Wednesday, January 28, 2015

North Korea Demands

North Korea has been a difficult country to deal with over the past decades especially with their new leaders who have taken charge.  In recent news the government of North Korea has demand 10 billions dollars and also half billion tons of food from South Korea.  Although the government is enforcing and pleading this demands, former president Lee Myung-bak, is refusing to pay anything that Kim Jong Un demands.

There has been various demands and threats between this two country since their truce ended in the year 1950.  Lee has been rejecting all of North's Korea terms due the truce that has been broken.  The recent summit of list that was sent to Lee included the following request; 400,000 tons of rice, 100,000 tons of corn, 300,000 tons of fertilizer and $10 billion dollars in North Korea National Bank accounts. 


http://news.yahoo.com/north-korea-demanded-10-billion-cash-food-summit-033909228.html;_ylt=A0LEVrihyMlUctcAQz8nnIlQ

Friday, January 23, 2015

China's Economy

 China has have various difficulties over the past decades due to the established governments.  One of the greatest issues in this country is the Economy. The Economy of China is very difficult to deal with due to the fact that it growth is very slow.  Premier Li states that the economy that their economy is working from a medium pace to high speed pace although the economy growth has been 7.4 percent instead of 7.5 percent.  Premier Li also assures that the economy has enter a new stable position.  He also stated that they have new plans that will increased entrepreneurship, encourage healthy competition and protect intellectual property.  Premier considers that having a slow economy provides support and a solid government to China.


http://money.cnn.com/2015/01/22/news/economy/chinese-premier-hard-landing-davos-world-economic-forum/index.html