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Everyone Abroad... A Record 31 Trillion Won Spent on Cards Overseas [3-Minute Brief]

[At a Glance]
① Trump selling US green cards... Announces launch of 'Gold Card'
② Breaks previous record of $19.22 billion, sets new all-time high
③ Baby cries grow louder after 9 years... Total fertility rate rebounds for the first time in 9 years

MARKET INDEX
Everyone Abroad... A Record 31 Trillion Won Spent on Cards Overseas [3-Minute Brief]

○International oil prices fall amid Trump's tariff threats

○Trump's policies add signs of pressure on the US economy

○Lowest closing price since December 10 last year

TOP 3 NEWS
■ "Selling for 7.1 billion won"... Trump running a US green card business
○'Gold Card' system five times more expensive than before
○Opportunities for emerging Russian tycoons as well
○Indicates abolition of investment immigration visa
■ Spent 31 trillion won overseas last year... Card usage hits 'all-time high'
○Resident card overseas spending reached $27.12 billion last year
○Surpassed previous record of $19.22 billion, setting a new all-time high
○Increased demand for overseas travel and direct overseas online shopping
■ Last year's total fertility rate '0.75'... turning to an upward trend after 9 years
○Increase in women in early 30s population
○Average childbirth age rose by 0.1 years to 33.7 years
○Average age of mothers at first childbirth is 33.1 years
Graphic News: Tesla market cap falls below $1 trillion... European sales plummet
Everyone Abroad... A Record 31 Trillion Won Spent on Cards Overseas [3-Minute Brief]

○In the UK, overtaken by China's BYD... stock price drops 8%

○Worst performance since August 2022

○Interpreted as impact of Elon Musk's involvement in European politics

Money-Making Law
■ Supreme Court: "If only purchase requests were made, cannot punish as smuggler"
○First and appellate courts recognized guilt and sentenced to 3 years probation
○Original judgment overturned, stating "all circumstances must be comprehensively considered"
○Punishable are those who 'substantially performed import acts'
■ "Easy even without legal knowledge" Judgment documents for self-litigation released
○Added easy explanations of judgment intent and key issues
○Evaluated as applicable to those lacking legal knowledge
○Written to be understandable at the level of ordinary citizens
■ Supreme Court strengthens criminal appeal management, adds 3 judges as research judges for new cases
○General research judge position created last year for the first time... operating a 'two-general' system
○After dual personnel system for judges, high court judges appointed as research judges
○Shows intention to make criminal appeal trials more substantive
Today's Key Schedule

○Domestic


○Overseas

00:00 US Crude Oil Inventory

00:00 US New Home Sales (January)

17:55 Germany Unemployment Rate (February)

22:30 US GDP (QoQ) (4th Quarter)

22:30 US Initial Jobless Claims

◇Lunch & Commute Weather
○ Low temperature -1℃(1℃) |High temperature: 12℃(5℃)
○ Precipitation probability 0% in the morning|10% in the afternoon
○ Fine dust Moderate in the morning|Moderate in the afternoon
Everyone Abroad... A Record 31 Trillion Won Spent on Cards Overseas [3-Minute Brief]

OK in 3 minutes, essential time-efficient economic news. Published daily at 8 AM.


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