President Lee Jae-myung wants to provide all of South Korea's 51 million people with free, unlimited access to an AI assistant powered by domestic models. The initiative aligns with the state-business collaboration model that has underpinned the country’s development, but it has to contend with the massive costs of the necessary infrastructure.
The International Energy Agency releases 60 billion barrels from the reserves. After seven weeks of decline, share values climb. EU decision to help Greece and Wen Jiabao’s pledge to contain China’s inflation help trend.
The Philippines are turning to the United States to modernize their military. China launches a warning to the U.S., to stay "away" from the region. Chinese diplomacy seeks to calm tensions with Vietnam. But it is open war between the newspapers close to the communist governments of Beijing and Hanoi.
The artist has been released from jail but he is not free. He can not talk to the press and can not leave the house. In a message sent via the Internet to some of his friends he writes: "I can not even go to the bathroom alone." China continues its crackdown on internal dissidence.
Workers in a South Korean-owned plant in Guangzhou and a Japanese-owned factory in Chang’an go on strike to demand higher wages, but above all respect and humane working conditions. They also want trade unions independent of the Communist Party.
Imposing resolutions outside the jurisdiction of the courts in the name of harmony has reduced the courts of justice to simple rooms where the talk about law but don’t apply it. And the Party has transformed the judges into police aides, unable to tell the truth and to respect the law. The analysis of one of the most distinguished scholars of contemporary China.
Fifteen people were arrested on Sunday, joining dozens already under house arrest. Members of the official Three-Self Patriotic Movement took part in the interrogation of those arrested in order to convince them to join their organisation. A campaign of repression is underway against ‘House Churches’.
Soaring food prices are a source of great concern. In some areas, mid-season harvest forecasts are down, especially rice. Banking institutions are also in trouble as nonperforming loans could cost them billions of yuan.
Kim Jong-il’s regime is scared of the small protests that are starting to break out across the country. To defend itself, it is buying clubs and anti-riot gear. As they run out of everything, people are starting to rebel.
This was announced by the official Xinhua news agency for which the police decided to release him after admitting his crimes and for poor health. The dissident had been in jail since April 3.
Almost all food items increase as food inflation reaches 11.7 per cent in May. The surge is especially serious for less affluent families, and is a sign of the government’s inability to contain prices in essential sectors.
As Premier Wen Jiabao prepares to visit Great Britain, Hungary and Germany, Beijing says it will “continue helping European countries” realise stable economic growth. It also pledges to buy Eurobonds. However, China too is facing major economic problems, as its growth slows down and inflation surges.
Torrential rains continue to fall in Hubei and Zhejiang. Floods are the strongest recorded since 1955. The army has evacuated hundreds of thousands of people. The drought in the center and north, east and flooding have caused loss of crops. They are afraid of repercussions on prices worldwide.
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