South Korea’s new president Lee Jae-myung wasted no time addressing economic concerns, launching his first cabinet meeting with an urgent focus on reviving the economy and supporting struggling households.
Just a day after taking office, President Lee Jae-myung chaired his first cabinet meeting, emphasizing the need for swift action on economic recovery—a key promise from his campaign. Lee enters office amid political upheaval following former president Yoon Suk Yeol’s brief imposition of martial law, which triggered his impeachment and public outrage.
Lee criticized the state of the presidential office, and pledged immediate stimulus spending of at least 30 trillion won ($22 billion) to counter sluggish growth. With South Korea’s economic forecast nearly halved this year, Lee and his nominated prime minister, Kim Min-seok, warn of a crisis deeper than the 1997 Asian financial crash. Meanwhile, unresolved issues with U.S. tariffs remain a looming challenge.
The meetings will reportedly focus on potential and proposed trade cooperation between Moscow and Washington. Presidential envoy will hold discussions...
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Europe needs to develop global partnerships with key nations to tackle global problems together, chancellor tells Munich Security Conference...
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A South Korean Army AH-1S Cobra attack helicopter crashed on Monday (9 Febuary) during a training flight in the northern county of Gapyeong, killing both crew members on board, the military said.
South Korea has said it will uphold its trade agreement with the U.S. despite President Donald Trump’s announcement of higher tariffs on South Korean goods.
A South Korean court sentenced former Prime Minister Han Duck-soo to 23 years in jail on Wednesday for charges including engaging in a key action of insurrection concerning ex-President Yoon Suk Yeol's declaration of martial law in December 2024.
Former South Korean President Yoon Suk Yeol was sentenced to five years in prison on Friday after a court found he obstructed authorities from arresting him following his failed attempt to impose martial law in December 2024.
Europe heads into the Munich Security Conference, on Friday (13 February), amid deepening unease over U.S. policy, as President Donald Trump’s hard-line stance on defence, trade and territory fuels doubts about Washington’s long-term commitment to transatlantic security.
Türkiye and Greece signalled renewed political will to ease long-standing tensions during high-level talks in Ankara on Wednesday (11 February). Maritime borders, migration and trade topped the agenda as both leaders struck a cautiously optimistic tone.
Stalled U.S.–Iran talks and mounting regional tensions are exposing a growing strategic rift between Washington and Tel Aviv over how to confront Tehran, political analyst James M. Dorsey says, exposing stark differences in approach at a critical moment.
BMW is recalling a mid six figure number of vehicles worldwide after identifying a potential fire risk linked to the starter motor.
The suspect in a deadly school shooting in western Canada was an 18-year-old woman who allegedly killed her mother and stepbrother before attacking her former school. Investigators have not provided a motive for what is being described as one of the worst mass killings in Canada.
As Cuba’s government prepares for American aggression, residents say economic hardship worries them more than the threat of war. Tensions between Cuba and the U.S. have escalated sharply this year, as Washington steps up sanctions and threatens regime change.
Speaking at Munich Security Conference, Ukrainian foreign minister Andrii Sybiha calls for decisive steps ahead of expected Geneva talks
U.S. President Donald Trump told troops at Fort Bragg on Friday that America has regained respect and strength on the global stage and reiterated the need to confront Iran amid stalled nuclear negotiations.
The meetings will reportedly focus on potential and proposed trade cooperation between Moscow and Washington. Presidential envoy will hold discussions with U.S. officials in Switzerland aimed at restoring bilateral trade relations.
Europe needs to develop global partnerships with key nations to tackle global problems together, chancellor tells Munich Security Conference
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