Global Markets: Latest News and Updates
Global markets are constantly changing and evolving, and it is important to stay up-to-date with the latest trends and developments. In this article, we will be discussing some of the latest news and updates in the global market.
Nongshim's Global Expansion
Nongshim, a leading ramyeon manufacturer in South Korea, is planning to prioritize the promotion of Chapagetti, its black bean-flavored ramyeon product, to diversify its overseas marketing appeal. Chapagetti gained global recognition after its appearance in the Oscar-winning film "Parasite" in 2019, where it was used in Chapaguri -- or "ram-don" in the film's English subtitles -- a blend of Chapaghetti and Neoguri, another of the company's spicy ramyeon products. Following the film's release, Chapagetti exports more than doubled to $1.5 million as of February 2020 from $680,000 the previous year. Despite being exported to over 70 countries currently, the export figure of Chapagetti still lags behind Shin Ramyun, which recorded approximately 700 billion won ($507 million) in global sales last year. To strategically appeal to local preferences in overseas markets, Nongshim is currently reviewing taste adjustments for Chapagetti products intended for export.
Israel's Success in Defending Against Unprecedented Iranian Attack
Israel hails success of defenses in face of unprecedented attack by Iran involving hundreds of drones, ballistic missiles, and cruise missiles. Iran fired 170 drones, more than 30 cruise missiles, and more than 120 ballistic missiles. Japan strongly condemned Iranian attack on Israel as "escalation" and said it was deeply concerned at the situation. Iran launched explosive drones and fired missiles at Israel late on Saturday in its first direct attack on Israeli territory, a retaliatory strike for an attack on its embassy in Syria that it blamed on Israel that raised the threat of a wider regional conflict. Iranâs massive attack was an unprecedented escalation in this conflict and could be grounds for prime minister Benjamin Netanyahu to declare war on the Islamic Republic.
Michael Che's Shameful Joke on Women's Sports
NBC/screengrab Saturday Night Liveâs Michael Che has a history of using jokes to diminish womenâs sports, and this week was no different. During Saturdayâs âWeekend Update,â Che shared that âThe University of Iowa announced that basketball star Caitlin Clark will have her jersey retiredâand replaced with an apron.â The joke elicited plenty of groansâfollowed by some huge laughs when Clark herself joined Che and Colin Jost at their desk just a few seconds later. Clark wasnât quite buying it when Che said, âIâm not sure if thatâs a good thing or a bad thing.â
France Joins Other Countries in Condemning Iranian Drone Attacks on Israel
Countries around the world condemned Iran's strikes on Israel late Saturday, warning the attack threatened to further destabilise the Middle East. In the night of 13 and 14 April, Iran sent waves of drones and missiles to Israel, but most of them were shot down by Israeli defense systems. The Israeli army said on Sunday that Iran's attack on Israel using hundreds of drones and missiles had been "foiled," with 99 percent of them intercepted."The Iranian attack was foiled," Israeli military spokesman Rear Adm. Daniel Hagari said.
Germany's Chancellor Olaf Scholz Travels to China
Germany's Chancellor Olaf Scholz travels to China this weekend in the wake of other EU leaders, in an attempt to develop new economic ties. He is also likely to ask Beijing to put pressure on Moscow over Ukraine. With the economies of both China and Germany currently under performing, Scholz will travel with a bumper delegation of ministers and business executives. While much of the focus will be on inking new business deals with the Chinese, he is also expected to raise the issue of Chinese subsidies.
Conclusion
Global markets are constantly changing and evolving, and it is important to stay up-to-date with the latest trends and developments. Nongshim's global expansion, Israel's success in defending against an unprecedented Iranian attack, Michael Che's shameful joke on women's sports, France's condemnation of Iranian drone attacks on Israel, and Germany's Chancellor Olaf Scholz's travel to China are just a few of the latest news and updates in the global market. Stay tuned for more updates on the global market.
Nongshim's global expansionChapagetti sales increaseIsrael's success in defending against Iranian attackMichael Che's shameful joke on women's sportsFrance's condemnation of Iranian drone attacks on IsraelGermany's Chancellor Olaf Scholz's travel to ChinaGermany's economic ties with ChinaGermany's pressure on China to cut subsidies
