As the economy rebounded from the financial crisis, enthusiasm for the internet and venture startups ran high. South and North Korean navies clashed in the Yellow Sea, and tragic fires in Hwaseong and Incheon claimed the lives of children and teenagers.
The year in Korea
JunSouth and North Korean naval vessels clashed near Yeonpyeong Island in the First Battle of Yeonpyeong. [Source]
JunA fire at the Sealand youth training center in Hwaseong, Gyeonggi Province, killed kindergarten children and others. [Source]
SepThe National Basic Livelihood Security Act was enacted, guaranteeing a minimum standard of living for low-income households. [Source]
OctA fire in a commercial building in Inhyeon-dong, Incheon, killed many people, most of them teenagers. [Source]
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Around the world
JanThe euro, Europe’s single currency, was introduced. [Source]