Korea24 – 2022.08.05. (Friday)

News Briefing: South Korea’s first lunar orbiter, Danuri, has successfully been launched into outer space. It is now on its designated trajectory to the moon. (Koo Hee-jin)

In-Depth News Analysis (Weekly Economy Review): Economics Professor Yang Jun-suk from the Catholic University of Korea joins us in the studio to discuss South Korea's 6.3% inflation in July, the steepest rise in almost 24 years. We also discuss the government and dairy farmers being at odds over a pricing system for milk. And we also look at the government's controversial plan to end the mandatory shutdown rules for large supermarkets.

Korea Trending with Walter Lee:

  1. Lee Yong-soo, a survivor of Japan’s wartime sex slavery, was injured as she was dragged away by security personnel at the National Assembly on Thursday, as she attempted to meet with U.S. House Speaker Nancy Pelosi. (펠로시 만나려던 이용수 할머니 부상)

  2. An Iraqi man reportedly threw a bundle of cash worth 22 million won into the air in a street in Seoul’s Nowon District on Thursday night. (노원구 거리서 현금 2200만 원 뿌린 외국인…직접 분실신고)

  3. Hollywood superstar Brad Pitt will be visiting South Korea for the first time in 8 years later this month to promote his latest film “Bullet Train.” (브래드 피트, 8년 만에 내한)

Movie Spotlight: The Korean blockbuster season is in full swing, and we review two out now in cinemas this week. Film critics Jason Bechervaise and Darcy Paquet provide their thoughts on “Hansan: Rising Dragon (한산: 용의 출현)”, a prequel to the 2014 smash hit “The Admiral: Roaring Currents”, and the air-disaster movie “Emergency Declaration (비상선언)”.

Next Week From Seoul with Richard Larkin:

  • The South Korean government is expected to announce next week measures to tame inflation in preparation for the Chuseok holiday.

  • Foreign Minister Park Jin will visit China next Monday and meet with his counterpart Wang Yi.

  • High jump star Woo Sang-hyeok will compete in a Diamond League event in Monaco next Thursday.