South

A week into the United States-Israeli war on Iran, and Iran’s attacks on its Gulf neighbours, Jaya Khuntia spoke – as he often did – to his Doha-based son Kuna on the phone.

It was March 6, about 10pm, and Khuntia and the family were worried. “He told me, ‘I am safe here, don’t worry,’” the father recalled from the conversation with Kuna.

It was the last time they spoke.

The next day, the family in Naikanipalli village of India’s eastern Odisha state received a phone call from Kuna’s roommate telling them that the son had suffered a heart attack after hearing the sound of missiles and debris from interceptions falling near their residence. He collapsed and was later declared dead. Kuna’s body reached home days later.

Al Jazeera cannot independently confirm the cause of Kuna’s death, but the family of the 25-year-old, who worked as a pipe fitter in Qatar’s capital, is among millions across South Asia directly affected by the war in the Middle East.

Of the eight people killed in the United Arab Emirates in Iranian attacks, two were Emirati military personnel, a third a Palestinian civilian, and the remaining five were from South Asia: Three from Pakistan, and one each from Bangladesh and Nepal. All three people killed in Oman were from India. An Indian national and a Bangladeshi national are the only deaths in Saudi Arabia.

Migrant workers from South Asia total nearly 21 million people in the Gulf nations, a third of the total population of the region. At stake, for their families back home, is the safety of their loved ones and the future of their dreams.

The Khuntia family had taken on a 300,000-rupee ($3200) debt in 2025 for the marriages of their two daughters. Kuna’s income in Doha – where he had moved only in late 2025 – of 35,000 rupees ($372) was helping them collect what they needed to pay back the loan. Kuna had been sending back about 15,000 rupees ($164) every month.

“We thought our suffering was finally ending,” Jaya said, his voice trembling. “My only son would say, ‘Baba, don’t worry, I am here.’ He was our only hope… our everything.”

That hope is now extinguished. “That one call finished us,” Jaya cried. “He promised to return after clearing our debts … but he came back in a coffin. We have nothing left now. Losing our only son is the biggest debt we have to live with.”

‘I thought we would be next’

In all, Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE – the six Arab countries in the Gulf – host 35 million foreign nationals, who form a majority of their total population, 62 million.

They include 9 million people from India, 5 million each from Pakistan and Bangladesh, 1.2 million from Nepal, and 650,000 from Sri Lanka. Most of them are engaged in blue-collar work, building or supporting the industries and services that are at the heart of the Gulf’s success and prosperity.

But since the US and Israel launched their war on Iran, these migrant workers have often been among the most vulnerable. That vulnerability extends beyond deaths and injuries to the very nature of their work: Oil refineries, construction areas, airports and docks, where many work, have been targeted in Iranian attacks.

The suspension of work at many of these facilities, coupled with fears of a major economic downturn in the region, has also left many workers and their families worried about the future of their jobs.

Hamza*, a Pakistani migrant labourer working at an oil storage facility in the UAE, recalled a recent attack that he witnessed. “A drone struck a storage unit right in front of us. We were completely shaken. Most of us there are from India, Pakistan and Bangladesh.

“We couldn’t sleep for nights after that. The drone was so close that it could have killed us, too,” Hamza added. “For a moment, I thought we would be next.”

Despite these dangers, he said, leaving is not an option.

“We want to go back, but we can’t,” Hamza said. “Our families depend on us. It’s dangerous here, but if we stop working, they will have nothing to eat. We have no choice.”

Experts say Hamza’s sentiment is common across South Asian blue-collar workers in the Gulf, because of poverty and limited employment opportunities back home.

Imran Khan, a faculty member at the New Delhi Institute of Management working on migration economics, said migrant labourers from South Asia are often driven by desperation to take up jobs in the Middle East. He said Western countries have, in recent years, dramatically raised entry barriers for less-educated blue-collar foreign workers.

“These workers are the worst affected during crises – whether war or natural disasters,” he says. “I have been speaking to several migrant labourers, particularly Indians in the Middle East, and many are living in distress since the conflict began.”

But, like Hamza, most cannot afford to leave, Khan said.

“They cannot simply quit. Their income would stop immediately, and there are very limited opportunities back home,” he explained. “They have families to support, and without these jobs, survival becomes difficult.”

Families – and societies – that depend on remittances

Middle Eastern countries remain a key source of remittances for South Asian nations such as India, Pakistan, Bangladesh, Sri Lanka and Nepal. The remittances these five countries receive from the region, $103bn, are comparable to Oman’s total gross domestic product (GDP).

Just the remittances that India receives from the Gulf, $50bn, are more than Bahrain’s entire GDP. Pakistan receives $38.3bn in remittances, Bangladesh $13.5bn, Sri Lanka $8bn, and Nepal $5bn.

With the recent escalation of conflict in the Middle East, experts warn these flows could be significantly affected, especially if Gulf economies contract and layoffs follow.

Faisal Abbas, an expert in international economics and director at the Centre of Excellence on Population and Wellbeing Studies, a Pakistan-based research institute, said remittances from the Middle East form a crucial economic backbone for South Asian nations, not just families.

“Remittances are a critical pillar for Pakistan and other South Asian economies, and a large share comes from Middle Eastern countries,” he explained. “If the situation worsens, it will not be a positive development for the region.”

Pakistan’s remittances from the Gulf constitute nearly 10 percent of its GDP, about $400bn.

Abbas added that the effect may extend beyond remittance flows. “Migration patterns could also be disrupted. Many workers may return home, while those planning to migrate might reconsider,” he said. “This could further increase unemployment in a region already facing job shortages.”

Unlike Hamza, a number of South Asian workers are planning to return home.

Noor*, a migrant worker from Bangladesh employed at an oil facility in Saudi Arabia, said he no longer feels safe and plans to return home once his contract ends.

“I will never come back here again,” he said. “It’s too dangerous. We can’t even sleep at night. The fear never leaves us.”

Noor said drone attacks had occurred close to his workplace. “We saw it happen in front of us,” he said. “That fear stays with you… It doesn’t go away.”

His family, too, is deeply affected. “My children cry every time they call me. They are scared for my life,” he added.

He said he knows that returning to Bangladesh would mean more economic hardship for his family. But Noor said he had made up his mind.

“I would rather go back and struggle to survive with my family than live here in constant fear,” he said. “At least there, I will be with them.”

*Some names have been changed at the request of workers who fear retribution from contractors for speaking to the media.

South Korea today rolled out the first series-produced example of its homegrown KF-21 fighter. This major milestone in the program also underscores just how quickly it has progressed, with the rollout coming a little over five years since the first prototype of the fighter was unveiled. The development schedule is especially impressive when compared with other new-generation fighter programs, although Seoul has taken some notable shortcuts to meet this aggressive timeline.

An official Republic of Korea Air Force video commemorates the rollout of the first series-produced KF-21:

KF-21 양산 1호기 출고 | 불모의 땅에서 항공 강국으로

The first series-production KF-21 — also known as the Boramae, meaning hawk in Korean — is a two-seater, unveiled in a ceremony today at the Korea Aerospace Industries (KAI) headquarters in Sacheon, southeast of Seoul.

President Lee Jae Myung told guests that the fighter symbolized South Korea’s “aspirations for self-reliant defense,” and said he was committed to establishing the country as one of the world’s top four defense powers.

“South Korea has finally secured weapons to protect peace with its own technology, not only on land and sea but also in the air,” Lee added.

There is no doubt that South Korea is fast emerging as a major player when it comes to defense manufacturing, and, increasingly, this is reflected in high-profile exports, too.

As well as the KF-21, Lee also took time to mention the country’s K9 self-propelled howitzer and Cheongung surface-to-air missile system, both of which have secured lucrative foreign sales. In the military aircraft sector, KAI’s T-50/FA-50 advanced jet trainer/light combat aircraft has also proven a force to be reckoned with in terms of global sales.

Returning to the KF-21, the jet was developed to replace South Korea’s now-retired F-4E Phantom II and still-active F-5E/F Tiger II fighters.

The program was formally launched in 2016, followed by the roll-out of the first prototype in April 2021, and the first flight of a prototype in July 2022. In May 2023, the KF-21 was provisionally judged “fit for combat.”

A total of six prototypes have been built and flown, two of these being completed in the two-seat version of the jet.

Previously announced plans call for the Republic of Korea Air Force (ROKAF) to receive 40 KF-21s by 2028 and have a full fleet of 120 aircraft deployed by 2032.

As to how South Korea got to this stage so fast, it has adopted a notably different approach from other next-generation fighter programs.

The KF-21 has never been billed as a fifth-generation fighter with all of the advanced features and capabilities that this entails. Instead, Seoul refers to it as a “4.5-generation fighter jet,” using nomenclature that’s more commonly used to define the new or significantly modernized fighters that appeared from the 1990s onward.

Unlike a ‘true’ fifth-generation fighter, the airframe design of the KF-21 is not primarily driven by stealth, and its level of sensor fusion is at a notably less advanced level than found in the F-35, for example.

For the ROKAF, a more austere fighter is less of an issue, since it is already receiving the U.S.-supplied F-35A.

At the same time, the KF-21 will bring a host of advanced features that wouldn’t be out of place on a more ambitious design.

These include an active electronically scanned array (AESA) radar and infrared search and track (IRST). Its armament will also include beyond-visual-range MBDA Meteor air-to-air missiles with ramjet propulsion and, reportedly, locally produced long-range cruise missiles, too.

There is also scope for further improvements, which would bring the KF-21 up to a standard much closer to a fifth-generation jet.

In its initial form, the KF-21 carries its weapons externally or semi-conformally, although the future Block 3 version of the jet is planned to feature internal weapons bays.

Other advanced versions of the jet are also being considered, including an escort jamming platform, a concept for which was revealed at the rollout ceremony today.

🇰🇷KF-21EJ (Escort Jammer) / KF-21EX (true 5th-generation variant with internal weapons bay) Concept.These concepts were introduced in the rollout ceremony video of the first mass-produced KF-21, showcasing potential future evolutions of the platform—ranging from dedicated… https://t.co/j7BvtoZQ39 pic.twitter.com/PRaAJHZWbW

— 笑脸男人 (@lfx160219) March 25, 2026

South Korea is also embracing the concept of crewed/uncrewed teaming to further enhance the capabilities of the KF-21.

Seoul expects to have its KF-21s working closely with homegrown stealth drones, as a means of boosting the potential of the crewed fighter as well as maximizing “combat mass.” In this regard, the existence of a two-seat version should have particular benefits, with the rear cockpit accommodating a dedicated drone controller. You can read more about the concept here.

In terms of raw performance, the KF-21 is no slouch, either, with claims of better kinematic performance than an F-16C.

By avoiding some of the aspects of fighter development that traditionally consume exorbitant time and funds, KAI has managed to leapfrog many other potential rivals. At the same time, a gap of five years between the rollout of the prototype and the first series-produced example compares to roughly 11 years between the first flight of the prototype X-35 Joint Strike Fighter and the first flight of the first full-production airframe, F-35A AF-6.

On this day in 2011, AF-6 took off. 🚀 #DYK: AF-6, the first production F-35, completed its first flight on Feb. 25, 2011.

Today, this fifth-generation fighter continues to evolve, ensuring allied forces stay ahead of any threat. pic.twitter.com/3Dj2mz1ss7

— F-35 Lightning II (@thef35) February 26, 2025

For Russia, too, there was a full 10 years between the first flight of the prototype T-50 in 2010 and the first flight of the first full-production Su-57 Felon airframe in 2020.

That’s not to say that the KF-21 hasn’t faced any problems. In particular, there has been a tricky relationship with Indonesia, which joined the program as a junior partner before becoming locked in disputes over costs and workshares.

According to the latest reports, Seoul plans to sign a deal to export 16 KF-21s to Indonesia. Today, President Lee also said that South Korea would seek other partner nations to further strengthen the competitiveness of its defense industry, perhaps also including the KF-21.

Increasingly, South Korea is developing a wide range of locally made air-launched weapons, avoiding reliance on arms imports and, at the same time, allowing Seoul to offer these for export itself without facing potential restrictions like the U.S. government’s International Traffic in Arms Regulations (ITAR).

With South Korea’s growing pedigree as a supplier of higher-end arms, the KF-21 could well become a very attractive export prospect. In the meantime, however, the rollout of the series-produced jet brings the first delivery to the ROKAF a step closer and, with it, underscores the continued modernization of the air arm.

Contact the author: thomas@thewarzone.com

March 25 (Asia Today) — South Korea’s unification minister called for a shift in policy toward “peaceful coexistence” with North Korea, emphasizing that the approach does not mean abandoning unification but rather institutionalizing peace on the Korean Peninsula.

Unification Minister Chung Dong-young made the remarks Wednesday during an academic conference co-hosted by the ministry and a state-run research institute, where officials and experts discussed ways to end hostilities and establish a lasting peace framework.

Chung said Seoul should redesign its Korean Peninsula policy with peaceful coexistence at the center, arguing that formalizing stable relations between the two Koreas could open the door to broader dialogue.

“This is not about giving up unification, but about institutionalizing peace,” Chung said. “If peaceful coexistence is established politically, economically and legally, any issue between the two sides can be addressed.”

He added that discussions among relevant countries on building a peace regime, alongside a basic inter-Korean agreement, would be key to resolving long-standing tensions.

Chung also described North Korea’s recent push for a “two hostile states” framework as a structural shift that should be turned into an opportunity to move beyond confrontation.

“We must end the hostility and conflict that have devastated inter-Korean relations and create a relationship where there is no need to fight,” he said.

The minister avoided directly using the term “North Korea” during his remarks, instead referring to “the North” and its formal state name, a choice some analysts interpret as reflecting a more conciliatory tone.

Chung reiterated that the Korean Peninsula remains technically at war and said the starting point for peace is formally ending the conflict. He stressed that improving relations between Pyongyang and Washington would be essential and urged North Korea not to miss opportunities for dialogue with the United States.

He also said the South Korean government would act as a “pacesetter” to help sustain momentum for U.S.-North Korea talks while fulfilling its role as a key stakeholder in peninsula affairs.

At the same event, former intelligence chief Seo Hoon underscored the continued relevance of a “top-down” approach centered on leader-level diplomacy.

“The more uncertain and difficult the conditions, the more powerful summit diplomacy becomes,” Seo said, calling for a potential fourth meeting between U.S. and North Korean leaders.

Seo noted that past summit diplomacy led to repeated exchanges between former U.S. President Donald Trump and North Korean leader Kim Jong Un, arguing that even limited agreements or renewed dialogue could be meaningful steps forward.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260325010007733

As the United States-Israeli war with Iran sends tremors through the global economy, the poorest members of the Global South are the most exposed to the fallout.

In Asia, Africa and the Middle East, developing economies are bearing the brunt of surging energy costs prompted by the closure of the Strait of Hormuz and attacks on oil and gas facilities across the Gulf.

From Pakistan to Bangladesh and Sri Lanka, through to Jordan, Egypt and Ethiopia, policymakers are facing the double whammy of being both heavily dependent on imported energy and having limited financial firepower to absorb the shock of spiking prices.

In Pakistan, which imports about 80 percent of its energy from the Gulf and has lurched between economic crises for years, authorities have scrambled to roll out measures to conserve fuel.

Facing the depletion of the country’s petrol and diesel reserves within weeks, officials have closed schools, introduced a four-day working week for government offices, ordered half of the country’s public sector employees to work from home, and slashed fuel allowances for official business.

Pakistani Prime Minister Shehbaz Sharif said last week that he had decided against a proposed hike in petrol and diesel prices before the Eid Al-Fitr celebration, saying the government would “bear the burden” of rising costs.

Sharif’s announcement came after the government had earlier this month approved a 55 rupee ($0.20) rise in the price of a litre (0.26 gallons) of petrol or diesel.

While government subsidies have helped cushion the blow for the public, there are fears that petroleum prices will surge and bring economic activity to a halt if the war drags on, said S Akbar Zaidi, the executive director of the Institute of Business Administration in Karachi.

“The overall shock is quite severe, although it has not been fully passed on to consumers and to industry,” Zaidi said.

“I expect the next few weeks to make things far worse once the disruption and price factors pass through.”

In Bangladesh, which imports about 95 percent of its oil and is expected to run through its fuel reserves within days, petrol pumps in some districts have run dry despite the introduction of fuel rationing.

Sri Lanka, which imports about 60 percent of its energy needs and is still reeling from an economic meltdown that began in 2019, has declared every Wednesday a public holiday and introduced a mandatory fuel pass for vehicle owners to conserve petrol and diesel, stockpiles of which are projected to run dry within weeks.

In Egypt, one of the biggest energy importers and among the most indebted economies in the Middle East, the government has ordered malls, shops and cafes to close by 9pm on weekdays and 10pm during weekends, and cut back on public lighting.

Facing growing pressure on public finances due to the government’s heavy subsidisation of fuel prices, Egyptian officials on March 10 announced price hikes of between 15 and 22 percent for petrol, diesel and cooking gas.

While acknowledging the burden on the public, Egyptian President Abdel Fattah el-Sisi said the move was necessary to avoid “harsher and more dangerous outcomes”.

“For a majority of developing economies, especially those already grappling with debt and high import dependence, they are facing a potent mix of inflation, currency pressures and fiscal strains,” said Yeah Kim Leng, a professor of economics at the Jeffrey Cheah Institute on Southeast Asia at Sunway University in Kuala Lumpur, Malaysia.

“The hardest hit are net energy and food importers, especially those with fragile macroeconomic foundations and pre-existing vulnerabilities that typified countries with low per capita income and high poverty rates,” Yeah added.

Pakistan, Bangladesh, Sri Lanka, Jordan, Senegal, Egypt, Angola, Ethiopia and Zambia are among the most at risk, according to a recent analysis by the Washington-based Centre for Global Development, which looked at factors including dependence on fuel imports, public debt levels and foreign exchange reserve/import ratios.

Currency depreciation

The weakening of many developing countries’ currencies against the US dollar – the result of investors buying the greenback amid heightened geopolitical uncertainty – has compounded the situation by further driving up costs.

“Countries such as Indonesia and the Philippines have already seen their currencies at near record lows even before the start of the conflict, making imports, including oil, much more expensive,” said Azizul Amiludin, a non-resident senior fellow at the Malaysia Institute of Economic Research in Kuala Lumpur.

Much as the fallout of the war poses particular challenges for governments in developing countries, the effect on citizens is disproportionate, too.

In less advanced economies, citizens spend much more of their pay cheques on fuel and food, leaving them more exposed to rising living costs.

At the same time, governments in developing countries have less capacity to provide a safety net for those at risk of falling through the cracks.

“In vulnerable economies, governments often attempt to shield their populations from price hikes by subsidising fuel and food,” said Yeah, the Jeffrey Cheah Institute professor.

“However, with depleted fiscal buffers and shrinking revenues, this becomes unsustainable. The ensuing austerity, combined with hyperinflation, can trigger widespread social unrest and a full-blown fiscal crisis.”

With the US and Israel barely a month into their war and no clear timetable for its end in sight, many analysts expect things to get worse before they get better.

Khalid Waleed, a research fellow at the Sustainable Development Policy Institute in Islamabad, said rising transport costs would soon be felt at supermarket checkouts.

“Diesel is the backbone of Pakistan’s freight and agricultural economy,” Waleed said.

“Trucking costs have started climbing, and that will feed into everything from flour to fertiliser in the weeks ahead.”

Once Pakistan’s wheat harvest gets under way in April, food prices could spike well beyond their current levels, Waleed said.

“Combine harvesters, threshers, tractors for haulage from field to market, and the trucks that move grain from fields to flour mills and storage facilities all run on high-speed diesel,” he said.

“For a country where wheat flour is the single largest item in the food basket of the bottom two income quintiles, this is not a marginal concern,” Waleed added.

“If diesel prices stay elevated through April and May, Pakistan will harvest its wheat at the most expensive input cost in years, and that cost will transmit directly into food inflation at a time when households have almost no capacity left to absorb further price shocks.”

COLUMBIA, S.C. — Monday night served as a litmus test for ninth-seeded USC to see how a program on its way back to prominence measured up against top-seeded powerhouse South Carolina.

The Trojans were no match in the frontcourt against South Carolina, suffering 101-61 season-ending loss in the second round of the NCAA tournament.

South Carolina’s Joyce Edwards and Madina Okot got going early, scoring nine of the Gamecocks’ first 11 points. South Carolina would finish the game with 60 points in the paint. Edwards finished the game with 23 points and 10 rebounds and Okot had 15 points and 15 rebounds.

USC freshman Jazzy Davidson, who scored a phenomenal 31 points in her NCAA tournament debut Saturday against Clemson, missed her first two shots. But she recovered and found some offensive rhythm, finishing with 16 points. Kennedy Smith picked up the slack in the first half, scoring nine of USC’s first 15 points. Unfortunately, she struggled after that and finished four for 15 from the floor.

Londynn Jones was a spark off the bench for USC, finishing with 20 points to lead the Trojans.

South Carolina, meanwhile, will play No. 4 Oklahoma in the Sweet 16 on Saturday.

Davidson hit a three with 3:54 left in the first half that seemed to give the Trojans some life despite a 14-point deficit. However, things just got worse — USC (18-14) turned it over six times before halftime. South Carolina (33-3), meanwhile, went on a 16-0 run to take a 51-21 halftime lead.

“You know, you can lose, you can not necessarily be as good as a team, but I thought we were conceding,” USC coach Lindsey Gottlieb said after the game. “You don’t need to throw the ball away to the team. We had some careless things that I wasn’t pleased with and just wanted to see a different competitive level in the second half.”

The second half was not easy on USC, with South Carolina forcing three more turnovers in the first three minutes. The Trojans finished with 27 turnovers, which South Carolina converted into 29 points.

USC guard Jazzy Davidson battles South Carolina guard Raven Johnson for a loose ball during the first half of the Gamecocks’ win Monday in Columbia, S.C.

(Nell Redmond / Associated Press)

“They’re an elite defensive team, there’s no doubt about that. They have been all season. That’s definitely a huge part of their identity,” Davidson said of the Gamecocks. “We just had to be tougher with the ball throughout the game. The turnovers were another big thing for us just as a group.”

South Carolina also won the rebound battle 43-27, which compounded USC’s problems.

“I think we needed just a little bit better ball pressure. We just really didn’t box out well, either,” Smith said. “They had a lot of o-boards, I think Okot had about seven in the first quarter, so just trying to limit that is something I don’t think we did very well. I feel like going into the third and fourth quarter we did a little bit better, but we were in a little too deep.”

A tearful Davidson spoke about the influence Kara Dunn and Jones had on her as a player and a person during a short time. She added that said she’s excited to get back in the gym and return next season as an improved player.

USC guard Kennedy Smith drives under pressure from South Carolina guard Ayla McDowell Monday in Columbia, S.C.

(Nell Redmond / Associated Press)

“I need to get better. That’s kind of the bottom line,” Davidson said. “I think, obviously, it’s hard to lose in general, but losing this way really sucks, and I think I could have done a lot better for my team today.”

Gottlieb said there’s no doubt in her mind that Davidson will bounce back. She’ll have the benefit of playing alongside star JuJu Watkins, who sat out this season while recovering from a torn anterior cruciate ligament.

“Jazzy has, in particular, taken on every single thing this season and grown from it. That’s going to be part of her greatness,” she said. “I think she and I will look back at this day when we took a butt-kicking her freshman year in an NCAA tournament, and it will be very, very different at some point. And I think that’s because of how she’s handled every single situation.”

WHILE most Brits are busy planning their summer holidays right now, the clever ones are thinking further ahead.

Club Med has just launched its Winter 2026/27 Sale, and all you’ll need to pay right now is a £150-per-person deposit – but you’ll need to act fast.

Club Med Winter 2026/7 Sale: Pay £150pp deposit

The Club Med sale, which runs until midnight on Friday (27th March), offers tiered discounts across a huge range of sunny destinations for departures between November 2026 and May 2027.

Nobody can be blamed for not thinking ahead to next winter: we’re barely out of the last one, after all.

But this is a great chance to guarantee some much-needed winter sunshine and – just as crucially – futureproof your next big holiday against the rising costs that have been predicted amid surging prices and cancelled flights.

Club Med tends to run very short-term deals on its packages; the last one we spotted was back in February, on ski holidays in the Alps.

In this new flash sale, you can save up to 15% on Superior rooms, while Deluxe rooms, Suites and Villas are slashed by 20%.

SET SAIL

The ULTIMATE family cruise is here – with a water roller coaster & private island

ENDS SOON

Travel brand launches flash sale with 20% off Alps ski holidays – act FAST

Club Med Winter 2026/7 Sale: Pay £150pp deposit

It is particularly good news for families, with kids under six staying for free and the largest discounts applied to high-capacity villas.

There’s also a brand-new South Africa resort available to book, where thrill-seekers can surf the waves or fly over sugarcane fields on a trapeze.

You can even add a safari at the Vikela Safari Lodge to spot Africa’s legendary Big Five game animals (lions, leopards, rhinos, elephants and buffalo).

Families looking for a tropical paradise may prefer Punta Cana in the Dominican Republic, which features a dedicated acrobatics playground and white-sand beaches.

Parents can even treat themselves to the Tiara space, where free Champagne is served every evening from 6 pm.

Couples can escape to Marrakech La Palmeraie, tucked away in Morocco’s oldest palm grove, with tranquil courtyards and top-tier food.

If you want to dodge the noise of the city’s souks, the Riad Luxury Space offers a private oasis for an intimate getaway.

Best of all, you don’t need a huge layout to secure these rates.

A low deposit of just £150 per person locks in the current price, protecting your 2027 holiday budget against future price increases.

Club Med Sun resorts on sale this week

From gorgeous Caribbean islands to bustling desert retreats, there’s a massive selection of world-class resorts included in Club Med’s sale.

• South Africa: Beach and Safari – book here
• Punta Cana, Dominican Republic: All-inclusive paradise – book here
• Marrakech, Morocco: Gateway to the Red City – book here
• Cancun, Mexico: Luxury beachfront – book here
• Maldives: Ultimate island escape – book here

With the 20% discount applied automatically, these high-demand spots are expected to move fast.

If you want to bag a winter sun bargain without the eye-watering price tag, you’ll need to move fast before these deals vanish on Friday.

Amazon slashes Ryanair-friendly cabin backpack

Jetting off with Ryanair soon? Make sure you take the right hand luggage.

Amazon has slashed the cost of an underseat cabin backpack, which is designed in line with the airline’s new free luggage rules.

Pack your luggage in this to avoid getting hit with those pesky extra fees at the gate.

• Taygeer Underseat Cabin Bag, from £18.99 (was £29.99) – buy here

March 22 (Asia Today) — South Korea’s four largest banks are tightening corporate payment guarantees as exporters face mounting pressure from U.S. tariffs and a prolonged period of high exchange rates.

The combined value of guarantees issued by KB Kookmin Bank, Shinhan Bank, Hana Bank and Woori Bank reached 79.2 trillion won (about $59 billion) at the end of last year, up 3.9% from a year earlier, according to financial industry data.

The increase marks a sharp slowdown compared with double-digit growth in previous years, reflecting a more cautious approach by banks amid rising economic uncertainty.

Banks have scaled back new guarantees as U.S. tariff policies weigh on export profitability and a weaker won raises costs for companies. The won-dollar exchange rate has hovered around 1,500 won, adding further pressure on corporate balance sheets.

Payment guarantees, commonly used by exporters, allow companies to secure financing or complete trade transactions by relying on a bank’s credit backing. If a company defaults, the bank assumes the repayment obligation.

Industry data show that firm guarantees – where the amount is fixed and the bank assumes the debt – rose 8.5% to 60.9 trillion won (about $45 billion), while contingent guarantees fell 8.8% to 18.3 trillion won (about $13.7 billion).

Analysts said banks are favoring lower-risk transactions and reducing exposure to more complex contingent guarantees, which are harder to manage.

The slowdown also reflects weaker demand. Large exporters, which drove much of last year’s trade growth, often do not require bank guarantees, while rising delinquency risks have prompted lenders to focus on balance sheet stability.

Looking ahead, growth in guarantees is expected to remain subdued as geopolitical tensions in the Middle East and global logistics disruptions continue to weigh on trade.

A prolonged period of high exchange rates could further increase risks, as most guarantees are denominated in foreign currencies, meaning their value rises in won terms even without new issuance.

Experts say stabilizing the foreign exchange market and expanding trade finance support will be key to preventing broader financial strain on companies.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260323010006560

March 22 (Asia Today) — South Korea should maintain “strategic ambiguity” in responding to U.S. pressure over the Middle East crisis, experts said, as tensions surrounding Iran and the Strait of Hormuz intensify.

The call comes after Donald Trump urged allies including South Korea, Japan and European partners to play a greater role following U.S. and Israeli strikes on Iran, raising concerns in Seoul about balancing its alliance with Washington and broader diplomatic interests.

South Korean officials said they are taking a cautious approach and have not received formal requests from the United States regarding potential military deployment to the Strait of Hormuz.

The government is focusing on assessing the intent behind Trump’s remarks while weighing the risks of deeper involvement in the region.

The Strait of Hormuz, a critical global energy shipping route, has long been vulnerable to disruption. Analysts say any effort to secure maritime traffic would likely require multinational coordination rather than unilateral action.

Foreign ministers from the Group of Seven nations recently condemned Iran’s attacks on civilian infrastructure and said they are prepared to take steps to support global energy supplies, though the timing of any direct action remains unclear.

A Foreign Ministry official said stability in Middle Eastern shipping lanes is vital for South Korea and other major economies, noting that ensuring safe passage is a challenge that cannot be addressed by a single country.

Experts pointed to Japan’s approach under Sanae Takaichi as a potential model. Tokyo has prioritized its alliance with the United States while limiting direct military involvement, balancing energy security, international law and domestic public opinion.

Lee Ki-tae, a senior researcher at the Sejong Institute, said South Korea should similarly avoid automatic military intervention and instead preserve flexibility.

“Maintaining strategic ambiguity allows South Korea to uphold its alliance while avoiding immediate alignment with any one side,” he said.

Park Won-gon, a professor at Ewha Womans University, said logistical and political constraints also support a cautious stance. He noted that deploying naval forces would require parliamentary approval, a process that could take about two months.

He added that evolving and sometimes inconsistent messaging from Washington further underscores the need for careful deliberation.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260323010006558

March 19 (Asia Today) — South Korean game companies are increasingly taking popular intellectual property beyond screens, launching immersive offline experiences to deepen engagement and diversify revenue.

The shift reflects efforts to reduce the industry’s reliance on new game releases, which can drive sharp swings in earnings. By combining well-known titles with venues such as aquariums and theme parks, companies aim to boost profitability while strengthening brand loyalty.

Experiential offerings typically include photo zones, merchandise sales and live events, creating both direct revenue and indirect benefits by encouraging players to return to games. Industry officials say the approach also opens the door to expansion into animation, performances and theme parks.

Devsisters will host “Cookie Run in Lotte World Aquarium: Ocean Adventure” from Thursday through June 7, transforming multiple floors of the aquarium into nine themed zones. The event blends eight signature Cookie Run characters with marine life, offering visitors an interactive storyline.

The exhibition also introduces an augmented reality stamp tour, allowing visitors to play mini-games on their smartphones and receive rewards such as character voice messages. Merchandise tied to the franchise will be sold on-site.

The company plans additional tie-ins, including a collaborative program at the “Sky Run,” a 123-floor vertical marathon at Lotte World Tower on April 19.

Nexon is pursuing a similar strategy with “MapleStory in Lotte World,” running through June 14 in Seoul’s Songpa district. The event features a themed “Maple Island” zone, along with recreations of in-game locations such as Henesys and Arcana.

Visitors can import or customize their in-game characters at dedicated experience zones. The event also includes retro gaming areas and themed products such as a “Red Potion” drink inspired by in-game items.

Other major firms are following suit. Krafton has operated pop-up stores based on “PUBG: Battlegrounds,” while Netmarble has hosted events featuring its “Kungya Restaurants” franchise.

“As pop-up stores, exhibitions and collaborations expand, game-based cultural content will become more diverse,” an industry official said.

— Reported by Asia Today; translated by UPI

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Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260319010005893

March 20 (Asia Today) — South Korea’s arms procurement agency has pledged a sweeping overhaul of its systems and export strategy as it pushes toward the government’s goal of becoming one of the world’s top four defense exporters. The Defense Acquisition Program Administration, or DAPA, is South Korea’s defense procurement agency, and it is now led by Administrator Lee Yong-cheol.

Speaking at a briefing with defense reporters in Seoul on Wednesday, Lee said the agency would press ahead with faster decision-making, stronger export execution and greater technological self-reliance. He said the current moment amounted to a last chance to reform an organization long criticized for inefficiency and delay.

Lee said DAPA’s export drive must go beyond ceremonial overseas trips and focus instead on securing contracts and building practical business outcomes. But he also acknowledged that export growth alone is not enough if the underlying system remains slow and structurally weak.

One of the clearest examples, he said, was the long-delayed KDDX next-generation destroyer program. The project drifted for more than two years as authorities failed to make a policy choice between direct contracting and open bidding, exposing what Lee described as a deeper decision-making problem rather than a regulatory one.

Lee said South Korea also remains behind in drone warfare capabilities. While drones have become central to modern combat, the country’s military systems are still focused largely on reconnaissance, with limited strike and interception capacity and continued dependence on imported core components. He said DAPA plans to rely more heavily on rapid acquisition and early deployment of prototypes to speed fielding.

Defense semiconductors remain another major vulnerability. South Korea depends heavily on foreign technology for key components used in radars, guided weapons and communications systems, a weakness Lee described as an urgent national task. He said the answer lies in building stronger links between the civilian semiconductor sector and military demand while sustaining long-term investment.

Lee also pointed to Canada’s submarine procurement program as a major test of South Korea’s export competitiveness. He said the outlook was not unfavorable but remained uncertain, describing the bid as a national effort involving diplomacy, industry and military capabilities. Yonhap reported Friday that Lee sees the contest as essentially even, with South Korea competing against Germany for a contract covering 12 submarines.

DAPA said it will also seek structural reforms to prevent repeated delays, including penalties for intentional slowdowns and changes to procurement procedures that can trap projects in repeated failed bidding cycles. Lee has instructed staff to move from planning-based administration to execution-based management, with clear deadlines and accountability.

The agency’s challenge now is whether it can turn reform rhetoric into durable institutional change. For South Korea to become a top-tier defense exporter, industry officials say, speed, structure, technology and political resolve will all need to advance together.

— Reported by Asia Today; translated by UPI

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Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260320010006140

March 20 (Asia Today) — South Korea’s Industry Ministry has launched an audit of the Korea National Oil Corp. after about 900,000 barrels of crude stored under the country’s international joint stockpiling program were sold overseas without the state oil company exercising its priority purchase right, according to Asia Today and the ministry.

The oil had been owned by a foreign company and stored at a reserve facility in Ulsan under a program that allows overseas suppliers, including oil-producing countries and foreign firms, to use South Korea’s spare storage capacity. In an emergency, South Korea is supposed to have the first option to buy that oil.

The ministry said the Korea National Oil Corp. did not immediately exercise that right before the crude was sold abroad. It added that the audit would determine whether the company violated internal rules or procedures.

The international joint stockpiling program began in 1999 as part of efforts to stabilize domestic oil supply and demand.

The ministry said any confirmed violations would result in strict disciplinary action.

— Reported by Asia Today; translated by UPI

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Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260320010006239

March 20 (Asia Today) — South Korea’s steel industry faces mounting pressure as Britain moves to tighten import restrictions, adding to growing trade barriers in the United States and Europe. Britain said it plans to cut steel import quotas by 60% and raise the tariff on volumes above the quota to 50% from 25%, with the new measures set to take effect July 1.

The tougher British measures have raised concerns about weaker exports and shrinking profitability for South Korean steelmakers. South Korea exported 640,000 metric tons of steel to Britain last year, accounting for 2.3% of its total steel exports, according to the industry ministry.

South Korean companies including POSCO and Hyundai Steel have shipped products such as heavy steel plate to Britain. POSCO said it is reviewing the situation and plans to respond after Britain releases more details on the affected products and volumes. The industry ministry said the move could violate World Trade Organization rules and the Korea-Britain free trade agreement, which provides for tariff-free steel trade, and pledged to work with London to limit damage to Korean companies.

The British action comes as other major markets also harden their trade defenses. The United States raised tariffs on imported steel and aluminum to 50% in June 2025. The European Union is also pursuing a tougher steel regime that would cut tariff-free import volumes by 47% and double out-of-quota duties to 50%.

The broader protectionist shift has already hurt Korean producers. Industry officials say companies are increasingly reliant on government trade talks as barriers rise across major export markets.

— Reported by Asia Today; translated by UPI

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Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260320010006218

Israeli air strikes target army camps in response to alleged attacks on the Druze community in Suwayda on Thursday.

Israel’s military has said it struck Syrian army camps overnight in response to what it claimed were attacks against the Druze community in the south of the country.

“This was in response to yesterday’s events, in which Druze civilians were attacked in the [Suwayda] area,” the Israeli military said in a post on Telegram on Friday.

“The [Israeli military] will not allow harm to come to Druze in Syria and will continue to act for their protection.”

The Syrian Observatory for Human Rights monitor reported on Thursday that fighting broke out between government forces and fighters from local tribes against opposing Druze factions in the western countryside of Suwayda.

The fighting began after mortar shells fell on areas under the control of Druze factions.

The shelling later hit residential neighbourhoods in the city of Suwayda, sowing panic and fear among residents, the Syrian Observatory said.

Syria’s state-run SANA news agency did not acknowledge the fighting in Suwayda or the Israeli attack.

Violence first erupted in Suwayda on July 13 between Bedouin tribal fighters and Druze groups.

Government forces were sent in to quell the fighting, but the bloodshed worsened, and Israel carried out strikes on Syrian troops and also bombed the heart of the capital, Damascus, under the pretext of protecting the Druze.

Israel had already pushed deeper into Syrian territory following the fall of Bashar al-Assad in December 2024, occupying the buffer zone and saying the 1974 deal with Syria had collapsed.

The latest flare-up between the neighbouring countries comes as war roils the Middle East after the United States and Israel attacked Iran on February 28.

In a speech delivered after the Eid al-Fitr prayers on Friday in Damascus, Syrian President Ahmed al-Sharaa said he is working to keep Syria out of any conflict.

“It is important to remember that Syria has always been an arena of conflict and strife during the past 15 years and before that, but today it is in harmony with all neighbouring countries regionally and internationally,” he said.

He added that Syria stood “in full solidarity with the Arab states”.

March 20 (UPI) — Prime Minister Benjamin Netanyahu said Thursday that Israel “acted alone” in striking Iran’s South Pars gas field, an attack that escalated the war in the Middle East and prompted President Donald Trump to declare that the U.S. ally would not target the site again.

Israel attacked the South Pars field on Wednesday. In retaliation, Iran targeted major Persian Gulf energy facilities of U.S. allies, causing damage to Qatar’s Ras Laffan Industrial City and the United Arab Emirates’ Bab gas field.

The tit-for-tat strikes have edged the region closer to all-out war while soaring the price of oil, leading Trump to state the United States had known nothing of Israel’s plans before it struck the South Pars gas field and to threaten Iran if it attacked Qatar again. He also said Israel would not attack Iranian energy infrastructure unless Iran attacked Qatar again.

Trump’s comments and his administration’s rationale for entering the war have come under scrutiny after reporting challenged his claim that Washington had no prior knowledge of the South Pars attack, while critics accused the United States of being lured into the war by Israel.

Speaking to reporters in English on Thursday, Netanyahu mostly backed Trump’s account, saying “Israel acted alone against the Asaluyeh gas compound,” using the name of the nearby Iranian port and industrial complex that is often used as a shorthand for the gas field.

He did not directly address whether Trump or the United States knew of the attack beforehand, but pivoted to state that further attacks would not occur, as the American president had ordered.

“President Trump asked us to hold off on future attacks, and we’re holding off,” he said.

The press conference was held following reporting, including by CNN, citing U.S. and Israeli officials who said the attack had been conducted in coordination with the United States.

It was also held as accusations mount that the United States was dragged into the war by Israel. After the United States launched initial attacks with Israel on Feb. 28, Secretary of State Marco Rubio told reporters that it was a preemptive strike to reduce U.S. casualties and deaths because they knew Israel was going to strike Iran and believed Tehran would retaliate against American forces.

The Trump administration has attempted to thwart the notion that Israel forced the United States into war, with officials repeatedly stating that Trump’s decision to attack was not influenced by others.

Netanyahu echoed this sentiment.

“Does anyone really think that someone can tell President Trump what to do? Come on,” he said. “President Trump always makes his decision on what he thinks is good for America, and may I add, I think what is also good for future generations.”

March 17 (Asia Today) — South Korea’s government has launched a major initiative to foster domestic artificial intelligence semiconductor companies, committing tens of billions of dollars as part of a broader national investment plan.

The Ministry of Science and ICT and the Financial Services Commission held a public-private meeting in Seoul on Tuesday to introduce the so-called “K-NVIDIA Project,” a strategy aimed at building globally competitive AI chipmakers.

Under the plan, the government will allocate 30 trillion won (about $22.5 billion) to artificial intelligence and about 21 trillion won (about $15.8 billion) to semiconductors from a 150 trillion won ($112.5 billion) National Growth Fund to be created over five years.

Officials said the initiative is designed to nurture homegrown AI chip firms capable of competing with global industry leaders, strengthening South Korea’s position in next-generation technologies.

Participants at the meeting included Deputy Prime Minister and Science and ICT Minister Bae Kyung-hoon, Financial Services Commission Chairman Lee Eun-won and Korea Development Bank Chairman Park Sang-jin, along with executives from local AI semiconductor firms.

Industry representatives from companies such as FuriosaAI, DeepX, Mobilint, HyperExcel and Rebellion also attended the session.

The meeting brought together government officials and private-sector leaders to discuss investment strategies, technological development and policy support for the emerging AI semiconductor ecosystem.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260317010005198

Wave of Israeli air attacks launched as ground offensive widens in south where Hezbollah are fighting Israeli forces.

Israel has attacked a building in Bashoura, a neighbourhood in the heart of Beirut, Lebanon’s National News Agency (NNA) reported, with a blast and smoke rising over the area shortly after Israel issued an evacuation threat for the site.

The attack was part of a deadly wave of Israeli strikes across Lebanon that killed at least 20 people and wounded 24 on Wednesday, according to the country’s Ministry of Public Health, with raids stretching from the capital through southern and eastern parts of the country, a devastating front in the wider United States-Israel war against Iran embroiling the region.

At least six people were killed in the air strikes in Beirut, with dozens injured.

Al Jazeera’s correspondent in Beirut, Zeina Khodr, reported that intense Israeli attacks hit multiple regions across Lebanon, including central Beirut, overnight.

Speaking from in front of a 15-storey building struck in one of the attacks, Khodr said its lower floors had been targeted a week earlier. In the early hours, however, the structure was completely demolished, with the Israeli army claiming Hezbollah had stored cash there.

“You can see the widespread damage across this whole neighbourhood,” Khodr said.

Israel’s military said it had launched what it described as limited ground operations in southern Lebanon, issuing evacuation threats for residents of four towns near the Zahrani River and the Tyre area, warning them to head north immediately.

Lebanon’s NNA also reported strikes on Tyre and the nearby area of Al-Burj Al-Shamali in the pre-dawn hours.

At least four people were killed in an Israeli attack that targeted four houses in the town of Sahmar in eastern Lebanon’s Bekaa Valley.

The intensifying assault has now killed at least 912 people in Lebanon, including 111 children, and wounded more than 2,200 since Israel launched its offensive on March 2, according to Lebanese Health Ministry figures.

More than one million people have been forced from their homes. The United Nations warned on Tuesday that Israeli attacks on residential buildings and civilian infrastructure may constitute war crimes under international humanitarian law.

A spokesperson for the UN human rights office said that deliberately targeting civilians or civilian objects “amounts to a war crime”, adding that Israel’s sweeping displacement orders for southern Lebanon may themselves violate international law.

Khodr said that Hezbollah’s secretary general, Naim Qassem, last night laid down conditions for the war to end, including Israel stopping attacks, displaced people being permitted to return to their homes, those detained over the last two years by Israel being released and the Israeli army withdrawing.

Across southern Lebanon, Khodr said Hezbollah was “still present in the area, trying to repel the Israeli army’s advance”, adding that Hezbollah’s aim was not just territorial control of the region, but preventing Israel from gaining new positions in the country.

The conflict was ignited on February 28 when US and Israeli forces assassinated Iranian Supreme Leader Ali Khamenei in Tehran, prompting Hezbollah to launch rockets into northern Israel on March 2.

Israel has since killed more than 2,000 people across Iran and Lebanon in its attacks.

German Chancellor Friedrich Merz, a staunch Israeli ally, added his voice to growing international concern, warning that Israel’s ground offensive in Lebanon was an “error” that risked worsening what he described as an already dire humanitarian situation.

March 16 (Asia Today) — This commentary is the Asia Today Editor’s Op-Ed.

International oil prices and South Korea’s currency are rising sharply again as the Middle East conflict intensifies, raising growing concerns that the country could slide into stagflation.

On March 13, global crude prices climbed back above $100 per barrel, while the Korean won weakened beyond 1,500 per U.S. dollar in overnight trading. The simultaneous surge in energy prices and the exchange rate has heightened fears that South Korea could face a worst-case scenario in which economic growth slows while inflation accelerates.

Such developments threaten to derail the government’s economic targets for the year – about 2% growth and inflation in the 2% range – making emergency policy responses increasingly urgent.

Brent crude futures for May delivery closed at $103.14 per barrel, up 2.7% from the previous day. It was the first time Brent crude exceeded $100 since August 2022.

U.S. West Texas Intermediate (WTI) crude futures settled at $98.71 per barrel, approaching the $100 threshold. Meanwhile, Dubai crude, the benchmark most relevant to South Korea’s imports, surged to $123.50 per barrel, up $34.60 from the previous week.

As oil prices surged, investors turned toward the U.S. dollar as a safe-haven asset. The won-dollar exchange rate closed at 1,497.5 won per dollar in overnight trading, up 16.3 won from the regular daytime session. During trading, the rate briefly rose to 1,500.9 won, crossing the psychologically important 1,500 level for the first time in seven trading days.

The twin surge in oil prices and the exchange rate has been driven largely by escalating tensions in the Middle East.

Iran has openly threatened to block the Strait of Hormuz, a critical chokepoint through which about 20% of the world’s crude oil supply passes. Iran’s new supreme leader, Mojtaba Khamenei, declared a prolonged confrontation in his first official statement on March 12, saying Tehran should continue using the possibility of a Hormuz blockade as leverage against the United States and Israel.

Oil prices, which had briefly stabilized after U.S. President Donald Trump suggested the conflict might end soon, surged again following the statement.

Tensions escalated further after the United States launched airstrikes on Kharg Island, Iran’s largest oil export hub, on March 13. Iran retaliated by attacking the Fujairah port in the United Arab Emirates, a key oil-export route that bypasses the Strait of Hormuz, putting global energy supply chains on alert.

Trump has also urged five countries – including South Korea, China and Japan – to dispatch naval vessels to the Strait of Hormuz, pushing regional military tensions to a new peak.

Economic analysts warn the shock could have serious consequences for South Korea’s economy.

The Korea Development Institute (KDI) warned last week that rising oil prices linked to the Middle East conflict would increase inflationary pressure while weakening economic growth.

The Hyundai Research Institute estimated that if oil prices climb to $150 per barrel, South Korea’s economic growth rate could fall by 0.8 percentage points.

The government is considering a supplementary budget of 10 trillion to 20 trillion won ($7.5 billion to $15 billion) and temporary fuel tax cuts. However, these measures would only offer short-term relief.

A more fundamental solution lies in reducing South Korea’s heavy reliance on Middle Eastern crude oil, which accounted for 69% of total imports last year. Diversifying energy sources by expanding imports from countries such as Brazil and Norway should be pursued urgently.

The government must mobilize every available policy tool – including measures to stimulate domestic demand – to prevent what could become the fourth Middle East-driven oil shock from pushing the economy into stagflation.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260315010004332

March 13 (Asia Today) — South Korean Prime Minister Kim Min-seok met U.S. Vice President J.D. Vance at the White House in Washington on Wednesday to discuss bilateral investment, trade issues and developments on the Korean Peninsula.

The meeting came about 50 days after the two leaders first met during Kim’s visit to Washington in January.

Kim highlighted the passage of a special law supporting South Korean investment in the United States, which cleared the National Assembly earlier this week.

He said the legislation demonstrates Seoul’s commitment to implementing bilateral investment agreements and could contribute to revitalizing U.S. manufacturing and job creation.

Kim added that the measure could also accelerate implementation of agreements outlined in a joint fact sheet between the two countries, including cooperation in areas such as nuclear-powered submarines, nuclear energy and shipbuilding.

Vance welcomed the legislation, saying it provides a legal foundation for implementing investment agreements between the two countries, according to South Korea’s Prime Minister’s Office.

The two sides also discussed cooperation in critical minerals and issues related to non-tariff trade barriers.

Kim explained Seoul’s recent decision to allow U.S. companies to export mapping data from South Korea, describing it as a forward-looking step aimed at strengthening cooperation.

Vance praised the move and said the two countries should continue consultations on non-tariff trade barriers.

Kim also said issues previously raised by Vance during their January meeting – including concerns related to the e-commerce company Coupang and certain religious matters – are now being handled in a stable manner.

Vance said the United States respects South Korea’s domestic legal framework and thanked Seoul for continuing to communicate with Washington on issues of interest to the United States.

The leaders also exchanged views on the Korean Peninsula and reaffirmed that the door remains open for dialogue with North Korea.

They agreed to maintain close coordination on developments related to the peninsula.

South Korea’s Prime Minister’s Office said the meeting helped deepen personal trust between Kim and Vance and is expected to strengthen communication on key bilateral issues.

The office’s statement did not mention whether the two discussed the Section 301 trade investigation launched this week by the Office of the United States Trade Representative targeting several major trading partners, including South Korea.

However, the issue of non-tariff barriers raised during the meeting could be related to that investigation.

— Reported by Asia Today; translated by UPI

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Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260313010003892

March 13 (Asia Today) — South Korean President Lee Jae-myung on Thursday urged citizens to report gas stations that violate the government’s newly introduced fuel price cap, saying public monitoring is necessary to prevent price gouging.

Lee posted a message on the social media platform X on the first day of the petroleum price cap system, asking citizens to report any gas stations charging excessive prices.

“Fuel prices are stabilizing, right? If you see price gouging, please report it,” Lee wrote.

The president also shared a map showing gasoline prices at gas stations in the Siheung area of Gyeonggi Province. The prices ranged from the 1,700 won to 1,900 won range per liter.

The government began enforcing the price cap at midnight Thursday.

Under the measure, refiners’ supply price for regular gasoline is capped at 1,724 won per liter, or about $1.29. The cap for automotive diesel is 1,713 won, about $1.28, and for kerosene 1,320 won, about $0.99.

Lee’s public posting of gas station prices was widely interpreted as a signal that the presidential office is closely monitoring fuel prices.

About 90 minutes before sharing the map, Lee posted another message warning companies against violating the policy.

“Starting today we are fully implementing the petroleum price cap system,” he wrote.

“To stabilize domestic fuel prices amid volatile international conditions, we have set clear upper limits on supply prices.”

Lee also called for citizen participation in monitoring the market.

“If you discover any gas station violating the price cap, please report it immediately,” he wrote. “Public vigilance is necessary to prevent businesses from taking advantage of the situation to earn excessive profits.”

— Reported by Asia Today; translated by UPI

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Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260313010003999

March 12 (Asia Today) — South Korea will impose a temporary price cap on petroleum products starting Friday, setting the first ceiling for gasoline at 1,724 won ($1.29) per liter as the government moves to curb surging fuel prices.

The Ministry of Trade, Industry and Energy said Thursday the “petroleum product maximum price system” will take effect at midnight and apply to fuel prices supplied by refiners to gas stations and distributors.

The first price caps are set at 1,724 won ($1.29) per liter for gasoline, 1,713 won ($1.28) for automotive diesel and 1,320 won ($0.99) for kerosene.

The measure will remain in place for two weeks through March 26 and will be reviewed every two weeks based on fluctuations in global petroleum product prices.

The government said the caps are significantly lower than the average supply prices submitted by refiners on Tuesday. At that time gasoline averaged 1,833 won ($1.37) per liter, diesel 1,931 won ($1.45) and kerosene 1,728 won ($1.30).

Compared with those levels the new caps are lower by 109 won for gasoline, 218 won for diesel and 408 won for kerosene.

Officials said the policy aims to quickly slow the recent surge in oil prices and ease instability in the fuel market.

The price cap will apply only to wholesale supply prices set by refiners rather than the retail prices at individual gas stations. Officials expect pump prices to gradually decline as stations adjust prices once lower-cost fuel enters inventories.

Price changes typically appear two to three days after new supply prices take effect, depending on station inventories, the ministry said.

If refiners incur losses because of the price caps the government plans to compensate them through a post-settlement system. Refiners will submit loss estimates which will be verified through accounting reviews before quarterly compensation payments are made.

Minister of Trade, Industry and Energy Kim Jeong-gwan said the policy would allow limited price adjustments in line with international fuel price trends while preventing excessive increases that diverge from global markets.

— Reported by Asia Today; translated by UPI

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Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260312010003859

COLUMBIA, S.C. — U.S. Rep. Jim Clyburn, the dean of South Carolina’s Democrats, said Thursday that he will run for an 18th House term, a move that could position him as an influential elder statesman in Congress if his party regains the majority in November.

The decision by the 85-year-old lawmaker cuts against calls for generational change within the party. Clyburn is one of several veteran Democrats running again instead of stepping aside for younger politicians whose frustration increased in the wake of President Biden’s failed reelection campaign.

“I’m here today to say I do believe that I’m very well equipped and healthy enough to move into the next term, trying to do the things that are necessary to continue that pursuit of perfection,” Clyburn said at state party headquarters in Columbia. “And so I will run a very vigorous campaign.”

Clyburn is among the oldest Democrats serving in Washington, and the only member of the last Democratic leadership team who is looking to stick around. Former Speaker Nancy Pelosi of California and former Majority Leader Steny Hoyer of Maryland both plan to retire at the end of their current terms.

Clyburn said that he sought counsel from his three daughters before making his announcement. One of them — Mignon Clyburn, a former member of the Federal Communications Commission — said she was concerned about the political vitriol that her father would face in Washington.

“Her interest was in her daddy and what she thought I might be subjected to,” Clyburn said. “When Mignon finally had decided that she could live with it, I’m here.”

Clyburn said he heard from another woman that “‘we don’t listen to them people up there, and you should not. You should listen to the people down here, and we don’t want you to leave.’ And so I’m responding to the people that are here.”

Clyburn served as majority whip and assistant Democratic leader. Remaining in Congress for another term could give him a chance to serve alongside the first Black speaker of the House as Rep. Hakeem Jeffries of New York is in line for the gavel should Democrats win control. Clyburn for many years was the highest-ranking Black lawmaker in the House.

On Thursday, asked about the prospect of being able to advise Jeffries, Clyburn said the two spoke recently about a possible working relationship in the next Congress.

“He expressed an interest in my being a part of his leadership, if we were to take the House back,” Clyburn said. “It made me feel necessary.”

Four years ago, when Clyburn announced his bid for a 16th term, he told the Associated Press that he intended to keep campaigning as long as his health and support from his family remained stalwart.

“I’ve told them, if you ever see that I need to go to the rocking chair or spend my spare time on the golf course, let me know,” he said describing his daughters’ counsel.

Clyburn won his 2024 reelection by more than 20 percentage points. First elected in 1992, he represents the district that sweeps from areas around the capital of Columbia through rural central and eastern counties down to Charleston.

Should he serve an 18th term, Clyburn would become the longest-serving South Carolinian ever in the U.S. House. Time horizons are longer for the state’s U.S. senators, two of whom — Republican Strom Thurmond and Democrat Fritz Hollings — served 48 years and nearly 39 years, respectively.

Filing for election in this year’s elections in South Carolina opens Monday and closes March 30. South Carolina’s primary elections will be held June 9.

Whenever Clyburn does leave office, the competition to be his successor will be fierce. He is the only Democrat representing his state in Washington.

As to whether his 18th term could be his last, Clyburn called that an “open question.”

“I’m looking forward to the day that I can spend more time reading, writing and playing golf, and so this could very well be to my last term,” he said. “And it could very well not be.”

Kinnard writes for the Associated Press.

South Korea said it remains capable of deterring threats from North Korea even if the United States redeploys some weapons stationed on the Korean peninsula to the Middle East amid the war involving Iran.

The comments by South Korean President Lee Jae Myung come after reports that key U.S. missile defence systems and military assets could be moved from Asia to support operations linked to the Iran conflict.

The potential redeployment has sparked concern among Asian allies that shifting military resources could weaken regional deterrence against China and North Korea at a time of heightened geopolitical tensions.

Seoul Says Deterrence Remains Strong

Speaking at a cabinet meeting, Lee acknowledged that reports about the relocation of U.S. military equipment had triggered controversy in South Korea.

He said that while Seoul had expressed opposition to the removal of certain weapons, it could not dictate U.S. military decisions.

However, Lee emphasised that South Korea’s own defence capabilities are strong enough to maintain deterrence against North Korea even if some American systems are temporarily relocated. He noted that South Korea’s defence spending and conventional military strength significantly exceed those of the North.

South Korea hosts about 28,500 U.S. troops as part of the long-standing alliance designed to deter aggression from nuclear-armed North Korea.

Missile Defence Systems May Be Redeployed

Officials have indicated that the U.S. and South Korean militaries are discussing the possible redeployment of Patriot missile defense system batteries to the Middle East.

South Korean media reported that some missile batteries may have already been shipped from Osan Air Base and could be redeployed to U.S. bases in Saudi Arabia and the United Arab Emirates.

There were also reports that parts of the Terminal High Altitude Area Defense (THAAD) system could be moved from South Korea to the Middle East.

While Patriot systems provide lower-tier defence against shorter-range missiles, THAAD systems are designed to intercept ballistic missiles at high altitude.

United States Forces Korea declined to comment on the possible relocation of equipment, citing operational security.

Analysts Warn of Miscalculation Risks

Military analysts say that although South Korea possesses strong military capabilities, the presence of U.S. forces and weapons in the country serves as a crucial signal of Washington’s commitment to the region.

According to Choi Gi-il, a military studies professor at Sangji University, the removal of some systems could carry strategic risks.

He warned that North Korea might interpret the redeployment as a weakening of allied defences and could attempt limited provocations to test the alliance’s response.

North Korean leader Kim Jong Un has recently signalled a more aggressive posture, pledging to expand the country’s nuclear arsenal and describing South Korea as its “most hostile enemy.”

Wider Regional Impact

The redeployment of U.S. assets reflects the broader strategic impact of the Iran conflict on global military posture.

Japan, which also hosts major U.S. bases, has seen two U.S. guided-missile destroyers stationed in Yokosuka deployed to the Arabian Sea to support operations linked to the Iran campaign.

The movements have raised concerns in Tokyo as well, with opposition politicians questioning whether U.S. forces stationed in Japan should be used for operations outside the region.

The developments highlight how the conflict in the Middle East is beginning to reshape global military deployments, drawing resources away from Asia and prompting questions about the balance of security commitments across different regions.

With information from Reuters.