■ Current account deficit in August for the first time in 14 years… Samsung’s earnings plummet
The current account was in the red for the first time in 14 years as of August. This is because exports are sluggish and imports of raw materials have increased. As semiconductor sales declined, Samsung Electronics, the largest company by market cap in Korea, saw its operating profit drop by more than 30% in the third quarter.
■ “Consideration to cancel the ‘9/19 Agreement’ in the case of North Korea’s nuclear test”
If North Korea proceeds with a nuclear test, the people’s power has argued that it should consider canceling the 9/19 inter-Korean military agreement. President Yoon Seok-yeol answered, “It is difficult to tell in advance” to the related question, but it does not seem to close the possibility.
■ U.S. Treasury Department imposes sanctions on individuals and companies that procured oil from North Korea
The US Treasury has imposed additional sanctions on North Korea. Two individuals and three businesses involved in the export of oil to North Korea were placed on the sanctions list, and they were deemed to have directly supported the development of North Korea’s weapons program.
■ Accelerating the competition for power… Lee Jun-seok’s next general election is unclear
The power of the people who sighed with the court’s decision to dismiss the injunction shows that the competition for the next party is accelerating. Former Chairman Lee Jun-seok, who received an additional one-year suspension from party membership, has virtually made it difficult for him to run for the next general election.
■ Nobel Peace Prize for Ukrainian human rights groups, etc… anti-putin keynote
This year’s Nobel Peace Prize was shared by a Belarusian human rights activist and two human rights groups from Russia and Ukraine. All were recognized for their efforts for human rights and peace once morest Russia and the pro-Russian dictatorship.
#Account of account #9/19 inter-Korean military agreement #US Treasury_Exports of oil to North Korea_Sanction list #Nobel Peace Prize
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