As part of our Year in Review package, we're inviting you to place a virtual bet on the outcome of what we think will be some of the top stories in 2009. Clicking on one of the questions below will take you to the Hubdub news prediction site, where you can place a bet on the outcome and peruse other questions set by Reuters.
from Global News Journal:
By Jack Kim
North and South Koreans have been divided for more than 50 years by one of the world’s most heavily fortified borders. When we come into contact, it is almost always in small and carefully arranged visits.
from Changing China:
Lehman Brothers is looking for fresh capital in South Korea, the Wall Street Journal reports. If the investment bank does end up tapping South Korea, it will have taken slightly over a decade for the 1997 multibillion loan from the IMF, backed by Wall Street and the Federal Reserve, to come full circle. The Journal says Lehman is looking to state-run Korea Development Bank and Woori Financial Group as it searches for funds to ward off a Bear Stearnsian crisis of confidence. The IMF demanded strict economic reforms for its money. A South Korean lender, like the Chinese and Arab investors bailing out Citi and Merrill Lynch, might just want a juicier cut.