Latest news with #KimMinjae
Russia Today
06-07-2025
- Business
- Russia Today
South Korea to give citizens free money
South Korea is launching a sweeping cash handout program, offering what officials have described as 'consumption coupons' to boost domestic spending and reinvigorate the country's sluggish economy, the Korea Herald has reported. The initiative is part of a 31.8 trillion-won ($23.3 billion) supplementary budget passed by the National Assembly on Friday. The program is scheduled to begin on July 21 and will run through September 12. 'We will ensure thorough preparations for the rollout of these payments so that they can serve as a catalyst for economic recovery by boosting consumption and supporting those in need,' said Vice Interior Minister Kim Min-jae, who leads the interagency task force overseeing the initiative. All citizens residing in South Korea as of June 18 will receive a one-time payment of 150,000 won ($110). Disbursements will be made via credit or debit cards, prepaid cards, or local government-issued gift certificates. Additional support will target vulnerable groups. Near-poverty households and single-parent families will receive 300,000 won ($220), and recipients of the basic living allowance will get 400,000 won ($290). Those living in rural areas will receive an additional 50,000 won to promote 'balanced regional development,' according to the Interior Ministry. A second round of payments, planned between September 22 and October 31, will provide 100,000 won ($73) to the bottom 90% of income earners. Eligibility will be determined based on national health insurance premiums, with details to be announced in September. South Korea, Asia's fourth-largest economy, narrowly avoided a technical recession in 2024 as growth stalled in the second half of the year, following a contraction in the second quarter and a weak recovery in the third. The downturn has been widely attributed to domestic political instability, culminating in the impeachment of then-president Yoon Suk Yeol on insurrection charges after he briefly imposed martial law in December. Newly elected President Lee Jae-myung, who took office on June 4, introduced a stimulus package that includes cash assistance and digital vouchers, and pledged investment in AI infrastructure to promote growth. Some economists, however, have warned of possible inflationary effects and long-term risks to fiscal health, since the Finance Ministry plans to fund the stimulus measures through new debt, projecting a fiscal deficit of 4.2% and national debt at 49.1% of GDP.
Yahoo
28-06-2025
- Sport
- Yahoo
Liverpool Considering Move to Sign £43m Bayern Munich Star
Liverpool Watching Closely as Kim Min-jae Awaits Formal Interest Liverpool's transfer focus remains fluid as developments from Germany reveal a cooling market around one of their rumoured targets. According to Christian Falk via The Daily Briefing, Bayern Munich defender Kim Min-jae is still waiting for any concrete approaches this summer, despite being linked with both Liverpool and Manchester United. Advertisement 'Kim Min-jae currently has no offers. Should a sale be possible, FC Bayern has a replacement on the list: Tomas Araujo from Benfica,' Falk reported. Signed for £43 million in 2023 after a stellar Scudetto-winning campaign at Napoli, Kim's switch to Bavaria has yet to deliver the same dominance. Despite being a physically commanding and technically adept centre-back, his role under changing Bayern systems has left question marks about his long-term future in Munich. For Liverpool, his name continues to appear on scouting dossiers, but there appears to be little movement at this stage. Photo: IMAGO Quansah, Gomez and Konate Create Transfer Uncertainty Much of Liverpool's transfer business in defence hinges on internal clarity. Jarell Quansah, after an impressive breakout campaign, is nearing a £35m move to Bayer Leverkusen. At the same time, Joe Gomez is said to be exploring his next career step following a Premier League-winning season under Arne Slot. Advertisement Ibrahima Konate also presents an unresolved scenario. Entering the final year of his current deal, the French international is believed to be requesting a 40 percent wage increase. Whether Liverpool meet those terms or allow him to leave could define whether a new centre-back arrives at all. 'A move for the 27-year-old may hinge on what unfolds with our own centre-back group,' the original report noted. Should Quansah depart and Gomez seek a new challenge, there's scope for a major defensive addition. Until then, Liverpool may delay pulling the trigger. Photo: IMAGO Bayern's Successor Shortlist Suggests Openness to a Sale Bayern Munich's stance also offers subtle encouragement to interested parties. Their interest in Tomas Araujo of Benfica, named as a potential successor to Kim, implies openness to a transfer — provided the right offer lands. Advertisement At 27, Kim Min-jae remains in his physical prime. With his aerial presence, positional awareness and elite experience across Italy, Germany and Asia, he matches the kind of pedigree Liverpool may seek in a long-term partner for Virgil van Dijk, who has committed to the club amid transition. 'Still, the fact Bayern are already lining up Tomas Araujo as a potential successor suggests a deal is on the table—if any suitor steps forward.' Bundesliga Connections Strengthen Transfer Web Liverpool's activity in the Bundesliga this window adds weight to the speculation. Deals for Jeremie Frimpong and Florian Wirtz have already signalled serious investment in German-based talent. The latter's arrival broke both Liverpool's and the Premier League's transfer records. Advertisement Adding Kim to this list would fit the new trend, but as of now, no offer has been placed. Our View – Anfield Index Analysis This is the kind of story that will set tongues wagging across the fanbase. Kim Min-jae is no average link. His profile screams elite-level pedigree, and while his time at Bayern has not mirrored his Napoli form, there's no doubt he would raise the floor and ceiling of Liverpool's defensive depth. Arne Slot is not expected to rotate heavily at the back unless the system demands it, but in a season where Liverpool will again compete across four fronts, having an experienced, composed and physically dominant centre-back makes complete sense. Advertisement That said, fans may feel slightly uneasy at the idea of losing Quansah, Gomez or even Konate to enable such a move. Quansah, in particular, has been embraced as a homegrown success. But football moves fast and hard decisions are often required. If the club senses that Kim's value is deflating in a seller's market and Bayern are lining up replacements already, it could be a classic Liverpool play to act when others hesitate. For now, it's a waiting game. But this one might not stay quiet for long.
Yahoo
11-06-2025
- Sport
- Yahoo
Al-Nassr "pushing' for Kim Minjae signing, player open to transfer
A new suitor has reportedly emerged for Bayern Munich centre-back Kim Minjae. According to Foot Mercato journalist Santi Aouna, Saudi Arabian club Al-Nassr are 'pushing' to sign the South Korean defender and are currently in talks with his management. Advertisement Kim himself is said to be open to the move. The 28-year-old endured a difficult and injury-riddled 2024/25 campaign, facing plenty of criticism, with Bayern reportedly willing to sell him. Kim, currently recovering from Achilles tendon issues, joined the Bavarian giants in 2023 from Napoli for a reported €50 million fee.
Washington Post
13-05-2025
- Sport
- Washington Post
Son, Kim and Lee tasting success in Europe despite South Korea's soccer struggles
SEOUL, South Korea — South Korea's national soccer team may be stumbling toward 2026 World Cup qualification and its clubs may have struggled in the Asian Champions League, but three of its biggest stars have been finding success in Europe. Kim Min-jaehelped German giant Bayern Munich lift the Bundesliga title , the 28-year-old defender's second major prize in Europe after winning the Italian championship with Napoli two years earlier.
Yahoo
28-04-2025
- Sport
- Yahoo
Kim Minjae opens up about ongoing injury struggles
For months, Kim Minjae has played through pain, with the Bayern Munich defender battling a persistent Achilles tendon problem. Although the South Korean international has been given occasional breaks, he has often had to push through the discomfort for his team. Most recently, in Bayern's 3-0 win over Mainz, he was substituted at halftime as the pain became unbearable. In an interview with Korean broadcaster Leestar TV (via TZ), Kim opened up about his ongoing struggles. "The Achilles tendon issue is still there, but I'm gritting my teeth. Eyes closed, and just pushing through," he said. While Kim has faced criticism for his performances this season, he refuses to use his Achilles problems as an excuse. "Mistakes, injuries, or too many games - those might just be excuses," he said. "I still need to stay focused. That's my job. In the end, I should have played better.'
