T

The Korea Times

In the current issue · 56

Trump's 'energy ceasefire' sparks confusion as Russia strikes Ukraine

Donald Trumppresident
Effective immediately, there is an ENERGY CEASEFIRE in the War between Russia and Ukraine,
Johann Wadephulgerman Foreign Minister
Europe needs stability and that means that we are very clearly continuing to stay by the side of Ukraine and its government,
I believe our president is the best, and Americans should think about their own president,
We Ukrainians decide our own fate and our own freedom, and we are free people,

Trump calls for replacing Ukraine's Zelenskyy in tussle over diesel deal with Russia

Donald Trumppresident
I suggest they get a new leader who can make a deal,
Donald Trumppresident
We said, 'you can do whatever you want to Russia, don't hit the refineries', because that's a world problem that's caused,
Volodymyr Zelenskyypresident
Today, Russia said thank you for the lifting of sanctions on diesel exports by dropping five glide bombs on residential buildings in Zaporizhzhia,

Saudi airport passenger terminal is struck again, a day after 12 were killed

The airport — struck four times in the past five days — has been closed since Saturday’s missile attack, which was the deadliest in a Gulf Arab nation since the Iran war began

Salman of Saudi Arabiasaudi Energy Minister
There is no way that somebody will break our back. We are like a phoenix, we come out of the ashes all the time,
Rather than pushing Riyadh to step back, attacks on critical Saudi infrastructure could make the Saudis more determined to continue the campaign,

12 killed and over 300 hurt in latest attack on Riyadh airport, Saudi authorities say

Donald Trumppresident
We’ll find out.”
These reprehensible attacks demonstrate a blatant disregard for innocent civilian life. They must stop now,

North Korea fires multiple ballistic missiles, adding to streak of weapons tests

The joint chiefs did not immediately specify how many missiles they detected or how far they flew

Poland suspects assassination attempts on PM, defense minister

Members of the police, state protection service (SOP) and internal security agency were present at the meeting Sunday

Jacek Dobrzynskithe meeting, special services spokesperson
We are treating this matter as deadly serious,
Karolina Galeckainterior spokeswoman
Following information received by the Polish Police regarding a possible attack on Prime Minister Donald Tusk and Deputy Prime Minister and Defense Minister Wladyslaw Kosiniak-Kamysz, Interior Minister Marcin Kierwiński, and the Minister-Coordinator of Special Services, Tomasz Siemoniak, have ordered action to be taken in this matter,

Mahmoud Abbas postpones Palestinian legislative elections another year

The postponement leaves entrenched Palestinian leaders unchallenged and threatens to further erode the Palestinian Authority’s credibility among ordinary Palestinians and donor countries who fund it

Abbas is terrified by the electoral alliance bringing our faction together with opposition factions and forces within Fatah that reject his leadership,

Global poverty index rises for first time since its 2010 creation

More than half of those in acute poverty were children

Behind these figures are 1.2 billion people facing hardships that reinforce one another: hunger, missed schooling and a lack of clean water or electricity. This is unacceptable,
In Egypt, Nepal, and Tajikistan, both the poverty rate and the number of people experiencing multidimensional poverty have decreased significantly,

Policymakers take on energy shock, rising debt at IMF-World Bank meetings

The meetings run from Monday through Saturday in the Thai capital, and will see policymakers tackle some stark choices, with the IMF calling on governments to rein in spending even as vulnerable citizens' needs may be growing in the face of surging inflation and climate risks

Kristalina GeorgievaiMF Managing Director
Love it, hate it, or fear it, AI is here, rapidly becoming a key driver of countries' relative fortunes in the world economy,
Alexander De CroouNDP Administrator
Surging oil and food prices leave millions of families with no safety margin,
Kevin Gallagherprofessor of Global Development Policy, Boston University
The poorer member states of the IMF and World Bank are in distress from spillovers of the Iran war, rising interest rates in the West, and a climate crisis exacerbated by El Nino,
Kristalina GeorgievaiMF Managing Director
To put it simply, the global economy is being pulled in two opposite directions: a negative energy supply shock and a positive demand shock from AI,

How Taiwan's military manpower shortage is undermining its ability to fight

Shiv Sainiksmilitary analyst
First, you have to extend people’s duty hours, which increases fatigue,
If volunteer staffing remains below 80 percent, it will become increasingly difficult to train and retain enough operators,
Even if overall pilot staffing meets requirements, flying units could lack enough experienced majors and lieutenant colonels to serve as instructors, flight leads and mission commanders,

KOSPI plunges 3.65% despite Samsung's record earnings

The two chip heavyweights came under pressure as investors weighed renewed concerns about an artificial intelligence (AI) bubble following reports about OpenAI,
Although both markets stand to gain from rising global AI spending, their companies generate revenue differently and occupy distinct positions in the value chain,
Investors need to examine changes in global portfolio allocations, Korean semiconductor stocks’ relative valuations and differing expectations for future profit growth,