» by GI Korea February 11th, 2010 at 8:19 am » Comments (6)

If this is true, than the unrest in North Korea after the currency reform that confiscated what little money many North Koreans had, must have been as bad as advertised: The ...more »

» by GI Korea February 4th, 2010 at 5:45 am » Comments (4)

As with anything with North Korea it is hard to say with certainty if this is true or not, but allegedly the North Korean government is backing down from their ...more »

» by GI Korea September 21st, 2009 at 5:28 am » Comments (0)

It is hard to believe that half of Korea's university graduates cannot find a permanent job: Half of university graduates are having a hard time finding permanent jobs, and a rising ...more »

» by GI Korea June 5th, 2009 at 1:00 am » Comments (8)

Reuters has confirmed that Stuart Levey's trip to Seoul was in fact to begin looking at implementing financial sanctions against the North Korean regime: U.S. officials visiting Seoul told South Korean ...more »

» by GI Korea April 21st, 2009 at 4:02 pm » Comments (3)

The Atlantic has a thought provoking article from a former IMF official Simon Johnson about the current American economic crisis and compares it to other countries like South Korea that ...more »

» by GI Korea March 5th, 2009 at 1:18 am » Comments (5)

Well here is some slightly positive news for everyone getting paid in won out there: The South Korean won rebounded slightly but remained at one of its lowest values against ...more »

» by GI Korea March 2nd, 2009 at 2:42 am » Comments (8)

The long awaited 50,000 won note will begin circulating in South Korea: Image via Korea Sparkle A billfold bursting with Benjamins can make you look like a rock star, but sitting ...more »

» by GI Korea February 26th, 2009 at 5:18 pm » Comments (2)

It is almost comical how the US and South Korea can never get on the same page: Trade Minister Kim Jong-hoon says that the South Korean government should stick to the ...more »

» by GI Korea February 20th, 2009 at 10:25 am » Comments (1)

For all you expats working in Korea this is not good news for you, but great news for US servicemembers being paid in US dollars: Korean share prices plunged below eleven-hundred ...more »

» by GI Korea January 26th, 2009 at 11:28 pm » Comments (1)

According the Reuters gambling is the new growth industry in Korea in these lean economic times: Casualties of the economic slowdown in South Korea are turning to gambling on the longshort ...more »

» by GI Korea January 3rd, 2009 at 3:50 am » Comments (19)

If anyone is wondering, it doesn't appear the Korean Won is going to be stabilizing anytime soon: Predicting most worldwide foreign currency trends is, at best, an educated game of ...more »

» by GI Korea December 13th, 2008 at 2:19 pm » Comments (3)

I thought this article about Ecuador defaulting on its international debt was interesting: Ecuador is to default officially on billions of dollars of foreign debt it considers "illegitimate", says President Rafael ...more »