The Rise and Fall of WorldCom: Story of a Scandal
By Adam Hayes, Ph.D., CFA of Investopedia, Updated December 26, 2022 What Was WorldCom? WorldCom was an American telecom company. At its height, WorldCom was one of the largest long-distance providers in the United States. The company is best known for being embroiled in one of the largest…
Eva Kaili to spend Christmas in jail, court rules
BY CAMILLE GIJS AND NEKTARIA STAMOULI, The Politico DECEMBER 22, 2022 The former Parliament VP has been locked up amid the Qatargate probe. Eva Kaili will spend the Christmas holiday in jail, a Belgian court ruled Thursday. Following a hearing where Kaili’s lawyers pushed for her to be…
South Korea: RSF concerned by president’s hostile moves against public media
Published on 05.12.2022 by Anthony WALLACE / AFP Reporters Without Borders (RSF) is concerned by South Korean President Yoon’s recent verbal attacks and discriminatory measures against public broadcaster MBC, which threaten the public’s right to information and encourage harassment of journalists. Reporters Without Borders (RSF) calls on South Korean…
Even if your favorite movie star is selling – beware
Investors have always been advised to be cautious, and this is especially crucial in the unregulated realm of cryptocurrencies. The recent collapse of FTX, which was marketed as an easy way for everyday investors to buy, sell, and hold digital currencies, serves as a clear warning for those…
South Korea’s president needs to the learn the basics
Aug 25th 2022 Economist Speaking to the press on his 100th day in office, on August 17th, Yoon Sukyeol could hardly have been less charismatic had he tried. Rattling at breakneck speed through obvious policy ambitions (denuclearising North Korea, mending ties with Japan) and minor accomplishments (attending a…
South Korea pardons Samsung’s Jay Y Lee in bid to revive the economy
By Yoonjung Seo and Gawon Bae, CNN Business The de facto leader of Samsung, Lee Jae-yong, was pardoned by South Korea’s president on Friday for crimes including bribery, allowing him greater freedom to run the smartphone and semiconductor giant. The billionaire was twice sent to prison but had…
Why has the FBI raided Donald Trump’s estate?
by News reporter @LaraKeay, SkyNews It comes amid three separate ongoing investigations into the former president – one in Atlanta for conspiracy to commit electoral fraud during the 2020 election, another in New York into the financial affairs of his real estate company, and a third by a…
Shelling at nuclear power plant
August 6, 2022 By Vasco Cotovio and Tim Lister, CNN Ukrainian officials and international experts have been warning for months of the risk that fighting poses to a sprawling nuclear power plant on the banks of Dnipro River in southern Ukraine. Earlier this week, the global nuclear watchdog…
Poland to buy hundreds of South Korean tanks, howitzers
By Brad Lendon, Yoonjung Seo and Joseph Ataman CNN / July 27, 2022 Poland is buying almost 1,000 tanks, more than 600 pieces of artillery and dozens of fighter jets from South Korea, in part to replace equipment donated to Ukraine to help Kyiv fight the Russian invasion,…
‘Unusual’ death of two Saudi sisters in Sydney
By Mostafa Rachwani, Guardian / July 27, 2022 The deaths of two sisters from Saudi Arabia, found dead in separate rooms in their apartment in Sydney, remain a mystery to police more than a month after their bodies were found. The women, identified as 24-year-old Asra Abdullah Alsehli…
Korean drama “Extraordinary Attorney Woo”
By Patrick Frater, Variety / July 26, 2022 Legal drama “Extraordinary Attorney Woo” is living up to its name following its international success on Netflix. Domestic Korean audiences for the series have spiked, in line with its streaming growth. The drama stars Park Eun Bin as a young female lawyer…
This Ukrainian footballer begged his parents to flee
By Andrew McNicol, CNN / July 3, 2022 Ukrainian professional footballer Aleks Shliakotin begged his parents to flee the country after Russian bombs went off a kilometer from their Kyiv home. But they were adamant they would be fine hiding out in their old apartment in the leafy…
Monkeypox cases confirmed in South Korea, Singapore
By Heather Chen, CNN Singapore has reported the first confirmed case of monkeypox in Southeast Asia during this year’s outbreak — while another confirmed case has been found in South Korea. The case in Singapore involves a British man who was in the city-state between June 15 and…
Japan and South Korea’s Attendance at the Upcoming NATO Summit Could Worsen Global Tensions
By Charlie Campbell June 16, 2022 11:12 PM As the military conflict in Ukraine bogs down on a slice of the embattled nation’s eastern and southern periphery, the geopolitical shift sparked by Russia’s Feb. 24 invasion keeps gaining new ground. This week, it emerged that the leaders of…
Liverpool agonizingly misses out on the Premier League title despite beating Wolves
By Jack Bantock, CNN It was so close and yet so far for Liverpool. As Manchester City trailed 2-0 at home to Aston Villa with just 15 minutes to go, Liverpool knew that — barring a miracle at the Etihad Stadium — a win over Wolves would secure…