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Korea Economy

NEWS
January 7, 1997 | DAVID HOLLEY, TIMES STAFF WRITER
With organized labor and the government in Seoul moving toward a showdown over a controversial new labor law, analysts say the next few days will be crucial in determining whether strikes threatening South Korea's economy will spread or fade away. Authorities and business leaders Monday signaled moves toward an aggressive strategy to suppress the actions, which come at a time when South Korea's economic growth is slowing and exports are weakening. The strikes began Dec.
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NEWS
December 27, 1996 | DAVID HOLLEY, TIMES STAFF WRITER
Striking workers from unions representing 1.7 million members shut down much of South Korea's economy today in escalating protests against a new labor law and feared threats to civil liberties. The main target of worker fury was a law passed in a secretive predawn parliamentary session Thursday that makes it easier for employers to lay off workers and to hire replacements for strikers.
WORLD
May 18, 2013 | By Barbara Demick, Los Angeles Times
SEOUL - Perhaps it is merely basic human desire to keep up with the neighbors, but an increasing number of South Koreans are saying that they want nuclear weapons too. Even in Japan, a country still traumatized by the legacy of Hiroshima and Nagasaki, there is a debate about the once-taboo topic of nuclear weapons. The mere fact that the bomb is being discussed as a policy option shows how North Korea's nuclear program could trigger a new arms race in East Asia, unraveling decades of nonproliferation efforts.
NEWS
November 7, 1995 | SAM JAMESON, TIMES STAFF WRITER
President Kim Young Sam was reportedly determined Monday to decide within 10 days whether to put his predecessor, Roh Tae Woo, on trial for accepting bribes, as a minister in Kim's Cabinet declared that the South Korean people will demand the arrest of the former president.
WORLD
August 14, 2002 | From Associated Press
North Korea threatened Tuesday to withdraw from a 1994 accord with the United States under which it would freeze its suspected nuclear weapons program in exchange for two nuclear reactors. To preserve the agreement, Washington must compensate for the loss of electricity caused by the delay in building the reactors because a power shortage has "created grave difficulties" in North Korea's economy, a Foreign Ministry spokesman said.
CALIFORNIA | LOCAL
January 24, 1997
South Korea's economy remains enviably healthy by the standards of most industrialized countries, but Korean officials and business leaders see a less happy picture. Korea's exporters have increasingly been losing markets to lower-cost Asian producers, and this has contributed to slower growth and a rising trade deficit. Partial blame falls on a paternalistic labor law that President Kim Young Sam and his supporters see as a drag on South Korea's economic competitiveness.
CALIFORNIA | LOCAL
February 6, 1997
A North Korea that for decades posed before the world as the realization of paradise on earth has again been forced to admit it desperately needs food for its 23 million people and must appeal for international help. The United States is among those ready to lend a hand, with President Clinton approving the export of up to 500,000 metric tons of wheat and rice to its old enemy. But Pyongyang's negotiations on a barter deal with the big U.S. grain firm Cargill Inc. have not been easy.
WORLD
December 18, 2011 | By Barbara Demick and John M. Glionna, Los Angeles Times Staff Writers
North Korean leader Kim Jong Il, the mercurial strongman extolled at home as the "Dear Leader" and reviled abroad as a tyrant, has died at 69, North Korean media reported Monday. Kim's death was announced by state television from the North Korean capital, Pyongyang. No cause of death was reported, but Kim was believed to have suffered in recent years from diabetes and heart disease. The diminutive leader was believed to have suffered a stroke in 2008 but nonetheless appeared in numerous photos released by state media as he toured state facilities and in recent months embarked on rare trips outside North Korea -?
NEWS
April 9, 2013 | By Paul Whitefield
Shouldn't we just nuke North Korea now and get it over with? Or, to put it another way, was Douglas MacArthur right, after all? Well, no and no. (Although undoubtedly some will want to argue the MacArthur thing late into the night.) Yes, the Hermit Kingdom is being even crabbier than usual these days. On Tuesday, for example, Pyongyang warned foreigners in South Korea to prepare evacuation plans in case of war. North Korea is also believed preparing to conduct a missile test soon, perhaps as early as Wednesday.
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