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K-NEWS157

Korean Economic Downturn: Department Stores, Supermarkets, and Small Businesses Struggling SummaryDomestic slowdown is causing a decline in sales for department stores, supermarkets, and small businesses in Korea.High interest rates and rising inflation are discouraging consumers from spending, which is having a ripple effect throughout the economy.The government has raised its growth forecast for this year based on strong exports, but concerns remain about the domestic economy.Policy.. 2024. 7. 24.
Kakao Founder Kim Beom-soo Arrested for SM Stock Manipulation… 'Concerns Over Evidence Tampering and Flight Risk' On July 23, 2024, Kim Beom-soo, founder of Kakao and Chairman of the Management Reform Committee, was arrested on charges of stock manipulation related to the acquisition of SM Entertainment. Judge Han Jeong-seok of the Seoul Southern District Court issued a warrant for Kim’s arrest, citing concerns over evidence tampering and the risk of fleeing. This case has sparked significant attention in S.. 2024. 7. 23.
Cho Kuk Re-elected as Leader with 99.9% Approval... "Preparing for Yoon's Impeachment" On July 20, 2024, Cho Kuk was re-elected as the leader of the Cho Kuk Innovation Party with an overwhelming approval rate. At the national convention, Cho received 99.9% of the votes, securing his position for another two years.In his acceptance speech, he took a strong stance against President Yoon Suk-yeol, pledging to push for his impeachment and removal from office.This election marks a sign.. 2024. 7. 21.
South Korean Military Expands Loudspeaker Broadcasts to North Korea… A Strong Response to Pyongyang's Provocations! Recently, North Korean provocations have been intensifying, prompting a significant escalation in South Korea's military response. On July 21, 2024, the Joint Chiefs of Staff (JCS) of South Korea announced that it would expand its loudspeaker broadcasts to North Korea along the entire front-line area in response to North Korea's persistent deployment of "balloon propaganda." This decision is see.. 2024. 7. 21.
Prosecutor General's Bypass Controversy: Kim Geon-hee's Investigation and Post-Report Article SummaryOn July 20, 2024, it was revealed that the Seoul Central District Prosecutor’s Office investigated Kim Geon-hee, the wife of President Yoon Seok-youl, and subsequently reported the investigation to Prosecutor General Lee Won-seok. Despite the Prosecutor General emphasizing the importance of Kim’s investigation multiple times, he was not informed of the ongoing investigation until .. 2024. 7. 21.
Kim Keon-hee's 12-Hour Secret Investigation by Prosecutors! The Truth Behind the Deutsche Motors Stock Manipulation and Luxury Bag Scandal? Recently, there has been a significant news story that has stirred up the political landscape in South Korea. The wife of President Yoon Suk-yeol, Kim Keon-hee, was reportedly subjected to a secret face-to-face investigation by prosecutors. This investigation revolves around allegations of Deutsche Motors stock manipulation and the receipt of a luxury bag. This article aims to delve into the det.. 2024. 7. 21.
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