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...Hill will need to turn up the heat on North Korea even more. His somewhat unlikely ally in pressuring Pyongyang is Lee Myung Bak, 66, the newly inaugurated President of South Korea. Lee, a conservative who says he wants closer ties with Washington, has vowed to take a tougher line toward his uncooperative Northern neighbor, in stark contrast to the "Sunshine Policy" Seoul has pursued for the past 10 years. This program of engagement allowed North Korea, without giving up much of anything, to gorge on a smorgasbord of South Korean aid amounting to more than $800 million...
...Lee, however, has placed these costly projects on hold. He says he expects the North's cooperation on issues important to Seoul, such as holding reunions of families that have been separated since the end of the Korean War. Perhaps more importantly, Lee is making greater economic ties contingent on progress in denuclearization. If Kim completely abandons all of his nuclear programs, Lee says he'll institute a vast aid package aimed at tripling North Korea's annual per capita gross national income to $3,000. (South Korea's is more than $20,000.) Says Kim Tae Hyo, Lee...
...April and May, some 70 different institutional investors will be pushing to add an annual provision to let shareholders vote up or down on how companies pay their top five executives. Earlier this week, about 150 institutional investors and representatives from companies like Pfizer, Morgan Stanley, Dell, BP, Sara Lee, Fed Ex, Procter & Gamble and United Health gathered in New York for a roundtable on say-on-pay votes. Such votes wouldn't actually be binding, but they still might serve to pressure firms into behaving the way shareholders want them to, especially when it comes to linking...
Quincy House Master Lee Gehrke said he had yet to hear about the proposed name change, but said that he was concerned it might confuse people looking for buildings on Plympton...
...backgrounds and had different approaches,” Saretsky said, referring to O’Callaghan usually running mid-distance and Clifford usually running long distance events.Elsewhere on the women’s side, the 4x400-meter relay team of O’Callaghan, sophomore Katie Orchowski, freshman Thea Lee, and senior Erika Geihe pulled in an eighth-place finish with a time of 4:08.32.Co-captain Sally Stanton and classmate Clara Blattler topped the list in the pole vault. Both cleared the 3.50-meter bar, but because Stanton passed in fewer attempts she came away with first place.On...