President highlights growth fund as he seeks parliamentary backing for record budget
The Korea Times's headline. Reported by The Korea Times.
What The Korea Times reported
President Lee Jae Myung on Monday highlighted a proposed 162 trillion won ($120.83 billion) growth fund backed by additional tax revenue from the semiconductor boom, as he sought parliamentary approval for next year’s record 820.9 trillion won budget. Speaking at the National Assembly, Lee also outl
The publisher's own words, quoted for review. Every outlet carrying the story is listed below with its link.
President highlights growth fund as he seeks parliamentary backing for record budget. President Lee Jae Myung on Monday highlighted a proposed 162 trillion won ($120.83 billion) growth fund backed by additional tax revenue from the semiconductor boom, as he sought parliamentary approval for next year’s record 820.9 trillion won budget. Speaking at the National Assembly, Lee also outl Covered by 1 publications. The Korea Times: President highlights growth fund as he seeks parliamentary backing for record budget.
Who is covering it
- The Korea Times South Korea President highlights growth fund as he seeks parliamentary backing for record budget President Lee Jae Myung on Monday highlighted a proposed 162 trillion won ($120.83 billion) growth fund backed by additional tax revenue from the semiconductor boom, as he sought parliamentary approval for next year’s record 820.9 trillion won budget. Speaking at the National Assembly, Lee also outl 3 h ago · Tier 3
Headlines and excerpts are the publishers' own, shown under quotation for review and linked to the originals.
More from Politics
Lee to address National Assembly on next year's gov't budget
According to The Korea Herald, President Lee Jae Myung was set to address the National Assembly on Monday, a rare event in which he is widely expected to call for bipartisan support for the 2027 budget bill. The Korea Herald and The Korea Times both report that the government submitted the budget bill in September, proposing 820.9 trillion won. Yonhap News reported that Lee was set to address the Assembly, with its excerpt dated November 2. The excerpts supplied are truncated, so the full details of the speech and the budget proposal are not available from these sources. Summary from 3 sources
Summary from 3 sources Yonhap News first also The Korea Herald, The Korea Times
Christine Lagarde to step down as ECB president in February
According to Bloomberg, European Central Bank President Christine Lagarde informed the Governing Council and European Council President António Costa that she will resign effective 7 February 2027. Vanguard and France 24 reported that she will step down in February 2027, months before her term ends in October. DW News said the process to find a successor is underway, according to Costa. Euronews reported the ECB is set to announce its latest monetary policy decision later on Thursday. The Wall Street Journal said the post will be vacated while debt problems and resurgent inflation loom over the economy. Le Monde in English linked the timing to France's April presidential election. Summary from 12 sources
Sources differ: Outlets differ on the exact date: Bloomberg and Euronews give 7 February, while Vanguard and France 24 give only the month of February 2027.
Summary from 12 sources Financial Times first also Bloomberg Markets, The Wall Street Journal World, DW News, Channels Television and 6 more
How Rachel Reeves has mapped out economic agenda for Andy Burnham’s government
On Brexit, devolution and investment, the former chancellor is eerily in tune with the man who sacked her Reeves says UK’s future is in the EU Which senior politician has argued that “Brexit did deep damage” and that the government seeks “not to turn back the clock but to look toward a new and stabl Excerpt, The Guardian Business
Source The Guardian Business