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Two Koreas ‘at a turning point’ says South president

South Korean President Lee Myung-bak said a window of opportunity to improve ties was open. The Korean peninsula is at a “turning point” and there are opportunities for change, South Korean President Lee Myung-bak said in a new year speech. He said Seoul would “respond strongly” if provoked by North Korea, with whom it remains technically at war. But he said that the biggest goal was stability, and that aid-for-disarmament talks could resume if Pyongyang halted its nuclear activities. On Friday, North Korea told the people to not enspect much change from the new leadership. The Country’s Defence Commishion told the citizens of the North to defend Kim Jong-un to the last man, and to give all that they can to defend the Leader of North Korea. Kim Jong-un has succeeded his father, Kim Jong-il, who died on 17 December at the age of 69. Kim Jong-il had ruled North Korea since the death of his father, Kim Il-sung, in 1994. The impoverished and isolated communist country faces ongoing food shortages. Funds are channelled to the military and North Korea has conducted two nuclear tests since 2006. Lee Myung-bak said that peace was his priority and that a “window of opportunity” had opened for better ties with the North. He says that their is alot of turning points allong the Korean peninsula, and a window of opertunity could be underway to connect with the North. In the last two years, ties between the two Koreas have been extremely tense. Mr Lee’s decision to link the provision of aid to North Korea to progress on nuclear disarmament has angered the North. South Korea also blames its northern neighbour for sinking its warship in March 2010, killing 46 sailors. Eight months later, North Korea shelled a Southern border island, killing four people. Kim Jong-un took over after the death of his father, Kim Jong-il, two weeks ago, South Korea however, will matain a State of National Security along the 38Th Paraele, should the North go on the Ofenceve, and attack the South again… Pyongyang denies any role in the first incident and says South Korea provoked the second. It has castigated the South for failing to send a formal delegation to pay respects to Kim Jong-il. In the New Year Message, the Defence Commity in the North maid an announcement to defend the New Leader, dispite if they have to become a human shield. “The whole party, the entire army and all the people should possess a firm conviction that they will become human bulwarks and human shields in defending Kim Jong-un unto death.” Kim Jong-un, meanwhile, spent New Year’s Day visiting a tank division, state media said. His father was regularly reported to have visited factories, military units and agricultural projects on inspection tours around the country. The outcome of this, is for the moment, unknown, but it is belived, that maybe with the new leadership, we might be able to go forth and have a Conection with the North, that we have waited for for many years.

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Stockmarket In Perral As Uro Decreases

Yesterday, the Stockmarket was closed at a bad end for some companies.
The crisis is reaching an intense moment where it is threatening larger economies such as France and Italy, and leaders across the world have pressured European officials to act swiftly.
The euro fell by 0.37% to $1.390, while the greenback fell 0.19% against a basket of world currencies. Euro zone blue chips dipped 1.1%.
Housing, Consumer Confidence Take Spotlight
Consumer confidence was much lower than expected in October. The Conference Board’s gauge came in at 39.8, down from 46.4 the prior month, and far weaker than the 46 economists had expected. Confidence took a big hit from the late-summer market turmoil, and continued uncertainty over the economy and U.S. fiscal policy.
Mean while in all the termoil, Netflix coustumers are fleeing after a price increase from the movie rental company.
The NETFLIX INC. had a freefall yesterday with Stocks closing at -41.44. A Drop that may spell the end for Netflix if they continue to bump up prices, and continue to have Custumers flee towards other means of movie rentel services. As People pull out of their savings with NETFLIX, the Entertainment Corporation is going at a nose dive of 37% Custumers fleeing.
With the Uro on the Decreese, and all Stock Traiders with eyes on the falling European Currency, the fear of loosing their Savings & shairs continues to grow among the Stock & Global Finance World.
Traders have been keeping a close eye on Europe, where euro zone policymakers were set to meet on Wednesday in the second summit in four days to discuss the region’s deepening debt crisis. The Wall Street Journal reported a summit of finance ministers has been called off. However, a European Council spokesperson confirmed that a meeting between euro zone heads of state is still on.
All Eyes are currently on all of Europe as any decrease on the Value could trigger a chain reaction towards a long line of traiders who have alot to loose in this day & age.
With the Obama Administration printing more Dollars then their is Welth among the United States, the Cost of Inflation is hovering above the American People at a linguring & Dangling dispare.
One U.S. Citizen told a reporter for the American Nation News, that if Obama and his Adminastration continue with the printing of thousands of U.S. Dollar Bills, the Economic dammage can, and Will put us further in the Grave wich is Depression.
Meanwhile, Oil got a boost from a weaker dollar, and speculation that flooding in Thailand may increase demand in the region. Light, sweet crude jumped $2.91, or 3.2%, to $94.18 a barrel. Wholesale RBOB gasoline slipped a penny, or 0.3%, to $2.68 a gallon.
In metals, gold jumped $10.80, or 0.67%, to $1,663 a troy ounce. Yields on government debt nudged lower. The benchmark 10-year note yields 2.235% from 2.239%.
Foreign Markets
The English FTSE 100 slid 1.1% to 5,525 and the German DAX dipped 0.14% to 6,047.
In Asia, the Japanese Nikkei 225 slumped 0.92% to 8,762 and the Chinese Hang Seng jumped 1.1% to 18,968.
Their is no doubt, that their is a Great Depression among us, and we should watch out for whats ahead of this long road we are traveling along.

~Lincoln Ritchhart