- North Korea says South Korea will pay a "dear price" for Yellow Sea naval clash, calls it a planned provocation (NYT, WaPo, Reuters, AFP, Bloomberg)
- Bank of Korea keeps key interest rate at record low of 2.0% for ninth straight month (AP via WaPo, WSJ, Bloomberg, Korea Times)
- ROK President Lee Myungbak, in Singapore for APEC summit, says he plans to maintain expansionary policy for the time being (Reuters via CNBC)
- Death toll from H1N1 "swine flu" jumps to 64 (Yonhap)
- Life expectancy to reach 79.4 years in 2010 (Korea Times, Chosun Ilbo, Joongang Daily)
- Kim Jong-il ranks #24 on Forbes list of 67 most powerful people; no South Koreans make the list (Chosun Ilbo)
- Math and English sections of CSAT rated harder than in past years (Donga Ilbo)
- ROK Defense Ministry considering allowing women to volunteer as rank-and-file soldiers to make up for manpower shortfalls (Korea Times, Korea Herald)
- Justice Ministry presses ahead for revisions allowing dual nationality (Donga Ilbo)
- Hyundai predicts greater global sales in 2010 than in 2009 (Reuters via CNBC)
- French envoy Jack Lang meets with North Korea's nominal Number-two (Yonhap)
- When asked about the possible destruction of Earth in 2012, 85% of respondents in South Korea answer, "No, I'm not worried at all... Why? Should I be? ... I mean, I haven't heard about this before. What's supposed to happen? Why aren't you telling me? Is this for real? Speak to me, aßßhole! Oh, God, I should call my family! Leave me alone. Just leave me alone. [inaudible sobbing]" (Yonhap)
Friday, November 13, 2009
Korea news links for November 13, 2009: Two percent
North Korea is saying that South Korea will pay a dear price for the naval crash in the Yellow Sea, but lucky for us, that dear price calculated at just 2% interest. Okay, okay... that was about the lamest way I could ever possibly have connected the top two stories of the day.
I'm actually quite happy about the interest rate remaining at 2%, since my mortgage is an adjustable-rate one (that's what they were offering, and it seemed like a good idea at the time). Meanwhile, we saw a huge spike in H1N1 deaths, from 52 to 64, but it's nothing like the 3900 they're now saying have occurred in the US.