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  • Han Byeong-do: People Power Party is politicizing real estate issues
    Han Byeong-do: People Power Party is politicizing real estate issues Han Byeong-do, the acting leader of the Democratic Party, criticized the People Power Party for politicizing real estate issues.During a policy meeting held on August 10 at the National Assembly, Han stated, The People Power Party, which was the ruling party during the Yoon Suk Yeol administration, has wasted three years yet shamelessly blames others.He added, Due to the People Power Partys obstruction, the follow-up legislation for housing supply announced by the government last September is stuck in the National Assembly. What is it that they are opposing that directly impacts peoples livelihoods and housing stability? He emphasized that we cannot design housing policies that meet the publics expectations through mere verbal political strife.Han also mentioned, President Lee Jae-myung has called for a comprehensive review of the ISA reform plan and the stock price stabilization law, questioning, Is the People Power Party suggesting that we should continue with policies once decided, despite public criticism?He asserted, Even if the policy objectives are correct, if different outcomes are expected in peoples lives and the market, it is our duty to promptly reassess and prepare better alternatives. We will not repeat the arrogance and disconnect represented by the relocation of the presidential office to Yongsan and the Yoon Suk Yeol-style politics. He particularly stressed, We will become a ruling party that listens to the voices of the people and responds swiftly.* This article has been translated by AI. August 10, 2026 10:
  • Defense Minister Faces Backlash for Quoting Mao Zedong
    Defense Minister Faces Backlash for Quoting Mao Zedong Ahn Gyu-baek, the Minister of National Defense, has sparked controversy after quoting Mao Zedong during a speech at the Air Force Academy. Ahn referred to Maos saying, To remain unperturbed in the face of changing circumstances, as his personal motto, which has drawn criticism for its inappropriateness given Maos role as the leader of China during the Korean War.The backlash intensified as critics pointed out that quoting the leader of a nation that was an adversary during the Korean War, and a key figure in the division of the Korean Peninsula, was highly inappropriate in front of future military leaders. Ahns comments have raised questions about his understanding of national security and historical context.In response to the growing criticism, the Ministry of National Defense clarified that Ahns remarks were intended as a philosophical metaphor about responding to changing situations, and not an endorsement of any political figure or ideology. However, many within the military and the public have expressed skepticism, labeling the use of Maos words as a significant breach of decorum for a public official.The incident has also led to a reevaluation of Ahns qualifications and expertise. Born in 1961, Ahn served in the Army as a defense personnel before entering politics in 1987 with the Peace Democratic Party. He has since held various roles, including serving as a reporter for the partys political journal and later as a member of the National Assembly, where he has been involved in defense legislation and policy.Online commentators have criticized Ahn for lacking the basic security awareness expected of someone in his position, suggesting that the administration that appointed him shares responsibility for his remarks. Some have questioned how Ahn, with limited professional experience outside of political activity, rose to such a significant role in national defense. The recent comments come amid growing discontent among military cadets and personnel regarding the proposed integration of military academies, leading to calls for Ahns resignation and further scrutiny of the militarys protocol and oversight systems.* This article has been translated by AI. August 10, 2026 09:
  • Song Young-gil: Jeong Cheong-raes Self-Politics Creates Conflict with the Party
    Song Young-gil: Jeong Cheong-rae's Self-Politics Creates Conflict with the Party Song Young-gil, a candidate for the leadership of the Democratic Party, stated on August 10 that the core of the conflict between the party and the government is Jeong Cheong-raes self-politics, urging Jeong to withdraw from the party convention to ensure the success of the Lee Jae-myung administration. He also suggested that candidates should consider issuing a joint statement opposing Shincheonjis involvement in the party convention to address allegations surrounding the group.During an appearance on the YouTube channel Kim Eo-juns Humility is Difficult News Factory, Song remarked, While different leadership styles are needed at various times, we do not need Jeong Cheong-raes self-serving leadership now. Why is a candidate with a poor relationship with President Lee seeking re-election?Song specifically claimed that if Jeong were to win the party leadership in this convention, it would lead to a lame duck situation for President Lee, stating, Isnt it true that figures from the People Power Party, such as Representative Jang Dong-hyuk and lawmakers Kwon Young-se and Ahn Cheol-soo, support Jeong because they want President Lee to become a lame duck?Regarding the allegations raised by candidate Kim Min-seok about Shincheonji, Song acknowledged, There are suspicions that they may not have refrained from approaching the Democratic Party, but added, All candidates should oppose Shincheonjis involvement through a joint statement and discuss follow-up measures after the investigation results are announced by the joint investigation headquarters.Furthermore, Song explained his motivation for running for party leadership, stating, We must protect Lee Jae-myung, the second Roh Moo-hyun, and emphasized the need for a competent party leader to present the right policy direction to President Lee.He expressed a sense of urgency, saying, I decided to run with the determination to complement the shortcomings of the Lee Jae-myung administration and make it a successful government, and stressed, Now is the time for judicial reform after completing prosecutorial reform. It is time to impeach Chief Justice Cho Hee-dae, adding that if he becomes party leader, he would convene a general meeting to vote on the impeachment motion against Cho.* This article has been translated by AI. August 10, 2026 09:
  • Kim Min-seok Secures Second Victory Over Jeong Cheong-rae in Jeju and Incheon
    Kim Min-seok Secures Second Victory Over Jeong Cheong-rae in Jeju and Incheon In the Democratic Partys regional primary held on August 8, Kim Min-seok emerged victorious, receiving 22,537 votes, surpassing Jeong Cheong-rae, who garnered 19,862 votes. This win marks Kims success in all regions except for the Busan, Ulsan, and Gyeongnam area, where the primary took place on August 1.During the primary held at the Incheon Namdong Gymnasium, Kim led the voting, securing 8,742 votes in Jeju and 13,795 votes in Incheon, while Jeong received 6,625 votes in Jeju and 13,237 votes in Incheon. Song Young-gil received a total of 4,799 votes, with 1,240 in Jeju and 3,559 in Incheon.Before the announcement of the primary results, the candidates presented their platforms at a joint speech event at the Incheon Namdong Gymnasium, aiming to win over party supporters.Jeong continued to challenge Kim during the joint speech, stating, The essence of this convention is to judge a candidate who has divided the party and caused distress among members through baseless allegations of factionalism and conspiracy. He demanded an apology from Kim for allegedly putting the party in jeopardy.Song reiterated his commitment to judicial reform, emphasizing the need to impeach Chief Justice Cho Hee-dae. He criticized Jeong, saying, The need now is to impeach Chief Justice Cho. Jeong, who has passed reforms in prosecutorial and criminal procedure laws, does not need to be re-elected. Even a bone soup loses its flavor after being boiled three times.In contrast, Kim appealed for support with tailored promises for the Incheon area, stating, As we face challenges in regions like Incheon’s old downtown, we need strategies to overcome these issues. Incheon, aspiring to be a global metropolis, deserves to be treated with respect. He declared, I will usher in an era of local-led politics to support local growth and create a platform for collaboration among the central government, Incheon City, the National Assembly, and the Incheon City Council to seek development for Incheon.* This article has been translated by AI. August 8, 2026 19:1
  • New U.S. envoy meets Seouls national security adviser
    New U.S. envoy meets Seoul's national security adviser SEOUL, August 07 (AJP) -South Korean national security adviser Wi Sung-lac met United States Ambassador Michelle Steel on Aug. 4 in their first encounter since she took up the post in Seoul last month, the presidential office confirmed Friday. The two exchanged greetings and views on ways to advance the alliance, according to the office. Wi heads the National Security Office, the body inside the presidential compound that coordinates foreign policy, defense and intelligence for President Lee Jae Myung. The meeting was arranged as an introductory call rather than a negotiating session. It came the same day Steel submitted a copy of her credentials to the Ministry of Foreign Affairs and paid a courtesy call on Foreign Minister Cho Hyun. An incoming envoy cannot begin official work in South Korea until that copy reaches the ministry's chief of protocol. The original goes to the president in a separate ceremony that completes the accreditation, and no date has been set for Steel's. Wi is a career diplomat, and he is understood to have had dealings with Steel before her posting, when she served on a White House advisory commission for Asian Americans and Pacific Islanders and later in Congress. Neither side has given details of that earlier contact. Steel landed at Incheon International Airport on July 30, ending a vacancy of about 18 months at the top of the American mission. She is the first ambassador to Seoul named by President Donald Trump in his second term and the second Korean American to hold the post, after Sung Kim and was by the Senate on June 17. Born in Seoul in 1955 under the Korean name Park Eun-joo, Steel is the daughter of parents who fled North Korea during the Korean War. She grew up in Japan and moved to the United States in 1975. English, she told her Senate confirmation hearing in May, is her third language. She holds a degree from Pepperdine University and an MBA from the University of Southern California. She entered politics after the 1992 Los Angeles riots, which she has said exposed how little weight the Korean American community carried in mainstream American politics. AJP Takeaways South Korean national security adviser Wi Sung-lac met United States Ambassador Michelle Steel on Aug. 4, 2026, in their first meeting since Steel arrived in Seoul. Michelle Steel arrived in South Korea on July 30, 2026, ending a vacancy of about 18 months at the top of the United States mission in Seoul. Michelle Steel is the second Korean American to serve as United States ambassador to South Korea, after Sung Kim, and the first woman of Korean descent in the post. The United States Senate confirmed Michelle Steel as ambassador to South Korea on June 17, 2026. Michelle Steel served in the United States House of Representatives from 2021 to 2025 for California's 48th and 45th districts, losing her 2024 re-election bid to Democrat Derek Tran by about 600 votes. Michelle Steel told her Senate confirmation hearing in May 2026 that she would press South Korea on market access for American companies, South Korea's $350 billion investment commitment in the United States, and non-tariff barriers on American farm goods. August 7, 2026 13:5
  • Opposition Criticizes Gyeonggi Provinces Financial Emergency Declaration
    Opposition Criticizes Gyeonggi Province's Financial Emergency Declaration Choo Mi-ae, the Governor of Gyeonggi Province, has declared a financial emergency in the region, prompting a barrage of criticism from opposition parties directed at President Lee Jae-myung and the Democratic Party.Jang Dong-hyuk, leader of the People Power Party, stated on Facebook on August 6, Looking at Gyeonggi Province today, we can see the future of South Korea, adding, After eight years of Democratic Party governance, the finances have been completely depleted. The main culprit is former Governor Lee Jae-myung.He criticized Lee for increasing welfare and distributing funds without any plans, saying, As a result of running the province irresponsibly to favor his allies, the scale of money distribution has grown significantly since he became president, with no end in sight for using taxpayer money to benefit his supporters.Jang also noted, Next years budget is said to be the largest ever. He keeps calling for supplementary budgets at every opportunity, asserting that removing the Lee Jae-myung administration is the way to secure South Koreas future.Na Kyung-won, a member of the National Assembly, also took to Facebook to say, Governor Choos declaration of financial ruin in Gyeonggi Province is a prediction of the national bankruptcy that President Lee will bring about, criticizing that during the eight years of the Democratic Partys governance, the provinces debt surged from 1 trillion won to 7 trillion won, with local bonds reaching 99.6% of their limit.Na pointed out, The fake welfare budget has skyrocketed to 17.3 trillion won, and of this years budget of 41.7 trillion won, only 3.5 trillion won can be used at the provinces discretion, calling it a foreseen catastrophe resulting from the irresponsible spending policies of the Democratic Party.She further stated, The Lee Jae-myung and Kim Dong-yeon administrations have repeatedly engaged in cash distribution politics, pouring 4.1957 trillion won into the economy while filling the budget gaps with various funds and local bonds, effectively leading Gyeonggi Province to a structural financial collapse, assessing that the province is essentially in a state of default.Na referenced the experiences of Gyeonggi Province and Seongnam City, where Lee previously served, both of which faced moratoriums and de facto bankruptcies, emphasizing, This overlaps with the future bankruptcy of South Korea. The Lee Jae-myung administration has gone too far; the publics mandate is to expedite its bankruptcy process.Lee Jun-seok, leader of the Reform Party, expressed on Facebook the previous day, While Gyeonggi Province can reach out to the central government in times of difficulty, the country has no one to turn to, warning that the financial crisis in Gyeonggi Province is just a preview. He added, I do not want to hear the same words in South Korea four years from now.According to Lee, the debt of Gyeonggi Province increased most sharply in 2021, the last year Lee Jae-myung was in charge. He noted that during this time, funding for programs such as basic income for youth, postpartum care, and free school uniforms expanded across the province, costing 154.8 billion won annually.He explained, Despite increasing expenditures, this was covered by the rising acquisition tax due to skyrocketing housing prices at the time. However, that acquisition tax has decreased by 26% from 11 trillion won in 2022 to 8.1 trillion won this year, while welfare spending still accounts for 49% of the provincial budget.Additionally, he raised concerns about the national debt, currently at 1,413 trillion won, and the governments future plans, which project it to reach 1,788 trillion won by 2029, indicating that the countrys finances are also at risk.* This article has been translated by AI. August 6, 2026 19:0
  • Political Parties Clash Over Real Estate Tax Reform Proposal
    Political Parties Clash Over Real Estate Tax Reform Proposal Political parties have been engaged in a heated debate over the real estate tax reform proposal announced by the government on August 3. The People Power Party criticized the proposal as the height of irresponsibility, repeating only optimism, while the Democratic Party expressed regret, stating that the reform aims to protect homeowners and enhance tax fairness.Han Jeong-ae, chair of the Democratic Partys policy committee, stated during a policy coordination meeting at the National Assembly, The tax reform proposal was prepared to establish a virtuous economic cycle and normalize taxation, but the People Power Party is launching political attacks with baseless arguments.She emphasized that the reform is designed to protect actual residents and improve tax equity, adding, We will work with the government to examine the detailed impacts on the market.Chun Jun-ho, the partys deputy floor leader, criticized the People Power Party for distorting the governments tax reform proposal and exacerbating public anxiety, stating that fear-mongering for political gain does not help the public. He urged the People Power Party to stop the unfounded distortions and engage in policy discussions, saying, Real estate policy should not become a tool for fear-mongering politics. Only accurate information and responsible policy competition can maintain trust and ensure housing stability for the public.On the other hand, the People Power Party intensified its criticism, arguing that the governments tax reform proposal does not provide practical measures for ordinary citizens but instead imposes a greater tax burden. Choi Bo-yun, the partys chief spokesperson, stated in a commentary, As the reality of the tax reform proposal and housing supply plan put forth by the Lee Jae-myung administration becomes clearer, public anger and frustration are reaching a peak. The governments attitude of repeating optimism in the face of the worst supply cliff is the height of irresponsibility.He added, The punitive taxation aimed at curbing real estate speculation is actually targeting the elderly and ordinary citizens who have maintained a single home for their entire lives, imposing a greater tax burden on those who have lived in the same house for a long time while promoting actual residence.Kim Tae-kyu, the partys senior deputy spokesperson, criticized the upcoming second closed-door meeting on real estate policy hosted by the government on August 7, questioning, Does having a majority mean we dont need to listen to the oppositions opinions?* This article has been translated by AI. August 6, 2026 18:3
  • Controversy Surrounds Fairness in Democratic Party Convention Ahead of Vote
    Controversy Surrounds Fairness in Democratic Party Convention Ahead of Vote The Democratic Partys convention is just 11 days away, and controversy over its fairness continues to escalate. Following the so-called war of rules, conflicts have intensified, including counter-complaints to the Election Commission.According to the party on August 6, Election Commission Chairman So Byeong-hoon rejected a decision the previous day regarding the posting of banners that included phrases like birthday-based odd-even voting strategy guide and 100% participation of all members.The birthday-based odd-even voting strategy guide was proposed by supporters of candidate Jung Cheong-rae and other pro-Jung candidates to increase the number of elected officials during the Supreme Council elections. This has drawn backlash from the pro-establishment faction, which claims it promotes factional politics. The 100% participation of all members banner was promoted by pro-establishment lawmakers, and Jung has raised concerns about it being an overt attempt to favor a specific candidate. The phrase 100% participation of all members is championed by candidate Kim Min-seok.Additionally, various criticisms have emerged regarding the rules of this convention, particularly concerning the preferential voting system. This system determines the winner without a separate runoff, allowing the second-choice votes of the third-place candidate to be counted if the first-choice candidate does not achieve a majority in the first round.However, there are concerns that if a candidate with a higher initial support rate is not selected through this system, it could lead to backlash from party members. Both Jung and Kim, who are currently leading in the preliminary rounds, have stated they will accept the results, but there are predictions of dissent among their supporters.Moreover, recent candidates from the pro-establishment faction have pointed out issues with dark voting, questioning the timing of voting that ends before campaigning concludes, and advocating for additional voting opportunities in line with the principle of member sovereignty.In response, Kim appeared on YouTubes Kim Eo-juns News Factory and stated, Realistically, it seems difficult to propose improvements for this election, but expressed hope that the issue could be discussed with party members before the next convention. Candidate Song Young-gil also remarked the previous day, Looking back at this election process, we should be voting after seeing the campaign, but we are campaigning after the voting has ended, acknowledging the need for improvements.Conversely, Jung has labeled this a voting coup, arguing, There has never been an election in any countrys history like this. Asking for another voting opportunity after voting has ended is akin to a post-vote. In this context, Eom Gyeong-young, director of the Era Spirit Research Institute, stated in a phone interview with Aju Economy, Given the intensity of the convention, the outcome will likely depend on the rules. Regardless of the results, there are concerns that factional conflicts could escalate to a psychologically divisive state.* This article has been translated by AI. August 6, 2026 18:2
  • Police Charge Former Cheongju City Councilor Choi Young-jung with Child Prostitution
    Police Charge Former Cheongju City Councilor Choi Young-jung with Child Prostitution Police have transferred Choi Young-jung, a former Cheongju City Councilor, to prosecutors on charges of child prostitution.According to legal sources on August 6, the Cheongju Cheongwon Police Station has applied charges against Choi for statutory rape of a minor, production of sexual exploitation materials, solicitation of sexual services, sexual conversations for exploitation, and coercion, mediation, and sexual harassment of minors under the Child Welfare Act.Choi is accused of engaging in sexual relations with middle school students three times over the course of a year, starting in October 2024, in vehicles and motels, and demanding that they send nude photos.He allegedly offered the victims additional money if they brought friends or sisters along and is reported to have shown them videos of sexual acts with other women. Additionally, he sent messages suggesting sexual relations with women of different nationalities, indicating a pattern of sexual harassment.In response, police conducted simultaneous searches of Chois office in the Cheongju City Council, his residence, and his vehicles black box on July 15. They also collected internet usage records from his office PC.Furthermore, police have identified another minor victim who may have been targeted by Choi around the same time and have initiated additional investigations.During the police investigation, Choi submitted his cell phone, from which authorities discovered nude photos of a woman believed to be a minor in a school uniform, leading to an expansion of the investigation to include this individual as a victim.However, Choi reportedly denied the charges, claiming he was unaware that the individuals were minors, despite admitting to the sexual encounters during police questioning.On July 30, the Cheongju District Court conducted a pre-arrest hearing for Choi and issued a warrant, citing concerns over potential evidence destruction. Following the expiration of the detention period, police transferred Choi to prosecutors. Investigations into additional victims are expected to continue.Choi, born in 1991, graduated from primary, middle, and high school in Cheongju and earned a degree in Korean Language and Literature from Paichai University. He entered politics by joining the People Power Party ahead of the 2022 presidential election.He has since served as the vice chairman of the People Power Partys Chungbuk Provincial Party, the secretary of the Cheongju Seowon Party Committee, and the campaign manager for candidate Kim Moon-soo in the 21st presidential election. Choi was elected as a city councilor in Cheongju in the June local elections.However, following the search and travel ban due to the child prostitution allegations, the People Power Party expelled Choi, who subsequently resigned from his position as a city councilor.* This article has been translated by AI. August 6, 2026 10:5
  • Political Change Needed for Economic Growth in South Korea
    Political Change Needed for Economic Growth in South Korea The government, now in its second year, faces new challenges alongside the Democratic Party, which is electing new leadership, and the People Power Party, which is under pressure to innovate. If the past year was about setting the direction for governance, the focus now must shift to delivering results. Politics must change, primarily for the sake of the economy. The true role of politics is not to lead the economy but to create an environment where it can grow steadily.South Koreas economy is currently confronting significant changes, including competition in the artificial intelligence (AI) industry, supply chain restructuring, low growth, low birth rates, and an aging population. None of these issues can be resolved quickly; they require long-term policies and sustained investment. However, if politics remains mired in conflict, national strategies will inevitably falter. Companies may miss investment opportunities, and citizens will grow weary amid ongoing disputes.What companies fear most is not the change of government itself, but the abrupt shifts in policy and unpredictable regulations. If tax and real estate policies change with each administration, and if industrial support directions fluctuate while regulations are frequently altered, businesses will struggle to commit to long-term investments. Building a semiconductor plant takes years, and investments in AI and biotechnology require a decade or more of foresight. If politics remains focused solely on short-term interests, national competitiveness will inevitably weaken.The Democratic Party, as the ruling party, bears the responsibility for stable governance. While speed is important in the legislative process, enhancing policy effectiveness through social consensus and thorough discussion is crucial. The People Power Party must also evolve from merely opposing the government to becoming a policy-oriented party that presents a vision for the future. While it is the oppositions duty to hold the government accountable, it should not turn issues critical to the nations future into mere political battlegrounds.Cooperation is not just a slogan for political compromise; it is a necessity for the economy. Major developed countries like the United States, Japan, and Germany have demonstrated collaboration across party lines on issues that impact industrial competitiveness and national strategy. Challenges that determine the nations future, such as semiconductor and AI development, energy security, low birth rates, and pension reform, are not the sole responsibility of any one administration. When both parties establish minimal common principles and ensure policy continuity, businesses can invest with confidence.The publics expectations for politics are not vastly different. They desire solutions to problems rather than extreme confrontations, and they seek competition for the future rather than blame directed at opponents. As political conflicts escalate, social costs rise, and the burden ultimately falls on citizens and businesses. The dignity of politics lies not in defeating opponents but in improving the lives of the people.The upcoming Democratic Party convention and discussions on innovation within the People Power Party should not merely result in a change of leadership. They must serve as an opportunity for South Korean politics to mature. The measure of success should not be who raises their voice the loudest, but who presents a more stable governance and sustainable growth strategy.As we conclude this special series marking the first year of the administration, it is clear that South Korea needs a growth strategy, an AI national strategy, and reforms to the national system and real estate policies. However, the power to realize all these tasks ultimately comes from politics. Politics should not be a hindrance to the economy but a solid foundation supporting it. Only by ending the era where politics stifles the economy and moving towards a political framework that supports economic growth can South Korea truly advance to the next level of developed nations. August 6, 2026 10:4
  • Democratic Party Candidates Clash Over Allegations in Second Debate
    Democratic Party Candidates Clash Over Allegations in Second Debate Democratic Party candidates Kim Min-seok, Jeong Cheong-rae, and Song Young-gil engaged in a heated debate on August 5 during their second televised forum, addressing recent allegations regarding the timing of judicial reforms, suspicions of party defections, and controversies surrounding membership in the Shincheonji religious group.During the debate held at KBS, the candidates presented their platforms while also confronting various accusations against each other.Jeong opened the discussion by referencing the defection histories of Kim and Song. When asked about his strengths compared to his opponents, Jeong stated, I did not leave the party when I was cut off 10 years ago and participated in support campaigns. For the identity and legitimacy of the Democratic Party, the party leader should not have a history of leaving the party. I believe I have an advantage over the two candidates who have defected.In response, Song accused Jeong of engaging in negative campaigning, calling him a liar for claiming he would not continue such attacks. He asserted, I am Song Young-gil, who did not focus on personal politics and gave up my district to protect President Lee Jae-myung, and I will stand by him until the end.Kim highlighted his experience as the first Prime Minister under President Lee, emphasizing his relationship with the president. He remarked, I have criticized President Lee at times, but I have proven my ability to govern as Prime Minister. Supporting the president is a virtue of the ruling party.In a subsequent segment of the debate, Kim and Jeong clashed over the timing of judicial reform legislation. Kim pointed out that Jeong opposed the governments request to abolish supplementary investigative powers back in May when he was the party leader. He questioned, Why is there still doubt about the presidents commitment to judicial reform, especially with writer Yoo Si-min at the center of it?Jeong countered, asserting, Everyone knows that I have been the strongest advocate for judicial reform. If the government had the will for reform, why didn’t the task force under the Prime Minister submit any bills? He added, We held a debate on May 6, and the local election campaign began on May 20. I regret Kims evasive comments given that the National Assembly could not convene for two weeks after the debate.The candidates also exchanged barbs over the Shincheonji membership controversy. Kim questioned, Isnt raising the issue of church-state entanglement a serious matter that warrants disciplinary action? Jeong dismissed the allegations, calling them malicious claims aimed at dragging the convention into the mud. A sincere apology and reflection are necessary.When Kim reiterated that concerns about Shincheonjis interference in the primaries were also raised by Jeongs associate, Choi Min-hee, Jeong warned, Kims irresponsible allegations have even prompted calls for an investigation from the People Power Party. If I become the party leader, I will have Kim investigated by the ethics committee to resolve this issue.Meanwhile, Song continued to challenge Jeong. Jeong accused Kim of causing a decline in the presidents approval ratings due to his unilateral announcement of a single-item leveraged ETF during his tenure as Prime Minister without consulting the party. Song responded, It is hard to understand why the government and the party could not coordinate on the ETF launch. What does it say about the governments trust in the party if they did not even consult?* This article has been translated by AI. August 5, 2026 17:0
  • Seoul plans fall push despite North Korea silence
    Seoul plans fall push despite North Korea silence SEOUL, August 05 (AJP) - South Korea will spend the fall looking for a way to talk to North Korea and does not expect to get one, Foreign Minister Cho Hyun said Wednesday, hours after the president told the officials who run the policy that the work will feel like shouting and hearing no echo. Asked whether the two governments might meet face to face at the United Nations General Assembly in September, Cho said the chance remains uncertain and that the North's conduct points one way. "Judging by North Korea's attitude so far, I think it will probably avoid such an opportunity," he said. "But the government is doing everything it can to break the current deadlock, so we will not miss occasions such as the General Assembly, or APEC in the fall." No official channel has opened between the two governments since President Lee Jae Myung took office in June 2025. The Ministry of Foreign Affairs, in the written report it submitted to the president the same day, lists North Korea's refusal to talk or exchange as the first obstacle to its own Korean Peninsula policy. Cho spoke at a post-briefing session at Government Complex Seoul at 3 p.m., after the ministry delivered its half-year report at the presidential Blue House alongside the ministries handling unification, defense and veterans affairs. The report set out where Seoul has been knocking. Through the first half of the year, the ministry worked with third countries and international bodies to reach Pyongyang, naming Singapore, Viet Nam and Sweden along with the United Nations. It also pressed Beijing on peninsula stability at the January summit and during the prime minister's visit in June, and secured a Security Council sanctions exemption for humanitarian aid to the North. For the second half, it plans to keep working multilateral meetings that North Korea actually attends, including UN settings and unofficial dialogues that mix government officials with academics, while pulling China and Russia toward what it calls a constructive role. The substance on offer is a denuclearization sequence that begins with a freeze. The ministry describes it as halt, then reduce, then dismantle, and says progress on the first step is what it will pursue in talks with Washington. Pyongyang has been moving the other way. It claims status as a nuclear weapons state, continues to build out its nuclear and missile programs, and has drawn closer to Moscow while repairing ties with Beijing, according to the ministry's assessment. It has also widened its own diplomacy, hosting the Vietnamese and Singaporean foreign ministers in May and naming new ambassadors to posts including Indonesia and Sweden, while keeping open the possibility of conditional talks with the United States. Chinese Foreign Minister Wang Yi is expected in Seoul later this month, and Cho said North Korea will be at the front of that conversation. "This is an important issue for settling peace on the Korean Peninsula, so I will take it up with Wang Yi as the top priority," he said. He added that he does not expect Beijing to arrive holding a card it intends to reveal. On reports that North Korea is sending additional troops to Russia, Cho said the matter needs further confirmation and that Seoul is watching closely. "We are looking at how the situation develops with concern, and with a very grave view given the seriousness of this matter," he said. The rest of the report was an accounting of a year the ministry believes went well. Diplomacy ranked first among the areas the public rates positively in the president's performance, according to a Gallup Korea survey released on July 24. A separate evaluation published on June 7 by the Public Policy Evaluation Association and the Segye Times placed national-interest-centered foreign and security policy first among the administration's governing goals. Since the government took office, it has held more than 100 leader-level engagements with over 50 countries, producing roughly 700 follow-up items the ministry is now tracking. Thirty-two foreign ministers had visited South Korea as of July 16. When war broke out in the Middle East, the ministry helped about 1,500 South Koreans get out by land, charter flight, military transport and commercial aircraft, and its missions in the region stayed open through the fighting. Of 26 South Korean vessels caught in the Strait of Hormuz, 24 got clear by July 16. Confinement cases involving South Koreans caught in scam operations in Cambodia fell from 225 in the first half of last year to 14 in the same period this year, a drop of 94 percent, after the ministry adjusted travel advisories, built a standing channel with local police and pushed for the repatriation of suspects. The ministry also ran the first comprehensive survey of grievances from Korean communities abroad, collecting about 2,800 submissions across two rounds through all 173 overseas missions. Of the 1,438 received in the first round, 989 have been resolved. Cho relayed one instruction from the president that came without numbers attached. Lee told the room that foreign policy becoming a target of domestic politics is not desirable, and that it is heading that way regardless. "Rather than any argument, he spoke about practice," Cho said. "My own reading is that it was a remark reflecting deep insight into the fact that diplomacy is reality, and that it happens inside that reality." --- AJP Takeaways ● Foreign Minister Cho Hyun said North Korea will probably avoid a face-to-face opportunity at the United Nations General Assembly in September, while committing to work that occasion and APEC in the fall regardless. ● The Ministry of Foreign Affairs named Singapore, Viet Nam, Sweden and the United Nations as the channels it used to reach Pyongyang in the first half of the year, and listed the North's refusal to talk or exchange as the first obstacle to its own peninsula policy. ● Cho said North Korea will be his top priority when Chinese Foreign Minister Wang Yi visits Seoul later this month, and that he does not expect Beijing to arrive holding a card it intends to reveal. ● The Ministry of Foreign Affairs disclosed a denuclearization sequence of halt, then reduce, then dismantle, and said it will pursue progress on the first step in talks with Washington. The sequence appears in the written report and slide deck submitted to the president, not in the briefing. August 5, 2026 16:5
  • The Dangers of Echo Chambers for Leaders
    The Dangers of Echo Chambers for Leaders Power does not change people; rather, it alters what they choose to hear. As power grows, the desire to hear flattering words increases, while the willingness to hear uncomfortable truths diminishes. Eventually, leaders may find themselves unknowingly trapped in an echo chamber, a space where their thoughts are merely repeated back to them. This term emerged in the era of democracy, but the underlying issue was recognized by political thinkers in China over 2,000 years ago.Han Feizi, a prominent figure in Chinese Legalism, warned that the greatest threat to a ruler is not the enemy but the sycophantic minister. Since a ruler cannot verify all information personally, they rely on reports from their subordinates. When these reports are tailored to please the rulers mood, governance is built on illusion rather than reality. Han Feizi cautioned that when a ruler only hears what they want to hear, the state is destined for decline. History has repeatedly proven this point.One of the most revered emperors of the Tang Dynasty, Emperor Taizong, had a minister named Wei Zheng, who boldly told the emperor, Your Majesty, that is a mistaken judgment. He often criticized the emperor so openly that it sometimes embarrassed Taizong, who would become angry. However, once his anger subsided, Taizong would reflect on Wei Zhengs words. After Wei Zhengs death, Taizong lamented, If I use a bronze mirror, I can correct my attire; if I use a historical mirror, I can understand the rise and fall of states; if I use a person as a mirror, I can recognize my own mistakes. Now that Wei Zheng is gone, I have lost a mirror. This illustrates that a leaders most valuable asset is not a loyal follower but someone who speaks the truth.Today, this phenomenon is referred to as an echo chamber in politics. People tend to gather around those in power, but not everyone is a trusted advisor. Many are individuals seeking positions, promotions, nominations, business opportunities, or expanded networks. They have little reason to upset the powerful. Consequently, frank advice disappears, leaving only applause.Initially, this change is subtle. Phrases like You are doing well, The public is pleased, and There is no need for concern become repetitive. As these affirmations accumulate, leaders begin to trust reports over reality and their inner circle over public sentiment. At that moment, the echo chamber is complete.Politics is not confined to boardrooms. It exists in press rooms, market alleys, and social gatherings. Veteran politicians value these spaces because they contain unrefined public sentiment.Journalists can sometimes serve as the most uncomfortable mirrors for politicians. Through journalists, politicians can see a world they might otherwise miss. Similarly, long-time friends, rivals, and even critics are necessary mirrors for leaders. As power strengthens, leaders need more mirrors to reflect reality.This principle applies globally. In 1961, the Kennedy administration in the United States faced a catastrophic failure with the Bay of Pigs invasion. Most advisors aligned with the presidents views, and dissenting opinions were not adequately voiced. To avoid repeating this mistake, Kennedy changed his approach to meetings. During the Cuban Missile Crisis, he intentionally sought out opposing views and engaged in extensive discussions, which ultimately helped the world step back from the brink of nuclear war.Contrary to popular belief, dissenting opinions do not weaken power; they can actually prolong it. This holds true in democracies as well. Winning an election does not equate to winning the hearts of the public. High approval ratings are not permanent. Politics is an ongoing process of interpreting shifting public sentiment. There is no guarantee that yesterdays supporters will make the same choice today.Therefore, leaders must constantly examine their surroundings. While politicians should look to the sky and articulate their vision, they must also keep their feet firmly on the ground. They need to continually assess where their feet are planted and in which direction public sentiment is moving. If there is no one nearby to inform them of this reality, leaders are living in a world of their own making rather than the actual world.The decline of power often begins not with a strong enemy but at the moment a leader closes their ears. Thus, leaders should surround themselves with those who offer frank advice rather than yes-men. The public does not seek a perfect leader; they desire a leader who can first acknowledge their own mistakes. The courage to break free from the echo chamber is a leaders ultimate competitive edge.* This article has been translated by AI. August 5, 2026 16:4
  • Real Estate and Taxation Must Return to Common Sense
    Real Estate and Taxation Must Return to Common Sense The governments recent tax reform proposal signals significant changes in the real estate market. The plan aims to increase property tax burdens on high-value and non-residential properties while restructuring long-term capital gains tax exemptions to focus on actual residents. The intention to protect genuine homebuyers while imposing greater responsibilities on speculative holdings is understandable. However, there are considerable concerns in the market about reduced transactions and increased tax burdens. Policies are evaluated based on their outcomes, not intentions. The government must closely monitor market reactions and prepare supplementary measures.Real estate policy has always been one of the most challenging tasks for any administration. When home prices rise, taxes are increased; when transactions decline, regulations are relaxed. Throughout this process, comprehensive real estate taxes, capital gains taxes, and acquisition taxes have been revised multiple times, and exemption systems have continually changed. Citizens have found it difficult to understand the complex tax laws, and the market has struggled to trust the consistency of policies. The real estate market is far more sensitive to future policy changes than to the current tax rates. When predictability is lost, both transactions and investments inevitably decline.This tax reform, which emphasizes taxation based on actual residency, is a meaningful direction. However, expectations that the market can be moved solely through tax measures should be approached with caution. The instability in home prices in Seoul and the surrounding metropolitan area is the result of a combination of factors, including supply shortages, concentration of education, transportation, and job opportunities, and abundant liquidity. Strengthening taxes will not resolve supply shortages, and there are clear limits to controlling demand through taxation alone. The market considers not just tax policies but also supply, finance, economic conditions, and interest rates.Particularly, the balance between property taxes and transaction taxes must be handled with care. If the burden of ownership increases while transaction burdens also rise, the market may see a decrease in available listings and a contraction in transactions. Suppressing speculation and hindering normal transactions are entirely different issues. Taxes should not be barriers that freeze the market but rather mechanisms that facilitate its normal operation. A market where individuals cannot act due to tax concerns is not a healthy market.It is time for real estate policy to shift from a tax-centric approach to a comprehensive strategy. Revitalizing urban reconstruction and redevelopment is essential to expand the supply of quality housing, alongside enhancing transportation networks and industrial and educational infrastructure. Financial policies should strictly manage speculative loans while ensuring ample opportunities for genuine homebuyers, including young people, newlyweds, and first-time buyers. When supply, finance, and taxation align in the same direction, the market can find stability.Good taxation is not about collecting more taxes. It is about creating a system that citizens can understand, accept, and sustain over the long term. If tax systems are significantly disrupted with each change in administration, citizens cannot plan their assets, and businesses and markets struggle to make long-term decisions. The real estate tax system should be viewed not as a short-term tool for responding to home prices but as a long-term national institution. The fundamental principles of tax equity, market functionality, and protection of citizens property rights must be balanced.The goal of real estate policy is not to artificially inflate or deflate home prices. The essence lies in creating an environment where citizens can reside stably, the market can operate normally, and genuine homebuyers are protected. Taxes should be designed based on the same principles. They are not a means to control home prices but a tool to stabilize the market. Both real estate and taxation should be approached with common sense, not politics. Only on a foundation of consistent principles that the market can trust can citizens housing stability and the normalization of the real estate market be achieved. August 5, 2026 10:3
  • Prime Minister Han Seong-sook Focuses on Swift Solutions to Public Issues
    Prime Minister Han Seong-sook Focuses on Swift Solutions to Public Issues Han Seong-sook, the first female Prime Minister from a business background in South Korea, is rapidly reshaping her cabinet just over a month after her inauguration on July 2. According to government sources on August 4, Prime Minister Han has set a clear governance standard, stating, The ultimate goal is to solve problems for the people, and is focusing on swift resolutions. During her inauguration, she emphasized that the standard for a government of the people is solely based on the lives of the citizens, vowing to earnestly address pressing public issues by heeding the voices of 52 million citizens. Han, who previously served as the first female CEO of Naver, South Koreas largest portal, has generated high expectations since entering public office. To accelerate the resolution of public issues, she is integrating innovative approaches developed over 30 years in the private sector into her cabinet. Han stresses that few issues can be resolved by a single ministry alone. When policy goals span multiple departments, she reportedly convenes discussions with up to eight ministries to gather input and coordinate efforts. In addition to setting priorities for quick problem-solving, she is known for providing detailed guidance on which issues should be addressed first to facilitate progress. Han prefers a less formal approach to work, favoring emails over paperwork and discussing necessary materials in group chats. She opts for discussions involving multiple participants rather than one-on-one reports typical in public service. To save time traveling between Seoul and Sejong, she often holds discussions online. To quickly grasp relevant issues, she frequently meets with external experts, field practitioners, and officials from other ministries, indicating a significant number of internal, non-public meetings. Personnel changes are also crucial for enhancing the Prime Ministers Offices problem-solving capabilities. On July 11, former lawmaker Chae Yi-bae was officially appointed as the Chief of Staff to the Prime Minister, a position at the vice-ministerial level. Chae has previously served as the secretary of the Economic Democracy Committee at the Citizens Coalition for Economic Justice, a research fellow at the Good Corporate Governance Research Institute, and a researcher at the Economic Reform Institute. He was elected as a proportional representative in the National Assembly through the Peoples Party, which was founded by lawmakers including Ahn Cheol-soo during the split of the New Politics Alliance for Democracy (now the Democratic Party). Chae reportedly left a strong impression on Han during a National Assembly audit with pointed questions regarding Naver. Han places great importance on hearing directly from the public. Her field visits are far from mere photo opportunities; she always holds discussions or forums with stakeholders during these visits. Based on feedback from these visits, she conducts internal discussions and encourages ongoing attention to issues until they are resolved. In her first week, Han visited the Han River Flood Control Center (for flood checks), the Goyang Changneung area (for housing supply), the Hanaro Mart in Dobong District (for price checks), the flood-affected areas in Cheongju (for rain damage), and redevelopment sites in Jung-gu (for heatwave responses). On July 17, she held a meeting on heatwave measures in the Seoul Station goshiwon area, and on July 29, she engaged with officials at a youth entrepreneurship center for isolated and reclusive young people. On July 30, she visited the Daejeon Nano Convergence Technology Institute to discuss semiconductor collaboration and listen to concerns. Han prioritizes efficiency. On July 29, she decided to hold the weekly emergency economic monitoring meetings only as needed, aiming to reduce the burden of attending various meetings for vice-ministerial officials so they can focus on pressing tasks. The division of roles between the Prime Minister and the Deputy Prime Minister has also been clarified. Deputy Prime Minister Baek Kyung-hoon, who also serves as the Minister of Science and ICT, will focus on technology areas centered around artificial intelligence (AI), while Deputy Prime Minister Koo Yun-cheol, who is also the Minister of Economy and Finance, will concentrate on economic issues, including responses to the Middle East conflict. During her tenure as Minister of SMEs and Startups, Han led small and medium-sized enterprises to achieve record-high exports of $118.6 billion in 2025, despite a global economic slowdown. This achievement is attributed to her aggressive support for the overseas expansion of diversified small and venture businesses, moving away from a large enterprise-centered export structure.* This article has been translated by AI. August 4, 2026 17:5