South Korea has plans of calling on the UN Security Council to handle the North Korea problems after Pyongyang threatened that war could erupt soon.

South Korea President Lee Myung-Bak is appealing to its allies and the international community to aid in their retaliation and to help force North Korea to stop its nuclear weapons program.

The United States is also monitoring the North after the incident killing 46 sailors happened on March. The 1200 ton Cheonan was concluded to have been sunk by a torpedo launched by North Korea. This finding is that of the multinational probe done by South Korea’s allies.

South Korea has already taken some measures to keep their communist neighbor at bay. One of these is cutting of trade with the North. Seoul is constantly beseeching the Security Council to take action and likewise urging Pyongyang to stop its nuclear plans.

Admiral Robert Willard has said there doesn’t seem to be any unusual movements from north of the border. US forces have been told to be vigilant and be prepared for anything. Although they have warned of an impending war, Pyongyang has yet to make a move. “Everyone in the region is watching North Korea very closely,” said Willard.

North Korea still denies the allegation of the multinational probe and considers it a mere fabrication. They feel that the US and its allies have an ulterior motive in wanting them to be tasked to the Security Council.

President Lee mentioned that if war is inevitable, South Korea and the US will engage them if necessary.

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Post tags: allies, North Korea, nuclear weapons program, pyongyang, Security Council, South Korea, UN, US

Rallying commodities and stocks, along with the predictions that factories and jobs will get a lot of orders are indications that the United States of America is enjoying a boost in economic terms. In contrast, the yen is getting weaker.

As mentioned, the economic strengthening is most apparent at the US industries incorporated more measures to improve the working conditions of their workers. This includes reduction in number of firings, advancements in private payrolls, and an increase in orders from the factories. In fact, the increase in payroll has been the highest in nearly 17 years.

In fact, this is not only happening in the US, but through most parts of the world. Some people were concerned that the debt crisis in Europe would stunt the economic growth around the world, but in fact, the opposite is predicted to happen. In the words of Tobias Merath from Credit Suisse Group AG, “the global economic recovery is continuing and most economic indicators are surprising to the upside.”

This economic booth is also evident in the fact that 70,000 jobs have been added for May, and that the number of jobless is significantly reduced. Advancement in commodities is also an indication for good economic health for the US. This includes increase in crude oil and General Motors Company and Ford Motor Company sales, among others.

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Post tags: commodities, debt crisis, economic growth, economic health, economy, europe, ford motor company, general motors, stock rally, US, working conditions

China is now seeking to get even with President Barack Obama’s decision impose tariffs on their exported Chinese tires. What the Chinese government wants is to slash their American chicken imports! American traders are now worrying as they could lose their largest export market for chickens. The biggest number of exports on chicken to China are the wings and feet parts.



However, a Chinese trade expert revealed that the threat from the Chinese should not be taken seriously. He revealed that the Chinese really dig these chewy jumbo chicken feet they get from America. We can only hope that these distasteful exchange of international trade cuts would be resolved as both parties could end up losing in the end. To know more about this news story, please visit New York Times.

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Post tags: Barack Obama, chicken feet, China, US