Look for the WATCH CLIP links. This will take you to the exact point in the video podcast for that section or story.
The News: WATCH CLIP
- Kaesong Update – North and South Korea are set to meet on August 14 to discuss reopening the plant. North Korea essentially blinked and appears to give in to all of South Korea’s demands. They are saying they want to meet on the 14th so they can announce the resumption of business on the 15th, Liberation day (a holiday in both countries). Everyone is greeting this news with happiness; I for one find it very suspect. WATCH CLIP
- A boost Korea’s Minimum Wage. South Korea has passed new legislation that will provide a 7% increase to the nation’s minimum wage. The new rate to take effect in 2014 will the W5,210/hr or about $4.63/hr. An 8-hour day brings in W41,680 and a full-time monthly salary is 1.08 million won. While it appears far below what is needed to maintain a household, one must keep in mind that in most cases those just out of college have these entry-level paying jobs. They are most likely single; therefore, not responsible for paying rent or other expenses for maintaining a household. WATCH CLIP
- Kakao is making big money in games! With over 100 million users taking advantage of Korea’s home grown instant messaging program, the biggest cash cow for the company is its gaming platform. In just a single year, the company has earned $1.1 billion. In Korea, the top 10 games are all Kakao based. WATCH CLIP
- Doomed to fail. South Korea’s big penis shaped gaming mecca has been scrapped. Why? No funding. The real reason – no one wants to come to Korea to gamble. The Korea Casino Association said the country’s gambling revenue totaled 2.46 trillion won ($2.19 billion) in 2012–way behind the $38 billion that Macau, the world’s biggest gambling market, generated last year. Even though the plans for the massive Eightcity complex were started six years ago, nothing ever happened… only an artist’s rendition… a pipe dream at best. WATCH CLIP
- Asiana hit with $5 million lawsuit. A Chinese passenger of Asiana Flight 214 has sued the carrier for $5 million following the serious injuries he sustained during the July crash. The Montreal Convention states that passengers can only bring a lawsuit in the country of origin or where the airline is based, but Xie’s tickets were purchased by his son in the US, which may give him access to the US’s generous courts. This is in stark contrast to what Korean courts pay out. It’s expected Asiana will have to pay out roughly $80,000 -$160,000 for each of the three Chinese girls who died. Those claiming PTSD will most likely be out of luck, as the typical payout is $11,500, while legal fees to get that amount averages $8,800. WATCH CLIP
- Grandson of Yoido Full Gospel Church founder is an Anchor Baby. Cha Young, 51, former spokeswoman of the Democratic United Party, filed a paternity suit against Cho Hee-jun, 48, former chairman of the Kookmin Ilbo. Cho is the eldest son of David Cho Yong-gi, 77, founder and pastor emeritus of the Yoido Full Gospel Church in Seoul. In the report, she asked for 100 million won for child expenses. Cha claims she divorces her then husband and went to Hawaii in 2002 to give birth. She claims she is brining the claim forward now because the family has failed to uphold promises they made in February of this year to care for the child. WATCH CLIP
- Seoul decreases Dokdo marketing budget. The article cites a decrease of 18% over this year’s budget because the program has run its course. Actually, its just been ineffective and a waste of money. WATCH CLIP
- Dokdo is Japanese Territory according to new survey. 60.7% of 3000 Japanese citizens surveyed feel the disputed islets belong to Japan with over 63% stating they are illegally occupied. While the survey had 1,784 respondents over the age of 20, it is unclear if the survey was carried out in a statistically relevant manner. WATCH CLIP
- Will TEPCO receive government aid? Since the 2011 earthquake that caused a massive breach at the Fukushima Daiichi nuclear power plant, TEPCO has been struggling to clean up the area and turn a profit. It has resisted raising power rates and turning on dormant reactors to provide a greater supply of power to customers. In April, Chairman Kazuhiko Shimokobe mentioned that the government “will take a step forward” to help the organization meet its business obligations. Lot’s of speculation as to what that exactly means, perhaps a government bailout to some measure? WATCH CLIP
- China unhappy with the US. The United States Senate passed a resolution condemning several actions by China. These included extension of its territory to including most of the South China Sea and sending surveillance ships into the disputed area with Japan. The above resolution proposed by a minority of senators took heed of neither history nor facts, unjustifiably blaming China and sending the wrong message,” China’s Foreign Ministry said. “China expresses its strong opposition, and has already made stern representations with the U.S. side. We urge the relevant senators to respect the facts and correct their mistakes in order to avoid further complicating the issue and the regional situation.” WATCH CLIP
- Who owns the sea? Interested parties are attempting to take China to arbitration to settle their ever-expanding realm of influence. The Philippines, Brunei, Malaysia, Vietnam and Taiwan all have had territory recently claimed by China in new maps that define the South China Sea/West Philippine Sea. The US is supporting the action and has provided additional ships to the Philippines (even more than Japan has pledged). Japan is also moving to supply more ships to oversee its contested areas. WATCH CLIP
- China set to experience baby boom. Since 1979, China has held fast to their “one baby policy.” However, it appears that the nation may be expanding that to two in the near future. “According to the 21st Business Herald which cited sources close to the National Population and Family Planning Commission, China may significantly relax its one-child policy at end-2013 or early-2014 by allowing families to have two children if at least one parent is from a one-child family,” according to economist Ting Lu. He believes this is part of Xi’s reform policies. WATCH CLIP
Other News Topics
- There she blows… and blows! Yellowstone’s largest geyser, Steamboat Geyser erupted last week. Now why is this news? While it is the park’s largest, it isn’t a predictable geyser like Old Faithful. In fact, Steamboat hasn’t erupted in eight years. This time, the blast stunned everyone by sending shooting hot water into the air some 200-300 feet and lasting for 24 hours. WATCH CLIP
- The FBI can hack your phone and computer. The FBI has developed technology to remotely activate microphones on phones running Android OS. This enables them to record conversations. It can also do the same with laptop mics. Following the recent proof of hack that someone can remotely control your car’s computer, how safe are you from the government? WATCH CLIP
Question of the Week: WATCH CLIP
This week’s question: I have a question, and I wonder what you think. I read an article today on one of the internet newspapers, and it described a study that concluded that “millenials”…the age group between 18 and 34, were more forgetful than Seniors! The mental lapses mentioned were simple things like forgetting what day it is, or misplacing items, and even forgetting to take a shower. But the study named the cause as being stress. Now, I know that stress can muddle the mind. But I wonder if there are more factors at work here.
Starting from early childhood, people learn to remember important things to keep their lives on track: In adulthood, after all, when they have a job, they will need to retain details so that they can be at work on time and perform in a satisfactory way on the job. Part of that memory training was learning to memorize lists of things by rote. At the time it seemed very pointless, but I think it created pathways in the brain that helped develop memory skills. I notice that since the revolution of technology, people are becoming “lazier” about learning. Why study when you can google a topic and every detail magically appears before you?
Here is my question: Have you noticed a growing disregard for committing facts to memory in your years of teaching? If so, do you think it has been detrimental to students, or overall has it been beneficial (as in, wasting no time with details)? And, do you think students come to your classes less prepared to retain information than they did in the past? (So, my question would be, “in your estimation, has the advance of computers handicapped students in certain ways, rather than helped them?) And how big of a factor is “stress”….I know that SK has one of the most stressful and unforgiving climates for students ever, so…..
If you have a question, drop me a line at email@example.com. I will respond by email, video reply, or in a future podcast episode.
QiRanger RTW: Travel Talk Around the World: WATCH CLIP
This week we’ll be discussing we’re headed down to Daegu. This segment originally aired on TBS eFM, 101.3 in Seoul.
Ladies and gentlemen, that will do it for this week’s podcast. Thank you so much for joining me this week. If you liked it, please subscribe and pop on over to iTunes to rate and comment, it’s a way for the podcast to get featured. Please also share it with your friends, if you think they would find it helpful.
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The QiRanger Podcast is written and produced by Steve Miller and licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License. “Morning Blue,” was written and performed by Josh Woodward.