Profari

Can Emergency Mode Save SK from Crises?

Posted by Robi - 11/01/09 at 06:01:20 am

The wave of world economic crises is going to hit South Korea. It is thought that the hit come very soon as South Korea’s President has recently said his government will face emergencies in 2009 over the worldwide economic crisis. A lot of soft economic statistics emerged in the year of 2008 for South Korea, prompting President Lee to recommend he must put the country into ‘emergency mode’ to tackle slowing economic conditions and financial turndown all over the world. In his recent speech Lee promised to apply some countermeasures to lift the economy from the latest go down in exports, which already dropped by more than 15% during December 200.

President Lee said his administration would do more to help and support for all small and medium sized businesses to retain their employees. He added, the government would press ahead with right plans to privatize as well as scale back state-owned enterprises. On the other hand, as a good number of North and South Korea cooperation projects were abandoned in last year, to remove the hurdle Lee said he would be glad and happy to have talks with the North Korean leadership. He said it would be an effort to get an end to the habit of trying to divide the countries.

Lankan forces took the control of Tamil Capital

Posted by Robi - 05/01/09 at 04:01:55 am

At last, the Sri Lankan forces have seized the Tamil Tigers’ de facto capital of Kilinochchi, part of the Northern Province of Sri Lanka. Some sources from President Mahinda Rajapaksa’s office said that Sri Lankan troops entered Kilinochchi from different two locations and after a fierce confrontation with the tigers, the Lankan defense force took the control of the town. Udaya Nanayakkara, one of the military spokesmen, said “Presently the 57 division troops and one battalion of the Sri Lankan army have entered Kilinochchi town.”

On 1, January, 2009 Lankan army captured Iranamadu junction which was south of the LTTE’s self-proclaimed capital of Kilinochchi and Paranthan town to the north. On the other hand, Sri Lanka’s forces have been closing in Kilinochchi since September 2008. Through out the last month, it has been assaulting Tiger defenses surrounding the town.In the meantime in Colombo, the capital of Sri Lanka just after President Rajapakse’s statement of the fall of Kilinochchi, a suspected suicide bomber attacked the headquarters of the Lankan air force killing no less than two persons and injuring more than thirty others. But the victory over the Tiger has made the more inspiration in Lankan forces.

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