president lee jae myung

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    Consultative Meeting Planned Amid Economic Fallout

    Seoul, April 7 – South Korean President Lee Jae Myung is scheduled to hold a meeting with leaders of the ruling and main opposition parties on Tuesday, officials said, as they were expected to discuss measures to mitigate the economic fallout from the war in the Middle East.Lee is scheduled to...
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    South Korea Considers Emergency Economic Decree for Energy Supply

    Seoul, March 31 – South Korean President Lee Jae Myung instructed senior officials on Tuesday to take decisive measures to address concerns about the energy situation caused by the Middle East conflict, stating that the government may issue an emergency economic decree if necessary."South...
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    Rescue Efforts Continue After Daejeon Factory Blaze

    In South Korea, ten people were killed after a fire broke out in an auto parts factory in the central city of Daejeon. Fifty-nine people were also injured in the blaze, which is believed to have been caused by an explosion, while four others remain missing.The Korean Ministry of Interior and...
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    South Korea's President Lee Emphasizes Worker Acceptance in Labor Market Reform

    Seoul, March 19 – South Korean President Lee Jae Myung said on Thursday that it is important to consider the likelihood of workers accepting flexibility in the labor market, while objecting to unilateral sacrifices by workers when companies adjust workplace policies.Lee made the remarks during...
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    South Korea Prepares Supplementary Budget Amid Middle East Concerns

    Seoul, March 12 – South Korean President Lee Jae Myung instructed his aides on Thursday to quickly prepare an additional budget to help stabilize people's livelihoods and promote economic recovery, as the nation's economy braces for the impact of escalating conflict in the Middle East.Lee made...
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