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Kim Tae-hyo, Trump’s preference, ‘Army buildup, defense industry advancement’ Harris’s ‘security education’ antipathy Kim Tae-hyo, deputy director of security, announced that he favors Republican candidate Trump in the US presidential election and ‘Korean defense industry advancement into the US for military buildup.’ On the 3rd, Kim, the first deputy director of security, said, “If former Presi..

Mass layoffs at large U.S. companies are spreading from electric vehicles to raw materials, defense industries, and asset management companies. As Tesla began laying off thousands of people on the 15th, Reuters covered the mass layoffs of large companies in the U.S. and Canada and reported on the scale of job cuts this year spreading to Mazon Alphabet's lithium company. Contrary to the hopes of ..

Yoon Seok-yeol ‘Financial support for the Weapons Value Alliance’ Australia and the US legislate ‘weapons information sharing’ President Yoon Seok-yeol defined arms exports as a 'value alliance peace industry' and established a 'production with local Australian steel with trade finance support' system in the export contract for Australian armored vehicles without blueprints, and Australia and th..

High-tech fighter jointly developed by Japan, UK and Italy, Saudi-financed purchase ‘de-America’ Advanced fighter jets were jointly developed by Japan, the UK, and Italy, and Europe and Japan began to break away from the US aviation-dominated defense industry through a large-scale purchase system invested by Saudi Arabia. In the Expo bid, Japan and the UK supported Saudi Arabia from the beginnin..

Islamic Union: Stop selling criminal weapons to Israel; Blinken: Kill Palestinians With Iran and Saudi Arabia joining together, the Islamic-Arab summit called on the international community to 'stop arms sales to Israel' in response to 'Israeli crimes', putting the brakes on arms exports to Korea, which maintains a pro-Israel stance. U.S. Secretary of State Antony Blinken said on the 10th in New..

Vietnam’s ‘Independence, Self-Reliance and Peace’ Indo-Pacific Strategy ‘Rejection’ Vs Yoon Seok-Yeol ‘Freedom, Peace and Prosperity’ Strategy ‘Core’ President Yoon Seok-yeol said at a meeting with compatriots in Hanoi on the 22nd that Vietnam is a key partner of the Republic of Korea in building the Indo-Pacific of freedom, peace and prosperity. Nguyen Phu Trong, president of the ruling Communi..

Trade deficit doubles year-on-year, securities companies focusing on boosting the defense industry and semiconductor economy With the trade deficit already doubling year-on-year in June, securities companies are leading the rise in the stock market with economic stimulus reports on the defense and semiconductor sectors in response to the government's September trade surplus reversal policy. The ..

As the United States and Germany, ahead of the elections, became a new quadratic system against the solidarity of Russia and China, the Ukrainian “war negotiations” moved away from Ukrainian territory and turned into “nuclear negotiations.” On the 3rd, US President Biden and German Prime Minister Schulz held a private meeting at the White House without accompanying reporters and parted ways with..

While China and semiconductors are accelerating trade deficits, the government's export stimulus policy is focusing on long-term strategies prioritizing domestic restructuring, which is counterproductive. Ahn Deok-geun, head of the Trade Negotiation Headquarters, revealed in an interview with Maeil Business News on the 21st that the introduction of a long-term export support policy model based o..

India and the United Arab Emirates (UAE) have reached a 'major agreement' on renewable energy interconnection between the two countries, India's Minister of Electricity and Renewable Energy announced on the 15th. India and the UAE signed a broad trade and investment agreement on February 18 last year, which stipulates a reduction in all tariffs on each other's goods and an increase in annual tra..