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North Korea Threatens Passenger Flights
North Korea has threatened South Korean civilian planes flying near its airspace amid heightened tensions on the divided peninsula.
The U.S. Financial System Is Effectively Insolvent
forbes.com — For those who argue that the rate of growth of economic activity is turning positive--that economies are... contracting but at a slower rate than in the fourth quarter of 2008--the latest data don't confirm this relative optimism. In 2008's fourth ... (more) The U.S. Financial System Is Effectively Insolvent
Coal exporters feel the chill from Asian downturn
business.smh.com.au — THE demand for thermal coal - NSW's most valuable export - has begun to reduce dramatically in... response to the need for less power to drive heavy industry in countries such as Taiwan, Japan and South Korea. The spot price of thermal coal from ... (more) Coal exporters feel the chill from Asian downturn
South Korea’s Exports Drop 17.1% on Global Recession (Update1)
South Korea’s Exports Drop 17.1% on Global Recession (Update1)
bloomberg.com — March 2 (Bloomberg) -- South Korea’s exports fell for a fourth month in February, extending the longest... run of declines since 2002, on weaker demand from the U.S., Japan and Europe. Overseas shipments decreased 17.1 percent to $25.8 billion from a ... (more) South Korea’s Exports Drop 17.1% on Global Recession ...
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Related: north korea
North Korea Says Troops Ready For "War"Breaking News: CBS News
North Korea has put its armed forces on standby for war and threatened retaliation against anyone seeking to stop the regime from launching a satellite into space in the latest barrage of threats from the communist regime.
Defector from North arrestedThe Japan Times: All Stories
OSAKA (Kyodo) The Osaka Prefectural Police on Sunday arrested a Japanese woman who defected from North Korea on suspicion of passing off four Chinese nationals as her relatives and enabling them to enter Japan. The four Chinese were also arrested, police officials said. Read the full story  ...
Lessons from history for abduction policyThe Japan Times: All Stories
To the delight of the Aso administration, Hillary Clinton not only first made Japan her first foreign visit as U.S. secretary of state, but she met with families of Japanese abducted by North Korea. Unfortunately, by giving the impression that she agrees with Japan, her gesture may prevent a ...
Aegis ships may target missile from NorthThe Japan Times: All Stories
Aegis destroyers carrying Standard Missile-3 interceptors will be deployed to the Sea of Japan to prepare for a possible North Korean missile launch, defense sources said Tuesday. North Korea claims it is preparing to launch a satellite into orbit, but Japan's missile defense guideline allows ...
North Korean rocket launch could draw new sanctionsThe Japan Times: All Stories
North Korea could face new sanctions if it launches a long-range ballistic missile in violation of a 2006 U.N. Security Council resolution, even though Pyongyang is claiming it only plans to put a satellite in space, Prime Minister Taro Aso indicated Monday. Asked if the government will ...
Kim Jong Il 'wins' North Korea electionsWorld News from Times Online
Kim Jong Il has been unanimously re-elected to the North Korean parliament, after 100% turn-out in elections closely watched for signs of a political shift or hints the autocratic leader is grooming a successor.
Passenger flights diverted after North Korea threatsWorld News from Times Online
International passenger flights have been diverted after the government of North Korea threatened military action against South Korean airliners in the latest escalation of verbal hostilities between the two enemies.