The Nasdaq tumbled after Yellen’s comments – why are people afraid of interest rates?

           As vaccinations take place in the United States, it is expected to return to daily life soon. But at the same time, there are growing concerns that inflation could occur.            The word “Inflation” refers to a rapid rise in prices. In the event of inflation, prices of various foods and daily necessities, including […]

Countermeasures for reducing industrial accident deaths and labor unions

Yugyeong Jeong The “Measures to Reduce Industrial Accident Deaths in 2021”, announced by the government on March 25, is a measure to upgrade the comprehensive plan for occupational safety and health supervision established by the Ministry of Labor to the government level amid successive deaths in industrial accidents. The government has decided to focus on […]

Cryptocurrency and Financial Bubble

Hajon Lee From last year Cryptocurrencyand the stocks market have been a major keyword and the hot topic worldwide. There have been many people who have become richer than they have ever been, but also, on the other hand, people whose money became just paper waste. So why has ever jumped into the boat of […]

Revenge Spending in the era of COVID-19

Yugyeong Jeong People who were constrained in their daily life due to COVID-19 are slowly going out and consuming. The impact of the reduction in consumption due to COVID-19 was significant. Last year, real domestic consumption fell 4.9%, and real gross domestic product (GDP) fell 1% compared to the previous year. However, this year, people’s […]

Global Warming and Climate Change

Yugyeong Jeong As global warming continues, there have been many natural phenomena in 2020. Many countries have been damaged by massive forest fires, hurricanes, heat waves, and typhoons. In Australia, Siberia, and South America, some regions have been devastated by large forest fires. There were frequent hurricanes in the North Atlantic region. Africa and Southeast […]

Real Estate Panic Buying

Hajon Lee Korea has had its ups and downs with real estate. One of the most controversial and seemingly difficult problem the government cannot solve is the continuous increase in real estate prices. House price does not seem to be adjusted or stopped, they keep on rising and they have become unstoppable. The government has […]

Korean Students Need Confidence and Interest in Learning

Minjun Son Korean elementary school 4th graders and middle school 2nd graders had the highest international achievement in mathematics and science. However, it was surveyed that confidence in math and science skills and interest in subjects were lower than the world average in both elementary and middle classes. The Ministry of Education announced on the […]

Lotte Mart Shouts at Guide Dog

Hajon Lee Last Sunday, on the 29th, an employee who appeared to be a manager at Lotte Mart’s Jamsil branch in Seoul blocked the entrance of a guide dog with a sign of a disabled dog and shouted at the volunteer. A post from an eye witness has made the issue go viral. The photo […]