South Korea’s new President Yoon Suk-yeol has shown within his first five weeks in office that he is eager to sign the country up as a prime candidate member of “Global NATO” in the Pacific, with China as its target. But while Yoon has been under sail for Iliad, the 22,000-member Cargo Truckers Solidarity Union has been shutting down the country’s major industries in protest against huge increases in fuel prices coming out of NATO’s war sanctions and Green Deal. The biggest steelmaker POSCO has had to halt some plants, the leading automaker Hyundai Motor Company has had to cut production, and some cement producers have reduced operations, according to a CNN report dated June 13. And on that day South Korean petrochemical companies started cutting operations because their ex-factory shipments are down 90% and their inventories are becoming difficult to handle. This is after just seven days of the truckers’ strike, but four rounds of unsuccessful negotiations with the new government.
Collapsing Imperial System Public
Another NATO Warrior Didn’t Notice the Trench He Was Stepping Into
About the author
Latest articles
-
EIR Roundtable Takes Up The Strategic Role of the Americas
-
Daily Alert: Can the World Return The United States to The American System?
-
Schiller Institute Publishes New Translation of Friedrich Schiller's The Aesthetic Education of the Human Being
-
Can the World Return The United States to The American System?
Related coverage
-
Collapsing Imperial System Paid
House Passes Lindsey Graham ‘Sanctions from Hell’ Bill against Russia
-
Collapsing Imperial System Paid
'Fixer' Carney’s Canada and EU Join Forces for NATO Bank, War vs. Russia
-
Collapsing Imperial System
Netanyahu Acts to Revoke Citizenship of NAZA Film Directors
-
Collapsing Imperial System Paid
The Continuing Destruction of Gaza