GDP 3.3% Allocation to Be Raised to 5% Defense Against China’s “2027 Armed Unification” Goal Additional Budget Planned, Massive Procurement of U.S.

National pension eligibility needs to be raised to 68 Pension fund projected to be fully depleted by 2065 Employment and wage-system redesign also urgent The International Monetary Fund (IMF) has taken the unusual step of explicitly r

U.S. Commerce Department and USTR Review Alternative Legal Basis to Replace IEEPA Even Conservative Justices Question Presidential Authority Defeat Could Trigger Refunds and a Wave of Litigation The administration of U.S.

Unprecedented Joint Declaration Adopted on Opening Day of G20 Summit European and Asian Leaders Attend Despite Trump’s Boycott Reaffirmation of Multilateralism Against U.S.

Designation of Gwangyang as an Industrial Crisis Response Zone High-value transition deemed essential, but electricity costs render ambitions unattainable Industry frustration mounting over ‘half-measures’ in steel support policy

Witkoff Leads Drafting of the Proposal Ukraine to Cede Entire Donbas and Cut Forces by Half Harsher Terms Than August Alaska Talks A draft ceasefire proposal for the war in Ukraine, jointly prepared by U.S.

Global Shock from Trump’s Tariff Offensive U.S.

The U.S.

Trump’s tariffs largely borne by U.S. firms and consumers 89% of U.S.

Surging Capital Inflows Driven by AI and Big Tech Rally, Hitting Highest Level in Four Years Market Caps of Alibaba and Tencent Surpass U.S.

TSMC’s plan to build a six-fab semiconductor cluster has hit the brakes A cost structure 50% higher than Taiwan and a severe shortage of skilled labor Heavy-handed regulations mean that even six fabs cannot meet U.S.

Record-Long Shutdown Ends, Leaving Deep Scars Q4 U.S.

Revival of the U.S. Semiconductor Supply Chain Arizona as the Epicenter of the U.S.

EU Commission Pressures Member States to Phase Out Chinese Equipment Legal Enforcement Could Trigger Sanctions for Noncompliance With UK, Sweden Already Banning Huawei, Italy and Greece Expected to Follow The European Commission is moving to leg

Celltrion, SK Biopharm, and others are increasing their local production footprint Close watch on ripple effects of Trump’s tariff policy Securing U.S.

Comprehensive operations from wealth management to inheritance and accounting Global family office assets reach $5.5 trillion Dubai establishes infrastructure to attract UHNW individuals The world’s ultra-high-net-worth individual

Fossilized Labor Markets in Korea and Japan Korea’s Labor Productivity Ranks Lowest in the OECD Wages Up 4%, Productivity Barely 1.7% Concerns are mounting that Korea’s rigid labor market is stifling the nation’s economi

Lower Courts Ruled Tariffs ‘Unlawful,’ but Conservative-Leaning Supreme Court Outcome Uncertain “Taxation Is a Core Congressional Power” vs.

Declining labor productivity cuts domestic investment and GDP Even high-value-added sectors like finance and telecoms mired in stagnation Shorter working hours without productivity gains become an economic burden On the 4th,

Shutdown Halts Assistance Programs for Low-Income Families Airports Plagued by Staff Shortages, Flights Delayed or Canceled Republicans and Democrats Locked in a Standoff with No Compromise in Sight The U.S.