The Korea Herald

Greek finance minister pitches case to U.S., IMF

IndustryJul 26, 2011

WASHINGTON (AFP) ― Greek Finance Minister Evangelos Venizelos said Monday that U.S. support is vital for Greece, after a day of Washington meetings as Athens pushed to finalize its second massive international bailout.“The support provided by the US government is especially important for Greece, for the eurozone, for the international economy and for the global economic governance,” he told report
‘Swift U.S. debt action in global interest’

IndustryJul 26, 2011
Unification Ministry names PR ambassadors

PeopleJul 26, 2011

The Unification Ministry named actor Jeong Jun-ho, movie director Kwak Kyoungtaek, singer Lee Seung-chul and actress Lee Yu-ri as its goodwillambassadors Monday. Goodwill ambassadors of the Unification Ministry, actress Lee Yu-ri and actor Jeong Jun-ho and Unification Minister Hyun In-taek (middle), attend the launch ceremony of the ministry’s 2011 peace march event Tuesday. (Yonhap News)The mini
Urban-planning expert to head GUIC

IndustryJul 26, 2011

Lee Jae-young, an urban housing and planning specialist, took office on Monday as the new president of the Gyeonggi Urban Innovation Corporation.A former chief the of the land and housing unit at the Ministry of Land, Transport and Maritime Affairs, he will orchestrate the state-funded company’s residential land development activities. Lee Jae-yongAt his inauguration ceremony in Suwon, Gyeonggi P
KBS recruits first disabled news anchor

PeopleJul 26, 2011

State-run broadcaster KBS said it has recruited Lee Chang-hoon, a disabled man with first-degree visual impairment, as a news anchor. Lee was selected from among 10 final candidates on Monday. A total of 523 people applied for the job. Lee Chang-hoonThe 25-year-old received high scores from all the judges during a news reading test, as he was able to quickly and precisely deliver news while his ha
[Lee Jae-min] Korean-made civil aircraft soars

ViewpointsJul 26, 2011

Korea has gotten one step closer to manufacturing passenger aircraft for commercial purposes as KC-100, dubbed as “Naraon,” soared into the sky last Wednesday in Sacheon, South Gyeongsang Province.According to the Ministry of Land, Transport and Maritime Affairs and Korea Aerospace Industries, this has made Korea the 28th country to manufacture civil aircraft. Obviously, this is another big stride
Will Bachmann’s migraines give GOP a headache?

ViewpointsJul 26, 2011

Migraine sufferers are all around us. Twelve percent of Americans ― almost one in eight ― are occasionally affected, and most of them don’t retire to a dark room for four days to recover.If you’re one of the afflicted, chances are you have a fairly strong opinion about whether U.S. Rep. Michele Bachmann’s migraines are a deal breaker in her campaign for president. That opinion is likely based on h
[Editorial] ‘Gangnam leftists’

EditorialJul 26, 2011

As Seoul Mayor Oh Se-hoon announces tomorrow the schedule for the Seoul residents’ referendum on free school meals which is likely to be held on Aug. 24, he will be most anxious about how the so-called “Gangnam leftists” would react to his policy of limiting the benefits to only children from low-income families. Gangnam leftists, according to Korea Herald columnist Kim Seong-kon, refer to leftist
[Editorial] Japan lawmakers’ visit

EditorialJul 26, 2011

Special Affairs Minister Lee Jae-oh and Grand National Party chair Hong Joon-pyo need to calm down from their irritation about Japanese lawmakers’ plan to visit Ulleung-do, an island in the East sea, next week. They rightly understand that the Japanese politicians’ ulterior motive is to raise controversy about the nearby Dokdo, but we should just treat them as some of the numerous Japanese tourist
‘Cinematheque connects past and future of cinema’

FilmJul 26, 2011

Extremely eloquent and calm in nature, Seoul Art Cinema’s program director Kim Seong-uk knows his job and films. Kim Seong-uk, program director ofthe Korean Associat ion of Cinematheques, speaks during aninterview with The Korea Herald onTuesday. (Claire Lee/The Korea Herald)Kim has been in charge of organizing both screenings and education programs for anyone who likes movies or learning about f
[Meghan Daum] Mob on Marcus Bachmann advised to stick to facts

ViewpointsJul 26, 2011

Marcus Bachmann, the husband of GOP presidential candidate Michele Bachmann, is having a bad month. Not only is his counseling clinic under attack for offering gay conversion therapy, he’s being pursued by an angry mob. Composed of gay activists, comedians, left-leaning bloggers and members of the alternative media, this mob is not only angry about Bachmann’s “pray the gay away” ideas, it’s growin
[Kim Seong-kon] ‘Global mix’ and hallyu’s popularity

ViewpointsJul 26, 2011

Why is hallyu (or the “Korean wave”) so popular these days? Why hasn’t “joonglyu” (the “Chinese wave”) or “illyu” (the “Japanese wave”) swept across the world, while hallyu continues to spread throughout not only Asia, but also Europe and Latin America? These are the questions one may ask while witnessing the enormous popularity of Korean movies, television dramas and pop songs overseas. Recently
[Chung Dooeum] Jiang Jieshi and Chinese Communist Party

ViewpointsJul 26, 2011

China has emerged as a major world power. The country’s emergence from obscurity into planned modernization has surprised many. The introduction of a market economy has released the Chinese people’s previously-repressed desire for material wealth, while giving them the means to attain it as well. Would China have been able to achieve the same economic progress under a non-Communist regime, say und
[Jon Lee] What SC First Bank needs to do to resolve disputes

ViewpointsJul 26, 2011

The following is a personal letter to SCB Group CEO, Peter Sands, from Jon Lee, a management consultant, for resolving current disputes at SC First Bank in Korea. ― Ed.Dear Mr. Sands,This letter is written in the hope that it can help resolve the current stalemate situation in Korea ― which is detrimental to everyone involved the longer it drags on.I write to you directly as you hold the key to re
Myanmar’s Suu Kyi holds rare talks with government

World NewsJul 26, 2011