By Diplomacy Journal Lee Gil-ju Lured investors with false advertising of a NASDAQ listing... Withdrawals currently suspended - Damages estimated at hundreds of billions of won, with serious impact on ordinary citizens, including the elderly and housewives. Recently, Aifeex LTD, which lured investors with promises of high returns under the guise of an "AI-based automated fund system," has been revealed to be facing a massive redemption suspension, marking the end of a typical Ponzi scam. Aifeex operates in Korea, the United States, China, Japan, Vietnam, Singapore, and Malaysia, raising concer
By Diplomacy Journal Lee Kap-soo KB Bank Indonesia ("KBI"), a subsidiary of KB Kookmin Bank, held "KB Bank Economic Outlook 2026," a forum in Jakarta, Indonesia, on Nov. 27 to forecast Indonesia's economic and political landscape ahead of 2026. The forum was held under the theme "Navigating Indonesia's Next Growth Wave: Economic Outlook and Political Landscape 2026." Key speakers included Luhut Binsar Pandjaitan, Chairman of the National Economic Council (NEC/DEN) and Special Advisor to the President; Pandu Patria Sjahrir, Chief Investment Officer (CIO) of the Indonesian sovereign wealth fund
By Diplomacy Journal Kayla Lee The K-Folk Painting Invitational Exhibition, "Folk Painting, the Beauty of Korea," held in Minsk, Belarus, was more than just a simple exhibition. With over 6,000 local residents in attendance, it was a vivid testament to cultural diplomacy, demonstrating how the warm sensibility and artistic spirit of Korean folk painting transcends borders and permeates the hearts of a nation. Folk painting is a painting born from the everyday lives of nameless people, yet it embodies wisdom, hope, and the desire for peace. Tigers, lotuses, the sun and moon, fortune and longevi
By Diplomacy Journal Lee Gil-ju First Vice Minister of Foreign Affairs Park Yoon-joo, currently visiting the United States, held a with Deputy Secretary of State Christopher Landau at the US Department of State on December 1 (local time), and exchanged views on follow-up measures to the ROK-US summit. This Vice-Ministerial Meeting marked the first high-level meeting between the two countries since the two leaders' mutual visits in August and October. The two Vice Ministers commended the adoption of the Joint Fact Sheet (November 14), which outlines the agreements reached between the two leader