Heathrow Airport in London, England, has announced that they would extend the period of the capacity curbs on the number of passengers traveling through the airport until October 29th. Heathrow Airport’s maximum number of daily passengers is currently 100,000. The curb was to last until September 11
On August 15th, a delegation from the Congress of the United States (U.S.) met Taiwan’s dignitaries and discussed the relationship between the U.S. and Taiwan’s trade investment, and the global supply chain. The American Institute in Taiwan (AIT) explained that the visit reflected stable support of
On August 16th, during a meeting of high prosecutors, the Supreme Public Prosecutor’s Office (SPO) announced that they would take stern action against increasing narcotic and organized crimes. During the first half of this year, the total number of drug offenders was 8,575, a 13.4% increase compared
In August, Korea suffered from one of the heaviest rainfalls in decades. There were losses of life and damage to property, including several basement dwellings. Therefore, on August 16th, the Yoon Suk-yeol administration announced the first housing supply measures of 2.7 million houses in five years
Sri Lanka is an island country located in South Asia, in which the Rajapaksa family has dominated the country’s politics for the past two decades. Due to problems including nepotism among the political class, the collapse of tourism, and shortages of essential goods, Sri Lanka has faced one of the w
The United States (U.S.) Consumer Price Index (CPI) figures for June 2022 reached 9.1%, the highest in nearly 41 years. These high inflation numbers have led the U.S. Federal Reserve, also known as the Fed, to hike the interest rates further. On July 17th, the Wall Street Journal reported that the F
South Korea and the United States (U.S.) military resumed large-scale field exercises from August 22nd to September 1st, rebranded as Ulchi Freedom Shield (UFS). The joint exercise used to be conducted as a computer simulation-based training exercise, but this year’s military drill will include an o
Recently, BA.5, one of the most contagious Omicron subvariants of the coronavirus disease 2019 (COVID-19), has been spreading rapidly. In addition, as South Korea confirmed its first case of BA.2.75, a new highly-mutated subvariant of the virus – nicknamed “Centaurus” – concerns have gro
The yen exchange rate against the dollar soared to ¥131.5 on April 28th, the highest in 20 years. Until now, Japan has depreciated the yen value through quantitative easing to activate the economy. Former Prime Minister Shinzo Abe had implemented a stimulating policy called Abenomics, a policy t
Elon Musk, the chief executive officer (CEO) of Tesla, the electronic car manufacturer, took over Twitter at $44 billion. The Board of Twitter agreed to sell the company to Musk for $54.2 per share, which is a 38% premium over the stock price on April 1st. Bret Taylor, Twitter’s independent Board Ch
The Seoul government has revealed that discussions on extending late-night taxi hours will start after the local election on June 1st. Recently, while the late-night taxi shortage intensified as the demand surged after social distancing rules were lifted, the number of taxi drivers decreased due to
With the start of President Yoon Seok-yeol’s term on May 10th, the presidential office moved to the Ministry of National Defense compound, and the presidential residence transferred to the residence of the Minister of Foreign Affairs in Yongsan. Consequently, the Ministry of National Defense moved t