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Posts Tagged With: economy
Lagging Korean Job Market Causes Military Recruiting to Soar
» 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 »A Look at North Korea’s International Finances
» 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 »The Atlantic On Breaking America’s Ogliarchs
» 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 »Korean Won Rises to 1552 to the US Dollar
» 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 »New 50,000 Won Note to Begin Circulation In Korea
» 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 »South Korea Warns Against Protectionism
» by GI Korea February 26th, 2009 at 5:18 pm » Comments (4)
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 »Korean Won Rises to 1506 to the US Dollar
» 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 »As Economy Worsens, Gambling Soars in Korea
» 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 »Korean Won to Continue to Fluctuate in 2009
» 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 »Putting Ecuador’s Foreign Debt Default into Perspective
» 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 »
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