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GP Club: The story of entrepreneurial success

Strong investment and exports will drive South Korea's economy in the medium term, according to the latest forecast from the Organisation for Economic Cooperation and Development (OECD), a grouping of affluent nations. The OECD noted that the country has enjoyed "a strong rebound" from the covid-19 pandemic, with exports in particular in the driving seat, while consumption is likely to strengthen further after a slower start. The war in Ukraine has only had a modest impact on economic performance, and the economy will receive a further boost from the country's largest-ever supplementary budget-worth $43bn, or 2.9% of GDP. Fuel tax cuts have helped support demand, and the government is moving to strengthen supply chain resilience and energy security.

Korean Air: An Asian champion delivers excellence in service

South Korea's exports hit an all-time record of $645bn in 2021, surging a remarkable 26% year-on-year, driving strong economic growth, according to business information service IHS Markit. Exports to the European Union rose 34%, exports to the US by 29%, to China 23%, and to ASEAN 22%. Semiconductor exports rose 29%, while those of petrochemicals soared by 55%. Auto exports jumped 24%, reaching $46.5bn. Exports of ICT products hit an all-time high of $228bn, up 24%. The huge rise in overall trade has lifted the purchasing managers' index, and drove manufacturing growth to 6.6% in 2021. Exports have been lifted by the recovery of key markets, boosted by the rollback of pandemic restrictions and accommodative fiscal and monetary policy in those markets. Other factors behind Korea's economic uptick include consumption; final consumption rose 6.8% yearon-year in the final quarter of 2021. Overall, the country's GDP rose by 4.0% in 2021.

South Korea: Asian tiger still roaring

South Korea has long been considered one of the economic giants of Asia, aided by a high-tech manufacturing sector and strong exports in areas like electronics. In recent years the Korean economy has continued to expand, with 2021 seeing the fastest annual growth rate in over a decade. Growth is predicted to drop slightly in 2022, hit by global headwinds like rising inflation and the war in Ukraine, but is still expected to come in at a healthy 2.6%.

AMERICA'S BEST Petcare BRANDS 2022

NEWSWEEK AND GLOBAL DATA AND RESEARCH FIRM Statista are proud to introduce America's Best Petcare Brands 2022, our second annual ranking of the leading products, services and retailers for pets.

RECESSION-PROOF YOUR FINANCES

Inflation is up, stocks are down and the R-word is everywhere. Here's how to protect yourself in today's turbulent economy

Billy Porter

"Oh, my God. There's finally a story about trans joy."

Out of the Dark

Interpol's seventh record The Other Side of Make Believe carries an uncharacteristic optimism

Retiree Havens for Active Lifestyles

When you're looking for the prime location to retire, great weather, affordability, walkability and access to solid health care are musts. But when you've finally earned the right to escape the workplace grind or day-to-day responsibilities of raising a family, you deserve more than just the essentials. The following places not only offer the necessities, but also unique activities to match your lifestyle and welcoming communities to share them with. From Panama's laid-back Bocas del Toro to Malaysia's foodie paradise George Town to Malta's cultural gem Valletta, here are some of the best places to retire for soaking up new experiences.

How Blake Lemoine Stuck Up for His Friend, the Machine

A Google engineer's personal encounter with artificial intelligence may foreshadow our tech future

Dangerous Medicine

Doctors face a post-Roe world of tense discussions and tortured delays that are not in the best interests of their patients

'A Bloody Republican Primary'

Missouri, which once elected a dead man to the Senate, is living up to its reputation for messy elections

Decoding the Colors

The Webb Space Telescope is giving scientists a close look at the atmospheres of planets beyond our solar system

Keke Palmer

FROM ACTING TO SINGING TO REALITY TV, KEKE PALMER DOES IT ALL. "I just always was attracted to people that did multiple things," Palmer tells Newsweek, saying artists like Jamie Foxx and Queen Latifah were early inspirations. Now she's out with the hotly anticipated Jordan Peele film Nope (July 22). "When people think about Get Out or Jordan's work, they can sometimes zero in on, 'Oh, this is a think piece on Blackness." She says there's always an element of that, but "They're not always on Blackness," and Nope is a perfect example of that. It's part horror, part sci-fi, part thriller and part comedy. "His choice to put Black people in the lead is just based off his perspetive of who he sees in his story." Since starting out as a child actor, Palmer says the quality of work she's receiving has only gotten better. "To have evolved to the place where the variety of who I get to work with is this level, I think it's only going to bring the best out of me." Case in point, starring alongside Daniel Kaluuya in a Jordan Peele film. "There's only one Jordan Peele."

Q & A: James Reginato

Interview with James Reginato

‘Like Family’

The surprising connections between political heavyweights Pelosi, Harris and Newsom and one of the wealthiest American dynasties, the Gettys

WILL TRUMP EVER DO TIME?

NEW EVIDENCE OF CRIMES HAS TRIGGERED AN UNPRECEDENTED DEBATE OVER THE WISDOM AND PRAGMATICS OF CHARGING, TRYING, CONVICTING & JAILING A FORMER PRESIDENT

America's Fastest Growing Online Shops 2022

For the second year, Newsweek has teamed up with respected research and data firm Statista to compile our annual list of America's Fastest-Growing Online Shops.

Transcom

Excellence and ethics sustain Bangladesh's leading business house

Sikder Group

Building Bangladesh's Future

Democrats Need a More Urgent Post-Roe Message

A generic appeal to vote blue won't cut it. To win, replicate the GOP's take-no-prisoners approach, this strategist says

United Group

Putting Bangladesh on the global map

Envoy Group

Bangladesh's leading garment exporter scales new heights

THE CHILDREN OF WAR

FOR CHILDREN FROM SOUTH SUDAN, YEMEN, AFGHANISTAN, SYRIA AND UKRAINE, WAR DOESN'T END ONCE THEY HAVE REACHED SAFETY

Concord Group

An industry pioneer - Bangladesh's first mover in construction and real estate

ROLE OF A LIFETIME

HOW ZELENSKY STARED DOWN PUTIN TO TRANSFORM FROM A SCRIPTED LEADER TO A REAL-LIFE ONE

Lesley Manville

"I just thought, this is great. I can do a feel-good movie."

Immersive Theme Parks Where You're the Main Character

"Theme park" usually conjures up images of roller coasters, but rides aren't the main attraction at these quirky spots.

Don't Joke About Old Age (It's Bad for Your Health)

A new study suggests that negative attitudes about aging could increase risks of disease

Megan Rapinoe – 'I'm Proud of Where We've Gotten to'

Soccer great Megan Rapinoe talks with best-selling author Roxane Gay about her career, her advocacy work and legislating equality

Lisa Fernandez – 'Sports Is One Way to Teach So Much About Life'

Lisa Fernandez, 51, has often been called women's softball's greatest-of-all-time. An overpowering pitcher and a great hitter, in the 1990s she led the UCLA Bruins to two national titles and the U.S. Olympic team to three gold medals, helping to spark the sport's tremendous growth in popularity since then. She is now an assistant coach at UCLA. The following conversation has been edited for space and clarity. -Meredith Wolf Schizer