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Foreigners Sell 1.4 Trillion Won in Stock Market Fear, Government Repeats ‘Debt Response’ for Domestic Use As the Korean stock market is facing a selloff of 1.4 trillion won due to fears over a US recession and the sharp drop in the dollar, the Korean government announced a ‘real response’ policy for domestic investors. On the 5th, Financial Services Commission Chairman Kim Byung-hwan announced,..

In the United States, the producer price index (PPI) rose 9.7% in December (compared to the previous year), and unemployment insurance claims in the first week of January increased by 23,000 from the previous week to 230,000. The U.S. Department of Labor announced on the 12th that the consumer price index (CPI) for December last year was 7%, the highest since 1982. The US CPI was 6.8% in Novembe..

As the rapid economic stimulus of the corona is concentrated on semiconductor bio companies, the number of unemployed increases and a class society that maximizes the gap between rich and poor by increasing luxury consumption emerged. In March, the unemployment rate rose 0.1%p year-on-year to 4.3%, but consumer prices rose 1.5%, department store sales surged 62.7%, while discount stores, a mass ..