In recent weeks, there has been significant discussion of whether North Korea has made the fundamental decision to go to war with South Korea. But focusing exclusively on whether Pyongyang has made a strategic decision to go to war in the absence of evidence of an imminent attack takes the focus off other important developments, especially North Korea’s economy and its growing ties to Russia.
South Korean automakers and battery firms are closely monitoring this year's US presidential election and calmly bracing for negative impacts in the case of the Joe Biden administration’s Inflation Reduction Act possibly being repealed in a second Donald Trump term. The IRA, which is intended to boost American manufacturing and keep China in check, offers incentives to buyers of electric vehicles with cert.
South Korea invests big in becoming a global chip leader thestreetjournal.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestreetjournal.org Daily Mail and Mail on Sunday newspapers.
South Korea is striving for dominance in chip production by investing $470 billion in a semiconductor "mega cluster" outside of Seoul. The move comes as the US-China rivalry complicates supply chains.