, as opposed to permanent stationing, of …

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Posted on July 21, 2020

Mark Esper denies ordering U.S. troop reductions in South Korea

U.S. Secretary of Defense Mark Esper dismissed a recent press report suggesting the Trump administration plans to reduce U.S. troops in South Korea.

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Posted on July 21, 2020

Esper says US considering troop ‘adjustments’ in South Korea

The Pentagon is considering “adjustments” to its military presence in South Korea and around the globe as it shifts from years of countering insurgencies and militants in …

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