South Korea’s Rate Cut Amid Political Turmoil and Climate Cost Conundrum

Explore South Korea's strategic interest rate cut as it grapples with economic slowdown and political uncertainty. Delve into the complexities of calculating climate change's economic cost and why it might be a distraction. Plus, get insights into the international economic outlook with evolving tariff scenarios and personal finance strategies in uncertain times. This episode offers a comprehensive look at how global and personal economics intersect in today's challenging landscape.Sources:https://www.kaohooninternational.com/economics/553133https://theconversation.com/calculating-the-economic-cost-of-climate-change-is-tricky-even-futile-its-also-a-distraction-248862https://www.fxstreet.com/analysis/international-economic-outlook-202502241823https://www.mprnews.org/episode/2025/02/24/managing-your-money-in-uncertain-economic-timesOutline:(00:00:00) Introduction(00:00:40) S.Korea Slashes Interest Rates as Economic Slows Down and Political Uncertainty Looms(00:04:05) Calculating the economic cost of climate change is tricky, even futile – it’s also a distraction(00:07:30) International economic outlook(00:11:15) Managing your money in uncertain economic times