For the fourth consecutive month a trade deficit has been posted driven by decline in exports to China, high energy prices and the spiraling import prices of raw materials; the cumulative deficit for Jan-July 2022 is the highest in 66 years

To boost rural tourism, a half-price travel subsidy program will be launched, offering government-backed discounts on accommodations and local experiences to encourage domestic travel and support struggling regional economies

Former President Yoon Suk Yeol was sentenced to life in prison, charged with leading an insurrection as he imposed martial law for a few tumultuous hours on 3 December 2024; some argue it is a sign of a healthy democracy

Chief of the National Office of Investigation reportedly visited China to finalize crime-response cooperation, including tackling phishing and tracking fugitives, extraditing a former Coupang employee suspected of orchestrating a massive data breach

Travel bans have been imposed on three civilians accused of flying drones toward North Korea from Ganghwa, allegedly photographing a Marine base; case widened as links emerged to former presidential staff and military intelligence–related online outlets