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President Lee Myung-bak and Ecuadorian President Rafael Correa discussed ways to strengthen cooperation in IT, energy development and infrastructure construction, during summit talks in Seoul on Wednesday.

North Korea founder Kim Il-sung died of heart disease, a new Chinese book claims.

South Korea said Wednesday it would penalize a key Iranian bank and put all financial transactions with Iran under government supervision as it announced a package of sanctions to join a U.S.-led campaign to censure Tehran over its suspected nuclear program, according to Yonhap News.

WASHINGTON (Reuters) – A U.S. government team will travel to Seoul, Tokyo and Beijing next week to discuss North Korea but has no plans to visit the poor, isolated state or meet its officials, the State Department said Tuesday.

Source : Reuters

Explore : Asia, Beijing, China, South Korea, World

[Chosun Ilbo] The U.S. Defense Department is said to be seriously considering the inclusion of a regime collapse scenario for North Korea in the Quadrennial Defense Report to be delivered to Congress early next year. The QDR preparation team, led by Defense Under Secretary Michèle Flournoy, is studying how the U.S. should deal with 11 different scenarios, including loss of control by the…

Source : Rantburg

Explore : Asia, China, North Korea, South Korea, World

… needed to conclude the pending talks on the Doha Round, adding that the upcoming G-20 summit in Seoul may push the trade talks forward. “Maybe next year, depending on the progress made on substance,” he said. Read more here .

Source : Thompson Ahern E-News

Explore : Asia, South Korea, World, World Trade Organization