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sicaism · 1 year ago

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Jessica @ 101025 G20 Seoul Summit

#jessica jung #snsd #2nd gen #girl group #kpop #2010 #era: hoot #woorissica #101025 #g20 seoul summit

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uniquejellyfishqueen · 3 days ago

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If you fail to plan, you plan to fail:

Vienna.

8/8

8/9

8/10

The left side of numbers = 24

The right side of numbers can be seen as August 91:

1991 Soviet coup attempt, (August 19–21, 1991), attempt by Communist hard-liners to seize control of the Soviet Union by holding Pres. Mikhail Gorbachev captive. The plotters had little support among the broader political and military establishment, however, and the coup collapsed in a matter of days. The coup attempt fatally undermined Gorbachev’s political standing and accelerated the collapse of the Soviet Union.

*there is a movie based on these events it is called August 1991 in Estonia. It was released on 2/24/2005. And it has a run time of 1hr and 30 minutes.

8/8

8/9

8/10

All numbers added together by the left and then the right.

8 x 3 = 24

8+9+1=18 = 9

9/24

**13 days after 9/11

**It’s the 267th day of the year

1789 – The United States Congress passes the Judiciary Act, creating the office of the Attorney General and federal judiciary system and ordering the composition of the Supreme Court

1869 – Black Friday (1869): Gold prices plummet after United States President Ulysses Grant orders the Treasury to sell large quantities of gold after Jay Gould and James Fisk plot to control the market

* 1890 - The Church of Jesus Christ of Latter-day Saints officially renounces polygamy

* 1906 – Racial tensions exacerbated by rumors lead to the Atlanta Race Riot, further increasing racial segregation.

* 1906 - Devils Tower in Wyoming is proclaimed as the nations first National Monument by U.S. President Theodore Roosevelt

* 1932 – Gandhi and Dr. Ambedkar agree to the Poona Pact, which reserved seats in the Indian provincial legislatures for the "Depressed Classes" (Untouchables)

* 1934 - 2,500 fans show up for Babe Ruth's farewell Yankee appearance at Yankee Stadium

* 1935 - The first rodeo ever held outdoors under electric lights is produced by Earl and Weldon Bascom

* 1946 - Cathay Pacific Airways is founded in Hong Kong

* 1948 - The Honda Motor Company is founded

* 1954 – AEC Routemaster, the iconic London bus was introduced

* 1957 - The 101st Airborne Division is sent to Little Rock, Arkansas by U.S. President Eisenhower to enforce desegregation

* 1959 – TAI Flight 307 crashes during takeoff from Bordeaux–Mérignac Airport in Bordeaux, Nouvelle-Aquitaine, France, killing 55 people

* 1960 - The world's first nuclear powered aircraft carrier, the USS Enterprise is launched

* 1964 - The Supremes perform Where Did Our Love Go on The Steve Allen Show which is their first national TV appearance

* 1973 - Guinea-Bissau declares its independence from Portugal

* 1975 - Southwest Face expedition members become the first to reach the summit of Mount Everest by any of its faces, instead of using a ridge route

* 1983 - Tell Her About It by Billy Joel hits #1 in America

* 1988 - American heptathlete Jackie Joyner-Kersee sets a new world record 7,291 points to win the gold medal at the Seoul Olympics

* 1991 - Nirvana's breakthrough album Nevermind is released

* 1996 - The Comprehensive Nuclear-Test Ban Treaty is signed by 71 nations at the United Nations

* 1996 - Pinkerton is the second album released by Weezer

* 1999 - Brand New Day is released by Sting

** “loves me like I’m brand new” Call It What You Want

* 2005 - Hurricane Rita devastates southwestern Louisiana and southeastern Texas

***The same year Hurricane Katrina hit. 26 days later. **The two storms caused nearly 2,000 deaths and an estimated $91 billion in damages. Katrina was responsible for about $81 billion of the losses. The storms also damaged the fragile marshes and wetlands of coastal Louisiana.

* 2007 - The Barenaked Ladies write and record the theme song of The Big Bang Theory that premiers on CBS

* 2009 - The G20 summit begins in Pittsburgh with 30 global leaders attending

** “Karma takes my friends to the Summit”

** The highest point in Pittsburgh, Pennsylvania is 1,370 feet above sea level at the top of Observatory Hill in Perry North. The hill is surrounded by trees and sometimes offers views of the U.S. Steel Tower and Highmark building.

* 2013 - At least 327 people are killed when a 7.7 magnitude earthquake hits southern Pakistan

* 2015 - A stamped during the Hajj in Saudi Arabia kills 1,100 people and injures another 934 people

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char1ottee · 10 months ago

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Seoul🇰🇷

Seoul, officially Seoul Special City, serves as the capital of South Korea, and is its most extensive urban center. The broader Seoul Capital Area, encompassing Gyeonggi province and Incheon metropolitan city, emerged as the world's fourth largest metropolitan economy in 2014, trailing only Tokyo, New York City, and Los Angeles, hosting more than half of South Korea's population. Although Seoul's population peaked at slightly over 10 million, it has gradually decreased since 2014, standing at approximately 9.97 million residents as of 2020. Seoul is the seat of the South Korean government.

Seoul's history traces back to 18 BC when it was founded by the people of Baekje, one of the Three Kingdoms of Korea. During the Joseon dynasty, Seoul was officially designated as the capital, surrounded by the Fortress Wall of Seoul. In the early 20th century, Seoul was occupied by the Japanese Empire, temporarily renamed "Gyeongseong." The Korean War brought fierce battles, with Seoul changing hands four times and leaving the city mostly in ruins. Nevertheless, the city has since undergone significant reconstruction and rapid urbanization.

Seoul was rated Asia's most livable city, with the second-highest quality of life globally according to Arcadis in 2015 and a GDP per capita (PPP) of approximately $40,000. 15 Fortune Global 500 companies, including industry giants such as Samsung, LG, and Hyundai, are headquartered in the Seoul Capital Area, which has major technology hubs, such as Gangnam and Digital Media City. Seoul is ranked seventh in the Global Power City Index and the Global Financial Centres Index, and is one of the five leading hosts of global conferences. The city has also hosted major events such as the 1986 Asian Games, the 1988 Summer Olympics, and the 2010 G20 Seoul summit.

Seoul is geographically set in a mountainous and hilly terrain, with Bukhan Mountain positioned on its northern edge. Within the Seoul Capital Area lie five UNESCO World Heritage Sites: Changdeok Palace, Hwaseong Fortress, Jongmyo Shrine, Namhansanseong, and the Royal Tombs of the Joseon dynasty. Furthermore, Seoul has witnessed a surge in modern architectural development, with iconic landmarks including the N Seoul Tower, the 63 Building, the Lotte World Tower, the Dongdaemun Design Plaza, Lotte World, the Trade Tower, COEX, IFC Seoul, and Parc1. Seoul was named the World Design Capital in 2010 and has served as the national hub for the music, entertainment, and cultural industries that have propelled K-pop and the Korean Wave to international prominence.

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eaukraine-eu · 1 year ago

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South Korean officials have announced aid for Ukraine in the amount of 2.3 billion USD. It has already been decided what exactly the funds will be spent on. It is better to see once than hear a hundred times The fact that this country can take an active role in the fate of Ukraine became known not recently. One of the eloquent gestures of interaction was the visit of the President of South Korea and his wife in July 2023. During this, they visited the following cities: - Kyiv; - Irpin; - Bucha. They saw with their own eyes the consequences of Russian aggression and also talked with the President of Ukraine and his wife. Two queues 2.3 billion USD is allocated to facilitate the post-war reconstruction of Ukraine. There will be two waves of tranches: 1. In 2024 - 300 million USD for humanitarian needs. 2. Starting from 2025 - 2 billion USD as long-term assistance to support social and economic spheres. Long-term assistance will be provided in the form of low-interest loans. The source of financing will be the Economic Development Cooperation Fund (EDCF). South Korea started this fund to support various projects of economic or social direction in developing countries. Why does Korea need it? The President announced the aid during the G20 summit, which was held in India in early September. This happened during the session "One Future". As the President of South Korea Yoon Suk Yeol mentioned, this is how his country demonstrates a responsible role as a leading state that is pivotal for helping the weak. Thus, it is possible to declare its strong economy, which is beneficial for Seoul for other political plans.

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rivaltimes · 2 years ago

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South Korean ruling party agrees to parliamentary inquiry into Seoul stampede

South Korean President Yoon Suk Yeol at the G20 summit in Indonesia – -/YNA/dpa South Korean President Yoon Suk Yeol’s People’s Power Party (PPP) and the opposition Democratic Party (DP) have agreed to launch a parliamentary inquiry into the October 29 Halloween tragedy in Seoul’s Itaewon district. , which claimed the lives of 156 people due to a stampede. Despite the fact that the government…

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rangefan · 3 years ago

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Especially the United States the world's largest economies to take some of the New Deal

S. There will always be disputes, disputes in the country just want to fight for more benefits as much as possible, and all things dog in the manger is not dry. dollar's depreciation trend should be continued. It is also a long-term differences in economic growth, the amendment process. Bank of Japan can be described as the largest action, from direct intervention to cutting interest rates, purchase of assets, providing the market with a lot of yen liquidity, it seems that the methods can be used, but with little success.

Currently, the U.S.In summary, short-term U. economy and the dependence of some relevance, the U.Now the market is concerned that the Federal Reserve's second quantitative easing policy means the dollar will fall into an endless decline? Which is soon to be held in Seoul, will the G20 summit to discuss the issue on the exchange rate and avoid the exchange rate of the world into disorder, trade disputes?First of all, the U.The foundation of the current instability in the global context of economic recovery, the market trends so that governments that are dissatisfied, have taken or intend to take measures to curb currency appreciation, to ensure that the domestic economic recovery. Since not many can learn from historical experience of success, especially the United States the world's largest economies have a problem, will not be able to rely on other countries to assist, therefore, methods must try all policies, thereby causing fluctuations in the market are of the disorder inevitable. The policy of small countries greater flexibility and efficiency of administration more countries, the so-called "small boat U-turn" is the truth.

The Fed is indeed taken into dollar liquidity to the market measures to avoid the U. Bernanke believes that the last century the Great Depression of the thirties caused mainly due to lack of demand, while deflation is expected to lead to an important reason for lack of demand.S. At present, the market response is excessive, and whether the problem is corrected.Exchange rates among developed countries because of the establishment of long-term trend is not unilateral, the occurrence of war or a trade war, the possibility of the exchange rate is relatively small, then the problem is concentrated in the developed countries led by the U. Although the current global economic situation is still the United States as the leading countries have more or less on the U. To avoid cooler motors factory deflation, interest rates must be taken quickly, the purchase of assets to free up liquidity and stabilize financial markets, currency devaluation, inflation targeting and a series of measures.S.

The ECB has always been shy to comment on the currency markets, but ECB President Trichet had to maintain a strong U. dollar against the euro, the yen may still be the future volatility is unlikely to continue unilateral trend.On the other hand, not only the United States, now the world's major developed economies are facing the problem of insufficient demand, countries to avoid falling into a Japanese-style deflation, will take various measures to save their economies. So, this assert G7 currencies, the U. monetary policy, a strong reaction in the market, between the developed economies, exchange rate fluctuations due to economic stability may not continue, but Europe and Japan lack of economic growth potential, the strength of its currency has always been constrained, in addition to the debt crisis in Europe has not fully healed, the U. economy into a Japanese-style deflation. dollar once again expressed its hope that the remarks. This will change the future prospects of the global economic situation, the decision between long-term economic growth in emerging economies currencies will remain strong. Crisis, the Federal Reserve to take all the measures are from the U. Globalization, no country can not be isolated from global markets, and the benefit, while confrontation can only hurt the truth we know very well. and among developing countries led by China.

Especially the United States the world's largest economies to take some of the New Deal, if somewhat effective, it will certainly be other countries to follow. dollar, we do not think it will immediately enter the ongoing decline. position as a short-term end market demand is also difficult to change, but the emerging economies continued rapid development , is building the driving force behind demand growth outside the United States.S.S.For emerging economies, especially China, the U. dollar against major non-US currencies continued to fall too early.S.S.S.September, the dollar depreciated again to affect the world's nerves. dollar against the euro, yen and other currencies continued to depreciate, but the new U.S.S. economy faces the risk of deflation, the Fed is also a step by step to do so. Market expectations the Fed will once again introduce quantitative easing monetary policy, the release of dollar liquidity to the market, non-US currencies rose across the board. This round of the dollar, emerging market countries have a great impact, Brazil, Korea and other emerging economies are also taking measures to prevent hot money inflows, currency appreciation inhibition. Federal Reserve Chairman Ben Bernanke as a scholar during the Great Depression of the research results. Therefore, the United States after the quantitative easing, do not rule out the United Kingdom, Japan and even European countries to take similar initiatives. But the Fed will not ignore these markets overreact to any new policies need to continue to explore, market feedback, and then modified the process.S

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we-future-first · 4 years ago

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Mayors and leaders from 39 cities around the world line up in support of call for action ahead of G20 summit. The leaders of 39 cities including Berlin, Paris, Rome, Madrid, Buenos Aires, London, Seoul and Tokyo endorsed the 27-point document.

submitted by /u/Wagamaga [link] [comments]

source https://www.reddit.com/r/Futurology/comments/j42anc/mayors_and_leaders_from_39_cities_around_the/

#Future #Futuristic #Future oriented

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lemonadepink · 7 years ago

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DFAM #7 x Inktober 2017: Park Bom, 10.09.2017

80 years will pass and I will be lying on my deathbed and I will still 100% have a huge ginormous crush on Bommie with her red hair :’).

I used a photo of her at the 2010 G20 Summit in Seoul as reference!

Tools:

Sakura Pigma Sensei - 03, 04, 06, and 10 (black)

Copic Multiliner SP - 0.03 (black)

uni-ball Vision Rollerball Pen, Fine Point (red)

Sakura Pigma Micron - 05 (red)

Copic Sketch Marker (red)

#Park Bom #2NE1 #kpop fanart #Drawings from a Mailbox #inktober2017 #lemonadepinkart #pens #inking is difficult _(:3」∠)_

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sicaism · 1 year ago

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Jessica @ 101025 G20 Seoul Summit

#jessica jung #pretty princess #snsd #2nd gen #girl group #kpop #2010 #woorissica #era: hoot #101025 #g20 seoul summit

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firstclassqueen · 5 years ago

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Love this tribute to the G20 summit When it was held in Seoul South Korea. (at #G20 Seoul Summit 2010' (G20 서울 정상회의 2010')) https://www.instagram.com/p/B34AWDahgA2/?igshid=l6tdrh9tok3c

#g20

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global-ization-blog · 5 years ago

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Hana Dul Set, Are You Ready for Hallyu?

As I step into the arena filled with thousands of ecstatic people of all different shapes, sizes, backgrounds and ages I listen to the loud hum of screaming fans, and my excitement is soaring. My heart beats with quiet anticipation and my eyes immediately focus on the large stage in front of me. In a few minutes, they will take the stage, the seven men that have charmed their way into millions of people’s hearts around the world, including mine. BTS, a seven-member award-winning boy-band from South Korea that sings exclusively in Korean. They will be taking the stage in Hamilton, ON, Canada, with an audience of 30,000 fans. How did I get here? How did BTS manage to break several social and global barriers to get here today? The answer is not easy. Hallyu is a term referred to by academics to describe “The Korean Wave,” and this wave has spread internationally. Many experts and media scholars are fascinated by the K-pop Hallyu phase, as it is a perfect example of cultural globalization. K-pop has become an international phenomenon breaking apart from the borders of South Korea itself. Hallyu is split into two generations, Hallyu 1.0 is often referred to as the age of television and Korean dramas. Whereas now, Korean music has innovatively changed and has witnessed tremendous growth since the 1990s. As a result, it has become the forefront of the new Korean wave or, as others regard it, Hallyu 2.0. For those of you who are K-pop virgins, the success of BTS can easily be misinterpreted as another factory produced boy-band with good vocals, good moves and perfect visuals. However, K-pop has had its own battle getting to where it is now. Following years of oppression and censorship from authoritarian governments in the past, Korea has never had it easy with liberty of artistic expression. Korean popular music in the 1980s and earlier was seen to be trots, ballads and slower, more romantic songs. However, in Hallyu 2.0, we view a totally new type of K-pop that translates to a larger and younger audience. With its upbeat music, catchy lyrics and aesthetically pleasing choreography, it is innovative and exciting to many across Korea and across the world. Artists like Seo Taiji and The Boys, as well as Kim Gun Mo, played a key role in influencing K-pop with new and diverse beats and music genres, and effectively opened up a pathway for K-pop to be hybridized and ready for global consumption. Although many argue that the “global” has erased the “local” in reality, the newfound paradigm shift in South Korea has allowed artists like Seo Taiji and BTS to show Koreans something new. Many also worried about the effects westernization would have on Korean culture. Yet, the new generation of Koreans or “Shinsedae” are often seen to be enjoying westernized music, food and overall culture as opposed to sticking with the traditional. Westernization may have been an outcome of social media; however, South Koreans had been able to use social media to their own advantage as well. BTS had started out as a band from a small company called BigHit Entertainment in South Korea and was almost unheard of for the greater majority of their careers. However, due to the agency of social media, BTS was able to gain a fanbase like no other. K-pop is nothing without the unique fan culture. BTS’ fanbase or otherwise known as ARMY-Adorable Representative MC for Youth, has a huge impact on large social platforms like Twitter, Youtube, Instagram, and use their impact to gain recognition and popularity for BTS. Unlike TV and other platforms for popular culture to thrive on, social media is global and mostly unrestricted globally for those who are looking for new things and are open to watching foreign material. Thus allowing more westerners to find out about K-pop online, and furthermore, are then able to enjoy this content online as well. Platforms like Twitter, Facebook and Youtube, have allowed for Korean content creators to reach a larger and more widespread audience with ease. Fanbases are then able to also proclaim their devotion to these creators on these apps, which ultimately results in instant feedback to the original creator. Moreover, this enables them to cater their content accordingly to make it even more appealing to their audience. Social media has inevitably contributed to globalization and intensified the popularity of transnational media culture in a non-western region. K-pop fans enjoy a genre of music and support their favourite artists that come from a small local environment, but with the help of social media and their fans, they are able to become global artists that sell out arenas and stadiums around the world. The market consumption of K-pop is also very fascinating. Neoliberalism plays a key role in the economic prosperity of Korean popular music, as many believe that through globalization, “K-pop” has become a brand of Korea. And thus, without the capitalist mentality, maybe K-pop would not have been able to penetrate various global markets. Arguably, the biggest and most successful aspect of K-pop is the material aspect, as many fans want a variety of merchandise ranging from lightsticks, albums, and clothing to even merchandise that has cartoon versions of their favourite artists. Speaking of economic prosperity, “Chaebol” in Korean translates to a large family-owned conglomerate, and they are mighty within the Korean economy. Chaebols see K-pop as a marketing tactic and use successful groups and K-pop idols to their advantage. An example of a big K-pop influence that the government has turned to profit would be BTS, as they are not only booming globally but also bringing in total revenue of $3.6 billion annually to the country’s economy. As a result of their imminent success, the government and other reputable Chaebols within Korea have launched various advertisement campaigns to bring tourism and added revenue to the country’s national annual income (Lotte, BTS Seoul Tourism AD, Hyundai x BTS, etc.). However, the power of K-pop does not end there, as idols and groups are also used by the government to often create soft-power. An example of this is when they attended the Korea-France friendship summit in Paris back in October 2018 and performed their latest comeback track “Idol” for both Korean and French government officials. Another example of a big K-pop group that has recently been used for soft-power is EXO, during an event after the latest G20 summit in Japan, Trump and his family travelled to Seoul to meet President Moon Jae-in. Fans were shocked to see that alongside President Moon and his wife, the Trump family also met EXO and were gifted with signed albums. On the surface, K-pop may seem very simple and may be viewed to have no depth. However, it is much more than that, as I discussed today. So now, when I view this concert that BTS will be putting on, I appreciate their art even more and am even more proud of them for overcoming years of obstacles to put K-pop on the global market. Thank you, BTS and K-pop, for showing the world that globalization can be used to an advantage and that a country is not always defined by its past, but it’s future, just like South Korea today.

Works Cited

Cruz, L. (2019, July 18). What It's Like to Become a BTS Fan Overnight. Retrieved October 16, 2019, from https://www.theatlantic.com/entertainment/archive/2019/07/bts-paved-the-way-army-fandom/592543/.

Gollayan. (2018, December 18). K-Pop band BTS brings $3.6 billion a year to South Korea. Retrieved October 16, 2019, from https://nypost.com/2018/12/18/k-pop-band-bts-brings-3-6-billion-a-year-to-south-korea/.

Han, G.-S. (2007). Multicultural Korea: Celebration or Challenge of Multiethnic Shift in Contemporary Korea? Korea Journal, 47(4), 1–32. doi: 10.25024/kj.2007.47.4.32

Jin, D. Y. (2016). New Korean wave: transnational cultural power in the age of social media. Chicago: University of Illinois Press.

Lie, J. (2012). What Is the K in K-pop? South Korean Popular Music, the Culture Industry, and National Identity. Korea Observer, 43(3), 1–25.

Méndez, B. (2017, August 1). Seo Taiji & Boys Pioneered Socially Conscious K-Pop for Groups Like BTS. Retrieved October 16, 2019, from https://www.vice.com/en_ca/article/7x95gz/seo-taiji-and-boys-pioneered-socially-conscious-k-pop-for-groups-like-bts.

Pae, P. (2019, August 29). South Korea's Chaebol. Retrieved October 16, 2019, from https://www.bloomberg.com/quicktake/republic-samsung.

*(Image used is my own!)

#globalization1a03 #globalization #kpop #bts

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velmaemyers88 · 5 years ago

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A new trade war is brewing among US allies Japan and South Korea — Quartz

Japan and South Korea, two of the US’s closest allies in Asia, are locked in a trade dispute that threatens both crown jewel Samsung Electronics and the global smartphone supply chain.

On July 1, citing national security concerns, Japan placed restrictions on exports to South Korea of three chemical materials crucial for the manufacture of semiconductors and screens used in smartphones and televisions. That poses a huge headache for companies like Samsung, SK Hynix and LG Display, which rely heavily on Japan, the most important source for the chemicals globally. Tokyo’s official statement said that some South Korean companies weren’t properly managing the chemicals, while a Japanese report said some supplies may have ended up with North Korea. Seoul disputes that, and says it has enforced trade restrictions on sensitive materials and on North Korea.

The dispute could escalate next week, when Japan is due to make an announcement on whether it’s removing South Korea from a list of the country’s preferred trading partners, which would require Japanese firms to obtain additional export verifications on hundreds of products before selling them to Korean companies. The US has said it has no plans to mediate between its two allies, vital to its aims of balancing China and addressing the threat from North Korea, and called for them to “sit down and talk.” But bilateral talks have failed to yield progress and yesterday (July 16) Seoul rejected Tokyo’s proposal of third-party arbitration.

In the short term, Japan’s move hasn’t hurt the companies’ share prices—in fact investors are hopeful the spat could reduce the oversupply of chips (paywall) that has been driving down chip prices and earnings for Samsung and others. Since the companies have some inventory of the materials on hand, it could take a few months for the impact on customers of South Korean chips and screens, such as Apple and Huawei, to become clearer.

Japan’s actions parallel US moves to restrict Huawei’s access to its supply chain, by blocking American companies from doing business with the Chinese smartphone and telecom equipment maker in May, also citing national security concerns. That move was relaxed (paywall) after presidents Donald Trump and Xi Jinping met on the sidelines of the G20 summit hosted by Japan, and agreed to restart trade talks to address their tensions.

The roots of this spat, though, are far older than the US-China economic rivalry or security concerns, and the relationship between Korea and Japan is a complex one, weighed down by their 20th century history. South Korea’s rancor relating to the occupation by Japan from 1910-1945, and wartime oppression that included forcing Koreans into prostitution and to work in factories in Japan, remains deep, and many feel Japan hasn’t atoned enough for the past. Those wounds fester in spite of contemporary ties that have seen Korean TV shows, pop stars, and beauty trends become hugely popular in Japan, while Korea sends the most tourists to Japan, after China.

Relations have spiraled downward since a South Korean Supreme Court ruling last year ordering Nippon Steel, Japan’s largest steelmaker, to pay nearly $90,000 to a surviving worker, and to the families of three other Koreans forced into labor during World War II. Other judgments against Japanese companies for forced labor claims have followed, and more cases are in South Korean courts. Tokyo’s stance is that the issue of compensation was addressed with a 1965 treaty that normalized the relationship between the two countries, and saw Japan give hundreds of millions of dollars in aid and loans.

A notice at a Seoul store urges shoppers to boycott Japanese products.

Then, Japan Times, the oldest English-language newspaper in the country, sparked outrage late last year when it announced it would replace the term of “forced labour” with “wartime laborers,” a move that critics say aligns the paper with Japanese prime minister Shinzo Abe’s agenda of reshaping wartime history.

South Korean president Moon Jae-in has described the situation as “an unprecedented emergency,” and though South Korean companies say they are looking for alternate supplies, the two countries’ technology sectors are closely intertwined.

“I am unsure how Korea will be able to replace Japan’s inputs for their finished products,” said Bryan Mercurio, an expert on international trade law at the Chinese University of Hong Kong. “Likewise, I can’t see an easy export replacement for Japanese products, and do not believe domestic companies will be able to absorb all the components.”

Credit: Source link

The post A new trade war is brewing among US allies Japan and South Korea — Quartz appeared first on WeeklyReviewer.

from WeeklyReviewer https://weeklyreviewer.com/a-new-trade-war-is-brewing-among-us-allies-japan-and-south-korea-quartz/?utm_source=rss&utm_medium=rss&utm_campaign=a-new-trade-war-is-brewing-among-us-allies-japan-and-south-korea-quartz from WeeklyReviewer https://weeklyreviewer.tumblr.com/post/186349681892

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reneeacaseyfl · 5 years ago