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The misconception that a victory can be worth its price, has in the nuclear age become a total illusion. ↗
War is murder. And the military preparations now being made for a potential major confrontation are aimed at collective murder. In a nuclear age the victims would be numbered by the millions. This naked truth must be faced. ↗
Fortunately, when Korea was struck by the 1997/8 financial crisis, that was a good opportunity for us to engage in fundamental reforms and strengthen our financial structure. As a result, our financial regulatory structure and regime have been very much strengthened. ↗
One of the marked characteristics of the U.K. security industry as compared with defence is the lack of company scale. This can put our firms at a competitive disadvantage when it comes to big contracts. ↗
