Woo hoo! My mortgage payment won't be going up! Woo hoo! That's three vanilla lattes I'll save (I have a small mortgage for my nearly thirty-year-old apartment).
- Citing economic uncertainty and government pressure, Bank of Korea freezes benchmark rate at 2.0 percent for thirteenth straight month (Yonhap, Bloomberg, Reuters via CNBC, AP via CNBC, WSJ, Korea Herald)
- Pyongyang recalls its ambassador to the UN in Geneva (AP via WaPo, Chosun Ilbo, Donga Ilbo)
After fifteen days, Pusan police capture man suspected of kidnapping, raping, and killing thirteen-year-old Pusan resident (Korea Times, Joongang Daily)
Washington dismisses Pyongyang's concerns over ROK-US war games (AFP)
President Lee rejects opposition party calls for extra budgetary measures to create jobs (Yonhap)
Baptist group sues KBS over being forced to handle giant wooden phallus during Lunar New Year photo-op (Yonhap)
- Ri Tcheul also considered to be key manager of Kim Jong-il's alleged secret funds stashed overseas
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