Seoul education authorities will designate an autonomous private high school in each district of the capital. The Ministry of Education, Science and Technology plans to name 30 autonomous high schools between March and May this year in an attempt to diver
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President Lee Myung-bak warned that this year’s economic growth may further slow down. He said on December 27, 2008 that the country’s economy may see a downturn in the first half of 2009 because of the bad effect from the global economic crisis. Howeve
The Ministry of Education, Science and Technology교육과학기술부 revealed its new plans for English education on December 18. The plans include the introduction of a Korean version of the TOEFL test and increasing English class hours for elementary school
The leaders of Korea, China and Japan agreed on December 13 that Asia must be the engine of growth to curb the global financial crisis and pledged to closely cooperate in order to help boost the world economy. The three leaders made the vow during their f
In December, America’s unemployment increased sharply with the number of Americans filing for jobless benefits at a 34-year high. He urged passage of a new New Deal program to convert rising unemployment into an opportunity to transform the economy.
The Bank of Korea (BOK) said on November 28 that Korea became a net debtor nation for the first time in eight years during the third-quarter. The BOK said it was mainly due to Korean banks and companies’ increase in borrowings from other countries to sid
American researchers found that banning fast food advertisements reduces childhood obesity. The new study measured the effect of TV fast-food ads, with results indicating that a ban on fast food commercials would reduce the number of obese children by 18
On November 15, leaders from 21 nations and four international organizations gathered in Washington for an emergency economic summit. The meeting was held to discuss ways to combat the global economic slump that started in the U.S. and rapidly spread arou
In televised interviews last Sunday, Mr. Obama has pledged to move with deliberate haste to confront the country’s financial problems. According to a new report, the unemployment rate climbed to a 14-year high in October, and 10.1 million people were out
The scandal surrounding the industrial chemical melamine seems to be ongoing. Experts say melamine is already widespread in the global food chain. First, it was found in baby milk powder. Then, it was found in China-made food products from cookies to choc
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