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Doctors’ strike may spell crisis for Seoul

Location:

SOUTH KOREA

President Yoon Suk-yeol’s administration aims to remedy a chronic shortage of doctors in South Korea. Public opinion is firmly behind Yoon, but the KMA has enjoyed past success in…

US interest in unionisation is tentative but growing

Location:

UNITED STATES

The union represents some 340,000 workers at UPS, the largest US package delivery company. The United States is experiencing a rise in strikes and work stoppages espite low union…

Japan’s wage hikes will expand income gaps

Location:

JAPAN

Elevating stagnant wages is Tokyo’s top priority and anti-deflation tool, necessary in creating a virtuous cycle of rising prices and incomes that boosts economic growth.

Swiss elections show falling support for green parties

Location:

SWITZERLAND

The SVP increased its vote share by 2.3 percentage points to 27.9%. The main losers were the Green Party and the Green Liberal Party, which collectively lost eleven seats. The…

Russia’s budget deficit may exceed official target

Location:

RUSSIA

The federal budget deficit target for 2023, set at RUB2.9tn (USD35.8bn), is likely to be exceeded for the second year in a row. Federal expenditure is showing no signs of slowing…

Wages weigh on Japan’s monetary policymaking

Location:

JAPAN

The time may be right to move on from what was designed to combat deflation, and attention is being given to wages for guidance. However, rising prices are not feeding through…

Wagner leader poses a threat to Putin’s Russia

Location:

RUSSIA

On the back of his mercenaries’ success in Ukraine, he has used social media to berate the defence ministry, the general staff and Putin himself, albeit indirectly, as a doddery…

Eastern members risk falling behind rest of EU

Location:

EU

Speaking on the occasion, European Commission President Ursula von der Leyen said that, over the past 20 years, the promise of stability and prosperity has been fulfilled…

Taiwan’s new president will be tested

Location:

TAIWAN

The election was a major milestone for the ruling Democratic Progressive Party (DPP), which won a third presidential term, a first for a Taiwanese party since direct elections…

Strains of war are beginning to show in Russia

Location:

RUSSIA

The invasion of Ukraine is causing strains in Russian society to show, with opposition to another mobilisation and rising appetite for peace talks. The economy is overheating in…