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Home > World Business Report > South Korea pardons the 'Samsung Prince'
Podcast: World Business Report
Episode:

South Korea pardons the 'Samsung Prince'

Category: Business
Duration: 00:27:57
Publish Date: 2022-08-12 15:03:00
Description: Samsung heir Lee Jae-yong, who was convicted of bribery and embezzlement in 2017, has been granted a special presidential pardon.South Korea's government justified the move, saying the de-facto leader of the country's biggest company was needed back at the helm to spearhead economic recovery post-pandemic. We speak to journalist Nemo Kim, who also teaches politics at Soon Chun Hyang University. Wildfires and drought are continuing to affect large swathes of Europe. We assess the impact on the shipping and wine industries. The shortlist of seven UK cities to host next year's Eurovision Song Contest has been announced. But what are the economic pros and cons of hosting the event?
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