CHINA COMMERCE MINISTRY: HAS RIGHT TO TAKE CORRESPONDING MEASURES TO RESOLUTELY SAFEGUARD THE INTERESTS OF CHINESE INDUSTRIES

South Korea is strengthening contingency plans as Middle East tensions persist, with Prime Minister Kim Min-seok calling for a whole-of-government response. An emergency economic task force and situation room will be set up, while a supplementary budget of about 25 trillion won ($16.7 billion) is being prepared to address rising energy costs, support households and stabilize supply chains. The government has already imposed a fuel price cap and may cut fuel taxes. The move comes as the country, which imports about 70% of its crude from the Middle East, faces inflation and growth risks from potential supply disruptions.

OPENAI: JEFF ARNOLD IS JOINING AS DIRECTOR OF OPERATIONS OF OPENAI FOUNDATION