extra budget 4

Twin deficit, trade deficit Highest ever exchange rate 1,400 won to 144 yen to JPY

South Korea's exchange rate has entered the 1,400 won range from the largest trade deficit in history to a twin deficit, and the Japanese yen is continuing to break through the 144 yen per dollar level. Korea's trade deficit reached a record high of $9.47 billion in August, and the Bank of Korea announced for the first time the possibility of a current account deficit next month. After Chief Cab..

경제 2022.09.07

US government spending –12% deficit 49% decrease Vs Korean government spending 1.1% increase

In the US, federal spending fell by 12% in June, reducing its fiscal deficit by 49%, while South Korea's government spending rose 1.1% in the second quarter, making the gap in the widening deficit clear. The Bank of Korea announced on the 26th that government consumption rose 1.1% in the second quarter, led by social security in-kind benefits. When the US federal government's fiscal deficit reac..

카테고리 없음 2022.07.26

Biden 'Inflation Emergency No War' Yoon Seok-Yeol 'Inflation Stimulates the Economy'

While the US White House started an 'emergency' as a strong response to rapid inflation for the first time in 40 years, President Yoon Seok-yeol and Minister of Economy, After President Biden complained to his aides about dealing with inflation, the White House struggled with inflation and wrote a New York Times article 'No War with Russia'. The Washington Post reported on the 31st of last month..

카테고리 없음 2022.06.01

Choo Kyung-ho Fine-tuning macroeconomic high inflation, finance monopolized by bureaucrats ‘national interest’

Deputy Prime Minister nominee Choo Kyung-ho announced that he would respond by fine-tuning the high inflation system caused by macroeconomic cycles, and that finance would be managed by a bureaucratic monopolistic “national interest” system. At a press conference on the 10th, nominee Chu said at a press conference on the 10th, "I am trying to find a way to create a combination that has a minimal..

카테고리 없음 2022.04.11