• Brazil slams France, rejects G7 funding to fight wildfires in Amazon
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    Brazil slams France, rejects G7 funding to fight wildfires in Amazon

    Brazil rejected on Monday a 20-million U.S. dollars emergency aid to help battle the wildfires in the Amazon rainforest from the G7 nations,…slamming the gesture as “colonialist.” According to AFP news agency,…a top official mocked French President Emmanuel Macron, saying (quote) “Macron cannot avoid a foreseeable fire in a church that is a world heritage site”, referring to a fire that broke out in the iconic Notre Dame de Paris cathedral in April. The official added that the French president should take care of “his home and his colonies.”

  • Korea’s e-commerce giant Cafe24 helping local firms expand business overseas
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    Korea’s e-commerce giant Cafe24 helping local firms expand business overseas

    Stretching further into the global market,… that’s one of the goals set by the Moon administration,… as they hope to see more of Korea’s small and mid-sized firms doing business overseas. And now, we take a look at a local firm doing just that,… helping other companies expand their business horizons beyond Korea… through the company’s e-commerce platform. Shin Se-min reports. It was part of the South Korean government’s plan for the brand new year that they support small and mid-sized firms and start-ups to encourage them to go global. The Ministry of SMEs and Startups announced this week that it’s adding more than 165 million U.S. dollars into its…

  • E-commerce transactions make up more than 20% of total retail sales for first time
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    E-commerce transactions make up more than 20% of total retail sales for first time

    The latest government data shows online goods sales made up more than 20-percent of the total retail sales in November last year. Statistics Korea says this is the highest proportion of online sales since related figures were first compiled in 2001. Ko Roon-hee help us look beyond the numbers. Online shopping keeps growing and growing. According to Statistics Korea on Wednesday, e-commerce goods sales made up 20-point-5 percent of the total retail sales in South Korea in November. The data does not include online transactions for services. Statistics Korea said the increasing popularity and development of mobile payment platforms…such as Kakaopay is behind the trend, along with cheaper prices, and…