The household debt balance has rapidly increased to approach 1,400 trillion won (US$1.24 trillion) as of the end of June this year. It is estimated the balance may have surpassed the 1,400-trillion-won level by mid-August. As the amount of household debt reaches 90 percent of the gross domestic products (1,637 trillion won at the end of last year), economists began warning the high debt level may pose an obstacle to further growth.According to the Bank of Korea on August 23, the balance of house...

The government is pushing forward with a plan worth US$8 million to help out vulnerable people in North Korea. Meanwhile it won't raise a lawsuit against China with the World Trade Organization in relation to the latter country's retaliatory measures after Korea's decision to deploy the Terminal High Altitude Area Defense (THAAD) anti-missile defense system in its soil. Baek Tae-hyun, spokesperson for the Ministry of Unification, said on September 14, "We are reviewing a plan to give $8 milli...

As the government pronounced illegal on the practice of companies relying on subcontract workers for a long time such as the cases in Paris Baguette and Mando-Hella, the whole industry in shock. This is not just restricted to manufacturers but is spread to services and the food franchise industry as well. The corporate sector expected on September 24 that companies like Tous Les Jours, Samsung Electronics service centers, and LG U+ will likely face the same problem any time soon after the Min...

Hdac Technology AG(Hdac) together with Dream Global Partners (DREAMChain), held a business agreement ceremony on August 16th establishing the foundation of a comprehensive partnership to expand and incorporate blockchain-based real estate enterprises world-wide.The ceremony was held on the 3rd floor of Hdac office building, with Hdac Technology Korea CEO, Michael Yoon, Dream Global Partner’s President, Pietro A. Doran, and Dream Global Partner’s co-founder/Chief Crypto-Economics Officer, Samson ...

On 19 March 2018, a draft Agreement on the withdrawal of the UK from the EU was published. The Agreement’s objective is to set out the arrangements for the withdrawal of the UK from the EU. Amongst these arrangements are the transitional provi...

“Not a Dirty Word”: ESMA revisits the impact of its Opinion on delegation for UK managers if there is a “hard” Brexit In the wake of the draft Agreement on the withdrawal of the UK from the EU, a speech by Steven Maijoor, th...

Background There have been two key documents published which clarify the impact that Brexit will have on the UK takeovers regime. The draft Takeovers (Amendment) (EU Exit) Regulations 2019 (Takeovers Regulations) essentially remove all refere...

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Following a government call to extend flexible working rights to all workers, including non-parents, employment law experts at Eversheds believe the move could prevent tensions arising between workers with children and those without. Research condu...

Taliban militants have killed a provincial police chief and two others in a roadside bomb attack in Khost Province in Afghanistan’s southeast, officials said on May 8.

Georgia summoned its ambassador to Ukraine back to Tbilisi in a sign of its displeasure over Kyiv’s decision to name Mikheil Saakashvili to a government reform body. 

Six Pakistani security personnel, including an officer, were killed in a roadside bomb attack near the South Asian nation’s border with Iran.

President Vladimir Putin marked Victory Day calling for unity and a dignified honoring of those killed during World War II, even as the coronavirus pandemic curtailed the pomp the Kremlin had planned for Russia’s most important secular holiday. 

COMMENT: Want to know how the PM felt about the idea of making the lockdown even tougher on the back of surveys indicating public support for such measures? Or why the Finance Minister lost the battle to open the wage subsidy...

Close contacts of Covid-infected people are now being checked on every day to ensure compliance and see if they have developed any symptoms, Health Minister David Clark says.But an app to complement contact-tracing work was still...

Police are warning Kiwis not to flout the law after hordes took to the beach today despite the country still being at alert level 3. The day started with a "mass" of surfers converging on Wellington's Lyall Bay, and as the weather...

More than 220,000 Somalis have been internally displaced due to armed conflict and natural disasters while facing deadly coronavirus since the start of 2020, the UN Refugee Agency said Friday. “UNHCR, the UN Refugee Agency, fears these multiple, compounding emergencies will lead to devastating consequences unless there is a strong and coordinated response from the […]

The post Conflict, flood left thousands displaced in Somalia: UN appeared first on Horseed Media • Somali News.

Diyaaraddii ku buburtey Berdaale ee nooceedu ahaa xamuulka ayaa la xaqiijiyey in ciidamada Itoobiya ee halkaas ku sugan ay ku rideen hubka lidka diyaaradaha kadibna sidaas ku burburtey. War ka soo baxay AMISOM ee la xiriira baaritaanka wada jirka ah ee la sameynaayey ayaa lagu sheegay in diyaaradda aysan soo ridin ciidamada AMISOM ee ay […]

The post Diyaaraddii Berdaale ku dhacdey oo la xaqiijiyey in Ciidamada Itoobiya soo rideen appeared first on Horseed Media • Somali News.

Email scams are becoming more and more difficult to spot.  Hackers replicate genuine email traffic, posing as genuine suppliers providing invoices that appear genuine.  It is often only when the supplier chases on payment, which as far as...

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Alger -Le projet de r�vision de la Constitution dont les...

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The Wekundu wa Msimbazi winger has been out for a considerable period as he was injured during international duty for the Taifa Stars ......

The legendary Bafana Bafana striker has backed the Amakhosi midfielder, who is facing stiff competition in midfield ......

(MENAFN - EIN Presswire) Coronavirus - Africa: Commemorating Smallpox Eradication � a legacy of hope, for COVID-19 and other�diseases [To enable links... ......

(MENAFN - African Press Organization) [To enable links in your articles, contact MENAFN Click here ] [To enable links in your articles, contact MEN... ......

Two men were arrested Friday in the fatal shooting of a security guard who demanded a woman wear a mask while shopping at a store.

Nearly 1 in 5 U.S. kids are obese, according to the latest national data.

Following the European and Belgian legislation on anti-money laundering, all Belgian enterprises that are not natural persons (companies, non-profit organisations, trusts, fiducies and similar entities) are obliged to register their ultimate benefic...

Overview On 28 November 2019, the European Banking Authority (“EBA”) published its final guidelines[1] on information and communication technology (“ICT”) and security risk management (EBA/GL/2019/04) (the “Guidelines&r...

Introduction One of the many implications of the Coronavirus outbreak is a renewed focus on contract terms that allow suppliers early warning of customer financial difficulty. However, for suppliers of IT, English insolvency legislation prevents tho...

The director of cartels in the EU’s antitrust department, Eric Van Ginderachter, stated last week that the food sector in Europe will see increased cartel enforcement activity in 2014 by the European antitrust regulator, the European Commission (“Co...

Pensions Regulator publishes details of first enforcement action for auto-enrolment non-compliance The Pensions Regulator has published its first section 89 report relating to breaches of the aut...

European Commission aims to level the playing field between suppliers and large customers by introducing recommendations on unfair trade practices The European Commission recently adopted a Communication encouraging EU Member States to look at ways ...

The Act of 15 December 2016 on Counteracting Unfair Use of Contractual Advantage in Trade of Agricultural and Food Products came into force and effect on 12 July 2017. The law confers additional powers on the President of the Office of Competition a...

We are delighted to share with you our latest Consumer sector Thought Leadership report ‘Reshaping your business: The impact of sustainability on the food and beverage sector’. In this latest report we focus on the environmental aspects ...

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In recent years, there have been growing concerns over backdoor listings and shell activities in Hong Kong as a result of which new businesses have been able to be listed without going through the listing requirements contained in the Rules Gover...

The Rules Governing the Securities on The Stock Exchange of Hong Kong Limited (the “Listing Rules”) impose certain disclosure obligations on listed issuers when they engage in different types of corporate transactions. However, it has be...

For listed and traded UK companies with a 31 December year end, the COVID-19 pandemic and the potential  for further tightening of restrictions on gatherings and travel in the UK raise particular issues as they enter into reporting and AGM seas...

1. Upcoming German Annual General Meetings season 2020 A lot of German corporates have traditionally lined up their annual general meetings (AGM) for May, June and July. In the wake of the co-rona virus crisis, the boards of a large number of compa...

Employment law considerations Whilst considering the health and safety recommendations implemented by the Government, the Occupational Safety and Health Act 2005 (OSHA), also establishes legal principles guiding employers and employees in dealing wi...

Background The ongoing coronavirus pandemic is a public health crisis which has quickly developed into a deep economic crisis. Many businesses, particularly those in the retail, leisure and hospitality sectors, are facing a complete and indefinite c...

  Discover how coronavirus is impacting AGMs for Hong Kong listed companies with this COVID-19 briefing from global law firm Eversheds Sutherland With the recent surge in the number of coronavirus disease 2019 cases in Hong Kong, this has prese...

When the economic situation deteriorates, when the financial situation becomes strained, when the granting of credit becomes more difficult, being able to provide effective collateral in order to obtain cash from lenders is more important than ever ...

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