- Hyun Jung-taik, president of KDI (Korea Development Institute) played down possible negative impacts of rising currency and fuel prices on the economy, by saying “(the two factors) don’t pose a big threat to the economy. More worrisome is a possible price hike next year.” He predicted a rosy picture for the economic performance with a growth rate nearly reaching 5% next year.
- North Korean defectors are holding a festival in Ansan on Nov. 4, which includes making North Korean style kimchi to give out to people who participate in the event and isolated old people.
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