Tag Archives: Korea

Readout of the President's Call with Republic of Korea President Lee Myung-bak

By The White House

The President spoke to Republic of Korea President Lee Myung-bak this morning to consult and coordinate on the response to North Korea’s announced nuclear test. The two leaders condemned this highly provocative violation of North Korea’s international obligations. They agreed to work closely together, including at the United Nations Security Council, to seek a range of measures aimed at impeding North Korea’s nuclear and ballistic missile programs and reducing the risk of proliferation. President Obama unequivocally reaffirmed that the United States remains steadfast in its defense commitments to the Republic of Korea, including the extended deterrence offered by the U.S. nuclear umbrella. The President also thanked President Lee for his leadership and friendship over the past four years and pledged to work closely with President-elect Park to further strengthen U.S.-ROK cooperation.

…read more
Source: White House Press Office

China firmly opposes North Korea's nuke test

China expressed its “firm opposition” to erstwhile ally North Korea‘s latest nuclear test Tuesday and called for new denuclearization talks.

The statement from the Foreign Ministry reflects Beijing‘s growing frustration with its communist neighbor’s provocative behavior, as well as its reluctance to impose more severe measures that could destabilize the North’s hardline regime.

“The Democratic People’s Republic of Korea, heedless of widespread international opposition, has again carried out a nuclear test, to which the Chinese government expresses its firm opposition,” the statement said, referring to North Korea by its official name.

The statement said China maintained its resolute stance of advocating a nuclear-free Korean Peninsula, opposition to nuclear proliferation, and support for the maintenance of stability on the peninsula. It called on North Korea to abide by its denuclearization pledge, and not to “take additional actions that could cause the situation to further deteriorate.”

The statement did not point to any specific actions Beijing would take in response to the nuclear test, the North’s third. But it called on all sides to “respond calmly” and said issues should be resolved within the framework of long-stalled denuclearization talks involving North Korea, China, the U.S., South Korea, Japan and Russia.

China is the North’s biggest source of aid and diplomatic support, but it issued an unusually strong reaction to Pyongyang’s December rocket launch by agreeing to tightened United Nations sanctions on the country.

…read more
Source: FULL ARTICLE at Fox World News

North Korea apparently conducts third atomic test

North Korea apparently conducted a widely anticipated nuclear test Tuesday, strongly indicated by an “explosion-like” earthquake that monitoring agencies around the globe said appeared to be unnatural.

There was no confirmation from Pyongyang that it had conducted the underground test, which it has been threatening for weeks.

Any test would be seen as another big step toward North Korea‘s goal of building a warhead that can be mounted on a missile. It would also be a bold signal from young leader Kim Jong Un, who took power in December 2011 following the death of his father, Kim Jong Il.

The South Korean Defense Ministry, which raised its military alert level after the quake, said it was trying to determine whether it was a test. Nuclear blasts can create tremors but they are distinct from those caused by natural earthquakes.

A nuclear test would also be a challenge to the U.N. Security Council, which recently punished Pyongyang for launching a long-range rocket seen as a covert test of ballistic missile technology. In condemning that December rocket launch and imposing more sanctions on Pyongyang, the council had demanded a stop to future launches and ordered North Korea to respect a ban on nuclear activity — or face “significant action” by the U.N.

A world nuclear test monitoring organization said it detected what it called an “unusual seismic event” in North Korea.

“The event shows clear explosion-like characteristics and its location is roughly congruent with the 2006 and 2009 DPRK nuclear tests,” said Tibor Tóth, the executive secretary of the Comprehensive Nuclear Test Ban Treaty Organization. The DPRK refers to North Korea‘s formal name, the Democratic People’s Republic of Korea.

“If confirmed as a nuclear test, this act would constitute a clear threat to international peace and security, and challenges efforts made to strengthen global nuclear disarmament and non-proliferation, in particular by ending nuclear testing,” Tóth said.

Kim Min-seok, a South Korean Defense Ministry spokesman, told reporters that North Korea informed China and the United States of its plans to conduct a nuclear test. It was not clear when Pyongyang told Beijing and Washington.

The U.S. Geological Survey as well as earthquake monitoring stations in South Korea detected an earthquake near a site where North Korea conducted its second nuclear test in 2009, according to …read more
Source: FULL ARTICLE at Fox World News

South Korea believes North Korea conducted third atomic test

North Korea apparently conducted a widely anticipated nuclear test Tuesday, strongly indicated by an “explosion-like” earthquake that monitoring agencies around the globe said appeared to be unnatural.

There was no confirmation from Pyongyang that it had conducted a test, which it has been threatening for weeks.

Any test would be seen as another big step toward North Korea‘s goal of building a warhead that can be mounted on a missile. It would also be a bold signal from young leader Kim Jong Un, who took power in December 2011 following the death of his father, Kim Jong Il.

The South Korean Defense Ministry, which raised its military alert level after the quake, said it was trying to determine whether it was a test. Nuclear blasts can create tremors but they are distinct from those caused by natural earthquakes.

A nuclear test would also be a challenge to the U.N. Security Council, which recently punished Pyongyang for launching a long-range rocket seen as a covert test of ballistic missile technology. In condemning that December rocket launch and imposing more sanctions on Pyongyang, the council had demanded a stop to future launches and ordered North Korea to respect a ban on nuclear activity — or face “significant action” by the U.N.

A world nuclear test monitoring organization said it detected what it called an “unusual seismic event” in North Korea.

“The event shows clear explosion-like characteristics and its location is roughly congruent with the 2006 and 2009 DPRK nuclear tests,” said Tibor TDoth, the executive secretary of the Comprehensive Nuclear Test Ban Treaty Organization. The DPRK refers to North Korea‘s formal name, the Democratic People’s Republic of Korea.

“If confirmed as a nuclear test, this act would constitute a clear threat to international peace and security, and challenges efforts made to strengthen global nuclear disarmament and non-proliferation, in particular by ending nuclear testing,” TDoth said.

Kim Min-seok, a South Korean Defense Ministry spokesman, told reporters that North Korea informed China and the United States of its plans to conduct a nuclear test. It was not clear when Pyongyang told Beijing and Washington.

The U.S. Geological Survey as well as earthquake monitoring stations in South Korea detected an earthquake near a site where North Korea conducted its second nuclear test in 2009, according to the government-funded Korea Institute of Geoscience and Mineral Resources.

“There is a high possibility that North Korea has conducted a nuclear test,” said Chi Heoncheol, an earthquake specialist at the institute. Chi said a magnitude 3.9 magnitude earthquake and a magnitude 4.5 earthquake were detected in the North’s 2006 and 2009 nuclear tests.

South Korean, U.S. and Japanese seismic monitoring agencies put the magnitude of Tuesday’s quake between 4.9 and 5.2.

“We think it is possible it came about as a result of a nuclear test by North Korea from looking at past cases,” Japanese government spokesman Yoshihide Suga said at a news conference Tuesday, noting that they were still gathering information.

“A natural earthquake normally starts with a smaller tremor followed by a larger one. This quake’s strength was the same …read more
Source: FULL ARTICLE at Fox World News

President Obama Announces Presidential Delegation to the Opening Ceremony of the 10th Special Olympics World Winter Games

By The White House

President Barack Obama today announced the designation of a Presidential Delegation to PyeongChang, Korea to attend the Opening Ceremony of the 10th Special Olympics World Winter Games on January 29, 2013.

The Honorable Tom Vilsack, U.S. Secretary of Agriculture, will lead the delegation.

Member of the Presidential Delegation:

The Honorable Sung Kim, U.S. Ambassador to the Republic of Korea

The Honorable Judith E. Heumann, Special Advisor for International Disability Rights, Department of State

Ms. Julie Petty, Member of the President’s Committee for People with Intellectual Disabilities

Source: FULL ARTICLE at The White House Press Office

Hana Financial: Aim to Fully Own Korea Exchange Bank Via Share Swap; Delist in April

Hana Financial Group (086790.SE), one of top four banking groups in Korea, said Monday it aims to increase its ownership in Korea Exchange Bank (004940.SE) to 100% from its current 60% via a share swap and eventually delist it, in a widely expected move since it bought KEB last year for $3.5 billion.
Source: FULL ARTICLE at Fox Business Headlines

Army veteran in wheelchair scares off burglar with gun

A U.S. army veteran who uses a wheelchair confronted a burglar with a pistol, scaring the intruder away from his home.

Mark Sikes of Bogart, Georgia, tells MyFoxAtlanta.com that he was watching TV when he heard a noise at his door and saw a man appear in his hallway.

“I reached and got the gun out of my drawer and kind of raised it up,” Sikes said. “He took off and ran out the front door.”

Sikes, who served as a military police officer in Korea, says he’s keeping his 9mm pistol close by following the attempted burglary, MyFoxAtlanta.com reports.

He hopes the close encounter serves as a warning sign for the would-be burglar.

“Find something else to do besides try to rob people because you came real close to losing your life yesterday,” Sikes tells MyFoxAtlanta.com.

Police in Athens-Clarke County are searching for the suspect, who Sikes said was dressed in black and may have had a car waiting for him.

Click here for more from MyFoxAtlanta.com.

Source: FULL ARTICLE at Fox US News

Statement by President Obama on Ambassador Ron Kirk’s Announcement to Depart in Late February

By The White House

I want to thank Ambassador Kirk for his hard work on behalf of the American people over the past four years. There’s no question Ron delivered results for the American people and for our economy. From bringing home new trade agreements with Korea, Colombia and Panama and negotiating to open up new markets for American businesses, to cracking down on unfair trade practices around the world, he has been a tremendous advocate for the American worker. As a former mayor, Ron was relentless in making the case to the American public that a balanced, thoughtful trade policy can contribute to a stronger economic future for America. I appreciate his service and wish him the best of luck.

Source: FULL ARTICLE at The White House Press Office

Uh-oh: Maker of N. Korea's Rocket Was … N. Korea

By Matt Cantor The rocket that North Korea successfully launched last month was mostly homemade, South Korea says, fueling concerns about Pyongyang’s ability to produce weapons despite international sanctions. “North Korea is believed to have made a majority of components itself, although it used commercially available products imported from overseas,” says a South…
Source: FULL ARTICLE at Newser – Home

2014 Kia Cadenza Photos and Info: Diving Into the Entry-Luxury Segment [2013 Detroit Auto Show]

By Austin Lindberg

2014 Kia Cadenza

Late last year, Kia vice chairman Hyoung-Keun Lee said that the brand would be a genuine competitor to the established luxury automakers by 2017. That time frame seems rather ambitious considering that Kia has gone without a flagship here since the Amanti went out of production in 2010, and a competitive flagship since, well, ever. (The plan also seems ambitious because, well, just read it again.) And while the rear-drive Quoris/K9 is Kia’s range-topper in Korea, its derivative design and distant arrival—it won’t be sold here until some time next year—aren’t setting pulses racing. This car, the Kia Cadenza, probably won’t do that either, but its maker used the car’s debut to announce its entry into the luxury-sedan segment. READ MORE ››

2013 Detroit Auto Show full coverage

Source: FULL ARTICLE at Car & Driver

Jack Reacher Sequel Looking Unlikely

Jack Reacher is yet to open in several territories, but according to The Hollywood Reporter, the film will struggle to make enough money to justify a sequel.

The action thriller – which stars Tom Cruise – has grossed $153m thus far, with THR sources claiming that the film will need to gross more than $250m for studio Paramount to even consider a follow-up.

That means Reacher would have to score big in Japan, China and Korea, which isn’t out of the question as Cruise is a huge star in Asia.

But it’s hardly the franchise starter that Paramount was hoping from, and a long way from the gross of Cruise’s last film, Mission: Impossible – Ghost Protocol, which scored a whopping $694.7m worldwide.

Continue reading…

Source: FULL ARTICLE at IGN Movies