From the first days of its establishment, South Korea’s government has been haunted by political scandals that have shaken the nation to its core. Presidents once hailed as heroes of independence became symbols of corruption and authoritarian rule. What begins … Continue reading
Tag: Ethan DeJacobson
The Fallout of the U.S. Steel Deal
Nippon Steel, or 日本製鉄株式会社 (Nippon Seitetsu Kabushiki Gaisha), was founded in 1950. It originated from two separate companies, Yahata Iron & Steel Co. and Fuji Iron & Steel Co., both established in 1950. A year later, in 1951, Shin-Fuso Metal … Continue reading
The 2024 BRICS Summit: Shaping Global Alliances and Defying Western Narratives
BRICS (Brazil, Russia, India, China, and South Africa) is a term first coined by economist Jim O’Neill in 2001 and later adopted into the lingua franca of economists and recognized by the included countries themselves. The organization is comprised of … Continue reading
IMF Loans: A Blessing or Curse?
In recent times, Pakistan has been recently struggling with crippling economic issues, often on the brink of financial collapse, only to be bailed out by an International Monetary Fund (IMF) loan. The most recent US$7 billion loan agreement mirrors the … Continue reading