Park Hyung-jun Calls for Unity Among Conservative Candidates in Busan Park Hyung-jun, the candidate for Busan mayor from the People Power Party, stated on May 10 that candidates Park Min-sik, representing the People Power Party, and independent Han Dong-hoon, running in the Busan North District, must unify to secure a conservative victory in the upcoming June 3 local elections and by-elections. During a meeting of the election campaign committee held at the party's office in Busanjin-gu, Park emphasized, "The most crucial step for electoral victory is the unification of conservatives, yet the Busan North District election is once again jeopardizing this unity." He further criticized the situation, stating, "Candidates on the ground are acutely aware of the detrimental effects of division, as the election in this small district is shaking the entire Busan election landscape." Park expressed concern that the current three-way race would lead to voter fragmentation. He noted, "Recent polls indicate that about 65% of conservative voters desire unification." He cautioned that if conservative candidates engage in a fierce battle under the complacent belief that they can win despite the three-way race, conservative voters will become divided, and moderate voters will turn away. He urged candidates to recognize this reality and take on their responsibilities seriously. Emphasizing the need for conservative unity, Park stated, "To prevent the 'special investigation law' aimed at absolving one's own crimes and to safeguard democracy in South Korea, Busan, as a critical battleground in this election, must become a stronghold of democracy." He asserted that only through conservative and civic unification can the administration of Lee Jae-myung be restrained from overreach.* This article has been translated by AI. 2026-05-11 03:03:38

Yoon Suk Yeol and Kim Geon-hee's Supreme Court Appeal Advances The Supreme Court is set to hear the appeal of former President Yoon Suk Yeol and his wife, Kim Geon-hee, after their sentences were increased in the appeals court. According to legal sources on May 10, the Supreme Court is expected to begin proceedings for the couple's appeal case soon. On May 6, the Supreme Court received the records of Yoon's case regarding allegations of obstructing the Corruption Investigation Office's arrest. The formal assignment of the case to a designated panel and presiding justice has not yet occurred. The case involves five allegations against Yoon, including violations of the right to deliberate and vote on martial law by cabinet members, the post-facto creation and destruction of martial law declarations, issuing false public announcements after declaring martial law, instructing the deletion of classified phone records, and obstructing the execution of arrest warrants. This is the first criminal appeal trial for Yoon related to the martial law situation, and it is the 'first case' handled by the dedicated insurrection trial division established at the Seoul High Court. Yoon was previously indicted on charges of obstructing special public duties and abusing his authority, and on January 16, he was sentenced to five years in prison in the first trial, prompting an appeal. On April 29, the appeals court increased his sentence to seven years, adding two years to the original term. The appeals court reversed the first trial's not guilty verdict on charges of false advertising against foreign media (abuse of authority) and violations of the deliberation rights of the ministers of Land, Infrastructure and Transport, and Trade, Industry and Energy, as well as allegations of instructing the overseas publicity secretary to issue false information. Kim Geon-hee, who has been indicted on charges related to stock manipulation and receiving money from the Unification Church, is also preparing for her appeal. Initially, the first trial found her not guilty of violating capital market laws and political funding laws related to a 'free opinion poll' involving Nam Tae-kyun, while partially convicting her of soliciting bribes under the specific crimes aggravated law related to the Unification Church, resulting in a sentence of one year and eight months. On April 28, the appeals court more than doubled her sentence to four years. The appeals court determined that Kim was a 'co-offender' in the stock manipulation case and interpreted the timing of the stock manipulation offenses in relation to the statute of limitations differently than the first trial. While the first trial did not find her complicit with the stock manipulation group, the appeals court concluded that she had participated knowingly and as a co-conspirator. Additionally, the appeals court divided the trading periods into three phases: the first (October 2010 to January 2011), the second (March 30, 2011), and the third (July to August 2012). Unlike the first trial, which ruled that the first and second phases were barred by the statute of limitations, the appeals court viewed these as a single crime (continuing offense) and deemed them punishable. The appeal trial will focus on legal interpretations where the first and second trials diverged, as it is a legal review rather than a factual one. Key issues in Kim's case will include the conspiracy in stock manipulation, the recognition of continuing offenses, and the application of the statute of limitations. In Yoon's case, attention will be on the establishment of abuse of authority and the interpretation of martial law-related authority. There is also interest in whether the Supreme Court will meet the three-month ruling deadline stipulated in the special investigation law. According to the law, the deadline for Kim's case is July 28, and for Yoon's case, it is July 29. However, since these are not mandatory provisions, there may be a focus on careful deliberation over speed.* This article has been translated by AI. 2026-05-11 03:01:50

KOSPI Surges Past 7,000 as Demand for Borrowing Hits Record 40 Trillion Won KOSPI has surpassed the 7,000 mark for the first time, leading to a significant influx of funds from individual investors into the stock market. The demand for borrowing to invest in stocks has surged, pushing the balance of minus accounts to a record 40 trillion won. Meanwhile, demand deposits have decreased for the second consecutive month, prompting some banks to raise interest rates on deposits.As of May 7, the balance of minus accounts at the five major banks—KB Kookmin, Shinhan, Hana, Woori, and NH NongHyup—stood at 40.5029 trillion won. This marks an increase of 715.2 billion won in just three business days since the end of April, when the balance was 39.7877 trillion won. The current balance is the highest since January 2023, when it reached 40.5395 trillion won. In terms of monthly growth, this is the largest increase in two years and seven months, surpassing the previous high in October 2023.This surge is attributed to a combination of household loan regulations and the rise in KOSPI. The balance of minus accounts began to expand significantly in October 2022, reaching over 40 trillion won by the end of November 2022. As various regulations, including the June 27 and October 15 real estate measures, reduced the limits on mortgage loans, the balance of minus accounts increased sharply. The recent rise in KOSPI past 7,000 has further fueled this increase.In May, over 5 trillion won has exited from demand deposits, reflecting expectations of continued stock market growth. The balance of demand deposits at the five major banks was 696.0511 trillion won as of May 7, down 5.013 billion won from 696.5524 trillion won at the end of April. This follows a decrease of 3.3557 trillion won in April, indicating a trend of funds leaving for two consecutive months.In response to this situation, some banks are taking defensive measures to retain deposits. NH NongHyup Bank has raised the interest rate on its NH All One e-deposit from 2.95% to 3.10%. KakaoBank and K-Bank have also introduced deposit products with interest rates over 3%. However, there are predictions that these rate increases may not significantly alter the flow of funds. A financial industry source stated, "In a situation where stock prices have risen by more than 10%, even a slight increase in interest rates is unlikely to stop the movement of funds."* This article has been translated by AI. 2026-05-11 03:00:15

Seoul Mayoral Candidates Unveil Pet and Transportation Policies Seoul mayoral candidates Jung Won-oh of the Democratic Party and Oh Se-hoon of the People Power Party each unveiled their respective policies on pets and transportation on May 10, aiming to capture voter attention during the holiday period. Jung announced his "Happy Pet Family Seoul" pledge on his Facebook page in the morning and later visited a pet training and stray dog shelter at the Gyeongdong Market to hear from the community. The core of his proposal is to establish a welfare system for pets that covers everything from adoption to care, medical treatment, and burial. As part of this initiative, he plans to gradually implement a "standard veterinary fee system" to reduce the financial burden of pet medical expenses. Jung stated, "Excessive medical costs lead to abandonment and anxiety in pet ownership," adding, "We will create an environment where pet owners can care for their animals with transparency and predictability in costs." The Seoul Animal Welfare Support Center will be expanded into a central hub for animal welfare, assisting with reporting, rescue, care, medical treatment, adoption, and relocation of stray and lost animals. Plans are in place to establish public pet boarding facilities and dog parks in all 25 districts. Jung emphasized, "We will create a new standard for coexistence and respect between pet owners and non-pet owners in Seoul." Oh Se-hoon, on the same day, announced his transportation policy at his campaign office in Gwancheol-dong, focusing on enhancing transportation infrastructure in northeastern, northwestern, and southwestern Seoul, as well as integrating the climate card and expanding its application. Oh pledged to invest 20.8 trillion won to focus on "connecting transportation arteries." He aims to expedite the completion of seven urban rail lines, including the Gangbuk Cross-Line, Myeonmok Line, Western Line, Mokdong Line, Nankok Line, Uiwisinsel Extension Line, and the Northeast Line. Funding will come from public contributions and revenue from the sale of public land through the "Gangbuk Renaissance Fund." This fall, he plans to introduce the "Seoul Climate Companion Pass," which will integrate the climate card created during his previous term with the government’s K-Pass. This pass will expand its usage to include the GTX-A and the Seoul section of the Shinbundang Line, and extend eligibility for young people up to 42 years old. Citizens aged 70 and above who use public transport fewer than 15 times a month will receive a 100% subsidy for transportation costs. Additionally, a wireless communication-based train interval maintenance system will be introduced to efficiently reduce subway wait times, and the number of autonomous express buses and late-night buses will be significantly increased, starting with a service at 3:30 a.m. Oh stated, "Transportation is one of the most important policies related to the quality of life for Seoul citizens, alongside housing," and assured that he would ensure a solid financial plan so that citizens would not worry about feasibility. Meanwhile, Oh reiterated his call for a one-on-one debate with Jung. After his policy announcement, Oh told reporters, "It is unfortunate that Jung has declined to participate in the one-on-one debate scheduled for May 11 following the Kwanhun Debate." He added, "We need an opportunity to discuss housing supply, price stabilization, and the real estate issues stemming from the Lee Jae-myung administration's loan regulations and tax increases, and to show this to the citizens."* This article has been translated by AI. 2026-05-11 02:58:34

NATO Proposes Satellite Launch Cooperation with South Korea, Japan, Australia, and New Zealand NATO has proposed participation in its satellite launch cooperation initiative, known as the "StarLift" plan, to South Korea, Japan, Australia, and New Zealand, four partners in the Indo-Pacific region. According to the Nihon Keizai Shimbun (Nikkei) on May 10, NATO has recently reached out to these four countries regarding their involvement in the StarLift initiative. The StarLift plan aims to quickly launch replacement satellites using the launch facilities of partner nations in the event of issues with existing satellites or launch equipment, with a focus on restoring satellite networks. Both military and commercial satellites are expected to be included in this initiative. NATO has reported that China and Russia are enhancing their military capabilities in space, particularly through reconnaissance satellites. As countries expand their networks of reconnaissance and communication satellites, concerns have grown over potential interference or destruction of satellites, especially following reports of Russian satellites tracking others. In response to the potential for attacks in space, NATO initiated the StarLift plan in 2024, with participation from over ten member countries, including France, Germany, and Italy. The Nikkei reported that the Japanese government has responded positively to NATO's proposal and is currently coordinating among relevant ministries. However, Japan will need a separate agreement to participate, and there are numerous logistical issues to address, including the transportation procedures for launch facilities and related equipment across borders. South Korea, Japan, Australia, and New Zealand, which received the proposal, are part of the four Indo-Pacific partners (IP4) that NATO has been seeking to strengthen cooperation with. NATO is expanding its connections with these partner countries not only in traditional land, sea, and air operations but also in new security domains such as space and cyberspace. Japan's cooperation with NATO in space is also becoming more concrete. The Nikkei reported that Japan has confirmed its participation in NATO's "SpaceNet" initiative, which discusses how to utilize necessary security technologies with companies in the space industry. The Japanese government plans to compile a list of relevant companies to discuss cooperation with NATO.* This article has been translated by AI. 2026-05-11 02:57:14

Banks Embrace Inclusive Finance Amid Caution as Authorities Push for Public Finance The financial authorities are set to launch an 'Inclusive Finance Task Force' soon, marking a significant step toward publicizing the financial sector's role as emphasized by President Lee Jae-myung. While the heads of major commercial banks express support for the government's initiative to expand inclusive finance, they also voice concerns about uniform target setting and evaluations focused on short-term results. According to the financial sector on May 10, the Financial Services Commission plans to hold a kickoff meeting for the Inclusive Finance Task Force (tentative name) this month. Specific preparations, including the formation of subcommittees and agenda discussions, are currently underway. The establishment of the task force follows recent strong expressions from the Blue House regarding the public functions of finance. President Lee pointed out during a Cabinet meeting on May 6 that he feels “the public nature of financial institutions is too weak.” Kim Yong-beom, head of the Blue House Policy Office, also criticized the issue of financial exclusion for low- and medium-credit individuals as a “structural contradiction that has been meticulously neglected.” The task force is expected to discuss a wide range of topics, primarily focusing on reforming the credit evaluation system. Changes are anticipated in the current credit assessment methods, which fail to adequately reflect the future potential of individual borrowers. Additionally, the task force will address issues related to the existing lending system, which primarily serves high-credit borrowers while imposing barriers for those with medium to low credit scores. In response to the government's direction, the heads of major commercial banks generally expressed agreement. A survey conducted by Yonhap News among five major bank leaders, including Lee Hwan-joo of KB Kookmin Bank, Jung Sang-hyuk of Shinhan Bank, Lee Ho-sung of Hana Bank, Jeong Jin-wan of Woori Bank, and Kang Tae-young of NH Nonghyup Bank, revealed that none of the bank heads denied the public nature of banks. All bank leaders acknowledged that “banks have a quasi-public institution nature,” stating, “While banks operate as businesses based on market principles, they conduct operations on a public foundation that includes state authorization, trust, depositor protection, and financial stability, which imposes a much higher level of public nature and social responsibility than ordinary companies.” Regarding the criticism that vulnerable borrowers are excluded from the existing credit evaluation system, they noted, “It is time to evolve from a simple selective finance model to a data and technology-based 'discovery finance.' We are enhancing financial accessibility through the advancement of credit evaluation by combining existing financial data with non-financial alternative data.” However, there were overall concerns about evaluating how much inclusive finance has been implemented and the potential for profit or loss based on that evaluation. One bank leader pointed out, “If the expansion of uniform inclusive finance is evaluated solely based on loan volume or interest rates, it could ultimately burden the real economy and increase risks across the market in the long run.” Other bank leaders also expressed worries that “excessive interest rate reductions or debt relief could create a sense of relative deprivation and moral hazard for diligent repayers,” and that “a focus on short-term results could distort market functions and worsen soundness,” potentially burdening the autonomy and stability of financial institutions.* This article has been translated by AI. 2026-05-11 02:55:10

Today's Horoscope: Zodiac Predictions for May 10 Today’s horoscope from Ajou Economics reveals what the stars hold for you. Curious about your fortune today? Read on! 1. Aquarius (January 20 - February 18) You may face criticism from superiors or receive sharp remarks from close friends today, leading to potential stress. It's essential to maintain a calm mind and body. Couples should be cautious of minor disputes that could lead to distance in the relationship. Singles may find their romantic prospects less favorable, risking hurt feelings on either side. Financially, expect average luck. Spending moderately on yourself is acceptable, but avoid unnecessary purchases. Consider investing in leisure activities or travel instead. Lucky Tip Lucky time: 9 PM Lucky item: Aromatherapy products Lucky place: Restaurant Lucky color: Brown 2. Pisces (February 19 - March 20) Today may bring a flurry of unexpected events, creating a chaotic atmosphere. You might receive surprising results from ongoing projects, with some progressing unexpectedly well. Love is in the air; singles may develop feelings for someone new. It's best to express your feelings subtly rather than overtly. Couples should be vigilant, as distractions may arise. Financially, expect a good day with unexpected income that could lift your spirits. You might also recover money lent out in the past, so don’t shy away from socializing. Lucky Tip Lucky time: 8 PM Lucky item: Flowers Lucky place: Popular restaurant Lucky color: Yellow 3. Aries (March 21 - April 19) While no significant luck is expected today, there are also no major risks. However, avoid acting on whims, as boredom may lead to poor decisions. Staying still is the best course of action. If you’re contemplating a breakup, today might be the day to make that decision. For singles, attending social events could lead to meeting someone decent, though not exceptional. Financially, expect average conditions. You’ll see money coming in and out clearly, but be cautious of unexpected expenses. Avoid lending money, even in small amounts, to prevent future issues. Lucky Tip Lucky time: 2 PM Lucky item: Social media Lucky place: Exhibition or art gallery Lucky color: Violet 4. Taurus (April 20 - May 20) Today, you may find yourself dwelling on the past, potentially leading to jealousy and stress. It's important to find inner peace and avoid overreacting to minor issues. Love prospects are not particularly bright. Couples may face significant arguments due to jealousy, while singles should refrain from forcing romantic connections, as it could backfire. Financially, things are gradually improving. You might earn money through unexpected means. Career prospects are also favorable, so consider job changes or new opportunities. However, be cautious with short-term jobs. Lucky Tip Lucky time: 2 PM Lucky item: Photos Lucky place: Friend's house Lucky color: Pink 5. Gemini (May 21 - June 21) If you’ve been feeling down, today is a day for complete recovery. With a fresh mindset, it’s a great time to tackle postponed tasks. If you enter a contest, luck may be on your side. Love prospects are also bright; attending social events could lead to meeting someone who fits your ideal. Couples will enjoy a delightful day together, so don’t skip your date. Financially, expect a recovery. If money has been a concern, solutions will start to emerge. Just be careful not to overspend; balance is key. Lucky Tip Lucky time: 5 PM Lucky item: Books Lucky place: Place of worship Lucky color: Blue 6. Cancer (June 22 - July 22) Expect surprising news today, likely from a close friend. This news will not be negative, possibly involving a friend's marriage or job offer. You may feel anxious due to a partner who is reluctant to share their worries. It’s important to be patient and wait for them to open up. Singles should temper their expectations in love, as today may not be particularly favorable. Financially, expect a very good day. People will be eager to help you, and even if your wallet feels light, you won’t struggle financially today. It’s a good time for investments, so keep an eye out for opportunities. Lucky Tip Lucky time: 11 AM Lucky item: Mirror Lucky place: Busy area Lucky color: Gray 7. Leo (July 23 - August 22) You’ll radiate vitality today, and good news will come your way. Expect to receive compliments for your achievements, earning admiration from both juniors and seniors. If you’ve had a disagreement with your partner, reach out first to mend things. This could bring you closer together. Singles will find excellent romantic prospects; reaching out could lead to success. Financially, expect a great day. Even if you spend money on others, your wallet will quickly refill. Generosity now will pay off later when you might need help. Lucky Tip Lucky time: 2 PM Lucky item: Lottery ticket Lucky place: PC room Lucky color: White 8. Virgo (August 23 - September 23) Today, you may feel mentally foggy and could receive criticism for your lack of focus. Mistakes are likely, so avoid being careless. Stay organized to minimize errors. Couples should create a secret between themselves to strengthen their bond. Singles may fare better in one-on-one settings rather than group meetings, where mistakes could happen. Financially, you may face a slight crisis but will manage to overcome it. Be cautious of health-related expenses. Stay alert to avoid accidents while distracted. Lucky Tip Lucky time: 4 PM Lucky item: Lip gloss or lipstick Lucky place: Fast food restaurant Lucky color: Red 9. Libra (September 24 - October 22) Today may bring unexpected encounters in unusual places. You might meet someone who offers a unique perspective, bringing joy and assistance. For couples, too much time together may not be beneficial. Maintaining some distance can strengthen your relationship, as frequent meetings may lead to boredom. Financially, things are looking up. If you’ve been struggling with money, hope may finally be on the horizon. Keep an eye out for those willing to help you; following their advice could lead to good fortune. Lucky Tip Lucky time: 6 AM Lucky item: Necklace or earrings Lucky place: Amusement park Lucky color: Blue 10. Scorpio (October 23 - November 22) You may achieve unexpected success today without much effort, feeling as if luck has finally arrived. This fortune has been lingering around you and is now making its presence known. Love prospects are particularly bright. Singles may encounter someone attractive unexpectedly, so pay attention to your appearance. Couples can also expect positive developments in their relationship. Financially, expect the best. You might recover lost items or experience a windfall. With heightened financial awareness, offering advice to others could be beneficial. Overall, enjoy a period of financial ease. Lucky Tip Lucky time: 7 AM Lucky item: Emergency cash Lucky place: Train station Lucky color: Navy 11. Sagittarius (November 23 - December 24) Avoid unnecessary worries today. While minor annoyances may arise, it’s important to laugh them off. Balance is key, whether between work and leisure or family and friends. Couples may find themselves acting out of irritation. Instead of buying gifts, focus on showing genuine care, as your partner will appreciate your thoughtfulness more than material gifts. Financially, expect a significant boost. Despite any surrounding chaos, today is a good day for investments. If someone offers financial advice, consider discussing it with them. Lucky Tip Lucky time: 3 PM Lucky item: Wristwatch Lucky place: Shopping mall Lucky color: Orange 12. Capricorn (December 25 - January 19) Today, you may feel compelled to reconnect with someone you miss. This could be a chance to mend relationships with those from your past. While you may dwell on the past, it might not feel so bad. Singles will experience peak romantic luck, with multiple admirers vying for your attention. In such cases, choosing the last person you meet may be advantageous. Financially, things are looking decent. However, be firm if someone close asks to borrow money; your generosity could lead to financial strain later. Lucky Tip Lucky time: 3 PM Lucky item: Gift Lucky place: Café Lucky color: Ivory ※ Horoscope content is provided by the fortune-telling site 'Sansu Do-in'.* This article has been translated by AI. 2026-05-11 02:51:57

Supreme Court Rules Desk-Tipping Not Assault Without Physical Threat The Supreme Court has ruled that tipping over a desk does not constitute assault if it does not pose a physical threat to the victim.On May 10, the Supreme Court's first division, led by Justice Ma Yong-joo, overturned a lower court's ruling that imposed a fine of 300,000 won on an individual identified as A, and sent the case back to the Uijeongbu District Court.A was charged with assault after tipping over a desk during a verbal altercation with B in a residents' meeting room of an apartment complex in Goyang, Gyeonggi Province, in May 2021.Both the first and second trials found A guilty and imposed the fine, stating that “fragments of the overturned desk flew toward the victim, and the sudden act startled and threatened the victim and others present.”However, the Supreme Court found that the lower court had misunderstood the legal principles regarding the establishment of assault, accepting A's appeal.The court stated, “The evidence presented by the prosecution, including the fact that fragments of the desk flew toward the victim as a secondary result of A's actions, is insufficient to conclude that A assaulted the victim or had the intent to do so.”It further explained, “Considering that the desk was tipped over in a direction blocked by another desk, and that the victim was standing approximately at the 10 o'clock position relative to A, it does not appear that A's actions posed a physical threat to the victim. Simply startling or frightening the victim does not qualify as 'assault.'”The court also referenced previous rulings, stating, “Assault under criminal law is intended to protect the integrity of a person's body, not to safeguard against psychological distress. Therefore, in cases where there is no physical contact with the victim, one must carefully assess whether the exertion of force against a person constitutes assault.”The court emphasized the need to consider various factors, including the physical orientation of the act, the degree of illegality against the victim's body, the spatial proximity between the actor and the victim, the intent and purpose of the act, the nature and method of the act, the circumstances at the time, and the presence and extent of any pain inflicted on the victim.* This article has been translated by AI. 2026-05-11 02:49:54

Putin Says Meeting Zelensky Possible Only in Moscow Russian President Vladimir Putin emphasized the justification of the Ukraine war during his speech commemorating the 81st anniversary of Victory Day, stating that any direct talks with Ukrainian President Volodymyr Zelensky would only be possible in Moscow. On May 9, during a press conference marking the victory in World War II, Putin expressed his willingness to engage in direct dialogue with Zelensky but insisted that the meeting must take place in the Russian capital. He stated, "Anyone who wants to meet me must come to Moscow." While he clarified that this was not a direct invitation to Zelensky, he expressed his readiness to meet, adding, "We can meet somewhere other than Moscow, but only if a long-term peace agreement is reached beforehand." Putin dismissed reports regarding a message from Zelensky conveyed by Slovak Prime Minister Roberto Fico, stating, "There was no personal message." He acknowledged that Fico had communicated Zelensky's willingness to meet but noted, "This is not the first time we have heard such statements." In his Victory Day speech, Putin reiterated the legitimacy of the Ukraine war, claiming, "We are facing aggressive forces supported by NATO," and asserted, "Our heroes are advancing and winning on the front lines and in the rear." He emphasized, "I firmly believe our cause is just." Putin also addressed the contentious issue of uranium enrichment in the context of ceasefire negotiations between the U.S. and Iran, stating that Russia could play a mediating role. He explained that, if necessary, Russia could accept and store Iran's enriched uranium as part of a ceasefire agreement. He claimed that all parties involved, including Iran, the U.S., and Israel, had initially agreed on uranium removal, but the U.S. later changed its position, prompting Iran to adopt a tougher stance. He noted that Russia had previously received enriched uranium from Iran in 2015 and was prepared to repeat that experience. Earlier, U.S. President Donald Trump stated that he had received an offer of assistance from Russia regarding Iran's enriched uranium but declined it, suggesting that the focus should remain on ending the war in Ukraine. North Korean Troops Participate in Victory Day Parade As Putin used Victory Day to underscore the justification for the Ukraine war, the participation of North Korean troops in the parade drew attention. According to TASS, North Korean military units marched in the military parade held in Moscow's Red Square to commemorate the victory in World War II. Victory Day is one of Russia's major national holidays, celebrating the Soviet Union's victory over Nazi Germany, with large military parades taking place annually on May 9. This marked the first time North Korean troops participated in the Russian Victory Day parade. Video footage shared by TASS on social media showed North Korean soldiers in uniforms marching in formation while carrying rifles. Reuters and the Associated Press reported that the North Korean troops marching in Red Square were part of units that had fought alongside Russian forces in the Kursk region. Analysts suggested that their participation symbolized respect for North Korea's support of Russia in the Ukraine war. Kursk is a southwestern region of Russia bordering Ukraine, where Ukrainian forces occupied parts of the area in August 2024. North Korea is believed to have contributed to Russia's efforts to reclaim Kursk. Russia officially declared the recovery of Kursk territory on April 26 of last year. Leonid Slutsky, Chairman of the Russian State Duma's International Affairs Committee, told TASS, "The participation of North Korean troops in the parade signifies the strategic partnership and alliance between our two countries." He added, "North Korean soldiers fought bravely and selflessly alongside our troops to liberate the Kursk region, which exemplifies true camaraderie."* This article has been translated by AI. 2026-05-11 02:48:30

Defense Minister An Gyu-baek: No Issues Accelerating Transfer of Wartime Operational Control An Gyu-baek, the Minister of National Defense, stated on May 10 that there are no significant issues with accelerating the transfer of wartime operational control, as preparations have been systematic, stable, and consistent. Speaking to reporters at Incheon International Airport before his departure to the United States, An noted that U.S. and South Korean officials made considerable progress on the transfer of wartime operational control based on conditions agreed upon in 2015. An will meet with high-ranking officials, including U.S. Secretary of Defense Pete Hegseth, during his visit to the U.S., which marks his first trip since taking office in July 2022. On May 11 (local time), An is scheduled to hold talks with Hegseth in Washington, D.C., and will also meet with other U.S. government and congressional officials, including the acting Secretary of the Navy, the Senate Armed Services Committee Chairman and Ranking Member, and the Chairman of the Subcommittee on Seapower. In 2015, during the 47th Korea-U.S. Security Consultative Meeting (SCM), the two countries agreed on a 'conditions-based transfer of wartime operational control plan' (COTP) and have been working toward this transfer since then. When asked about the direction in which the two countries are seeking to find common ground on the wartime operational control issue, An referred to the agreement made during last year's 57th SCM to finalize the target year for the transfer by the end of this year, stating, "That is also one of the key issues during this visit to the U.S." The government of President Lee Jae-myung is pushing for the transfer of wartime operational control as a national agenda, aiming for 2028 as the target year for the transfer before the current U.S. administration's term ends. The government is reportedly working to set the 2028 target year after completing the second phase of evaluation and verification procedures for the transfer, which involves verifying the full operational capability (FOC) of the future combined military command. This would be approved by the defense ministers of both countries at the SCM in October. Regarding cooperation on the construction of nuclear-powered submarines, An emphasized the importance of implementing follow-up measures agreed upon by the leaders of both countries, stating, "It is crucial to fulfill our promises and discuss mutual cooperation between South Korea and the U.S." When asked if an initial negotiation could be expected within the first half of the year, he responded, "Of course," adding, "Regardless of any difficulties, I believe this issue must be resolved between the military authorities of South Korea and the U.S." He further noted, "In the past, South Korea and the U.S. have had no significant issues in fulfilling promises and procedures, and if the U.S. provides some support regarding fuel, there should be no major problems in proceeding with the construction process." Last year, during a joint fact sheet, the leaders of South Korea and the U.S. agreed to cooperate on the construction of South Korea's nuclear-powered submarines, but subsequent negotiations have not progressed significantly. Observers have noted that other issues, such as the Coupang matter, have negatively impacted the progress of these negotiations. During An's visit to the U.S., a meeting of the 'Integrated Defense Consultative Body' (KIDD), which includes deputy ministers from both countries' defense authorities, will also be held in Washington, D.C., on May 12-13. Last month, South Korea's chief diplomatic representative for North Korea, Jeong Yeon-du, and Cho Hyun-woo, the security strategy secretary at the Blue House, visited Washington, D.C. A Defense Ministry official stated that this visit aims to facilitate direct communication at a high level to review the implementation of agreements from the Korea-U.S. summit and the SCM, noting that wartime operational control and nuclear-powered submarines will be key issues for discussion.* This article has been translated by AI. 2026-05-11 02:46:38