The Korea Herald

[Herald Interview] Nestle hopes for more ties with Korean suppliers

IndustryApr 7, 2011

Nestle S.A., the world’s largest food company, is seeking to boost its beverage and coffee machinery purchase from innovative Korean manufacturers, one of the firm’s high-ranking officials said Thursday. The firm saw the biggest potential of local companies in its leading technologies and dynamics, said Ruguo Hu, head of equipment & system of Nestle R&D Centre Shanghai. The Shanghai R&D center i...
KNOC spurs overseas resources development

IndustryApr 7, 2011

State-run oil firm also seeks to diversify business to crude alternatives State-run Korea National Oil Corp. is stepping up overseas development projects and expanding its portfolio into alternative resources in bid to boost the country’s energy security. Korea, the world’s fifth-largest importer of crude oil, has been vulnerable to global oil price volatility and uncertainties in the market, e...
Boy finds father he didn’t know he had

PeopleApr 7, 2011

CHICAGO ― As drums pulsed and a singer wailed, Chelot Pierre danced. Dressed in white, a red sash around his waist, the young man glided about the room with serpentine grace. His arms waved gently, evoking the ocean lapping at his Caribbean homeland. His face, marked by a faint scar on his forehead, was serene. Anthony Bradford watched from the front row. He could scarcely believe 14 years had p...
Official song of Daegu athletic meet unveiled

PeopleApr 7, 2011

Organizers of the 2011 world athletics championships in Daegu launched its official song on April 7. They say the melody and lyrics of the song titled “Let’s Go Together” express the dreams, passion and challenges of track and field athletes as well as their harmony. Cho Hae-nyoung (center), co-president of the Organizing Committee for the 2011 IAAF World Championships in Daegu from Aug. 27 to ...
Soccer star’s foundation donates 200m won

PeopleApr 7, 2011

HMB Foundation, established by former national soccer player Hong Myung-bo, will donate 200 million won ($183,600) in proceeds from a recent benefit soccer match to three charity organizations. The three are Community Chest of Korea (140 million won), Seoul Welfare Foundation (30 million won) and ChildFund Korea (30 million won). Hong Myung-bo They will use the money for child cancer patients ...
[Shlomo Ben Ami] The many faces of the Arab spring

ViewpointsApr 7, 2011

MADRID ― The attack by a Western-led alliance on Muammar Gadhafi’s forces in Libya is driven largely by principled motives. Had it turned its back on the Libyan rebels, the West would have betrayed its very identity. Of course, the same principles are not being applied to save the brutally repressed masses in Yemen or the Shia protesters in Bahrain. It is doubtful whether they will be extended t...
[Editorial] Twisting refiners’ arms

EditorialApr 7, 2011

In January, President Lee Myung-bak said there was something fishy about domestic gasoline prices. When international crude prices soared, he said, domestic prices of gasoline seemed to go up correspondingly without delay, but when crude oil costs dropped, retail gasoline prices appeared to fall slowly and by a smaller margin. The president’s comment was a signal that the government would step u...
More even-handed budget approach is needed

ViewpointsApr 7, 2011

Rep. Paul Ryan, the Wisconsin Republican who chairs the House Budget Committee, has proposed the most ambitious tax-and-spending plan that Capitol Hill has seen in years. His budget proposal for fiscal 2012 doesn’t merely seek to pare the enormous federal deficit and bring the national debt under control, which it would do much more aggressively than the plan President Obama offered in February. ...
[Editorial] Die-hard practices

EditorialApr 7, 2011

Old business practices die hard. For an example, look no further than the pharmaceutical industry. Some unscrupulous drug producers are unable to quit the bad habit of offering kickbacks to doctors and pharmacists to boost the sales of their products. According to the Ministry of Health and Welfare, it has received more than 100 tip-offs about illegal kickbacks since November last year when the ...
Quran-burning touches off a killing spree

ViewpointsApr 7, 2011

Florida pastor Terry Jones certainly deserves a lion’s share of criticism for his symbolic burning of the Quran on March 20, having been warned for months that it was almost certain to provoke violence in the Muslim world. It did, and now 24 people are dead in Afghanistan, including six U.N. workers in the northern city of Mazar-e-Sharif. It is important to note, however, that the reaction of Mu...
[Julia Allison] Netiquette 101

ViewpointsApr 7, 2011

Boorish relatives, vengeful exes, inappropriate work attire, unsent thank-you notes ― traditional advice columnists have spent decades offering prescriptions for these gaffes. Now, thanks to social media, the Internet and any number of gadgets and innovations, we have the means to offend or upset people on an unprecedented scale. With every new technology, there are new ways to make an absolute ...
[Laurence Kotlikoff] U.S. fiscal meltdown in spitting distance

ViewpointsApr 7, 2011

The two parties are having a heated debate over the Republican plan to slice $61 billion off Uncle Sam’s projected $3.6 trillion budget. If the Republicans get their way, the deficit will fall from 9.5 percent of gross domestic product to 9.1 percent. If they don’t, they’ll probably shut the government for a couple of days. Then they’ll compromise on, say, a $40 billion budget cut, having proved ...
[Ruti Teitel and Robert Howse] Debt, dictatorship, and democratization

ViewpointsApr 7, 2011

NEW YORK ― After Saddam Hussein’s fall, the United States successfully pressed creditors to write off much of Iraq’s external debt. Senior American officials, including Paul Wolfowitz, later president of the World Bank, argued that the Iraqi people should not be saddled with obligations that the dictator contracted in order to enrich himself and oppress his subjects. Citing a long-standing doctri...
[Naomi Wolf] Al Jazeera will benefit Americans

ViewpointsApr 7, 2011

NEW YORK ― Al Jazeera correspondent Ayman Mohyeldin is on a victory lap in the United States ― or rather, Al Jazeera is sending him on its own victory lap. After all, Mohyeldin is a modest guy, despite being one of Al Jazeera’s best-known reporters ― and clearly a rising international media star. Al Jazeera has good reason to gloat: it has new cachet in the U.S. after millions of Americans, hung...
Gadhafi asks Obama to end airstrikes

World NewsApr 7, 2011

Letter to U.S. president also wishes him luck with his re-election bid WASHINGTON (AP) ― Libyan leader Moammar Gadhafi appealed directly to President Barack Obama on Wednesday to end what Gadhafi called “an unjust war.” He also wished Obama good luck in his bid for re-election next year. “You are a man who has enough courage to annul a wrong and mistaken action,” Gadhafi wrote in a rambling, th...