Category: South Korea
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South Korea’s R&D Budget
South Korea’s President Lee Jae-myung announced on August 22, 2025, that the government plans to allocate a record 35.3 trillion won (approximately $25.2-26.2 billion USD) for research and development (R&D) in 2026, marking a 19.3% increase from the current year’s budget of 29.6 trillion won. What is your most up-to-date and in depth analysis? SKR-01,…
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Lee Tô Summit
On August 11, 2025, South Korean President Lee Jae-myung hosted Vietnamese Communist Party General Secretary To Lam in Seoul for a bilateral summit, marking Lee’s first state visit reception since assuming office on June 4, 2025, following a period of political turbulence including emergency martial law. The leaders committed to nearly doubling bilateral trade from…
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Trump’s Tariff Announcement
President Donald Trump announced on July 7, 2025, that he will impose a 25% tariff on goods from Japan and South Korea, effective August 1, 2025. He communicated this decision through letters posted on his social media platform, addressed to Japanese Prime Minister Shigeru Ishiba and South Korean President Lee Jae-myung. Your assessment? SKR-01, South…
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Tariff Announcement to Japan
President Donald Trump announced on July 7, 2025, that he will impose a 25% tariff on goods from Japan and South Korea, effective August 1, 2025. He communicated this decision through letters posted on his social media platform, addressed to Japanese Prime Minister Shigeru Ishiba and South Korean President Lee Jae-myung. Trump also warned that…
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Lee Jae-myung Victory
Lee Jae-myung, the liberal Democratic Party candidate, won the snap presidential election on June 3, 2025, with exit polls projecting him securing 51.7% of the votes against conservative Kim Moon-soo’s 39.3%. Lee, who took office immediately without the usual two-month transition period, is tasked with restoring stability after former President Yoon Suk Yeol’s impeachment in…