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The nickname ��10-million-dollar baby�� does not do justice to what golf prodigy Michelle Wie is really bringing in. In the one year since she turned pro,[link widoczny dla zalogowanych], Wie (17) has raked in near US$20 million despite a lackluster performance on the course. AP reported on Thursday that Wie��s endorsements and appearance fees carried her over the 20 million mark: a sum that places her among the top 20 highest-earning athletes in the world. Tiger Woods was no. 1 with over $100 million, followed by Formula One champ Michael Schumacher of Germany,[link widoczny dla zalogowanych], who made around $80 million.
Not even Korean MLB pitcher Park Chan-ho ($15 million),[link widoczny dla zalogowanych], who has more than 100 wins to his credit, could top the young golf star. All Wie��s prize money for her 12 LPGA events put together is a mere $3.5 million, but income is never based on merit alone.
On the LPGA Tour this year, Wie had six finishes in the top five but no win. She competed in five men��s events,[link widoczny dla zalogowanych], but it was only at the SK Telecom Open played here that she was able to make the cut: she bombed out at both the PGA and EPGA. At the Omega European Masters (EPGA) she came dead last. It is Wie��s fame for being famous, then,[link widoczny dla zalogowanych], that has brought the lion��s share of endorsements and appearance fees.
In October 2005, when she turned pro,[link widoczny dla zalogowanych], Wie inked a contract with Sony and Nike for $10 million. For showing up at the Casio World Open on the Japan Golf Tour,[link widoczny dla zalogowanych], she picked up $1.5 million,[link widoczny dla zalogowanych], and for $700,000 she agreed to set foot on Korean land. A two-year endorsement deal she signed with a domestic construction firm brought her $3 million.
Meanwhile,[link widoczny dla zalogowanych], Wie switched agents on Thursday. Former agent Ross Berlin took a management position with the PGA,[link widoczny dla zalogowanych], and Greg Nared,[link widoczny dla zalogowanych], a manager from Nike who had been overseeing the Tiger Woods account,[link widoczny dla zalogowanych], has taken over. This is the second shakeup in the Wie camp following the firing of caddie Greg Johnston after Wie��s 27th place finish at the Women��s British Open.
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The anxious public is now looking forward to a likely Bank of Korea rate cut on Thursday following the lead of central banks in the United States and Europe that are getting close to zero-percent interest rates.

[yuvsgvoand]

The Fair Trade Commission's W105,[link widoczny dla zalogowanych].1 billion (US$1=W939) fine on 10 petrochemical companies for price rigging on Tuesday has sent shock waves throughout the industry,[link widoczny dla zalogowanych]. The firms are blaming each other and disparaging those that escaped heavier penalties,[link widoczny dla zalogowanych]. Distrust is running high in the industry.
Among the 10 firms,[link widoczny dla zalogowanych], Honam Petrochemical Corp. and Samsung Total received the lightest fines. In accordance with a system adopted in 2004 that reduces or exempts companies from fines or punishment if they voluntarily report price fixing,[link widoczny dla zalogowanych], Honam avoided fines of tens of billions of won as the first company to report the scheme to the watchdog. As the second whistleblower,[link widoczny dla zalogowanych], Samsung Total received a 30 percent fine reduction.
An executive from a company that was fined said it was unfair that Honam,[link widoczny dla zalogowanych], Korea��s largest petrochemical company,[link widoczny dla zalogowanych], escaped a heavier penalty just because it was the first firm to report the scam. It looks as if Honam benefited from the price-rigging scheme for 11 years but eluded responsibility for it. But none of the companies are in a position to openly complain about the softer punishments because all of them calculated the situation and later scrambled to report the practice.
��They hesitated at first,�� an FTC official said,[link widoczny dla zalogowanych], ��but as the investigation really began moving,[link widoczny dla zalogowanych], they rushed to cooperate.�� On this basis Honam has rejected criticism from the other firms,[link widoczny dla zalogowanych], saying that it couldn't accept the blame since the other companies also admitted to the scheme and cooperated in the FTC probe.
The Korean petrochemical industry is suffering from a triple whammy of a strong won,[link widoczny dla zalogowanych], soaring oil prices and surging raw material costs. Pundits have advised the firms to stop pointing fingers and instead concentrate on correcting their practices and reshaping the industry.
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The anxious public is now looking forward to a likely Bank of Korea rate cut on Thursday following the lead of central banks in the United States and Europe that are getting close to zero-percent interest rates.

[yuvsgvoand]

U.S. President Barack Obama has signed an executive order requiring U.S. car makers to increase fuel efficiency,[link widoczny dla zalogowanych], compelling automobiles to travel more than 15 km on one liter of gasoline by 2020, compared to the present rate of 8 km per liter. Obama also instructed officials to form policies aimed at lowering tailpipe emissions by more than 30 percent.
At present, American-made automobiles are far more inefficient than Toyota or Honda vehicles, which often run more than 10 km on a single liter of gas. U.S. emissions regulations are more lenient than those in Europe or Japan. In 2005,[link widoczny dla zalogowanych], 17 U.S. states, including California,[link widoczny dla zalogowanych], toughened regulations by lowering the permissible exhaust level to below the federal standard. But the Bush administration scrapped the regulations,[link widoczny dla zalogowanych], saying they were against federal law. In contrast, the Obama administration has announced its plan to turn the world��s largest automobile market into one centered on environmentally-friendly vehicles.
Since the 1990s,[link widoczny dla zalogowanych], countries around the world have been racing to develop environmentally-friendly vehicles,[link widoczny dla zalogowanych], like hybrid cars, hydrogen-powered vehicles and automobiles fuelled by electricity. Japan is the world��s leading developer of hybrid cars powered by gasoline and electricity. Toyota, the first automaker to begin mass production of a hybrid car, Prius,[link widoczny dla zalogowanych], in 1997,[link widoczny dla zalogowanych], has sold 1.5 million such vehicles so far, available in 12 variants. Next year,[link widoczny dla zalogowanych], Toyota will be capable of producing 1 million hybrid cars a year and plans to expand the concept to all 50 or so of its models. The Japanese automaker is taking things a step further by developing a dream car that runs exclusively on solar power.
European automakers, including Daimler Benz, are leading the development of so-called ��clean diesel cars�� equipped with more efficient diesel engines that emit less carbon dioxide. U.S. automakers, such as GM and Ford,[link widoczny dla zalogowanych], which are falling behind in the development of hybrid cars, have invested in rechargeable electric automobiles and hydrogen-powered cars.
In Korea, Hyundai Automotive Group plans to roll out its first mass-produced hybrid car, called Avante LPI,[link widoczny dla zalogowanych], in July. The Korean automaker is 12 years behind Toyota, which rolled out its first hybrid car back in 1997. Korea is even more behind when it comes to hydrogen vehicles and electric automobiles. Moreover, the green-car industry requires a coordinated system encompassing energy producers, electronic component manufacturers and other companies. It also requires governmental assistance to help finance, tax,[link widoczny dla zalogowanych], and otherwise promote the development and sales of such vehicles. This type of infrastructure is almost nonexistent in Korea.
Industry research firm Global Insight predicts that by 2025 50 million hybrid vehicles will be sold annually, accounting for 60 percent of the global automotive market. And from 2040 hydrogen fuel-cell powered cars will account for 90 percent of the market. The U.S. research firm forecasts conventional gasoline powered vehicles will be wiped from production lines from around 2035. If Korean automakers fail to develop competitive green cars by then, Korean car makers may have to exit the market for good along with gasoline powered cars.
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The anxious public is now looking forward to a likely Bank of Korea rate cut on Thursday following the lead of central banks in the United States and Europe that are getting close to zero-percent interest rates.

[yuvsgvoand]

Rumors that North Korea will in June escalate its standoff with the U.S. are gaining ground. This is the fourth crisis rumor to go around since the nuclear dispute started up again in 2002. This one, however,[link widoczny dla zalogowanych], is quite different from previous rumors. There are immediate signs that North Korea may be preparing for a nuclear test in Kilju, North Hamgyeong Province, with talk of a test coming not just from the U.S. but also from China and Japan. Most of it is pessimistic. "North Korea could conduct a nuclear test as early as June,[link widoczny dla zalogowanych]," a U.S. Defense Department official said, and during a meeting with Chinese officials over the weekend, Foreign Minister Ban Ki-moon said the situation was at a "critical juncture." All agree that something is afoot.
�� Why June?
This started in March when Akitaka Saiki, Japan's representative to six-party nuclear disarmament talks,[link widoczny dla zalogowanych], said if North Korea didn't rejoin the talks by June, the matter would go to the UN Security Council. At around the same time, South Korea's point man at the talks,[link widoczny dla zalogowanych], Deputy Foreign Minister Song Min-soon, said it would be strange for the talks to become an annual event. Song recently said June was only a "psychological line," but it is clearly a significant one. Other government officials have talked of either March or June.
In June, it will be a year since the talks stalled. The international community will have been trying to persuade North Korea to rejoin the talks for 12 month, but if that doesn't work, another way must be found. Within the IAEA,[link widoczny dla zalogowanych], U.S. and Japan, there are many who feel that once June passes, the dispute has to go to the UN Security Council.
North Korea is encouraging these rumors. Pyongyang shut down a reactor in Yongbyon last month and is preparing to extract its spent fuel rods once again. The moves too point to May or June.
�� What Crisis?
As talk of the six-party talks becomes faint, rumors of a June crisis are getting louder. It is likely the U.S. will unite with the other four parties to the talks,[link widoczny dla zalogowanych], to put pressure on Pyongyang, and going it alone has several options. The first is referring the matter to the UN Security Council. Russia has already said it would agree, international press reports say: the problem is China. But Beijing wants a visit to North Korea by President Hu Jintao. If Hu doesn't go to Pyongyang before June, it could follow that China's persuasive powers are not sufficient, and in that case it might sit and watch as the Security Council deals with the issue as it did during the 1994 nuclear crisis.
But North Korea could also choose to conduct a nuclear test in order to break the deadlock. If it does,[link widoczny dla zalogowanych], it would shake the security on the Korean Peninsula and Northeast Asia to its foundations. Foreign Ministry officials say it is pointless to try to predict what might happen afterwards.
�� Seoul's response
The Korean government remains skeptical of the rumors. Unification Minister Chung Dong-young said Monday we must first "explore the facts" of any imminent nuclear test. "China and the U.S., too, have their suspicions about the nuclear issue, but they aren't changing their basic policies yet," he said.
A government official said the rumors "are just a presumption of the worst of the worst-case situations." "Even when the U.S. was preparing to bomb the North in 1994,[link widoczny dla zalogowanych], it was only considering the possibility, and it decided that it wasn't realistic,[link widoczny dla zalogowanych]," he said. Another official said,[link widoczny dla zalogowanych], "Just because the matter goes to the UN Security Council doesn't make it a crisis. With Iraq, a war broke out only after 47 UN resolutions were adopted over a 10-year period.��
There have been rumors of an impending crisis several times since the second round of the North Korean nuclear dispute in the fall of 2002 over Pyongyang's enriched uranium program -- for March 2003, October 2003 and October 2004. All these crises were averted through dialogue or were of questionable provenance.
"I think the rumors of a June crisis are being spread by Japan's conservative media,[link widoczny dla zalogowanych]," said Moon Chung-in, chairman of the Presidential Committee on Northeast Asia Policy Initiative. "A nuclear test is North Korea's last trump card,[link widoczny dla zalogowanych], so it wouldn��t play it lightly, and I think it's unlikely that the North would export nuclear materials to a third country.��
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The anxious public is now looking forward to a likely Bank of Korea rate cut on Thursday following the lead of central banks in the United States and Europe that are getting close to zero-percent interest rates.

[yuvsgvoand]

LG Display formally launched an organic light emitting diode (OLED) division at its Gumi plant in North Gyeongsang Province on Thursday,[link widoczny dla zalogowanych].
OLED is touted as a driving force in the next-generation display field,[link widoczny dla zalogowanych], and companies like Sony and Samsung Electronics have already entered the business. Because it does not require additional backlight,[link widoczny dla zalogowanych], OLED panels can be made thinner than 1 millimeter.
LG Display will first focus on developing and producing small products but expand business to producing medium-sized to large televisions,[link widoczny dla zalogowanych], the company said.
LG Display developed an active-matrix OLED (AMOLED) for a 20.1-inch television in 2004,[link widoczny dla zalogowanych], and was the first in the world to produce a 4-inch flexible OLED in May 2007.
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The anxious public is now looking forward to a likely Bank of Korea rate cut on Thursday following the lead of central banks in the United States and Europe that are getting close to zero-percent interest rates.

[yuvsgvoand]

The Korean currency weakened almost W100 against the U.S. dollar in just 15 days from W1,[link widoczny dla zalogowanych],259.5 at the end of last year to W1,358 on Friday. The spread on forex stabilization bonds, an index measuring Korea��s external credit rating, has risen for the past six days to 3.86 percent. The foreign exchange market is showing signs of uncertainty at the start of the year.
This is largely because banks in advanced countries posted major losses in the fourth quarter of 2008, triggering uncertainties in global markets. Citigroup reported US$8.3 billion in losses, its fifth consecutive quarter in deficit. The Bank of America, which acquired Merrill Lynch last year,[link widoczny dla zalogowanych], posted $1.8 billion losses,[link widoczny dla zalogowanych], while Deutsche Bank,[link widoczny dla zalogowanych], Germany��s largest bank, was down $6.3 billion. Japan��s top bank Mitsubishi UFJ is expected to post its first-ever losses as it writes off 288 billion yen of its assets as losses. And there are calculations showing that HSBC, Europe��s largest bank, is also facing a cash shortage.
Banks previously thought relatively safe are being sucked into the global financial crisis. Inter-bank loans, which showed signs of improving at the end of last year, have once again shrunk while the U.S. dollar is strengthening. As the financial crisis spreads to real economies,[link widoczny dla zalogowanych], corporate losses are snowballing and this is leading to falling earnings at banks, exacerbating financial uncertainties.
The Korean government has been confident that it had overcome a dollar shortage after forming currency swap agreements worth $90 billion with the United States,[link widoczny dla zalogowanych], Japan and China. The Korean currency, which weakened to W1,[link widoczny dla zalogowanych],500 against the dollar,[link widoczny dla zalogowanych], strengthened back to the W1,200 level,[link widoczny dla zalogowanych], while the spread on forex stabilization bonds fell from 7.9 percent to 3.5 percent, signaling the easing of dollar shortage fears.
But as seen by the volatile foreign currency market this year, there is a long way to go before we can stop worrying. Depending on the flow of global financial markets, fears over a dollar shortage can resurface at any time. At a conference of U.S. economists early this year,[link widoczny dla zalogowanych], it was claimed that the financial crisis was not even half-way over,[link widoczny dla zalogowanych], while several devastating tempests lie ahead.
The government must not loosen the reigns of its management of foreign currency. The scale of currency swap agreements must be expanded and their duration extended. State-run financial institutions -- Korea Development Bank,[link widoczny dla zalogowanych], the Export-Import Bank of Korea -- or the government itself should issue bonds overseas to bring in dollars. Corporate restructuring should be sped up, while commercial banks should rush to bolster their capital reserves and stamp out uncertainties in domestic financial markets.
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The anxious public is now looking forward to a likely Bank of Korea rate cut on Thursday following the lead of central banks in the United States and Europe that are getting close to zero-percent interest rates.

[yuvsgvoand]

Korean households spend some W12 trillion a year on after-school education (US$1=W1,[link widoczny dla zalogowanych],017). The Bank of Korea says household outlays on private educational institutes like cram schools as well as art and music academies have grown significantly on the back of rising tuition costs.
The first quarter figure jumped 8 percent compared to the year before to US$2.9 billion. That is the highest jump for the first quarter in four years. Back in 2004,[link widoczny dla zalogowanych], education spending leaped nearly 11 percent in the first quarter but increases have since hovered below 6 percent until now.

A snapshot of annual expenditures also shows spending has been continuously rising. In 2004,[link widoczny dla zalogowanych], the figure stood at over $10.5 billion. Last year it broke past $12 billion.
Not surprisingly,[link widoczny dla zalogowanych], perhaps,[link widoczny dla zalogowanych], the proportion of family budgets going toward education grew to a record high in this year's first quarter. With regular and after-school education reaching $7.3 billion,[link widoczny dla zalogowanych], it now takes up over 6 percent of an average household's budget.
Looking at nationwide household education spending by year,[link widoczny dla zalogowanych], that figure grew by some $5 billion over the course of four years reaching over $29 billion last year. In 2007,[link widoczny dla zalogowanych], the typical Korean household spent the equivalent of $2,[link widoczny dla zalogowanych],300 on schooling their children.
Experts say such generous outlays of money for schooling in these hard times reflect the Korean public's zeal for education,[link widoczny dla zalogowanych].
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The anxious public is now looking forward to a likely Bank of Korea rate cut on Thursday following the lead of central banks in the United States and Europe that are getting close to zero-percent interest rates.

[yuvsgvoand]

A recent report by the U.S. Congress�� research unit Congressional Research Service (CRS) has raised questions about North Korea's ability to transform cargo ships into missile launch pads. The CRS report said that North Korea has developed a submarine- or ship-mounted ballistic missile system with a range of at least 2,[link widoczny dla zalogowanych],500 kilometers. The North has also transformed ordinary cargo ships to launch the missiles,[link widoczny dla zalogowanych], the report said.
South Korean military authorities and experts said Wednesday that while the deployment of a submarine-carried missile is unlikely,[link widoczny dla zalogowanych], but it would be possible for Pyongyang to use a cargo ship as a launch pad. North Korea��s new ballistic missiles with a range of 2,[link widoczny dla zalogowanych],500km to 4,[link widoczny dla zalogowanych],000km are based on the decommissioned Soviet R-27 sub-launched missile. The existence of the North Korean ballistic missiles was brought to light by the Chosun Ilbo in Sept. 2003.

An intelligence source said that ballistic missiles must be launched vertically from a submarine and that North Korea��s main 1,[link widoczny dla zalogowanych],475-ton Romeo-level submarine is too small to launch the new 12-meter missile. It has not been confirmed if North Korea has developed a new,[link widoczny dla zalogowanych], larger submarine to launch the missile,[link widoczny dla zalogowanych], the source said.
Missiles can be carried in a launch pad that looks like an ordinary container and be fired by simply raising the container upright,[link widoczny dla zalogowanych], experts say. A cargo ship would be excellent way to conceal a missile as the enemy would likely ignore it as a simple commercial vessel. Intelligence authorities note that the new North Korean 12-meter ballistic missiles would fit inside a standard container. The CRS report also said that using a commercial cargo ship would be the easiest way for North Korea to carry missiles.
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In a Democratic Party financial meeting on Wednesday, Chairman Chung Se-kyun said, "Strategy and Finance Minister Kang Man-soo, the chief government economic policy maker, has won the president's trust but not that of market players, financial officials and the people.

[yuvsgvoand]

Carlos Ghosn,[link widoczny dla zalogowanych], the CEO of Renault-Nissan
Carlos Ghosn,[link widoczny dla zalogowanych], the CEO of Renault-Nissan,[link widoczny dla zalogowanych], says Korea's Renault-Samsung will produce Renault's first SUV. At the Paris Motor Show 2006 which opened Thursday,[link widoczny dla zalogowanych], Ghosn also still had high hopes for an alliance between the world��s two largest automakers Renault-Nissan and General Motors. But whether the two giants join hands or march out of negotiations in anger,[link widoczny dla zalogowanych], both play an important role in the Korean car industry. Renault-Samsung is a subsidiary of the Renault-Nissan Group,[link widoczny dla zalogowanych], and GM Daewoo is a subsidiary of GM.
The Chosun Ilbo spoke with Ghosn.
Why did you decide to let Renault-Samsung produce the Koleos Concept, Renault��s first SUV model?
Korea is a market with huge growth potential. The market will expand drastically further if Korea achieves unification. We get a lot of orders for the SM3, which Renault-Samsung started exporting by borrowing the name of Nissan this year. Renault-Samsung will produce Renault��s models, instead of Nissan cars, in the future. I��m considering visiting Korea late next year,[link widoczny dla zalogowanych], when Renault-Samsung will start production of the SUV model.
Where are you in the alliance negotiations with GM?
If we reach a conclusion that the alliance is worthwhile in a few weeks,[link widoczny dla zalogowanych], we will move on to the next stage.
Who would then retire between you and GM CEO Rick Wagoner if the alliance is concluded,[link widoczny dla zalogowanych]?
We are looking for a partner, not a subject to control. Even if we form an alliance,[link widoczny dla zalogowanych], the two companies will be guaranteed the right to independent,[link widoczny dla zalogowanych], free management. The point is the huge synergy we can produce through the alliance. Synergy is not a simple combination of numbers. An example is that the alliance between Renault and Nissan enabled us to lower costs because the two companies purchase components jointly.
Who are Renault��s major rivals?
Kia Motors has emerged as a rival of Renault in Western Europe. We are seriously studying the quality, prices and service of Kia.

Carlos Ghosn took office as CEO of Nissan when the Japanese carmaker was on the verge of bankruptcy. He became the CEO of the Renault-Nissan group in May last year,[link widoczny dla zalogowanych].
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In a Democratic Party financial meeting on Wednesday, Chairman Chung Se-kyun said, "Strategy and Finance Minister Kang Man-soo, the chief government economic policy maker, has won the president's trust but not that of market players, financial officials and the people.

[yuvsgvoand]

A senior Pakistani security official says security forces have arrested a suspected Al-Qaida militant believed to have been involved with the London terrorist attacks of July 2005,[link widoczny dla zalogowanych].
The official,[link widoczny dla zalogowanych], who asked not to be named,[link widoczny dla zalogowanych], told Western news agencies that Zabi ul-Taifi was arrested along with six fellow militants in a pre-dawn raid outside the northwestern city of Peshawar.
He said Taifi is an Arab national wanted in connection to the July 7,[link widoczny dla zalogowanych], 2005,[link widoczny dla zalogowanych], terrorist attacks on London's mass transit system.
The four coordinated bombings killed 52 commuters,[link widoczny dla zalogowanych]. British police say three of the four bombers were British citizens of Pakistani origin who are believed to have trained in Al-Qaida camps in Pakistan or Afghanistan,[link widoczny dla zalogowanych].
Some information for this report was provided by AFP and Reuters,[link widoczny dla zalogowanych].
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In a Democratic Party financial meeting on Wednesday, Chairman Chung Se-kyun said, "Strategy and Finance Minister Kang Man-soo, the chief government economic policy maker, has won the president's trust but not that of market players, financial officials and the people.

[yuvsgvoand]

A sizeable proportion of foreign criminals in Korea come here for the sole purpose of breaking its laws,[link widoczny dla zalogowanych], statistics suggest.
The Korean Institute of Criminology on Tuesday published a study of 251 criminal cases in 2004,[link widoczny dla zalogowanych], which found that 15.5 percent of foreigners caught for prostitution, credit card fraud, small arms smuggling and other crimes in Korea had come to the country for no other purpose.
However, immigration offenses accounted for more than half or 54.2 percent of the crimes committed by foreigners here. Of those, 25.9 percent was naturalization fraud, 13.5 percent illegal entry into the country,[link widoczny dla zalogowanych], 12.7 percent overstaying of visas and 12.4 percent illegal residency.
The number of foreign criminals in Korea increased more than five-fold since 1988,[link widoczny dla zalogowanych], from 2,[link widoczny dla zalogowanych],532 to 13,[link widoczny dla zalogowanych],045 in 2004, while the overall number of foreigners only grew 2.6 times, from 2.17 million in 1998 to 5.75 million in 2004,[link widoczny dla zalogowanych], meaning the number of criminals among them rose twice as fast.
The biggest group of convicted lawbreakers came from Iran,[link widoczny dla zalogowanych], who made up 6,691 of every 100,000 foreign criminals, followed by 6,[link widoczny dla zalogowanych],304 Russians,[link widoczny dla zalogowanych], 5,672 Hong Kong citizens, 4,958 Americans and 3,190 Germans. Statistically the most law-abiding guests were the Nepalese,[link widoczny dla zalogowanych], who made up only 211 convicted criminals per 100,000 wrongdoers from abroad, followed by 571 Indonesians,[link widoczny dla zalogowanych], 807 Filipinos and 821 Thais.
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In a Democratic Party financial meeting on Wednesday, Chairman Chung Se-kyun said, "Strategy and Finance Minister Kang Man-soo, the chief government economic policy maker, has won the president's trust but not that of market players, financial officials and the people.

[yuvsgvoand]

Police have busted a business that manufactured and sold fake mobile phones. Hyewha Police Station in Seoul booked the head of company called M Networks identified as Park (3 and 13 other executives and staff on charges of assembling made-in-China plastic bodies and used parts to produce 20,[link widoczny dla zalogowanych],000 counterfeit mobile phones,[link widoczny dla zalogowanych], mostly of the successful Samsung Anycall series worth W1.1 billion (US$1=W931).
The fake phones were so similar to the real thing that it was hard to tell the difference with the naked eye,[link widoczny dla zalogowanych]. The only differences were that the fakes were a little less shiny and a little harder to slide open,[link widoczny dla zalogowanych].
Park and the others set up a company selling communication devices in March last year and started producing fake Anycall phones from used phones that were broken,[link widoczny dla zalogowanych], damaged by water or exported to China and putting them in made-in-China bodies,[link widoczny dla zalogowanych], police said. They sold them for around W100,[link widoczny dla zalogowanych],000 via mobile phone dealerships nationwide and online shopping malls. Samsung Electronics�� authentic Anycall or SCH-S140 models cost up to W300,[link widoczny dla zalogowanych],000. Anycall phones accounted for some 70 percent of the fake phones they made,[link widoczny dla zalogowanych], and other brands for the rest. Police seized about half a ton of goods including 450 finished products,[link widoczny dla zalogowanych], 6,[link widoczny dla zalogowanych],000 made-in-China bodies and 3,[link widoczny dla zalogowanych],500 batteries.
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In a Democratic Party financial meeting on Wednesday, Chairman Chung Se-kyun said, "Strategy and Finance Minister Kang Man-soo, the chief government economic policy maker, has won the president's trust but not that of market players, financial officials and the people.

[yuvsgvoand]

A regular freight train service between the two Koreas resumed last December after a break of 56 years,[link widoczny dla zalogowanych], but some 92 percent of trains were empty,[link widoczny dla zalogowanych], it emerged Thursday.
According to Unification Ministry data disclosed by Grand National Party lawmaker Kwon Young-se of the Foreign Affairs,[link widoczny dla zalogowanych], Trade and Unification Committee,[link widoczny dla zalogowanych], 150 of 163 regular freight trains that ran between Munsan in South Korea and Bongdong in the Kaesong Industrial Complex in North Korea from December last year until August this year transported no cargo.
The 13 occasions when it did carry cargo amount to an average of only about 1.5 times a month. In May,[link widoczny dla zalogowanych], July and August this year the trains carried no cargo at all. Trains have transported 308 tons of cargo to the North and imported 42 tons from there. "A total of some W272 million (US$1=W1,[link widoczny dla zalogowanych],406) was wasted due to the operation of empty cargo trains,[link widoczny dla zalogowanych],�� Kwon said.
The two Koreas agreed to resume the cross-border freight train service at the summit in October last year. The train has run once a day except weekends and holidays since Dec. 11. A 12-carriage train ran until January,[link widoczny dla zalogowanych], but since February there have been only two pieces of rolling stock,[link widoczny dla zalogowanych], engine and carriage, if there was no cargo to transport. Kwon said,[link widoczny dla zalogowanych], "This is a graphic example of the showy nature of the previous government's relations with the North."
A Unification Ministry official said,[link widoczny dla zalogowanych], "Train freight rates are lower than truck cargo rates only when trains carry heavy-duty cargo and run long distances. Many of the products made at the Kaesong Industrial Complex are light-weight goods such as garments and dolls. Such cargo doesn't usually need trains,[link widoczny dla zalogowanych], and their main destination in any case is the Seoul area."

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In a Democratic Party financial meeting on Wednesday, Chairman Chung Se-kyun said, "Strategy and Finance Minister Kang Man-soo, the chief government economic policy maker, has won the president's trust but not that of market players, financial officials and the people.

[yuvsgvoand]

Seoul has completed sending 150,[link widoczny dla zalogowanych],000 tons of free fertilizer it had promised to North Korea,[link widoczny dla zalogowanych], to aid the impoverished country's spring planting season. In a telegram to the South Korean Red Cross last Friday,[link widoczny dla zalogowanych], the North thanked Seoul for the fertilizer.
A Unification Ministry official said Pyongyang also asked Seoul for another 300,[link widoczny dla zalogowanych],000 tons of fertilizer. A similar request was made in February,[link widoczny dla zalogowanych], bringing the total to 450,[link widoczny dla zalogowanych],000 tons. Seoul promised to send 150,[link widoczny dla zalogowanych],000 tons first and did not specify if and when it will ship the remaining 300,[link widoczny dla zalogowanych],000 tons. The matter is expected to be discussed during inter-Korean ministerial talks next week in Pyongyang.
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In a Democratic Party financial meeting on Wednesday, Chairman Chung Se-kyun said, "Strategy and Finance Minister Kang Man-soo, the chief government economic policy maker, has won the president's trust but not that of market players, financial officials and the people.

[yuvsgvoand]

,[link widoczny dla zalogowanych]
North Korea's official Rodong Sinmun daily on Thursday turned the tables on the U.S. in controversy over Pyongyang's dismal human rights record. "Before the U.S. finds fault with human rights issues in other countries,[link widoczny dla zalogowanych], it must apologize for the abuse of detainees,[link widoczny dla zalogowanych], its operation of top-secret overseas prison camps,[link widoczny dla zalogowanych], and the use of chemical weapons,[link widoczny dla zalogowanych], among other atrocities and affronts to human rights the country has committed,[link widoczny dla zalogowanych]," the party paper said.
Under the headline "Revealing the Ugliness and True Colors of a Human Rights Criminal,[link widoczny dla zalogowanych]," the paper called "hypocritical" and "shameless" the U.S.' posture as a champion of human rights calls,[link widoczny dla zalogowanych], which it said masked Washington's infringement on the autonomy of other nations.
"It debases human rights and makes a mockery of humanity when the U.S. comments on human rights in other countries,[link widoczny dla zalogowanych]," the paper said. "The imperialist U.S. is the king of human rights abusers and has not the slightest right to talk about human rights issues."
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In a Democratic Party financial meeting on Wednesday, Chairman Chung Se-kyun said, "Strategy and Finance Minister Kang Man-soo, the chief government economic policy maker, has won the president's trust but not that of market players, financial officials and the people.