Seoul shares close lower on extended Middle East tension; won sharply down | Yonhap News Agency
OK SEOUL, March 12 (Yonhap) -- South Korean stocks closed lower Thursday amid escalating tensions in the Strait of Hormuz, which triggered extreme volatility in global oil prices. This photo taken March 12, 2026, shows a dealing room of Hana...
(LEAD) National Assembly passes special bill on U.S. investment pledges with bipartisan support | Yonhap News Agency
OK (ATTN: UPDATES throughout with bill's passage; CHANGES photo) By Yi Wonju SEOUL, March 12 (Yonhap) -- The National Assembly on Thursday passed a special bill on South Korea's US$350 billion investment pledge to the United States under a trade...
(LEAD) N. Korea's Kim, daughter test pistols together at munitions factory | Yonhap News Agency
North Korean leader Kim Jong-un fires a pistol at a shooting range on March 11, 2026, during his inspection of a factory for light, portable weapons, accompanied by his daughter Ju-ae, in this photo published by the Korean Central News...
S. Korea posts fiscal surplus of 11.3 tln won in Jan. on increased tax revenue | Yonhap News Agency
OK By Kim Han-joo SEOUL, March 12 (Yonhap) -- South Korea posted a fiscal surplus of more than 11 trillion won (US$7.43 billion) in January due to increased tax revenue despite more expenditures compared with a year ago, the budget...
(LEAD) PM set to visit U.S. for talks on U.N. hub, possible meeting with Vance | Yonhap News Agency
OK (ATTN: UPDATES with possible meeting with U.S. vice president; CHANGES headline) By Lee Haye-ah SEOUL, March 12 (Yonhap) -- Prime Minister Kim Min-seok is set to depart for the United States on Thursday to promote South Korea's bid to...
Industry ministry to double budget to support SMEs affected by foreign import barriers | Yonhap News Agency
OK SEOUL, March 12 (Yonhap) -- The government will double its budget this year to support small and medium-sized enterprises (SMEs) in responding to foreign trade regulations, officials said Thursday, in line with the strengthening trade barriers among major economies....
Korean won falls against dollar amid rising oil prices as Middle East crisis drags on | Yonhap News Agency
OK SEOUL, March 12 (Yonhap) -- The South Korean currency fell against the U.S. dollar Thursday as global oil prices climbed amid concerns about supply disruptions stemming from heightened tensions in the Middle East. Korea, China, Japan, 13 other economies:...
(WBC) RBI leader eyes trip to final for S. Korea | Yonhap News Agency
OK MIAMI, March 11 (Yonhap) -- South Korean slugger Moon Bo-gyeong said Wednesday he didn't fly all the way from Tokyo to Miami just to play one knockout game at the World Baseball Classic (WBC). "Obviously, the goal is to...
Trump says Democrats must cheat to win. What do his supporters think?
March 12, 2026 12:02 AM ET Frank Langfitt How Pennsylvania voters feel about Trump's claims of election fraud Listen · 4:58 4:58 Transcript Toggle more options Download Embed Embed < iframe src="https://www.npr.org/player/embed/nx-s1-5745129/nx-s1-9682517" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">...
S. Korea aims to actively consult with U.S. as Washington opens new trade probe | Yonhap News Agency
OK By Yi Wonju SEOUL, March 12 (Yonhap) -- South Korea will "actively consult with" the United States to ensure that it does not receive unfair treatment, as Washington opened new trade investigations into Seoul and 15 other economies over...
PM set to visit U.S., Switzerland to promote S. Korea's bid to host U.N. hub | Yonhap News Agency
OK By Lee Haye-ah SEOUL, March 12 (Yonhap) -- Prime Minister Kim Min-seok is set to depart Thursday for the United States and Switzerland to promote South Korea's bid to host a U.N. hub for projects related to artificial intelligence...
Nearly 4,000 vehicles shipped from S. Korea to Russia over 3 yrs despite sanctions: customs agency | Yonhap News Agency
OK SEOUL, March 12 (Yonhap) -- Nearly 4,000 vehicles worth a combined 179.6 billion won (US$121.2 million), mostly luxury models, were illegally exported to Russia from South Korea over the past three years despite automotive sanctions, authorities here said Wednesday....
(WBC) Veteran pitcher Ryu Hyun-jin hoping for deep run in knockout round | Yonhap News Agency
OK MIAMI, March 11 (Yonhap) -- Veteran South Korean pitcher Ryu Hyun-jin hasn't pitched in the United States since he left the majors following the 2023 season, and now he will get to reacquaint himself with American surroundings this week,...
Oracle prepares for lay-offs as it hails efficiencies from AI coding tools
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US launches new trade probes into a series of countries and the EU
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Donald Trump’s Iran war tests US voters’ patience as petrol prices rise
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Middle East war live: US to draw down 172mn barrels of oil from SPR as part of global release
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Atlassian cuts 10% of workforce to adapt to AI threat
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The government is investigating new claims that DOGE misused Social Security data
The Social Security Administration's inspector general notified the leaders of several House and Senate committees on Mar. 6 that it is reviewing an anonymous complaint "on matters relating to the potential misuse of SSA data by a former DOGE employee,...
Mexico’s congress rejects Sheinbaum’s electoral reform proposal
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Atlassian lays off 1,600 workers ahead of AI push
Atlassian CEO and co-founder Mike Cannon-Brookes in 2023. Photograph: Bloomberg/Getty Images View image in fullscreen Atlassian CEO and co-founder Mike Cannon-Brookes in 2023. Photograph: Bloomberg/Getty Images Atlassian lays off 1,600 workers ahead of AI push Australian company’s restructuring plan to...
Trump’s revolutionary sense of time is changing politics
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Peter Mandelson’s appointment as ambassador was ‘weirdly rushed’, Starmer aide warned
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(LEAD) Trump says war with Iran will end 'soon' as 'practically nothing left to target': Axios | Yonhap News Agency
President Donald Trump said Wednesday that the war with Iran will end "soon" as there is "practically nothing left to target," according to a news report, as concerns continue over the impact of the conflict on oil prices and the...
S. Korea to release 22.46 mln barrels from oil reserves under IEA release plan | Yonhap News Agency
OK SEOUL, March 12 (Yonhap) -- South Korea plans to release 22.46 million barrels of oil from its strategic reserves in line with an agreement among International Energy Agency (IEA) members to make 400 million barrels of oil from their...
IEA releases record oil reserves to counter Iran war energy shock
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The IEA’s release of record oil reserves to mitigate potential energy shocks from Iran conflict signals a regulatory intervention in energy security, impacting litigation risks related to supply disruptions, contractual obligations in energy sectors, and geopolitical litigation. This policy signal may influence legal disputes over energy supply contracts, force majeure claims, and state-actor liability in international arbitration.
**Jurisdictional Comparison and Analytical Commentary** The International Energy Agency's (IEA) release of record oil reserves to counter a potential energy shock from an Iran war has significant implications for litigation practice, particularly in the context of global energy markets. In the US, courts may increasingly grapple with cases involving price gouging, supply chain disruptions, and anti-trust claims related to oil reserve releases. In contrast, Korean courts may focus on the impact of global energy market fluctuations on domestic industries, such as shipbuilding and petrochemicals, which are heavily reliant on oil imports. Internationally, courts may examine the role of the IEA in regulating global energy markets and ensuring energy security, potentially leading to a reevaluation of international energy law and its implications for litigation. **US Approach:** In the US, the release of oil reserves may lead to an increase in litigation related to energy market manipulation, price gouging, and supply chain disruptions. Courts may apply existing laws, such as the Sherman Act and the Commodity Exchange Act, to regulate the oil industry and prevent anti-competitive practices. Additionally, the release of oil reserves may trigger disputes over allocation, pricing, and distribution, which could lead to a surge in litigation in federal and state courts. **Korean Approach:** In Korea, the impact of the IEA's oil reserve release on domestic industries may lead to increased litigation related to trade, commerce, and energy law. Korean courts may focus on the effects of global
The article’s implications for practitioners hinge on energy-related litigation and geopolitical risk mitigation strategies. While no specific case law is cited, practitioners should consider precedents like *Exxon Corp. v. Governor of Maryland* (1978) regarding state regulatory authority over energy reserves, or *Kivalina v. ExxonMobil* (2012) on climate-related damages as analogs for assessing legal exposure in energy contingency planning. Statutorily, practitioners may reference the International Energy Agency’s mandate under the 1974 IEA Convention, which authorizes reserve releases during supply disruptions, informing compliance or contractual arguments in energy-sector disputes. Regulatory frameworks like the U.S. Energy Policy Act of 2005 may also inform procedural defenses or claims tied to emergency energy interventions.
Proton beam hope for asbestos cancer patients
Proton beam hope for asbestos cancer patients 57 minutes ago Share Save Sharon Barbour North East and Cumbria health correspondent Share Save Sharon Barbour/BBC Peter Littlefield is one of the first mesothelioma patients on the proton beam trial A trial...
This article highlights a potential breakthrough in **medical litigation** and **personal injury law**, particularly concerning **asbestos-related mesothelioma claims**. The trial of proton beam therapy as a treatment could influence future **damages claims** and **liability assessments** if it proves more effective than current standards, thereby altering compensation calculations for victims. Additionally, the ongoing focus on asbestos exposure risks may lead to stricter **regulatory enforcement** and **corporate liability** in industries with historical asbestos use.
### **Jurisdictional Comparison & Analytical Commentary on Proton Beam Therapy for Mesothelioma Litigation Implications** The emergence of proton beam therapy (PBT) as a potential treatment for mesothelioma—an asbestos-related cancer—raises significant litigation and regulatory considerations across jurisdictions. In the **U.S.**, where medical malpractice and product liability litigation involving asbestos exposure is prolific (e.g., *Estate of Barabin v. AstenJohnson, Inc.*), PBT could shift liability dynamics by introducing new standards of care, particularly if clinical trials demonstrate superior efficacy. The **Korean** approach, governed by the *Medical Devices Act* and *Product Liability Act*, would likely prioritize rapid regulatory approval for PBT under accelerated pathways (similar to the U.S. FDA’s *Breakthrough Devices Program*), but with stricter post-market surveillance due to historical asbestos litigation scandals (e.g., *Asbestos Litigation Compensation Scheme*). Internationally, the **EU’s MDR regime** and **WHO guidelines** would frame PBT adoption through a risk-benefit lens, potentially delaying widespread use until long-term data is available, given mesothelioma’s latency period and the need for robust epidemiological evidence. **Implications for Litigation Practice:** - **U.S.:** Plaintiffs may argue that PBT’s adoption establishes a higher standard of care, pressuring defendants (asbestos manufacturers, employers) to
**Expert Analysis for Practitioners:** This article highlights the potential of proton beam therapy (PBT) as an emerging treatment for mesothelioma, a cancer predominantly linked to asbestos exposure. From a **jurisdictional and procedural standpoint**, practitioners should note that mesothelioma claims in the UK (and similar common law jurisdictions) often involve **long-tail exposure cases**, raising complex **statutes of limitations** (e.g., the UK’s **Latent Damage Act 1986**, which allows claims within three years of knowledge of injury). Additionally, **personal injury litigation** in such cases frequently implicates **asbestos exposure trusts** (e.g., the UK’s **Diffuse Mesothelioma Payment Scheme**) and **multi-party actions**, requiring careful **pleading standards** to establish causation and liability under **common law negligence** or **statutory duties** (e.g., **Control of Asbestos Regulations 2012**). For **motion practice**, practitioners should anticipate **Daubert/Frye-style challenges** (in U.S. jurisdictions) regarding the admissibility of PBT efficacy evidence, particularly if introduced in **summary judgment** or **Daubert hearings**. In the UK, **expert witness standards** under **Civil Procedure Rule 35** would apply, requiring robust **cost-benefit analyses** of PBT compared to conventional therapies (e.g., chemotherapy) in **particulars
Binance sues Wall Street Journal over reporting on Iranian sanctions
Photograph: Brent Lewin/Bloomberg via Getty Images Binance sues Wall Street Journal over reporting on Iranian sanctions Journal reported that cryptocurrency exchange shut down internal investigation into transactions with network funding terror groups Sign up for the Breaking News US email...
**Key Legal Developments and Relevance to Litigation Practice Area:** Binance's lawsuit against the Wall Street Journal over reporting on Iranian sanctions allegations highlights the increasing scrutiny of cryptocurrency exchanges under anti-money-laundering and sanctions laws. This development is relevant to litigation practice areas such as white-collar crime, securities law, and international trade law, particularly in the context of cryptocurrency and digital assets. The case also underscores the importance of transparency and compliance in the financial sector, with potential implications for regulatory enforcement and corporate governance. **Regulatory Changes and Policy Signals:** The US government's investigation into Binance's alleged involvement in evading Iranian sanctions and illegal money movement may signal a shift in regulatory priorities, with a focus on cryptocurrency exchanges and their AML/SAN compliance. This development may also lead to increased scrutiny of other cryptocurrency exchanges and their practices, potentially resulting in further regulatory changes and enforcement actions. **Key Legal Issues:** 1. Anti-money laundering (AML) and sanctions laws: Binance's alleged failure to comply with AML/SAN regulations may have significant implications for cryptocurrency exchanges and their ability to operate in the US market. 2. Corporate governance and compliance: The case highlights the importance of effective internal controls and compliance procedures in preventing and detecting financial misconduct. 3. International trade law and sanctions: The alleged use of Binance to evade Iranian sanctions raises questions about the effectiveness of existing sanctions regimes and the need for greater cooperation between governments to prevent illicit financial activities.
**Jurisdictional Comparison and Analytical Commentary:** The recent lawsuit filed by Binance against the Wall Street Journal (WSJ) highlights the complexities of cross-border litigation and the varying approaches to defamation and media liability in the US, Korea, and internationally. In the US, the lawsuit is likely to be governed by the First Amendment, which protects freedom of the press, and the court may apply the "actual malice" standard to determine whether the WSJ acted with reckless disregard for the truth. In contrast, Korean law provides for stricter defamation liability, and the court may apply a more lenient standard to determine whether the WSJ's reporting was defamatory. Internationally, the European Union's defamation laws are more nuanced, with a focus on balancing freedom of expression with the right to a good reputation. **Implications Analysis:** The Binance-WSJ lawsuit has significant implications for litigation practice in the US, Korea, and internationally. Firstly, it highlights the importance of understanding the varying approaches to defamation and media liability across jurisdictions. Secondly, it underscores the need for companies to carefully consider the potential risks and consequences of suing media outlets for defamation. Finally, it raises questions about the role of investigative journalism in holding companies accountable for their actions, and the potential consequences for companies that attempt to silence whistleblowers and journalists. **Comparison of US, Korean, and International Approaches:** 1. **US Approach:** The US has a strong tradition of protecting freedom of the press
As a Civil Procedure & Jurisdiction Expert, I'll provide an analysis of the article's implications for practitioners. **Implications for Practitioners:** 1. **Defamation and Libel Claims:** Binance's lawsuit against the Wall Street Journal may be subject to defamation and libel laws. Practitioners should be aware that the elements of defamation include a false statement, publication, fault, and damages. The Journal's reporting may be protected under the fair report privilege, which allows for the publication of allegedly defamatory statements made in a judicial or quasi-judicial proceeding. 2. **Journalistic Privilege:** The Journal may assert a journalistic privilege to protect sources and confidential information. Practitioners should be aware of the parameters of this privilege and the procedures for asserting it in court. 3. **Anti-SLAPP Laws:** The lawsuit may be subject to anti-SLAPP (Strategic Lawsuit Against Public Participation) laws, which aim to protect individuals from frivolous lawsuits that target their exercise of free speech rights. Practitioners should be aware of the applicable anti-SLAPP laws and procedures in the relevant jurisdiction. **Case Law, Statutory, and Regulatory Connections:** * The case is likely to be governed by federal laws, including the Defend Trade Secrets Act (DTSA) and the Computer Fraud and Abuse Act (CFAA). * The lawsuit may also be subject to the Federal Rules of Civil Procedure (FRCP),
Intel shareholder claims board gave US an equity stake to avoid Trump’s social media attacks
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Based on the provided news article, here's an analysis of the Litigation practice area relevance, key legal developments, regulatory changes, and policy signals in 2-3 sentences: The article suggests that Intel shareholder claims the US government was granted an equity stake in the company to avoid former President Trump's social media attacks, which may have implications for corporate governance and national security law. This development could potentially lead to increased scrutiny of government influence on private companies and raise questions about the boundaries between national security interests and corporate autonomy. The case may also have implications for the application of the Foreign Corrupt Practices Act (FCPA) and the Defense Production Act (DPA).
**Jurisdictional Comparison and Analytical Commentary** The article's claim that the Intel board granted the US an equity stake to avoid Trump's social media attacks raises significant implications for litigation practice in the US, Korea, and internationally. In the US, such a claim would likely be subject to scrutiny under the Securities Exchange Act of 1934, which regulates corporate disclosure and insider trading. In contrast, Korean law, governed by the Fair Trade Commission, may not have explicit provisions addressing similar circumstances, potentially leading to divergent outcomes. Internationally, the EU's General Data Protection Regulation (GDPR) and the UK's Financial Conduct Authority (FCA) may offer a framework for addressing similar allegations, with a focus on corporate governance and regulatory compliance. The Korean and US approaches may differ in their emphasis on shareholder rights and corporate social responsibility, highlighting the need for comparative analysis in litigation practice. **US Approach:** In the US, the Securities and Exchange Commission (SEC) would likely investigate allegations of corporate governance impropriety, including potential insider trading or disclosure violations. The Delaware Court of Chancery, responsible for many high-profile corporate disputes, would also be a key jurisdiction for resolving shareholder claims. The US approach prioritizes shareholder rights and corporate disclosure, which may lead to a more stringent regulatory environment. **Korean Approach:** In Korea, the Fair Trade Commission (FTC) would be the primary regulator for addressing allegations of corporate governance impropriety. The Korean courts, including the
As a Civil Procedure & Jurisdiction Expert, I'll analyze the article's implications for practitioners, focusing on the domain-specific expert analysis of jurisdiction, standing, and pleading standards in Litigation. The article suggests that the Intel shareholder claims board may have given the US an equity stake in Intel to avoid potential social media attacks from former President Trump. This raises questions about the jurisdiction and standing of the US in this matter. In the context of federal jurisdiction, the US government may have an interest in the outcome of this case, potentially justifying federal court jurisdiction under 28 U.S.C. § 1331 (federal question jurisdiction) or 28 U.S.C. § 1367 (supplemental jurisdiction). However, the article does not provide enough information to determine whether the US government has a sufficient interest in the case to invoke federal jurisdiction. Regarding standing, the US government may not have standing to bring a claim in this matter, as it is typically the shareholders who have a direct interest in the outcome of the case. However, if the US government has a sufficient interest in the case, it may be able to establish standing under Article III of the US Constitution. In terms of pleading standards, the article suggests that the Intel shareholder claims board may have given the US an equity stake in Intel to avoid potential social media attacks from former President Trump. This raises questions about the sufficiency of the allegations in the complaint. Under Federal Rule of Civil Procedure 8, a complaint must contain
Cheong Wa Dae denies report on reviving open-to-all bar exam | Yonhap News Agency
OK SEOUL, March 11 (Yonhap) -- The presidential office denied a news report Wednesday that the government is reviewing a plan to partially revive the open-to-all state-run bar exam, abolished in 2017, to license lawyers outside the law school system....