1. For the first time in history, South Korea's central bank has delivered a fourth straight rate hike on Thursday. The Bank of Korea raised the key policy interest rate by a quarter-percentage point, bringing it to 2.5% to cap the soaring inflation and prevent capital outflows.
2. Assistant U.S. Secretary of State for East Asian and Pacific Affairs Daniel Kritenbrink embarked on a 3-day-trip to S. Korea on Thursday to discuss methods to reinforce the S. Korea-U.S. alliance… amid growing global tensions, especially threats from N.Korea.
3. Events to celebrate Ukraine’s 31st anniversary of its independence from the Soviet Union on Wednesday local time were canceled due to Russian missile strikes. US President Joe Biden announced an additional 3 billion US dollars in military aid.
