KT Loses 50,000 Customers, 60% to SK Telecom

Customer Exodus from KT Sparks Intense Competition in Telecommunications The number of customers who left KT during a four-day period from December 31 of last year to January 3 exceeded 50,000. This significant outflow occurred following an unauthorized micro-payment incident that affected the company. In response, KT announced a temporary waiver of termination fees for…

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South Korea Calls for Calm in Venezuela Amid U.S. Moves

Government Response to the U.S. Actions in Venezuela The government has expressed its concern over the recent developments involving the United States and Venezuela. In a statement, it emphasized that it is closely monitoring the situation, particularly following the U.S. actions against President Nicolás Maduro. The Ministry of Foreign Affairs issued a spokesperson’s statement on…

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Exchange Rate Hits 16-Year Peak

Record Exchange Rate Volatility in 2023 The year 2023 witnessed the most significant intraday exchange rate fluctuations against the U.S. dollar in 16 years, since the aftermath of the 2009 global financial crisis. This marked a period of extreme instability in the foreign exchange market, driven by a combination of macroeconomic and geopolitical factors. According…

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How Ethiopia’s Sea Access Benefits the World

Ethiopia’s Maritime Access: A Win for the Global Community Ethiopia’s pursuit of access to the sea is often viewed through a narrow lens, focusing on national ambitions or regional disputes. However, this perspective overlooks the broader implications of such access for the global community. Ethiopia’s maritime aspirations are not just about economic growth; they represent…

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Nurses Demand End to Health Sector Challenges

Nurses and Midwives Highlight Key Demands for 2026 Nurses and midwives in Nigeria have identified improved working conditions and better remuneration as their top priorities for 2026. They expressed concern over the lack of progress in the health sector, noting that 2025 was marked by more setbacks than advancements. The National Association of Nigerian Nurses…

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