Sections SEARCH Skip to content Skip to site index Asia Pacific Subscribe Log In Subscribe Log In Today's Paper Advertisement Supported by ByChoe Sang-Hun Aug. 20, 2018 SEOUL, South Korea — When North Korea’s leader, Kim Jong-un, visited a hydroelectric dam under construction last month, he reportedly “flew into a rage” after learning why the dam was still unfinished after 17 years of work. The dam, central to Mr. Kim’s efforts to alleviate his country’s chronic power shortages, suffered from a lack of workers, equipment and materials, Mr. Kim is said to have found, and he learned that officials overseeing the project hadn’t even visited the construction site. “What makes me angrier is that these officials will never fail to miss the opportunity to show their shameless faces and take credit when a ceremony is held to mark the completion of a power plant,” Mr. Kim was quoted by … [Read more...] about Kim Jong-un Focuses on Economy as Nuclear Talks With U.S. Stall
Economy
New premier Imran Khan pledges to restore Pakistan’s economy
ISLAMABAD (AP) — Prime Minister Imran Khan said in his first televised speech in office that Pakistan is in the worst economic condition it has seen and pledged to cut government spending, end corruption and repatriate public funds. A day after he was sworn in, Khan promised reforms across all fields. "I want to see Pakistan a great country" with social services for the poor, Khan said. Khan pointed to the growing divide between the rich and poor and said he would adopt austerity measures to relieve the strain on the economy and tackle the country's foreign debt, over $95 billion. "The interest that we have to pay on our debt has reached a level that we have to take on more debt just to repay our obligations," said Khan, calling on Pakistanis abroad to save their money in the country's banks during this financial crunch. Khan added that his government will also reform the police, health and education sectors, referring to his party's successes in those fields in the Khyber … [Read more...] about New premier Imran Khan pledges to restore Pakistan’s economy
Imran Khan pledges to restore Pakistan’s economy
Zarar Khan, Associated Press Updated 12:36 pm PDT, Sunday, August 19, 2018 window._taboola = window._taboola || []; _taboola.push({ mode: 'thumbnails-c', container: 'taboola-interstitial-gallery-thumbnails-5', placement: 'Interstitial Gallery Thumbnails 5', target_type: 'mix' }); _taboola.push({flush: true}); window._taboola = window._taboola || []; _taboola.push({ mode: 'thumbnails-c', container: 'taboola-interstitial-gallery-thumbnails-8', placement: 'Interstitial Gallery Thumbnails 8', target_type: 'mix' }); _taboola.push({flush: true}); Photo: K.M. Chaudary, AP Image 1of/8 CaptionClose Image 1 of 8 Supporters of Pakistan Tahreek-e-Insaf party headed by Imran Khan, shout slogans on traditional drum beat to celebrate the success of their leader, in Lahore, Pakistan, Saturday, Aug. 18, 2018. Pakistan's cricket star-turned-politician Imran Khan was sworn in as prime minister on … [Read more...] about Imran Khan pledges to restore Pakistan’s economy
It’s the economy, stupid
Chelsea has always been our favorite Clinton, ever since she was going to school here, and keeping her family together through the Washington years. We remember wincing one Saturday night in the 1990s when SNL made fun of her looks, and we hoped the young lady hadn't been watching. We found out from the papers that Chelsea--still in her teens--had been, and her mother called NBC to give them a piece of her mind. Call it Hillary Clinton's finest hour. Even though she is, as we say in these latitudes, a full-growed woman now, there's still a special place in the hearts of many Arkies for Chelsea Clinton. We hope she takes this criticism as constructive: Don't bring up economics when extolling the benefits of abortion. It's unseemly. Chelsea Clinton was at something called a Rise Up for Roe event, which is an unfortunate name to begin with. The kids killed by that decision will never rise up. They'll never awake. Most won't even cry. At this meeting of the (pro-abortion) minds, Chelsea … [Read more...] about It’s the economy, stupid
Belarusian leader Lukashenko fires Cabinet as economy tanks
Updated 6:37 am CDT, Sunday, August 19, 2018 window._taboola = window._taboola || []; _taboola.push({ mode: 'thumbnails-c', container: 'taboola-interstitial-gallery-thumbnails-4', placement: 'Interstitial Gallery Thumbnails 4', target_type: 'mix' }); _taboola.push({flush: true}); Photo: Sergei Grits, AP Image 1of/4 CaptionClose Image 1 of 4 FILE - In this file photo taken on Sunday, Oct. 11, 2015, Belarusian President Alexander Lukashenko speaks to media at a polling station after voting during the presidential election in Minsk, Belarus. Alexander Lukashenko has appointed a new prime minister Saturday Aug. 18, 2018, and carried out a significant reshuffling of the government. less FILE - In this file photo taken on Sunday, Oct. 11, 2015, Belarusian President Alexander Lukashenko speaks to media at a polling station after voting during the presidential election in Minsk, Belarus. ... … [Read more...] about Belarusian leader Lukashenko fires Cabinet as economy tanks