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  • Ahmadinejads Ambitions for Power and Relations with Israel
    Ahmadinejad's Ambitions for Power and Relations with Israel Mahmoud Ahmadinejad, the former president of Iran, who recently appeared at the funeral of former Supreme Leader Ayatollah Ali Khamenei, harbored ambitions to return to power with the help of foreign forces, according to a report by The New York Times on July 13. Ahmadinejad reportedly envisioned a reform agenda that included normalizing relations with Israel if he were to regain the presidency. This news follows a report two months ago that revealed attempts by the U.S. and Israel to reinstate Ahmadinejad in Iran's leadership.According to the newspaper, Israel's outreach to Ahmadinejad began in 2024 during a climate change conference at Hungary's Ludovika Public Service University. The Hungarian government had requested this event to facilitate a secret meeting between Ahmadinejad and agents from Israel's Mossad intelligence agency in Budapest. Gergely Deli, the university's president, stated in an interview with NYT, "If two enemies want to talk, the best way is to facilitate that conversation." During this meeting, David Barnea, the head of Mossad, personally traveled to Hungary to meet with Ahmadinejad.Following this, Israel decided to support a regime change centered around Ahmadinejad. Reports indicate that Israel secretly provided him with housing and travel expenses, and Israeli agents met with him abroad, including in Budapest. On February 28, the day of an Israeli airstrike, an operation was executed to rescue him from house arrest, which was under the surveillance of the Islamic Revolutionary Guard Corps. Four senior Iranian officials reported that after the airstrike on his home, a black Peugeot vehicle driven by Mossad agents picked up Ahmadinejad and sped away. However, Ahmadinejad expressed displeasure with both the operation and Israel's plans to restore him to power.Given Ahmadinejad's past, his communication with Israel seems unlikely. During his presidency, he made inflammatory statements, claiming that the U.S. orchestrated the 9/11 attacks to support Israel and called for Israel to be "wiped off the map." He also violently suppressed protests against his re-election in 2009.Abdolreza Davari, a close aide to Ahmadinejad, analyzed that his desire for power led to his communication with Israel. After being rejected in three presidential bids, Ahmadinejad became disillusioned with the current theocratic regime led by clerics and sought to become Iran's future leader with foreign assistance, according to NYT. Davari stated, "Ahmadinejad has money and a vast economic network. What he wanted was power."Ahmadinejad also compared himself to former Russian President Boris Yeltsin, who led reforms and openness during the dissolution of the Soviet Union in the 1990s. He indicated that if he were to return to power, he would recognize Israel as a state and normalize relations with Israel as part of the Abraham Accords signed by President Donald Trump with Middle Eastern countries.Before his contacts with Israel through Hungary, Ahmadinejad attended an environmental conference in Guatemala in 2023, noted for being a pro-Israel country in Latin America. At that time, he faced difficulties at Tehran airport, where security authorities initially denied him a boarding pass, leading to a several-hour standoff before he could depart.After the failed Israeli operation to reinstate him, Ahmadinejad reportedly returned to house arrest. He was seen on July 6 at Khamenei's funeral in Tehran, where he walked among mourners, lowering his mask and keeping his head down. Iranian news outlet IranWire commented that Ahmadinejad's attendance at the funeral reflects a complex survival strategy among marginalized elites navigating an unstable transition under a new regime. Former presidents Hassan Rouhani and Mohammad Khatami were not invited to the event, according to NYT. 2026-07-14 05:04:00
  • KOSPI Falls Below 7000 Amid Semiconductor Plunge, Dropping 6.7%
    KOSPI Falls Below 7000 Amid Semiconductor Plunge, Dropping 6.7% KOSPI Drops Below 7000 as Semiconductor Stocks PlummetDomestic stock markets experienced a sharp decline, primarily driven by a sell-off in semiconductor shares. The KOSPI index fell below the 7000 mark, while the KOSDAQ dropped more than 3%.According to the Korea Exchange, as of 12:40 PM on July 13, the KOSPI was down 497.57 points (-6.66%) at 6978.37.In the securities market, individual investors made a net purchase of 2.21 trillion won, engaging in bargain buying. However, foreign and institutional investors sold off 1.78 trillion won and 509.7 billion won, respectively, contributing to the index's decline.Major stocks saw significant losses, particularly in the semiconductor sector. Samsung Electro-Mechanics fell 16.92%, SK Square dropped 14.62%, SK Hynix was down 12.02%, Samsung Electronics decreased by 7.37%, Samsung C&T fell 6.64%, and Samsung Life Insurance dropped 6.02%. Hyundai Motor also saw a decline of 1.31%.Government to Establish Future Response Fund for Economic GrowthThe government announced plans to establish a 'Future Response Fund' utilizing additional tax revenue generated from the semiconductor boom. This fund will focus on investments in four key areas: future development, youth, local economies, and education, aiming to enhance economic growth potential.President Lee Jae-myung mentioned the Future Response Fund during a national fiscal strategy meeting at the Blue House on July 13, emphasizing it as one of three principles for fiscal management in his second year of governance, under the vision of 'Irreplaceable Korea.' This meeting marked the first comprehensive discussion on fiscal management since the current administration took office, with a particular focus on additional tax revenue.The government plans to create a special law to define 'additional tax revenue' instead of 'excess tax revenue' as stipulated in the National Finance Act, allocating these funds for local balanced development and youth policies. A related committee within the Democratic Party is expected to be established, with specific plans to be revealed around the end of August when the budget for the next year is being prepared.President Lee stated, "This additional tax revenue will be a valuable resource during a critical time for global AI dominance. To enhance economic growth potential and ensure that benefits are returned to all citizens, a strategic investment platform that guarantees bold and sustained investments is necessary."Long-Term Treatment Costs Concentrated Among Auto Accident PatientsIt has been revealed that treatment costs for auto accident patients are disproportionately concentrated among those requiring long-term care. Among patients who only received traditional Korean medicine, about 10% exceeded eight weeks of treatment, yet they accounted for over half of the total treatment costs.According to the insurance industry on July 13, an analysis of auto insurance claims from major insurers, including Samsung Fire & Marine Insurance, DB Insurance, Hyundai Marine & Fire Insurance, and KB Insurance, found that there were 1.226 million patients with mild injuries such as neck and back strains last year. Of these, 1.085 million (88.5%) completed treatment within eight weeks, while 141,000 patients (11.5%) required treatment beyond that period.The share of treatment costs for long-term patients was significantly higher than their patient numbers. Of the total treatment costs of 998.65 billion won for mild injury patients, 369.03 billion won (37.0%) was allocated to those treated for more than eight weeks, indicating that while they represented only 10% of patients, they received over one-third of the treatment costs.Ruling Party and Government Discuss Economic Growth StrategiesThe Democratic Party and the government have reached a consensus on accelerating economic growth strategies for the second half of the year, focusing on the 'three mega projects' and the Future Response Fund based on excess semiconductor tax revenue.On July 13, a meeting was held at the National Assembly to discuss the '2026 Second Half Economic Growth Strategy,' as President Lee aims to make 2026 a year of significant economic advancement.The Democratic Party pledged strong legislative and policy support for the three mega projects announced by President Lee.Acting Party Leader Han Byung-do stated that the party would process the Mega Special Zone Act by the end of the year, emphasizing, "We have established a special committee at the party level, and we will robustly support legislation and budgets. Under the principle of a united party and government, we will take extraordinary measures to ensure economic responsibility."Education Budget Increases Despite Declining Student Enrollment"While the number of students in classrooms is decreasing, the budget continues to grow." This paradox is a significant challenge facing South Korea's education finance system. A report released by the National Assembly Budget Office on July 10, analyzing the '2025 Fiscal Year Settlement by Committee (Education and Culture Committees),' starkly illustrates this contradiction.The local education finance grants are budgets provided by the national government to support local governments in establishing and managing educational institutions and administrative bodies to promote balanced educational development. These grants are determined based on domestic tax and education tax revenues, and they are now at odds with the declining student population, raising calls for fundamental reform.Local education finance grants are distributed to provincial and city education offices and are used in early childhood, primary, and secondary education. The issue lies in the fact that the key indicator for calculating these grants, the number of students in early childhood, primary, and secondary education, continues to decline.According to the report, from 2016 to 2026, the total number of students is projected to decrease by 15%, reflecting a clear annual decline rate of 1.6%. However, the basic infrastructure in educational settings has been increasing. During the same period, the number of schools and classes increased by 2.5% and 0.2% annually, respectively, while the number of teachers also rose by 5%, with an average annual increase of 0.5%.SK Hynix Accelerates AI Semiconductor Talent AcquisitionSK Hynix is ramping up its global talent acquisition process to enhance its artificial intelligence (AI) semiconductor technology capabilities, leveraging its recent listing on the Nasdaq. The company aims to attract top talent by offering competitive compensation packages comparable to major tech firms like Nvidia, AMD, and Intel.As of July 13, industry sources indicate that SK Hynix has begun restructuring its hiring practices through its U.S. subsidiary, SK Hynix America, to facilitate the recruitment of global talent. The company plans to offer stock options and performance-based restricted stock units (RSUs) as key incentives to attract core engineers from Silicon Valley.SK Group Chairman Chey Tae-won also expressed his commitment to talent acquisition shortly after the listing, stating, "Compensation based on Nasdaq-listed stock will be the most intuitive and powerful incentive for global tech talent."* This article has been translated by AI. 2026-07-13 21:44:00
  • Houthi Rebels Claim Saudi Airstrikes on Yemens Capital Airport
    Houthi Rebels Claim Saudi Airstrikes on Yemen's Capital Airport The Iran-aligned Houthi rebels have claimed that Saudi Arabia conducted multiple airstrikes on the international airport in Yemen's capital, Sanaa.On July 13, Yahya Saree, a spokesperson for the Houthis, stated via Telegram, "Saudi Arabia has bombed Sanaa airport," adding that "the phase of de-escalation has ended."Saree warned, "This act of aggression will not go unpunished, and we will retaliate." Reports indicate that the airstrikes targeted the runway and taxiways at Sanaa airport, prompting evacuation orders in the surrounding areas.In contrast, the Yemeni government, which opposes the Houthis, denied the claims of Saudi involvement, asserting that the airstrikes were conducted by their forces. They explained that the strikes aimed to prevent Iranian aircraft from landing in support of the Houthis.The Yemeni Ministry of Defense stated, "The Houthi terrorist group, supported by the Iranian regime, attempted to allow Iranian aircraft to land while blocking Yemeni national flights at Sanaa airport. Consequently, we targeted the airport's runway."Yemen has been embroiled in a civil war for several years, with a Saudi-led coalition fighting against the Iran-backed Houthi rebels who control the north.* This article has been translated by AI. 2026-07-13 21:36:00
  • Ebola Cases in Democratic Republic of Congo Reach 2,000 with 700 Deaths
    Ebola Cases in Democratic Republic of Congo Reach 2,000 with 700 Deaths More than 700 people have died from Ebola virus infections in the Democratic Republic of Congo. The outbreak is expanding, raising concerns about further spread.According to Yonhap News Agency, as of July 11, the cumulative number of confirmed Ebola cases has reached 1,976.The death toll increased by 102 in just four days, rising from 600 reported on July 7. The fatality rate stands at 36.4%. So far, 318 patients have been declared cured, and the tracking rate for those who came into contact with confirmed cases is at 78.3%.The Congolese Ministry of Health announced that the provinces of Ituri and Haut-Uele have been officially added to the list of Ebola outbreak areas. This brings the total number of confirmed Ebola regions to five. The new cases in these provinces are believed to have originated from the northeastern Ituri province, which is considered the epicenter of the outbreak. Reports indicate that two people have died from Ebola in Haut-Uele and one in Ituri.Internationally, confirmed cases continue to emerge. An American aid worker active in the Democratic Republic of Congo tested positive for Ebola on July 10 and was transferred to a hospital in Frankfurt, Germany. The patient, in their 60s, worked as a warehouse manager for the Christian aid organization Samaritan's Purse. Their condition is reported to be stable.Earlier, at the end of May, a surgeon from an American medical missionary organization who was working in the Democratic Republic of Congo contracted Ebola and was treated at Charité University Hospital in Berlin. That patient was discharged after recovering last month.* This article has been translated by AI. 2026-07-13 20:52:00
  • Court Denies Bail for Kim Dae-ki Amid Allegations of Budget Misuse
    Court Denies Bail for Kim Dae-ki Amid Allegations of Budget Misuse Kim Dae-ki, the former chief of staff to President Yoon Suk Yeol, requested to be tried without detention but was denied bail by the court due to concerns over potential evidence tampering.According to Yonhap News on July 13, the Seoul Central District Court's Criminal Division 36, led by Judge Lee Jeong-yeop, rejected Kim's bail application, which was based on charges of abuse of power and obstruction of justice.The court determined that Kim fell under the legal restrictions for bail due to the risk of destroying evidence. It assessed that proceeding with the trial while he remained free could impact the collection of evidence, considering testimonies and materials related to the main allegations.During the bail hearing, Kim argued, "The Yoon Suk Yeol administration has collapsed and is no longer in a position to exert influence," denying the possibility of evidence tampering. However, the court appeared to conclude that the nature of the case warranted a consideration of evidence destruction risks, independent of any changes in Kim's social influence.Kim faces allegations of directing the illegal diversion and execution of 2.09 billion won from the Ministry of Interior's budget to pay an unqualified contractor, 21 Gram, during the relocation of the presidential residence in 2022.At the time, the budget allocated for interior work was 1.44 billion won, but 21 Gram submitted an estimate of approximately 4.12 billion won for the interior costs. Investigations revealed that the presidential office proceeded with the work without verifying or adjusting the inflated estimate, which was three times the original plan.The second special prosecutor's team, led by Kwon Chang-young, reported that the presidential office pressured the Ministry of Interior to illegally execute the increased construction costs, leading to Kim and three others being indicted in June.* This article has been translated by AI. 2026-07-13 20:00:00
  • Internal Conflict Escalates Over Human Rights Commissions Recommendation on Yoons Defense Rights
    Internal Conflict Escalates Over Human Rights Commission's Recommendation on Yoon's Defense Rights The National Human Rights Commission is facing escalating internal conflict over whether to revoke its recommendation from last year that guaranteed defense rights for Yoon Suk Yeol during his impeachment trial. Progressive commissioners are demanding an apology and the revocation of the previous decision, while conservative members argue that revisiting a concluded matter undermines the commission's independence and legal stability.According to Yonhap News on July 13, the commission discussed a motion titled 'Revocation of the Recommendation on President Yoon Suk Yeol's Defense Rights and Public Apology' during its 13th plenary session, which was jointly proposed by five members, including permanent commissioners Lee Sook-jin and Oh Young-geun, as well as non-permanent members So Ra-mi, Oh Wan-ho, and Jo Suk-hyun.The motion aims to reassess and revoke the commission's recommendation made in February last year, which stated that due process and defense rights should be guaranteed during Yoon's impeachment trial.On February 10, 2025, the commission voted 6-4 in favor of a motion asserting the need to ensure due process and defense rights for the former president during the impeachment proceedings.During the recent meeting, the divisions among commissioners regarding the previous decision were evident. Conservative members contended that it is inappropriate to revoke a decision that was made and executed through proper procedures. Non-permanent member Han Seok-hoon stated, 'The decision was made lawfully, and the recommendation has been executed, so it cannot lose its effect retroactively; thus, a new vote would be invalid.'Non-permanent member Kang Jeong-hye also pointed out that re-evaluating the same issue could undermine legal stability and trust, violating the principle of non bis in idem.They particularly criticized the push to revoke the recommendation after the replacement of commissioners who had supported the original decision, labeling it as 'political coercion.'In contrast, the progressive commissioners who proposed the revocation argued that the previous judgment by the commission compromised its independence and political neutrality and must be corrected.Lee Sook-jin emphasized, 'It is the responsibility of the human rights commissioners to rectify the (incorrect) motion they voted on,' describing it as a discussion of 'rectifying past mistakes.'Non-permanent member Jo Suk-hyun stressed, 'This is not about expressing opinions to the Constitutional Court again, but rather evaluating whether the past decision harmed the commission's independence and political neutrality and correcting the mistakes.'Non-permanent member Oh Wan-ho argued that the commission, which should hold accountable those infringing on citizens' rights, instead appeared to be defending them, highlighting the need for re-evaluation.After approximately two and a half hours of discussion, the chairperson decided not to present the motion for a vote at the plenary session. The chairperson stated, 'The matter is significant and requires legal review,' adding that it would not be presented today and would be discussed later.* This article has been translated by AI. 2026-07-13 19:36:00
  • JTBC Addresses Claims from Central Group Bondholders Legal Team
    JTBC Addresses Claims from Central Group Bondholders' Legal Team JTBC has responded to claims made by the Central Group bondholders' legal team. On July 13, JTBC stated, "We would like to express our sincere apologies to bond investors for any concerns we have caused," regarding the assertions made during a press conference by the legal team. The network explained its issuance of 40 billion won in new capital securities just before the financial closing, stating, "We appropriately disclosed our financial situation in accordance with corporate accounting standards and complied with capital market laws regarding the issuance of new capital securities and the execution of new capital loans." JTBC also clarified its loan to Studio Aye Central, saying, "The 33 billion won loan to Studio Aye Central, a wholly-owned subsidiary producing JTBC's entertainment programs, was necessary for the production costs of these programs, amounting to 13 billion won." Furthermore, it emphasized, "The remaining 20 billion won was converted into a loan for the asset-backed securities issued by Studio Aye Central through JTBC's debt guarantee, meaning that actual funds were not drained." JTBC acknowledged its "heavy sense of responsibility" and added, "We will make every effort to protect investors' rights by maintaining open communication with them." Previously, on June 12, JTBC declared a default after failing to repay 20.6 billion won in asset-backed borrowings. Following this, JTBC and other major affiliates of Central Group applied for rehabilitation procedures. This situation has led to ongoing controversies, including delays in payments for major entertainment program fees and rebroadcasting fees. On June 30, the Seoul Bankruptcy Court approved a self-restructuring program to support voluntary restructuring between JTBC and its creditors. The court also decided to initiate rehabilitation procedures for the remaining four affiliates.* This article has been translated by AI. 2026-07-13 19:24:00
  • Supreme Court Rules Public Employees Must Be Paid for Overtime Under One Hour
    Supreme Court Rules Public Employees Must Be Paid for Overtime Under One Hour The Supreme Court has ruled that public employees who work in essential services must be compensated for overtime, even if it is less than one hour per day. This decision indicates that the government's internal guideline of requiring 'more than one hour of overtime per day' exceeds the scope of higher legal provisions.According to Yonhap News on July 13, the Supreme Court's third division, led by Justice Oh Seok-jun, confirmed a partial victory for public employee A and others in their wage claim lawsuit against the state.A and others, who are public employees under the Korea Post, have been classified as essential service workers, performing duties even on weekends and holidays.Current regulations regarding public employee allowances state that essential service workers are to be compensated based on actual overtime hours worked. However, the government has included only those who work more than one hour of overtime in its compensation calculations, according to its internal guidelines.A and others filed a lawsuit in March 2023, claiming they were denied some overtime pay due to this standard.The first trial ruled against A and others, stating they were classified as essential service workers with separately defined working hours and days. However, the second trial accepted A's preliminary claim, stating that the 'one-hour per day standard' in the guidelines exceeded the delegation of higher legal provisions.As a result, A is set to receive an additional payment of approximately 24,640 won for unpaid overtime from January 2022.The Supreme Court echoed this judgment, stating, 'The internal guidelines impose additional restrictions on the scope of overtime pay that essential service workers are entitled to, despite lacking delegation from the higher legal provisions.' It added that these guidelines exceed the limits of the higher law and are therefore ineffective.The Supreme Court noted that considering the nature of essential service workers' duties, the existing standard could adversely affect the calculation of their allowances.Essential service workers already have meal and break times deducted when calculating monthly overtime hours. If overtime of less than one hour is excluded separately, it could lead to a 'double deduction' issue, where actual working hours are undercounted.Furthermore, the Supreme Court pointed out that while general public employees are compensated for the one-hour deduction through fixed overtime allowances, essential service workers lack similar compensatory measures, potentially placing them at a relative disadvantage.* This article has been translated by AI. 2026-07-13 19:20:00
  • Korean Football Association to Revise 60-Day Election Rule
    Korean Football Association to Revise 60-Day Election Rule The Korean Football Association is expected to revise its regulation requiring the election of a new president within 60 days of a vacancy. This change reflects the K-Football Innovation Committee's commitment to restoring fan trust through a new electoral system that allows for adequate preparation time.Park Ji-sung, chair of the K-Football Innovation Committee, spoke to reporters after the committee's second meeting at the National Museum of Modern and Contemporary Art in Jongno, Seoul, on July 13. He stated, "The Korean Sports Council plans to amend the regulations that require member organizations to elect a new president within 60 days of a vacancy. We will support extending the election deadline in cases of unavoidable circumstances." According to current Sports Council regulations, if a member organization’s president position becomes vacant, a new president must be elected within 60 days. However, the Innovation Committee believes that the existing rules do not provide sufficient time for a fundamental reform of the Football Association's governance and electoral system. The Sports Council plans to initiate the regulatory amendment process on July 14 and aims to complete it by the end of the month.This initiative is part of the consensus reached during the first meeting of the K-Football Innovation Committee on July 6, which focused on reforming the governance of the Football Association. The committee is discussing broader measures to allow more football stakeholders to participate in elections. Park emphasized, "This action is not just for the Football Association. It considers the situations of various sports organizations, such as water skiing, jiu-jitsu, modern pentathlon, and hockey, which have faced difficulties due to prolonged vacancies exceeding 60 days." The Football Association is also aligning with the Sports Council's efforts by planning to amend its bylaws and develop proposals for electoral system improvements for in-depth discussion at the next meeting.Regarding the potential expansion of the electoral body and the introduction of direct elections, the committee expressed a cautious stance, prioritizing the establishment of a solid institutional foundation. Park stated, "Simply changing the electoral body does not guarantee a proper election. We must first create a foundation for conducting elections effectively. There will come a time when we need to adjust alongside other sports organizations in line with the Sports Council's broader electoral body composition." He added, "A proper environment must be established to conduct a legitimate election, which will help select a capable president. It is clear that the next election will not proceed in the same manner as the previous Football Association presidential election. Many people have lost trust in the process, and if a president emerges from a more trustworthy environment, they will be better positioned to lead the Football Association." On the topic of appointing the next national team coach, Park stated, "There have been no discussions on this matter. The appointment of a coach must follow proper procedures within the Football Association. If the Innovation Committee can assist in discussing procedures or systems, we are open to that." He also mentioned that the Innovation Committee plans to sequentially review additional issues, such as youth player development, to establish a sustainable vision for K-Football.Regarding speculation about attending a parliamentary hearing, Park dismissed the idea, stating, "I will not attend because I have nothing to contribute regarding the internal operations of the Football Association." According to reports, the National Assembly's Culture, Sports and Tourism Committee is set to hold a so-called 'World Cup hearing' on July 22 to examine issues related to the Football Association, including the procedures for appointing the national team coach.* This article has been translated by AI. 2026-07-13 19:16:00
  • Illegal Structures Along Rivers and Valleys Surge from 835 to 90,000 Nationwide
    Illegal Structures Along Rivers and Valleys Surge from 835 to 90,000 Nationwide The Blue House has revealed that a nationwide survey of illegal structures along rivers and valleys has uncovered over 90,000 cases, significantly more than the 800 previously reported by the government. Evidence of collusion between public officials and merchants has also emerged, prompting plans for further investigation.Kim Tae-geun, the Blue House Secretary for Local Development, stated during a YouTube broadcast on July 13 that the comprehensive survey identified approximately 90,000 illegal structures occupying public land.In February, the Ministry of the Interior and Safety reported to President Lee Jae-myung that there were 835 illegal structures nationwide. However, President Lee deemed the investigation flawed and ordered a reinvestigation, which revealed a substantial discrepancy in the findings.When asked by the host whether there was negligence on the part of public officials or collusion with merchants, Kim acknowledged, "Unfortunately, this is a part we must recognize." He added that the prolonged neglect of illegal structures could be attributed to inadequate administrative oversight or collusion with merchants, stating, "We plan to refer cases of confirmed collusion for investigation."Kim also noted that some public officials may have felt intimidated due to significant friction with merchants during the enforcement process.Among the identified illegal structures, 3,156 are commercial establishments, with 1,149 (36.4%) having been rectified. Of the approximately 78,000 illegal structures not used for commercial purposes, 17% have been addressed.With the grace period for compliance now over, the Blue House plans to continue rectifying illegal structures under a zero-tolerance policy. The areas cleared will be developed into public facilities such as restrooms and parking lots by local governments and the central government.Kim emphasized, "If we leave the cleared spaces as they are, there may be renewed greed. It is crucial to transform these areas into spaces that residents and citizens can utilize."* This article has been translated by AI. 2026-07-13 19:08:00