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Complexity of Inflation Reduction Act

The Inflation Reduction Act (IRA) has complicated U.S.-Korea relations and spurred accusations by one senior Korean official that the new electric vehicle requirements are a "betrayal." However, the IRA is also a complex piece of legislation designed significantly to reduce U.S. greenhouse gas emissions and reshape supply chains for critical minerals.
United States France General Troy Stangarone Joe Manchin Kyrsten Sinema Senate Majority Leader Chuck Schumer

Split from GSK, Haleon seeks to solidify consumer healthcare leadership

Consumer healthcare company Haleon was officially launched on Monday (U.K. time) after completing its spinoff from GSK, its Korean unit said Tuesday. Haleon is a global leading company in the consumer healthcare markets of 170 countries, selling numerous well-known brands such as Advil, Sensodyne, Panadol, Voltaren, Theraflu, Otrivin, Polident, Parodontax and Centrum.
City Of United Kingdom Baek Byung Yeul Brian Mcnamara York Stock Exchange London Stock Exchange

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Yoon holds private meeting with visiting US nuclear envoy

President-elect Yoon Suk-yeol had an unscheduled meeting with Sung Kim, the U.S. special representative for North Korea, Tuesday, and expressed his strong determination to coordinate with the United States on North Korea's mounting threats, according to his transition team, Wednesday. Yoon had dinner with the American envoy at the residence of Vice National Assembly Speaker Rep. Chung Jin-suk in Seoul, according to the transition committee. Chung, a longtime friend of Kim, arranged the gathe...
Soult Ukpyolsi South Korea North Korea United States Yoon Suk Yeol Chung Jin Suk

Political polarization hinders talks with North Korea

In advance of the one-year anniversary of his inauguration, President Joe Biden lamented the challenges of political polarization for advancing his agenda. In noting the near universal Republican opposition to the majority of his agenda and the lack of a Republican platform for governing that might allow room for compromise, Biden asked rhetorically, "I wonder what would be the Republican platform right now. What do you think?"
P Yongyang Si North Korea United States South Korea Chuck Schumer Troy Stangarone

Human rights commission investigates assault on Mongolian teen

The National Human Rights Commission of Korea (NHRCK) said Wednesday that it has decided to conduct an investigation into a group assault by four middle school students of a girl originally from Mongolia. "We concluded that we need to look thoroughly into whether the school and the regional education office took proper initial measures in the case, whether the school's disciplinary process for student violence was appropriate, as well as into allegations that the police did not take pro...
South Korea Kyongsang Namdo Bahk Eun Ji National Human Rights Commission Of Korea National Human Rights Commission Korea Times

South Korea should play larger role in ending pandemic

As we approach the end of the second year of the pandemic, the world faces renewed uncertainty from the Omicron variant of COVID-19. However, now that South Korea has fully vaccinated 80 percent of its population against the coronavirus there is an opportunity for it to play a larger role in ending the pandemic.
United States South Korea Troy Stangarone Samsung Biologics Cem Cakmakli European Union

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