Tag Archives: economy

Korean exports plunge 32.8% over one year

exportsjan09

Source: JoongAng Daily

The picture above pretty much speaks for itself.  Korean exports are hurting right now.  This is the biggest drop, 32.8%, over one year since statistics started being compiled in 1980.  As a heavily export dependant nation, Korea needs to find a solution fast.

Korean Blogger Arrested For “Malicious Rumors”

chosun-ilbo
Picture courtesy of Chosun Ilbo

Source: Korea Beat

A blogger in South Korea, only known as “Minerva,” was recently arrested for posting ”malicious rumors” saying that the economy would collapse.  I won’t argue about whether he should have wrote what he did, but that brings up an interesting question.  What is free speech?  Are we allowed to write what we want on the Internet?  Where do we draw the line?

I have found the word “freedom” is defined different in Korea and in America (not saying one is better than the other).  I tend to defend a persons’ right to post his thoughts (malicious or otherwise).