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The storm of six-hour ructions over the emergency martial law abruptly declared by President Yoon Suk Yeol on Tuesday evening can cause serious ramifications for the Korean economy and financial markets.
While upholding fiscal integrity, aid to the vulnerable class and investment for future growth must continue.
It may be not easy to avoid the looming crisis, but at least we should prepare to the utmost to minimize the damage from China.
Bipartisanship is essential in the face of national crisis.
A perfect storm that could wreak bigger havoc than in the past global crises is looming over Korea.
Energy prices are soaring due to war and a disrupted energy supply chain. Prices of crude oil and even cheap energy sources like coal have increased sharply.
Korea JoongAng Daily Sitemap