Today's Morning News December 2nd

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## Today's Morning News Summary (December 2nd) **Economy:** The Bank of Korea expects core inflation next year to stabilize at levels slightly below 2%. November exports increased 1.4%, maintaining 14 consecutive months of growth, but automobile exports shifted to negative due to reduced production and adverse weather conditions. **Politics:** The ruling and opposition parties are signaling an all-out confrontation over next year's budget and impeachment motions against the Board of Audit and Inspection chief and prosecutors. The year-end political landscape is expected to be extremely tense. **Society:** Plans are underway to introduce a feature that blocks access to malicious websites when elderly users activate smartphones. Additionally, floor leader Park Chan-dae announced a two-year postponement of cryptocurrency taxation. **International:** President-elect Trump stated that the United States will respond with 100% tariffs to BRICS nations' attempts to move away from the dollar. Russia announced an invitation for North Korean military units to next year's Victory Day celebration. **Other:** Dongduk Women's University's student council expressed willingness to reconsider lifting the main building occupation if the school apologizes and discusses the coeducation conversion issue. Minister of Trade, Industry and Energy Ahn Duk-geun mentioned the possibility of expanding U.S. oil and gas imports and emphasized the need for supply chain diversification.

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