Lee Jae - myung, a South Korean presidential candidate, is frightened by the prosecution.An investigation battle that began before the election.
2022-01-25
Category:South Korea
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Presidential candidate afraid of arrest by prosecutors.
Meanwhile, Democratic Party presidential candidate Lee Jae-myung said yesterday, "If I lose this time, I will be sentenced to prison for making a crime."Lee said in a speech on the side road of Seokchon Lake in Songpa-gu, "The prosecution republic will be held.The fear of the prosecution republic is not just the sound of the wind, but the sound of the wind coming before us.It's really scary."
Suspicious Department Store.
Lee's eldest son (29) is suspected of gambling and buying money.Lee was found guilty of violating the public election law for making false statements about his brother's forced hospitalization after the 2018 governorial election.Despite the crisis of losing his job, the Supreme Court reversed his decision.The Supreme Court justice, who acquitted at the time, was found to have been an advisor to a company involved in the Daejang-dong scandal after retirement, raising suspicions that he had an affair with an actress and a criminal record of drunk driving.
The Public Prosecutor's Office is targeting candidates for enemy positions.
Under the Moon Jae In administration, a public investigation office was set up to separate the investigation of high-ranking government officials from the prosecution, but Moon Jae In was criticized for protecting itself by establishment this organization.Yoon criticized the prosecution for investigating Lee Jae-myung's rival, Yoon Seok-yeol, and even investigating his phone records.
Lee Jae-myung said he would be sent to prison if he lost the election, but the left-wing government wants to arrest Yoon Seok-yeol by using the Public Prosecutors' Office.
POINT He seems to be frightened by the fear that what he is trying to do will eventually come to himself.In Korean politics, retaliation using prosecution power is common.
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[related article]
Japan - South Korea relations, in which historical issues arise.Korea is rejecting Japan, which is becoming a historical issue.
What is the Japan-South Korea issue?It's a historical issue.This is a historical issue 77 years ago.The Japanese government established a joint research committee on Japan-South Korea history to make it a historical issue, not a political one, but South Korea rejected it halfway.So what will happen if Japan-South Korea relations are segregated before and after World War II?Japan and South Korea established diplomatic relations in 1965, and there was no public cultural exchange until the Japan-South Korea Joint Declaration in 1998.Japan-South Korea relations ignore the 1965 agreement, the Japan-South Korea Joint Declaration, and various other promises made by Japan and South Korea, and continue to deal with historical issues more than 77 years ago, regardless of culture or economy.
I don't know why Korea, which continues to cry out for historical issues, refuses to accept the Japanese government's attempt to turn it into a historical issue into a historical issue.Korean politicians often use the term "two-track strategy," but it is only a false diplomacy from the perspective of Japan.Japan has already proposed a two-track strategy.It is not the idea of using what is available, but simply separating historical and political issues.
The Japan-South Korea Joint Research Committee on History, which was established under the Koizumi administration, is currently not active at all.How will this solve the historical problem?
[Korea] A major failure in the nuclear phase - out policy highlighted by the rise in electricity prices - Passing the blame on to the people and giving them cold water.
South Korea will raise electricity prices
Korea Electric Power fell into a large deficit
Moon Jae-in's obvious mismanagement
Is the Fukushima prefecture product a commotion to distract people?
Countries with anti-Japanese spinal reflexes
The day you regain your composure
The South Korean government has decided to raise household electricity rates by 5 won per kWh starting in July. This year's additional measures are expected to raise prices by about 15%.
KEPCO posted an operating deficit of 5.86 trillion won last year, the largest in its history. The deficit in the first quarter of this year was already 7.8 trillion won, and unless the tariffs are raised, the annual deficit is expected to reach 20 trillion to 30 trillion won. Therefore, the idea is to transfer that deficit to the people as usage fees.
The Moon Jae-in government is being held responsible for its policy of ``phasing out nuclear power without increasing electricity rates.'' KEPCO, which had a surplus of several trillion won, became a loss-making company under the Moon government. During the five years of the Moon administration, KEPCO's debt increased by 41 trillion won. There are reports that if we phase out nuclear power, electricity costs will have to rise by 2.6% every year, and by 40% by 2030.
Korea Electric Power is South Korea's public power company. Japan's ban on importing seafood from Fukushima, the release of treated water into the ocean, and the controversy surrounding athletes' meals at the Tokyo Olympics are all efforts to cover up the failures of energy policy under the Moon Jae-in administration and distract the public. It looks like it was a festival.
They completely ignore scientific evidence, create sensationalism, and link it to anti-Japanese sentiment. When this happens, the Korean people lose their cool and become overheated. This is the result of anti-Japanese education, and is like an anti-Japanese switch that the South Korean government often uses.
The anti-Japanese mood seems to have eased somewhat with the arrival of the Yun Seok-Yeong administration, but will the public bear the burden of the Moon Jae-in administration's failures in energy policy, which will further dampen the anti-Japanese fervor? Regarding the causal relationship between cause and effect, in Korean society the problem shifts to Japan. Japan has nothing to do with the failure of energy policy. Even if people say things have calmed down, I feel like it's already too late.
[South Korea] If you have the world's highest household debt, you don't have enough disposable income - If you don't spend money, it's just bad manners.
Private/government debt 254%
Household debt is 104.2% of GDP
Global trend of interest rate hikes
Mortgage reduces disposable income
A traveler who just has bad manners
In a statement distributed in advance of the conference, Professor Ham Joon-ho of Yonsei University Graduate School of International Studies, who served as a member of the Bank of Korea's Financial and Monetary Committee, stated, ``Korea's macro leverage (private and government debt) level has expanded to 254% of GDP. ” he pointed out.
The household debt balance has continued to expand for 16 years, reaching a record high of 1,850.9 trillion won (approximately 176.9871 trillion yen) in the April-June 2021 period. According to a study by the Institute of International Finance (IIF), Japan's GDP ratio was 104.2%, the highest among 37 major countries and regions. Incidentally, the countries other than South Korea are followed by Hong Kong (92.0%), the UK (89.4%), and the US (79.2%).
On the 15th, the Federal Reserve Board (FRB), the central bank of the United States, announced the first major interest rate hike in about 30 years. The policy rate will be raised by 0.75% to a range of 1.50 to 1.75%.
Prior to this, South Korea announced that it would raise its policy interest rate from 1.5% to 1.75% in May. The rate was set at 1.5% in April, making this the second consecutive month of interest rate hikes. This will also be a severe blow to those who are burdened with household debt.
South Korea's per capita GDP is approaching that of Japan. According to the 2021 IMF announcement, Japan's price is $39,340 and South Korea's price is $34,801. However, Japan's household debt is around 66-7%.
Housing loans are the largest component of household debt. The skyrocketing price of land in Seoul continues to skyrocket, forcing many to borrow large sums of money to purchase apartments. As a result, even if GDP and wages rise, most of the money goes toward repaying household debts, resulting in less disposable income. I don't have any money to spend.
Even after salaries are paid, the money goes straight through the tunnel and is returned to financial institutions, where it is returned to the market. This is the reality of GDP per capita in the Korean economy.
As the coronavirus pandemic begins to subside and overseas travel is gradually lifted, travel to Japan is expected to become a boom again in South Korea. It's not that they like Japan. The above reasons are largely responsible for why Japan is chosen as a nearby travel destination.
And just because you come to Japan doesn't mean you have to spend money. There are quite a few groups that find faults, point them out, and complain to each other. It is said that Korean tourists just have bad manners.
South Korean Foreign Minister Park Jin strives to resolve the forced labor and comfort women issue - What does the Korean economy, where the won continues to be weak, demand from Japan?
South Korean Ministry of Foreign Affairs is extremely knowledgeable
South Korea is keen on repairing Japan-Korea relations
Korea's diplomatic techniques that you can't let your guard down
True feelings about getting close to Japan
Excited about swapping
To what extent will the Japan-Korea issue be resolved
Clarify what relationship improvement means
Special treatment is over
South Korean Foreign Minister Park, who is visiting Japan, emphasized that regarding the issue of labor recruitment lawsuits, ``We are making efforts within South Korea to find a desirable solution before cashing out,'' and added, ``The Japanese side also responded with a sincere response.'' I would appreciate it if you could give me that."
Mr. Nukaga, who met with him after the meeting, told reporters that he "intended to respect" the 2015 comfort women agreement that confirmed the "final and irreversible resolution" of the comfort women issue. I made it.
The current Yun Seok-Yue administration appears to be eager to repair relations with Japan. Before he took office as president, he sent a delegation of members of Congress to express his sincerity, and after taking office, the Minister of Foreign Affairs has shown an attitude of fully accepting the intentions of the Japanese side. But don't let your guard down.
The South Korean government's approach so far has been to extract some kind of concession from Japan, take it as a diplomatic credit, and then try to make a temporary move, and the pattern is to come back to it again and again.
Japan should negotiate without losing its stance that there is nothing Japan can do. In reality, the issue of post-war compensation has already been resolved in all agreements between Japan and South Korea.
The Korean won continues to be at a low price with no signs of rising. Due to the impact of interest rate hikes and the Bank of Korea trying to recover the won spent during the coronavirus pandemic, corporate investment will slow down. Since the won is not depreciating as sharply as before, it seems that the price is not falling off a cliff and is managing to cope even with the price dropping to around 1,300 won.
The US Federal Reserve has also begun withdrawing dollars from the market and raising interest rates. The Korean government wants to carry out another swap and looks at the American expression, but its expression remains firm. That's why it's Japan. I would like to somehow conclude a swap with the key currency to provide peace of mind.
Although South Korea has experienced economic growth, its industrial structure is a chaebol economy that generates profits through processing trade through bulk purchases and bulk sales, so domestic demand never grows, and it is greatly affected by exchange rate fluctuations. The national debt is increasing, household debt has exceeded GDP, and land prices in Seoul continue to soar, making it difficult to see when they will rebound. There is nothing wrong with the fact that Won is vulnerable.
The Japan-Korea issue is not just about the forced labor issue or the comfort women issue. In addition to the Takeshima issue, South Korea has broken all of the agreements that Japan and South Korea have concluded to date. The Japan-Korea joint declaration was left blank. The issue of excluding countries from the White List stems from concerns about the transfer of funds to North Korea and third countries.
Just because the issue of forced labor, which is about to be turned into cash, and the issue of comfort women, where statues of comfort women are being erected all over the world, are recent issues, it is normalization because these two issues have been resolved. Would you? In the first place, when South Korea refers to normalization, it means that they want to go back to the days when they were given special treatment.
Why did South Korea become a white country? Why did Japan do swaps during two economic collapses? This is only because Korea was given special treatment. It should be made clear that there will never again be a time when relations are treated as special even though they have been normalized.
Voting for South Korea's unified local elections was held on June 1st, with the ruling party
Local elections won by the ruling party
Local administration launches anti-Japanese movement
The president is the head of the executive branch
Twisted power runs amok
Efforts to improve relationships are always destroyed
Adopts resolution that violates international commitments
South Korea cannot keep its promises
Voting for South Korea's unified local elections was held on June 1st, with the ruling party "People's Power" winning 12 out of 17 regions, and the "Tomo Democratic Party" winning 4 regions including Jeolla Province and Gyeonggi Province by a narrow margin. It is reported that the ruling party won by a landslide, winning only five regions. This appears to be a trend that will lead to a resolution of the kinks between local government, the president, and the cabinet.
The No Japan movement was largely led by local governments. Gyeonggi Province, Seoul City, and Busan City have passed ordinances stipulating ``war criminal company stickers'' or ``restrictions on the purchase of war criminal company products.'' This is a surprising ordinance that places stickers on the products of Japanese companies that have been unilaterally labeled as war criminal companies, and restricts the use and purchase of those products in government agencies and schools.
Local governments in South Korea not only decide local leaders, but also exercise a variety of powers, including issuing ordinances that can lead to diplomatic issues between countries.
Regarding the ban on imports from Fukushima Prefecture, fishing organizations in coastal areas such as Busan are putting tremendous pressure on local governments. This is a local economic issue, and we do not want to import Japanese seafood to South Korea. This is to protect Korean fishing organizations. It is clear from the beginning that this is not a scientific problem.
The president assumes the position of head of the executive branch. Since the president is the head of state who is directly elected by the votes of all citizens, he is given great powers, unlike the prime minister in a parliamentary system.
In a parliamentary system, the leader of the parliament with the largest majority is elected prime minister. Therefore, the Prime Minister, the Cabinet, and the Diet, which is the legislative branch, will not be distorted. If anything could be twisted, the House of Representatives and the House of Councilors would be twisted.
In South Korea, the current president is Yun Seok-Yeol, who ran for office based on ``the power of the people,'' and the Democratic Party of Korea holds 58% of the seats in the National Assembly, the legislative body. In other words, even if the president uses his prerogatives, Congress can pass one bill after another to nullify them.
Substantive exchanges between Japan and South Korea began in 1998, when the Japan-Korea Joint Declaration was signed. Until then, Japanese culture, anime, manga, dramas, etc. had been prohibited in South Korea, but this declaration will lift the ban on these. It was also during this period that Korean dramas and K-POP began to flow into Japan.
Also known as the Obuchi-Kim Dae-jung Declaration, it was a declaration that comprehensively resolved the Japan-Korea issue, including the joint hosting of the 2002 FIFA World Cup between Japan and Korea and the conclusion of a new fisheries agreement regarding the Takeshima issue. It will be deactivated immediately thereafter.
On July 18, 2001, the South Korean parliament passed a unanimous resolution calling on the South Korean government to abolish the Japan-Korea Joint Declaration. Then, a large number of Korean fishing boats appeared near Takeshima, and the territorial issue reignited and continues to this day, and the activities of civil society groups on issues such as the forced labor issue and the comfort women issue further expanded. This is despite the fact that the World Cup was co-hosted by Japan and South Korea in 2002.
Will Congress vote to invalidate the president's diplomatic promises with other countries? Such unbelievable things happen in the South Korean National Assembly.
This has hardly been reported in Japan. Japan was united towards the success of the Japan-Korea joint World Cup. And during the match of this tournament, an incident occurs where Korean players criticize the Rising Sun flag and promote Takeshima as Korean territory. The premise behind this was that South Korea was already trying to revoke the 1998 Joint Declaration.
In South Korea, the president's powers will only be effectively exercised if he wins the presidential election and unified local elections, and the ``power of the people'' wins the national election in 2024.
The issue of South Korean ships conducting investigations around Takeshima shortly before and immediately after the presidential inauguration became a problem. In other words, South Korea is not even equipped to keep its promises..
This is especially noticeable in anti-Japanese groups. In South Korea, members of both the ruling and opposition parties are basically anti-Japanese.. Even if the Diet tries to improve relations with Japan as a matter of policy, if its practical interests are endangered, it will easily turn into an anti-Japanese Diet.
In Japan, if things are twisted, things will not be decided, but in Korea, twisted power begins to run amok. It is an uncontrolled rampage that continues even if international agreements are broken.