Word: koreans
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...decline, which goes back to the energy crisis of the 1970s, has been accelerating lately, compounded by competition from Japanese and Korean brands, another burst of high gasoline prices, the bankruptcy of its largest parts supplier, Delphi, in Troy, Mich., and perhaps most critically, a glut of SUVs and sedans. For all those reasons, Wall Street is discounting GM's chances of survival. Bearish analysts say there's a 40% chance the company will go bust in a couple of years. "The forces working on the auto industry--not just on GM--are gigantic," says Gerald Meyers, a former chairman...
...TIME today that he will be publishing a correction in coming weeks concerning the source of the eggs, clarifying that the donors had not, as the study originally stated, all been unpaid volunteers. After that, he said, they will await the reports from the investigations conducted by the South Korean Ministry of Health and by Seoul National University, where Hwang is a faculty member, and where he will continue to do stem cell research, to determine whether the integrity of Hwang's results were compromised in any way. So far, that does not seem to be the case. "We have...
...lack of human eggs three years ago that is the source of Hwang's trouble today. The South Korean researcher, who in 2004 became the first to clone human cells and extract stem cells from them, stepped down from the World Stem Cell Hub, but will remain in charge of his lab at Seoul National University after confirming that two members of his team in 2003 had donated eggs for stem cell research. The news came just days after Hwang's partner, Sung Il Roh, disclosed that he had paid more than two dozen women $1,500 each for eggs...
...produced a series of major steps forward in 2005, including the creation of the world's first cloned dog, Snuppy, by a process that was named by TIME earlier this month as the Invention of the Year. At a website called "I Love Hwang Woo Suk," decorated with a Korean flag and pictures of Hwang with Snuppy, many members have posted messages saying they would love to donate eggs. The founder of the site staged a 10-hour, one-man demonstration in front off MBC's offices Thursday, holding a candle as he stood in a cardboard box on which...
...professor of medical science at the Catholic University of Korea in Seoul and a member of the Korean Bioethics Association, described Korean reaction as "very emotional and very supportive" of Hwang's research: "They are enraged at the idea that ethical concerns could block scientific advances." She said government and media are confusing the public by obscuring the real issue-that "Korean science has lost credibility in the world." Seoul National University's oversight committee announced that its investigation showed no ethical or legal problems, she notes, but "Korea's representative scientist just turned out to be a liar...