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N Korea Severs Trade with South

North Korea announced its plan to cut any remaining commercial ties with South Korea, as a response to South Korea's involvement in the six-party talks on its nuclear weapons programme.

North Korea announced its plan to cut any remaining commercial ties with South Korea, as a response to South Korea's involvement in the six-party talks on its nuclear weapons programme. The talks which will be held on December, and includes countries such as Russia, Japan, U.S and China, aims to encourage North Korea to give up its nuclear arms. North Korea plans to tighten its borders and shut the railway to Kaesong, one of the main investment enclaves for South Korean companies.

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N Korea Severs Trade with South

North Korea announced its plan to cut any remaining commercial ties with South Korea, as a response to South Korea's involvement in the six-party talks on its nuclear weapons programme.

North Korea announced its plan to cut any remaining commercial ties with South Korea, as a response to South Korea's involvement in the six-party talks on its nuclear weapons programme. The talks which will be held on December, and includes countries such as Russia, Japan, U.S and China, aims to encourage North Korea to give up its nuclear arms. North Korea plans to tighten its borders and shut the railway to Kaesong, one of the main investment enclaves for South Korean companies.

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UN Assesses N Korea Food Supply

North Korea has given rare access to staff from the UN World Food Program, which is there to assess the seriousness of food shortages.

North Korea has given rare access to staff from the UN World Food Program, which is there to assess the seriousness of food shortages. In addition to North Korea, the Program is also visiting more than 50 other countries. Many fear that the country may be on the brink of starvation.

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South Korea wants to send corn to North Korea

If Seoul had its way, North Korea would get 50,000 tons of corn from South Korea to help alleviate the effects of the food shortage there.

If Seoul had its way, North Korea would get 50,000 tons of corn from South Korea to help alleviate the effects of the food shortage there. However, Pyongyang has yet to respond to the offer made last month. North Korea's good food shortage has worsened this year, after floods damaged the countryside in 2007.

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Let Them Eat Juche

North Korea may be coming close to mass starvation in the country again.

North Korea may be coming close to mass starvation in the country again. The food distribution system in the state is breaking down, making the people rely more and more on informal or illegal markets for grain. The famine is consistent with recent extreme price rises.

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The Korean Won's Sharp Rise Complicates Profitability for Hyundai Motor

Korean companies relying heavily on exports are struggling with the strengthening won and drastic measures are necessary to remain competitive in the international market.

Korean companies relying heavily on exports, such as Hyundai Motor, are struggling with the strengthening won. To cope with drastic currency differences, minimize possible losses, and remain competitive in the automotive market, Hyundai must reduce costs by 20 percent during the next 2 years, drop prices in competitive markets and cut 2007 sales targets.

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Won-dollar Rate Barely Manages to Close Above 900

The won-dollar exchange rate dipped under 900 for the first time in 10 years, but managed to close at 900.7 to the dollar.

The won-dollar exchange rate dipped under 900 for the first time in 10 years, but managed to close at 900.7 to the dollar. Foreign banks predict further falls in the exchange rate between the won and dollar stating that, "it's just a matter of degree, not the direction."

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Cambodia and North Korea to Sign Investment and Sea Transportation Treaties

On this coming November 2007, Cambodia will be formally visiting North Korea to sign an investment and sea transportation cooperation treaties.

On this coming November 2007, Cambodia will be formally visiting North Korea to sign an investment and sea transportation cooperation treaties. Cambodia regards these agreements as an important opportunity for both countries' economic and political cooperation. The official 4 days visit will include various meetings with the North Korean's government officials.

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N. Korea Investment Plan in Cambodia

North Korea is planning to invest in Cambodia to expand its markets entrance to other countries in the world.

North Korea is planning to invest in Cambodia to expand its markets entrance to other countries in the world. By investing in Cambodia, North Korea will be able to expand its opportunity to produce goods and sell them to other larger countries. In response to the investment proposal, the Cambodia Prime Minster and other senior government will be officially meeting North Korea Prime Minister, Kim Yong-Il, at the beginning of November 2007 to discuss on other potential details.

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Korea: Disagreement Over Benefits of Daylight-Savings Time

The Korean business community proposes the implementation of daylight-savings time during summer months, citing the change would lead to energy savings and increases in productivity. Think Tanks such as the Korean Development Institute and the Korea Energy Economics Institute disagree, however.

The Korean business community proposes the implementation of daylight-savings time during summer months, citing the change would lead to energy savings and increases in productivity. Think Tanks such as the Korean Development Institute and the Korea Energy Economics Institute disagree, however, reporting that there is no evidence that daylight-savings time produces substantial economic benefits.

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Japan, North Korea Envoys Mitigate Tensions on Mongolian Soil

The tense relationship of Japan and North Korea will hopefully begin to mollify as representatives from both nations have initiated talks in Ulan Bator concerning North Korea’s nuclear program and past abductions of Japanese civilians by North Korean agents. This meeting is one of many working sessions established following the six nation deal agreed upon in February at Beijing that aimed to disarm and dismantle Pyongyang’s nuclear programs. Japan is expected to take a hard stance on the kidnappings, where a resolution is imperative in order for both nations to consider normalized relations. North Korea is expected to seek a settlement for the Japanese occupation of the Korean peninsula from 1910 to 1945.

The tense relationship of Japan and North Korea will hopefully begin to mollify as representatives from both nations have initiated talks in Ulan Bator concerning North Korea's nuclear program and past abductions of Japanese civilians by North Korean agents. This meeting is one of many working sessions established following the six nation deal agreed upon in February that aimed to disarm and dismantle Pyongyang's nuclear programs. Japan is expected to take a hard stance on the kidnappings, where a resolution is imperative in order for both nations to consider normalized relations. North Korea is expected to seek a settlement for the Japanese occupation of the Korean peninsula from 1910 to 1945.

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