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TheKoreaTimes 2010-01-06
TheKoreaTimes 2010-01-06
www.koreatimes.co.kr WEDNESDAY, JANUARY 6, 2010 Established 1950, No. 18387 1,000 Won ★★★ City Edition
2
2 WEDNESDAY, JANUARY 6, 2010 National
MANNERS (4)
Pass behind people who are talking, rather than Philippines to Conduct Korean Language Test for Workers
between them By Jonathan Hicap labor quota for 2010. take the EPS-KLT: They should
Koreans refuse to pass between two people who are talking, but Korea Times Correspondent South Korea and the Philip- be between 18 to 38 years old,
pines signed a new EPS agree- at least a high school graduate
will instead force one of the people to step forward in order for
MANILA — The Philippine ment last year that outlines and have a valid passport.
them to pass behind them. It might make an American feel government will conduct the the process for hiring Filipinos Applicants shouldn’t have a
inconvenienced having to move when it would be easier for the sixth Korean Language Test for to work in South Korea. For- criminal or imprisonment
person to just pass through. Americans would rather quickly pass Filipinos who want to work in eign workers who enter South record, nor be restricted in
South Korea under the Korea under the EPS are only travelling to South Korea based
through than to disturb the people by making them move. Employment Permit System allowed to work in five indus- on past immigration violations.
(EPS). tries: manufacturing, con- The application period for
The test will be administered struction, agriculture and the EPS-KLT is from Jan. 25 to
by the Philippine Overseas stockbreeding, fishing and 29.
Employment Administration services. The examination will be
(POEA) in cooperation with the The POEA said applicants administered either on Feb. 28
Human Resources Develop- should register on its Web site or March 27, the POEA said.
ment Service of Korea (HRD (www.poea.gov.ph) on or The KLT will cover 50 items
Korea). before Jan. 15 to qualify for the consisting of reading (40 min-
POEA has said Filipino test. Past registered applicants utes) and listening (30 minutes)
workers need to pass the test are advised to keep their questions, which will be taken
to be included on the list of accounts active, meaning that from a pool of questions in the
applicants from which Korean they should have visited their EPS-KLT review provided by
employers electronically select account at least once in the last HRD Korea. Each item is worth
This article is based on the book, “Ugly Koreans Ugly Americans”
from to fill positions in the three months. 4 points and applicants needs
by BCM U-Phone (www.shallwetalk.co.kr), available at all major book stores. manufacturing and construc- There are three require- to get a minimum score of 80
Please share your own experiences of cultural differences by sending them tion sectors under the foreign ments for Filipinos to qualify to to pass.
to ukua@bcm.co.kr
National WEDNESDAY, JANUARY 6, 2010 3
Iranian parliamentary leader: National Assembly Speaker Kim Hyong-o, right, shakes hands with Seyed Hos- Lee Blasts Local Governments for Luxurious Offices
sein Hashemi, president of the Iran-Korea Parliamentarians’ Friendship Association, at his office, Tuesday. The Iranian parlia-
mentary leader is to leave Seoul Thursday. Yonhap By Na Jeong-ju of imported marble and it has a briefing on the government’s
Staff Reporter mayor-use-only elevator moving planned energy policies on
from the ground floor to mayor’s Dec. 21, according to Chung
Nationline President Lee Myung-bak office, located at the top of the Chang-sup, first vice minister
Korea Sets Goal of $1.5 Bil. strongly criticized some munici-
pal governments late last month
building.
Some other local governments,
of public administration and
security.
of Arms Sales This Year 2 North Korean Fishermen for spending too much taxpay-
ers’ money on renovating their
including Ulsan City, are also fac-
ing public criticism for a “luxuri-
“I want to destroy the luxuri-
ous buildings and build new
to Be Sent Home Soon office buildings, a senior policy- ous” building. ones, if possible, to improve
By Jung Sung-ki maker said Tuesday. President Lee said it was non- energy efficiency,” Lee was quot-
Staff Reporter South Korea has informed Seongnam in Gyeonggi sense to build luxurious office ed as saying.
North Korea that it will soon Province has come under fire for space when the central govern- The ministry initially planned
The Defense Acquisition Pro- send two North Korean fish- spending more than 320 billion ment is stepping up a drive to to reduce energy consumption in
gram Administration (DAPA) has ermen, who drifted into won ($280 million) to construct save energy. the public sector by 3 percent
set a goal of achieving $1.5 bil- South Korean territory last an 11-story building. Lee laid the blame on munic- annually.
lion in defense exports this year, week, back home, an official President Lee Myung-bak The floor of its lobby is made ipal governments during a jj@koreatimes.co.kr
up 28 percent from last year’s of the Ministry of Unification
1.17 billion, the largest amount said Tuesday.
ever. The two were found near
“To this end, pan-government T-50 Golden Eagle supersonic trainer jet the Dokdo Islets in the East
efforts to pioneer worldwide Sea Sunday after drifting
defense markets and come up expected to announce the final due to a faltering motor.
with related measures will be bidder by March. “They seemed lost after
implemented,” a DAPA The T-50 lost to Italy’s Aerma- being mistakenly separated
spokesman said. cchi M-346 in a contest last year from their mother ship, and
Last year’s exports marked a in the United Arab Emirates the South Korean Coast
13 percent increase from the (UAE). Guard found them drifting,”
previous year’s $1.03 billion, he The UAE has been negotiating the official said. “During an
said. the final contract with the Italian inter-agency investigation,
Key export items included firm but still has an option to they made it clear that they
depot level maintenance for sub- retract its decision and negotiate want to return to the North.”
marines, submarine combat sys- with South Korea over the T-50, After the two Koreas
tems, wheeled armored vehicles, according to informed sources. agree on a date of repatria-
spare parts for the KT-1 basic Other potential consumers for tion, they are expected to
trainer and military communica- the T-50 include the United walk over the inter-Korean
tion systems, the spokesman States, Iraq, Israel and Poland. border at the truce village of
said. The single-engine jet, featuring Panmunjeom.
About 100 domestic defense digital flight controls and a mod- Late last month, seven
companies contributed to ern, ground-based training sys- North Koreans were found
expanding arms sales abroad tem, is designed to have the drifting south of the West
last year, he added. maneuverability, endurance and Sea border and sent back to
The spokesman said the T-50 systems to prepare pilots to fly the North a few days later as
Golden Eagle supersonic trainer existing and next-generation all of them expressed the
jet was a key defense good for fighters, such as the Eurofighter wish to be repatriated.
export next year. Typhoon, the F-22 Raptor and ksy@koreatimes.co.kr
The trainer jet, jointly built by the F-35 Lightning II. The jet has
Korea Aerospace Industries and a top speed of Mach 1.4 and an
Lockheed Martin of the U.S., is operational range of 1,851kilo-
S. Korea Most Stable Nation
competing for a trainer acquisi-
tion deal in Singapore, which is
meters.
gallantjung@koreatimes.co.kr
Among Emerging Markets
NEW YORK –– South
Korea is the most stable
Training of Development Consultants Planned country in dealing with polit-
ical shock among 24 emerg-
By Kang Hyun-kyung field aid workers and regional ing markets in the world, a
Staff Reporter experts agree that Korea needs monthly report released by a
more trained people who can global political and economic
Korea will train aspiring devel- give advice on country-specific consulting firm here said
opment consultants and aid relief programs. Tuesday.
workers who are interested in In addition to relatively poor South Korea received 77
providing overseas development expertise, home-grown relief points, the highest in the
aid in order to meet the rising organizations have limited net- recent Global Political Risk
demand for relief workers. working with local civic groups. Index (GPRI) issued by Eura-
The Korea International Coop- They’ve said that this makes it sia Group. The GPRI is an
eration Agency (KOICA) difficult for them to implement index that measures a coun-
announced Tuesday that it will tailored humanitarian and relief try's ability to absorb politi-
introduce three courses that are projects in underdeveloped cal shocks or crises in four
aimed at providing interested nations. categories –– government,
candidates with hands-on, pro- In an earlier interview with society, security and econo-
fessional training on develop- The Korea Times, Lee Kyung- my –– on a scale of zero to
ment assistance in March. shim, a senior activist working 100.
KOICA is an affiliate of the Min- with Korea NGO Council for The survey demonstrated
istry of Foreign Affairs and Overseas Cooperation, exhorted that Poland stood at second
Trade. the government to increase its acquiring 76 points, followed
The measure came two role in training professional by Brazil with 68, South
months after Korea joined the development experts. Africa 67, Russia 63 and
OECD’s Development Assistance In response to the mounting China 62. (Yonhap)
Committee (DAC), a club of request for government support,
donors, last November. Korea is KOICA is scheduled to open a
the only recipient-turned-donor training center to focus on fixing
North Korea Names Rason
in the world.
Korea plans to increase the
the problem.
The center will offer three
as Special City
number of overseas volunteers, development assistance courses: North Korea designated
dubbed “World Friends Korea,” a general course for ordinary cit- Rason, the country’s first
from the current 3,000 to 20,000 izens, a professional program for free trade zone, as a “special
by 2013, a KOICA spokesman aspiring development consult- city” on Monday, the North’s
said. ants and a special educational official news media reported.
Following Korea’s DAC mem- program. North Korea designated
bership, experts forecast that “For the time being, we will Rason and nearby Sonbong,
there will be a rising demand for use a training center located located on the country’s
development consultants who near our headquarters in northernmost coast close to
have expertise in socio-economic Gyeonggi Province as a venue for both China and Russia, as
challenges facing developing the educational programs,” said an economic free trade zone
countries and can suggest possi- Kim Jin-oh, executive director of in 1991, though foreign
ble policy responses. the agency’s public relations investment has never mate-
As Korea has begun to estab- office. rialized. (Yonhap)
lish international aid programs, hkang@koreatimes.co.kr
4 WEDNESDAY, JANUARY 6, 2010 National
Nationline
From Page 1
Yeouido Has Image Problem
Seoul City is currently building tial environment and transporta-
the International Finance Center tion.
Seoul (IFC Seoul): a complex of However, they were least con-
three office buildings, a five-star tent with language barriers and
hotel and a shopping mall the educational system.
designed by the renowned Six out of 10 do not live with
Arquitectonica. their children, implying that
The survey also found that Seoul offers poor international
more than 67 percent of expatri- education for expats.
ates work at downtown offices meeyoo@koreatimes.co.kr
and 44 percent reside in the
Yongsan District.
The most common tool of
communication was English with Submissions
87 percent using it.
Of the respondents, 61 per- The Korea Times is seeking submis-
cent were satisfied with the liv- sions for Foreign Community. E-mail
ing conditions in Seoul — most community@koreatimes.co.kr.
were pleased with the residen-
2
6 WEDNESDAY, JANUARY 6, 2010 World
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World WEDNESDAY, JANUARY 6, 2010 7
Job Satisfaction Hits Record Low in US track to hit its longstanding goal
of 50 million yearly visitors by
2012, the mayor said.
WASHINGTON (AP) — Ameri- reasons: One clue that may explain New Year’s calligraphy contest: A Japanese girl writes calligraphy during the 46th annual calligraphy con- Other hot spots were hit hard-
cans who are lucky enough to — Fewer workers consider workers’ growing dissatisfaction: test in Tokyo, Tuesday, to help mark the start of the new year. A total of 3,300 people gathered to display their calligraphy — using er, making New York America’s
have work in this economy are their jobs to be interesting. Only 51 percent now find their traditional brushes and ink — to write messages in the New Year contest. AFP-Yonhap No. 1 destination for the first
becoming more unhappy with — Incomes have not kept up jobs interesting — another low in time since 1990, the mayor said.
their jobs, according to a new
survey that found only 45 per-
cent of people are satisfied with
with inflation.
— The soaring cost of health
insurance has eaten into work-
the survey’s 22 years. In 1987,
nearly 70 percent said they were
interested in their work.
NASA’s Kepler Finds New Planets For nearly two decades that title
was held by either Las Vegas or
Orlando.
their work. ers’ take-home pay. Workers who find their jobs WASHINGTON (AFP) — ways to Neptune, although its “We have made our city clean-
That was the lowest level ever If the job satisfaction trend is interesting are more likely to be NASA’s Kepler space telescope irradiation level is much higher. er, safer and more exciting than
recorded by the Conference not reversed, economists say, it innovative and to take the calculat- has discovered five new planets Another planet is one of the ever,” Bloomberg said at a press
Board research group in more could stifle innovation and hurt ed risks and the initiative that drive beyond the solar system, the U.S. least dense ever discovered, and conference at a Brooklyn restau-
than 22 years of studying the America’s competitiveness and productivity and contribute to eco- space agency said Monday, just along with the other three, con- rant. “I do think we’ll continue to
issue. In 2008, 49 percent of productivity. And it could make nomic growth, Barrington says. 10 months after Kepler launched firms the existence of planets see even more tourists on our
those surveyed reported satisfac- unhappy older workers less “What’s really disturbing into space to find Earth-like plan- with densities substantially lower streets as the economy improves,
tion with their jobs. inclined to take the time to share about growing job dissatisfaction ets. than those predicted for gas and I think that we’ll continue to
The drop in workers’ happi- their knowledge and skills with is the way it can play into the The discovery of the five exo- giant planets. The five exoplanets fare better than other cities.”
ness can be partly blamed on the younger workers. competitive nature of the U.S. planets “contributes to our were among discoveries made While many travelers stayed
worst recession since the 1930s, Nate Carrasco, 26, of Odessa, work force down the road and understanding of how planetary by the Kepler space telescope in home simply because money
which made it difficult for some Texas, says he’s been unhappy on the growth of the U.S. econo- systems form and evolve from the first six weeks after it became was tight, the mayor also attrib-
people to find challenging and in most of his jobs, including his my — all in a negative way,” the gas and dust disks that give operational in May last year. uted the decline in international
suitable jobs. But worker dissat- current one at an auto parts says Lynn Franco, another rise to both the stars and their Borucki presented the early dis- visitors to swine flu fears and
isfaction has been on the rise for store. author of the report and director planets,” NASA’s William Boruc- This image taken by the Kepler tele- coveries and other findings at a concerns over border security
more than two decades. “There is no sense of team- of the Conference Board’s Con- ki, principal science investigator scope and released by NASA in 2009 meeting of the American Astro- measures.
“It says something troubling work in most places any more,” sumer Research Center. for the Kepler mission, said in a shows a small portion of Kepler's full nomical Society in Washington Foreign visitors — traditionally
about work in America. It is not Carrasco gripes. Conference Board officials and statement. field of view — an expansive, 100- on Monday. the biggest spenders — fell to 8.6
about the business cycle or one When the Conference Board’s outside economists suggested that But all five exoplanets are “too square-degree patch of sky in our Milky Kepler looks for the signatures million in 2009, a drop of almost
grumpy generation,” says Linda first survey was conducted in weak wage growth helps explain hot for life as we know it,” NASA Way galaxy. AFP-Yonhap of planets by measuring dips in a 10 percent from the year before.
Barrington, managing director of 1987, most workers — 61 per- why workers’ unhappiness has said. star’s brightness which are That echoed a milder national
human capital at the Conference cent — said they were happy in been rising for more than 20 The newly discovered planets the Earth’s sun, NASA said. caused by planets crossing in trend, with international visitors
Board, who helped write the report, their jobs. The survey of 5,000 years. After growing in the 1980s are known as “hot Jupiters” The smallest of the newly dis- front of them and periodically to the U.S. down 7 percent in the
which was released Tuesday. households was conducted for and 1990s, average household because of their large masses covered planets is roughly the blocking out part of the starlight. first 10 months of the year com-
Workers have grown steadily the Conference Board by TNS, a incomes adjusted for inflation have and extreme temperatures, size of Neptune, the fourth The size of the planet can be pared to the same period the
more unhappy for a variety of global market research company. been shrinking since 2000. which range from 2,200 to 3,000 largest planet in Earth’s solar derived from the size of the dip year before.
degrees Fahrenheit (1,204 - system, and the biggest is in brightness while the tempera- Still, some attractions, includ-
1649 degrees Celsius) — hotter around the size of Jupiter, the ture can be estimated from the ing the Statue of Liberty, report-
than molten lava. largest planet in our solar sys- characteristics of the star it orbits ed jumps in visitation. And the
Their orbits last between three tem. One of the planets, which and the planet’s orbital period. city’s leisure and hospitality
Thu Fri Sat Sun
Jan. 7 Jan. 8 Jan. 9 Jan. 10 and five days, meaning they fol- have been given the unimagina- Kepler is NASA’s first mission industry — which provides one-
low paths close to their stars, tive names of Kepler 4b, 5b, 6b, in search of Earth-like planets tenth of the city’s private sector
Seoul/Gyeonggi -12/-6 -11/-3 -8/-2 -8/-1 which are hotter and larger than 7b and 8b, is similar in many orbiting suns similar to ours. jobs — actually grew in 2009.
Gangneung/Gangwon
Junggangjin
-25~-15 C
(-13~5 F)) Daejeon/Chungcheong
-5/1
-10/-2
-2/2
-9/-1
-5/1
-7/1
-4/2
-6/2
Spain Miffed After Politician Denied Entry to Cuba
Ham
amh
am
mhe
mheung
mh MADRID (AP) — Spain’s Laiglesia, called ambassador Ale- Europe in Progress. Spanish are taking reprisals,” Cuesta
-1
-10~-1 C Mokpo/Jeolla -4/1 -5/2 -3/3 -3/4 Foreign Ministry summoned jandro Gonzalez Galiano to come news reports said Yanez was said.
Pyon
ong
ngy
ngyang
ng
-14~-7
-7
7 C (14~30 F) the Cuban ambassador Mon- in on Tuesday to provide an denied a visa to enter Cuba in An official with the Spanish
(6~19 F)) Busan/Gyeongsang -4/4 -3/5 -2/6 -1/7 day to explain why a Spanish explanation. 2008 when he was invited to Socialist Party said Yanez and
Haeju Gangneung politician who has promoted Yanez was detained upon attend a meeting of the Progres- his wife Carmen Hermosin, who
-10~-2 C -9~0 C Jeju 2/4 2/5 3/7 4/8 ties with Cuban opposition fig- arrival and expelled from the sive Arc dissident group. is member of the Spanish parlia-
(14~28
8 F)
F (15~32
32
2 F)
F
ures was denied entry to the communist-run Caribbean coun- Posted on the group’s Web site ment, had traveled to Cuba on a
Seoul
oul Cheongju island and held for a couple of try before dawn Monday, the is a column Yanez wrote in the tourist visa for a private trip with
-13~-7 C -
-10~-2 C Sunrise 07:47 / Sunset 17:28 Moonrise 00:00 / Moonset 11:03
(8~19 F) hours before being sent back ministry said. There was no Spanish newspaper El Pais in no political meetings planned.
((14~28 F)
Daejeon home. immediate comment from Cuban 2007 decrying “the disappear- She flew back with her husband.
-9~-2 C Daegu Berlin Moscow Beijing Singa Taipei Tokyo L.A. Chicago New
It was unjustifiable that Luis officials in Havana, and no one ance of the most minimal free- The official spoke on condition
pore York
(15~28 F) -7~0 C
((19~32 F)
Yanez, a Socialist who now holds answered the phone at the dom of expression and of artistic of anonymity in line with party
Jeonju a seat representing Spain at the Cuban embassy in Madrid. creation” in Cuba, as well as the rules.
-5~-1 c -15~-10 c -12~-3 c 24~32 c 15~16 c 5~10 c 13~22 c -10~-3 c -2~7 c
-8~-1 C
(17~30 F))
Busan
B European Parliament and has Neither the foreign ministry jailing of dissidents. In recent years, Cuba has
-3~4 C Cape Hono Rio de served under a previous Spanish statement nor a ministry official Manuel Cuesta Morua, head of refused entry to several Euro-
Mokpo (26~39 F) London Paris Rome town Calcutta Sydney lulu Janeiro Mexico
-4~1 C
government, was not allowed to said why Yanez was visiting. Progressive Arc, told The Associ- pean and Spanish parliamentari-
Jeju enter Cuba, the ministry said in a Yanez has promoted contacts ated Press that Yanez had indi- ans who arrived on the island
(24~33 F)
1~4 C -4~-2 c -5~-5 c 9~14 c 17~27 c 12~24 c 23~27 c 22~27 c 24~32 c 11~24 c
statement. between European socialists and cated that he planned to visit with tourist visas but who were
(33~39 F)
The ministry’s top official for democratic Cuban dissidents as with him during his trip. believed to be planning to meet
Latin America, Juan Pablo de president of a group called Cuba- “I think that (the authorities) with dissidents.
Times Column
8 WEDNESDAY, JANUARY 6, 2010 Opinion
Overseas Comment
Equal Pay for Equal Work
By Julian Barker lations some (EPIK) and Teach and Learn in achieve this is by offering equal
Health Care Bills tension exists Korea (TALK). TALK and EPIK pay for equal work, or corre-
T
o see the New Year in, many between what can serve as valuable bench- spondingly similar pay for simi-
USA Today: Senate version, Americans Washington would get to work people across the world are the employee marks for setting the remunera- lar work.
would have to wait until 2014. creating this exchange. looking back at the past desires as re- tion of the new teachers. If the The South Korean government
If you have a potentially costly In part, the delay is a de- Here’s a better idea: If there’s decade, as well as to the future in muneration work that the Indian teachers cannot take advantage of some
ailment, or if you own a small plorable budgetary gimmick de- going to be health care reform, do the hope that 2010 will bring new and what the are expected to perform is simi- Indian people’s willingness to
business, or if you just want to signed to lowball the bill’s cost it right and move on. Don’t fill it opportunities. For 100 Indian employer is lar to the work of EPIK or TALK work for less when it has estab-
change jobs without worrying over the next 10 years. (Republi- with gimmicks and stalling tactics teachers a new door is about to prepared to of- teachers, they should receive lished guidelines for what it
about losing your health insur- cans did the same thing when that serve only to hide costs and open, as for the first time, South fer. In the case of employing for- similar remuneration. should pay to foreign English
ance, one key aspect of the they created a new Medicare provide new opportunities for po- Korea will tentatively welcome En- eigners, governments around the All remuneration — and the teachers.
health care bills now working drug benefit in 2003.) larizing political theatrics by the glish teachers from India. world, South Korea included, are government officials tasked with To violate the principle of “equal
their way through Congress In theory the federal govern- losing side. The decision to employ En- also critically aware that much of deciding the remuneration to be pay for equal work” would
could be a godsend. ment would create its own ex- Doing it right begins with mak- glish teachers from India was what is paid to foreign workers offered would do well to take amount to a suggestion that some-
But in neither the House bill change, which would be avail- ing insurance available in the made in 2009, and debate within may leave the country. note of this — should follow this how, for some reason, Indian la-
nor the Senate bill would they go able to residents of states that fail most efficient, practical way: a na- the Korean government has now The prospect of paying teach- basic principle: People who com- bor is not worth as much as labor
into effect any time soon. In the to act. But it is unclear when tional exchange. turned to the question of remu- ers from India lower salaries plete equal work should receive provided by other foreigners, and
neration for the 100 teachers. than other foreign teachers ad- equal pay. also amount to a violation of the
How much to pay the new mitted on E2 visas is, therefore, That people who complete new teachers’ basic sense of
teachers is indeed an important most likely tempting. However, equal work should receive equal equality, and human dignity. This
question, and the South Korean what the South Korean govern- pay rests on the most basic of hu- would be unacceptable.
government may well be able to ment may wish to offer as com- man rights — the right to “digni- The South Korean govern-
hire Indian teachers at a lower pensation, and what serves as ty,” from which stems a sense that ment, which is looking to posi-
43, 3-ga, Chungmuro, Chung-gu, Seoul (Postal code 100-013). cost than foreigners currently ad- fair compensation, will likely be all people, everywhere, are, at tion itself as a global leader in
mitted to Korea on E2 visas. As two different amounts. some fundamental level, equal. commerce and politics, is obliged
Lee Byung-min, an English edu- Arriving at a sum to offer the It does not matter that people to accept the consequent respon-
ESTABLISHED 1950 MAIN TELEPHONE NUMBERS FOR ADVERTISING & SUBSCRIPTION
cation professor at Seoul National Indian teachers will therefore in India may be willing to sign sibility of upholding human
University, recently pointed out in most likely be a matter of debate. contracts which offer less remu- rights, and must be held to the
Editorial: (02) 724-2342 Please contact us at the following numbers. The Korea Times, “We can also After all, how does one arrive at neration than what is offered to highest standards.
Chairman
Political Desk: (02) 724-2343 Newsroom: (02) 724-2340 choose highly qualified non-native a fair amount? other foreign teachers. What
Chang Jae-ku
City Desk: (02) 724-2346 editor@koreatimes.co.kr teachers at lower costs as their The Korean government has matters is that equality between The writer is a South African who now lives
President-Publisher Business Desk: (02) 724-2344 Advertising: (02) 724-2827 / 2828 wages are relatively lower.” already implemented two pro- individuals should be recog- in Sangju, North Gyeongsang Province, and
Park Moo-jong Finance Desk: (02) 724-2345 ktmkt@koreatimes.co.kr It’s hardly astute to observe grams that hire foreign teachers, nized, and the only way that the teaches at a middle school. He can be
Opinion Desk: (02) 724-2265 Subscription: (02) 724-2715 / 080-023-6969 that in all employer-employee re- the English Program in Korea South Korean government can reached at julianbarker45@gmail.com.
Managing Editor Culture Desk: (02) 724-2353 subscription@koreatimes.co.kr
Lee Chang-sup Sports Desk: (02) 724-2352 Fax: (02) 736-4061 The Korea Times offers a daily audio service for one of the two editorials through its homepage (www.koreatimes.co.kr). Through the service, subscribers
The Korea Times observes the Press Code of Ethics and the Standard of Conduct of Newspapermen. can hear the editorial recorded by a native speaker as well as lectures on it. — ED.
2
Opinion WEDNESDAY, JANUARY 6, 2010 9
T
he Fourth Chiang-Chen mechanism. negotiations should be enjoyed
Talks were held in The two sides 12 agreements and reached one by all of the people.
Taichung, Taiwan, on Dec. also reviewed consensus, thus turning a new The negotiation issues at the
22. During the talks, the two the implementa- page in cross-strait relations. Fourth Chiang-Chen Talks are
sides signed three agreements, tion of the nine The Fourth Chiang-Chen Talks vital to protecting the rights and
including the “Cross-Strait agreements have made clear that institution- interests of the Taiwanese people,
Agreement on Cooperation in signed at the previous three Chi- alized negotiations between the strengthening the international
Agricultural Product Quarantine ang-Chen Talks. In particular, they SEF and the ARATS now have competitiveness of Taiwan’s
and Inspection,” “Cross-Strait exchanged views on Mainland entered a stabilized phase. industries and upgrading Tai-
Agreement on the Cooperation in tourist visits to Taiwan, increasing This signifies that cross-strait wan’s position in international
Respect of Fishing Crew Affairs” the number of cross-strait flights, relations are developing orderly division-of-labor networks. As
and “Cross-Strait Agreement on providing assistance related to the toward benign interactions, with the previous three Chiang-
Cooperation in Respect of Stan- melamine-tainted milk incident, which can help establish a Chen Talks, the fruits of this
dards, Metrology, Inspection and jointly fighting crime, promoting secure and stable environment round of negotiations will be joint-
Accreditation.” Mainland investment in Taiwan for national development. It is ly shared by all of the people.
On the issue of “Cooperation and establishing a renminbi clear- also a benchmark for protecting The three agreements signed
on the Avoidance of Double Tax- ance mechanism. peace and stability across the at the Fourth Chiang-Chen Talks
ation and Strengthening of Tax The two sides will continue to Strait. all concern economic issues that
Cooperation,” the relevant discuss improvements through “Putting Taiwan first for the urgently require priority han-
authorities on both sides have the established channels and benefit of the people” is the high- dling to respond to the develop-
been communicating and negoti- platforms. est guiding principle in current ment of cross-strait economic
ating steadily during this period The fifth talks between the cross-strait interactions. “Putting and trade relations, and
and have reached consensus on Straits Exchange Foundation Taiwan first” means protecting strengthen the order of cross-
the main contents. (SEF) and Association for Rela- Taiwan-centric identity. The four strait economic and trade
However, further communica- tions Across the Taiwan Strait Chiang-Chen Talks have pro- exchanges.
tions and discussions are needed (ARATS) in the first half of this ceeded under the principle of They further realize the spirit
between officials of the two sides year will focus mainly on the “equality and dignity” and devel- of prioritizing the economy and
on the more technical issues. Cross-Strait Economic Coopera- oped a new negotiation model livelihood of the people in cross-
It is hoped that the negotia- tion Framework Agreement for gradually expanding official strait negotiations and facilitating
tions in this regard can be com- (ECFA), as well as address the interactions. the normalized and institutional-
pleted and the agreement issue of protecting intellectual They have not only pragmati- ized development of cross-strait
promptly signed and implement-
ed in the near future to help
eliminate double taxation across
property rights (IPR). cally resolved various issues economic and trade relations.
Over the past 19 months, Tai-
wan has worked hard through
Trust Robert Gates
the Taiwan Strait, improve the
competitive conditions for Tai-
wanese businesses and further
institutionalized negotiations to
improve cross-strait relations
and promote cross-strait and
to Do Right Thing
attract transnational corpora- regional peace and stability. By Arthur I. Cyr mented. and general ineffectiveness.
tions (TNCs) to invest in Taiwan. These efforts have already won Scripps Howard News Service By contrast, eliminating Tenure as deputy to Carter’s CIA
The three agreements signed the unanimous support of the Abdulmutallab’s sponsors in chief, Adm. Stansfield Turner,
I
by both sides at the Fourth Chi- international community. n the immediate wake of the Yemen will take time, and both was clearly one of the most
ang-Chen Talks are directly In the future, Taiwan will con- very fortunately failed covert intelligence and overt mili- painful experiences of Gates’
related to the rights and interests tinue to adhere to the principle of attempt to bomb a Detroit- tary efforts. working life.
of the people. “economic issues first and politi- bound passenger jetliner, the As this latest chapter of the By keeping Gates in place,
The “Cross-Strait Agreement on cal issues later,” “easy issues first Obama administration has been struggle against terrorists Obama was shrewdly construct-
Cooperation of Agricultural Prod- and difficult issues later” and uneven in reaction. unfolds, be attentive to Secretary ing continuity with the more gen-
uct Quarantine and Inspection” “urgent issues first and less President Barack Obama could of Defense Robert Gates. By erally conservative and Republi-
and “Cross-Strait Agreement on pressing issues later.” take three months to review experience and temperament as can sectors of Washington and
Cooperation in Respect of Stan- Priority will be given to negoti- Afghanistan strategy before a well as current position, he may the wider American population.
dards, Metrology, Inspection and ations on handling issues related major new forces commitment, prove our most crucial leader. Throughout his long career,
Accreditation,” in addition to the to the livelihood of the people but this incident required rapid Appointed Pentagon head by Gates has demonstrated top pro-
“Cross-Strait Food Safety Agree- and economic development. This response, and our chief executive George W. Bush, Gates was fessional competence combined
ment” signed at the second Chi- is aimed at making joint efforts so far in fact has acted effective- asked by Obama to remain in with shrewd political calculation.
ang-Chen Talks, form a safety net to create a win-win outcome for ly. He is one of very few CIA career
to protect the health and con- both sides to benefit the people In such a case, an immediate professionals to rise to the top of
sumer safety of the people of Tai- across the Taiwan Strait. appearance by the U.S. president the agency.
wan with regards to the cross- It is also hoped that the two is not necessarily wise. He did He was both director of Cen-
strait trade of various goods, sides can continue, through insti- address the public soon after the tral Intelligence and deputy
including food, agriculture and tutionalized negotiation mecha- Christmas incident, forcefully national security adviser to Presi-
fishery products, animal feedstuffs Chen Yunlin, left, chairman of China’s Association for Relations Across the Taiwan nism, to create historic opportu- noting that senior administration dent G. H.W. Bush, who general-
and general industrial products. Straits, shakes hands with Taiwan’s Straits Exchange Foundation Chairman P. K. Chi- nities for the welfare of the peo- officials had two days to put a ly receives high marks in foreign
The “Cross-Strait Agreement ang during a signing ceremony in Taichung, Dec. 22. Taiwan and China have agreed ple on both sides and benign comprehensive analysis of what and defense policies.
on the Cooperation in Respect of in principle to put a free trade pact on the agenda of the next round of formal trade cross-strait interactions, jointly went wrong on his desk. One of the most important of
Fishing Crew Affairs” leaves the talks in China. Reuters-Yonhap promote the development of By contrast, Homeland Securi- many recent books on United
current “offshore employment” cross-strait relations toward ty Secretary Janet Napolitano States national intelligence is
policy unchanged, while creating Since the resumption of insti- stemming from cross-strait peace and stability, and create has so far been notably ineffec- “Legacy of Ashes” by Tim Wein-
a more institutionalized and tutionalized liaison channels exchanges, but they have also lasting peace in the region. tive, misguidedly trying to reas- er. Weiner is notably positive
secure basis for the employment between the SEF and the highlighted the position of equali- sure by stating that our security about Robert Gates.
of Mainland fishing crews ARATS, the two sides have held ty and mutual non-denial Chen Yeong-cho is representative of system worked. The reverse is in He also provides persuasive
through the negotiation of a four Chiang-Chen Talks, signed between the two sides. “For the Taipei Mission in Korea. fact the case. evidence the CIA was providing
Terrorist agent Umar Farouk strident warnings about impend-
Abdulmutallab has a history of ing terrorist attack to an indiffer-
T
EMECULA, Calif. — tion Department employee into America’s fourth economic approve the measure before gage. has been President George H. W. and elsewhere, U.S. counterter-
Where is Nelson Man- scored more than $170,000 as stimulus package. senators faced pesky con- The jetliner was saved only Bush. rorist efforts must have full
dela when we need him? the recession began. By last — Even worse, political stituents back home who want because alert courageous pas- Gates has become steadily White House support. This
In the fine new film “Invic- June, that number had soared favoritism has infected stimulus to euthanize the bill. sengers prevented the aspiring more influential in the still-new includes willingness to use the
tus,” South Africa’s first black to 1,690. spending. The free-market — The Treasury announced murderer from detonating explo- Obama regime. So far, he has sort of ruthless methods essential
president inspects his first offi- Federal indulgence and Mercatus Center discovered on Christmas Eve that it will sives concealed on his body, and shown himself to be a man for in war but sometimes publicly
cial paycheck. incompetence are too vast to that the average congressional give blank checks to Fannie undetected during pro forma all political seasons. condemned by other Obama
“This is terrible,” Mandela catalog. But these illustrations district has received $355 mil- Mae and Freddie Mac for the passenger screening at the Ams- In notably candid memoirs, administration officials.
says. He decides he earns too are sufficiently maddening. lion from Obama’s $787 billion next three years. Estimated terdam airport. “From the Shadows,” Gates is
much and subsequently stimulus package. However, cost: Up to $400 billion. In the aftermath, full-body blunt in his criticism of the Arthur I. Cyr is Clausen distinguished
donates a third of his salary to — After “Cash for Clunkers” Democratic congressmen’s dis- scans and other thorough securi- Carter administration for hostili- professor at Carthage College. E-mail
charity. gloriously shipped $3 billion tricts averaged $439 million (a “The United States cannot ty procedures are being imple- ty to the intelligence agencies him at acyr@carthage.edu.
Mandela’s humility and fiscal chiefly to Tokyo — and Seoul- 23.7 percent bonus), while force foreign governments to
restraint would be as exotic in based automakers — the Oba- Republican districts averaged increase their holdings of Trea-
the nation’s capital as a giraffe ma administration concocted just $232 million (a 35.6 per- suries,” warned Zhu Min Letter to the Editor
atop the steps of the Lincoln “Cash for Caulkers” — fresh cent penalty). The typical dis- deputy governor of the People’s
Memorial. Washington’s lavish subsidies to weatherize homes. trict won 128 projects. Demo- Bank of China, which kindly
self-aggrandizement
relentless march toward
and This program could cost up to
$20 billion, if House Democrats
cratic districts averaged 152
such outlays (an extra 18.75
pays America’s bills these days.
As he told Shanghai Daily: “The
Congratulations on FSS’s Win!
bankruptcy cruelly mock Man- prevail. So far, Texas has spent percent). GOP districts aver- world does not have so much Dear editor, from KB Financial Group’s chair- er to be nominated as the head
dela’s sacrifice. $1.8 million in federal funds aged 94 awards (26.6 percent money to buy more U.S. Trea- manship nomination seems to be of Korea’s leading lender group
Today’s thoughtless and cor- and has treated seven homes, fewer). suries.” In a Korea Times article titled a personal decision. in a conspiracy with a few out-
rosive spend-o-rama began averaging $257,000 each. — At the Copenhagen cli- One of 2010’s most intrigu- “Regulators Kick Out KB Chair- But a powerful financial side directors. The FSS still has
under a Republican Congress — Congress sent President mate conference, Obama ing questions will be whether man Nominee” on Page 2 of its watchdog’s unscheduled investi- not provided clear evidence to
and the feckless Bush-Rove Barack Obama a $447 billion, pledged to muster up to $100 the American people’s aggre- Jan. 1 to 3 issue, I would like to gations of his business perfor- back its assumptions.
administration. Alas, a Demo- 2,442-page omnibus spending billion annually for 10 years to gated nausea by November point out the continuation of mance and private life, high- Interestingly, the supervisory
cratic White House and bill on Dec. 14. It ballooned fed- help developing nations battle triggers the peaceful over- Korea’s backward policy toward pitched unparalleled to previous body is keeping mum about
Congress briskly outspend their eral spending 12 percent while so-called global warming. This throw of the U.S. govern- financial institutions. ones, have led many to believe Kang’s departure from the chair-
predecessors. inflation inches along at 1.8 could equal $1 trillion in car- ment. To be more specific, it must be that Kang has been branded by manship nomination. Is the FSS
In stunning contrast to percent. This measure con- bon-coated foreign aid. Even if a part of financial “socialism” the Financial Supervisory Service always a winner? As long as it
Mandela’s example, Congress tained 5,224 pork-barrel pro- other industrialized nations Deroy Murdock is a columnist with and a plot to put banking institu- (FSS) as a “persona non grata” stays the “winner,” the people
carpet-bombs taxpayer dol- jects worth $3.9 billion, accord- participate, it’s hard to imagine Scripps Howard News Service and a tions under the state, a shameful as the group chairman, which remain the “losers.” Bravo! Con-
lars on greedy federal ing to Taxpayers for Common America in for less than $100 media fellow with the Hoover Institu- maneuver which was seen very resulted in him giving up his gratulations on FSS’s win! Hur-
bureaucrats — even as Amer- Sense. These included billion. tion on War, Revolution and Peace at often in the previous authoritari- chairmanship candidacy. rah, FSS!
icans struggle, and often fail, $700,000 for “Shrimp Industry — With a 1:08 a.m. proce- Stanford University. E-mail him at an governments. The FSS’s investigations
to pay their mortgages and Fishing Effort Research Contin- dural, the Senate’s 60-mem- deroy.Murdock@gmail.com. On the surface of it, Kang kicked off on unfounded allega- Charles Kim
rents. uation” in Silver Spring, Md. ber Democratic caucus Chung-won’s abrupt withdrawal tions that Kang abused his pow- Jongno-gu, Seoul
Between December 2007 — Breaking the law that advanced a $2.5 trillion health
and June 2009, USA Today launched the Troubled Asset reform that 61 percent of The Korea Times
reported on Dec. 10, federal Relief Program, the House mis- Americans oppose, according News on Internet We welcome your opinions for the Thoughts of the Times and comments on editorials, columns and other topics in The
employees earning more than allocated $154 billion in repay- to CNN. Greased by Democrat- Korea Times. The articles should not exceed 800 words and letters to the editor 300 words. They should bear the names
$100,000 annually increased ments by TARP-funded banks. ic leader Harry Reid’s taxpay- http://www.koreatimes.co.kr of writers, addresses, phone numbers and short biographical information. Send them to opinion@koreatimes.co.kr —
46 percent to 382,758. That money legally must er-funded bribes to wobbly ED.
2
10
WEDNESDAY, JANUARY 6, 2010
years, projecting global revenue tioner business, said the changes in neighboring countries in the ing advanced compressor tech- fresh resolutions to make all
of $10 billion from the business will help the company identify Middle East and African regions, nology and environment-friendly kinds of self-improvements.
in 2013. new opportunities in different and our local business units refrigerants in more of its air con- Goals may be abandoned
Much of the growth is expect- markets around the world and there will get new injections of ditioners sold in those markets. soon, but for the time being,
ed to come from emerging mar- deliver more innovative products personnel. During the news conference, stores offering products and
kets such as Saudi Arabia, Brazil to exploit growth areas. “The production capacity of LG Electronics also unveiled the services that promise success
and India, where the company LG Electronics’ air-conditioner our Brazil plant will be expand- latest version of its “Whisen” air are capitalizing on the resolu-
will be spending more money division is believed to have gen- ed, as the South American mar- conditioner, its flagship house- tion spirit. ments. The company sold
this year to hire more marketing erated $5 billion in revenue last ket is becoming more crucial for hold product, which is designed The nation’s top home shop- more than 1 million won
personnel and improve manufac- year, with $4 billion coming from us, and our goal is to achieve a with automatic sensors that ping retailers tallied up their worth of the popular diet pill
turing capabilities, company offi- sales overseas, representing 40 percent share of the Indian monitor movement and control sales for the first three days of “BBF HCA” during the first
cials said. about 20 percent annual growth, air-conditioner market.” wind power and direction. The 2010 and the results showed three days of this year.
In a news conference in Seoul, company officials said. Noh said the company’s expe- air conditioner is also equipped Tuesday that items in self-help Language books were next
Tuesday, LG Electronics said it “We are confident that the air- rience and established presence with power-saving technologies categories saw an average up as sales were up 30 per-
will reorganize its air-conditioner conditioner division could in the market for commercial air that allow users to save up to 70 Movie stars Han Ye-seul, left, and Song sales jump of more than 50 cent, generating more than
division into four separate units, achieve new growth in energy conditioners and business solu- percent on their electricity bills Seung-hun, pitchmen for LG Electronics’ percent. 500 million won, according to
covering households, business solutions, which could create tions will provide a solid base for when compared to conventional air conditioner products, pose with the Viewers who tuned into GS CJ O.
customers, solutions and solar- synergies with our strength in its nascent energy solutions busi- products, the company said. company’s new 2010 Whisen air condi- Shop on Jan. 1 and 2 pur- “Less than a week into the
power-related products, which green and low-power products,” ness, where the company sees a thkim@koreatimes.co.kr tioner. Courtesy of LG chased 3,000 sets of electric new year, most people are still
cigarettes, generating more sticking to their freshly minted
Foreign Investment than 600 million won in sales, resolutions,” said a company
according to company data. representative, who added that
Declines 1.9 Percent The retailer sold 3,200 pairs sales of various self-improve-
of mountain climbing shoes ment products generally see
Foreign direct investment and 2,500 sets of mountain an uptick until the end of Janu-
(FDI) in Korea dipped 1.9 per- climbing sportswear — sales ary.
cent from a year earlier in 2009 growth of 40 and 30 percent, According to a recent sur-
as companies tightened spending respectively, compared to vey, exercise and diet turned
amid an overall slump in the average sales. out to be the No. 1 New Year’s
global economy, a government Fitness goods were also resolution.
report said Tuesday. popular at rival Hyundai Home Coming in second was to
The Ministry of Knowledge Shopping, as the company said quit smoking, according to the
Economy said foreign direct walking machines, similar to poll of 5,000 men and women
investment in the country treadmills, ranked No. 1 on its conducted by online retailer G
reached $11.5 billion last year, bestseller list during the New Market. Getting rid of debt,
marking the second straight year Year’s holiday. landing a job, marrying and
FDI topped the $11 billion mark, Meanwhile, CJ O Shopping having a child were next on
as businesses and investors rang in the biggest chunk of its the list.
struggled to cope with the finan- holiday sales from diet supple- jhan@koreatimes.co.kr
cial crisis brought on by the col-
lapse of Lehman Brothers Hold-
ing Inc.
But the decrease was far Businessline
smaller than the 41 percent drop
in foreign direct investment suf-
fered last year by the countries of
the Organization for Economic
Cooperation and Development
and large developing economies
such as China, India and Brazil.
Foreign direct investment in
India and Brazil is estimated to
have fallen around 22 percent Hyundai-Kia Automotive Group Chairman Chung Mong-koo starts ignition of the newly completed blast furnace of its steel-making affiliate Hyundai Steel at its mill in Dangjin,
and 44 percent year-on-year, South Chungcheong Province, Tuesday. Courtesy of Hyundai Steel
respectively, in the first 10
months of 2009, while China
may have posted negative
growth of 9.9 percent up till
Hyundai’s Dustless Blast Furnace Starts Operation
November. By Kim Hyun-cheol bourg-based engineering firm, lion tons in 2011, when the com- port to the mill on airtight con-
It added that fresh “green- Staff Reporter an affiliate of world’s largest steel pany completes a second furnace veyer belts.
field” investments shot up 11.4 maker ArcelorMittal, supplied at the same site. Solvi said the new blast fur-
percent compared to the previ- Hyundai Steel, an affiliate of core technological components Standing 110 meters in height nace features the best available Cool touch: Samsung Electronics, the world’s largest consumer elec-
ous year to $8.11 billion, with local auto giant Hyundai-Kia for the furnace. and 17 meters in width, the fur- technologies and solutions as one tronics maker, plans to release a portable music player with a transparent
the total poured into manufactur- Automotive Group, started oper- “Through Hyundai Steel’s sub- nace features various engineer- of the most modern steel-making active matrix organic light-emitting diode (AMOLED) display, which will support
ing surging 23.9 percent. ating the country’s biggest blast stantial investment of 5.8 trillion ing technologies and is expected facilities. better picture quality and enable touch-screen functions on both sides of the
Manufacturing investments furnace that emits no dust dur- won ($5.1 billion), we construct- to help Hyundai Steel secure bet- Hyundai-Kia also expects the screen. The music player, dubbed “Ice Touch,” will be unveiled at the Interna-
generally helps create more jobs ing production, Tuesday. ed the most advanced and eco- ter competitiveness in both quali- newest facility to boost the ailing tional Consumer Electronics Show (ICES) in Las Vegas this month.
and can strengthen the overall The company held an igniting friendly integrated steel mill in ty and price when fully opera- local economy by creating jobs Courtesy of Samsung Electronics
industrial foundation of the ceremony for the first-ever inte- the world, which is also in line tional. and business opportunities for
country. grated plant in Dangjin, South with the government’s low car- The most prominent feature of small- and medium-sized com-
“On the whole, the quality of Chungcheong Province that will bon, green growth agenda,” the new steel mill is its emission panies.
LG Chem to Supply Batteries to US Firm
investments improved signifi- churn out a total of 4 million tons Chung said at the ceremony. control system, which eliminates The Dangjin steel mill will cre-
cantly,” said Park Soon-kee, of steel products annually. Con- “It will give our automotive the production of scattering dust, ate some 171,000 jobs in con- LG Chem said Tuesday it begin by supplying batteries
head of the ministry’s investment struction was completed three group a strong edge by allowing the worst pollutant from inte- struction and operation, the con- will supply lithium ion batter- for commercial HEVs and
policy division. years and three months after us to secure and develop our grated steel plants. glomerate forecast. After the ies for commercial hybrid then expand its supply for
He said that in the case of ground was broken in October own supply of high-quality steel, Its dome-shaped roof, 60 entire facility is completed in electric vehicles (HEVs) to plug-in hybrid electric vehicles
South Korea, the relatively weak- 2006. as well as contributing to the meters in height and 130 meters 2011, it is expected to lead to U.S.-based Eaton Corp. for (PHEVs), which have batteries
ness of its currency vis-a-vis the Guests at the ceremony includ- Korean economy.” in diameter, on its processing sales of more than 1.7 trillion four years starting November. that can be recharged when
dollar and faster-than-expected ed Hyundai-Kia Chairman Chung The overall capacity of the mill and storage unit keeps dust from won for related local small- and Eaton, which holds more connected to a power outlet.
recovery helped buoy foreign Mong-koo and Marc Solvi, CEO located in the west-costal city will scattering by delivering iron ore medium-sized firms. than 90 percent of the U.S. HEVs are vehicles that are
direct investment. (Yonhap) of Paul Wurth S.A. The Luxem- be expanded to an annual 8 mil- and soft coal directly from the hckim@koreatimes.co.kr commercial hybrid vehicle powered by both electricity
market, will install the batter- and gasoline. Eaton is the lat-
Generation Gap Hinders For your tomorrow : Samsung Life Insurance employees show boards bearing the “U-Tomorrow,” slogan for the
Foreign reserves consist of
securities and deposits denomi-
nated in overseas currencies,
that it provided to local banks,
while the NPS repaid $1.3 bil-
lion to the BOK. This year, the
Efficiency at Workplaces company’s new promotion campaign for 2010, at the insurer’s headquarters in Seoul, Tuesday. The campaign aims at encourag-
ing people to prepare for the future with the insurer amid the economic recovery. Courtesy of Samsung Life Insurance
along with International Mone-
tary Fund reserve positions,
special drawing rights and gold.
BOK plans to retrieve an addi-
tional $1.2 billion from the
NPS.
By Yoon Ja-young
Staff Reporter
younger or older than them by
over 10 years.
They were especially aware of
Won-Dollar Rate Falls Below 1,150 Won Banks to Lend Less to Smaller Firms
Ahn Jae-hyung, who is in differences in communication By Kim Tae-gyu the Seoul administration inter- however, local companies should
charge of the finance team at a style, with over half of respon- Staff Reporter venes in the market.” have set up strategies to cope Banks are expected to est rates.
mid-sized business in Seoul, dents saying they felt the gap in When necessary, the govern- while embracing the low won-dol- strengthen their grip on lending The lower the reading, the
can’t understand his younger this regard. The workers also feel The Korean currency is contin- ment has channeled dollars into lar exchange rate,” he added. to smaller firms in the first quar- more likely that banks will
colleague who recently joined the a major divergence when it comes uing to gain ground against the the market in a so-called Korean corporations chalked ter as the credit risk of such tighten their restrictions on
team. The new recruit, who just to the handling of the workload, greenback with the won-dollar smoothing operation. But it has up a fast increase in their over- companies still remains high, lending. A reading below zero
graduated from university, workplace attire and when to exchange rate finishing below not funneled them en masse in seas sales last year thanks to the central bank said Tuesday. means that the number of
doesn’t hesitate to leave the arrive and leave the office. the psychologically-significant order to keep the won artificially the weak won. As a result, An index gauging lender atti- banks that will stiffen lending
office early While many 1,150 won mark for the first time weak. Asia’s fourth-largest economy tudes on loans to small and criteria surpasses that of
when his senior man- in 15 months. Overseas investment banks recorded a current account sur- medium enterprises (SMEs) lenders planning to ease their
senior col- agers pointed to The rate ended at 1,140 won are more aggressive in predict- plus of more than $40 billion in reached minus 6 for the first grip on loans.
leagues are on attire and work- per dollar Tuesday, down 1.2 ing the won-dollar rate for this 2009. quarter, compared with zero for “Local banks’ lending criteria
night duty. ing hours as the percent from its previous close. year. JP Morgan projects that the But the figure is expected to the previous quarter, according for SMEs is expected to be
He comes to most glaring This is the first time that the won will appreciate to 1050 won starkly diminish this year as the to a survey of 16 lenders by the tougher in the first quarter as
office dressed examples of the Korean won has fallen below in late 2010. won gains against the green- Bank of Korea (BOK). they are lending less to smaller
in casual gap, the recent- the 1,150 won plateau since This is not good news for back. The index figure is compiled firms with low credit and
attire, and nev- ly-graduated August 2008. Korean exporters such as Sam- “The market consensus seems on the basis of banks’ assess- incentives for supporting the
er wears a tie rookies said “With the United States keep- sung Electronics or Hyundai to be that the won is still under- ment of economic conditions companies are decreasing,” an
— even when communication ing its key interest rate at zero, Motor, which would see the dol- valued even though it has appre- and other factors such as inter- official at the BOK said.
he’s wearing a suit. Ahn was was the biggest difference. investors have incentives to sell lar-denominated prices of their ciated too much of late,” a Seoul
surprised to get an e-mail from The gap seems to be negatively dollars to buy other currencies. products rise. analyst said.
the rookie filled with emoticons, affecting businesses. Half of work- This leads to a weak dollar and “Outbound shipments will be The won-dollar rate once Market Indicators
but he is trying to get used to it. ers said that it was hindering the resultant strong won,” Woori negatively affected due to the approached 1,600 won per dol-
According to Job Korea, a job effectiveness at their workplaces. Investment & Securities econo- strong won and the current lar in March last year, but
market information portal, many
senior managers and recent grad-
uates at workplaces here are
Some 82.1 percent of workers
said they are making some kind
of effort to bridge the gap. Such
mist Lawrence Kim said.
“The downward trend is
expected to continue for the time
account surplus is expected to
substantially shrink throughout
the year,” Kim said.
remained upside of the 1,200
won level for most of 2009,
plummeting below it in Decem-
KOSPI
1,690.62 (-5.52)
KOSDAQ
533.27 (+5.18)
experiencing the effects of a huge efforts included chatting over cof- being so the rate could move into “In consideration of the global ber.
generation gap — and they believe fee and organizing gatherings out- the vicinity of 1,100 won unless trend of the dollar losing its value, voc200@koreatimes.co.kr
it is hurting work efficiency.
In a survey on 741 workers,
side the office that all must attend.
Nearly half of the respondents
WON/DOLLAR
1,140.50 (-14.30)
INTEREST
4.41 (-0.03)
86.1 percent said they experi- said they were making an effort to Global Banks Expect 5% Growth for Korea
enced the generation gap while understand the other group.
working with colleagues who are chizpizza@koreatimes.co.kr By Kim Tae-gyu mistic forecasts by and large as “Korea is estimated to have
Staff Reporter Nomura Securities and Deutsche expanded by 0.2 percent last Foreign Exchange Rates
Bank projected 5.5-percent year while its competitors Hong
Overseas investment banks growth, followed by 5.4 percent Kong, Singapore and Taiwan all Seoul (in won) Jan. 5
expect Korea will be able to by BNP Paribas. suffered from contractions of 2
chalk up 5-percent growth this In comparison, U.S.-based or 3 percent in 2009,” a KCIF T/T Cash Basic
year. They estimate that Asia’s Goldman Sachs and Citibank official said. Currency Rate
Buying Selling Buying Selling
fourth-largest economy also predicted 4.8 percent and 4.7 “Hence, you are required to
U.S. Dollar 1,151.60 1,129.40 1,160.45 1,120.55 1,140.50
expanded 0.2 percent in 2009 percent growth, respectively. understand that Korea’s basis is
Japanese Yen (100) 1,255.77 1,231.41 1,265.35 1,221.83 1,243.59
from the previous year. UBS has also presented a sub- different from those of Singapore
Euro 1,666.22 1,633.24 1,682.55 1,616.91 1,649.73
The Korea Center for Interna- par prediction of 4.6 percent. or Taiwan. Our 5-percent growth
British Pound 1,858.24 1,821.46 1,876.46 1,803.24 1,839.85
tional Finance (KCIF) said Tues- Gross domestic product (GDP) is tantamount to almost 7 or 8
Swiss Franc 1,122.71 1,100.49 1,133.72 1,089.48 1,111.60
day that 10 main foreign invest- of the two emerging economies percent for the neighboring Canadian Dollar 1,110.48 1,088.50 1,121.36 1,077.62 1,099.49
ment banks projected that the of China and India are expected countries,” he said. Australian Dollar 1,053.18 1,032.34 1,063.51 1,022.01 1,042.76
Korean economy will expand 5 to grow by 9.8 percent and 7.9 The 10 investment banks’ con- New Zealand Dollar 846.65 829.89 854.95 821.59 838.27
percent this year and 4.1 percent percent apiece in 2010. But sensus on Korea’s consumer price Hong Kong Dollar 148.52 145.58 149.97 144.13 147.05
next year on average. those of the United States and growth rates stands at 3 percent Swedish Krone 163.83 160.59 166.26 158.16 162.21
This is in line with the official Japan are predicted to be low at this year and 3.2 percent next Danish Krone 223.92 219.50 227.25 216.17 221.71
target of the Seoul administra- 3 percent and 1.5 percent. year from 2.8 percent in 2009. Norwegian Krone 202.58 198.58 205.59 195.57 200.58
tion while higher than the 4.6 The KCIF said that the 5-per- In addition, they projected that Saudi Riyal 307.11 301.03 316.23 279.75 304.07
percent of the Bank of Korea, 4.5 cent growth is lower than for the current surplus would sub- Kuwait Dinar 4,016.12 3,936.60 4,135.41 3,658.26 3,976.36
Foreign currency account: Korea Exchange Bank (KEB) will provide percent of the International Mon- those for Korea’s regional rivals stantially decline from 5.1 per- Bahrain Dinar 3,055.37 2,994.87 3,146.12 2,783.12 3,025.12
a foreign currency account offering favorable interest for new subscribers from Fri- etary Fund and 3.7 percent of such as Singapore with 6.2 per- cent of GDP last year to 1.9 per- Singapore Dollar 826.62 810.26 838.90 797.98 818.44
day. Those who sign up for the product can get additional interest of 0.05 percentage the World Bank. cent and Taiwan with 5.3 per- cent this year and 0.8 percent China Yuan 173.71 163.69 178.72 158.68 167.03
points to 0.2 percentage points based on the length of the period and the amount of Non-U.S. entities were found cent. But the KCIF sees things in next year.
the deposit. Courtesy of KEB to come up with the most opti- a different way. voc200@koreatimes.co.kr Source: Banks may charge different rates. They are quoted several times a day.
12 WEDNESDAY, JANUARY 6, 2010 World Business
From Page 1
law firm in Tempe, Arizona, said thinnest e-reader to date at geared mainly for book readers,
the firm has doubled its staff to just a quarter of an inch (0.63 Skiff said its device is the “first
handle the surge in bankruptcy cms), according to Skiff. e-reader optimized for newspa-
Boxing many Korean firsts in his career,
although none more surprising
won made annually by the most
expensive baseball player back
cessful South Korean boxer ever.
He became the first South
filings. The lawyers have been
steadily shifting away from their
Skiff, which is backed by per and magazine content.”
than when he became the first then — to return to the ring the Korean boxer to be ranked other areas of business, civil law- Dow Jones Combines WSJ, News Wire Businesses
His reign as champion would Korean boxer to renounce a following year. among the top 10 pound-for- suits and divorce cases.
last from 1983 to 1988, during world title. But all that awaited the past- pound fighters by Ring Maga- “Bankruptcy is kind of swal- NEW YORK (AP) — Dow ed the Journal and Barron’s,
which time he successfully Soon after his 15th title his-prime 26 year old upon his zine, which also listed him as the lowing the whole practice.” Har- Jones &Co. is dismantling the with its enterprise media
defended his title 15 times defense, the 25-year-old champi- return was a bitter ending. second-best junior flyweight of mon said. “There’s little time to divisions separating its flag- group, which includes the
against the likes of German Tor- on, who had a 36-1 record at the Chang fell to Humberto Gonza- all-time behind American do other stuff.” ship newspaper, The Wall Dow Jones Newswires, the
res (three times), Sot Chitlada, time, suddenly relinquished the lez in a WBC light flyweight title Michael Carbajal. There’s also no sign that Street Journal, from the Dow Jones stock indexes and
Hideyuki Ohashi (twice), and belt and retired from the sport in match and also lost two more In addition, he was selected as things are slowing down. Har- investment tools and other the business research service
Isidro Perez — all of whom later 1988 when his wife took off to WBC flyweight title bids before one of the top 10 boxers of the mon said bankruptcies have services aimed at a narrower Factiva.
claimed world titles. America with all his money. hanging up his gloves for good 1980s by the WBC; one of the top been coming in waves, first with business audience. Dow Jones, owned by News
His 15 defenses stood as a “My life was in disarray at that with a 38-4 (17 KOs) record in 27 in honor of the WBC’s 30th those 18 months ago who had The change announced Corp., thinks the overhaul will
record until compatriot Yuh time due to complicated domes- 1991. anniversary in 1993; and one of adjustable-rate mortgages, then Monday combines Dow enable it to identify and
Myoung-woo defended his World tic reasons, so I made up my “Although for me, returning to its top 25 of the 20th century. with those who lost their jobs Jones’ consumer media respond to customer needs
Boxing Association (WBA) junior mind to walk away from box- the ring was inevitable, I never Perhaps Chang’s biggest honor due to the housing downturn. group, a segment that includ- more quickly.
flyweight title 17 times in a row ing,” said Chang, now a busi- should have gone back after giv- came on Dec. 8 when it was Now he’s finding wealthy indi-
between 1985 and 1991. nessman in Seoul. ing up the title,” Chang said. announced that he will be viduals and business owners Novartis Looks to Buy Out Alcon for $38.5 Bil.
“I never thought that I would “As I valued pride above “When I made my return to among 11 inductees to the Inter- who have finally succumbed to
be good enough to win 15 suc- everything else, I wanted to quit the ring, I was not who I had national Boxing Hall of Fame lower incomes and shrinking GENEVA (AP) — Drug mak- lion in cash before carrying
cessive title defenses,” Chang with honor rather than lose and been before. (IBHOF). home values. er Novartis AG made a bid to out a merger with Alcon that
said. earn fight money, although my “It was really tough to regain “He was an outstanding fighter “A lot of the people we see were become a leading player in the would give it control of the
“There had never been a 16th title defense match had my form after an emotional and a national hero in Korea,” in a really good financial position growing global market for remaining 23 percent held by
Korean boxer who had pulled off already been set.” shock.” said Angelo Dundee, a 1992 Hall two years ago,” Harmon said. eye-care products Monday minority shareholders.
a fifth title defense, so I set my But boxing is not a sport Despite a disappointing end to of Fame inductee. “People really look at you and say, with an announcement that it The Basel-based drug mak-
sights on going for six. And after known for its happy endings and his career, Chang — nicknamed “Chang Jung-koo is one of the ’I can’t believe I’m here.”’ plans to take over Alcon Inc. er had already purchased 25
achieving that, my goal was nine, Chang was no exception. “The Korean Hawk” for his truly greatest fighters Korea has For three years, filings have by paying $38.5 billion for the percent of Alcon from Nestle in
because the Chinese letter for my Financial difficulties forced relentless style comparable to ever produced,” HOF Executive been steadily rising back toward 77 percent stake it does not April 2008 for $11 billion, with
given name, ‘koo,’ stands for Chang — once the highest-earn- former junior welterweight Director Edward Brophy said. levels reached early in the already own. the option of buying the food
nine. After that, I just tried my ing Korean athlete who received champion Aaron “Hawk” Pryor “It is a big honor as a boxer,” decade before Congress over- Novartis will buy Nestle SA’s and drinks company’s remain-
best in every single bout.” 70 million won per bout at his of the United States — estab- Chang said. hauled the nation’s bankruptcy 52 percent stake for $28 bil- ing stake at a later date.
The perm-haired boxer earned peak, compared to the 20 million lished himself as the most suc- ksw@koreatimes.co.kr laws.
2
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AlbumReviews
Heroines Line Up for Dramas in 2010
By Han Sang-hee
Staff Reporter
Snoop Dogg
‘Malice in Wonderland’
(WARNER MUSIC KOREA)
Actress Lee Shows Off ‘Handsome’ Look
By Lee Hyo-won
Snoop Dogg returns to Staff Reporter
form in his 10th album
“Malice in Wonderland.” Actress Lee Na-young, a symbol of cheery
The rapper’s new album is Audrey Hepburn-esque grace and femininity, was
full of collaborations with thrilled to have her looks compared to male stars
the hottest names in hip- such as Jung Woo-sung.
hop such as Lil Jon, R. Kelly, In the upcoming family comedy “Lady Daddy,”
The Dream and Soulja Boy. the screen beauty dons a “handsome look,” com-
The tracks are a fusion of plete with a necktie and mustache. She plays the
the gangsta rap that Snoop role of Ji-hyeon, a charming photographer whose
popularized, with today’s perfect life is disrupted with the sudden arrival of a
trendy R&B and pop beats. young boy who claims she fathered him, before
“I Wanna Rock,” which her sex-change operation. Ji-hyeon is forced to
samples “It Takes Two” by spend a week with the boy, and tries to fulfill a
Rob Base and DJ E-Z Rock, is “more conventional” role as a dad while her
a sure-fire hit with its catchy boyfriend, played by Kim Ji-suk, grows suspicious.
riffs. There’s a lot to like in In a press conference Monday in Seoul, Lee
this album: “Gangsta Luv,” expressed appreciation for comparisons to pretty-
“Pimpin Ain’t EZ” featuring faced actors. “But I’m afraid fans (of the male
R. Kelly, and “Special,” fea- stars) might not like it, but it’s the best compliment
turing Brandy and Pharrell. for me,” the 30-year-old actress said shyly.
Snoop doesn’t exactly offer The unconventional role, moreover, fulfills her Popular male group Backstreet Boys will be holding a concert at the Melon-AX Hall, eastern Seoul. Courtesy of Nine Factory
anything groundbreaking longtime personal wish of playing a man onscreen.
1
16 WEDNESDAY, JANUARY 6, 2010 People
Peopleline
Star Reporter Born
Actor Song Il-gook
With Heavy Snowfall Sheds 15kg
By Cho Jae-hyon for New Drama
Staff Reporter
South African President Jacob Top actor Song Il-gook
Park Dae-gi, a 31-year-old Zuma, left, sings and dances has lost 15kg for his new
KBS city desk reporter, became with his newlywed Thobeka drama, according to press
a star overnight among Inter- Madiba at their wedding cere- reports.
net users not because he got a mony, Monday in a colorful He has been building up
scoop but because his snow- Zulu traditional wedding outfit his body before the shoot-
covered appearance while at Zuma’s rural homestead of ing of a new MBC special
reading the news under heavy Nkandla, some 400 kilometers weekend drama, “A Man
snow impressed viewers. north of Durban. Wearing leop- Called to Be a God.” He
From 6 to 8:30 a.m., Mon- ard skins and carrying a Zulu was well known for having
day, Park, standing outside shield, South Africa’s polyga- a robust body — 185cm in
under the falling flakes, mous President Jacob Zuma height and 90kg in weight.
reported on the record snow- married for fifth time, in a tradi- However, he is now down
fall in Seoul eight times in 20 tional ceremony in his remote to 75kg.
to 30 minute intervals for KBS hometown. AFP-Yonhap Drama production offi-
news programs. This video clip shows Park Dae-gi, a cials said the main charac-
The video clips showed his KBS city desk reporter, reporting on ter of this drama is origi-
head and coat were covered heavy snow, Monday. Courtesy of KBS nally fast and fit, and Song
with snow and viewers were was trying to make himself
more attracted to his snow- Park later said it’s not look the part.
man-like image than what he unusual for him to have to He has been eating less
was reporting. wait before cameramen start food and exercising to keep
Some Internet users posted shooting. fit. He is focusing on aero-
the images on Web sites, mak- “I was surprised that it bic exercises instead of
ing him a star and one of the made such a big fuss. I’m hap- weight training.
most-searched figures on the py to have given a little bit of A drama production offi-
Internet.
His first name means “wait-
ing” in Korean and his email,
solace to those who had a
hard time due to the heavy
snow,” Park said.
Zuma Formally Weds 3rd Wife in Zulu Ceremony cial said, “His arms and
legs are longer than normal
people due to his tall height.
which appeared at the bottom On KBS’s Web site, his col- KWANXAMALALA, South dowry to her family in 2007 as is ance of her new husband. he wants. It is our culture.” His clothes for this drama
of the TV screen, is leagues also posted a number Africa (AP) — South Africa’s tradition. Zuma, wearing a skirt made of Another guest, 28-year-old are going to be separately
waiting@kbs.co.kr. of comments, with one read- president formalized his mar- Meanwhile, a family member animal fur pelts and sporting Prudence Khumalo, said she also tailored. This drama is
It drew lots of comments ing: “You were aesthetically riage to his third wife during a told The Associated Press on bright white tennis shoes, then supported the polygamous tradi- showing a modern hero
from Netizens. Among them pleasing to watch while you traditional ceremony Monday Monday that Zuma is also plan- joined the dance. The bride wore tion. instead of the traditional
are: “You must have waited were waiting.” amid media reports he plans to ning to marry again later this matching sneakers. “In the West is frowned upon,” ones of past dramas. Song
long,” “It’s really funny your Park has also been listed in take a fourth bride later this year. Guests dined on traditional she said. “Here we celebrate it. It is already adjusting himself
email is waiting” and “You the Korean Wikipedia. year. Other relatives have told South Zulu foods, and attendees were is our culture and we stand by well to the character.”
showed real professionalism.” chojh@koreatimes.co.kr Some 2,000 guests thronged a African media that the president told that more than a dozen it.” sahds@koreatimes.co.kr
homestead in rural KwaZulu- plans to wed Durban native Glo- sheep, goats and cows had been Zuma, 67, a Zulu traditionalist
Natal province to watch the cere- ria Bongi Ngema. The presi- slaughtered for the feast. and an unabashed polygamist,
WEDNESDAY, JANUARY 6 Television Programs Notice: (R) Replay (K) Korean Movie TV schedules are subject to change without prior notice.
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1
18
WEDNESDAY, JANUARY 6, 2010
Kwan Calls Kim Yu-na Good Role Model ing the Honda Classic,
2
Sports WEDNESDAY, JANUARY 6, 2010 19
Sportsline
Cote D’Ivoire Favored in African Cup Choi Jin-soo
Mega-Fight Seeks LUANDA (AFP) — The 2010
African football feast begins Sun-
to Leave Maryland,
Mediation
LAS VEGAS, Nev. (AFP)
day in Angola with the Nations
Cup serving as a tempting starter
ahead of the multi-flavoured
Hopes to Play in KBL
— Manny Pacquiao and World Cup main course. By Yoon Chul an exception for the 2.03-
Floyd Mayweather Jr. will Only hosts South Africa of the Staff Reporter meter small forward.
go to mediation in a bid to six World Cup qualifiers from If the KBL does not allow
salvage their March 13 Africa will be missing and Algeria, Unable to balance the rigors him to enter the draft, he
mega-fight. Cameroon, Ghana, Cote D’Ivoire of a university education and could transfer to a university
Representatives of the two and Nigeria are expected to make a basketball career, Choi Jin- in Korea, which would come
fighters will meet Tuesday the Nations Cup knockout phase. soo, Korea’s first NCAA bas- with complications because
with a California mediator in Add defending champions ketball player, has decided to he did not complete his sec-
an effort to reach agreement Egypt and hosts Angola and the leave the University of Mary- ond year in the United
on blood testing issues that list of likely African champions is land and return to Korea. States.
have threatened to scupper complete for the first Nations “It is really hard to do both The addition of Choi, one of
the highly anticipated bout. Cup to be staged in a Por- — play basketball and study,” the brightest young stars of
The mediator, retired tuguese-speaking country since Choi told Korean basketball Korean basketball, to any KBL
federal judge Daniel Wein- its inception 53 years ago. magazine Jump Ball. team would be a significant
stein, was used by promot- Didier Drogba-inspired Cote “Studying causes me a lot of move that would have a big
ers for both fighters three D’Ivoire are the darlings of the stress. I only want to play bas- impact.
years ago to resolve a dis- media and for the second con- ketball, I don’t want to have to But Choi has been the vic-
pute over promotional secutive tournament carry the think about studying,” added tim of some unfortunate cir-
rights to Pacquiao. favourites tag into a 22-day Choi. cumstances, which have
Pacquiao has been extravaganza scheduled for capi- The 20-year-old has strug- made it difficult for him to
angered by the Mayweath- tal Luanda plus Benguela, Cabin- gled academically and failed a succeed. He missed time at
er camp’s insistence on da and Lubango. class, which could result in a school to train with the
doping control blood tests After trampling all before them two-month suspension begin- national team, but it was not
in the buildup to their wel- two years ago in Ghana the Ivo- ning Jan. 22. time well spent. He was called
terweight showdown — a rians came horribly unstuck in The sophomore is now hop- up twice but did not get a
demand that has the March the semi-finals against title hold- ing to play professionally in chance to play in any interna-
13 fight in doubt. ers Egyptians, who won 4-1 with Korea and has already con- tional matches before he was
Amr Zaki scoring twice. tacted the Korean Basketball dropped from the team.
Bosnian coach Vahid Halilhodz- League (KBL) about the 2010 National team officials have
3B Beltre Signs ic has been busy lately dampening draft. However, the deadline been criticized for poorly han-
Cote D’Ivoire expectations, warn- for players to enter the 2010 dling the talented young play-
With Red Sox ing that while his star-sprinkled draft was Dec. 3. The league er, who was first named to the
squad makes for impressive read- committee plans to meet to team as a 19-year-old.
Associated Press ing, the total impact is often less Fulham defender Chris Smalling, bottom, challenges Chelsea striker Didier Drogba during an English Premier League match at determine whether to make yc@koreatimes.co.kr
than the sum of the parts. Stamford Bridge in London on Dec. 28, 2009. Drogba will lead Cote D’Ivoire at the Cup of African Nations, which begins Sunday
A person familiar with Drogba, who has hinted that in Angola. Reuters-Yonhap
the negotiations says free-
agent third baseman Adri-
Angola will be his Nations Cup
swansong, says the arrogance EA Standing Behind Woods
an Beltre and the Boston and complacency of the 2008
Red Sox are close to agree- squad must be eradicated if the
Group A Group B Group C Group D SAN FRANCISCO (AP) — Elec- Online.”
ing on a one-year contract. Ivorians are to win the tourna- 1. Angola 1. Cote D’Ivoire 1. Egypt 1. Cameroon tronic Arts Inc. is standing AT&T Inc. and Accenture have
A home run threat known ment a second time. 2. Mali 2. Ghana 2. Nigeria 2. Tunisia behind Tiger Woods and plans to dropped their sponsorships of
for strong defense, Beltre “We will treat every opponent 3. Algeria 3. Togo 3. Benin 3. Zambia go ahead with the release this Woods, who is taking a break
spent the past five years with with respect, humility and seri- 4. Malawi 4. Burkina Faso 4. Mozambique 4. Gabon month of an online game featur- from the sport to focus on his
Seattle. Injuries limited him ousness. There is no room for ing the embattled golf superstar. marriage after his admitted infi-
to 111 games last season, complacency like in Ghana. No EA Sports President Peter delity.
when he batted .265 with game is won in advance,” World Cup qualifiers failed to and Laryea Kingston ruled out. Togo boast Manchester City Moore says Woods is “still one of EA wouldn’t comment on
eight homers and 44 RBIs. warned the 31-year-old Chelsea stamp their authority. And Serb coach Milovan Raje- striker Emmanuel Adebayor and the greatest athletes in history” whether plans for a new edition
Beltre, 30, is a two-time goal machine. Without a Nations Cup title since vac axed midfielder Sulley Muntari the pick of the Burkina Faso line- despite his missteps off the golf of the popular “Tiger Woods PGA
Gold Glove winner. He Cote D’Ivoire are in an all-west 1982, Ghana have been ravaged for ill discipline so the always up is Moumouni Dagano, a course. He also cited the compa- Tour” console game would be
would supplant Mike Lowell Africa Group B with Ghana, by injuries with central defenders demanding workload for box-to- Qatar-based striker and leading ny’s extensive work over the past affected. The franchise has raked
at third base in Boston. Burkina Faso and Togo and it John Pantsil and John Mensah box Chelsea workaholic Michael scorer in the qualifying competi- year in developing the new in hundreds of millions of dol-
would be a shock if the two and midfielders Stephen Appiah Essien just got a bit heavier. tion with 12 goals. game, “Tiger Woods PGA Tour lars.
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20 WEDNESDAY, JANUARY 6, 2010