Park Raeyeol Reporter
[email protected]I hope that a fair society, a fair economy, and a fair culture take root.
Claims have emerged that Incheon City Secretary-General Jeon Gi-eun sent a condolence account in her own name to reporters and others while notifying them of her grandmother's death, raising the possibility of violating the public official …
Financial regulators announced on the 4th that they will conduct an emergency review of the security systems across the entire financial sector in response to the recent chain of cyber intrusion threats. The Financial Services Commission an…
Kim Sang-wook, mayor of Ulsan Metropolitan City, stated that if a police investigation clears him of suspicions regarding his private life, including alleged prostitution in the Philippines, the politicians who raised the doubts should take…
An active-duty police officer was detained through an undercover investigation after using artificial intelligence (AI) to create sexual exploitation content by compositing the face of an acquaintance and distributing it on Telegram. The Cy…
![[Contribution] Competition Enforcers Need the Virtue of Prudence](/en/nrs-content/uploads/sites/2/nrs_media/2026/10/20261008111041002001_001.webp?v=1791591167)
Florence is not only the birthplace of the Renaissance but also the birthplace of mercantile capitalism. In the late thirteenth and fourteenth centuries, the Florentines invented “double-entry bookkeeping, marine insurance, partnership with…
![[Contribution] Forward Guidance Has Overstayed Its Welcome … the Fed's Focus Right Now Should Be on Prices](/en/nrs-content/uploads/sites/2/2026/10/20260829112520001001_002_thumb.webp?v=1791457830)
With the unchanging picture of the Tetons as our backdrop, we are here to survey an economic landscape that is anything but static. It wasn't so long ago—in the run-up to the crisis of 2008 and over the decade that followed—when economists …
![[Contribution] Deregulating in a Financial Boom: What Could Go Wrong?](/en/nrs-content/uploads/sites/2/2026/10/20260607093338001001_002_thumb.webp?v=1791445189)
The U.S. economy relies on a strong and stable banking system that extends credit to households and businesses. Today I want to share with you a few thoughts on the Federal Reserve's role in overseeing the banking system and supporting fina…
![[Contribution] Consumers Do Not Need to Understand Engine Mechanics, but They Do Need to Know the Full Price](/en/nrs-content/uploads/sites/2/2026/10/20260313164652001001_002_thumb.webp?v=1791457860)
The Commission plays a vital role in making markets work by fostering competition, facilitating consumer choice, and promoting innovation. The Trump-Vance Commission, under Chairman Ferguson's leadership, is focused on making markets work b…
![[Contribution] The Days of Unjustified Noncompete Agreements Are Over](/en/nrs-content/uploads/sites/2/nrs_media/2026/10/20261008111121002001_001.webp?v=1791591173)
As you all know, in September of last year, the FTC requested public comment on noncompete agreements. Because I believe that many noncompete agreements likely violate our antitrust laws, I asked for the public to help us identify potential…
Taihan Cable & Solution and KG Steel have established a strategic partnership centered on the subsea cable business. Taihan Cable & Solution (CEO Song Jong-min) announced on the 19th that it signed a mutual investment agreement with KG Stee…
A balloon filled with trash, sent by Kim Jong-un, fell on a domestic airport, delaying over a hundred aircraft takeoffs and landings. Rep. Kwon Yeong-jin, the People Power Party secretary of the National Assembly's Land, Infrastructure and …
Kim Jeong-ho, a Democratic Party of Korea lawmaker on the National Assembly's Committee on Industry, Trade, Resources and SMEs, said on the 22nd that, according to documents submitted by the Korea SMEs and Startups Agency, the budget for th…
Hanwha Systems has succeeded in developing and testing the performance of ISL (Inter Satellite Link), a laser communication device for low-orbit satellites. Hanwha Systems announced on the 15th that it successfully completed the 'first medi…
It has emerged that the Drone Operations Command experienced 20 instances of drone crashes or malfunctions in the roughly one year since its establishment. These incidents occurred while operating high-cost drones, each costing close to 30 …
![Regarding the article "[Exclusive] Gangneung Science & Industry Promotion Agency 'charges ahead' to contract despite 'substandard product proposal' suspicions"](https://www.faireconomy.news/en/nrs-content/themes/nrs-theme/assets/images/no-image.svg?v=1789803526)
This newspaper reported on June 24 in an article titled "[Exclusive] Gangneung Science & Industry Promotion Agency 'charges ahead' to contract despite 'substandard product proposal' suspicions" that the Gangneung Science & Industry Promotio…
