News of interest to Foreign Readers
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- On Aug. 24, 2016, North Korea successfully fired a submarine-launched ballistic missile (SLBM) putting Seoul and its allies on edge, amidst speculation that the unimaginable defection of member of the communist aristocracy including elite diplomat Thae Yong-ho stationed to London could shake the very foundation of the dictatorship.
- On Aug. 19, when Galaxy Note 7, boastful of the waterproof, iris scanning features, was released at retail shops in Seoul, Samsung Electronics' stock price soared to its record highs thanks to the unprecedented Galaxy fever around the world.
- On Aug. 8, Standard and Poor's (S&P) upgraded Korea's sovereign credit rating to a record high of AA from AA- reflecting its economic and geopolitical situation that stable outlook of geopolitical risk on the Korean peninsula will not deteriorate below the current level.
- On Jul. 28, the Constitutional Court ruled that a sweeping new graft act, often referred to as the Kim Young-ran Act, scheduled to take effect on September 28, is constitutional, rejecting all petitions challenging its scope and vagueness. According to the law, a public official as well as journalists and private school teachers will face criminal punishment for receiving money or favors deemed expensive.
- On Jul. 13, the rural town of Seongju near the U.S. Forces Camp Carroll in North Gyeongsang was chosen as the site for the U.S.-led Thaad system, but severe objection and protest from not only Seongju County people but also China would be clear as daylight.
Bibichu (비비추, Hosta longipes) flowers are
Nothing but beautiful though
they are found here and
there under the