Trump pressures for rate cut again ahead of FOMC... "Should be the lowest in the world"
U.S. President Donald Trump. [Photo = The White House] U.S. President Donald Trump once again pressured the Federal Reserve, the U.S. central bank, to lower interest rates on the 27th (local time
“Ignoring crisp ballots and damaged seals”… Tongyeong mayoral recount concludes with ‘no change in outcome,’ leaving suspicions and public outrage behind
Suspected counterfeit ballots discovered in Tongyeong [GIF from social media of Representative Hwang Kyo-ahn / Attorney Park Joo-hyun]During a recount of the Tongyeong mayoral election in South Gyeong
President Yoon, regarding the first-instance ruling on the Public Official Election Act: “An excessive political verdict that distorts the facts… We will appeal immediately.”
The first-instance sentencing hearing for President Yoon Suk Yeol regarding violations of the Public Official Election Act is being broadcast live at Seoul Station on the 27th. [Photo=Yonhap News]Pres
WSJ: "SK Hynix ADR Premium Is a Sign of AI Trading Overheat"
Advertisement for SK Hynix ADR listing in New York's Times Square [Reuters=Yonhap News file photo]The Wall Street Journal (WSJ) has pointed out that the price of SK Hynix’s American Depositary Recei
'Godfather of Japanese Mystery Novels' Keigo Higashino Passes Away After Battle with Cancer at 68
Famous Japanese mystery novelist Keigo Higashino [AFP=Yonhap News]It has been belatedly reported that Keigo Higashino, the "godfather of Japanese mystery novels" and author of bestsellers such as "The
[Park Pil-kyu Security Column] To the Ignorant Trying to Clothe a Beast in Sheep's Clothing
Rep. Kim Byung-joo of the Democratic Party of Korea [Photo=Yonhap News]“The Air Force Academy doesn't teach you how to fly a plane!” “The Army, Navy, and Air Force academies are exactly the
The US is the world's largest oil producer… significant profits when oil prices rise.

President Donald Trump stressed on Thursday that preventing Iran, the "evil empire," from acquiring nuclear weapons is far more important than rising oil prices, stating that national security and global stability remain his top priorities amid ongoing Middle East conflicts.
"America makes a fortune from higher Oil Prices because we are the largest oil producer in the world!" Trump wrote on Truth Social on Thursday morning.
He added, "But for me as President, of far greater importance and concern, is preventing the Evil Empire of Iran from having Nuclear Weapons, thereby destroying the Middle East and importantly, the WORLD. We will not let this happen!"
Oil prices have experienced significant fluctuations since the launch of "Operation Epic Fury" on February 28.
On Monday, the international Brent crude oil price experienced a rollercoaster, soaring to near $120 per barrel before dropping into the $80s. Prices have since gradually risen, crossing the $90 mark again on Wednesday.
Despite the volatility, President Trump has argued that the U.S. is in a favorable position to manage any energy disruptions due to its dominant role in oil production.
As part of efforts to stabilize prices, Trump announced that the U.S. would utilize its strategic petroleum reserves if necessary to alleviate energy cost burdens for American consumers.
The current reserves stand at approximately 416 million barrels, a significant decrease from the 638 million barrels held when Trump left office in 2021, after the Biden administration drew down the reserves to respond to rising oil prices.
President Trump has a 60-day window to sustain military operations without congressional approval, and he is in a position where he needs to bring the war in Iran to an early victory to ensure Republicans are in a favorable position in the upcoming November midterm elections.
By NNP Chief Reporter Sung Ku Hong / Special Correspondent for this paper NNP info@newsandpost.com
NNP=Hong Seong-Gu More by this author