Defense boom in South Korea and the attractiveness of Uruguay for Argentines

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This chapter discusses the recent defense boom in South Korea and its impact on the country's economy, as well as the opportunities created by geopolitical situations and the attractiveness of Uruguay for migration.

Israel has ordered Palestinians in Gaza to evacuate a large area of land in the south of the strip, South Korea has become a top 10 defence exporter since the start of the war in Ukraine, Prime Minister Narendra Modi’s Bharatiya Janata party has won a series of resounding victories in India’s state polls, and wealthy Argentines are moving to Uruguay to avoid high taxes.

Mentioned in this podcast:

Israel pounds southern Gaza after US warning on civilian deaths

South Korean defence industry rides global order wave

‘Leaving without leaving’: Argentines are flocking to Uruguay to avoid a high tax burden

Narendra Modi’s BJP triumphs in India state elections

The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com

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