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Navigating user-authorized ‘Wrong-Send’ transactions: Balancing protection and due process Inquirer.net Latest news from around the globe featuring top stories from around the world and breaking news, as it happens.
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War and sanctions deepen Iran’s fuel crisis
1+ week, 4+ day ago (1040+ words) Only days after Washington announced a new round of economic sanctions on Iran, the country’s gasoline shortage has become increasingly visible on the streets. In cities across Iran, drivers are reporting hours-long waits at filling stations. Videos circulating on social…...
Busan’s Haeundae named Korea’s first global tourism zone
3+ week, 5+ day ago (276+ words) Busan’s Haeundae district has been selected as South Korea’s first “global tourism zone,” as the city looks to capitalize on a surge in foreign visitors by turning the beach destination into a year-round place to stay, work and travel. The…...
UAE economy: On the verge of collapse or on way to recovery?
3+ week, 5+ day ago (956+ words) In July, authorities in the United Arab Emirates made a headline-grabbing offer: If UAE residents could entice visitors there between July and October this year, the residents would qualify for a package of perks worth around $800. That was despite the…...
South Korea’s medical tourism continues double-digit growth
1+ week, 6+ day ago (496+ words) SEOUL — Foreign card spending on medical services in South Korea jumped 66.5 percent in July from a year earlier, extending a rapid expansion in the country’s medical tourism industry. Foreign nationals spent 213 billion won ($145 million) on medical services and related products…...
Busan latest to turn to ‘climate insurance’ as extreme weather worsens
2+ week, 6+ day ago (415+ words) More South Korean municipalities are introducing so-called “climate insurance,” a new kind of social safety net designed to compensate residents for some of the health and financial costs of extreme weather. Busan said Sunday that it plans to amend a…...