World News Insights
1-3 Minute Gist

World News Insights 1-3 Minute Gist

South Korea Articles

LyrArc brings in selected articles from many of the world's top publications.

Articles are selected by experts and you can see the gist of the important articles.


The HinduOriginal article ›
WSJOriginal article ›
LyrArc Article Gist
The South Korean won has lost 17% of its value so far in 2022. Heavy reliance on exports to a rapidly slowing Chinese economy, high corporate and household debt levels, outflow of funds, and the depreciating won, reflect weakness in the Korean economy.
DW.COMOriginal article ›
LyrArc Article Gist
This report in DW.com shows how the rebuilding of the European Union supply chain is happening with shift of manufacturing from China to Vietnam and India. This report looks at how Danish companies are investing in Vietnam. EU trade with Vietnam is now $64 billion. 
NYTimes.comOriginal article ›
The White HouseOriginal article ›
LyrArc Article Gist
See the full text of the speech by president Biden on the "Battle for the Soul of the Nation" which was delivered at Independence Hall in Philadelphia on September 1, 2022. It is the place where the Declaration of Independence was debated and written by Thomas Jefferson and the founding fathers. In the You Tube video next see the Lyrarc Gist for the speech given by president Abraham Lincoln in the same Hall on Feb. 22, 1861, on his way to the White House as the Civil War ...
YouTubeOriginal article ›
LyrArc Article Gist
US president Biden's historic speech at Independence Hall in Philadelphia, where the Declaration of Independence was debated and written- "We believe that all men are created equal..." Since 1776 these lines have inspired people for 200 years and Biden says they will continue to do this for the next 200 years, as America stands as a beacon for the people of the world aspiring for a better life. Click on Original Article to see the You Tube video of this speech, ...
WSJOriginal article ›
International Monetary Fund IMFOriginal article ›
LyrArc Article Gist
Some of the statements on the IMF Blog on Inclusive Growth raises the question-Does the IMF, the International Monetary Fund, as an American institution funding developing countries, and economists, grasp what people find troubling in 2022? One of the lessons of the economic crises for families and workers in the US and other countries is that wisdom, a grasp of the soul of a country and its people through the thinking of its founders, and common sense, should drive managing of economies, with a knowledge of how economies work- not economists. Some of that is already happening. America's central bank is headed by Jerome Powell who has wide experience and has knowledge of how the economy runs, is not an economist. He was chosen by president Trump and continues to have the confidence of president Biden for this very reason.

Some of the statements on the IMF economic blog are-

"Why jobs are plentiful and worke ...
Ministry of External Affairs, Government of IndiaOriginal article ›
LyrArc Article Gist
Jaishankar on the connection between the Indian and Pacific Ocean region into one integral whole with the emergence of independent nations from the British, French, and Dutch Empires in the region, and the growth of Indonesia, Malaysia, Singapore, Vietnam, Philippines and Thailand. The growth of trade and use of sea lanes for supply chains, modern shipping and logistics, have created sea lanes that stretch from the Gulf and Suez to Hawaii and Seattle. India plays a critical role with t ...
WSJOriginal article ›
LyrArc Article Gist
Taiwanese disinformation prevention efforts include tracking down fake information sources, connecting with the government agencies, Google and Social media companies, and action making internet companies responsible for the information on their sites. Google has trained 110 people in Taiwan as part of this effort. Taiwan also places importance on the public getting trained to spot what is unlikely to be true and inconsistent.
The HinduOriginal article ›
LyrArc Article Gist
South Korea has won a $2.25 billion deal with a Russian state run nuclear energy company to build Egypt's first nuclear plant. South Korea's state run Hydro and Nuclear Power will provide turbine related equipment and construction work  for the nuclear plant to be built 80 miles from Cairo on the Mediterranean coast.
WSJOriginal article ›
LyrArc Article Gist
Apple's plans to make the new iPhone 14 in India. Its efforts to bring NPI or New Product Introduction processes to India so that new iPhones can be built in a short time. This would mean not replicating production processes existing in China but setting up new ones from scratch. About 95% of iPhones are made in China. Only about 7% in India by year end which Apple plans to increase to much higher levels by 2025, as some of the supply chain for Apple shifts to India from China. The ...
WSJOriginal article ›
BBC NewsOriginal article ›
LyrArc Article Gist
The BBC presents a different view of the pardon of Samsung's Jay Y Lee. It questions the idea that it will help the Korean economy, and whether it can help ordinary Koreans because trickle down economics won't work. Korea's major companies the chaebol have grown unpopular in the country over the last decade, with major protests over bribery scandals. 
WSJOriginal article ›
LyrArc Article Gist
Abut 77% of South Koreans support the pardon of the vice chairman of Samsung which will be announced on Liberation Day Aug 15 when Korea was free from Japanese colonial rule.His release will help address the economic crisis in Korea. It also comes as Samsung makes billions of dollars of investments in renewable energy, semiconductors and other products.
WSJOriginal article ›
WSJOriginal article ›
WSJOriginal article ›
WSJOriginal article ›
LyrArc Article Gist
The epitome of massive distortions in the way capital is allocated in capital markets of the last two decades even as healthcare, childcare, manufacturing technologies and infrastructure was starved of captal funding is Masayoshi Sen and Softbank which posted a $23 billion loss in the April-June 2022 quarter. This is one and half times the loss in the first quarter. Heard on the Street in WSJ dismisses Mr. Sen's contrition on these losses as this will continue into the future ...
WSJOriginal article ›
LyrArc Article Gist
Softbank the epitome or synonym of waste on a huge scale of capital allocation for the last 2 decades in massively distorted capital markets when healthcare, childcare, manufacturing technologies and infrastructure is suffering from lack of funding, is hit with a loss of $23 billion for the second quarter which was one and half times the loss of the first quarter. As the WSJ reports Softbank and Masayoshi Sen was delirious in his own words during the tech booms of the last 20 ...
WSJOriginal article ›
WSJOriginal article ›
LyrArc Article Gist
China's military exercises for air and sea blockade of Taiwan raise the political risk of doing business in China says this report in WSJ. It raises the risk level for American corporations such as Apple and Boeing and others, that have large investments in China. The escalating tension and freeze in relations between the US and China is a watershed moment says the WSJ. Looking back years from now it may be the year following the pandemic and the war in Ukraine that tensions took on a l ...
WSJOriginal article ›
DW.COMOriginal article ›
LyrArc Article Gist
Trading relationships and supply chain relationships of China with Japan, and other ASEAN nations built up since China joined the international trading system and became a major exporter are interconnected with the political relationships unraveling over issues such as Taiwan and maritime disputes. It took three decades for China to build up exports and manufacturing for exports of $1 trillion to the US and EU in 2021. Freedom of navigation in international waters and oceans, respect for in ...
France 24Original article ›

Support LyrArc

We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.

Support Lyrarc from as small as $1


Copyright © 2006 - 2022 Intelilinks LLC
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us