Left: James DeHart the U.S. chief negotiator for the 11th Special Measures Agreement, holds a press briefing at the American Center Korea in Yongsan District, central Seoul on Friday, after walking away from the third round of talks to negotiate the next bilateral cost-sharing deal. Right: Jeong Eun-bo, Korea’s chief negotiator for the SMA, holds a press briefing later on in the afternoon at the Ministry of Foreign Affairs in central Seoul explain while the talks were cut short. [YONHAP]Talks between Seoul and Washington on sharing of costs for U.S. troops were cut short Tuesday after Korea resisted U.S. demands for a drastic increase in its contribution. Korea’s chief negotiator, Jeong Eun-bo, and his U.S. counterpart, James DeHart, kicked off a third round of talks in Seoul to negotiate the 11th Special Measures Agreement (SMA) on Monday. The talks were set to run through the next day, and the meeting resumed at 10 a.m. Tuesday. But it came to an abrupt end around 80 … [Read more...] about Americans walk out of cost-sharing talks
Americans storm out of cost-sharing talks
Left: James DeHart, the U.S. chief negotiator for the 11th Special Measures Agreement (SMA), holds a press briefing at the American Center Korea in Yongsan District, central Seoul on Tuesday, after walking away from the third round of talks to negotiate the next bilateral cost-sharing deal. Right: Jeong Eun-bo, Korea’s chief negotiator for the SMA, holds a press briefing later on in the afternoon at the Ministry of Foreign Affairs in central Seoul to explain why the talks were cut short. [YONHAP]Talks between Seoul and Washington on sharing of costs for U.S. troops were cut short Tuesday after Korea resisted U.S. demands for a drastic increase in its contribution. Korea’s chief negotiator, Jeong Eun-bo, and his U.S. counterpart, James DeHart, kicked off a third round of talks in Seoul to negotiate the 11th Special Measures Agreement (SMA) on Monday. The talks were set to run through the next day, and the meeting resumed at 10 a.m. Tuesday. But it came to an abrupt end … [Read more...] about Americans storm out of cost-sharing talks
FTC accuses Naver of undermining market
The Fair Trade Commission (FTC) has started proceedings to take action over Naver’s alleged abuse of its position in the search market by giving preferential treatment to its services over its competitors.The antitrust body sent a report on the alleged abuses to the portal operator on Monday, outlining measures such as correction orders and a fine. The notification is similar to a prosecutor’s indictment.“Naver has used its position in the portal market to dismantle the market’s competitive order,” said an FTC official. Naver is accused of abusing its position in the search market by placing its services at the top of search results. The company provides a wide range of services including shopping, real estate and video content. For example, products that can be bought through Naver Pay or are registered in Naver’s Smart Store service are listed above other search results. The FTC also found similar results for property listing searches and video … [Read more...] about FTC accuses Naver of undermining market
Kia Motors’ Georgia plant celebrates 10 years
Georgia Governor Brian Kemp, left, and Hyundai Motor Group Executive Vice Chairman Euisun Chung pose for a photo during a ceremony held Monday to commemorate the 10th anniversary of Kia Motors’ Georgia plant. [KIA MOTORS] Kia Motors said it has produced 3 million cars at its Georgia plant over the last 10 years on Monday.The plant, which is celebrating its 10th birthday, started operations in November 2009, producing Sorento SUVs. In the first year, the plant produced some 15,000 cars. In September this year the plant passed the 3-million-vehicle mark, according to Kia. The carmaker said the factory has contributed to expanding its presence in the U.S. auto market. “Even while the U.S. auto market has contracted this year, sales of Kia cars through October increased by 3.3 percent year-on-year,” Kia said in statement. “Among the Kia cars sold in that period, the three models produced at the Georgia plant - Optima, Sorento and Telluride - account for over 40 … [Read more...] about Kia Motors’ Georgia plant celebrates 10 years
‘Ashfall’ brings new threat to Seoul: a volcano: Disaster movie asks what people will do to protect their loved ones
From left, actors Lee Byung-hun, Bae Suzy, Jeon Hye-jin, Ha Jung-woo, and co-directors Lee Hae-jun and Kim Byung-seo pose for the cameras after a press conference for their upcoming film “Ashfall” at Apgujeong CGV in southern Seoul. The film is set to be released next month. [YONHAP]A zombie apocalypse, poisonous gases and unknown viruses have all descended upon Seoul in movies over the past few years, so why not a volcanic eruption? Over the years, directors have enjoyed bringing several “what if?” situations to the screen with the help of state-of-the-art movie technology and some of the country’s best actors. This time, directors Kim Byung-seo and Lee Hae-jun are introducing a plausible crisis situation that hasn’t been seen in a local movie before through their upcoming film “Ashfall,” which asks the question: What if Mount Paektu, which has been dormant since 1903, erupts again?Mount Paektu is an active volcano situated on the … [Read more...] about ‘Ashfall’ brings new threat to Seoul: a volcano: Disaster movie asks what people will do to protect their loved ones
