South Korea's Producer Prices Down 0.8% in March
Apr 22, 2020 08:41 am UTC| Economy
Plummeting international oil prices pulled down South Koreas producer prices in March by 0.8 percent from a month earlier. Data from the central bank revealed that the producer price index for services and goods was at...
Historic Oil Crash to Further Hurt Korea's Exports, Key Industries
Apr 22, 2020 08:41 am UTC| Economy
South Koreas exports and its key industries are expected to face more hurdles due to the plummeting oil prices as a result of oversupply caused by the outbreak. Within hours, the price of US crude oil dipped from $18 a...
Korean Government Unveils Scheme to Support Key Industries
Apr 22, 2020 08:38 am UTC| Economy
The South Korean government intends to support companies in key industries via a scheme based on corporate bond purchase that may reach 50 trillion won. Those profits can be shared by the companies with the society...
The green gig economy: precarious workers are on the frontline of climate change fight
Apr 21, 2020 14:53 pm UTC| Economy
Politicians and business people are fond of making promises to plant thousands of trees to slow climate change. But who actually plants those trees, and who tends them as they grow? The hard and dirty work of restoring...
Replacing workers has many costs
Apr 21, 2020 12:46 pm UTC| Economy
The labor market is changing rapidly with the onset of the coronavirus pandemic. Many organizations are laying off almost all of their workers, while others are considering which workers to lay off, which to furlough...
Restarting the coronavirus economy: 4 possible steps
Apr 21, 2020 12:44 pm UTC| Economy
What does a post-pandemic economy look like? Health researchers are indicating that managing this virus will be a long-term game. That means COVID-19 will impact the economy for months, maybe years, but reopening...
Power shortages will remain a big challenge in a post-COVID-19 South Africa
Apr 21, 2020 12:42 pm UTC| Economy
The decline in economic activity precipitated by the spread of COVID-19 and ensuing lockdown in South Africa is also affecting the countrys electricity supply dynamics. The power outages that were disrupting the economy...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects