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Eurozone Agrees to Bail Out Spanish Banks
Euro zone finance ministers have agreed to lend Spain up to 100 billion euros ($125 billion) to bail out its troubled banks as Madrid officially stated its intention to ask the Eurogroup for help. “The loan amount must cover estimated capital requirements with an additional safety margin, estimated as summing…
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Defending evolution theory
Why does religion try to replace science? Koreans are no longer strangers to global attention ― both cheers and jeers ― economically and culturally. Yet the latest duel between evolutionists and creationists here and foreigners’ interest it has generated are hardly welcome, if not downright shameful. “Nature,” the global science…
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N. Koreans convicted of trying to steal rocket technology from Ukraine
Two North Korean nationals were sentenced to eight year prison terms after being caught trying to steal secret rocket technology from the Ukraine, local sources said Saturday. Sources said the North Koreans identified as Ryu Song-chul and Lee Tae-kil were arrested for spying in July after they tried to steal…
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Korea downs Qatar 4-1 in World Cup qualifier
Korea came from a goal down to beat Qatar 4-1 and get its campaign off to a rousing start in Asian qualifying for the 2014 World Cup on Friday. Qatar, the 2022 World Cup host, appeared poised for an upset when Yousef Ahmad Ali rushed past a defender and fired…
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Business
Doosan Group goes paperless with iPad
Doosan Group Chairman Park Yong-maan is a chief executive who quickly adapts to change. He frequently tweets the public and tries out new technologies to stay ahead of the pack. In this spirit of adaptation and innovation, Park is now trying to make Korea’s oldest conglomerate become a paperless operation…
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IT-Science
Preparing for counterattack
Mobile carriers bet on VoLTE against free Internet calls The nation’s three domestic mobile carriers are speeding up developments for voice over long-term evolution (VoLTE) to commercialize it following the recent launch of Kakao Talks’ free Internet call service. The most popular mobile messenger service here launched its VoIP (voice…
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Politics
Korea asks US to sell cluster bombs
The Defense Security Cooperation Agency (DSCA), an arm of the U.S. Department of Defense, has asked the U.S. Congress to approve Seoul’s request to buy 367 advanced cluster bombs. “The Defense Security Cooperation Agency notified Congress June 1 of a possible Foreign Military Sale to the Government of the…
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Column
Pakistan suffers from power shortage
Pakistan is facing severe power crisis since a decade, as against the demand of about 19000MW electricity, it produces hardly 11000 to 12000MW through its all resources including hydro power plants installed at dams and some others operating on furnace oil and gas besides two nuclear power plants. Some power…
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Column
Children of sex workers bring honor for Bangladesh
The young Karate team from Bangladesh, achieved marvelous success in the just concluded 18th International High School Karate and Kick Boxing Champion-ship in Katmandu, Nepal. The competition was held from 24th May, 2012 to 1st June, 2012 with a total of 375 participants from eleven countries. Among the eleven participating…
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Chasm in South China Sea
The controversy about China’s juridical claim over the 3.5-million sq.km South China Sea is hotting up, following US defence secretary Leon Panetta’s visit to India, earlier this week. Termed as the ‘US pivot to Asia’ in which Panetta wanted India to play ‘a lynchpin’, the important Asia-Pacific region will witness…
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