South Korea’s political turmoil is expected to subside within half a year, according to Bank of Korea official Soohyung Lee, who noted that past impeachments have led to quicker resolutions. However, concerns remain over potential tariffs on South Korean exports to the U.S., which could have a significant impact on the country’s economy. The proposed tariffs by President-elect Donald Trump could not only affect South Korea’s exports but also lead to inflation in the U.S., keeping interest rates high and impacting the Korean won.
Full Article
11 stabbed at Salem, Oregon mission that aids homeless people
SummaryOn Sunday evening, eleven individuals were stabbed at the Union Gospel Mission in Salem, Oregon, which supports homeless individuals. The police reported that a male suspect is in custody, while all victims were transported to a local hospital with various injuries. The motive for the attack and the identity of the suspect have not yet been disclosed. Full Article
Read more