Word: seoul
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...Street Journal. The surprise was that policymakers and bankers had the guts to allow Daewoo to collapse. Daewoo was an icon of Korea's astounding economic miracle. Aside from cars, group companies made trucks, ships and TV sets, brokered stocks and built buildings. The Daewoo-owned Hilton Hotel in Seoul even had a pretty good Italian restaurant. More important, Daewoo invested in industries, like cars, perceived as core to the Korean economy. (See the 50 worst cars of all time...
...well - or at least, outside of these particular ethics questions. In 2004, South Korean researcher Hwang Woo Suk shot to fame after claims that his team had successfully extracted potentially disease-curing stem cells from a cloned human embryo. However, mere months later, Hwang's reputation dissolved after a Seoul National University panel concluded that much of his research was "intentionally fabricated." Hwang was accused of doctoring pictures of his supposed patient-specific stem-cell lines and was forced to resign. Though the controversy stunned South Korea, the nation resumed its cloning research, and in 2008 it unveiled seven Labrador...
...would shut the inter-Korean border within weeks. South Korea's Unification Ministry said North Korea, which has tolerated similar propaganda leaflets being floated in past years, made it clear that it would not accept messages saying the Dear Leader's days are numbered. Now, Pyongyang is blaming Seoul for failing to keep its activists in check...
...Seoul is no stranger to propaganda battles with the North, and only agreed four years ago that both governments would permanently end decades of propaganda warfare. For decades, the two countries pummeled each other with insults, denouncing each other's governments on radio broadcasts, loudspeakers across the demilitarized zone and on so-called 'paper bombs' - bundles of leaflets the two countries fired at each other. Then, in 2004, an agreement was reached to end the assaults. But since President Lee Myung Bak took office in February, relations with Pyongyang have again deteriorated. In July, when a South Korean housewife...
...Seoul is upset over the possibility that Pyongyang might shut the border, crippling a highly symbolic four-year-old joint industrial complex between North Korean and South Korean companies. Since South Korean laws protect freedom of speech, there's little the government can do to legally stop activists like Choi. That doesn't mean they don't try. "We cannot stop this activity," said one official at the Unification Ministry's public information office. "But we are making efforts." The Ministry would not outline how it has been trying to ground the balloons, but Choi says government officials have visited...