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  • Summer Reading Trends: Higashino Keigo and Yoo Rae-hyuk Top Bestsellers
    Summer Reading Trends: Higashino Keigo and Yoo Rae-hyuk Top Bestsellers As the demand for reading rises during the summer vacation season, the passing of renowned Japanese mystery novelist Higashino Keigo has drawn significant attention to fiction.According to the Kyobo Bookstore's bestseller list for the fourth week of July, Yoo Rae-hyuk's Aquarium has claimed the top spot. The book has seen steady sales since its release, particularly driven by recommendations from readers in their 20s on social media.The trend in fiction continues with new releases. Higashino Keigo's Transparent Spiral has entered the Kyobo Bookstore's overall rankings at number four, as domestic readers have shown increased interest following the news of his passing. Over the past decade, Higashino has been recognized as one of the most beloved foreign authors in South Korea.Park Sang-young's new work, The Woman with the Straw Crown, also contributed to the summer fiction boom, debuting at number nine.At Yes24, the sentiment of mourning for Higashino Keigo is even more pronounced. Transparent Spiral has surged to the top position, with sales increasing by 326.5% compared to the previous week. His notable works, including Evil, Masquerade Life, The Devotion of Suspect X, and The Miracles of the Namiya General Store, have also re-entered the top 100 bestsellers.Additionally, there has been a notable rise in books related to investment and philosophy. Yes24 reports that Seneca: To You Who Are Losing Today has reached number two, while ETF Pension Class: Earning 5 Million Won Monthly Until Age 100 is in third place. Classic works by Nietzsche, Hesse, and Yoo Si-min continue to hold strong positions in the rankings.* This article has been translated by AI. 2026-08-03 01:00:21
  • Book Review: Johan Cruyffs Insights for Korean Football
    Book Review: Johan Cruyff's Insights for Korean Football "The biggest reason I play football is to entertain the audience. Winning was not the only thing that mattered to me." (p. 151)Johan Cruyff (1947-2016) transformed modern football as a player, coach, and administrator. He led Ajax in the Netherlands to eight league titles and three consecutive European Cup victories, and he ushered in a golden era at Barcelona as both a player and coach. He perfected the concept of 'total football,' a modern tactical approach emphasizing fluidity in attack and defense, and is regarded as a major influence on contemporary coaches like Pep Guardiola.His autobiography, Johan Cruyff (written by Johan Cruyff, translated by Lee Seong-mo, Knowledge Factory), reads more like a treatise on organization, leadership, and education than a typical sports hero's memoir. It covers entertaining football, a culture of learning from failure, teamwork that supports one another, and the importance of placing the right talent in the right positions. His messages extend beyond football to all organizations.For Cruyff, winning was a goal but not the entirety of the game. He envisioned a style of play that was technical, creative, and left fans wanting more. He constantly urged his players to think critically: create space when in possession and close gaps to apply pressure when out of it. The key was not just running a lot, but knowing where to run. He believed that football is a sport where understanding space and team movement takes precedence over physical fitness.This philosophy later culminated in total football, where all players engage in both attacking and defending, and when one moves, all ten follow. He emphasized that creating the best combination of players who complement each other is more important than simply gathering eleven outstanding athletes. His belief that "football is a game played with the head" was realized through meticulous calculations of distance, spacing, and timing. A lover of numbers and mental calculations, he viewed football as an art of space and a sport of logic.Cruyff's football philosophy also translated into his approach to life. He valued maintaining a clean dressing room, personally polishing his boots, and managing his belongings. He believed one must be a good person before becoming a good player. He learned from coach Jack Reynolds not to fear mistakes, from coach Rinus Michels about player protection and discipline, and from baseball, the importance of reading the game as a whole. He stated, "My life has always been a process of doing better and improving," accepting even failures as assets for growth.Notably, his role as a leader and administrator was impressive. Even after becoming a coach, he did not assume he knew everything. He brought in specialists like goalkeeper coaches and emphasized that "a leader is someone who places the right person in the right position." After retiring, he pushed for reforms at Ajax, aiming to change the structure where administrators without football experience dominated decision-making, advocating for a system where a committee of former players participated in decisions.Reading Cruyff's autobiography naturally brings to mind the current state of Korean football. Recently, Korean football has disappointed fans with underwhelming performances in the World Cup and ongoing administrative controversies. Cruyff consistently emphasized the importance of appointing the most suitable individuals and that those who understand the field should determine the direction of football.Of course, Cruyff is not the only answer. However, he demonstrated through his football career that tactics without philosophy cannot endure, and strong teams cannot exist without a system. One of Cruyff's statements lingers: "Winning is not everything. What matters more is how you win." (p. 106) 2026-08-03 00:04:00
  • Gyeongrin Park Sports Center Opens with Free Trial Operations in August
    Gyeongrin Park Sports Center Opens with Free Trial Operations in August On July 31, the Korea Racing Authority's Gyeongrin Headquarters held an opening ceremony for the 'Gyeongrin Park Sports Center' near the Gwangmyeong Speedom, marking the start of its operations.According to the Gyeongrin Headquarters on August 2, approximately 500 people attended the opening ceremony, including Gwangmyeong Mayor Park Seung-won, National Assembly members Lim O-kyung and Kim Nam-hee, and Gwangmyeong City Council Chairman Lee Hyung-deok.The Gyeongrin Park Sports Center was established with an investment of about 14.1 billion won from the Gyeongrin project, providing a community sports facility.Spanning 2,636 square meters and three stories, the center features a multipurpose gymnasium, fitness room, group exercise room, Pilates studio, and multipurpose rooms.The center plans to offer various community sports programs, including yoga, Pilates, fitness, badminton, basketball, dance sports, and line dancing, catering to a wide range of age groups from children to seniors.The Gyeongrin Headquarters will conduct free trial operations throughout August, followed by an assessment of the facilities and programs, with plans to incorporate user feedback for regular operations starting in September.Discounts will be available for Gwangmyeong residents, families with multiple children, veterans, and individuals with disabilities.Before the ceremony began, local residents were eager to tour the new facility.Visitors expressed their excitement, saying, "It will be convenient to have various sports facilities close to home," and "I look forward to a space where both children and seniors can use together. It's great to experience the facility through the free trial operations."The opening ceremony was held in a positive atmosphere, with local residents exploring the new sports facility and reviewing the operational plans.Choi Woo-nyeong, acting head of the Gyeongrin Headquarters, stated, "As a community sports facility funded by the Gyeongrin project, we will do our best to ensure that citizens can use it safely and conveniently."Meanwhile, the Gyeongrin Park Sports Center will operate from Wednesday to Sunday, and plans to review the expansion of programs and operating hours based on user demand.* This article has been translated by AI. 2026-08-02 22:36:00
  • President Lee Marks 60th Anniversary of Korean Nurses in Germany
    President Lee Marks 60th Anniversary of Korean Nurses in Germany President Lee Jae-myung met with Korean expatriates in Germany on August 2, promising to ensure that their voices lead to real policy and institutional changes.During a luncheon meeting at a hotel in Frankfurt, President Lee stated, "I will make sure that you can trust the government to listen to your stories and take action, no matter where you are in the world."According to a written briefing by Chief Spokesperson Kang Yu-jeong, about 150 members of the Korean community from the southern region of Germany, including leaders from Korean associations, economic organizations, and professionals, attended the meeting.After completing a tour of San Francisco and three South American countries, President Lee, accompanied by First Lady Kim Hye-kyung, met with Korean workers, businesspeople, and representatives from Korean associations and senior citizen groups.President Lee mentioned a survey of overseas Koreans' grievances that began earlier this year, noting that approximately 42 complaints had been reported from Germany. He added, "There are likely many more, and I expect to hear a lot today. Some issues may be difficult to resolve immediately, but others can be addressed easily."He explained the background of the meeting, saying, "I had to refuel somewhere after my trip to South America, and I thought it would be meaningful to stop here. I felt that Frankfurt was the most important place to meet you quickly."President Lee acknowledged that official visits to Germany typically lead him to Berlin, making it difficult to meet with the community. He expressed a desire to connect with overseas Koreans whenever possible.He emphasized the significance of the meeting, stating, "This gathering was created to share the situation in our homeland and to reflect your voices in the governance of South Korea as much as possible."Notably, President Lee highlighted that this year marks the 60th anniversary of Korean nurses stepping foot at Frankfurt Airport in 1966.He remarked, "Korea and Germany have risen from the pains of war and division, astonishing the world with the miracles of the Rhine and the Han rivers. Your lives are reflected in that history."President Lee noted that the contributions of those who dedicated their youth as miners and nurses extend beyond economic achievements. He praised them for demonstrating the diligence and responsibility of Koreans in German society, fostering trust in South Korea.He expressed gratitude to the first-generation Korean nurses for establishing Korean language schools and passing on their language and culture to their children. "Korean language schools are spaces that connect generations and serve as a focal point for the expatriate community. I extend my deep respect and gratitude for your sacrifices, dedication, and remarkable efforts," he said.The role of Korean businesses and expatriate entrepreneurs in Germany was also highlighted. President Lee stated, "Korean companies in Frankfurt and throughout Hesse are proving South Korea's competitiveness in the automotive, electronics, finance, logistics, bio, and high-tech sectors."He added, "The true competitiveness of a company is realized when it earns deep trust within the local community. You, who are building that trust, are the core of South Korea's competitiveness."President Lee noted that interest in Korean culture, which began with K-pop, films, dramas, and food, is expanding in German society to include the Korean language, studying abroad, employment, and Korean companies and technology.He praised the expatriates, saying, "If businesses showcase South Korea's capabilities and culture broadens the goodwill towards our country, you can connect that capability and goodwill with strong trust. You are true ambassadors of private diplomacy."During the open discussion, four expatriates, including Park Hwa-ja, a representative of the first-generation nurses, shared their experiences settling in Germany and their hopes for their homeland.Reflecting on her 60 years in Germany, Park expressed pride in being a small root in the Korean community. She added, "I hope that South Korea continues to develop into a country that values its citizens and expatriates, earning the trust and respect of the world."Kim Byung-hak, president of the European Korean Intellectual Property Association and son of a former miner, paid tribute to the laborers who dedicated their youth in Germany.He requested, "I ask the President to establish policies that allow all Koreans, both domestically and abroad, to unite and contribute to building a proud and strong South Korea."Dr. Kim Soo-ji, a dentist, stated that she is committed to her profession to honor her parents' diligence and pride as laborers, urging, "Please create a South Korea where citizens can feel pride no matter where they are."Go Ye-chan, a civil servant in Hesse's labor department, remarked, "The German government also considers Korea a strategic partner. I take pride in having roots in South Korea as I witness its changing status."After listening to the expatriates' remarks, President Lee acknowledged, "The Korean community in Germany has been deeply involved in the development of Korean democracy."He emphasized the need to uncover the truth about past pains and to continue establishing measures to prevent their recurrence.President Lee urged the expatriates to maintain their interest in their homeland, stating, "You can view South Korea more objectively from afar."Earlier, Jo Yoon-sun, president of the Southern Germany Korean Association, welcomed the attendees, stating, "The Korean community in Germany has a deep history of over 100 years, starting from independence activists like Im Lee-ryeok during the Japanese occupation to the Korean laborers who followed."Jo described the Korean community in Germany as one that intertwines past dedication, present challenges, and future hopes, expressing hope that the President's visit would comfort the expatriates and strengthen their connection to their homeland.In a cultural performance, the Frankfurt Korean Choir, led by the first-generation nurses, sang songs such as 'Meeting,' 'In the Flower Garden,' and 'Longing for Geumgangsan,' marking its 40th anniversary.With this expatriate meeting, President Lee concluded his official schedule during his tour of the United States, Brazil, Chile, and Argentina, and began his journey back home.* This article has been translated by AI. 2026-08-02 22:00:10
  • Jung Cheong-rae Wins Close Race Against Kim Min-seok in Democratic Party Primary
    Jung Cheong-rae Wins Close Race Against Kim Min-seok in Democratic Party Primary Jung Cheong-rae narrowly defeats Kim Min-seok in Busan-Ulsan-Gyeongnam primary2일 진행된 더불어민주당 부산·울산·경남(부울경) 지역 순회 경선에서 정청래 후보가 2만5189표를 기록해 2만3675표를 획득한 김민석 후보에 신승했다. 전날 충청권 순회 경선에서 근소한 차이로 김 후보에 패배한 정 후보는 이날 승리로 반격에 성공했다.정 후보는 이날 울산에서 4054표를 얻어 4337표를 획득한 김 후보에 뒤졌지만 부산과 경남에서 각각 1만345표, 1만790표를 확보하며 9182표·1만156표를 기록한 김 후보를 앞섰다.전날 충청권(충남·충북·대전·세종) 순회 경선에서 303표 차이로 석패한 정 후보가 이날 부울경에서는 1514표차로 신승하면서 일단 분위기 반전에 성공했다. 다만 당 안팎에서는 두 후보가 이틀 연속 경합을 벌이면서 선거 결과 예측이 더욱 어려워졌다는 평가가 나온다.민주당은 오는 8일 제주·인천, 9일 강원·대구·경북, 15일 전남·광주·전북, 16일 서울·경기 지역 순회 경선을 치른 뒤 17일 전당대회를 개최하고 새 당대표를 선출할 예정이다.Korea Exchange delays new ETF listings amid market turmoil단일종목 레버리지 상장지수펀드(ETF)를 둘러싼 시장 혼란으로 관련 대응이 급증하면서 한국거래소가 자산운용사들에 이달부터 일반 ETF 신규 상장 심사가 밀릴 수 있다는 취지의 안내를 한 것으로 나타났다.한국거래소는 지난달 말 주요 자산운용사들을 대상으로 상장 예정 ETF 수요를 조사하면서, 이달부터 예비심사를 청구하더라도 평소보다 일정이 늦어질 수 있으니 이를 감안해 상장 계획을 세워달라는 취지의 안내를 한 것으로 전해졌다.신규 청구 자체는 가능하지만, 기존 심사 물량을 우선 처리해야 하는 만큼 이달부터 일부 상장 일정이 밀릴 수 있다는 의미로 해석된다.거래소 심사가 늦어지면 이후 금융감독원의 증권신고서 검토와 상장 일정도 순차적으로 밀려 ETF 출시 전반에 제동이 걸릴 수 있다.이번 심사 지연은 지난 5월 말 단일종목 레버리지 ETF 상장 이후 시장 변동성이 확대하면서 국회와 금융당국의 자료 제출 및 대응 요구가 늘어난 데 따른 것으로 알려졌다.거래소는 이번 지연이 신규 ETF 심사 청구를 제한하거나 상장 심사를 중단한 것은 아니라고 선을 그었다.Gwangju and Jeonnam experience extreme heat with record temperatures연일 불볕더위가 지속되는 가운데 전남 광주 광양에서 낮 최고 40도를 돌파했다. 자동기상관측장비(AWS) 관측 기록 기준 8년 만이다.광주지방기상청은 3일 오후 3시 21분쯤 광양읍 비대표 관측지점에서 기온 41도를 관측했다. 이 지점은 대표 관측지점(광양시)이 아니어서 공식 기록으로 인정되지는 않지만, 최고기온이 40도를 넘은 것은 2018년 8월 1일 서구 풍암동에서 40.1도를 기록한 이후 8년 만이다.공식 기록을 기준으로 하면 지역 대표 관측지점의 역대 최고기온은 1994년 7월 24일 순천 주암 관측소에서 기록한 39.4도다.오는 3일 오전 11시부터 전남 광주 순천과 광주 동부 지역에는 폭염중대경보가 발효된다. 폭염중대경보는 2008년 폭염특보 제도를 도입한 이후 18년 만에 강화·신설된 최상위 경고단계.OPEC+ agrees to increase oil production by 188,000 barrels per day next month석유수출국기구(OPEC)와 주요 산유국 모임인 OPEC＋ 소속 7개국이 다음 달부터 하루 18만8000배럴 규모의 증산을 단행하는데 합의했다.OPEC 사무국은 지난 2일(현지시간) 사우디아라비아, 러시아, 이라크, 쿠웨이트, 카자흐스탄, 알제리, 오만 등 7개국과 화상 회의를 열고 이같은 결정에 서명했다고 3일 밝혔다.이들 국가는 2023년 4월과 11월에 자발적 감산 조치를 발표한 바 있다. 7개국은 원유 시장의 안정성을 지원한다는 공동의 목표 아래 지난 2023년 4월 발표했던 자발적 감산량에서 하루 18만8000배럴을 조정하기로 했다.이번에 결정된 생산량 조정은 9월부터 적용될 예정이다. OPEC+는 앞으로도 매월 정기 회의를 개최해 원유 시장 상황을 면밀히 점검할 방침이다. 다음 회의는 오는 9월 6일 열린다.* This article has been translated by AI. 2026-08-02 22:00:00
  • President Lee Marks 60th Anniversary of Korean Nurses in Germany
    President Lee Marks 60th Anniversary of Korean Nurses in Germany President Lee Jae-myung promised on August 2 to ensure that the voices of Koreans abroad lead to real changes in policies and systems. Speaking at a luncheon with the Korean community in a hotel in Frankfurt, he stated, "I will make sure that you can trust the government to listen to your concerns and take action, no matter where you are in the world."After completing visits to San Francisco and three South American countries, President Lee, accompanied by First Lady Kim Hye-kyung, met with over 100 attendees, including Korean workers, businesspeople, and representatives from Korean associations and schools.He referenced a survey of overseas Koreans' grievances initiated earlier this year, noting that about 42 complaints had been reported from Germany. He added, "There are likely many more, and I expect to hear a lot today. While some issues may be difficult to resolve immediately, there are also many that can be addressed easily."President Lee explained the background of the meeting, saying, "After visiting South America, I had to refuel somewhere, and I thought it would be important to stop here. I felt that Frankfurt was the right place to meet you all quickly." He acknowledged that official visits to Germany typically lead him to Berlin, making it harder to meet with the community.He emphasized that this year marks the 60th anniversary of Korean nurses stepping foot at Frankfurt Airport in 1966. "Korea and Germany have risen from the pains of war and division, each astonishing the world with the miracles of the Rhine and the Han River. Your lives are reflected in that history," he said.President Lee noted that the achievements of those who dedicated their youth as miners and nurses extend beyond economic success. "You have demonstrated the diligence and responsibility of Koreans to German society, building and solidifying trust in Korea," he remarked.He expressed gratitude for the first generation of overseas Koreans who established Korean language schools to pass on their language and culture to their children. "Korean schools are spaces that connect generations and serve as a focal point for the community, and I extend my deep respect and gratitude for your sacrifices, dedication, and remarkable efforts," he said.The role of Korean businesses and entrepreneurs in Germany was also highlighted. "Korean companies in Frankfurt and throughout Hesse are proving Korea's competitiveness in the automotive, electronics, finance, logistics, bio, and high-tech sectors," he stated.He emphasized that true corporate competitiveness is achieved when trust is built within the local community, stating, "You, who are building trust locally, are the core of Korea's competitiveness."President Lee noted the growing interest in Korea within German society, which has expanded from K-pop, films, and food to include the Korean language, study abroad, employment, and Korean companies and technology.He concluded by saying, "If businesses showcase Korea's capabilities and culture broadens the goodwill towards Korea, you can connect that capability and goodwill with strong trust. You are the true civilian diplomats."Joo Yoon-sun, president of the Korean Association in Southern Germany, welcomed the president, stating, "The Korean community in Germany is a collective where past dedication, present challenges, and future hopes are intertwined. I hope the president's visit will comfort the hearts of our community and strengthen our connection with our homeland."With the conclusion of the luncheon, President Lee wrapped up his official schedule, which included visits to San Francisco, Brazil, Chile, and Argentina, and began his journey back home.* This article has been translated by AI. 2026-08-02 21:32:20
  • President Lee Marks 60th Anniversary of Korean Nurses in Germany
    President Lee Marks 60th Anniversary of Korean Nurses in Germany President Lee Jae-myung met with the Korean community in Germany on August 2, promising, "I will ensure that your voices lead to real changes in policies and systems."During a luncheon held at a hotel in Frankfurt, he stated, "I will pay closer attention so that overseas Koreans, no matter where they are in the world, can believe that the government listens to their concerns and takes action."On his way back from a tour of San Francisco and three South American countries, President Lee, accompanied by First Lady Kim Hye-kyung, met with over 100 attendees, including Korean workers, businesspeople, and representatives from Korean associations and schools.He mentioned a survey of overseas Koreans' grievances conducted earlier this year, noting, "I have been informed that about 42 complaints have been received from Germany."He added, "There are likely many more, and I expect to hear a lot today. Some issues may be difficult to resolve immediately, but there are also those that can be addressed easily."Explaining the background of the meeting, President Lee said, "I had to refuel somewhere after my trip to South America, and I thought it would be inappropriate to just pass by. I considered where I needed to meet quickly, and it seems Frankfurt was the chosen location."He noted that official visits to Germany usually take him to Berlin, making it difficult to meet with the community, and expressed his desire to connect with overseas Koreans whenever possible.President Lee emphasized that this year marks the 60th anniversary of Korean nurses stepping foot at Frankfurt Airport in 1966.He remarked, "Korea and Germany have risen from the pains of war and division, astonishing the world with the economic miracles of the Rhine and the Han rivers. Your lives are reflected in that history."He acknowledged the contributions of those who dedicated their youth as miners and nurses, stating, "What they achieved is not just economic success; they showcased the diligence and responsibility of Koreans to German society and built trust in Korea."President Lee also expressed gratitude for the efforts of the first generation of overseas Koreans who established Korean language schools to pass on the language and culture to their children. He said, "Korean schools are spaces that connect generations and serve as a focal point for the community, and I express my deep respect and gratitude for their sacrifices, dedication, and remarkable efforts."He highlighted the role of Korean companies and businesspeople in Germany, stating, "Korean companies in Frankfurt and throughout Hesse are proving Korea's competitiveness in the automotive, electronics, finance, logistics, bio, and high-tech sectors."He emphasized, "The true competitiveness of a company is realized when it earns deep trust in the local community, and you, the overseas Koreans building that trust, are the core of Korea's competitiveness."Additionally, he noted that interest in Korean culture, starting from K-pop, films, dramas, and food, is expanding in German society to include the Korean language, studying abroad, employment, and Korean companies and technology.President Lee stated, "If companies showcase Korea's capabilities and culture broadens goodwill toward Korea, you can connect that capability and goodwill with strong trust. You are the true civilian diplomats."In her welcoming remarks, Jo Yoon-sun, president of the Korean Association in Southern Germany, said, "The Korean community in Germany is a collective where past dedication, present challenges, and future hopes are intertwined. I hope the president's visit will comfort the hearts of the community and strengthen the connection with our homeland."President Lee concluded the meeting with the Korean community, marking the end of his official schedule during his tour of the United States, Brazil, Chile, and Argentina, as he began his journey back home.* This article has been translated by AI. 2026-08-02 21:32:00
  • President Lee to Return to Office on August 3 to Address Real Estate and Stock Market Issues
    President Lee to Return to Office on August 3 to Address Real Estate and Stock Market Issues 이재명 대통령이 미국·남미 순방을 마치고 귀국하는 대로 청와대로 출근해 부동산 정책과 주식시장 등 국내 현안을 점검한다. 강유정 청와대 수석대변인은 2일(현지시간) 언론 공지를 통해 “이 대통령은 3일 남미 순방을 마치고 귀국하는 대로 청와대로 출근해 부동산 정책, 주식시장을 비롯한 국내 현안과 관련해 비공개 회의를 가질 예정”이라고 밝혔다. 이 대통령은 이날 귀국한 직후 부동산과 주식시장의 동향 및 정부 대응 상황을 보고받고 관련 대책을 논의할 것으로 보인다. 청와대는 이어 오는 4일부터 이틀간 부처별 업무보고를 진행한다. 4일 오후에는 산업통상부와 지식재산처, 기후에너지부·기상청, 원자력안전위원회가 업무보고에 나선다. 이어 고용노동부와 중소벤처기업부, 공정거래위원회가 주요 현안과 정책 추진 상황을 보고한다. 5일 오전에는 외교부·재외동포청과 통일부, 국방부·병무청·방위사업청, 국가보훈부의 업무보고가 진행된다. 외교·안보 부처들은 국제 정세와 한반도 상황, 국방·보훈 정책 등을 점검할 예정이다. 5일 오후에는 교육부와 국가교육위원회, 문화체육관광부·국가유산청이 업무보고를 한다. 이어 행정안전부·경찰청·소방청과 인사혁신처, 법무부·검찰청, 법제처, 국무조정실이 주요 국정 현안을 보고한다. 2026-08-02 21:28:00
  • OPEC+ to Increase Oil Production by 188,000 Barrels Daily Starting Next Month
    OPEC+ to Increase Oil Production by 188,000 Barrels Daily Starting Next Month The Organization of the Petroleum Exporting Countries (OPEC) and seven major oil-producing nations within the OPEC+ alliance have agreed to increase oil production by 188,000 barrels per day starting next month.According to Yonhap News Agency, the OPEC Secretariat announced that a video conference was held with representatives from Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman, where the decision was finalized.Previously, these countries had announced voluntary production cuts in April and November 2023, reducing output by 1.65 million barrels per day and 2.2 million barrels per day, respectively. The seven nations decided to adjust the voluntary production cuts announced in April 2023 by increasing output by 188,000 barrels per day to support the stability of the oil market.The new production adjustment will take effect in September. OPEC+ plans to hold regular monthly meetings to closely monitor the oil market situation, with the next meeting scheduled for September 6. 2026-08-02 21:08:00
  • Jung Cheong-rae Wins Narrowly Against Kim Min-seok in Democratic Party Primary
    Jung Cheong-rae Wins Narrowly Against Kim Min-seok in Democratic Party Primary In the Democratic Party's primary held on August 2 in the Busan, Ulsan, and Gyeongnam (Bulgyeong) region, candidate Jung Cheong-rae secured 25,189 votes, narrowly defeating Kim Min-seok, who received 23,675 votes. Jung's victory comes after he lost to Kim by a slim margin in the previous day's primary in the Chungcheong region.On this day, Jung garnered 4,054 votes in Ulsan, falling short of Kim's 4,337 votes. However, he outperformed Kim in Busan and Gyeongnam, where he received 10,345 and 10,790 votes, respectively, compared to Kim's 9,182 and 11,056 votes. Candidate Song Young-gil received a total of 5,129 votes, with 972 in Ulsan, 1,689 in Busan, and 2,468 in Gyeongnam.The primary, which included the regions where late former President Roh Moo-hyun was born and built his political base, sparked ongoing debates about who represents Roh's political legacy.During a joint speech in Changwon, Gyeongnam, Kim announced plans for grassroots politics, leveraging support from former Gyeongnam Governor Kim Kyung-soo. He stated, "To win the general and presidential elections in Gyeongnam, we need a political leader who can carry on the legacy of Roh Moo-hyun and Moon Jae-in," promising full support for Kim Kyung-soo.He emphasized his commitment to transforming Gyeongnam into a hub for party reform and artificial intelligence (AI) politics, while also appealing for support from party members in Busan by referencing former Presidents Roh and Moon.Jung targeted Kim, who had previously clashed with Roh over a potential unification with candidate Chung Mong-joon during the 16th presidential election. Jung remarked, "One day, Kim Min-seok flew to Chung Mong-joon. Our Roh Moo-hyun supporters remember that well," and criticized Kim for his past comments during Roh's legal troubles.Jung also hinted at his connection to Roh's legacy by mentioning that Kim Jeong-ok, the spouse of former Prime Minister Lee Hae-chan, is serving as his campaign chair.Song raised concerns about Jung's candidacy, questioning why he has remained silent while Jung has attacked the president through writer Yoo Si-min, who has distorted the president's intentions.After narrowly losing by 303 votes in the Chungcheong primary, Jung's victory by 1,514 votes in Bulgyeong marks a significant turnaround. However, analysts note that the close contests between the two candidates over two consecutive days have made predicting the election outcome increasingly difficult. Additionally, the lack of a candidate securing a majority in most regions suggests that preference voting may play a crucial role.The Democratic Party plans to hold primaries in Jeju and Incheon on August 8, in Gangwon, Daegu, and Gyeongbuk on August 9, in Jeonnam, Gwangju, and Jeonbuk on August 15, and in Seoul and Gyeonggi on August 16, before convening a national convention on August 17 to elect a new party leader.* This article has been translated by AI. 2026-08-02 20:20:00